Zacks Research Lowers Earnings Estimates for Range Resources

Key Points

• Zacks Research reduced its Q3 2025 EPS estimate for Range Resources from $0.56 to $0.42, while the current full-year earnings estimate stands at $2.02 per share.
• Analysts have mixed opinions on Range Resources, with seven rating it a Buy, twelve a Hold, and one a Sell, while the average target price is $42.75.
• The company announced a quarterly dividend of $0.09 per share, reflecting a 1.0% yield and a payout ratio of 18.09%.

Range Resources Corporation (NYSE:RRC - Free Report) - Research analysts at Zacks Research lowered their Q3 2025 EPS estimates for Range Resources in a report released on Friday, September 12th. Zacks Research analyst Team now expects that the oil and gas exploration company will post earnings per share of $0.42 for the quarter, down from their previous forecast of $0.56. The consensus estimate for Range Resources' current full-year earnings is $2.02 per share.

A number of other research firms have also issued reports on RRC. Bank of America raised their target price on Range Resources from $45.00 to $47.00 and gave the company a "buy" rating in a report on Friday, May 23rd. Barclays lifted their price objective on Range Resources from $39.00 to $44.00 and gave the stock an "equal weight" rating in a report on Monday, July 7th. Royal Bank Of Canada reissued a "sector perform" rating and set a $45.00 price objective on shares of Range Resources in a report on Tuesday, July 15th. Scotiabank set a $46.00 price objective on Range Resources and gave the stock a "sector perform" rating in a report on Friday, July 11th. Finally, Piper Sandler decreased their price objective on Range Resources from $41.00 to $39.00 and set a "neutral" rating on the stock in a report on Thursday, August 14th. Seven analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $42.75.

Range Resources Trading Up 0.5%

Shares of RRC stock opened at $35.35 on Monday. The stock has a 50-day simple moving average of $35.39 and a 200 day simple moving average of $36.98. Range Resources has a fifty-two week low of $28.91 and a fifty-two week high of $43.50. The stock has a market capitalization of $8.42 billion, a P/E ratio of 17.76, a P/E/G ratio of 0.30 and a beta of 0.55. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 0.29.

Range Resources (NYSE:RRC - Get Free Report) last released its quarterly earnings results on Tuesday, July 22nd. The oil and gas exploration company reported $0.66 earnings per share for the quarter, topping analysts' consensus estimates of $0.65 by $0.01. The firm had revenue of $856.28 million during the quarter, compared to analysts' expectations 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 in the prior year, the business earned $0.46 EPS.

Range Resources Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 26th. Stockholders of record on Friday, September 12th will be issued a dividend of $0.09 per share. The ex-dividend date of this dividend is Friday, September 12th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.0%. Range Resources's payout ratio is 18.09%.

Hedge Funds Weigh In On Range Resources

Several institutional investors and hedge funds have recently bought and sold shares of RRC. Boston Partners grew its stake in shares of Range Resources by 6.1% in the second quarter. Boston Partners now owns 7,419,508 shares of the oil and gas exploration company's stock worth $301,133,000 after purchasing an additional 425,704 shares during the last quarter. Lingotto Investment Management LLP boosted its stake in shares of Range Resources by 2.0% during the second quarter. Lingotto Investment Management LLP now owns 7,161,614 shares of the oil and gas exploration company's stock valued at $291,263,000 after purchasing an additional 138,877 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Range Resources by 230.1% during the second quarter. Invesco Ltd. now owns 4,785,940 shares of the oil and gas exploration company's stock worth $194,644,000 after purchasing an additional 3,336,299 shares during the last quarter. Qube Research & Technologies Ltd increased its stake in shares of Range Resources by 30.5% during the second quarter. Qube Research & Technologies Ltd now owns 2,951,806 shares of the oil and gas exploration company's stock worth $120,050,000 after purchasing an additional 689,212 shares in the last quarter. Finally, Kopernik Global Investors LLC boosted its holdings in Range Resources by 5.2% in the 1st quarter. Kopernik Global Investors LLC now owns 2,846,663 shares of the oil and gas exploration company's stock valued at $113,667,000 after purchasing an additional 140,043 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.

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