Archrock - AROC Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Archrock in the last twelve months. 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 12-month price objectives for Archrock's stock. Their AROC share price forecasts range from $13.00 to $15.00. On average, they expect the company's stock price to reach $14.00 in the next year. This suggests a possible upside of 52.5% 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 on January 1st, 2023. Since then, AROC shares have increased by 2.2% and is now trading at $9.18.
View the best growth stocks for 2023 here.

Archrock saw a decline in short interest during the month of February. As of February 28th, there was short interest totaling 4,850,000 shares, a decline of 10.5% from the February 13th total of 5,420,000 shares. Based on an average daily trading volume, of 983,400 shares, the short-interest ratio is presently 4.9 days. Currently, 3.6% of the shares of the stock are sold short.
View Archrock's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, May 8th 2023.
View our AROC earnings forecast.

Archrock, Inc. (NYSE:AROC) released its earnings results on Wednesday, February, 22nd. The energy company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.06 by $0.01. The energy company had revenue of $218.87 million for the quarter, compared to the consensus estimate of $213.27 million. Archrock had a net margin of 5.24% and a trailing twelve-month return on equity of 5.10%. During the same period last year, the company earned $0.09 earnings per share.

Archrock declared a quarterly dividend on Thursday, January 26th. Shareholders of record on Tuesday, February 7th will be given a dividend of $0.15 per share on Tuesday, February 14th. This represents a $0.60 annualized dividend and a yield of 6.54%. The ex-dividend date of this dividend is Monday, February 6th. This is an increase 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 Invesco S&P SmallCap Energy ETF (PSCE), Invesco Dynamic Oil & Gas Services ETF (PXJ), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), Pacer American Energy Independence ETF (USAI), FT Energy Income Partners Strategy ETF (EIPX), 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 6.13%. 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 206.90%. 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 78.95% 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 retail and institutional investors. Top institutional investors include Earnest Partners LLC (9.15%), Dimensional Fund Advisors LP (6.04%), Bank of America Corp DE (4.56%), Sei Investments Co. (1.84%), Geode Capital Management LLC (1.58%) and Energy Income Partners LLC (1.37%). 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 $9.18.

Archrock (NYSE:AROC) has a market capitalization of $1.44 billion and generates $845.57 million in revenue each year. The energy company earns $44.30 million in net income (profit) each year or $0.29 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.