Q3 EPS Estimates for Range Resources Decreased by Analyst

Range Resources Corporation (NYSE:RRC) – Investment analysts at Roth Capital lowered their Q3 2025 EPS estimates for Range Resources in a note issued to investors on Monday, August 18th. Roth Capital analyst L. Mariani now expects that the oil and gas exploration company will earn $0.40 per share for the quarter, down from their prior forecast of $0.55. Roth Capital currently has a “Neutral” rating and a $35.00 target price on the stock. The consensus estimate for Range Resources’ current full-year earnings is $2.02 per share.

A number of other equities research analysts have also recently commented on RRC. Stephens reiterated an “overweight” rating and issued a $49.00 target price on shares of Range Resources in a research report on Wednesday, April 23rd. Bank of America increased their target price on shares of Range Resources from $45.00 to $47.00 and gave the company a “buy” rating in a research report on Friday, May 23rd. Piper Sandler dropped their price objective on shares of Range Resources from $41.00 to $39.00 and set a “neutral” rating for the company in a report on Thursday, August 14th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $45.00 price objective on shares of Range Resources in a report on Tuesday, July 15th. Finally, Wall Street Zen lowered shares of Range Resources from a “hold” rating to a “sell” rating in a report on Wednesday, May 21st. Seven analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $42.85.

Range Resources Price Performance

Shares of NYSE RRC opened at $32.7460 on Tuesday. The firm has a 50-day simple moving average of $37.78 and a 200-day simple moving average of $37.52. The stock has a market capitalization of $7.80 billion, a price-to-earnings ratio of 16.46, a price-to-earnings-growth ratio of 0.26 and a beta of 0.60. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 0.29. Range Resources has a 52 week low of $27.55 and a 52 week high of $43.50.

Range Resources (NYSE:RRC) last issued its earnings results on Tuesday, July 22nd. The oil and gas exploration company reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.65 by $0.01. The business had revenue of $856.28 million during the quarter, compared to analysts’ expectations of $708.38 million. Range Resources had a net margin of 17.22% and a return on equity of 15.95%. During the same period in the prior year, the business earned $0.46 earnings per share.

Range Resources Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Friday, June 13th were paid a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Friday, June 13th. Range Resources’s dividend payout ratio (DPR) is 18.09%.

Insiders Place Their Bets

In other Range Resources news, Director Reginal Spiller sold 4,200 shares of the stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of $40.16, for a total transaction of $168,672.00. Following the completion of the transaction, the director owned 13,663 shares of the company’s stock, valued at $548,706.08. This trade represents a 23.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.00% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of RRC. Envestnet Asset Management Inc. boosted its stake in Range Resources by 11.9% during the fourth quarter. Envestnet Asset Management Inc. now owns 106,034 shares of the oil and gas exploration company’s stock worth $3,815,000 after buying an additional 11,254 shares during the period. Rockefeller Capital Management L.P. boosted its stake in Range Resources by 5.7% during the fourth quarter. Rockefeller Capital Management L.P. now owns 56,678 shares of the oil and gas exploration company’s stock worth $2,039,000 after buying an additional 3,041 shares during the period. Mariner LLC boosted its stake in Range Resources by 6.1% during the fourth quarter. Mariner LLC now owns 16,575 shares of the oil and gas exploration company’s stock worth $596,000 after buying an additional 960 shares during the period. Commerce Bank boosted its stake in Range Resources by 11.7% during the fourth quarter. Commerce Bank now owns 7,648 shares of the oil and gas exploration company’s stock worth $275,000 after buying an additional 800 shares during the period. Finally, Forum Financial Management LP boosted its stake in Range Resources by 19.1% during the fourth quarter. Forum Financial Management LP now owns 8,046 shares of the oil and gas exploration company’s stock worth $289,000 after buying an additional 1,293 shares during the period. Hedge funds and other institutional investors own 98.93% of the company’s stock.

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.