Range Resources (NYSE:RRC – Get Free Report) is expected to be releasing its Q2 2025 earnings data after the market closes on Tuesday, July 22nd. Analysts expect Range Resources to post earnings of $0.65 per share and revenue of $708.38 million for the quarter.
Range Resources Price Performance
Shares of RRC opened at $39.36 on Tuesday. The stock has a market cap of $9.40 billion, a PE ratio of 35.14, a price-to-earnings-growth ratio of 0.31 and a beta of 0.63. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.56 and a current ratio of 0.56. Range Resources has a fifty-two week low of $27.29 and a fifty-two week high of $43.50. The firm’s 50-day simple moving average is $39.38 and its two-hundred day simple moving average is $37.99.
Range Resources Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Friday, June 13th were paid a $0.09 dividend. The ex-dividend date was Friday, June 13th. This represents a $0.36 annualized dividend and a dividend yield of 0.91%. Range Resources’s dividend payout ratio is presently 32.14%.
Insider Activity at Range Resources
Institutional Investors Weigh In On Range Resources
A number of hedge funds have recently modified their holdings of the business. Empowered Funds LLC grew its holdings in shares of Range Resources by 2.1% in the first quarter. Empowered Funds LLC now owns 75,851 shares of the oil and gas exploration company’s stock valued at $3,029,000 after purchasing an additional 1,563 shares during the period. Focus Partners Wealth purchased a new stake in shares of Range Resources in the first quarter valued at about $285,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Range Resources by 1.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 466,796 shares of the oil and gas exploration company’s stock valued at $18,639,000 after purchasing an additional 8,816 shares during the period. 98.93% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on the stock. UBS Group increased their price target on shares of Range Resources from $36.00 to $37.00 and gave the stock a “neutral” rating in a research report on Thursday, April 24th. Mizuho increased their price target on shares of Range Resources from $45.00 to $46.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 13th. Morgan Stanley set a $41.00 price target on shares of Range Resources in a research report on Tuesday, April 15th. Truist Financial increased their price target on shares of Range Resources from $35.00 to $37.00 and gave the stock a “hold” rating in a research report on Monday, March 17th. Finally, Barclays increased their price objective on shares of Range Resources from $39.00 to $44.00 and gave the stock an “equal weight” rating in a research note on Monday, July 7th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Range Resources currently has a consensus rating of “Hold” and a consensus price target of $42.58.
Check Out Our Latest Analysis on Range Resources
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.
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