Rollins, Inc. (NYSE:ROL) – Research analysts at William Blair issued their Q1 2018 earnings estimates for Rollins in a research note issued to investors on Monday. William Blair analyst T. Mulrooney forecasts that the business services provider will post earnings per share of $0.23 for the quarter. William Blair has a “Outperform” rating on the stock. William Blair also issued estimates for Rollins’ Q2 2018 earnings at $0.32 EPS, Q3 2018 earnings at $0.31 EPS, Q4 2018 earnings at $0.26 EPS and FY2018 earnings at $1.13 EPS.
Rollins (NYSE:ROL) last announced its earnings results on Wednesday, January 24th. The business services provider reported $0.21 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.20 by $0.01. Rollins had a return on equity of 29.76% and a net margin of 10.70%. The firm had revenue of $414.70 million for the quarter, compared to analysts’ expectations of $412.08 million. During the same quarter in the previous year, the company earned $0.17 earnings per share. The firm’s quarterly revenue was up 7.5% compared to the same quarter last year.
Rollins (NYSE ROL) opened at $49.70 on Wednesday. The stock has a market capitalization of $10,951.07, a price-to-earnings ratio of 57.75 and a beta of 0.27. Rollins has a twelve month low of $34.75 and a twelve month high of $51.78.
The business also recently declared a quarterly dividend, which will be paid on Friday, March 9th. Shareholders of record on Friday, February 9th will be issued a $0.14 dividend. The ex-dividend date is Thursday, February 8th. This represents a $0.56 annualized dividend and a dividend yield of 1.13%. This is a boost from Rollins’s previous quarterly dividend of $0.12. Rollins’s dividend payout ratio is currently 56.10%.
In related news, Vice Chairman Gary W. Rollins purchased 2,180 shares of the company’s stock in a transaction on Wednesday, December 13th. The shares were bought at an average price of $45.84 per share, with a total value of $99,931.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 56.30% of the stock is currently owned by corporate insiders.
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in shares of Rollins by 2.9% in the second quarter. Vanguard Group Inc. now owns 9,992,641 shares of the business services provider’s stock valued at $406,800,000 after buying an additional 282,781 shares in the last quarter. State Street Corp raised its stake in Rollins by 22.0% during the 2nd quarter. State Street Corp now owns 3,057,753 shares of the business services provider’s stock valued at $124,482,000 after purchasing an additional 551,185 shares during the period. Riverbridge Partners LLC raised its stake in Rollins by 0.6% during the 3rd quarter. Riverbridge Partners LLC now owns 1,790,872 shares of the business services provider’s stock valued at $82,631,000 after purchasing an additional 10,110 shares during the period. Janus Henderson Group PLC raised its stake in Rollins by 10.5% during the 3rd quarter. Janus Henderson Group PLC now owns 1,760,860 shares of the business services provider’s stock valued at $81,246,000 after purchasing an additional 166,916 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in Rollins by 1.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,270,295 shares of the business services provider’s stock valued at $58,611,000 after purchasing an additional 23,872 shares during the period. 37.61% of the stock is currently owned by institutional investors.
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Rollins, Inc is a service company, which operates in pest and termite control business segment. The Company, through its subsidiaries, provides its services to both residential and commercial customers in North America, Australia, and Europe with international franchises in Central America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe, Africa, Canada, Australia, and Mexico.
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