Archrock (AROC) Stock Price, News & Analysis

3 Wall Street 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 analysts is that investors should "buy" AROC shares.
View AROC analyst ratings or view top-rated stocks.

3 equities research analysts have issued 1-year price targets for Archrock's stock. Their AROC share price targets range from $15.00 to $21.00. On average, they anticipate the company's stock price to reach $17.67 in the next twelve months. 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 beginning of 2024. Since then, AROC stock has increased by 23.8% and is now trading at $19.0650.
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Archrock saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 4,590,000 shares, a drop of 14.5% from the March 15th total of 5,370,000 shares. Based on an average daily trading volume, of 1,340,000 shares, the days-to-cover ratio is currently 3.4 days. Currently, 3.4% of the company's stock are sold short.
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) issued its quarterly earnings results on Wednesday, February, 21st. The energy company reported $0.21 EPS for the quarter, hitting the consensus estimate of $0.21. The energy company earned $259.60 million during the quarter, compared to analyst estimates of $252.42 million. Archrock had a net margin of 10.60% and a trailing twelve-month return on equity of 12.63%. The company's revenue for the quarter was up 18.6% on a year-over-year basis. During the same period last year, the company earned $0.07 EPS.

Archrock declared a quarterly dividend on Thursday, January 25th. Stockholders 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 3.46%. The ex-dividend date of this dividend 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 3.32%. 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 many different 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.
View institutional ownership trends.

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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