Range Resources - RRC Stock Forecast, Price & News

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Range Resources in the last year. There are currently 2 sell ratings, 8 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" RRC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RRC, but not buy additional shares or sell existing shares.
View RRC analyst ratings or view top-rated stocks.

16 Wall Street analysts have issued 12 month price objectives for Range Resources' stock. Their RRC share price forecasts range from $24.00 to $44.00. On average, they expect the company's share price to reach $33.94 in the next year. This suggests a possible upside of 38.1% from the stock's current price.
View analysts price targets for RRC or view top-rated stocks among Wall Street analysts.

Range Resources' stock was trading at $25.02 on January 1st, 2023. Since then, RRC shares have decreased by 1.8% and is now trading at $24.57.
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The company is scheduled to release its next quarterly earnings announcement on Monday, February 27th 2023.
View our RRC earnings forecast.

Range Resources will be holding an earnings conference call on Tuesday, February 28th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Range Resources Co. (NYSE:RRC) released its quarterly earnings results on Monday, October, 25th. The oil and gas exploration company reported $0.52 EPS for the quarter, missing the consensus estimate of $0.54 by $0.02. The oil and gas exploration company had revenue of $302.64 million for the quarter, compared to the consensus estimate of $719.15 million. Range Resources had a trailing twelve-month return on equity of 60.30% and a net margin of 30.87%. The business's revenue was up 1.1% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.05) earnings per share.

Range Resources declared a quarterly dividend on Thursday, December 1st. Shareholders of record on Thursday, December 15th will be given a dividend of $0.08 per share on Friday, December 30th. This represents a $0.32 annualized dividend and a dividend yield of 1.30%. The ex-dividend date is Wednesday, December 14th.
Read our dividend analysis for RRC.

Range Resources (NYSE:RRC) pays an annual dividend of $0.32 per share and currently has a dividend yield of 1.27%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 6.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RRC will have a dividend payout ratio of 8.84% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RRC.

Range Resources announced that its Board of Directors has approved a stock buyback program 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 reacquire up to 9.6% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board of directors believes its stock is undervalued.

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.

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).

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 shareholders include New York State Common Retirement Fund (0.16%), Congress Asset Management Co. MA (0.13%), New York State Teachers Retirement System (0.13%), Panview Asian Equity Master Fund (0.11%), Phocas Financial Corp. (0.09%) and Comerica Bank (0.05%). Insiders that own company stock include David P Poole, Dennis Degner, Dori Ginn, Greg G Maxwell, James M Funk, Jeffrey L Ventura, Mark Scucchi, Reginal Spiller and Steffen E Palko.
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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.
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One share of RRC stock can currently be purchased for approximately $24.57.

Range Resources (NYSE:RRC) has a market capitalization of $5.94 billion and generates $5.41 billion in revenue each year. The oil and gas exploration company earns $411.78 million in net income (profit) each year or $4.87 on an earnings per share basis.

The company employs 527 workers across the globe.

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.