NYSE:RRCRange Resources Stock Price, Forecast & News

Range Resources' stock was trading at $1.94 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, RRC stock has increased by 223.7% and is now trading at $6.28. View which stocks have been most impacted by Coronavirus.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Range Resources in the last year. There are currently 6 sell ratings and 12 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) announced its quarterly earnings data on Thursday, April, 30th. The oil and gas exploration company reported $0.04 earnings per share (EPS) for the quarter, beating the Zacks' 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 analysts' expectations of $608.45 million. Range Resources had a negative net margin of 56.71% and a positive return on equity of 0.50%. Range Resources's quarterly revenue was down 7.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $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 given a dividend of $0.02 per share on Monday, December 30th. This represents a $0.08 annualized dividend and a dividend yield of 1.27%. The ex-dividend date is Thursday, December 12th. View Range Resources' dividend history.

18 analysts have issued 12 month target prices for Range Resources' stock. Their forecasts range from $2.00 to $7.00. On average, they anticipate Range Resources' stock price to reach $3.94 in the next twelve months. This suggests that the stock has a possible downside of 37.2%. View analysts' price targets for Range Resources.

News coverage about RRC stock has trended somewhat negative recently, according to InfoTrie Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. 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 -1.7 on InfoTrie's scale. They also gave headlines about the oil and gas exploration company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutRange Resources.

Range Resources saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 64,450,000 shares, a drop of 9.2% from the April 30th total of 70,980,000 shares. Based on an average daily trading volume, of 14,250,000 shares, the short-interest ratio is presently 4.5 days. Currently, 25.8% of the company's stock 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 a number of retail and institutional investors. Top institutional investors include State Street Corp (11.89%), BlackRock Inc. (10.23%), Kopernik Global Investors LLC (4.87%), Russell Investments Group Ltd. (3.57%), Nuveen Asset Management LLC (3.35%) and Contrarius Investment Management Ltd (2.85%). 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 sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, BlackRock Inc., Fuller & Thaler Asset Management Inc., Schroder Investment Management Group, Invesco Ltd., Bank of New York Mellon Corp, Rafferty Asset Management LLC, and WS Management Lllp. View insider buying and selling activity for Range Resources.

RRC stock was purchased by a variety of institutional investors in the last quarter, including State Street Corp, Nuveen Asset Management LLC, Exor Investments UK LLP, Arosa Capital Management LP, Russell Investments Group Ltd., Deutsche Bank AG, Matarin Capital Management LLC, and Geode Capital Management LLC. 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 $6.28.

Range Resources has a market capitalization of $1.61 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]