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.
View AROC analyst ratings or view top-rated stocks.

3 Wall Street analysts have issued 1 year target prices for Archrock's shares. Their AROC share price targets range from $15.00 to $23.00. On average, they anticipate the company's share price to reach $19.67 in the next twelve months. This suggests that the stock has a possible downside of 2.6%.
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 stock has increased by 31.2% and is now trading at $20.20.
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Archrock saw a increase in short interest in 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 trading volume of 1,340,000 shares, the short-interest ratio is currently 4.0 days. Approximately 4.0% 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 Monday, July 29th 2024.
View our AROC earnings forecast.

Archrock, Inc. (NYSE:AROC) posted its quarterly earnings data on Wednesday, May, 1st. The energy company reported $0.26 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.22 by $0.04. The energy company had revenue of $268.49 million for the quarter, compared to analysts' expectations of $260.51 million. Archrock had a net margin of 12.54% and a trailing twelve-month return on equity of 15.39%. The company's revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.10 earnings per share.

Archrock declared a quarterly dividend on Friday, April 26th. Stockholders of record on Tuesday, May 7th will be paid a dividend of $0.165 per share on Tuesday, May 14th. This represents a $0.66 annualized dividend and a dividend yield of 3.27%. The ex-dividend date is Monday, May 6th.
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 3.38%. 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 79.52%. 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 many different retail and institutional investors. Top institutional investors include Mirae Asset Global Investments Co. Ltd. (0.81%), Principal Financial Group Inc. (0.46%), Chase Investment Counsel Corp (0.12%), Fifth Third Bancorp (0.12%), Los Angeles Capital Management LLC (0.07%) and State of Alaska Department of Revenue (0.05%). 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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