Rollins (NYSE:ROL) Announces Earnings Results, Hits Expectations

Rollins (NYSE:ROL) announced its quarterly earnings results on Wednesday. The business services provider reported $0.23 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.23, Zacks reports. Rollins had a net margin of 14.18% and a return on equity of 38.67%.

Rollins Stock Down 0.6 %

Shares of Rollins stock opened at $51.63 on Friday. Rollins has a 1-year low of $40.41 and a 1-year high of $52.83. The company has a market capitalization of $25.00 billion, a P/E ratio of 53.78 and a beta of 0.76. The business’s fifty day moving average price is $48.00 and its two-hundred day moving average price is $48.96. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.78 and a quick ratio of 0.72.

Rollins Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Tuesday, February 25th will be given a $0.165 dividend. This represents a $0.66 annualized dividend and a yield of 1.28%. The ex-dividend date is Tuesday, February 25th. Rollins’s dividend payout ratio is currently 68.75%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on ROL. Wells Fargo & Company lifted their price target on shares of Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a research note on Monday, December 16th. UBS Group lifted their price objective on Rollins from $52.00 to $53.00 and gave the stock a “neutral” rating in a report on Friday, January 17th. Barclays assumed coverage on shares of Rollins in a report on Monday, November 4th. They issued an “equal weight” rating and a $50.00 price target on the stock. Canaccord Genuity Group increased their price target on shares of Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a research report on Friday. Finally, StockNews.com downgraded shares of Rollins from a “buy” rating to a “hold” rating in a report on Tuesday. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Rollins presently has an average rating of “Hold” and a consensus price target of $51.67.

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.