Archrock - AROC Stock Forecast, Price & News

Archrock's stock was trading at $7.48 at the beginning of the year. Since then, AROC stock has increased by 12.3% and is now trading at $8.40.
View the best growth stocks for 2022 here.

Archrock saw a drop in short interest during the month of October. As of October 31st, there was short interest totaling 5,050,000 shares, a drop of 9.5% from the October 15th total of 5,580,000 shares. Based on an average daily trading volume, of 845,300 shares, the short-interest ratio is presently 6.0 days. Approximately 3.7% of the company's stock are sold short.
View Archrock's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 28th 2023.
View our AROC earnings forecast.

Archrock, Inc. (NYSE:AROC) issued its quarterly earnings results on Monday, November, 1st. The energy company reported $0.06 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.07 by $0.01. The energy company earned $195.17 million during the quarter. Archrock had a net margin of 4.85% and a trailing twelve-month return on equity of 5.44%. During the same period in the previous year, the company posted $0.14 earnings per share.

Archrock declared a quarterly dividend on Thursday, October 27th. Investors of record on Tuesday, November 8th will be given a dividend of $0.145 per share on Tuesday, November 15th. This represents a $0.58 annualized dividend and a yield of 6.90%. The ex-dividend date of this dividend is Monday, November 7th.
Read our dividend analysis for AROC.

Archrock (NYSE:AROC) pays an annual dividend of $0.58 per share and currently has a dividend yield of 6.82%. AROC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 223.08%. Payout ratios above 75% are not desirable because they may not be sustainable.
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 number of retail and institutional investors. Top institutional investors include BlackRock Inc. (15.52%), Vanguard Group Inc. (11.08%), Dimensional Fund Advisors LP (6.25%), State Street Corp (3.71%), Energy Income Partners LLC (1.34%) and Victory Capital Management Inc. (1.27%). Insiders that own company stock include Adam M Kriger, D Bradley Childers, Donna A Henderson, Doug S Aron, Eric W Thode, Gordon T Hall, Jason Ingersoll, 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 $8.40.

Archrock (NYSE:AROC) has a market capitalization of $1.31 billion and generates $781.46 million in revenue each year. The energy company earns $28.22 million in net income (profit) each year or $0.26 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.