Rollins(US:ROL) ZACKSยท2024-09-27 18:16Core Viewpoint - Rollins, Inc. (ROL) has shown strong stock performance with a 33% appreciation over the past year and is expected to maintain this momentum, making it a compelling addition to investment portfolios [1]. Group 1: Stock Performance and Rankings - Rollins currently holds a Zacks Rank of 2 (Buy), indicating attractive investment opportunities, especially for stocks with a Zacks Rank of 1 (Strong Buy) or 2 [2]. - The company has a positive earnings surprise history, having outpaced consensus estimates in one of the last four quarters and matched them three times, with an average earnings beat of 4.2% [3]. Group 2: Growth Prospects - The Zacks Consensus Estimate for Rollins' 2024 earnings is projected at $1, reflecting an 11.1% year-over-year growth, with an overall expected earnings growth of 10% in 2024 [3]. - Rollins has enhanced its operating platform to boost cross-selling opportunities and cost efficiency, which has improved customer service delivery [4]. Group 3: Revenue Growth - The demand environment for Rollins is strong across all business lines, with revenues increasing by 8.7% year-over-year in Q1 2024. The residential, commercial, and termite business lines experienced growth rates of 6.3%, 9.9%, and 11.8%, respectively [5]. Group 4: Dividend Payments - Rollins has consistently paid dividends, demonstrating its commitment to shareholders and business confidence, with dividends of $264.3 million, $211.6 million, and $208.7 million paid in 2023, 2022, and 2021, respectively [6].