NYSE:RRC Range Resources - RRC Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $24.24 -0.17 (-0.70%) (As of 03/22/2023 03:39 PM ET) Add Compare Share Share Today's Range$23.92▼$24.7850-Day Range$22.88▼$28.2652-Week Range$22.61▼$37.44Volume3.51 million shsAverage Volume5.42 million shsMarket Capitalization$5.83 billionP/E Ratio5.15Dividend Yield1.32%Price Target$34.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Range Resources MarketRank™ ForecastAnalyst RatingHold2.28 Rating ScoreUpside/Downside39.8% Upside$33.89 Price TargetShort InterestHealthy4.66% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-7.63Upright™ Environmental ScoreNews Sentiment0.62Based on 14 Articles This WeekInsider TradingN/AProj. Earnings Growth38.72%From $2.66 to $3.69 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.3.27 out of 5 starsOils/Energy Sector16th out of 242 stocksCrude Petroleum & Natural Gas Industry9th out of 78 stocks 4.2 Analyst's Opinion Consensus RatingRange Resources has received a consensus rating of Hold. The company's average rating score is 2.35, and is based on 9 buy ratings, 9 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $33.89, Range Resources has a forecasted upside of 39.8% from its current price of $24.24.Amount of Analyst CoverageRange Resources has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.66% 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 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Range Resources has recently increased by 11.83%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldRange Resources pays a meaningful dividend of 1.40%, 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 6.79%. 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 8.67% 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 3.1 News and Social Media Coverage News SentimentRange Resources has a news sentiment score of 0.62. 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 is a higher news sentiment than the 0.47 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Range Resources this week, compared to 4 articles on an average week.Search Interest31 people have searched for RRC on MarketBeat in the last 30 days. This is an increase of 158% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Range Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Range Resources insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.93% 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 38.72% in the coming year, from $2.66 to $3.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Range Resources is 5.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.65.Price to Earnings Ratio vs. SectorThe P/E ratio of Range Resources is 5.15, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 61.91.Price to Earnings Growth RatioRange Resources has a PEG Ratio of 0.30. 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 2.04. 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 HeadlinesMarch 21, 2023 | investing.comTudor Pickering Upgrades Range Resources to BuyMarch 18, 2023 | americanbankingnews.comRange Resources' (RRC) Outperform Rating Reiterated at Royal Bank of CanadaMarch 22, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK. March 17, 2023 | bizjournals.comHere's how Range Resources' CEO-in-waiting sees the road aheadMarch 17, 2023 | finanznachrichten.deRange Resources Corporation: Range Announces CEO Retirement and Succession PlanMarch 17, 2023 | seekingalpha.comRange Resources announces CEO retirementMarch 16, 2023 | bizjournals.comRange Resources CEO Jeff Ventura to retireMarch 16, 2023 | finance.yahoo.comRange Announces CEO Retirement and Succession PlanMarch 22, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecastMarch 16, 2023 | americanbankingnews.comAnalysts Issue Forecasts for Range Resources Co.'s Q1 2023 Earnings (NYSE:RRC)March 14, 2023 | americanbankingnews.comMizuho Cuts Range Resources (NYSE:RRC) Price Target to $29.00March 14, 2023 | americanbankingnews.comQ1 2023 Earnings Estimate for Range Resources Co. (NYSE:RRC) Issued By Capital One FinancialMarch 13, 2023 | americanbankingnews.comRange Resources Co. (NYSE:RRC) Announces Quarterly Dividend of $0.08March 13, 2023 | finance.yahoo.comRange Resources Corporation (NYSE:RRC) Q4 2022 Earnings Call TranscriptMarch 6, 2023 | finance.yahoo.comBear of the Day: Range Resources (RRC)March 6, 2023 | finance.yahoo.comPlaya Hotels & Resorts and Range Resources have been highlighted as Zacks Bull and Bear of the DayMarch 3, 2023 | finance.yahoo.comRange Resources Corporation (NYSE:RRC) Analysts Just Cut Their EPS Forecasts SubstantiallyMarch 2, 2023 | msn.comRange Resources (RRC) Declares $0.08 DividendMarch 1, 2023 | finance.yahoo.comDo Range Resources' (NYSE:RRC) Earnings Warrant Your Attention?March 1, 2023 | seekingalpha.comRange Resources declares $0.08 dividendMarch 1, 2023 | finanznachrichten.deRange Resources Corporation: Range Announces Fourth Quarter 2022 Results and 2023 GuidanceMarch 1, 2023 | finance.yahoo.comRange Resources (RRC) Tops Earnings & Revenue Estimates in Q4February 27, 2023 | msn.comRange Resources Non-GAAP EPS of $1.30 beats by $0.08, revenue of $1.63B beats by $674.57MFebruary 27, 2023 | finance.yahoo.comRange Announces Fourth Quarter 2022 Results and 2023 GuidanceFebruary 27, 2023 | finance.yahoo.comRange Resources (RRC) Surpasses Q4 Earnings EstimatesFebruary 25, 2023 | msn.comPioneer Natural