Zacks Research Weighs in on Range Resources FY2025 Earnings

Key Points

• Zacks Research has increased their FY2025 earnings per share estimate for Range Resources from $2.80 to $2.86, indicating positive outlook for the company.
• Range Resources reported a quarterly earnings per share of $0.66, surpassing estimates and showing a significant increase from $0.46 EPS in the same period last year.
• The company recently declared a quarterly dividend of $0.09 per share, yielding approximately 1.0%, with a payout ratio of 18.09%.

Range Resources Corporation (NYSE:RRC - Free Report) - Equities researchers at Zacks Research raised their FY2025 EPS estimates for shares of Range Resources in a research note issued to investors on Tuesday, August 12th. Zacks Research analyst Team now forecasts that the oil and gas exploration company will earn $2.86 per share for the year, up from their previous forecast of $2.80. 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 $0.76 EPS, Q2 2026 earnings at $0.72 EPS, Q3 2026 earnings at $0.93 EPS and FY2026 earnings at $4.04 EPS.

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

Several other research firms have also issued reports on RRC. Wall Street Zen lowered shares of Range Resources from a "hold" rating to a "sell" rating in a report on Wednesday, May 21st. Stephens reissued an "overweight" rating and issued a $49.00 target price on shares of Range Resources in a report on Wednesday, April 23rd. Mizuho increased their target price on shares of Range Resources from $46.00 to $48.00 and gave the stock an "outperform" rating in a report on Wednesday, July 23rd. Piper Sandler reduced their target price on shares of Range Resources from $41.00 to $39.00 and set a "neutral" rating for the company in a report on Thursday. Finally, Bank of America increased their price objective on shares of Range Resources from $45.00 to $47.00 and gave the company a "buy" rating in a report on Friday, May 23rd. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $42.85.

Range Resources Stock Performance

Range Resources stock traded down $1.29 during midday trading on Friday, hitting $33.09. The stock had a trading volume of 4,404,943 shares, compared to its average volume of 2,779,362. The firm's fifty day moving average is $37.90 and its two-hundred day moving average is $37.55. The company has a market capitalization of $7.88 billion, a PE ratio of 16.63, a P/E/G ratio of 0.27 and a beta of 0.60. Range Resources has a 52-week low of $27.55 and a 52-week high of $43.50. 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 Dividend Announcement

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

Insider Buying and Selling

In other Range Resources news, Director Reginal Spiller sold 4,200 shares of Range Resources stock in a transaction 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. The trade was a 23.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.00% of the stock is owned by insiders.

Institutional Trading of Range Resources

Institutional investors and hedge funds have recently made changes to their positions in the business. Hantz Financial Services Inc. lifted its position in shares of Range Resources by 1,464.6% during the second quarter. Hantz Financial Services Inc. now owns 751 shares of the oil and gas exploration company's stock worth $31,000 after purchasing an additional 703 shares during the last quarter. Hollencrest Capital Management bought a new stake in shares of Range Resources during the first quarter worth $33,000. Bessemer Group Inc. lifted its position in shares of Range Resources by 48.0% during the first quarter. Bessemer Group Inc. now owns 971 shares of the oil and gas exploration company's stock worth $39,000 after purchasing an additional 315 shares during the last quarter. Cullen Frost Bankers Inc. bought a new stake in shares of Range Resources during the first quarter worth $39,000. Finally, Barrett & Company Inc. bought a new stake in shares of Range Resources during the second quarter worth $41,000. 98.93% of the stock is currently owned by institutional investors.

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.