Rollins, Inc. (NYSE:ROL) Given Consensus Recommendation of “Hold” by Brokerages

Rollins, Inc. (NYSE:ROL) has received an average rating of “Hold” from the six brokerages that are presently covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $51.50.

ROL has been the subject of a number of recent analyst reports. Morgan Stanley upped their price target on shares of Rollins from $46.00 to $48.00 and gave the company an “equal weight” rating in a report on Thursday, December 12th. Barclays initiated coverage on shares of Rollins in a report on Monday, November 4th. They set an “equal weight” rating and a $50.00 price target for the company. StockNews.com lowered shares of Rollins from a “buy” rating to a “hold” rating in a report on Wednesday, January 8th. Canaccord Genuity Group began coverage on shares of Rollins in a report on Tuesday, January 7th. They set a “hold” rating and a $48.00 price target for the company. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $52.00 price objective on shares of Rollins in a report on Monday, January 6th.

Rollins Trading Up 0.2 %

Shares of ROL opened at $48.40 on Monday. The firm has a market cap of $23.44 billion, a price-to-earnings ratio of 50.42 and a beta of 0.75. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.72 and a current ratio of 0.78. Rollins has a fifty-two week low of $40.41 and a fifty-two week high of $52.16. The firm has a 50 day moving average price of $48.39 and a 200-day moving average price of $48.95.

Rollins (NYSE:ROL) last announced its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $0.29 earnings per share for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.01). Rollins had a return on equity of 38.67% and a net margin of 14.18%. The business had revenue of $916.27 million during the quarter, compared to the consensus estimate of $911.15 million. During the same quarter in the previous year, the firm posted $0.28 earnings per share. The company’s revenue was up 9.0% compared to the same quarter last year. As a group, equities research analysts forecast that Rollins will post 0.99 earnings per share for the current year.

Rollins Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 10th. Investors of record on Tuesday, November 12th were given a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 1.36%. This is an increase from Rollins’s previous quarterly dividend of $0.15. The ex-dividend date was Tuesday, November 12th. Rollins’s dividend payout ratio is 68.75%.

Insider Activity at Rollins

In related news, major shareholder Timothy Curtis Rollins sold 14,750 shares of the 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 sale, the insider now directly owns 124,214 shares of the company’s stock, valued at approximately $6,195,794.32. This represents a 10.61 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 4.69% of the stock is currently owned by insiders.

Institutional Trading of Rollins

Several institutional investors have recently bought and sold shares of the company. B.O.S.S. Retirement Advisors LLC grew its position in Rollins by 4.9% during the 3rd quarter. B.O.S.S. Retirement Advisors LLC now owns 4,543 shares of the business services provider’s stock valued at $230,000 after purchasing an additional 212 shares during the last quarter. Eastern Bank lifted its stake in Rollins by 0.5% during the 4th quarter. Eastern Bank now owns 50,410 shares of the business services provider’s stock valued at $2,337,000 after acquiring an additional 236 shares during the period. Mather Group LLC. lifted its stake in Rollins by 8.8% during the 3rd quarter. Mather Group LLC. now owns 3,027 shares of the business services provider’s stock valued at $153,000 after acquiring an additional 246 shares during the period. Federated Hermes Inc. lifted its stake in Rollins by 16.4% during the 2nd quarter. Federated Hermes Inc. now owns 1,766 shares of the business services provider’s stock valued at $86,000 after acquiring an additional 249 shares during the period. Finally, Raymond James Trust N.A. lifted its stake in Rollins by 1.9% during the 3rd quarter. Raymond James Trust N.A. now owns 13,283 shares of the business services provider’s stock valued at $672,000 after acquiring an additional 252 shares during the period. 51.79% of the stock is owned by hedge funds and other institutional investors.

About Rollins

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.