Shares of Rollins, Inc. (NYSE:ROL) have been given an average rating of “Hold” by the seven research firms that are currently covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $55.50.
Several research firms have commented on ROL. Zacks Investment Research upgraded shares of Rollins from a “sell” rating to a “hold” rating in a report on Wednesday, October 31st. Stifel Nicolaus reiterated a “hold” rating and issued a $55.00 price objective (up from $50.00) on shares of Rollins in a report on Saturday, August 18th. Buckingham Research upped their price objective on shares of Rollins from $50.00 to $56.00 and gave the company a “neutral” rating in a report on Monday, October 29th. Finally, Gabelli began coverage on shares of Rollins in a report on Monday, September 17th. They issued a “hold” rating and a $51.00 price objective on the stock.
Shares of NYSE:ROL traded up $2.21 on Wednesday, hitting $61.53. The company had a trading volume of 895,756 shares, compared to its average volume of 770,755. Rollins has a 1-year low of $44.43 and a 1-year high of $64.39. The company has a market cap of $12.95 billion, a P/E ratio of 70.72, a P/E/G ratio of 5.53 and a beta of 0.30.
Rollins’s stock is going to split on Tuesday, December 11th. The 3-2 split was announced on Tuesday, October 23rd. The newly issued shares will be payable to shareholders after the market closes on Monday, December 10th.
Rollins (NYSE:ROL) last released its quarterly earnings data on Wednesday, October 24th. The business services provider reported $0.31 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.30 by $0.01. Rollins had a net margin of 11.97% and a return on equity of 32.90%. The firm had revenue of $487.70 million for the quarter, compared to the consensus estimate of $489.64 million. During the same period in the previous year, the company earned $0.24 earnings per share. The company’s quarterly revenue was up 8.3% on a year-over-year basis. On average, equities research analysts expect that Rollins will post 1.09 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 10th. Shareholders of record on Friday, November 9th will be issued a $0.14 dividend. The ex-dividend date of this dividend is Thursday, November 8th. This represents a $0.56 annualized dividend and a dividend yield of 0.91%. Rollins’s dividend payout ratio is currently 64.37%.
Several hedge funds have recently added to or reduced their stakes in ROL. Dimensional Fund Advisors LP grew its stake in shares of Rollins by 1.1% in the first quarter. Dimensional Fund Advisors LP now owns 634,306 shares of the business services provider’s stock valued at $32,369,000 after acquiring an additional 6,917 shares in the last quarter. UBS Group AG grew its stake in shares of Rollins by 38.0% in the first quarter. UBS Group AG now owns 43,940 shares of the business services provider’s stock valued at $2,242,000 after acquiring an additional 12,101 shares in the last quarter. Jane Street Group LLC grew its stake in shares of Rollins by 93.9% in the first quarter. Jane Street Group LLC now owns 9,288 shares of the business services provider’s stock valued at $474,000 after acquiring an additional 4,498 shares in the last quarter. LPL Financial LLC grew its stake in Rollins by 10.0% during the first quarter. LPL Financial LLC now owns 13,826 shares of the business services provider’s stock worth $706,000 after buying an additional 1,255 shares in the last quarter. Finally, Legal & General Group Plc grew its stake in Rollins by 14.5% during the first quarter. Legal & General Group Plc now owns 199,982 shares of the business services provider’s stock worth $10,205,000 after buying an additional 25,307 shares in the last quarter. Institutional investors and hedge funds own 38.92% of the company’s stock.
Rollins, Inc, through its subsidiaries, provides pest and termite control services to residential and commercial customers. It offers protection against termite damage, rodents, and insects to homes and businesses, including hotels, food service establishments, food manufacturers, retailers, and transportation companies.
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