Archrock (AROC) Stock Price, News & Analysis

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Archrock in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" AROC shares.
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3 brokerages have issued 12 month 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 year. This suggests that the stock has a possible downside of 7.3%.
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 23.8% and is now trading at $19.0650.
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Archrock saw a decrease in short interest in March. As of March 31st, there was short interest totaling 4,590,000 shares, a decrease of 14.5% from the March 15th total of 5,370,000 shares. Based on an average trading volume of 1,340,000 shares, the short-interest ratio is presently 3.4 days. Currently, 3.4% of the company's shares are short sold.
View Archrock's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our AROC earnings forecast.

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

Archrock declared a quarterly dividend on Thursday, January 25th. Investors 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 dividend yield of 3.46%. The ex-dividend date is Monday, February 5th. This is an increase 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), iShares U.S. Oil Equipment & Services ETF (IEZ), Global X MLP & Energy Infrastructure ETF (MLPX) and Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD).

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 number of retail and institutional investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.07%), Hennion & Walsh Asset Management Inc. (0.03%), Counterpoint Mutual Funds LLC (0.02%) and Southland Equity Partners LLC (0.01%). 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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