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.
Wall Street Analysts Forecast Growth
Separately, Wells Fargo & Company initiated coverage on Rollins in a research report on Tuesday, July 12th. They issued an "equal weight" rating and a $37.00 price target for the company.
Rollins Trading Down 0.2 %
ROL opened at $36.90 on Tuesday. The firm has a market cap of $18.17 billion, a price-to-earnings ratio of 55.07 and a beta of 0.59. The company has a current ratio of 0.98, a quick ratio of 0.92 and a debt-to-equity ratio of 0.19. Rollins has a 12 month low of $28.50 and a 12 month high of $40.11. The stock has a fifty day moving average price of $35.61 and a 200-day moving average price of $34.29.
Rollins Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, September 9th. Stockholders of record on Wednesday, August 10th will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.08%. The ex-dividend date of this dividend is Tuesday, August 9th. Rollins's payout ratio is 59.70%.
Insider Activity at Rollins
In related news, CEO Gary W. Rollins sold 195,890 shares of the company's stock in a transaction dated 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 directly owns 219,459,469 shares of the company's stock, valued at approximately $8,093,665,216.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In related news, major shareholder Lor Inc sold 500,000 shares of the company's stock in a transaction dated Thursday, August 4th. The stock was 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 of the company's stock, valued at approximately $8,343,302,285.78. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Gary W. Rollins sold 195,890 shares of the company's stock in a transaction dated Thursday, August 11th. The shares were sold at an average price of $36.88, for a total value of $7,224,423.20. Following the transaction, the chief executive officer now directly 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 valued at $56,950,240 in the last ninety days. Corporate insiders own 53.10% of the company's stock.