Zacks Research Predicts Range Resources FY2026 Earnings

Key Points

• Zacks Research raised its FY2026 EPS forecast for Range Resources to $3.58 from $3.57, though it maintained a “Hold” rating; the consensus estimate is $3.74.
• Range Resources exceeded its latest quarterly expectations, reporting $0.79 EPS versus the $0.66 consensus and revenue of $759.58 million, although revenue declined 2.7% year over year.
• Analyst sentiment remains broadly neutral, with the stock carrying a “Hold” consensus rating and an average price target of $44, compared with its recent price near $39.98.

Range Resources Corporation (NYSE:RRC - Free Report) - Stock analysts at Zacks Research increased their FY2026 earnings per share (EPS) estimates for shares of Range Resources in a research note issued to investors on Tuesday, October 6th. Zacks Research analyst Team now forecasts that the oil and gas exploration company will post earnings per share of $3.58 for the year, up from their previous estimate of $3.57. Zacks Research currently has a "Hold" rating on the stock. The consensus estimate for Range Resources' current full-year earnings is $3.74 per share. Zacks Research also issued estimates for Range Resources' Q4 2026 earnings at $0.78 EPS, Q1 2027 earnings at $1.10 EPS, Q2 2027 earnings at $0.51 EPS, Q3 2027 earnings at $0.59 EPS and Q4 2027 earnings at $0.78 EPS.

Range Resources (NYSE:RRC - Get Free Report) last posted its quarterly earnings data on Tuesday, July 21st. The oil and gas exploration company reported $0.79 EPS for the quarter, topping analysts' consensus estimates of $0.66 by $0.13. Range Resources had a return on equity of 18.63% and a net margin of 25.04%.The company had revenue of $759.58 million for the quarter, compared to the consensus estimate of $744.78 million. During the same quarter in the previous year, the business earned $0.66 EPS. The company's quarterly revenue was down 2.7% compared to the same quarter last year.

A number of other analysts also recently commented on RRC. UBS Group dropped their target price on shares of Range Resources from $49.00 to $44.00 and set a "neutral" rating on the stock in a report on Friday, October 2nd. Citigroup restated a "neutral" rating on shares of Range Resources in a report on Thursday, July 23rd. Morgan Stanley decreased their price target on shares of Range Resources from $44.00 to $43.00 and set an "equal weight" rating on the stock in a research report on Wednesday, August 19th. Stephens raised their price objective on Range Resources from $52.00 to $53.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 22nd. Finally, Barclays raised their price objective on Range Resources from $40.00 to $42.00 and gave the stock an "equal weight" rating in a research note on Tuesday, September 8th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, sixteen have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $44.00.

Range Resources Stock Performance

NYSE:RRC opened at $39.98 on Wednesday. Range Resources has a twelve month low of $32.68 and a twelve month high of $48.31. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.18. The company has a 50-day moving average of $40.06 and a 200-day moving average of $40.24. The firm has a market cap of $9.34 billion, a price-to-earnings ratio of 11.04 and a beta of 0.71.

Range Resources Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 11th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.0%. The ex-dividend date was Friday, September 11th. Range Resources's dividend payout ratio is currently 11.05%.

Insiders Place Their Bets

In other Range Resources news, Director Reginal Spiller sold 3,500 shares of the stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $40.00, for a total value of $140,000.00. Following the completion of the sale, the director owned 13,421 shares in the company, valued at $536,840. This represents a 20.68% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.10% of the company's stock.

Hedge Funds Weigh In On Range Resources

A number of hedge funds have recently modified their holdings of the stock. Congress Asset Management Co. boosted its position in Range Resources by 3.5% during the third quarter. Congress Asset Management Co. now owns 652,173 shares of the oil and gas exploration company's stock valued at $24,156,000 after purchasing an additional 21,895 shares during the last quarter. CX Institutional purchased a new stake in shares of Range Resources during the 3rd quarter worth about $6,360,000. MAC Alpha Capital Management LP raised its stake in shares of Range Resources by 41.6% during the 2nd quarter. MAC Alpha Capital Management LP now owns 250,456 shares of the oil and gas exploration company's stock worth $9,315,000 after purchasing an additional 73,600 shares in the last quarter. Sequoia Financial Advisors LLC grew its stake in shares of Range Resources by 89.0% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 10,811 shares of the oil and gas exploration company's stock valued at $402,000 after buying an additional 5,092 shares in the last quarter. Finally, Tidal Investments LLC raised its position in Range Resources by 62.8% during the second quarter. Tidal Investments LLC now owns 73,725 shares of the oil and gas exploration company's stock valued at $2,742,000 after acquiring an additional 28,438 shares in the last quarter. 98.93% of the stock is owned by institutional investors and hedge funds.

About Range Resources

Range Resources Corporation is an independent natural gas, natural gas liquids (NGLs) and oil producer headquartered in Fort Worth, Texas. The company explores for, develops and produces hydrocarbons, with a primary focus on unconventional shale resources in the Appalachian Basin.

Range's principal operating area is the Marcellus Shale in southwestern Pennsylvania, where it produces natural gas, NGLs and condensate. Its products are sold to customers through regional and interstate pipeline systems and other market channels serving utilities, industrial users, power generators and other energy markets.

Founded in 1976, Range Resources has historically operated in several U.S.

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