Zacks Research Weighs in on Range Resources Q3 Earnings

Range Resources Corporation (NYSE:RRC - Free Report) - Zacks Research decreased their Q3 2025 earnings per share estimates for Range Resources in a report released on Monday, July 21st. Zacks Research analyst R. Department now anticipates that the oil and gas exploration company will post earnings per share of $0.58 for the quarter, down from their prior estimate of $0.65. The consensus estimate for Range Resources' current full-year earnings is $2.02 per share. Zacks Research also issued estimates for Range Resources' Q4 2025 earnings at $0.74 EPS, FY2025 earnings at $2.80 EPS, Q3 2026 earnings at $0.90 EPS and FY2026 earnings at $3.86 EPS.

A number of other research analysts also recently commented on RRC. Barclays increased their price target on Range Resources from $39.00 to $44.00 and gave the company an "equal weight" rating in a report on Monday, July 7th. Morgan Stanley set a $41.00 target price on Range Resources in a report on Tuesday, April 15th. Scotiabank set a $46.00 target price on Range Resources and gave the stock a "sector perform" rating in a report on Friday, July 11th. UBS Group increased their target price on Range Resources from $36.00 to $37.00 and gave the stock a "neutral" rating in a report on Thursday, April 24th. Finally, Mizuho raised their price target on Range Resources from $46.00 to $48.00 and gave the stock an "outperform" rating in a report on Wednesday. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, seven have given a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Range Resources presently has an average rating of "Hold" and an average target price of $43.11.

Range Resources Stock Down 2.4%

RRC traded down $0.88 on Thursday, reaching $35.37. The company's stock had a trading volume of 2,169,993 shares, compared to its average volume of 3,030,286. The stock has a market cap of $8.42 billion, a price-to-earnings ratio of 17.77, a price-to-earnings-growth ratio of 0.29 and a beta of 0.63. Range Resources has a 1 year low of $27.29 and a 1 year high of $43.50. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.55 and a quick ratio of 0.56. The business's 50 day moving average is $39.16 and its 200 day moving average is $38.04.

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

Hedge Funds Weigh In On Range Resources

A number of hedge funds have recently modified their holdings of the stock. Hollencrest Capital Management acquired a new stake in shares of Range Resources in the first quarter worth $33,000. Bessemer Group Inc. boosted its position in shares of Range Resources by 48.0% in the first quarter. Bessemer Group Inc. now owns 971 shares of the oil and gas exploration company's stock worth $39,000 after buying an additional 315 shares during the period. Cullen Frost Bankers Inc. acquired a new stake in shares of Range Resources in the first quarter worth $39,000. Barrett & Company Inc. acquired a new stake in shares of Range Resources in the second quarter worth $41,000. Finally, Headlands Technologies LLC acquired a new stake in shares of Range Resources in the fourth quarter worth $42,000. 98.93% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Range Resources

In other news, CEO Dennis Degner sold 35,850 shares of Range Resources stock in a transaction on Wednesday, May 14th. The stock was sold at an average price of $40.42, for a total transaction of $1,449,057.00. Following the transaction, the chief executive officer directly owned 58,431 shares in the company, valued at approximately $2,361,781.02. This trade represents a 38.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Erin W. Mcdowell sold 9,568 shares of Range Resources stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $40.62, for a total value of $388,652.16. Following the completion of the transaction, the senior vice president owned 13,800 shares in the company, valued at $560,556. The trade was a 40.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 76,080 shares of company stock worth $2,984,479 in the last quarter. Company insiders own 1.00% of the company's stock.

Range Resources Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Friday, June 13th were given a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 1.02%. The ex-dividend date was Friday, June 13th. Range Resources's dividend payout ratio (DPR) is presently 18.09%.

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.