ARC Document Solutions (ARC) Stock Forecast, Price & News

ARC Document Solutions' stock was trading at $2.93 at the beginning of 2023. Since then, ARC shares have increased by 9.6% and is now trading at $3.21.
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ARC Document Solutions saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 63,500 shares, a drop of 33.1% from the August 15th total of 94,900 shares. Based on an average daily trading volume, of 127,300 shares, the short-interest ratio is currently 0.5 days. Currently, 0.2% of the shares of the company are sold short.
View ARC Document Solutions' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our ARC earnings forecast.

ARC Document Solutions, Inc. (NYSE:ARC) released its quarterly earnings data on Wednesday, August, 2nd. The business services provider reported $0.09 earnings per share for the quarter, meeting the consensus estimate of $0.09. The business services provider earned $72.35 million during the quarter, compared to analysts' expectations of $74.10 million. ARC Document Solutions had a net margin of 4.17% and a trailing twelve-month return on equity of 8.01%.

ARC Document Solutions declared a quarterly dividend on Friday, July 28th. Stockholders of record on Tuesday, October 31st will be paid a dividend of $0.05 per share on Thursday, November 30th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 6.23%. The ex-dividend date of this dividend is Monday, October 30th.
Read our dividend analysis for ARC.

ARC Document Solutions (NYSE:ARC) pays an annual dividend of $0.20 per share and currently has a dividend yield of 6.23%. ARC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 74.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ARC will have a dividend payout ratio of 58.82% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ARC.

279 employees have rated ARC Document Solutions Chief Executive Officer Suri Suriyakumar on Glassdoor.com. Suri Suriyakumar has an approval rating of 75% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other ARC Document Solutions investors own include Advanced Micro Devices (AMD), Activision Blizzard (ATVI), Ford Motor (F), Weyerhaeuser (WY), Boeing (BA), Caterpillar (CAT), Freeport-McMoRan (FCX), Vivint Solar (VSLR), Alibaba Group (BABA) and Cisco Systems (CSCO).

ARC Document Solutions trades on the New York Stock Exchange (NYSE) under the ticker symbol "ARC."

ARC Document Solutions' stock is owned by many different retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (6.43%), BlackRock Inc. (3.24%), Acadian Asset Management LLC (3.08%), Dimensional Fund Advisors LP (2.69%), North Star Investment Management Corp. (2.48%) and LSV Asset Management (1.96%). Insiders that own company stock include Bradford L Brooks, Kumarakulasingam Suriyakumar, Mark W Mealy and Rahul K Roy.
View institutional ownership trends.

Shares of ARC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ARC stock can currently be purchased for approximately $3.21.

ARC Document Solutions (NYSE:ARC) has a market capitalization of $138.77 million and generates $286.01 million in revenue each year. The business services provider earns $11.09 million in net income (profit) each year or $0.27 on an earnings per share basis.

The company employs 1,800 workers across the globe.

ARC Document Solutions' mailing address is 12657 ALCOSTA BLVD SUITE 200, SAN RAMON CA, 94583. The official website for the company is www.e-arc.com. The business services provider can be reached via phone at (925) 949-5100, via email at david.stickney@e-arc.com, or via fax at 925-949-5101.