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

ARC Document Solutions' stock was trading at $2.93 at the beginning of the year. Since then, ARC stock has decreased by 3.1% and is now trading at $2.84.
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ARC Document Solutions saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 96,200 shares, a decline of 7.9% from the April 30th total of 104,400 shares. Based on an average trading volume of 183,200 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.3% of the company's shares are sold short.
View ARC Document Solutions' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our ARC earnings forecast.

ARC Document Solutions, Inc. (NYSE:ARC) issued its earnings results on Wednesday, May, 3rd. The business services provider reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.06 by $0.01. The business services provider earned $68.92 million during the quarter, compared to analyst estimates of $69.90 million. ARC Document Solutions had a trailing twelve-month return on equity of 7.82% and a net margin of 3.88%. During the same period in the prior year, the company posted $0.05 earnings per share.

ARC Document Solutions declared a quarterly dividend on Thursday, April 27th. Investors of record on Monday, July 31st will be paid a dividend of $0.05 per share on Thursday, August 31st. This represents a $0.20 annualized dividend and a yield of 7.04%. The ex-dividend date of this dividend is Friday, July 28th.
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 6.78%. ARC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 76.93%. Payout ratios above 75% are not desirable because they may not be sustainable. 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 a number of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (6.66%), BlackRock Inc. (3.20%), Acadian Asset Management LLC (3.14%), Dimensional Fund Advisors LP (2.40%), LSV Asset Management (2.02%) and Victory Capital Management Inc. (1.41%). 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 $2.84.

ARC Document Solutions (NYSE:ARC) has a market capitalization of $123.94 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 $0.26 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.