Range Resources (RRC) Stock Price, News & Analysis

$37.69
-0.08 (-0.21%)
(As of 04/25/2024 ET)
Today's Range
$37.35
$38.23
50-Day Range
$30.52
$37.77
52-Week Range
$23.92
$38.25
Volume
4.25 million shs
Average Volume
2.59 million shs
Market Capitalization
$9.13 billion
P/E Ratio
19.13
Dividend Yield
0.85%
Price Target
$36.40

Range Resources MarketRank™ Stock Analysis

Analyst Rating
Hold
2.11 Rating Score
Upside/​Downside
3.4% Downside
$36.40 Price Target
Short Interest
Bearish
6.83% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-7.63
Upright™ Environmental Score
News Sentiment
0.54mentions of Range Resources in the last 14 days
Based on 36 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
57.29%
From $1.99 to $3.13 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.22 out of 5 stars

Oils/Energy Sector

67th out of 234 stocks

Crude Petroleum & Natural Gas Industry

26th out of 73 stocks

RRC stock logo

About Range Resources Stock (NYSE:RRC)

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. The company was formerly known as Lomak Petroleum Inc. and changed its name to Range Resources Corporation in August 1998. Range Resources Corporation was founded in 1976 and is headquartered in Fort Worth, Texas.

RRC Stock Price History

RRC Stock News Headlines

Q1 2024 Range Resources Corp Earnings Call
The Gold Grab of the Century
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
The Gold Grab of the Century
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
Range Resources Corp. Q1 Profit Decreases, but beats estimates
Range Announces First Quarter 2024 Results
Range Resources (NYSE:RRC) PT Raised to $33.00
Range Resources (RRC) to Release Quarterly Earnings on Tuesday
Bad Weather Drops U.S. January Oil Production
RRC Mar 2024 32.000 put
RRC Mar 2024 33.000 put
See More Headlines
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Company Calendar

Ex-Dividend for 3/29 Dividend
3/14/2024
Dividend Payable
3/29/2024
Last Earnings
4/23/2024
Today
4/25/2024
Next Earnings (Estimated)
7/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
CUSIP
75281A10
Employees
548
Year Founded
1976

Price Target and Rating

Average Stock Price Target
$36.40
High Stock Price Target
$47.00
Low Stock Price Target
$28.00
Potential Upside/Downside
-3.4%
Consensus Rating
Hold
Rating Score (0-4)
2.11
Research Coverage
19 Analysts

Profitability

Net Income
$871.14 million
Pretax Margin
32.61%

Debt

Sales & Book Value

Annual Sales
$3.37 billion
Cash Flow
$3.97 per share
Book Value
$15.60 per share

Miscellaneous

Free Float
238,319,000
Market Cap
$9.13 billion
Optionable
Optionable
Beta
1.83

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RRC Stock Analysis - Frequently Asked Questions

Should I buy or sell Range Resources stock right now?

19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Range Resources in the last twelve months. There are currently 4 sell ratings, 9 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research 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 target for 2024?

19 analysts have issued twelve-month price objectives for Range Resources' stock. Their RRC share price targets range from $28.00 to $47.00. On average, they expect the company's stock price to reach $36.40 in the next year. This suggests that the stock has a possible downside of 3.4%.
View analysts price targets for RRC
or view top-rated stocks among Wall Street analysts.

How have RRC shares performed in 2024?

Range Resources' stock was trading at $30.44 on January 1st, 2024. Since then, RRC shares have increased by 23.8% and is now trading at $37.69.
View the best growth stocks for 2024 here
.

When is Range Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, July 22nd 2024.
View our RRC earnings forecast
.

How were Range Resources' earnings last quarter?

Range Resources Co. (NYSE:RRC) released its quarterly earnings results on Tuesday, April, 23rd. The oil and gas exploration company reported $0.69 EPS for the quarter, beating analysts' consensus estimates of $0.48 by $0.21. The oil and gas exploration company had revenue of $718.20 million for the quarter, compared to analysts' expectations of $680.72 million. Range Resources had a trailing twelve-month return on equity of 13.58% and a net margin of 17.00%. The company's revenue was down 15.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.96 earnings per share.

How often does Range Resources pay dividends? What is the dividend yield for Range Resources?

Range Resources announced a quarterly dividend on Friday, March 1st. Shareholders of record on Friday, March 15th will be paid a dividend of $0.08 per share on Friday, March 29th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date is Thursday, March 14th.
Read our dividend analysis for RRC
.

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 0.87%. The dividend payout ratio is 16.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, RRC will have a dividend payout ratio of 10.22% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for RRC.

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).

Who are Range Resources' major shareholders?

Range Resources' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Portman Square Capital LLP (0.00%), Vaughan Nelson Investment Management L.P. (0.39%), Congress Asset Management Co. MA (0.20%), Raymond James & Associates (0.10%), Amalgamated Bank (0.07%) and Norden Group LLC (0.06%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:RRC) was last updated on 4/25/2024 by MarketBeat.com Staff

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