FY2024 EPS Estimates for Rollins, Inc. (NYSE:ROL) Raised by William Blair

Rollins, Inc. (NYSE:ROL) – Analysts at William Blair boosted their FY2024 earnings per share (EPS) estimates for shares of Rollins in a research report issued on Thursday, April 25th. William Blair analyst T. Mulrooney now forecasts that the business services provider will post earnings of $0.99 per share for the year, up from their previous estimate of $0.97. The consensus estimate for Rollins’ current full-year earnings is $0.99 per share. William Blair also issued estimates for Rollins’ FY2025 earnings at $1.08 EPS.

Rollins (NYSE:ROL) last posted its earnings results on Wednesday, April 24th. The business services provider reported $0.20 earnings per share for the quarter, meeting the consensus estimate of $0.20. The firm had revenue of $748.35 million during the quarter, compared to analyst estimates of $739.12 million. Rollins had a net margin of 13.94% and a return on equity of 37.47%. The business’s quarterly revenue was up 13.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.18 EPS.

ROL has been the topic of a number of other research reports. UBS Group restated a “neutral” rating and issued a $49.00 price objective on shares of Rollins in a report on Monday, April 15th. Royal Bank of Canada reiterated an “outperform” rating and issued a $52.00 price objective on shares of Rollins in a report on Thursday, February 15th. The Goldman Sachs Group began coverage on shares of Rollins in a research report on Tuesday, January 2nd. They set a “buy” rating and a $49.00 price target for the company. Finally, StockNews.com lowered Rollins from a “buy” rating to a “hold” rating in a research note on Thursday. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, Rollins presently has a consensus rating of “Moderate Buy” and a consensus target price of $46.83.

Rollins Stock Up 3.3 %

ROL stock opened at $44.28 on Friday. The company has a quick ratio of 0.65, a current ratio of 0.71 and a debt-to-equity ratio of 0.42. Rollins has a 52 week low of $32.19 and a 52 week high of $47.45. The stock has a market capitalization of $21.46 billion, a P/E ratio of 49.75, a P/E/G ratio of 3.38 and a beta of 0.63. The firm has a 50-day simple moving average of $44.46 and a 200-day simple moving average of $42.06.

Rollins Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Investors of record on Friday, May 10th will be paid a dividend of $0.15 per share. The ex-dividend date is Thursday, May 9th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.36%. Rollins’s payout ratio is 67.42%.

Insider Activity at Rollins

In other Rollins news, insider Elizabeth B. Chandler sold 10,000 shares of the stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $41.05, for a total value of $410,500.00. Following the sale, the insider now directly owns 99,709 shares of the company’s stock, valued at approximately $4,093,054.45. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In other Rollins news, CFO Kenneth D. Krause sold 5,000 shares of Rollins stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $46.18, for a total transaction of $230,900.00. Following the completion of the sale, the chief financial officer now directly owns 99,078 shares of the company’s stock, valued at approximately $4,575,422.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Elizabeth B. Chandler sold 10,000 shares of the stock in a transaction dated Wednesday, February 21st. The shares were sold at an average price of $41.05, for a total value of $410,500.00. Following the completion of the transaction, the insider now owns 99,709 shares in the company, valued at approximately $4,093,054.45. The disclosure for this sale can be found here. Insiders have sold a total of 22,824 shares of company stock valued at $994,558 over the last 90 days. 4.69% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Rollins

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ROL. Vanguard Group Inc. boosted its holdings in shares of Rollins by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 32,231,567 shares of the business services provider’s stock valued at $1,407,553,000 after buying an additional 211,560 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its stake in Rollins by 40.6% in the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 9,293,419 shares of the business services provider’s stock valued at $346,923,000 after acquiring an additional 2,682,017 shares in the last quarter. Norges Bank purchased a new position in shares of Rollins during the fourth quarter worth about $256,862,000. Invesco Ltd. increased its position in shares of Rollins by 18.4% during the third quarter. Invesco Ltd. now owns 3,992,323 shares of the business services provider’s stock worth $149,033,000 after purchasing an additional 620,179 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of Rollins by 10.9% in the 3rd quarter. Northern Trust Corp now owns 3,165,604 shares of the business services provider’s stock valued at $118,172,000 after purchasing an additional 312,274 shares during the last quarter. 51.79% of the stock is owned by institutional investors and hedge funds.

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.