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. It also provides workplace pest control solutions for customers across various end markets, such as healthcare, foodservice, and logistics. In addition, the company offers traditional and baiting termite protection, as well as ancillary services. It serves clients directly, as well as through franchisee operations. Rollins, Inc. was incorporated in 1948 and is headquartered in Atlanta, Georgia.
Analysts Set New Price Targets
Separately, Wells Fargo & Company initiated coverage on shares of Rollins in a research note on Tuesday, July 12th. They set an "equal weight" rating and a $37.00 price objective on the stock.
Rollins Stock Performance
Shares of ROL opened at $36.97 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.92 and a current ratio of 0.98. Rollins has a twelve month low of $28.50 and a twelve month high of $40.11. The firm's 50 day moving average price is $35.57 and its two-hundred day moving average price is $34.17. The firm has a market cap of $18.20 billion, a P/E ratio of 55.18 and a beta of 0.59.
Rollins Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, September 9th. Shareholders of record on Wednesday, August 10th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date is Tuesday, August 9th. Rollins's payout ratio is currently 59.70%.
Insider Activity
In other news, major shareholder Lor Inc sold 500,000 shares of Rollins stock in a transaction that occurred on Thursday, August 4th. The shares were sold at an average price of $37.73, for a total value of $18,865,000.00. Following the sale, the insider now directly owns 221,131,786 shares in the company, valued at $8,343,302,285.78. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, major shareholder Lor Inc sold 500,000 shares of the business's stock in a transaction on Thursday, August 4th. The shares were sold at an average price of $37.73, for a total transaction of $18,865,000.00. Following the transaction, the insider now directly owns 221,131,786 shares in the company, valued at $8,343,302,285.78. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Gary W. Rollins sold 195,890 shares of the business's stock in a transaction on Thursday, August 11th. The stock was sold at an average price of $36.88, for a total transaction of $7,224,423.20. Following the transaction, the chief executive officer now owns 219,459,469 shares in the company, valued at $8,093,665,216.72. The disclosure for this sale can be found here. Insiders have sold 1,521,732 shares of company stock worth $56,950,240 over the last ninety days. Insiders own 53.10% of the company's stock.