Back to top

Analyst Blog

Consumer and commercial services company Rollins, Inc. (ROL - Snapshot Report) recently announced that it has repurchased 172,589 shares in the second quarter of 2013. The shares, which have a face value of $1, are bought from the open market at a weighted average price of $24.41 each. Share prices of Rollins closed firmly up 3.51% at $26.81 on Jul 1, 2013.

Rollins has actively pursued a share buyback program over the years. However, this share repurchase is the first such program since the Board of Directors approved 5.0 million additional stock purchases in Jul 2012. The recent share repurchase brings the total outstanding share count to 5,125, 594.   

Apart from share repurchases, Rollins also returns significant cash to shareholders by paying regular quarterly dividends. During the first quarter, ended Mar 31, 2013, the company paid $13.1 million or 9 cents per share in cash dividends. Moreover, the company has made steady dividend hikes since 2000. Additionally, Rollins declared a special dividend of 12 cents per share at fiscal year end 2012.

Rollins operates through its wholly-owned subsidiaries such as Orkin Canada, HomeTeam Pest Defense, Western Pest Services and The Industrial Fumigant Company, to provide pest control services across the country.

Rollins currently carries a Zacks Rank #2 (Buy). Other well-positioned stocks in the Business Services sector worth considering include ABM Industries Incorporated (ABM - Analyst Report), GreenDot Corporation (GDOT - Snapshot Report) and TeleTech Holdings Inc. (TTEC - Snapshot Report). While ABM Industries holds a Zacks Rank #1 (Buy), both Green Dot and TeleTech carry a Zacks Rank #2 (Buy).

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
SUPER MICRO… SMCI 27.00 +10.25%
CANADIAN SO… CSIQ 38.34 +8.18%
CENTURY ALU… CENX 26.97 +7.97%
WILLDAN GRO… WLDN 11.38 +5.86%
AROTECH COR… ARTX 3.78 +5.59%