Q2 EPS Estimates for Range Resources Boosted by Roth Capital

Range Resources Co. (NYSE:RRC - Free Report) - Roth Capital raised their Q2 2025 earnings per share estimates for Range Resources in a research note issued on Monday, April 14th. Roth Capital analyst L. Mariani now expects that the oil and gas exploration company will post earnings per share of $0.56 for the quarter, up from their prior estimate of $0.54. Roth Capital has a "Strong-Buy" rating on the stock. The consensus estimate for Range Resources' current full-year earnings is $2.02 per share. Roth Capital also issued estimates for Range Resources' Q3 2025 earnings at $0.59 EPS and Q4 2025 earnings at $0.83 EPS.

Other research analysts have also recently issued reports about the stock. Raymond James increased their price objective on shares of Range Resources from $46.00 to $55.00 and gave the company an "outperform" rating in a report on Monday, March 31st. Roth Mkm raised Range Resources from a "neutral" rating to a "buy" rating and increased their price target for the company from $41.00 to $42.00 in a research note on Tuesday, April 8th. Bank of America upgraded Range Resources from a "neutral" rating to a "buy" rating and lifted their price target for the company from $34.00 to $45.00 in a research report on Monday, January 13th. Morgan Stanley set a $41.00 target price on Range Resources in a research note on Tuesday, April 15th. Finally, Piper Sandler cut their price objective on Range Resources from $33.00 to $32.00 and set a "neutral" rating for the company in a research report on Tuesday. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $41.38.

Range Resources Stock Performance

Shares of NYSE:RRC traded up $0.94 on Thursday, hitting $33.56. The company's stock had a trading volume of 1,324,233 shares, compared to its average volume of 2,444,801. Range Resources has a 12 month low of $27.29 and a 12 month high of $41.95. The stock's 50-day moving average is $37.11 and its two-hundred day moving average is $35.71. 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 company has a market capitalization of $8.10 billion, a price-to-earnings ratio of 16.97, a price-to-earnings-growth ratio of 5.11 and a beta of 1.73.

Range Resources (NYSE:RRC - Get Free Report) last announced its quarterly earnings results on Tuesday, February 25th. The oil and gas exploration company reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.13. The business had revenue of $626.42 million for the quarter, compared to the consensus estimate of $676.53 million. Range Resources had a return on equity of 13.69% and a net margin of 17.63%. During the same quarter last year, the business posted $0.63 EPS.

Range Resources Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were given a dividend of $0.09 per share. This is a positive change from Range Resources's previous quarterly dividend of $0.08. The ex-dividend date was Friday, March 14th. This represents a $0.36 dividend on an annualized basis and a yield of 1.07%. Range Resources's payout ratio is currently 32.73%.

Institutional Investors Weigh In On Range Resources

Hedge funds and other institutional investors have recently made changes to their positions in the business. Smartleaf Asset Management LLC increased its position in Range Resources by 87.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,012 shares of the oil and gas exploration company's stock worth $37,000 after acquiring an additional 471 shares during the period. UMB Bank n.a. raised its position in shares of Range Resources by 59.0% during the fourth quarter. UMB Bank n.a. now owns 1,148 shares of the oil and gas exploration company's stock valued at $41,000 after buying an additional 426 shares during the last quarter. Headlands Technologies LLC bought a new stake in shares of Range Resources in the fourth quarter valued at about $42,000. Geneos Wealth Management Inc. bought a new position in Range Resources during the fourth quarter valued at about $46,000. Finally, Versant Capital Management Inc raised its holdings in Range Resources by 42.8% in the 4th quarter. Versant Capital Management Inc now owns 1,544 shares of the oil and gas exploration company's stock valued at $56,000 after acquiring an additional 463 shares in the last quarter. 98.93% of the stock is owned by institutional investors and hedge funds.

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.