Resources says not contemplating an acquisitionFebruary 24, 2023 | nasdaq.comRRC Crosses Above Key Moving Average LevelSee 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 Last Earnings10/25/2021Ex-Dividend for 12/30 Dividend12/14/2022Dividend Payable12/30/2022Ex-Dividend for 3/31 Dividend3/14/2023Today3/22/2023Dividend Payable3/31/2023Next Earnings (Estimated)4/25/2023Fiscal 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$33.89 High Stock Price Forecast$43.00 Low Stock Price Forecast$24.00 Forecasted Upside/Downside+39.5%Consensus RatingHold Rating Score (0-4)2.28 Research Coverage20 Analysts Profitability EPS (Most Recent Fiscal Year)$4.71 Trailing P/E Ratio5.18 Forward P/E Ratio9.17 P/E Growth0.3Net Income$1.18 billion Net Margins28.54% Pretax Margin34.09% Return on Equity57.62% Return on Assets18.58% Debt Debt-to-Equity Ratio0.64 Current Ratio0.53 Quick Ratio0.53 Sales & Book Value Annual Sales$4.15 billion Price / Sales1.41 Cash Flow$6.99 per share Price / Cash Flow3.49 Book Value$11.90 per share Price / Book2.05Miscellaneous Outstanding Shares240,620,000Free Float238,379,000Market Cap$5.87 billion OptionableOptionable Beta2.12 Social Links Key ExecutivesJeffrey L. VenturaPresident, Chief Executive Officer & DirectorDennis L. DegnerChief Operating Officer & Senior Vice PresidentMark S. ScucchiChief Financial Officer & Senior Vice PresidentDori A. GinnChief Accounting Officer, SVP & ControllerDavid P. PooleSecretary, Senior Vice President & General CounselKey CompetitorsMatador ResourcesNYSE:MTDRSouthwestern EnergyNYSE:SWNPDC EnergyNASDAQ:PDCESM EnergyNYSE:SMKosmos EnergyNYSE:KOSView All CompetitorsInsiders & InstitutionsB. Riley Wealth Advisors Inc.Bought 14,709 shares on 3/15/2023Ownership: 0.006%Goehring & Rozencwajg Associates LLCBought 1,004,975 shares on 3/1/2023Ownership: 0.416%Voya Investment Management LLCSold 8,541 shares on 2/28/2023Ownership: 0.068%Parallax Volatility Advisers L.P.Sold 39,200 shares on 2/27/2023Ownership: 0.000%NatixisSold 239,150 shares on 2/24/2023Ownership: 0.096%View All Insider TransactionsView All Institutional Transactions RRC Stock - Frequently Asked Questions Should I buy or sell Range Resources stock right now? 20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Range Resources in the last twelve months. There are currently 2 sell ratings, 9 hold ratings and 9 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. What is Range Resources' stock price forecast for 2023? 20 analysts have issued twelve-month target prices for Range Resources' stock. Their RRC share price forecasts range from $24.00 to $43.00. On average, they expect the company's share price to reach $33.89 in the next twelve months. This suggests a possible upside of 39.0% 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 at the beginning of 2023. Since then, RRC stock has decreased by 2.6% and is now trading at $24.38. View the best growth stocks for 2023 here. When is Range Resources' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023. View our RRC earnings forecast. How were Range Resources' earnings last quarter? Range Resources Co. (NYSE:RRC) announced its quarterly earnings results on Monday, October, 25th. The oil and gas exploration company reported $0.52 earnings per share for the quarter, missing analysts' consensus estimates of $0.54 by $0.02. The oil and gas exploration company earned $302.64 million during the quarter, compared to the consensus estimate of $719.15 million. Range Resources had a net margin of 28.54% and a trailing twelve-month return on equity of 57.62%. Range Resources's quarterly revenue was up 1.1% on a year-over-year basis. During the same quarter last year, the firm earned ($0.05) 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. Investors of record on Wednesday, March 15th will be paid a dividend of $0.08 per share on Friday, March 31st. This represents a $0.32 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date 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 Momentum ETF (XMMO), Invesco S&P MidCap 400 Pure Growth ETF (RFG), 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 1.40%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 6.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RRC will have a dividend payout ratio of 8.67% 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 approved a share buyback program on Tuesday, February 22nd 2022, which allows the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 9.6% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's management 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 shareholders include Dimensional Fund Advisors LP (2.90%), Exor Capital LLP (2.63%), KGH Ltd (1.89%), Geode Capital Management LLC (1.37%), Kopernik Global Investors LLC (1.36%) and Fuller & Thaler Asset Management Inc. (1.28%). Insiders that own company stock include David P Poole, Dennis Degner, Dori Ginn, Greg G Maxwell, James M Funk, 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 $24.38. How much money does Range Resources make? Range Resources (NYSE:RRC) has a market capitalization of $5.87 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 $4.71 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 3/22/2023 by MarketBeat.com Staff 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. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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