How have RNGR shares performed in 2024?

Ranger Energy Services' stock was trading at $10.23 at the beginning of the year. Since then, RNGR shares have increased by 4.7% and is now trading at $10.71. View the best growth stocks for 2024 here .

Are investors shorting Ranger Energy Services?

Ranger Energy Services saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 521,000 shares, an increase of 32.8% from the February 29th total of 392,300 shares. Based on an average daily trading volume, of 199,700 shares, the days-to-cover ratio is currently 2.6 days. View Ranger Energy Services' Short Interest .

When is Ranger Energy Services' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our RNGR earnings forecast .

How were Ranger Energy Services' earnings last quarter?

Ranger Energy Services, Inc. (NYSE:RNGR) posted its earnings results on Tuesday, March, 5th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.33 by $0.24. The firm earned $151.50 million during the quarter, compared to the consensus estimate of $151 million. Ranger Energy Services had a trailing twelve-month return on equity of 8.67% and a net margin of 3.74%. During the same quarter in the previous year, the company posted $0.30 earnings per share.

How often does Ranger Energy Services pay dividends? What is the dividend yield for Ranger Energy Services?

Ranger Energy Services declared a quarterly dividend on Monday, March 4th. Investors of record on Friday, March 15th will be paid a dividend of $0.05 per share on Friday, April 5th. This represents a $0.20 annualized dividend and a dividend yield of 1.87%. The ex-dividend date is Thursday, March 14th. Read our dividend analysis for RNGR .

Is Ranger Energy Services a good dividend stock?

Ranger Energy Services (NYSE:RNGR) pays an annual dividend of $0.20 per share and currently has a dividend yield of 1.80%. The dividend payout ratio is 20.83%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RNGR will have a dividend payout ratio of 15.87% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for RNGR .

What other stocks do shareholders of Ranger Energy Services own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ranger Energy Services investors own include Hawkins (HWKN) , Bank of Hawaii (BOH) , InterDigital (IDCC) , STAG Industrial (STAG) , Xtrackers California Municipal Bond ETF (CA) , Bank of America (BAC) , BlackRock (BLK) , Genocea Biosciences (GNCA) , Transocean (RIG) and Chipotle Mexican Grill (CMG) .

When did Ranger Energy Services IPO?

Ranger Energy Services (RNGR) raised $85 million in an initial public offering (IPO) on Friday, August 11th 2017. The company issued 5,000,000 shares at a price of $16.00-$18.00 per share. Credit Suisse, Simmons & Company International (Energy Specialists of Piper Jaffray) and Wells Fargo Securities acted as the underwriters for the IPO and Barclays, Evercore ISI, Capital One Securities, Johnson Rice & Company, Raymond James and Scotia Howard Weil were co-managers.

Who are Ranger Energy Services' major shareholders?

Ranger Energy Services' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.61%). Insiders that own company stock include Byron A Dunn, Charles S Leykum, J Matt Hooker and Stuart Bodden. View institutional ownership trends .

How do I buy shares of Ranger Energy Services?

Shares of RNGR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:RNGR

Ranger Energy Services (RNGR) Stock Price, News & Analysis

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$10.71

-0.14 (-1.29%)

(As of 04/18/2024 ET)

Compare

Today's Range: $10.63
▼
$10.98
50-Day Range: $9.79
▼
$11.86
52-Week Range: $9.27
▼
$14.64

Volume: 101,581 shs
Average Volume: 181,089 shs
Market Capitalization: $242.69 million

P/E Ratio: 11.16
Dividend Yield: 1.87%
Price Target: N/A

Get Ranger Energy Services alerts:

Ranger Energy Services MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
2.09% of Shares Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$4.21 M Sold Last Quarter
Proj. Earnings Growth: 50.00%
From $0.84 to $1.26 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.06 out of 5 stars

Oils/Energy Sector

16th out of 226 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

3rd out of 18 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Ranger Energy Services.

5.0

Short Interest

Percentage of Shares Shorted
2.09% of the outstanding shares of Ranger Energy Services have been sold short.
Short Interest Ratio / Days to Cover
Ranger Energy Services has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Ranger Energy Services has recently decreased by 8.94%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
Ranger Energy Services pays a meaningful dividend of 1.80%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Ranger Energy Services does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Ranger Energy Services is 20.83%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Ranger Energy Services will have a dividend payout ratio of 15.87% next year. This indicates that Ranger Energy Services will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for RNGR.

