Archrock (AROC) Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Archrock in the last year. There are currently 2 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.

2 brokerages have issued 1 year price objectives for Archrock's shares. Their AROC share price forecasts range from $13.00 to $15.00. On average, they expect the company's share price to reach $14.00 in the next twelve months. This suggests a possible upside of 54.2% 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 beginning of 2023. Since then, AROC shares have increased by 1.1% and is now trading at $9.08.
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Archrock saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 4,460,000 shares, an increase of 7.0% from the April 30th total of 4,170,000 shares. Based on an average daily volume of 1,030,000 shares, the days-to-cover ratio is presently 4.3 days. Currently, 3.2% of the shares of the company are sold short.
View Archrock's Short Interest.

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

Archrock, Inc. (NYSE:AROC) released its quarterly earnings data on Tuesday, May, 2nd. The energy company reported $0.10 EPS for the quarter, hitting the consensus estimate of $0.10. The energy company earned $229.83 million during the quarter, compared to analyst estimates of $226.50 million. Archrock had a net margin of 6.73% and a trailing twelve-month return on equity of 6.83%.

Archrock announced a quarterly dividend on Friday, April 28th. Shareholders of record on Tuesday, May 9th will be paid a dividend of $0.15 per share on Tuesday, May 16th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.61%. The ex-dividend date is Monday, May 8th.
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 Dynamic Oil & Gas Services ETF (PXJ), Invesco S&P SmallCap Energy ETF (PSCE), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), Pacer American Energy Independence ETF (USAI), SPDR S&P Oil & Gas Equipment & Services ETF (XES), Global X MLP & Energy Infrastructure ETF (MLPX) and iShares U.S. Oil Equipment & Services ETF (IEZ).

Archrock (NYSE:AROC) pays an annual dividend of $0.60 per share and currently has a dividend yield of 6.43%. 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 157.90%. 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 81.08% 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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (15.23%), Dimensional Fund Advisors LP (6.39%), Bank of America Corp DE (4.65%), State Street Corp (3.75%), Sei Investments Co. (1.96%) and Geode Capital Management LLC (1.62%). Insiders that own company stock include Adam M Kriger, Donna A Henderson, Eric W Thode, Jdh Capital Holdings, LP and Ocean Reserves Lp Old.
View institutional ownership trends.

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 $9.08.

Archrock (NYSE:AROC) has a market capitalization of $1.42 billion and generates $845.57 million in revenue each year. The energy company earns $44.30 million in net income (profit) each year or $0.38 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.