NYSE:RRCRange Resources Stock Price, Forecast & News

Range Resources' stock was trading at $1.94 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, RRC stock has increased by 245.4% and is now trading at $6.70. View which stocks have been most impacted by Coronavirus.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Range Resources in the last year. There are currently 6 sell ratings and 13 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Range Resources.

Range Resources is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for Range Resources.

Range Resources Corp. (NYSE:RRC) issued its quarterly earnings results on Thursday, April, 30th. The oil and gas exploration company reported $0.04 EPS for the quarter, beating the Zacks' consensus estimate of ($0.02) by $0.06. The oil and gas exploration company earned $693.90 million during the quarter, compared to analysts' expectations of $608.45 million. Range Resources had a positive return on equity of 0.50% and a negative net margin of 56.71%. The firm's quarterly revenue was down 7.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.36 earnings per share. View Range Resources' earnings history.

Range Resources announced a quarterly dividend on Wednesday, December 4th. Stockholders of record on Friday, December 13th will be paid a dividend of $0.02 per share on Monday, December 30th. This represents a $0.08 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date of this dividend is Thursday, December 12th. View Range Resources' dividend history.

19 analysts have issued twelve-month target prices for Range Resources' stock. Their forecasts range from $2.00 to $11.00. On average, they expect Range Resources' share price to reach $4.54 in the next twelve months. This suggests that the stock has a possible downside of 32.3%. View analysts' price targets for Range Resources.

News articles about RRC stock have trended negative recently, according to InfoTrie. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Range Resources earned a daily sentiment score of -2.1 on InfoTrie's scale. They also assigned media stories about the oil and gas exploration company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Range Resources.

Range Resources saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 50,250,000 shares, a decrease of 7.5% from the June 15th total of 54,340,000 shares. Based on an average daily volume of 10,900,000 shares, the days-to-cover ratio is presently 4.6 days. Currently, 20.2% of the company's shares are sold short. View Range Resources' Current Options Chain.

Some companies that are related to Range Resources include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Cabot Oil & Gas (COG), Diamondback Energy (FANG), Continental Resources (CLR), Apache (APA), Noble Energy (NBL), Marathon Oil (MRO), Devon Energy (DVN), EQT (EQT), WPX Energy (WPX), Cimarex Energy (XEC) and Southwestern Energy (SWN). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Range Resources investors own include Chesapeake Energy (CHK), Callon Petroleum (CPE), Intel (INTC), General Electric (GE), Alibaba Group (BABA), Cisco Systems (CSCO), Apache (APA), Cabot Oil & Gas (COG), Micron Technology (MU) and Advanced Micro Devices (AMD).

Range Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "RRC."

Range Resources' stock is owned by many different institutional and retail investors. Top institutional investors include Diversified Trust Co (0.01%). Company insiders that own Range Resources stock include David P Poole, James M Funk, Jeffrey L Ventura, Margaret K Dorman, Mark Scucchi, Sailingstone Capital Partners, Steffen E Palko and Steven D Gray. View institutional ownership trends for Range Resources.

RRC stock was bought by a variety of institutional investors in the last quarter, including Diversified Trust Co. Company insiders that have bought Range Resources stock in the last two years include James M Funk, Margaret K Dorman, Mark Scucchi, Sailingstone Capital Partners, Steffen E Palko, and Steven D Gray. View insider buying and selling activity for Range Resources.

Shares of RRC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of RRC stock can currently be purchased for approximately $6.70.

Range Resources has a market capitalization of $1.71 billion and generates $2.83 billion in revenue each year. The oil and gas exploration company earns $-1,716,300,000.00 in net income (profit) each year or $0.40 on an earnings per share basis. Range Resources employs 796 workers across the globe.

The official website for Range Resources is www.rangeresources.com.

Range Resources' mailing address is 100 THROCKMORTON STREET STE. 1200, FORT WORTH TX, 76102. The oil and gas exploration company can be reached via phone at 817-870-2601 or via email at [email protected]