0.6

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for Ranger Energy Services this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for RNGR on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
3 people have added Ranger Energy Services to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ranger Energy Services insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,212,500.00 in company stock.
Percentage Held by Insiders
Only 3.00% of the stock of Ranger Energy Services is held by insiders.
Percentage Held by Institutions
68.10% of the stock of Ranger Energy Services is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Ranger Energy Services are expected to grow by 50.00% in the coming year, from $0.84 to $1.26 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ranger Energy Services is 11.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.13.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ranger Energy Services is 11.16, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 20.41.
Price to Book Value per Share Ratio
Ranger Energy Services has a P/B Ratio of 0.92. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Ranger Energy Services Stock (NYSE:RNGR)

Ranger Energy Services, Inc. provides onshore high specification well service rigs, wireline services, and complementary services to exploration and production companies in the United States. It operates through three segments: High Specification Rigs, Wireline Services, and Processing Solutions and Ancillary Services. The High Specification Rigs segment offers well service rigs and complementary equipment and services to facilitate operations throughout the lifecycle of a well; and well maintenance services. This segment also has a fleet of 402 well service rigs. The Wireline Services segment provides wireline production and intervention services to provide information to identify and resolve well production problems through cased hole logging, perforating, mechanical, and pipe recovery services; wireline completion services that are used primarily for pump down perforating operations to create perforations or entry holes through the production casing; and pumping services. This segment also has a fleet of 66 wireline units and 29 high-pressure pump trucks. The Processing Solutions and Ancillary Services segment rents well service-related equipment consisting of fluid pumps, power swivels, well control packages, hydraulic catwalks, frac tanks, pipe racks, and pipe handling tools; and coiled tubing, decommissioning, and snubbing services, as well as provides proprietary and modular equipment for the processing of natural gas streams. This segment also engages in the rental, installation, commissioning, start up, operation, and maintenance of mechanical refrigeration units, nitrogen gas liquid stabilizer units, nitrogen gas liquid storage units, and related equipment. Ranger Energy Services, Inc. was incorporated in 2017 and is headquartered in Houston, Texas.

RNGR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

RNGR Stock News Headlines

March 29, 2024 | insidertrades.com

Insider Selling: Ranger Energy Services, Inc. (NYSE:RNGR) Director Sells 132,000 Shares of Stock

March 27, 2024 | insidertrades.com

Insider Selling: Ranger Energy Services, Inc. (NYSE:RNGR) Director Sells 25,000 Shares of Stock

April 18, 2024 | Gold Safe Exchange (Ad)

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March 24, 2024 | insidertrades.com

Ranger Energy Services, Inc. (NYSE:RNGR) Director Sells $69,840.00 in Stock

April 18, 2024 | sports.yahoo.com

'Pressure too much' for Rangers

April 10, 2024 | markets.businessinsider.com

Analysts Offer Insights on Energy Companies: Chevron (CVX) and Ranger Energy Services (RNGR)

March 15, 2024 | yahoo.com

Power Rangers' Original Red Ranger Actor Is Launching A Clothing Line Featuring Hitler Quotes, And Amy Jo Johnson Bluntly Responded

March 9, 2024 | finance.yahoo.com

Ranger Energy Services, Inc. (NYSE:RNGR) Looks Interesting, And It's About To Pay A Dividend

April 18, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

March 8, 2024 | finance.yahoo.com

Ranger Energy Services, Inc. Just Missed EPS By 20%: Here's What Analysts Think Will Happen Next

March 7, 2024 | seekingalpha.com

Ranger Energy Services, Inc. (RNGR) Q4 2023 Earnings Call Transcript

March 7, 2024 | finance.yahoo.com

Ranger Energy Services, Inc. (NYSE:RNGR) Q4 2023 Earnings Call Transcript

March 6, 2024 | finance.yahoo.com

Q4 2023 Ranger Energy Services Inc Earnings Call

March 6, 2024 | finance.yahoo.com

Ranger Energy Services Full Year 2023 Earnings: EPS Misses Expectations

March 6, 2024 | gurufocus.com

Q4 2023 Ranger Energy Services Inc Earnings Call Transcript

March 4, 2024 | finance.yahoo.com

Ranger Energy Services Inc Reports Solid Earnings Growth and Enhanced Shareholder Returns in 2023

March 4, 2024 | businesswire.com

Ranger Energy Services, Inc. Announces Q4 2023 and Full Year 2023 Results

February 29, 2024 | investorplace.com

7 Cheap Dividend Stocks to Roll the Dice With

February 25, 2024 | finance.yahoo.com

Is Ranger Energy Services, Inc.'s (NYSE:RNGR) Latest Stock Performance Being Led By Its Strong Fundamentals?

February 20, 2024 | finance.yahoo.com

Ranger Energy Services, Inc. Announces Date for Fourth Quarter and Full Year 2023 Earnings Conference Call

February 20, 2024 | businesswire.com

Ranger Energy Services, Inc. Announces Date for Fourth Quarter and Full Year 2023 Earnings Conference Call

December 22, 2023 | finance.yahoo.com

Investors in Ranger Energy Services (NYSE:RNGR) have seen stellar returns of 177% over the past three years

December 18, 2023 | benzinga.com

Massive Insider Trade At Ranger Energy Services

December 13, 2023 | benzinga.com

Charles Leykum Implements A Sell Strategy: Offloads $605K In Ranger Energy Services Stock

