Zacks Research Predicts Higher Earnings for Range Resources

Range Resources Corporation (NYSE:RRC - Free Report) - Zacks Research boosted their Q2 2025 earnings per share (EPS) estimates for Range Resources in a research note issued on Monday, June 23rd. Zacks Research analyst R. Department now forecasts that the oil and gas exploration company will post earnings of $0.56 per share for the quarter, up from their prior estimate of $0.51. 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 $0.65 EPS, FY2025 earnings at $3.00 EPS, Q2 2026 earnings at $0.78 EPS and Q4 2026 earnings at $1.06 EPS.

A number of other equities analysts also recently commented on RRC. UBS Group boosted their price objective on Range Resources from $36.00 to $37.00 and gave the stock a "neutral" rating in a research report on Thursday, April 24th. Stephens reissued an "overweight" rating and set a $49.00 price objective on shares of Range Resources in a research report on Wednesday, April 23rd. JPMorgan Chase & Co. raised Range Resources from an "underweight" rating to a "neutral" rating and boosted their price objective for the stock from $43.00 to $45.00 in a research report on Thursday, March 13th. Susquehanna decreased their target price on Range Resources from $40.00 to $36.00 and set a "neutral" rating for the company in a research note on Tuesday, April 22nd. Finally, Roth Mkm upgraded Range Resources from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $41.00 to $42.00 in a research note on Tuesday, April 8th. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Range Resources has a consensus rating of "Hold" and a consensus target price of $41.95.

Range Resources Stock Performance

Shares of Range Resources stock opened at $41.10 on Thursday. Range Resources has a one year low of $27.29 and a one year high of $43.50. The company has a market cap of $9.82 billion, a PE ratio of 36.70, a P/E/G ratio of 0.33 and a beta of 0.63. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.56 and a current ratio of 0.56. The business has a 50-day simple moving average of $38.22 and a 200-day simple moving average of $37.56.

Range Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, June 13th will be paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date is Friday, June 13th. Range Resources's dividend payout ratio is currently 32.14%.

Insider Buying and Selling at Range Resources

In other news, Director Reginal Spiller sold 4,200 shares of the company's stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of $40.16, for a total transaction of $168,672.00. Following the completion of the sale, the director now owns 13,663 shares in the company, valued at $548,706.08. This represents a 23.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Ashley Kavanaugh sold 12,880 shares of the company's stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $39.00, for a total value of $502,320.00. Following the sale, the vice president now owns 1,723 shares of the company's stock, valued at $67,197. This trade represents a 88.20% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 76,080 shares of company stock worth $2,984,479. 1.00% of the stock is owned by insiders.

Institutional Investors Weigh In On Range Resources

Several large investors have recently modified their holdings of the stock. Boston Partners raised its stake in shares of Range Resources by 4.9% during the fourth quarter. Boston Partners now owns 7,976,052 shares of the oil and gas exploration company's stock worth $287,078,000 after purchasing an additional 371,777 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Range Resources by 9.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 7,330,676 shares of the oil and gas exploration company's stock worth $263,768,000 after purchasing an additional 624,955 shares during the last quarter. Lingotto Investment Management LLP raised its stake in shares of Range Resources by 2.5% during the fourth quarter. Lingotto Investment Management LLP now owns 6,864,038 shares of the oil and gas exploration company's stock worth $246,968,000 after purchasing an additional 165,242 shares during the last quarter. Fuller & Thaler Asset Management Inc. raised its stake in shares of Range Resources by 71.3% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 5,057,280 shares of the oil and gas exploration company's stock worth $181,961,000 after purchasing an additional 2,104,304 shares during the last quarter. Finally, Kopernik Global Investors LLC grew its holdings in 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 period. 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.

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