Q1 EPS Estimates for Range Resources Increased by Analyst

Range Resources Co. (NYSE:RRC - Free Report) - Analysts at Zacks Research raised their Q1 2025 earnings per share estimates for Range Resources in a research report issued on Monday, April 14th. Zacks Research analyst R. Department now expects that the oil and gas exploration company will earn $0.92 per share for the quarter, up from their prior forecast of $0.78. The consensus estimate for Range Resources' current full-year earnings is $2.02 per share. Zacks Research also issued estimates for Range Resources' Q4 2025 earnings at $0.89 EPS, FY2025 earnings at $3.10 EPS, Q1 2026 earnings at $1.07 EPS, Q2 2026 earnings at $0.70 EPS, Q3 2026 earnings at $0.86 EPS, Q4 2026 earnings at $0.89 EPS and FY2026 earnings at $3.52 EPS.

RRC has been the subject of several other reports. Morgan Stanley set a $41.00 price objective on shares of Range Resources in a research report on Tuesday, April 15th. Barclays set a $43.00 target price on Range Resources and gave the stock an "equal weight" rating in a research note on Thursday, February 27th. Truist Financial increased their price target on shares of Range Resources from $35.00 to $37.00 and gave the company a "hold" rating in a research note on Monday, March 17th. UBS Group dropped their target price on shares of Range Resources from $37.00 to $36.00 and set a "neutral" rating on the stock in a research report on Thursday, April 17th. Finally, Wolfe Research raised shares of Range Resources from a "peer perform" rating to an "outperform" rating and set a $42.00 price target for the company in a research report on Friday, January 3rd. Two analysts have rated the stock with a sell rating, twelve have given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Range Resources currently has a consensus rating of "Hold" and a consensus price target of $41.38.

Range Resources Stock Up 3.2 %

Shares of RRC stock traded up $1.04 during trading hours on Thursday, reaching $33.66. 1,241,189 shares of the stock were exchanged, compared to its average volume of 2,939,900. The business's fifty day moving average is $37.11 and its two-hundred day moving average is $35.71. The firm has a market capitalization of $8.12 billion, a P/E ratio of 17.01, a P/E/G ratio of 5.11 and a beta of 1.73. Range Resources has a 12-month low of $27.29 and a 12-month high of $41.95. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.54 and a quick ratio of 0.54.

Range Resources (NYSE:RRC - Get Free Report) last released its earnings results on Tuesday, February 25th. The oil and gas exploration company reported $0.68 EPS for the quarter, topping the consensus estimate of $0.55 by $0.13. The firm had revenue of $626.42 million during the quarter, compared to analysts' expectations of $676.53 million. Range Resources had a return on equity of 13.69% and a net margin of 17.63%. During the same period in the previous year, the firm posted $0.63 EPS.

Institutional Investors Weigh In On Range Resources

A number of institutional investors and hedge funds have recently modified their holdings of the company. Fuller & Thaler Asset Management Inc. raised its stake in shares of Range Resources by 71.3% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 5,057,280 shares of the oil and gas exploration company's stock worth $181,961,000 after buying an additional 2,104,304 shares during the last quarter. Wellington Management Group LLP acquired a new position in shares of Range Resources during the 4th quarter worth approximately $33,684,000. Amundi lifted its stake in Range Resources by 233.2% in the 4th quarter. Amundi now owns 1,180,913 shares of the oil and gas exploration company's stock valued at $44,308,000 after buying an additional 826,530 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Range Resources by 9.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 7,330,676 shares of the oil and gas exploration company's stock valued at $263,768,000 after buying an additional 624,955 shares during the last quarter. Finally, Northern Trust Corp increased its position in Range Resources by 37.1% during the fourth quarter. Northern Trust Corp now owns 2,238,863 shares of the oil and gas exploration company's stock worth $80,554,000 after buying an additional 605,315 shares in the last quarter. Institutional investors and hedge funds own 98.93% of the company's stock.

Range Resources Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.07%. This is an increase from Range Resources's previous quarterly dividend of $0.08. The ex-dividend date was Friday, March 14th. Range Resources's dividend payout ratio (DPR) is presently 32.73%.

Range Resources Company Profile

Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), crude oil, and condensate company in the United States. The company engages in the exploration, development, and acquisition of natural gas and crude oil properties located in the Appalachian region. It sells natural gas to utilities, marketing and midstream companies, and industrial users; NGLs to petrochemical end users, marketers/traders, and natural gas processors; and oil and condensate to crude oil processors, transporters, and refining and marketing companies.