NYSE:RRC Range Resources (RRC) Stock Forecast, Price & News $27.55 -1.46 (-5.03%) (As of 05/30/2023 ET) Add Compare Share Share Today's Range$26.78▼$28.4350-Day Range$23.96▼$29.8052-Week Range$22.61▼$37.44Volume7.01 million shsAverage Volume4.82 million shsMarket Capitalization$6.65 billionP/E Ratio3.23Dividend Yield1.16%Price Target$32.52 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Range Resources MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside18.1% Upside$32.52 Price TargetShort InterestHealthy3.25% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-7.63Upright™ Environmental ScoreNews Sentiment0.41Based on 10 Articles This WeekInsider TradingSelling Shares$9.76 M Sold Last QuarterProj. Earnings Growth34.82%From $2.24 to $3.02 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.3.15 out of 5 starsOils/Energy Sector13th out of 249 stocksCrude Petroleum & Natural Gas Industry7th out of 79 stocks 3.3 Analyst's Opinion Consensus RatingRange Resources has received a consensus rating of 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 $32.52, Range Resources has a forecasted upside of 18.1% from its current price of $27.55.Amount of Analyst CoverageRange Resources has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.25% 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 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Range Resources has recently decreased by 13.42%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldRange Resources pays a meaningful dividend of 1.10%, 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 3.76%. 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 10.60% 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 1.9 News and Social Media Coverage News SentimentRange Resources has a news sentiment score of 0.41. 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 news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Range Resources this week, compared to 6 articles on an average week.Search InterestOnly 10 people have searched for RRC on MarketBeat in the last 30 days. This is a decrease of -17% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Range Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Range Resources insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $9,755,245.00 in company stock.Percentage Held by InsidersOnly 1.57% of the stock of Range Resources is held by insiders.Percentage Held by Institutions87.32% 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 34.82% in the coming year, from $2.24 to $3.02 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Range Resources is 3.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.01.Price to Earnings Ratio vs. SectorThe P/E ratio of Range Resources is 3.23, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 50.61.Price to Earnings Growth RatioRange Resources has a PEG Ratio of 0.46. 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 2.32. 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 Corp. engages in the exploration, development and acquisition of natural gas and oil properties in the Appalachian and Midcontinent regions. The company was founded in 1976 and is headquartered in Fort Worth, TX.Read More 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 Stock News HeadlinesMay 27, 2023 | americanbankingnews.comRange Resources (NYSE:RRC) Lifted to Neutral at The Goldman Sachs GroupMay 26, 2023 | americanbankingnews.comRange Resources (NYSE:RRC) Raised to Neutral at The Goldman Sachs GroupMay 30, 2023 | Legacy Research (Affiliate) (Ad)“Amazon Loophole” could hand you $28,544 in “royalty” payoutsThanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.May 25, 2023 | msn.comSouthwestern Energy cut to Sell at Goldman Sachs on weak balance sheetMay 25, 2023 | americanbankingnews.comInsider Selling: Range Resources Co. (NYSE:RRC) SVP Sells 40,000 Shares of StockMay 24, 2023 | msn.comRange Resources (RRC) Up 16.5% Since Last Earnings Report: Can It Continue?May 23, 2023 | americanbankingnews.comRange Resources (NYSE:RRC) Upgraded to "Buy" at MizuhoMay 22, 2023 | americanbankingnews.comRange Resources (NYSE:RRC) Raised to "Buy" at MizuhoMay 30, 2023 | Legacy Research (Affiliate) (Ad)“Amazon Loophole” could hand you $28,544 in “royalty” payoutsThanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.May 22, 2023 | markets.businessinsider.com19 Analysts Have This to Say About Range ResourcesMay 22, 2023 | americanbankingnews.comRange Resources (NYSE:RRC) PT Raised to $33.00 at Stifel NicolausMay 20, 2023 | americanbankingnews.comInsider Selling: Range Resources Co. (NYSE:RRC) CEO Sells $2,711,610.00 in StockMay 20, 2023 | americanbankingnews.comRange Resources Co. (NYSE:RRC) CFO Sells $4,190,670.00 in StockMay 19, 2023 | finance.yahoo.comRange Resources Has Made an Upside BreakoutMay 19, 2023 | msn.comMizuho Upgrades Range Resources (RRC)May 15, 2023 | americanbankingnews.comRange Resources Co. (NYSE:RRC) Receives $32.29 Consensus Price Target from AnalystsMay 7, 2023 | americanbankingnews.comRange Resources Co. to Post Q4 2023 Earnings of $0.37 Per Share, Zacks Research Forecasts (NYSE:RRC)May 4, 2023 | finance.yahoo.comNeed To Know: Analysts Are Much More Bullish On Range Resources Corporation (NYSE:RRC) RevenuesMay 3, 2023 | seekingalpha.comRange Resources: Home On The RangeApril 29, 2023 | americanbankingnews.comStifel Nicolaus Lowers Range Resources (NYSE:RRC) Price Target to $29.00April 28, 2023 | seekingalpha.comRange Resources Has Long-Term Value PotentialApril 28, 2023 | americanbankingnews.comRange Resources Co. to Post Q3 2023 Earnings of $0.52 Per Share, Capital One Financial Forecasts (NYSE:RRC)April 27, 2023 | americanbankingnews.comBenchmark Upgrades Range Resources (NYSE:RRC) to BuyApril 26, 2023 | msn.comTruist Securities Maintains Range Resources (RRC) Hold RecommendationApril 26, 2023 | markets.businessinsider.comAnalysts Offer Insights on Utilities Companies: Range Resources (RRC) and Vista Oil & Gas SAB de CV (VIST)April 26, 2023 | americanbankingnews.comStephens Initiates Coverage on Range Resources (NYSE:RRC)April 26, 2023 | finance.yahoo.comQ1 2023 Range Resources Corp Earnings CallSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 3/31 Dividend3/14/2023Dividend Payable3/31/2023Last Earnings4/24/2023Today5/30/2023Next Earnings (Estimated)7/24/2023Fiscal 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) 870-2601Fax817-869-9100Employees527Year Founded1976Price Target and Rating Average Stock Price Forecast$32.52 High Stock Price Forecast$40.00 Low Stock Price Forecast$20.00 Forecasted Upside/Downside+18.7%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage22 Analysts Profitability EPS (Most Recent Fiscal Year)$8.52 Trailing P/E Ratio3.22 Forward P/E Ratio12.24 P/E Growth0.46Net Income$1.18 billion Net Margins41.18% Pretax Margin50.27% Return on Equity45.55% Return on Assets17.39% Debt Debt-to-Equity Ratio0.55 Current Ratio0.92 Quick Ratio0.92 Sales & Book Value Annual Sales$4.15 billion Price / Sales1.59 Cash Flow$6.19 per share Price / Cash Flow4.43 Book Value$11.90 per share Price / Book2.30Miscellaneous Outstanding Shares241,290,000Free Float237,498,000Market Cap$6.61 billion OptionableOptionable Beta2.13 Social Links Key ExecutivesDennis L. DegnerPresident, Chief Executive Officer & DirectorMark S. ScucchiChief Financial Officer & Executive Vice PresidentDori A. GinnChief Accounting Officer, SVP & ControllerK. Scott RoySVP & Head-Government RelationsErin W. McdowellSecretary, Senior Vice President & General CounselKey CompetitorsPDC EnergyNASDAQ:PDCESouthwestern EnergyNYSE:SWNMatador ResourcesNYSE:MTDRSM EnergyNYSE:SMKosmos EnergyNYSE:KOSView All CompetitorsInsiders & InstitutionsProShare Advisors LLCSold 15,269 shares on 5/26/2023Ownership: 0.006%Brandywine Global Investment Management LLCSold 9,298 shares on 5/25/2023Ownership: 0.062%Royce & Associates LPBought 61,370 shares on 5/23/2023Ownership: 0.025%Toroso Investments LLCBought 15,274 shares on 5/23/2023Ownership: 0.012%Putnam Investments LLCSold 1,816 shares on 5/22/2023Ownership: 0.048%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 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 research analysts is that investors should "buy" RRC shares. View RRC analyst ratings or view top-rated stocks. What is Range Resources' stock price forecast for 2023? 22 equities research analysts have issued twelve-month price objectives for Range Resources' stock. Their RRC share price forecasts range from $20.00 to $40.00. On average, they predict the company's share price to reach $32.52 in the next year. This suggests a possible upside of 18.7% 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 shares have increased by 9.6% and is now trading at $27.41. View the best growth stocks for 2023 here. Are investors shorting Range Resources? Range Resources saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 7,610,000 shares, a decline of 13.4% from the April 30th total of 8,790,000 shares. Based on an average daily volume of 4,810,000 shares, the days-to-cover ratio is presently 1.6 days. Approximately 3.3% of the shares of the company are short sold. View Range Resources' Short Interest. When is Range Resources' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, July 24th 2023. View our RRC earnings forecast. How were Range Resources' earnings last quarter? Range Resources Co. (NYSE:RRC) released its quarterly earnings results on Monday, April, 24th. The oil and gas exploration company reported $0.99 earnings per share for the quarter, beating analysts' consensus estimates of $0.71 by $0.28. The oil and gas exploration company had revenue of $1.19 billion for the quarter, compared to analyst estimates of $772.38 million. Range Resources had a trailing twelve-month return on equity of 45.55% and a net margin of 41.18%. The company's quarterly revenue was up 556.4% on a year-over-year basis. During the same period last year, the company earned $1.18 EPS. How often does Range Resources pay dividends? What is the dividend yield for Range Resources? Range Resources declared a quarterly dividend on Wednesday, March 1st. Stockholders of record on Wednesday, March 15th will be given a dividend of $0.08 per share on Friday, March 31st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.17%. The ex-dividend date of this dividend is Tuesday, March 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), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), Invesco S&P MidCap 400 Pure Growth ETF (RFG), First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF), Invesco S&P MidCap Quality ETF (XMHQ), Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (GUSH) and Grizzle Growth ETF (GRZZ). 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 1.10%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 3.76%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RRC will have a dividend payout ratio of 10.60% 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 declared that its board has authorized a share repurchase plan on Tuesday, February 22nd 2022, which allows the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 9.6% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board 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 a number of retail and institutional investors. Top institutional investors include FMR LLC (12.00%), BlackRock Inc. (9.71%), State Street Corp (4.57%), Exor Capital LLP (2.89%), Dimensional Fund Advisors LP (2.49%) and Renaissance Technologies LLC (1.66%). 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 $27.41. How much money does Range Resources make? Range Resources (NYSE:RRC) has a market capitalization of $6.61 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 $8.52 on an earnings per share basis. How many employees does Range Resources have? The company employs 527 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 5/30/2023 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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