Welcome to our dedicated page for Rollins news (Ticker: ROL), a resource for investors and traders seeking the latest updates and insights on Rollins stock.
News about Rollins, Inc. (NYSE: ROL) centers on its role as a global consumer and commercial pest control services company and its activities as a publicly traded stock. Through its family of brands, including Orkin and numerous regional pest management companies, Rollins provides essential pest control services and protection against termite damage, rodents, and insects to more than 2.8 million customers worldwide. Company news often reflects both operational developments in pest control and financial updates relevant to ROL shareholders.
Investors following Rollins news can expect regular announcements of quarterly and full-year financial results, including details on revenue, margins, earnings, cash flow, and non-GAAP metrics such as adjusted operating income and adjusted EBITDA. The company typically pairs earnings releases with conference calls and webcasts, offering management commentary on performance and capital allocation, including acquisitions, capital expenditures, dividends, and share repurchases.
Rollins news also includes disclosures about capital markets transactions involving its common stock, such as secondary public offerings by existing stockholders and related share repurchases by the company, as reported in Form 8-K filings and press releases. In addition, Rollins announces participation in investor conferences and analyst events, where leadership discusses strategic priorities and business performance.
Because Rollins operates a large portfolio of pest control brands, news may also highlight brand-level initiatives, public education campaigns, and industry insights, such as Orkin’s reporting on rodent activity trends in major cities. For investors, analysts, and others tracking ROL, this news page aggregates these updates in one place, making it easier to review financial announcements, capital markets activity, and operational developments affecting the company’s pest control business.
On February 1, 2021, Orkin announced Chicago as the top city in its annual Bed Bug Cities List, followed by Baltimore and Washington, D.C. Despite decreased travel in 2020, bed bugs thrived in tourist-heavy Chicago, which welcomes over 48 million visitors each year. The ranking is based on treatment data from December 2019 to November 2020, covering both residential and commercial treatments. Toledo made the largest leap, rising 23 spots to 27th place, with Denver and Charleston entering the top 20. Orkin advises vigilance against bed bugs as travel resumes in 2021.
Rollins, Inc. (NYSE:ROL) reported strong financial results for Q4 2020, with total revenues of $536.3 million, a 6.0% increase from $506.0 million in Q4 2019. Full-year revenues rose 7.2% to $2.161 billion. The company recorded net income of $62.6 million, or $0.13 per diluted share for Q4, up from $50.8 million or $0.10 per share last year. For 2020, net income reached $260.8 million, or $0.53 per share, despite a $6.7 million non-cash charge. Adjusted net income was $267.5 million, boosting overall growth amid challenges from COVID-19.
Rollins, Inc. (NYSE: ROL) announced a quarterly cash dividend of $0.08 per share, payable on March 10, 2021. Stockholders of record will be confirmed as of the close of business on February 10, 2021. The company is a global leader in consumer and commercial pest control services, operating over 700 locations across multiple continents, servicing more than two million customers. This dividend declaration reflects the company's commitment to returning value to its shareholders.
Rollins, Inc. (NYSE: ROL) will announce its unaudited financial results for Q4 and the full year 2020 on January 27, 2021. A conference call is scheduled for the same day at 10:00 a.m. Eastern Time to discuss the results. Interested participants can join by calling 1-877-407-9716 (domestic) or 1-201-493-6779 (international) using conference ID 13714448. A replay will be available until February 3, 2021. Rollins, a leading global pest control services company, operates numerous brands and serves over two million customers worldwide.
Rollins, Inc. (NYSE: ROL) has announced the election of Patrick Gunning to its Board of Directors, succeeding Jimmy Williams, who retires after 42 years of service. Gunning, who has extensive experience in financial management, previously served as CFO of the Robert W. Woodruff Arts Center and held multiple leadership roles at Ernst & Young. He is a Certified Public Accountant and brings valuable expertise in financial reporting, capital markets, and mergers. The management transition aims to strengthen the board's strategic capabilities.
Rollins, Inc. (NYSE:ROL) has announced the election of Susan Bell to its Board of Directors, effective January 1, 2021. Bell succeeds Bill Dismuke, who is retiring. With a 36-year career at Ernst and Young, Bell brings extensive experience in audit, risk advisory, and financial services. She is a Certified Public Accountant and has served in various leadership roles, demonstrating expertise in enterprise risk management, compliance, and financial systems. CEO Gary W. Rollins emphasized that Bell's diverse experience will be critical in shaping the company's future.
Rollins, Inc. (NYSE: ROL) reported a 4.9% increase in total revenue for Q3 2020, reaching $583.7 million compared to $556.5 million in Q3 2019. The company’s EPS was $0.24 with adjusted EPS at $0.26, showing improvement from $0.13 and $0.22 respectively in the prior year. Net income grew to $79.6 million from $44.1 million. Residential revenue increased 10.6%, offsetting commercial impacts. The company attributed profit gains to cost containment, routing enhancements, and lower fuel prices, though PPE expenses partially offset savings.
Rollins (NYSE: ROL) announced the retirement of long-serving board member Bill J. Dismuke, who contributed 36 years of leadership since 1984. Jerry W. Nix has been appointed to the board, bringing extensive financial expertise from his tenure as former CFO of Genuine Parts Company. Nix's appointment is expected to benefit Rollins with his diverse experience in finance and management. The company, a global leader in pest control services, operates under various brands, serving millions of customers across multiple continents.
Rollins, Inc. (NYSE:ROL) has announced a three-for-two stock split approved by its Board of Directors, effective December 10, 2020. Shareholders of record as of November 10, 2020, will receive one additional share for every two shares held, with cash paid for fractional shares. Additionally, the company declared a regular quarterly cash dividend of $0.08 per share and a special year-end dividend of $0.13 per share, both payable on December 10, 2020.
Orkin has published its annual Top 50 Rattiest Cities List, revealing Chicago as the top city for the sixth consecutive year. The list is based on rodent treatments conducted from September 1, 2019, to August 31, 2020. Baltimore joins the Top 10 at eighth place, while San Diego climbs to 19th. Increased rodent visibility has raised concerns, particularly due to pandemic-related changes in food availability. Rodents can cause significant structural damage and health risks, making prevention crucial as colder months approach. Homeowners are advised to take proactive measures to avoid infestations.