Q3 EPS Estimates for Range Resources Reduced by Roth Capital

Key Points

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Range Resources Corporation (NYSE:RRC - Free Report) - Analysts at Roth Capital reduced their Q3 2025 earnings estimates for shares of Range Resources in a research report issued to clients and investors on Monday, August 18th. Roth Capital analyst L. Mariani now forecasts that the oil and gas exploration company will post earnings of $0.40 per share for the quarter, down from their previous estimate of $0.55. Roth Capital currently has a "Neutral" rating and a $35.00 target price on the stock. The consensus estimate for Range Resources' current full-year earnings is $2.02 per share.

Several other research analysts also recently issued reports on RRC. UBS Group reduced their price target on shares of Range Resources from $42.00 to $40.00 and set a "neutral" rating on the stock in a research report on Wednesday. Barclays upped their price target on Range Resources from $39.00 to $44.00 and gave the company an "equal weight" rating in a research note on Monday, July 7th. Scotiabank set a $46.00 price target on Range Resources and gave the company a "sector perform" rating in a research note on Friday, July 11th. Mizuho upped their price target on Range Resources from $46.00 to $48.00 and gave the company an "outperform" rating in a research note on Wednesday, July 23rd. Finally, Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $45.00 price target on shares of Range Resources in a research note on Tuesday, July 15th. Seven analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $42.75.

Range Resources Price Performance

NYSE RRC traded up $0.1370 on Tuesday, hitting $33.3270. 2,148,133 shares of the company were exchanged, compared to its average volume of 2,286,277. The firm has a 50 day moving average of $37.35 and a two-hundred day moving average of $37.42. The company has a market cap of $7.94 billion, a P/E ratio of 16.75, a P/E/G ratio of 0.28 and a beta of 0.60. The company has a current ratio of 0.55, a quick ratio of 0.55 and a debt-to-equity ratio of 0.29. Range Resources has a 1-year low of $27.55 and a 1-year high of $43.50.

Range Resources (NYSE:RRC - Get Free Report) last issued its earnings results on Tuesday, July 22nd. The oil and gas exploration company reported $0.66 EPS for the quarter, beating the consensus estimate of $0.65 by $0.01. The company had revenue of $856.28 million for the quarter, compared to the consensus estimate of $708.38 million. Range Resources had a net margin of 17.22% and a return on equity of 15.95%. During the same quarter in the previous year, the company earned $0.46 EPS.

Range Resources Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Friday, June 13th were paid a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Friday, June 13th. Range Resources's dividend payout ratio is presently 18.09%.

Insider Buying and Selling at Range Resources

In other news, Director Reginal Spiller sold 4,200 shares of the firm's stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of $40.16, for a total transaction of $168,672.00. Following the completion of the transaction, the director directly owned 13,663 shares of the company's stock, valued at $548,706.08. This trade represents a 23.51% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Range Resources

Several hedge funds have recently made changes to their positions in RRC. Envestnet Asset Management Inc. grew its stake in shares of Range Resources by 11.9% during the 4th quarter. Envestnet Asset Management Inc. now owns 106,034 shares of the oil and gas exploration company's stock worth $3,815,000 after acquiring an additional 11,254 shares in the last quarter. Rockefeller Capital Management L.P. grew its stake in shares of Range Resources by 5.7% during the 4th quarter. Rockefeller Capital Management L.P. now owns 56,678 shares of the oil and gas exploration company's stock worth $2,039,000 after acquiring an additional 3,041 shares in the last quarter. Mariner LLC grew its stake in shares of Range Resources by 6.1% during the 4th quarter. Mariner LLC now owns 16,575 shares of the oil and gas exploration company's stock worth $596,000 after acquiring an additional 960 shares in the last quarter. Commerce Bank boosted its holdings in shares of Range Resources by 11.7% in the 4th quarter. Commerce Bank now owns 7,648 shares of the oil and gas exploration company's stock valued at $275,000 after buying an additional 800 shares during the last quarter. Finally, Forum Financial Management LP boosted its holdings in shares of Range Resources by 19.1% in the 4th quarter. Forum Financial Management LP now owns 8,046 shares of the oil and gas exploration company's stock valued at $289,000 after buying an additional 1,293 shares during the last quarter. 98.93% of the stock is owned by institutional investors.

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.