Rollins, Inc. Common Stock (NYSE:ROL):
Rollins, Inc. Announces Regular Quarterly And Special Cash Dividend.
The company is trading down from yesterday’s close of $30.7.
The company announced a dividend for shareholders that was paid on Friday September 9th, 2016. The dividend payment was $0.100 per share for the quarter or $0.40 on an annualized basis. This dividend represents a yeild of $1.34 which is the dividend as a percentage of the current share price. The ex-dividend date was Monday the 8th of August 2016.
The stock last traded at $30.67 which is a tad above the 50 day moving average of $28.80 and which is marginally higher than the 200 day moving average of $28.26. The 50 day moving average went up by +6.50% whereas the 200 day moving average was up $2.41 or +8.52%.
The company currently has a P/E ratio of 41.56 and the market value is 6.69B. As of the latest earnings report the EPS was $0.74 and is projected to be $0.76 for the current year with 218,039,000 shares outstanding. Analysts expect next quarter’s EPS to be $0.16 and the next full year EPS is anticipated to be $0.85.
Several brokerages have weighed in on the stock recently. On September 7 Nomura maintained a stock rating of “Buy” and raised the price expectation from $31.00 to $32.00. Equity analyst Nomura starting coverage on the stock with an initial rating of “Buy” and price target of $31.00.
On March 21 the stock rating was downgraded to “Neutral” from “Buy” in a statement from Sidoti & Co.. On January 12, 2016 the stock rating was set at “Buy” by Sidoti & Co. up from the previous “Neutral” rating.
On July 1 the company was changed to a “Neutral” according to a Macquarie report which was a cut from the previous “Outperform” rating. On March 19 analysts at Macquarie started covering ROL with a rating of “Outperform” and establishing a price target of $27.00.