Range Resources Q3 EPS Forecast Decreased by Zacks Research

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) - Equities researchers at Zacks Research dropped their Q3 2025 EPS estimates for Range Resources in a note issued to investors on Friday, September 12th. Zacks Research analyst Team now expects that the oil and gas exploration company will post earnings of $0.42 per share for the quarter, down from their prior forecast of $0.56. The consensus estimate for Range Resources' current full-year earnings is $2.02 per share.

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

A number of other research analysts have also recently commented on the stock. Piper Sandler reduced their target price on shares of Range Resources from $41.00 to $39.00 and set a "neutral" rating on the stock in a research report on Thursday, August 14th. Roth Capital cut shares of Range Resources from a "buy" rating to a "neutral" rating and reduced their target price for the stock from $44.00 to $35.00 in a research report on Monday, August 18th. Royal Bank Of Canada reissued a "sector perform" rating and set a $45.00 target price on shares of Range Resources in a research report on Tuesday, July 15th. Mizuho reduced their target price on shares of Range Resources from $48.00 to $42.00 and set an "outperform" rating on the stock in a research report on Monday. Finally, Scotiabank set a $46.00 target price on shares of Range Resources and gave the stock a "sector perform" rating in a research report on Friday, July 11th. Seven equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Range Resources has a consensus rating of "Hold" and an average target price of $41.75.

Range Resources Stock Down 2.4%

Shares of NYSE RRC traded down $0.86 during trading on Monday, reaching $34.43. 5,784,170 shares of the stock were exchanged, compared to its average volume of 2,767,923. The business's 50-day moving average price is $35.10 and its 200 day moving average price is $36.92. Range Resources has a twelve month low of $28.99 and a twelve month high of $43.50. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $8.20 billion, a price-to-earnings ratio of 17.30, a price-to-earnings-growth ratio of 0.30 and a beta of 0.55.

Range Resources Announces Dividend

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

Institutional Trading of Range Resources

Several institutional investors have recently added to or reduced their stakes in the business. Boston Partners increased its stake in Range Resources by 6.1% during the second quarter. Boston Partners now owns 7,419,508 shares of the oil and gas exploration company's stock valued at $301,133,000 after purchasing an additional 425,704 shares during the last quarter. Lingotto Investment Management LLP grew its position 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 worth $291,263,000 after acquiring an additional 138,877 shares during the last quarter. Invesco Ltd. grew its position 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 acquiring an additional 3,336,299 shares during the last quarter. Qube Research & Technologies Ltd grew its position 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 acquiring an additional 689,212 shares during the last quarter. Finally, Kopernik Global Investors LLC grew its position in shares of Range Resources by 5.2% during the first quarter. Kopernik Global Investors LLC now owns 2,846,663 shares of the oil and gas exploration company's stock worth $113,667,000 after acquiring an additional 140,043 shares during the last quarter. Institutional investors own 98.93% of the company's stock.

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.