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.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Rollins's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Rollins's position in the market.
Rhea-AI Summary
Rollins, Inc. (NYSE: ROL) has declared a regular quarterly cash dividend of $0.15 per share, representing a 15% increase from the same quarter a year ago. The dividend is payable on March 11, 2024, to shareholders of record on February 21, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.32%
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Rhea-AI Summary
The Windy City tops Orkin's Top 50 Bed Bug Cities List for the fourth year in a row. Chicago, New York, and Philadelphia are the top three cities with the most bed bugs. Greensboro, N.C. saw the largest jump this year, moving up twenty-five spots into the Top Twenty. The list is based on treatment data from Dec. 1, 2022 – Nov. 30, 2023. Bed bugs are nocturnal insects that come out of hiding to take blood meals from sleeping humans. Orkin recommends proactive tips for homeowners and travelers to prevent bed bugs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.11%
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Rhea-AI Summary
Rollins, Inc. (NYSE: ROL) will release its Q4 and full year financial results on February 14, 2024, followed by a conference call on February 15, 2024, to review the financial and operating results. The call will be available for replay on the company's website for 180 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.94%
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Rhea-AI Summary
Rollins, Inc. (NYSE: ROL) announced that their EVP and CFO, Kenneth Krause, will present at the Baird 2023 Global Industrial Conference on November 9th, 2023. The presentation will be webcast live and a replay will be available for 180 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.26%
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Rhea-AI Summary
Rollins, Inc. reports 15% revenue growth in Q3 2023, driving an 18% improvement in GAAP EPS and 27% improvement in Adjusted EPS. Quarterly operating income increases by 21.8% and operating margin increases by 120 basis points. Adjusted operating income and margin increase by 29.0% and 240 basis points respectively. Quarterly net income increases by 17.3% and adjusted net income increases by 24.4%. Quarterly EPS increases by 18.2% and adjusted EPS increases by 27.3%. Adjusted EBITDA increases by 22.7% and adjusted EBITDA margin increases by 150 basis points. Operating cash flow for the quarter is $127 million. The Company invests $21 million in acquisitions, $7 million in capital expenditures, pays dividends totaling $64 million, and repurchases $300 million of its stock during the quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.02%
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Rhea-AI Summary
Rollins, Inc. (NYSE:ROL) announced a 15% increase in its quarterly cash dividend to $0.15 per share payable on December 11, 2023. The dividend increase reflects the company's commitment to return capital to shareholders and its confidence in the future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.99%
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Rhea-AI Summary
Chicago remains the top city on Orkin's Top 50 Rattiest Cities List for the ninth consecutive year. Los Angeles moves up to the #2 spot, while New York drops to third place.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.36%
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Rhea-AI Summary
Rollins, Inc. to release Q3 financial results on October 25, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.54%
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Rhea-AI Summary
Spruce Point Capital Management finds that changing industry dynamics are causing increased pressures for Rollins Inc. (NYSE: ROL). The company's acquisition strategy and private equity backing are causing growth challenges. Rollins recently settled improper earnings management charges with the SEC. The company faces long-term pressures from declining insect populations. Rollins' valuation is among the highest in the residential and commercial services sector, with 30% to 40% long-term downside risk to its share price.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.85%
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Rhea-AI Summary
Rollins, Inc. (NYSE: ROL) announced the closing of a secondary public offering of 44,509,814 shares of its common stock at $35.00 per share. The company did not sell any shares and did not receive any proceeds from the offering. The Selling Stockholder entered into a lock-up agreement for 365 days. The company repurchased 8,724,100 shares for approximately $300 million at the same per share price paid by the underwriters. Goldman Sachs & Co. LLC and Morgan Stanley acted as joint book-running managers for the offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.25%
Tags
Rollins, Inc.
NYSE:ROL
ROL Rankings
ROL Stock Data
22.84B
292.70M
42.54%
53.37%
1.96%
Exterminating and Pest Control Services
Administrative and Support and Waste Management and Remediation Services
United States of America
ATLANTA
About ROL
rollins, inc. is a premier north american consumer and commercial services company. through its wholly owned subsidiaries, orkin, inc., pco services, hometeam pest defense, western pest services, the industrial fumigant company and crane pest control, the company provides essential pest control services and protection against termite damage, rodents and insects to over 2 million customers in the united states, canada, mexico, central america, the caribbean, the middle east and asia from over 500 locations. you can learn more about our subsidiaries by visiting our web sites at www.orkin.com, www.pestdefense.com, www.westernpest.com, www.indfumco.com, and www.rollins.com. you can also find this and other news releases at www.rollins.com by accessing the news releases button.