NYSE:RRCRange Resources Stock Price, Forecast & News

Range Resources' stock was trading at $1.94 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, RRC stock has increased by 244.3% and is now trading at $6.68. 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, 12 hold ratings and 1 buy rating 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 data on Thursday, April, 30th. The oil and gas exploration company reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.02) by $0.06. The oil and gas exploration company had revenue of $693.90 million for the quarter, compared to analyst estimates of $608.45 million. Range Resources had a negative net margin of 56.71% and a positive return on equity of 0.50%. The business's revenue was down 7.2% on a year-over-year basis. During the same quarter last year, the business posted $0.36 earnings per share. View Range Resources' earnings history.

Range Resources declared 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 dividend yield of 1.20%. The ex-dividend date of this dividend is Thursday, December 12th. View Range Resources' dividend history.

19 brokerages have issued 12 month price targets for Range Resources' shares. Their forecasts range from $2.00 to $11.00. On average, they anticipate Range Resources' stock price to reach $4.71 in the next year. This suggests that the stock has a possible downside of 29.6%. View analysts' price targets for Range Resources.

News stories about RRC stock have been trending negative recently, InfoTrie Sentiment reports. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Range Resources earned a media sentiment score of -2.4 on InfoTrie's scale. They also gave media stories about the oil and gas exploration company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news about Range Resources.

Range Resources saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 50,250,000 shares, a drop of 7.5% from the June 15th total of 54,340,000 shares. Based on an average trading volume of 10,900,000 shares, the days-to-cover ratio is presently 4.6 days. Currently, 20.2% of the company's stock are short sold. 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), Marathon Oil (MRO), Noble Energy (NBL), 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 a number of retail and institutional investors. Top institutional investors include Diversified Trust Co (0.01%). Company insiders that own Range Resources stock include David P Poole, James M Funk, 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 purchased 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 $6.68.

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]