Q2 EPS Estimates for Range Resources Boosted by Analyst

Range Resources Co. (NYSE:RRC - Free Report) - Equities research analysts at Zacks Research increased their Q2 2025 earnings per share (EPS) estimates for shares of Range Resources in a research report issued on Monday, April 14th. Zacks Research analyst R. Department now forecasts that the oil and gas exploration company will post earnings of $0.67 per share for the quarter, up from their previous forecast of $0.55. The consensus estimate for Range Resources' current full-year earnings is $2.02 per share. Zacks Research also issued estimates for Range Resources' Q3 2025 earnings at $0.62 EPS.

Several other research analysts have also recently weighed in on the stock. Roth Mkm raised shares of Range Resources from a "neutral" rating to a "buy" rating and boosted their price target for the company from $41.00 to $42.00 in a research report on Tuesday, April 8th. Williams Trading set a $40.00 price target on shares of Range Resources in a research report on Wednesday, March 5th. Scotiabank downgraded Range Resources from a "sector outperform" rating to a "sector perform" rating and set a $45.00 target price on the stock. in a research report on Friday, January 17th. Bank of America upgraded shares of Range Resources from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $34.00 to $45.00 in a report on Monday, January 13th. Finally, Roth Capital upgraded shares of Range Resources from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 8th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $41.43.

Range Resources Price Performance

RRC traded down $1.61 on Wednesday, hitting $32.57. 1,258,619 shares of the company's stock were exchanged, compared to its average volume of 2,440,281. The firm has a 50-day moving average price of $37.22 and a 200-day moving average price of $35.71. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.28. The stock has a market cap of $7.86 billion, a price-to-earnings ratio of 16.45, a P/E/G ratio of 5.11 and a beta of 1.73. Range Resources has a fifty-two week low of $27.29 and a fifty-two week high of $41.95.

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

Range Resources Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were given a $0.09 dividend. This is a positive change from Range Resources's previous quarterly dividend of $0.08. The ex-dividend date of this dividend was Friday, March 14th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.11%. Range Resources's dividend payout ratio (DPR) is 32.73%.

Institutional Investors Weigh In On Range Resources

Hedge funds have recently made changes to their positions in the company. Quantinno Capital Management LP acquired a new stake in Range Resources during the 3rd quarter worth about $234,000. Barclays PLC boosted its holdings in shares of Range Resources by 180.8% during the third quarter. Barclays PLC now owns 222,017 shares of the oil and gas exploration company's stock worth $6,830,000 after purchasing an additional 142,938 shares during the period. M&T Bank Corp grew its position in Range Resources by 3.1% during the third quarter. M&T Bank Corp now owns 10,790 shares of the oil and gas exploration company's stock valued at $332,000 after purchasing an additional 327 shares in the last quarter. Geode Capital Management LLC increased its stake in Range Resources by 0.9% in the 3rd quarter. Geode Capital Management LLC now owns 4,003,299 shares of the oil and gas exploration company's stock valued at $123,174,000 after buying an additional 35,344 shares during the period. Finally, Sanctuary Advisors LLC purchased a new stake in Range Resources in the 3rd quarter worth approximately $205,000. Hedge funds and other institutional investors own 98.93% of the company's stock.

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.