Archrock (AROC) Stock Price, News & Analysis

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Archrock in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" AROC shares.
View AROC analyst ratings or view top-rated stocks.

3 brokerages have issued 1 year price objectives for Archrock's stock. Their AROC share price targets range from $15.00 to $21.00. On average, they predict the company's share price to reach $17.67 in the next twelve months. This suggests that the stock has a possible downside of 11.1%.
View analysts price targets for AROC or view top-rated stocks among Wall Street analysts.

Archrock's stock was trading at $15.40 at the start of the year. Since then, AROC shares have increased by 29.0% and is now trading at $19.87.
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Archrock saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 5,310,000 shares, an increase of 15.7% from the March 31st total of 4,590,000 shares. Based on an average daily volume of 1,340,000 shares, the days-to-cover ratio is currently 4.0 days. Currently, 4.0% of the shares of the stock are short sold.
View Archrock's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our AROC earnings forecast.

Archrock will be holding an earnings conference call on Wednesday, May 1st at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link.

Archrock, Inc. (NYSE:AROC) posted its earnings results on Wednesday, February, 21st. The energy company reported $0.21 earnings per share for the quarter, meeting the consensus estimate of $0.21. The energy company had revenue of $259.60 million for the quarter, compared to the consensus estimate of $252.42 million. Archrock had a net margin of 10.60% and a trailing twelve-month return on equity of 12.63%. Archrock's quarterly revenue was up 18.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.07 EPS.

Archrock announced a quarterly dividend on Thursday, January 25th. Shareholders of record on Tuesday, February 6th will be paid a dividend of $0.165 per share on Tuesday, February 13th. This represents a $0.66 dividend on an annualized basis and a yield of 3.32%. The ex-dividend date is Monday, February 5th. This is a positive change from the stock's previous quarterly dividend of $0.16.
Read our dividend analysis for AROC.

Archrock (NYSE:AROC) pays an annual dividend of $0.66 per share and currently has a dividend yield of 3.40%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 98.51%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, AROC will have a dividend payout ratio of 56.90% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AROC.

ETFs with the largest weight of Archrock (NYSE:AROC) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), Invesco S&P SmallCap Energy ETF (PSCE), SPDR S&P Oil & Gas Equipment & Services ETF (XES), Invesco Oil & Gas Services ETF (PXJ), Pacer American Energy Independence ETF (USAI), Invesco Dorsey Wright Energy Momentum ETF (PXI), Counterpoint Quantitative Equity ETF (CPAI) and iShares U.S. Oil Equipment & Services ETF (IEZ).

Based on aggregate information from My MarketBeat watchlists, some companies that other Archrock investors own include Hawkins (HWKN), Energy Transfer (ET), Enterprise Products Partners (EPD), Reata Pharmaceuticals (RETA), Kinder Morgan (KMI), Xtrackers California Municipal Bond ETF (CA), New Residential Investment (NRZ), AT&T (T) and AbbVie (ABBV).

Archrock's stock is owned by a variety of institutional and retail investors. Top institutional investors include Fifth Third Bancorp (0.12%), Los Angeles Capital Management LLC (0.07%), State of Alaska Department of Revenue (0.05%), Louisiana State Employees Retirement System (0.04%), Hennion & Walsh Asset Management Inc. (0.03%) and Counterpoint Mutual Funds LLC (0.02%). Insiders that own company stock include Adam M Kriger, Donna A Henderson, Eric W Thode, Jdh Capital Holdings, LP and Ocean Reserves Lp Old.
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Shares of AROC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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