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.
Rollins, Inc. (NYSE: ROL), a global leader in pest control and termite protection services, provides essential updates through this dedicated news hub. Track the latest press releases, earnings reports, and strategic developments from the company behind brands like Orkin and HomeTeam Pest Defense.
This resource offers investors and stakeholders timely access to ROL's financial performance, operational milestones, and innovations in integrated pest management. Key updates include quarterly earnings disclosures, mergers & acquisitions, leadership changes, and advancements in eco-friendly service methodologies.
Discover official announcements covering ROL's route-based service expansions, franchise network developments, and commercial partnerships. The curated collection ensures transparency about the company's market position within the $20B+ pest control industry while maintaining compliance with financial disclosure standards.
Bookmark this page for streamlined access to Rollins' verified corporate communications. Combine these updates with fundamental analysis tools on Stock Titan to monitor ROL's performance in residential/commercial services across North America and international markets.
According to Orkin's latest report, Miami has taken the top spot on the Top 50 Termite Cities List, surpassing Los Angeles. The ranking is based on termite treatment data from February 1, 2022, to January 31, 2023. Following Miami and Los Angeles, Tampa, Washington, D.C., and Raleigh round out the top five cities. Notably, termites cause over $5 billion in property damage annually in the U.S., often not covered by insurance. The press release highlights the importance of inspecting homes for termites, especially during the homebuying season, to prevent costly damage.
Rollins, Inc. (NYSE:ROL) has announced a new $1.0 billion senior unsecured revolving credit facility, replacing its previous facility due to mature in April 2024. This five-year agreement matures in February 2028 and allows for sustainability-linked targets, enhancing financial flexibility. CFO Kenneth Krause emphasized its role in modernizing capital structure and supporting growth strategies. The facility aims to strengthen cash flow and supports the company's Environmental, Social, and Governance (ESG) initiatives, which the company believes will deliver long-term stakeholder value.
Rollins, Inc. (NYSE:ROL) reported robust financial results for Q4 and the full year ended December 31, 2022. Q4 revenues reached $661.4 million, a 10.2% increase year-over-year, with organic revenue growth of 6.9%. Operating income surged 28.5% to $119.9 million, leading to an operating margin of 18.1%.
Net income rose 26.1% to $84.3 million, translating to EPS of $0.17. For the full year, revenues totaled $2,695.8 million, an 11.2% increase, while operating income grew 10.2%. The company continues to focus on strong cash flow generation and strategic growth through acquisitions.
Rollins, Inc. (NYSE: ROL) has declared a quarterly cash dividend of $0.13 per share, payable on March 10, 2023. This dividend reflects a significant increase of 30% compared to the same quarter last year. Shareholders must be on record by the close of business on February 10, 2023. Rollins operates a variety of pest control brands, serving over 2.8 million customers globally across 800 locations. The increase in dividend showcases the company's commitment to returning value to its investors while maintaining its status as a leader in consumer and commercial pest control services.
Rollins, Inc. (NYSE: ROL) will release its unaudited fourth quarter and full year financial results for the year ended December 31, 2022, after market close on February 15, 2023. A conference call to discuss these results will occur on February 16, 2023, at 8:30 a.m. Eastern Time. This scheduling change aligns with the company's new governance calendar. Participants can join the call at 1-877-869-3839 domestically or 1-201-689-8265 internationally, with a conference ID of 13735127. A replay will be available on their website for 180 days.
Rollins, Inc. (NYSE: ROL) announced that Kenneth Krause and Julie Bimmerman will present at key investor conferences in November 2022. These include the Baird 2022 Global Industrial Conference on November 9 and the Credit Suisse 10th Annual Global Industrials Conference on November 30. Live webcasts of the presentations will be available, with replays accessible for 90 days afterward. Additionally, they will participate in the J.P. Morgan Ultimate Services Investor Conference on November 17. Rollins provides pest control services globally, serving over 2.8 million customers.
Rollins, Inc. (ROL) reported robust third-quarter results, with revenues of $729.7 million, reflecting a 12.2% increase from Q3 2021. Organic revenue grew 8.6% to $706.0 million. Operating income rose 13.3% to $143.7 million, while quarterly net income increased 14.7% to $107.6 million, translating to an EPS of $0.22. Strong cash flow generation reached $127.7 million, up 60.2% year-over-year, with a 30% increase in quarterly dividends to $49.2 million. The company remains optimistic for Q4 2022 and emphasizes growth through acquisitions.
On October 25, 2022, Rollins, Inc. (NYSE: ROL) announced a 30% increase in its regular quarterly cash dividend, now set at $0.13 per share. The dividend is payable on December 9, 2022, to stockholders of record by the close of business on November 10, 2022. This increase reflects the company's commitment to returning capital to shareholders and confidence in its future growth.
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