Zacks Research Forecasts Higher Earnings for Range Resources

Range Resources Co. (NYSE:RRC - Free Report) - Investment analysts at Zacks Research lifted their Q2 2025 earnings per share estimates for shares of Range Resources in a note issued to investors on Monday, June 2nd. Zacks Research analyst R. Department now anticipates that the oil and gas exploration company will post earnings of $0.59 per share for the quarter, up from their prior estimate 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 $0.63 EPS, Q4 2025 earnings at $0.85 EPS, FY2025 earnings at $2.99 EPS, Q1 2026 earnings at $0.87 EPS, Q4 2026 earnings at $0.80 EPS and FY2026 earnings at $3.40 EPS.

A number of other research firms have also weighed in on RRC. JPMorgan Chase & Co. upgraded Range Resources from an "underweight" rating to a "neutral" rating and lifted their price objective for the company from $43.00 to $45.00 in a research note on Thursday, March 13th. Roth Capital upgraded Range Resources from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 8th. Stephens reiterated an "overweight" rating and set a $49.00 price objective on shares of Range Resources in a research note on Wednesday, April 23rd. Barclays reduced their price objective on Range Resources from $43.00 to $39.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 23rd. Finally, Bank of America lifted their price objective on Range Resources from $45.00 to $47.00 and gave the company a "buy" rating in a research note on Friday, May 23rd. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $41.95.

Range Resources Stock Performance

Shares of NYSE RRC traded up $0.98 during trading on Thursday, reaching $38.38. 2,078,034 shares of the company traded hands, compared to its average volume of 2,498,214. The firm's fifty day simple moving average is $36.42 and its 200 day simple moving average is $37.06. The stock has a market cap of $9.17 billion, a P/E ratio of 19.38, a PEG ratio of 5.11 and a beta of 0.63. Range Resources has a 12-month low of $27.29 and a 12-month high of $41.95. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.28.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Boston Partners lifted its holdings in Range Resources by 4.9% in the fourth quarter. Boston Partners now owns 7,976,052 shares of the oil and gas exploration company's stock valued at $287,078,000 after acquiring an additional 371,777 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Range Resources by 9.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 7,330,676 shares of the oil and gas exploration company's stock valued at $263,768,000 after purchasing an additional 624,955 shares during the period. Lingotto Investment Management LLP raised its position in Range Resources by 2.5% in the fourth quarter. Lingotto Investment Management LLP now owns 6,864,038 shares of the oil and gas exploration company's stock valued at $246,968,000 after purchasing an additional 165,242 shares during the period. Fuller & Thaler Asset Management Inc. raised its position in Range Resources by 71.3% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 5,057,280 shares of the oil and gas exploration company's stock valued at $181,961,000 after purchasing an additional 2,104,304 shares during the period. Finally, Kopernik Global Investors LLC raised its position in Range Resources by 5.2% in the first quarter. Kopernik Global Investors LLC now owns 2,846,663 shares of the oil and gas exploration company's stock valued at $113,667,000 after purchasing an additional 140,043 shares during the period. 98.93% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Range Resources

In other news, Director Reginal Spiller sold 4,200 shares of the business's stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of $40.16, for a total transaction of $168,672.00. Following the transaction, the director now directly owns 13,663 shares in the company, valued at $548,706.08. The trade was a 23.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director James M. Funk sold 13,582 shares of the company's stock in a transaction that occurred on Tuesday, May 6th. The shares were sold at an average price of $35.03, for a total value of $475,777.46. Following the completion of the transaction, the director now owns 54,394 shares in the company, valued at $1,905,421.82. This represents a 19.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 76,080 shares of company stock worth $2,984,479 in the last ninety days. Insiders own 1.00% of the company's stock.

Range Resources Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Investors of record on Friday, June 13th will be issued a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 0.94%. The ex-dividend date of this dividend is Friday, June 13th. Range Resources's payout ratio is 32.14%.

About Range Resources

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.