FY2024 EPS Estimates for Rollins Lowered by Zacks Research

Rollins, Inc. (NYSE:ROL) – Research analysts at Zacks Research dropped their FY2024 EPS estimates for shares of Rollins in a report issued on Wednesday, November 13th. Zacks Research analyst A. Bose now expects that the business services provider will post earnings per share of $0.99 for the year, down from their prior estimate of $1.00. The consensus estimate for Rollins’ current full-year earnings is $0.99 per share. Zacks Research also issued estimates for Rollins’ Q4 2025 earnings at $0.28 EPS.

Rollins (NYSE:ROL) last released its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.01). The firm had revenue of $916.27 million during the quarter, compared to analysts’ expectations of $911.15 million. Rollins had a net margin of 14.18% and a return on equity of 38.67%. The business’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.28 earnings per share.

ROL has been the topic of a number of other reports. Wells Fargo & Company increased their price objective on shares of Rollins from $54.00 to $56.00 and gave the company an “overweight” rating in a research note on Tuesday, October 15th. Barclays began coverage on shares of Rollins in a research note on Monday, November 4th. They set an “equal weight” rating and a $50.00 price objective for the company. StockNews.com cut Rollins from a “buy” rating to a “hold” rating in a report on Thursday, October 24th. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $52.00 price objective on shares of Rollins in a research report on Thursday, July 25th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $49.83.

Rollins Trading Down 2.3 %

Shares of ROL stock opened at $50.13 on Friday. The stock has a market cap of $24.28 billion, a P/E ratio of 52.22 and a beta of 0.70. 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 has a fifty-two week low of $38.95 and a fifty-two week high of $52.16. The business has a fifty day simple moving average of $49.56 and a 200-day simple moving average of $48.63.

Rollins Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Investors of record on Tuesday, November 12th will be given a dividend of $0.165 per share. The ex-dividend date is Tuesday, November 12th. This is an increase from Rollins’s previous quarterly dividend of $0.15. This represents a $0.66 annualized dividend and a yield of 1.32%. Rollins’s dividend payout ratio is 68.75%.

Insiders Place Their Bets

In other Rollins news, insider Elizabeth B. Chandler sold 4,685 shares of the stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $50.49, for a total transaction of $236,545.65. Following the transaction, the insider now owns 84,653 shares of the company’s stock, valued at $4,274,129.97. This trade represents a 5.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 4.69% of the stock is owned by corporate insiders.

Institutional Trading of Rollins

Institutional investors and hedge funds have recently made changes to their positions in the company. Brooklyn Investment Group acquired a new stake in Rollins during the 3rd quarter worth approximately $28,000. Quest Partners LLC purchased a new position in shares of Rollins in the 2nd quarter valued at $33,000. Ridgewood Investments LLC purchased a new position in shares of Rollins in the 2nd quarter valued at $34,000. Quent Capital LLC lifted its holdings in shares of Rollins by 43.9% during the 2nd quarter. Quent Capital LLC now owns 774 shares of the business services provider’s stock valued at $38,000 after acquiring an additional 236 shares in the last quarter. Finally, True Wealth Design LLC boosted its position in Rollins by 4,272.2% during the 3rd quarter. True Wealth Design LLC now owns 787 shares of the business services provider’s stock worth $40,000 after purchasing an additional 769 shares during the period. 51.79% of the stock is currently owned by institutional investors and hedge funds.

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.