Rollins, Inc. (NYSE:ROL) Plans $0.17 Quarterly Dividend

Rollins, Inc. (NYSE:ROL) announced a quarterly dividend on Wednesday, January 22nd, RTT News reports. Shareholders of record on Tuesday, February 25th will be paid a dividend of 0.165 per share by the business services provider on Monday, March 10th. This represents a $0.66 annualized dividend and a yield of 1.29%. The ex-dividend date is Tuesday, February 25th.

Rollins has raised its dividend by an average of 21.8% annually over the last three years. Rollins has a payout ratio of 53.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Rollins to earn $1.22 per share next year, which means the company should continue to be able to cover its $0.66 annual dividend with an expected future payout ratio of 54.1%.

Rollins Price Performance

Shares of ROL opened at $51.29 on Friday. The company has a market cap of $24.83 billion, a price-to-earnings ratio of 53.42 and a beta of 0.76. Rollins has a twelve month low of $41.30 and a twelve month high of $52.83. The company has a quick ratio of 0.62, a current ratio of 0.69 and a debt-to-equity ratio of 0.30. The company has a 50 day moving average of $48.28 and a two-hundred day moving average of $49.12.

Rollins (NYSE:ROL) last announced its earnings results on Wednesday, February 12th. The business services provider reported $0.23 earnings per share for the quarter, meeting the consensus estimate of $0.23. Rollins had a net margin of 13.76% and a return on equity of 37.94%. As a group, analysts predict that Rollins will post 1.09 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ROL has been the subject of several recent analyst reports. Barclays initiated coverage on shares of Rollins in a research note on Monday, November 4th. They issued an “equal weight” rating and a $50.00 target price for the company. Canaccord Genuity Group lifted their price objective on shares of Rollins from $48.00 to $49.00 and gave the stock a “hold” rating in a research note on Friday, February 14th. Morgan Stanley lifted their price objective on shares of Rollins from $48.00 to $50.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. Wells Fargo & Company lifted their price objective on shares of Rollins from $56.00 to $58.00 and gave the stock an “overweight” rating in a research note on Monday, December 16th. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $52.00 price objective on shares of Rollins in a research note on Monday, January 6th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Rollins presently has an average rating of “Hold” and a consensus price target of $52.00.

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.