Q2 Earnings Forecast for RNGR Issued By Johnson Rice

Ranger Energy Services, Inc. (NYSE:RNGR) – Stock analysts at Johnson Rice issued their Q2 2026 earnings per share (EPS) estimates for shares of Ranger Energy Services in a note issued to investors on Wednesday, July 22nd. Johnson Rice analyst D. Crist anticipates that the company will post earnings of $0.28 per share for the quarter. The consensus estimate for Ranger Energy Services’ current full-year earnings is $1.13 per share.

Ranger Energy Services (NYSE:RNGR) last released its earnings results on Monday, April 27th. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by ($0.24). Ranger Energy Services had a return on equity of 5.12% and a net margin of 2.58%.The firm had revenue of $159.10 million during the quarter, compared to analysts’ expectations of $156.20 million.

Other analysts also recently issued reports about the stock. Piper Sandler raised their price objective on shares of Ranger Energy Services from $17.00 to $20.00 and gave the company an “overweight” rating in a research report on Wednesday, April 15th. Zacks Research upgraded Ranger Energy Services from a “strong sell” rating to a “hold” rating in a research note on Friday, July 3rd. Weiss Ratings restated a “hold (c)” rating on shares of Ranger Energy Services in a research report on Wednesday, June 24th. Finally, Wall Street Zen raised Ranger Energy Services from a “hold” rating to a “buy” rating in a research note on Saturday, April 18th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Ranger Energy Services has an average rating of “Hold” and an average price target of $20.00.

Ranger Energy Services Price Performance

RNGR opened at $15.74 on Friday. The firm has a market cap of $373.93 million, a P/E ratio of 24.98 and a beta of 0.12. Ranger Energy Services has a 1-year low of $11.88 and a 1-year high of $18.82. The company has a 50 day simple moving average of $15.81 and a two-hundred day simple moving average of $16.23.

Institutional Trading of Ranger Energy Services

A number of institutional investors and hedge funds have recently bought and sold shares of RNGR. CSM Advisors LLC lifted its stake in Ranger Energy Services by 0.4% in the 4th quarter. CSM Advisors LLC now owns 300,849 shares of the company’s stock worth $4,207,000 after purchasing an additional 1,055 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of Ranger Energy Services by 2.5% in the first quarter. Janney Montgomery Scott LLC now owns 48,909 shares of the company’s stock worth $838,000 after purchasing an additional 1,177 shares during the last quarter. Nuveen LLC increased its holdings in shares of Ranger Energy Services by 2.0% in the fourth quarter. Nuveen LLC now owns 63,266 shares of the company’s stock worth $884,000 after purchasing an additional 1,251 shares during the last quarter. First Trust Advisors LP lifted its position in shares of Ranger Energy Services by 2.8% in the fourth quarter. First Trust Advisors LP now owns 45,567 shares of the company’s stock worth $637,000 after buying an additional 1,260 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its position in shares of Ranger Energy Services by 16.1% in the fourth quarter. Russell Investments Group Ltd. now owns 9,299 shares of the company’s stock worth $130,000 after buying an additional 1,290 shares in the last quarter. 68.10% of the stock is currently owned by institutional investors.

Ranger Energy Services Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Friday, May 8th were paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Friday, May 8th. Ranger Energy Services’s dividend payout ratio (DPR) is presently 38.10%.

Ranger Energy Services Company Profile

Ranger Energy Services, Inc, based in The Woodlands, Texas, is a North American land drilling contractor serving exploration and production companies in the oil and natural gas industry. The company provides contract drilling, well servicing, pressure pumping and completion support services designed to enhance operational efficiency and optimize well performance.

Through its diversified fleet of drilling and service rigs and ancillary equipment, Ranger offers turnkey solutions across all phases of the drilling lifecycle—from pad construction and drilling to completion and workover operations.