
Range Resources Corporation (NYSE:RRC – Free Report) – Equities researchers at Zacks Research lifted their Q1 2026 EPS estimates for Range Resources in a research report issued to clients and investors on Tuesday, November 18th. Zacks Research analyst Team now expects that the oil and gas exploration company will earn $0.84 per share for the quarter, up from their previous estimate of $0.80. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Range Resources’ current full-year earnings is $2.02 per share. Zacks Research also issued estimates for Range Resources’ Q2 2026 earnings at $0.41 EPS, Q3 2026 earnings at $0.74 EPS, Q4 2026 earnings at $0.97 EPS and FY2026 earnings at $2.97 EPS.
Several other brokerages have also recently commented on RRC. Wells Fargo & Company raised Range Resources to a “strong-buy” rating in a research report on Thursday, October 16th. Susquehanna cut their price objective on Range Resources to $39.00 and set a “neutral” rating for the company in a report on Monday, October 20th. Raymond James Financial decreased their target price on shares of Range Resources from $45.00 to $41.00 and set an “outperform” rating for the company in a research note on Friday, September 19th. UBS Group lowered their target price on shares of Range Resources from $40.00 to $38.00 and set a “neutral” rating on the stock in a report on Thursday, October 30th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Range Resources in a research note on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and fourteen have given a Hold rating to the company. According to MarketBeat.com, Range Resources presently has an average rating of “Hold” and an average target price of $41.85.
Range Resources Price Performance
Shares of NYSE RRC opened at $38.17 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.56 and a quick ratio of 0.55. The business has a 50-day moving average of $37.18 and a 200-day moving average of $37.32. The stock has a market capitalization of $9.04 billion, a price-to-earnings ratio of 16.04, a PEG ratio of 0.39 and a beta of 0.49. Range Resources has a fifty-two week low of $30.32 and a fifty-two week high of $43.50.
Range Resources (NYSE:RRC – Get Free Report) last issued its quarterly earnings results on Tuesday, October 28th. The oil and gas exploration company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.03. Range Resources had a net margin of 19.64% and a return on equity of 15.99%. The firm had revenue of $655.30 million for the quarter, compared to analyst estimates of $721.22 million. During the same period in the previous year, the business earned $0.48 EPS. The company’s revenue was up 21.7% compared to the same quarter last year.
Range Resources Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Friday, September 12th were given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Friday, September 12th. Range Resources’s payout ratio is 15.13%.
Institutional Trading of Range Resources
A number of hedge funds have recently modified their holdings of RRC. Boston Partners grew its stake in Range Resources by 59.3% in the 3rd quarter. Boston Partners now owns 11,817,550 shares of the oil and gas exploration company’s stock valued at $445,196,000 after buying an additional 4,398,042 shares during the last quarter. Invesco Ltd. grew its position in shares of Range Resources by 230.1% in the second quarter. Invesco Ltd. now owns 4,785,940 shares of the oil and gas exploration company’s stock valued at $194,644,000 after purchasing an additional 3,336,299 shares during the last quarter. AQR Capital Management LLC grew its position in shares of Range Resources by 517.6% in the third quarter. AQR Capital Management LLC now owns 2,440,277 shares of the oil and gas exploration company’s stock valued at $91,852,000 after purchasing an additional 2,045,165 shares during the last quarter. Holocene Advisors LP bought a new position in shares of Range Resources during the third quarter worth approximately $66,560,000. Finally, UBS Group AG lifted its holdings in Range Resources by 122.0% during the 3rd quarter. UBS Group AG now owns 2,158,063 shares of the oil and gas exploration company’s stock worth $81,229,000 after purchasing an additional 1,185,793 shares during the last quarter. Institutional investors and hedge funds own 98.93% of the company’s stock.
About Range Resources
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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