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Rollins, Inc. - ROL STOCK NEWS

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Rollins, Inc. (NYSE: ROL) is a premier global consumer and commercial services company renowned for its essential pest control services. With a robust portfolio of subsidiaries such as Orkin, HomeTeam Pest Defense, Western Pest Services, and The Industrial Fumigant Company, Rollins provides protection against termite damage, rodents, and insects. These services reach over 2.8 million customers across North America, South America, Europe, Asia, Africa, and Australia, operating from more than 800 locations and employing over 19,000 people.

Core Business: Rollins' core business revolves around pest control and termite prevention services. The company's flagship brand, Orkin, is a market leader in the U.S. and Canada, offering comprehensive pest management solutions for residential and commercial clients. Rollins also owns subsidiaries like Clark Pest Control and Critter Control, enhancing its service offering and geographic reach.

Recent Achievements: Rollins reported strong financial results for the fourth quarter and full year of 2023, achieving record revenue and healthy margins. The company continues to focus on organic growth and strategic acquisitions, with a robust pipeline of potential deals. Recent acquisitions include Fox Pest Control, which has been seamlessly integrated into Rollins' operations.

Current Projects: Rollins is actively enhancing its service offerings through modernization and continuous improvement initiatives. The company is committed to leveraging technology to improve service delivery and customer satisfaction. Orkin recently launched the

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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.
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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.
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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.
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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.
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Rollins, Inc. to release Q3 financial results on October 25, 2023.
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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.
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Rollins, Inc. announces CFO's presentation at Morgan Stanley conference
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Rollins, Inc. announces secondary public offering of 38,724,100 shares of common stock by existing stockholder at $35.00 per share. Underwriters have option to purchase additional shares. Rollins to repurchase 8,724,100 shares for $300 million. Completion of repurchase and offering are interdependent. Goldman Sachs and Morgan Stanley are joint book-running managers.
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Rollins, Inc. announces proposed secondary public offering of $1.35 billion of common stock by existing stockholder. Underwriters have option to purchase additional $202.5 million of shares. Company plans to repurchase $300 million of shares at same price. Offering is subject to market conditions.
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Rollins, Inc. announces plans to present and attend investor conferences.
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FAQ

What is the current stock price of Rollins (ROL)?

The current stock price of Rollins (ROL) is $48.62 as of January 23, 2025.

What is the market cap of Rollins (ROL)?

The market cap of Rollins (ROL) is approximately 23.4B.
Rollins, Inc.

NYSE:ROL

ROL Rankings

ROL Stock Data

23.40B
278.26M
42.55%
53.77%
1.37%
Personal Services
Services-to Dwellings & Other Buildings
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United States of America
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