Rollins, Inc. (ROL) To Go Ex-Dividend on February 25th

Rollins, Inc. (NYSE:ROL) declared a quarterly dividend on Wednesday, January 22nd, RTT News reports. Shareholders of record on Tuesday, February 25th will be given a dividend of 0.165 per share by the business services provider on Monday, March 10th. This represents a $0.66 annualized dividend and a dividend yield of 1.29%. The ex-dividend date of this dividend is Tuesday, February 25th.

Rollins has increased its dividend payment by an average of 21.8% per year over the last three years. Rollins has a payout ratio of 53.7% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Rollins to earn $1.22 per share next year, which means the company should continue to be able to cover its $0.66 annual dividend with an expected future payout ratio of 54.1%.

Rollins Stock Down 0.1 %

ROL opened at $51.29 on Friday. The firm has a 50-day simple moving average of $48.28 and a two-hundred day simple moving average of $49.12. Rollins has a 52 week low of $41.30 and a 52 week high of $52.83. The company has a market capitalization of $24.83 billion, a PE ratio of 53.42 and a beta of 0.76. The company has a quick ratio of 0.62, a current ratio of 0.69 and a debt-to-equity ratio of 0.30.

Rollins (NYSE:ROL) last announced its quarterly earnings results on Wednesday, February 12th. The business services provider reported $0.23 EPS for the quarter, meeting analysts’ consensus estimates of $0.23. Rollins had a net margin of 13.76% and a return on equity of 37.94%. Analysts forecast that Rollins will post 1.09 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently commented on ROL. StockNews.com raised shares of Rollins from a “hold” rating to a “buy” rating in a report on Wednesday. Wells Fargo & Company increased their price target on shares of Rollins from $56.00 to $58.00 and gave the company an “overweight” rating in a report on Monday, December 16th. Royal Bank of Canada reissued an “outperform” rating and issued a $52.00 price objective on shares of Rollins in a research report on Monday, January 6th. Canaccord Genuity Group raised their target price on shares of Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a research report on Friday, February 14th. Finally, Morgan Stanley raised their target price on shares of Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Rollins presently has a consensus rating of “Hold” and a consensus target price of $52.00.

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.