Archrock (AROC) Stock Price, News & Analysis

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

3 brokers have issued 1 year price targets for Archrock's shares. Their AROC share price targets range from $15.00 to $21.00. On average, they anticipate the company's share price to reach $17.67 in the next twelve months. This suggests that the stock has a possible downside of 12.5%.
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 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 daily trading volume, of 1,340,000 shares, the short-interest ratio is currently 4.0 days. Currently, 4.0% of the company's shares are sold short.
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) released its quarterly earnings data on Wednesday, February, 21st. The energy company reported $0.21 earnings per share (EPS) 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%. The firm's revenue was up 18.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.07 earnings per share.

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 annualized dividend and a dividend yield of 3.27%. 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 3.33%. 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 number of institutional and retail investors. Top institutional shareholders 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%), Yousif Capital Management LLC (0.04%) and Hennion & Walsh Asset Management Inc. (0.03%). 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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