December 5, 2023 | benzinga.com

Director Of Ranger Energy Services Makes $1.52M Sale

December 2, 2023 | finance.yahoo.com

President of Ranger Energy Services Stuart Bodden Buys 12% More Shares

December 1, 2023 | msn.com

Ranger Energy Services says CEO Stuart Bodden bought 15K class A shares

See More Headlines

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Company Calendar

Last Earnings: 3/05/2024
Ex-Dividend for 4/5 Dividend: 3/14/2024
Dividend Payable: 4/05/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/07/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Oils/Energy
Industry: Oil & gas field services, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NYSE:RNGR
CUSIP: N/A
CIK: 1699039
Web: www.rangerenergy.com
Phone: (713) 895-8900
Fax: N/A
Employees: 2,000
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $0.96
Trailing P/E Ratio: 11.16
Forward P/E Ratio: 12.75
P/E Growth: N/A
Net Income: $23.80 million
Net Margins: 3.74%
Pretax Margin: 4.87%
Return on Equity: 8.67%
Return on Assets: 6.30%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.96
Quick Ratio: 1.87

Sales & Book Value

Annual Sales: $636.60 million
Price / Sales: 0.38
Cash Flow: $2.62 per share
Price / Cash Flow: 4.09
Book Value: $11.62 per share
Price / Book: 0.92

Miscellaneous

Outstanding Shares: 22,660,000
Free Float: 21,983,000
Market Cap: $242.69 million
Optionable: Optionable
Beta: 0.60

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Key Executives

Mr. Stuart N. Bodden (Age 54)
President, CEO & Director
Comp: $651.28k
Ms. Melissa K. Cougle (Age 46)
Chief Financial Officer
Comp: $373.66k
Mr. J. Matthew Hooker (Age 61)
Senior Vice President of Well Services
Comp: $355.14k
Mr. Justin Whitley
General Counsel & Corporate Secretary
Mr. Chief Tauzin
Vice President of Sales
Mr. James Yaw
Vice President of Human Resources
Mr. Lance Perryman (Age 58)
Executive Vice President of Processing Solutions
Comp: $195.26k
Mr. Casey Nipper
Senior Vice President of Wireline Services

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

RNGR Stock Analysis - Frequently Asked Questions

How have RNGR shares performed in 2024?: Ranger Energy Services' stock was trading at $10.23 at the beginning of the year. Since then, RNGR shares have increased by 4.7% and is now trading at $10.71.
View the best growth stocks for 2024 here.
Are investors shorting Ranger Energy Services?: Ranger Energy Services saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 521,000 shares, an increase of 32.8% from the February 29th total of 392,300 shares. Based on an average daily trading volume, of 199,700 shares, the days-to-cover ratio is currently 2.6 days.
View Ranger Energy Services' Short Interest.
When is Ranger Energy Services' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our RNGR earnings forecast.
How were Ranger Energy Services' earnings last quarter?: Ranger Energy Services, Inc. (NYSE:RNGR) posted its earnings results on Tuesday, March, 5th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.33 by $0.24. The firm earned $151.50 million during the quarter, compared to the consensus estimate of $151 million. Ranger Energy Services had a trailing twelve-month return on equity of 8.67% and a net margin of 3.74%. During the same quarter in the previous year, the company posted $0.30 earnings per share.
How often does Ranger Energy Services pay dividends? What is the dividend yield for Ranger Energy Services?: Ranger Energy Services declared a quarterly dividend on Monday, March 4th. Investors of record on Friday, March 15th will be paid a dividend of $0.05 per share on Friday, April 5th. This represents a $0.20 annualized dividend and a dividend yield of 1.87%. The ex-dividend date is Thursday, March 14th.
Read our dividend analysis for RNGR.
Is Ranger Energy Services a good dividend stock?: Ranger Energy Services (NYSE:RNGR) pays an annual dividend of $0.20 per share and currently has a dividend yield of 1.80%. The dividend payout ratio is 20.83%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RNGR will have a dividend payout ratio of 15.87% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RNGR.

What other stocks do shareholders of Ranger Energy Services own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Ranger Energy Services investors own include Hawkins (HWKN), Bank of Hawaii (BOH), InterDigital (IDCC), STAG Industrial (STAG), Xtrackers California Municipal Bond ETF (CA), Bank of America (BAC), BlackRock (BLK), Genocea Biosciences (GNCA), Transocean (RIG) and Chipotle Mexican Grill (CMG).
When did Ranger Energy Services IPO?: Ranger Energy Services (RNGR) raised $85 million in an initial public offering (IPO) on Friday, August 11th 2017. The company issued 5,000,000 shares at a price of $16.00-$18.00 per share. Credit Suisse, Simmons & Company International (Energy Specialists of Piper Jaffray) and Wells Fargo Securities acted as the underwriters for the IPO and Barclays, Evercore ISI, Capital One Securities, Johnson Rice & Company, Raymond James and Scotia Howard Weil were co-managers.
Who are Ranger Energy Services' major shareholders?: Ranger Energy Services' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.61%). Insiders that own company stock include Byron A Dunn, Charles S Leykum, J Matt Hooker and Stuart Bodden.
View institutional ownership trends.
How do I buy shares of Ranger Energy Services?: Shares of RNGR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:RNGR) was last updated on 4/18/2024 by MarketBeat.com Staff

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