NYSE:RRC Range Resources (RRC) Stock Forecast, Price & News $32.80 +0.66 (+2.05%) (As of 09/28/2023 ET) Add Compare Share Share Today's Range$31.93▼$32.8550-Day Range$29.98▼$33.5452-Week Range$22.61▼$34.54Volume2.44 million shsAverage Volume3.95 million shsMarket Capitalization$7.89 billionP/E Ratio4.77Dividend Yield0.98%Price Target$35.05 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Range Resources MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside6.9% Upside$35.05 Price TargetShort InterestBearish7.91% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-7.63Upright™ Environmental ScoreNews Sentiment1.25Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth42.05%From $1.95 to $2.77 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.52 out of 5 starsOils/Energy Sector64th out of 245 stocksCrude Petroleum & Natural Gas Industry33rd out of 81 stocks 2.3 Analyst's Opinion Consensus RatingRange Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 13 buy ratings, 7 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $35.05, Range Resources has a forecasted upside of 6.9% from its current price of $32.79.Amount of Analyst CoverageRange Resources has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.91% of the float of Range Resources has been sold short.Short Interest Ratio / Days to CoverRange Resources has a short interest ratio ("days to cover") of 7.4.Change versus previous monthShort interest in Range Resources has recently increased by 11.51%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldRange Resources pays a meaningful dividend of 1.04%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthRange Resources has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Range Resources is 4.66%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Range Resources will have a dividend payout ratio of 11.55% next year. This indicates that Range Resources will be able to sustain or increase its dividend. Previous Next 1.1 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreRange Resources has received a -45.24% net impact score from Upright. The largest negative impact of Range Resources in category "GHG emissions" seems to be driven mostly by its "Natural gas exploration services", "Crude natural gas", and "Crude oil" products. See details.Environmental SustainabilityThe Environmental Impact score for Range Resources is -7.63. Previous Next 3.5 News and Social Media Coverage News SentimentRange Resources has a news sentiment score of 1.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Range Resources this week, compared to 5 articles on an average week.Search InterestOnly 1 people have searched for RRC on MarketBeat in the last 30 days. This is a decrease of -88% compared to the previous 30 days.MarketBeat Follows97 people have added Range Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 4,750% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Range Resources insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.57% of the stock of Range Resources is held by insiders.Percentage Held by Institutions94.73% of the stock of Range Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Range Resources are expected to grow by 42.05% in the coming year, from $1.95 to $2.77 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Range Resources is 4.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.92.Price to Earnings Ratio vs. SectorThe P/E ratio of Range Resources is 4.77, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.72.Price to Earnings Growth RatioRange Resources has a PEG Ratio of 0.56. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioRange Resources has a P/B Ratio of 2.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Range Resources (NYSE:RRC) StockRange Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), and oil company in the United States. The company engages in the exploration, development, and acquisition of natural gas and oil properties. It markets and sells natural gas and NGLs to utilities, marketing and midstream companies, and industrial users; petrochemical end users, marketers/traders, and natural gas processors; and oil and condensate to crude oil processors, transporters, and refining and marketing companies. The company was formerly known as Lomak Petroleum, Inc. and changed its name to Range Resources Corporation in 1998. The company was founded in 1976 and is headquartered in Fort Worth, Texas.Read More RRC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RRC Stock News HeadlinesAugust 30, 2023 | marketbeat.com3 Undervalued Mid-Cap Stocks to Buy in August (RRC)Mid-cap stocks historically start to recover before the broader economy here are three undervalued mid-cap stocks that offer strong growth potentialSeptember 28, 2023 | americanbankingnews.comBank of America Boosts Range Resources (NYSE:RRC) Price Target to $47.00September 28, 2023 | Micro-Cap Stock Trader (Ad)Unlock the treasure on Mount Olympus with this little-known mining stock.Investor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsSeptember 27, 2023 | seekingalpha.comA Path To A >20% Distribution Yield: Why I'm So Bullish On Range ResourcesSeptember 25, 2023 | americanbankingnews.comRange Resources Co. (NYSE:RRC) Forecasted to Earn Q3 2023 Earnings of $0.25 Per ShareSeptember 20, 2023 | americanbankingnews.comMizuho Increases Range Resources (NYSE:RRC) Price Target to $39.00September 15, 2023 | msn.comRange Resources raised to Buy, CNX cut to Sell equivalent at ScotiabankSeptember 11, 2023 | markets.businessinsider.comTruist Securities Maintains Hold Rating for Range Resources: Here's What You Need To KnowSeptember 28, 2023 | Micro-Cap Stock Trader (Ad)Unlock the treasure on Mount Olympus with this little-known mining stock.Investor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsSeptember 9, 2023 | finance.yahoo.comRange Resources Corporation (NYSE:RRC) Passed Our Checks, And It's About To Pay A US$0.08 DividendSeptember 4, 2023 | finance.yahoo.comRange Resources (NYSE:RRC) Is Due To Pay A Dividend Of $0.08September 1, 2023 | markets.businessinsider.comWells Fargo Sticks to Its Buy Rating for Range Resources (RRC)August 31, 2023 | finance.yahoo.comDevon Energy (DVN) Up 1.9% Since Last Earnings Report: Can It Continue?August 23, 2023 | thestreet.comRange Reaches New 52-Week High (RRC)August 23, 2023 | finance.yahoo.comWhy Is Range Resources (RRC) Up 4.7% Since Last Earnings Report?August 17, 2023 | msn.comUBS Maintains Range Resources (RRC) Sell RecommendationAugust 16, 2023 | msn.comMizuho Maintains Range Resources (RRC) Buy RecommendationAugust 14, 2023 | msn.comSeibert Williams Downgrades Range Resources (RRC)August 9, 2023 | fxstreet.com$RRC: Gas Producer Range Resources Starting Next Bullish CycleAugust 8, 2023 | finance.yahoo.comIf EPS Growth Is Important To You, Range Resources (NYSE:RRC) Presents An OpportunityJuly 29, 2023 | finance.yahoo.comRRC Jul 2023 31.000 putJuly 27, 2023 | markets.businessinsider.comRange Resources (RRC) Receives a Hold from CitiJuly 27, 2023 | msn.comWells Fargo Maintains Range Resources (RRC) Overweight RecommendationJuly 26, 2023 | finance.yahoo.comQ2 2023 Range Resources Corp Earnings CallJuly 26, 2023 | finance.yahoo.comWith natural gas prices down, Range will continue steady drilling paceJuly 25, 2023 | finanznachrichten.deRange Resources Corporation: Range Announces Second Quarter 2023 ResultsJuly 25, 2023 | markets.businessinsider.comBank of America Securities Reaffirms Their Buy Rating on Range Resources (RRC)See More Headlines Receive RRC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Range Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address RRC Company Calendar Ex-Dividend for 6/30 Dividend6/15/2023Dividend Payable6/30/2023Last Earnings7/24/2023Ex-Dividend for 9/29 Dividend9/14/2023Today9/28/2023Dividend Payable9/29/2023Next Earnings (Estimated)10/23/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Crude petroleum & natural gas Sub-IndustryOil & Gas Exploration & Production SectorOils/Energy Current SymbolNYSE:RRC CUSIP75281A10 CIK315852 Webwww.rangeresources.com Phone(817) 870-2601Fax817-869-9100Employees544Year Founded1976Price Target and Rating Average Stock Price Forecast$35.05 High Stock Price Forecast$47.00 Low Stock Price Forecast$20.00 Forecasted Upside/Downside+7.2%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage22 Analysts Profitability EPS (Most Recent Fiscal Year)$6.87 Trailing P/E Ratio4.76 Forward P/E Ratio16.77 P/E Growth0.56Net Income$1.18 billion Net Margins37.22% Pretax Margin45.54% Return on Equity31.85% Return on Assets13.73% Debt Debt-to-Equity Ratio0.52 Current Ratio0.86 Quick Ratio0.86 Sales & Book Value Annual Sales$4.15 billion Price / Sales1.90 Cash Flow$6.94 per share Price / Cash Flow4.71 Book Value$11.90 per share Price / Book2.75Miscellaneous Outstanding Shares240,620,000Free Float236,839,000Market Cap$7.87 billion OptionableOptionable Beta2.12 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Dennis L. Degner (Age 50)CEO, Pres & Director Comp: $1.03MMr. Mark S. Scucchi (Age 45)Exec. VP & CFO Comp: $1.03MMr. Alan W. Farquharson (Age 65)Sr. VP of Reservoir Engineering & Economics Comp: $723.35kMs. Dori A. Ginn (Age 65)Sr. VP, Controller & Principal Accounting Officer Laith SandoVP of Investor RelationsMs. Erin W. McDowellSr. VP, Gen. Counsel & Corp. Sec.Mark WindleMang. of Corp. CommunicationsMs. Juli G. BasingerVP of HRMore ExecutivesKey CompetitorsMatador ResourcesNYSE:MTDRSouthwestern EnergyNYSE:SWNPDC EnergyNASDAQ:PDCESM EnergyNYSE:SMKosmos EnergyNYSE:KOSView All CompetitorsInsiders & InstitutionsBarclays PLCBought 394,655 shares on 9/21/2023Ownership: 0.251%Portside Wealth Group LLCBought 72,842 shares on 9/1/2023Ownership: 0.030%Delphi Management Inc. MABought 42,921 shares on 8/28/2023Ownership: 0.018%Wolverine Trading LLCSold 5,900 shares on 8/23/2023Ownership: 0.000%Virginia Retirement Systems ET ALBought 81,900 shares on 8/22/2023Ownership: 0.034%View All Insider TransactionsView All Institutional Transactions RRC Stock - Frequently Asked Questions Should I buy or sell Range Resources stock right now? 22 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Range Resources in the last twelve months. There are currently 2 sell ratings, 7 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" RRC shares. View RRC analyst ratings or view top-rated stocks. What is Range Resources' stock price forecast for 2023? 