Rollins, Inc. (NYSE:ROL - Get Free Report) saw unusually-high trading volume on Friday . Approximately 1,064,355 shares were traded during trading, a decline of 37% from the previous session's volume of 1,700,013 shares.The stock last traded at $47.27 and had previously closed at $47.14.
A number of brokerages recently commented on ROL. Wells Fargo & Company raised their price objective 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. StockNews.com lowered Rollins from a "buy" rating to a "hold" rating in a report on Thursday, October 24th. Finally, Royal Bank of Canada reissued an "outperform" rating and issued a $52.00 target price on shares of Rollins in a report on Thursday, July 25th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $49.80.
View Our Latest Report on ROL
The firm has a 50 day moving average of $49.69 and a two-hundred day moving average of $48.20. The stock has a market capitalization of $22.81 billion, a PE ratio of 49.10 and a beta of 0.70. 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 - Get Free Report) last released its quarterly earnings results on Wednesday, October 23rd. The business services provider reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.01). The firm had revenue of $916.27 million for the quarter, compared to analyst estimates of $911.15 million. Rollins had a return on equity of 38.67% and a net margin of 14.18%. The company's quarterly revenue was up 9.0% compared to the same quarter last year. During the same period last year, the firm earned $0.28 EPS. Equities research analysts anticipate that Rollins, Inc. will post 0.99 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Tuesday, November 12th will be given a $0.165 dividend. The ex-dividend date of this dividend is Tuesday, November 12th. This is a positive change from Rollins's previous quarterly dividend of $0.15. This represents a $0.66 annualized dividend and a dividend yield of 1.40%. Rollins's dividend payout ratio is currently 62.50%.
In related news, insider Elizabeth B. Chandler sold 4,685 shares of the company's stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $50.49, for a total value of $236,545.65. Following the sale, the insider now owns 84,653 shares of the company's stock, valued at approximately $4,274,129.97. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 4.69% of the company's stock.
A number of hedge funds have recently bought and sold shares of the company. QRG Capital Management Inc. lifted its stake in shares of Rollins by 4.7% during the 2nd quarter. QRG Capital Management Inc. now owns 4,547 shares of the business services provider's stock worth $222,000 after purchasing an additional 203 shares during the period. B.O.S.S. Retirement Advisors LLC lifted its position in Rollins by 4.9% during the third quarter. B.O.S.S. Retirement Advisors LLC now owns 4,543 shares of the business services provider's stock worth $230,000 after buying an additional 212 shares during the period. Quent Capital LLC boosted its stake in Rollins by 43.9% in the 2nd quarter. Quent Capital LLC now owns 774 shares of the business services provider's stock worth $38,000 after buying an additional 236 shares during the last quarter. Mather Group LLC. grew its holdings in Rollins by 8.8% in the 3rd quarter. Mather Group LLC. now owns 3,027 shares of the business services provider's stock valued at $153,000 after buying an additional 246 shares during the period. Finally, Federated Hermes Inc. increased its stake in shares of Rollins by 16.4% during the 2nd quarter. Federated Hermes Inc. now owns 1,766 shares of the business services provider's stock valued at $86,000 after acquiring an additional 249 shares during the last quarter. Institutional investors and hedge funds own 51.79% of the company's stock.
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.
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