Ranger Energy Services (RNGR) Scheduled to Post Earnings on Tuesday

Ranger Energy Services (NYSE:RNGR - Get Free Report) is set to issue its quarterly earnings data before the market opens on Tuesday, May 7th. Analysts expect the company to announce earnings of $0.05 per share for the quarter. Investors that are interested in participating in the company's conference call can do so using this link.

Ranger Energy Services (NYSE:RNGR - Get Free Report) last released its earnings results on Tuesday, March 5th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.24). Ranger Energy Services had a net margin of 3.74% and a return on equity of 8.67%. The company had revenue of $151.50 million for the quarter, compared to analyst estimates of $151.00 million. During the same period in the previous year, the business posted $0.30 EPS. On average, analysts expect Ranger Energy Services to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Ranger Energy Services Stock Performance

Shares of RNGR stock traded down $0.37 during midday trading on Tuesday, reaching $9.84. 150,177 shares of the company were exchanged, compared to its average volume of 179,126. The company's 50 day moving average price is $11.03 and its two-hundred day moving average price is $10.78. The company has a market cap of $222.97 million, a P/E ratio of 10.25 and a beta of 0.60. Ranger Energy Services has a 12 month low of $9.27 and a 12 month high of $14.64.

Ranger Energy Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, April 5th. Investors of record on Friday, March 15th were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $0.20 annualized dividend and a yield of 2.03%. Ranger Energy Services's payout ratio is 20.83%.

Insider Buying and Selling at Ranger Energy Services

In related news, Director Charles S. Leykum sold 6,000 shares of the firm's stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of $11.64, for a total transaction of $69,840.00. Following the completion of the transaction, the director now owns 3,994,000 shares of the company's stock, valued at $46,490,160. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Ranger Energy Services news, Director Charles S. Leykum sold 132,000 shares of Ranger Energy Services stock in a transaction that occurred on Wednesday, March 27th. The shares were sold at an average price of $11.08, for a total value of $1,462,560.00. Following the transaction, the director now owns 3,562,000 shares in the company, valued at $39,466,960. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Charles S. Leykum sold 6,000 shares of the company's stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $11.64, for a total value of $69,840.00. Following the completion of the transaction, the director now directly owns 3,994,000 shares in the company, valued at approximately $46,490,160. The disclosure for this sale can be found here. In the last ninety days, insiders sold 378,000 shares of company stock valued at $4,212,500. 2.00% of the stock is owned by corporate insiders.

About Ranger Energy Services

Ranger Energy Services, Inc provides onshore high specification well service rigs, wireline services, and complementary services to exploration and production companies in the United States. It operates through three segments: High Specification Rigs, Wireline Services, and Processing Solutions and Ancillary Services.