Ranger Energy Services (RNGR) Scheduled to Post Earnings on Tuesday

Ranger Energy Services (NYSE:RNGR) is set to post its quarterly earnings results before the market opens on Tuesday, May 7th. Analysts expect Ranger Energy Services to post earnings of $0.05 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Ranger Energy Services (NYSE:RNGR) last released its earnings results on Tuesday, March 5th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.24). Ranger Energy Services had a return on equity of 8.67% and a net margin of 3.74%. The firm had revenue of $151.50 million for the quarter, compared to analysts’ expectations of $151.00 million. During the same quarter in the previous year, the company posted $0.30 earnings per share. On average, analysts expect Ranger Energy Services to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Ranger Energy Services Stock Up 1.1 %

Shares of Ranger Energy Services stock opened at $10.05 on Friday. Ranger Energy Services has a 52-week low of $9.27 and a 52-week high of $14.64. The company has a market capitalization of $227.76 million, a P/E ratio of 10.47 and a beta of 0.66. The company has a 50 day moving average of $11.01 and a 200 day moving average of $10.72.

Ranger Energy Services Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 5th. Stockholders of record on Friday, March 15th were issued a $0.05 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.99%. Ranger Energy Services’s payout ratio is 20.83%.

Insider Buying and Selling

In other Ranger Energy Services news, Director Charles S. Leykum sold 132,000 shares of the firm’s stock in a transaction on Wednesday, March 27th. The stock was sold at an average price of $11.08, for a total value of $1,462,560.00. Following the sale, the director now directly owns 3,562,000 shares in the company, valued at $39,466,960. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, Director Charles S. Leykum sold 215,000 shares of the business’s stock in a transaction that occurred on Monday, March 25th. The shares were sold at an average price of $11.14, for a total transaction of $2,395,100.00. Following the completion of the sale, the director now owns 3,754,000 shares in the company, valued at approximately $41,819,560. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Charles S. Leykum sold 132,000 shares of the stock in a transaction on Wednesday, March 27th. The shares were sold at an average price of $11.08, for a total transaction of $1,462,560.00. Following the completion of the transaction, the director now directly owns 3,562,000 shares in the company, valued at $39,466,960. The disclosure for this sale can be found here. Over the last quarter, insiders sold 378,000 shares of company stock worth $4,212,500. Corporate insiders own 3.00% of the company’s stock.

Ranger Energy Services Company Profile

Ranger Energy Services, Inc provides onshore high specification well service rigs, wireline services, and complementary services to exploration and production companies in the United States. It operates through three segments: High Specification Rigs, Wireline Services, and Processing Solutions and Ancillary Services.