22 brokerages have issued twelve-month target prices for Range Resources' stock. Their RRC share price forecasts range from $20.00 to $47.00. On average, they anticipate the company's stock price to reach $35.05 in the next year. This suggests a possible upside of 7.2% from the stock's current price. View analysts price targets for RRC or view top-rated stocks among Wall Street analysts. How have RRC shares performed in 2023? Range Resources' stock was trading at $25.02 on January 1st, 2023. Since then, RRC stock has increased by 30.7% and is now trading at $32.70. View the best growth stocks for 2023 here. When is Range Resources' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, October 23rd 2023. View our RRC earnings forecast. How were Range Resources' earnings last quarter? Range Resources Co. (NYSE:RRC) posted its quarterly earnings results on Monday, July, 24th. The oil and gas exploration company reported $0.30 EPS for the quarter, topping analysts' consensus estimates of $0.22 by $0.08. The oil and gas exploration company earned $637 million during the quarter, compared to analysts' expectations of $567.67 million. Range Resources had a net margin of 37.22% and a trailing twelve-month return on equity of 31.85%. The business's revenue was down 48.0% on a year-over-year basis. During the same quarter last year, the business earned $1.23 earnings per share. How often does Range Resources pay dividends? What is the dividend yield for Range Resources? Range Resources announced a quarterly dividend on Thursday, August 31st. Investors of record on Friday, September 15th will be paid a dividend of $0.08 per share on Friday, September 29th. This represents a $0.32 annualized dividend and a yield of 0.98%. The ex-dividend date is Thursday, September 14th. Read our dividend analysis for RRC. What ETFs hold Range Resources' stock? ETFs with the largest weight of Range Resources (NYSE:RRC) stock in their portfolio include First Trust Energy AlphaDEX Fund (FXN), First Trust Natural Gas ETF (FCG), Invesco Energy Exploration & Production ETF (PXE), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), Invesco S&P MidCap 400 Pure Growth ETF (RFG), Alpha Architect U.S. Quantitative Value ETF (QVAL), Grizzle Growth ETF (GRZZ) and First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF). Is Range Resources a good dividend stock? Range Resources (NYSE:RRC) pays an annual dividend of $0.32 per share and currently has a dividend yield of 1.04%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 4.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RRC will have a dividend payout ratio of 11.55% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for RRC. How will Range Resources' stock buyback program work? Range Resources announced that its board has initiated a stock repurchase plan on Tuesday, February 22nd 2022, which permits the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy up to 9.6% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's management believes its shares are undervalued. What is Jeffrey L. Ventura's approval rating as Range Resources' CEO? 8 employees have rated Range Resources Chief Executive Officer Jeffrey L. Ventura on Glassdoor.com. Jeffrey L. Ventura has an approval rating of 41% among the company's employees. This puts Jeffrey L. Ventura in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Range Resources own? Based on aggregate information from My MarketBeat watchlists, some companies that other Range Resources investors own include Chesapeake Energy (CHKAQ), Callon Petroleum (CPE), Advanced Micro Devices (AMD), Intel (INTC), Micron Technology (MU), Ford Motor (F), General Electric (GE), Alibaba Group (BABA) and Cisco Systems (CSCO). What is Range Resources' stock symbol? Range Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "RRC." Who are Range Resources' major shareholders? Range Resources' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (9.28%), State Street Corp (4.32%), Dimensional Fund Advisors LP (2.57%), Renaissance Technologies LLC (1.52%), Geode Capital Management LLC (1.46%) and Kopernik Global Investors LLC (1.37%). Insiders that own company stock include David P Poole, Dennis Degner, Dori Ginn, Erin W Mcdowell, Greg G Maxwell, Jeffrey L Ventura, Mark Scucchi and Reginal Spiller. View institutional ownership trends. How do I buy shares of Range Resources? Shares of RRC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Range Resources' stock price today? One share of RRC stock can currently be purchased for approximately $32.70. How much money does Range Resources make? Range Resources (NYSE:RRC) has a market capitalization of $7.87 billion and generates $4.15 billion in revenue each year. The oil and gas exploration company earns $1.18 billion in net income (profit) each year or $6.87 on an earnings per share basis. How many employees does Range Resources have? The company employs 544 workers across the globe. How can I contact Range Resources? Range Resources' mailing address is 100 THROCKMORTON STREET STE. 1200, FORT WORTH TX, 76102. The official website for the company is www.rangeresources.com. The oil and gas exploration company can be reached via phone at (817) 870-2601, via email at lsando@rangeresources.com, or via fax at 817-869-9100. This page (NYSE:RRC) was last updated on 9/28/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Range Resources Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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