Zacks Research Expects Lower Earnings for Range Resources

Range Resources Co. (NYSE:RRC) – Stock analysts at Zacks Research dropped their Q2 2025 earnings per share estimates for shares of Range Resources in a research report issued to clients and investors on Tuesday, December 31st. Zacks Research analyst R. Department now forecasts that the oil and gas exploration company will post earnings per share of $0.41 for the quarter, down from their previous estimate of $0.46. The consensus estimate for Range Resources’ current full-year earnings is $1.91 per share. Zacks Research also issued estimates for Range Resources’ Q3 2025 earnings at $0.47 EPS and Q4 2025 earnings at $0.75 EPS.

Several other research analysts have also recently issued reports on RRC. JPMorgan Chase & Co. lowered their price objective on Range Resources from $37.00 to $31.00 and set an “underweight” rating for the company in a research report on Thursday, September 12th. UBS Group raised Range Resources from a “sell” rating to a “neutral” rating and upped their price target for the company from $28.00 to $35.00 in a report on Monday, December 9th. Benchmark reissued a “hold” rating on shares of Range Resources in a report on Wednesday, October 23rd. Wells Fargo & Company boosted their price objective on shares of Range Resources from $38.00 to $40.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 17th. Finally, Mizuho increased their target price on shares of Range Resources from $40.00 to $47.00 and gave the company an “outperform” rating in a research report on Monday, December 16th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, Range Resources has an average rating of “Hold” and an average target price of $36.00.

Range Resources Stock Performance

Shares of RRC stock opened at $36.05 on Friday. The company has a market cap of $8.70 billion, a P/E ratio of 18.21 and a beta of 1.85. The firm has a fifty day moving average price of $34.04 and a 200 day moving average price of $32.25. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.28. Range Resources has a 12 month low of $27.29 and a 12 month high of $39.33.

Range Resources (NYSE:RRC) last posted its quarterly earnings results on Tuesday, October 22nd. The oil and gas exploration company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.32 by $0.16. Range Resources had a net margin of 17.63% and a return on equity of 13.69%. The company had revenue of $615.03 million during the quarter, compared to analysts’ expectations of $617.90 million. During the same quarter in the previous year, the business posted $0.43 EPS. The firm’s revenue was up .9% on a year-over-year basis.

Range Resources Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.89%. The ex-dividend date was Friday, December 13th. Range Resources’s dividend payout ratio (DPR) is presently 16.16%.

Insider Buying and Selling

In other Range Resources news, Director Charles G. Griffie purchased 1,275 shares of Range Resources stock in a transaction dated Thursday, October 24th. The stock was acquired at an average cost of $31.46 per share, with a total value of $40,111.50. Following the acquisition, the director now directly owns 5,921 shares of the company’s stock, valued at $186,274.66. This represents a 27.44 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 2.50% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. William Blair Investment Management LLC purchased a new position in Range Resources in the second quarter valued at about $78,223,000. Canoe Financial LP grew its holdings in shares of Range Resources by 114.9% in the 3rd quarter. Canoe Financial LP now owns 2,660,309 shares of the oil and gas exploration company’s stock worth $81,299,000 after acquiring an additional 1,422,200 shares during the period. JPMorgan Chase & Co. increased its stake in Range Resources by 61.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,579,579 shares of the oil and gas exploration company’s stock valued at $48,588,000 after purchasing an additional 604,199 shares in the last quarter. HITE Hedge Asset Management LLC acquired a new position in Range Resources during the third quarter worth $11,508,000. Finally, Verition Fund Management LLC boosted its position in Range Resources by 379.3% during the third quarter. Verition Fund Management LLC now owns 409,427 shares of the oil and gas exploration company’s stock worth $12,594,000 after purchasing an additional 324,011 shares in the last quarter. Institutional investors and hedge funds own 98.93% of the company’s stock.

About Range Resources

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.