Rollins (NYSE:ROL – Get Free Report) posted its quarterly earnings results on Wednesday. The business services provider reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.01), Briefing.com reports. The company had revenue of $916.27 million for the quarter, compared to the consensus estimate of $911.15 million. Rollins had a return on equity of 40.10% and a net margin of 14.23%. Rollins’s revenue was up 9.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.28 earnings per share.
Rollins Stock Up 1.4 %
Shares of ROL traded up $0.64 during trading hours on Friday, hitting $47.12. The company had a trading volume of 210,306 shares, compared to its average volume of 1,690,579. The stock has a market capitalization of $22.82 billion, a price-to-earnings ratio of 49.45 and a beta of 0.70. The firm has a fifty day moving average price of $49.93 and a 200-day moving average price of $48.12. Rollins has a 52-week low of $35.54 and a 52-week high of $51.96. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.72 and a current ratio of 0.78.
Rollins Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Tuesday, November 12th will be paid a $0.165 dividend. This is a boost from Rollins’s previous quarterly dividend of $0.15. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.40%. The ex-dividend date of this dividend is Tuesday, November 12th. Rollins’s dividend payout ratio is currently 63.83%.
Insider Buying and Selling at Rollins
Analysts Set New Price Targets
ROL has been the subject of several recent analyst reports. Royal Bank of Canada reaffirmed an “outperform” rating and set a $52.00 price objective on shares of Rollins in a research note on Thursday, July 25th. StockNews.com lowered Rollins from a “buy” rating to a “hold” rating in a research report on Thursday. Finally, Wells Fargo & Company lifted their price target on shares of Rollins from $54.00 to $56.00 and gave the company an “overweight” rating in a report on Tuesday, October 15th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $49.80.
Read Our Latest Stock Analysis on ROL
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.
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