Zacks Research Lifts Earnings Estimates for Range Resources

Range Resources Co. (NYSE:RRC) – Investment analysts at Zacks Research boosted their Q2 2025 earnings estimates for shares of Range Resources in a research report issued to clients and investors on Monday, April 14th. Zacks Research analyst R. Department now expects that the oil and gas exploration company will post earnings of $0.67 per share for the quarter, up from their prior estimate of $0.55. The consensus estimate for Range Resources’ current full-year earnings is $2.02 per share. Zacks Research also issued estimates for Range Resources’ Q3 2025 earnings at $0.62 EPS.

Range Resources (NYSE:RRC) last announced its earnings results on Tuesday, February 25th. The oil and gas exploration company reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.13. Range Resources had a return on equity of 13.69% and a net margin of 17.63%. The company had revenue of $626.42 million for the quarter, compared to analyst estimates of $676.53 million. During the same quarter in the previous year, the company earned $0.63 earnings per share.

Several other analysts have also recently issued reports on the stock. Piper Sandler increased their price target on shares of Range Resources from $32.00 to $33.00 and gave the stock a “neutral” rating in a research report on Thursday, March 6th. Scotiabank downgraded shares of Range Resources from a “sector outperform” rating to a “sector perform” rating and set a $45.00 price target for the company. in a research note on Friday, January 17th. Truist Financial increased their price objective on Range Resources from $35.00 to $37.00 and gave the company a “hold” rating in a research note on Monday, March 17th. Roth Capital upgraded Range Resources from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 8th. Finally, Stephens set a $51.00 price target on Range Resources and gave the company an “overweight” rating in a research report on Thursday, April 3rd. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $41.43.

Range Resources Price Performance

RRC opened at $34.04 on Wednesday. The stock’s 50-day moving average price is $37.44 and its 200 day moving average price is $35.61. Range Resources has a 12-month low of $27.29 and a 12-month high of $41.95. The firm has a market cap of $8.21 billion, a price-to-earnings ratio of 17.19, a PEG ratio of 5.11 and a beta of 1.73. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 0.28.

Institutional Investors Weigh In On Range Resources

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Fuller & Thaler Asset Management Inc. raised its position in Range Resources by 71.3% in the 4th 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 purchasing an additional 2,104,304 shares during the last quarter. Wellington Management Group LLP purchased a new stake in shares of Range Resources in the fourth quarter valued at about $33,684,000. Amundi boosted its stake in shares of Range Resources by 233.2% during the fourth quarter. Amundi now owns 1,180,913 shares of the oil and gas exploration company’s stock worth $44,308,000 after buying an additional 826,530 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of Range Resources by 9.3% during 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 last quarter. Finally, Northern Trust Corp increased its position in Range Resources by 37.1% in the 4th quarter. Northern Trust Corp now owns 2,238,863 shares of the oil and gas exploration company’s stock valued at $80,554,000 after acquiring an additional 605,315 shares during the period. Hedge funds and other institutional investors own 98.93% of the company’s stock.

Range Resources Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were paid a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date of this dividend was Friday, March 14th. This is an increase from Range Resources’s previous quarterly dividend of $0.08. Range Resources’s dividend payout ratio (DPR) is currently 32.73%.

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.