Zacks Research Issues Negative Outlook for Rollins Earnings

Rollins, Inc. (NYSE:ROL) – Equities researchers at Zacks Research decreased their FY2024 earnings per share (EPS) estimates for shares of Rollins in a research note issued to investors on Wednesday, November 13th. Zacks Research analyst A. Bose now anticipates that the business services provider will earn $0.99 per share for the year, down from their prior forecast 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.

Several other brokerages have also recently commented on ROL. Wells Fargo & Company boosted their target price on shares of Rollins from $54.00 to $56.00 and gave the company an “overweight” rating in a research report on Tuesday, October 15th. Royal Bank of Canada reissued an “outperform” rating and set a $52.00 target price on shares of Rollins in a research report on Thursday, July 25th. Barclays started coverage on shares of Rollins in a report on Monday, November 4th. They issued an “equal weight” rating and a $50.00 price target for the company. Finally, StockNews.com cut Rollins from a “buy” rating to a “hold” rating in a research note on Thursday, October 24th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, Rollins has an average rating of “Hold” and an average target price of $49.83.

Rollins Price Performance

Rollins stock opened at $49.91 on Friday. The stock’s 50 day moving average is $49.56 and its 200-day moving average is $48.67. The company has a market capitalization of $24.17 billion, a price-to-earnings ratio of 51.99 and a beta of 0.70. Rollins has a 12 month low of $39.03 and a 12 month high of $52.16. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 0.34.

Rollins (NYSE:ROL) last announced its quarterly earnings data on Wednesday, October 23rd. The business services provider reported $0.29 EPS 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 period in the prior year, the firm earned $0.28 EPS. The business’s revenue for the quarter was up 9.0% compared to the same quarter last year.

Rollins Increases Dividend

The company also recently disclosed 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. This represents a $0.66 annualized dividend and a yield of 1.32%. This is an increase from Rollins’s previous quarterly dividend of $0.15. The ex-dividend date is Tuesday, November 12th. Rollins’s dividend payout ratio is 68.75%.

Insider Buying and Selling at Rollins

In other Rollins news, insider Elizabeth B. Chandler sold 4,685 shares of Rollins stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $50.74, for a total value of $237,716.90. Following the sale, the insider now directly owns 89,338 shares in the company, valued at approximately $4,533,010.12. The trade was a 4.98 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 4.69% of the company’s stock.

Institutional Trading of Rollins

Several institutional investors have recently added to or reduced their stakes in the company. Assenagon Asset Management S.A. lifted its holdings in shares of Rollins by 185.0% during the 2nd quarter. Assenagon Asset Management S.A. now owns 384,935 shares of the business services provider’s stock valued at $18,781,000 after purchasing an additional 249,860 shares during the last quarter. Cetera Investment Advisers raised its holdings in Rollins by 4,697.4% in the 1st quarter. Cetera Investment Advisers now owns 324,109 shares of the business services provider’s stock valued at $14,997,000 after acquiring an additional 317,353 shares during the last quarter. Manning & Napier Advisors LLC purchased a new position in shares of Rollins during the 2nd quarter worth $13,580,000. UniSuper Management Pty Ltd lifted its holdings in Rollins by 501.9% in the first quarter. UniSuper Management Pty Ltd now owns 23,500 shares of the business services provider’s stock valued at $1,087,000 after acquiring an additional 19,596 shares during the last quarter. Finally, Comerica Bank boosted its stake in Rollins by 23.7% during the first quarter. Comerica Bank now owns 142,496 shares of the business services provider’s stock worth $6,593,000 after buying an additional 27,301 shares during the period. Institutional investors own 51.79% of the company’s stock.

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.