Rollins (ROL) Projected to Post Quarterly Earnings on Wednesday

Rollins (NYSE:ROL) is projected to post its quarterly earnings results after the market closes on Wednesday, February 12th. Analysts expect Rollins to post earnings of $0.23 per share and revenue of $817.50 million for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Rollins Price Performance

Shares of Rollins stock opened at $49.93 on Tuesday. The company’s fifty day simple moving average is $47.98 and its two-hundred day simple moving average is $48.90. Rollins has a 12-month low of $40.41 and a 12-month high of $52.16. The firm has a market cap of $24.18 billion, a PE ratio of 52.01 and a beta of 0.76. The company has a quick ratio of 0.72, a current ratio of 0.78 and a debt-to-equity ratio of 0.34.

Rollins Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Tuesday, February 25th will be paid a $0.165 dividend. The ex-dividend date is Tuesday, February 25th. This represents a $0.66 annualized dividend and a dividend yield of 1.32%. Rollins’s payout ratio is presently 68.75%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on ROL shares. Canaccord Genuity Group started coverage on Rollins in a research report on Tuesday, January 7th. They issued a “hold” rating and a $48.00 price objective on the stock. UBS Group lifted their price target on shares of Rollins from $52.00 to $53.00 and gave the company a “neutral” rating in a report on Friday, January 17th. StockNews.com lowered shares of Rollins from a “buy” rating to a “hold” rating in a report on Tuesday. Wells Fargo & Company lifted their target price on shares of Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a research note on Monday, December 16th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 price target on shares of Rollins in a research note on Monday, January 6th. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $51.50.

Insider Buying and Selling at Rollins

In other Rollins news, major shareholder Timothy Curtis Rollins sold 14,750 shares of the company’s stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $49.88, for a total transaction of $735,730.00. Following the transaction, the insider now owns 124,214 shares in the company, valued at approximately $6,195,794.32. This represents a 10.61 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 4.69% of the company’s stock.

Rollins Company Profile

Rollins, Inc, through its subsidiaries, provides pest and wildlife control services to residential and commercial customers in the United States and internationally. The company offers pest control services to residential properties protecting from common pests, including rodents, insects, and wildlife.