Range Resources Corporation (NYSE:RRC – Free Report) – Analysts at Roth Capital reduced their FY2025 earnings per share estimates for Range Resources in a report released on Monday, August 18th. Roth Capital analyst L. Mariani now anticipates that the oil and gas exploration company will post earnings of $2.49 per share for the year, down from their prior estimate of $2.89. Roth Capital has a “Neutral” rating and a $35.00 price objective on the stock. The consensus estimate for Range Resources’ current full-year earnings is $2.02 per share. Roth Capital also issued estimates for Range Resources’ Q4 2025 earnings at $0.55 EPS, Q1 2026 earnings at $0.79 EPS, Q2 2026 earnings at $0.36 EPS, Q3 2026 earnings at $0.41 EPS, Q4 2026 earnings at $0.72 EPS and FY2026 earnings at $2.28 EPS.
Range Resources (NYSE:RRC – Get Free Report) last posted 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 company had revenue of $856.28 million for 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 quarter in the prior year, the company posted $0.46 earnings per share.
Check Out Our Latest Report on Range Resources
Range Resources Trading Up 0.7%
RRC opened at $33.0180 on Wednesday. Range Resources has a one year low of $27.55 and a one year high of $43.50. The company has a market cap of $7.86 billion, a P/E ratio of 16.59, a PEG ratio of 0.26 and a beta of 0.60. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.55 and a current ratio of 0.55. The business’s 50-day simple moving average is $37.65 and its 200-day simple moving average is $37.49.
Hedge Funds Weigh In On Range Resources
Hedge funds have recently modified their holdings of the stock. Boston Partners increased its stake in Range Resources by 6.1% in the 2nd quarter. Boston Partners now owns 7,419,508 shares of the oil and gas exploration company’s stock worth $301,133,000 after purchasing an additional 425,704 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Range Resources by 9.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 7,330,676 shares of the oil and gas exploration company’s stock worth $263,768,000 after buying an additional 624,955 shares during the period. Lingotto Investment Management LLP increased its position in shares of Range Resources by 2.0% in the second quarter. Lingotto Investment Management LLP now owns 7,161,614 shares of the oil and gas exploration company’s stock worth $291,263,000 after acquiring an additional 138,877 shares in the last quarter. Fuller & Thaler Asset Management Inc. raised its holdings in shares of Range Resources by 71.3% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 5,057,280 shares of the oil and gas exploration company’s stock valued at $181,961,000 after acquiring an additional 2,104,304 shares during the period. Finally, Invesco Ltd. boosted its stake in Range Resources by 230.1% in the 2nd quarter. Invesco Ltd. now owns 4,785,940 shares of the oil and gas exploration company’s stock worth $194,644,000 after purchasing an additional 3,336,299 shares during the period. 98.93% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In other Range Resources news, Director Reginal Spiller sold 4,200 shares of the company’s stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of $40.16, for a total value of $168,672.00. Following the completion of the sale, the director directly owned 13,663 shares of the company’s stock, valued at approximately $548,706.08. This represents a 23.51% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.00% of the company’s stock.
Range Resources Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Friday, June 13th were issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Friday, June 13th. Range Resources’s payout ratio is presently 18.09%.
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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