Range Resources Co. (NYSE:RRC – Free Report) – Stock analysts at Zacks Research upped their Q2 2025 earnings estimates for Range Resources in a research note issued on Monday, April 14th. Zacks Research analyst R. Department now expects that the oil and gas exploration company will post earnings per share of $0.67 for the quarter, up from their prior forecast of $0.55. The consensus estimate for Range Resources’ current full-year earnings is $2.02 per share. Zacks Research also issued estimates for Range Resources’ Q3 2025 earnings at $0.62 EPS.
Several other research firms have also recently weighed in on RRC. Roth Mkm upgraded shares of Range Resources from a “neutral” rating to a “buy” rating and upped their price target for the company from $41.00 to $42.00 in a report on Tuesday, April 8th. Williams Trading set a $40.00 price target on Range Resources in a research note on Wednesday, March 5th. Raymond James increased their price objective on Range Resources from $46.00 to $55.00 and gave the stock an “outperform” rating in a report on Monday, March 31st. UBS Group cut their target price on Range Resources from $41.00 to $36.00 and set a “neutral” rating on the stock in a research note on Monday, April 7th. Finally, Barclays set a $43.00 price objective on shares of Range Resources and gave the company an “equal weight” rating in a report on Thursday, February 27th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $41.43.
Range Resources Price Performance
Shares of RRC opened at $33.37 on Wednesday. The stock has a 50 day simple moving average of $37.51 and a 200 day simple moving average of $35.63. Range Resources has a 52-week low of $27.29 and a 52-week high of $41.95. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.54 and a current ratio of 0.54. The firm has a market capitalization of $8.05 billion, a PE ratio of 16.86, a P/E/G ratio of 5.11 and a beta of 1.73.
Range Resources (NYSE:RRC – Get Free Report) last posted its earnings results on Tuesday, February 25th. The oil and gas exploration company reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.13. Range Resources had a return on equity of 13.69% and a net margin of 17.63%. The firm had revenue of $626.42 million for the quarter, compared to analyst estimates of $676.53 million. During the same period in the previous year, the company posted $0.63 earnings per share.
Range Resources Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were paid a $0.09 dividend. The ex-dividend date was Friday, March 14th. This represents a $0.36 dividend on an annualized basis and a yield of 1.08%. This is a positive change from Range Resources’s previous quarterly dividend of $0.08. Range Resources’s dividend payout ratio is 32.73%.
Institutional Investors Weigh In On Range Resources
A number of institutional investors have recently made changes to their positions in the company. Quantinno Capital Management LP bought a new position in Range Resources during the third quarter worth about $234,000. Barclays PLC grew its position in Range Resources by 180.8% during the third quarter. Barclays PLC now owns 222,017 shares of the oil and gas exploration company’s stock worth $6,830,000 after buying an additional 142,938 shares in the last quarter. M&T Bank Corp raised its holdings in Range Resources by 3.1% in the 3rd quarter. M&T Bank Corp now owns 10,790 shares of the oil and gas exploration company’s stock valued at $332,000 after acquiring an additional 327 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of Range Resources by 0.9% during the 3rd quarter. Geode Capital Management LLC now owns 4,003,299 shares of the oil and gas exploration company’s stock worth $123,174,000 after purchasing an additional 35,344 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new position in shares of Range Resources in the third quarter worth $205,000. Institutional investors own 98.93% of the company’s stock.
Range Resources Company Profile
Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), crude oil, and condensate company in the United States. The company engages in the exploration, development, and acquisition of natural gas and crude oil properties located in the Appalachian region. It sells natural gas to utilities, marketing and midstream companies, and industrial users; NGLs to petrochemical end users, marketers/traders, and natural gas processors; and oil and condensate to crude oil processors, transporters, and refining and marketing companies.
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