Rollins (NYSE:ROL – Get Free Report) announced its earnings results on Wednesday. The business services provider reported $0.20 earnings per share for the quarter, meeting the consensus estimate of $0.20, Briefing.com reports. The company had revenue of $748.35 million during the quarter, compared to the consensus estimate of $739.12 million. Rollins had a return on equity of 35.97% and a net margin of 14.15%. The company’s revenue was up 13.7% on a year-over-year basis. During the same period last year, the firm earned $0.18 earnings per share.
Rollins Stock Performance
Shares of NYSE:ROL traded up $0.22 during trading on Wednesday, hitting $42.87. 4,031,701 shares of the company traded hands, compared to its average volume of 1,955,611. The stock has a market capitalization of $20.77 billion, a price-to-earnings ratio of 48.61, a PEG ratio of 3.35 and a beta of 0.63. The business’s fifty day moving average is $44.44 and its 200-day moving average is $42.03. 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 one year low of $32.19 and a one year high of $47.45.
Rollins Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Friday, May 10th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.40%. Rollins’s payout ratio is currently 68.18%.
Analysts Set New Price Targets
Check Out Our Latest Stock Analysis on Rollins
Insider Buying and Selling
In other Rollins news, CFO Kenneth D. Krause sold 5,000 shares of the stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $46.18, for a total value of $230,900.00. Following the sale, the chief financial officer now directly owns 99,078 shares of the company’s stock, valued at $4,575,422.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other Rollins news, insider Thomas D. Tesh sold 5,147 shares of the stock in a transaction on Tuesday, March 12th. The stock was sold at an average price of $46.00, for a total value of $236,762.00. Following the sale, the insider now directly owns 35,387 shares of the company’s stock, valued at $1,627,802. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Kenneth D. Krause sold 5,000 shares of the stock in a transaction on Wednesday, March 13th. The stock was 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 directly owns 99,078 shares in the company, valued at $4,575,422.04. The disclosure for this sale can be found here. Insiders sold a total of 22,824 shares of company stock worth $994,558 in the last three months. 4.69% of the stock is owned by insiders.
About Rollins
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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