Zacks Research Has Weak Forecast for Rollins FY2024 Earnings

Rollins, Inc. (NYSE:ROL) – Analysts at Zacks Research reduced their FY2024 earnings per share (EPS) estimates for Rollins in a report released on Wednesday, November 13th. Zacks Research analyst A. Bose now forecasts 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.

Rollins (NYSE:ROL) last posted its quarterly earnings data 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). Rollins had a return on equity of 38.67% and a net margin of 14.18%. The business had revenue of $916.27 million for the quarter, compared to analyst estimates of $911.15 million. During the same quarter last year, the business earned $0.28 EPS. Rollins’s revenue for the quarter was up 9.0% compared to the same quarter last year.

Other equities analysts also recently issued reports about the company. Royal Bank of Canada restated an “outperform” rating and issued a $52.00 target price on shares of Rollins in a research note on Thursday, July 25th. Barclays initiated coverage on Rollins in a report on Monday, November 4th. They issued an “equal weight” rating and a $50.00 target price for the company. Wells Fargo & Company boosted their target price on Rollins from $54.00 to $56.00 and gave the company an “overweight” rating in a research note on Tuesday, October 15th. Finally, StockNews.com downgraded Rollins from a “buy” rating to a “hold” rating in a research note on Thursday, October 24th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $49.83.

Rollins Price Performance

ROL opened at $49.91 on Friday. 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 has a twelve month low of $39.03 and a twelve month high of $52.16. The company has a fifty day simple moving average of $49.56 and a 200 day simple moving average of $48.67. The firm has a market cap of $24.17 billion, a price-to-earnings ratio of 51.99 and a beta of 0.70.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. Brooklyn Investment Group bought a new position in Rollins in the 3rd quarter valued at $28,000. Quest Partners LLC purchased a new position in shares of Rollins in the 2nd quarter worth about $33,000. Ridgewood Investments LLC bought a new position in shares of Rollins during the second quarter valued at $34,000. Quent Capital LLC boosted its holdings in Rollins by 43.9% in the second quarter. Quent Capital LLC now owns 774 shares of the business services provider’s stock worth $38,000 after purchasing an additional 236 shares during the last quarter. Finally, True Wealth Design LLC grew its stake in shares of Rollins by 4,272.2% during the 3rd quarter. True Wealth Design LLC now owns 787 shares of the business services provider’s stock valued at $40,000 after purchasing an additional 769 shares during the period. 51.79% of the stock is owned by institutional investors.

Insider Transactions at Rollins

In other Rollins news, insider Elizabeth B. Chandler sold 4,685 shares of the business’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 transaction, the insider now directly owns 84,653 shares of the company’s stock, valued at approximately $4,274,129.97. The trade was a 5.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 4.69% of the stock is owned by insiders.

Rollins Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Tuesday, November 12th will be issued a $0.165 dividend. This is a positive change from Rollins’s previous quarterly dividend of $0.15. This represents a $0.66 annualized dividend and a yield of 1.32%. The ex-dividend date of this dividend is Tuesday, November 12th. Rollins’s dividend payout ratio (DPR) is currently 68.75%.

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.