Rollins, Inc. (ROL) to Distribute Quarterly Dividend of $0.15 on June 10th

Rollins, Inc. (NYSE:ROL) declared a quarterly dividend on Tuesday, April 23rd, RTT News reports. Shareholders of record on Friday, May 10th will be given a dividend of 0.15 per share by the business services provider on Monday, June 10th. This represents a $0.60 dividend on an annualized basis and a yield of 1.40%.

Rollins has increased its dividend payment by an average of 31.0% annually over the last three years and has raised its dividend every year for the last 3 years. Rollins has a dividend payout ratio of 54.5% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Rollins to earn $1.09 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 55.0%.

Rollins Trading Up 0.5 %

ROL opened at $42.87 on Thursday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.71 and a quick ratio of 0.65. The company’s 50 day simple moving average is $44.41 and its two-hundred day simple moving average is $42.04. Rollins has a 1-year low of $32.19 and a 1-year high of $47.45. The firm has a market capitalization of $20.77 billion, a price-to-earnings ratio of 48.72, a price-to-earnings-growth ratio of 3.37 and a beta of 0.63.

Rollins (NYSE:ROL) last released its earnings results on Wednesday, April 24th. The business services provider reported $0.20 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.20. Rollins had a net margin of 14.15% and a return on equity of 35.97%. The business had revenue of $748.35 million for the quarter, compared to analyst estimates of $739.12 million. During the same period last year, the company posted $0.18 EPS. The business’s revenue was up 13.7% on a year-over-year basis. Analysts expect that Rollins will post 0.99 EPS for the current fiscal year.

Insider Activity at Rollins

In related news, CFO Kenneth D. Krause sold 5,000 shares of Rollins stock in a transaction that occurred on Wednesday, March 13th. The shares were sold at an average price of $46.18, for a total value of $230,900.00. Following the completion of the sale, the chief financial officer now owns 99,078 shares in the company, valued at approximately $4,575,422.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Rollins news, insider Traci Hornfeck sold 2,677 shares of the business’s stock in a transaction on Thursday, February 29th. The shares were sold at an average price of $43.48, for a total value of $116,395.96. Following the completion of the transaction, the insider now owns 14,376 shares in the company, valued at $625,068.48. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Kenneth D. Krause sold 5,000 shares of the business’s stock in a transaction on 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 transaction, the chief financial officer now owns 99,078 shares of the company’s stock, valued at approximately $4,575,422.04. The disclosure for this sale can be found here. In the last quarter, insiders sold 22,824 shares of company stock worth $994,558. Insiders own 4.69% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. StockNews.com lowered shares of Rollins from a “buy” rating to a “hold” rating in a research note on Thursday. The Goldman Sachs Group initiated coverage on shares of Rollins in a research report on Tuesday, January 2nd. They set a “buy” rating and a $49.00 price target on the stock. Royal Bank of Canada reaffirmed an “outperform” rating and set a $52.00 price target on shares of Rollins in a research report on Thursday, February 15th. Finally, UBS Group reaffirmed a “neutral” rating and set a $49.00 price target on shares of Rollins in a research report on Monday, April 15th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $46.83.

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.