Archrock (AROC) Stock Forecast, Price & News

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 analysts have issued 1-year target prices for Archrock's shares. Their AROC share price forecasts range from $14.00 to $17.00. On average, they anticipate the company's share price to reach $16.00 in the next year. This suggests a possible upside of 30.6% from the stock's current price.
View analysts price targets for AROC or view top-rated stocks among Wall Street analysts.

Archrock's stock was trading at $8.98 at the start of the year. Since then, AROC shares have increased by 36.4% and is now trading at $12.25.
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Archrock saw a drop in short interest in the month of August. As of August 15th, there was short interest totaling 3,860,000 shares, a drop of 5.6% from the July 31st total of 4,090,000 shares. Based on an average daily volume of 861,500 shares, the days-to-cover ratio is presently 4.5 days. Approximately 2.8% of the shares of the company are short sold.
View Archrock's Short Interest.

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

Archrock, Inc. (NYSE:AROC) posted its quarterly earnings data on Monday, July, 31st. The energy company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.04. The energy company earned $247.54 million during the quarter, compared to analyst estimates of $241.78 million. Archrock had a trailing twelve-month return on equity of 8.21% and a net margin of 7.36%.

Archrock announced a quarterly dividend on Thursday, July 27th. Shareholders of record on Tuesday, August 8th will be given a dividend of $0.155 per share on Tuesday, August 15th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 5.06%. The ex-dividend date is Monday, August 7th. This is a boost from the stock's previous quarterly dividend of $0.15.
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 High Dividend Low Volatility ETF (XSHD), Invesco S&P SmallCap Energy ETF (PSCE), Invesco Oil & Gas Services ETF (PXJ), Pacer American Energy Independence ETF (USAI), Global X MLP & Energy Infrastructure ETF (MLPX), FT Energy Income Partners Strategy ETF (EIPX) and SPDR S&P Oil & Gas Equipment & Services ETF (XES).

Archrock (NYSE:AROC) pays an annual dividend of $0.62 per share and currently has a dividend yield of 5.08%. AROC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 144.19%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, AROC will have a dividend payout ratio of 78.48% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for AROC.

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), CA (CA), New Residential Investment (NRZ), AT&T (T) and AbbVie (ABBV).

Archrock trades on the New York Stock Exchange (NYSE) under the ticker symbol "AROC."

Archrock's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.57%), Earnest Partners LLC (7.81%), Dimensional Fund Advisors LP (6.64%), State Street Corp (3.62%), Sei Investments Co. (2.04%) and Geode Capital Management LLC (1.70%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AROC stock can currently be purchased for approximately $12.25.

Archrock (NYSE:AROC) has a market capitalization of $1.92 billion and generates $845.57 million in revenue each year. The energy company earns $44.30 million in net income (profit) each year or $0.43 on an earnings per share basis.

The company employs 1,100 workers across the globe.

Archrock's mailing address is 9807 KATY FREEWAY SUITE 100, HOUSTON TX, 77024. The official website for the company is www.archrock.com. The energy company can be reached via phone at (281) 836-8000, via email at investor.relations@archrock.com, or via fax at 281-854-3051.