Range Resources Q1 EPS Forecast Increased by Zacks Research

Range Resources Co. (NYSE:RRC) – Stock analysts at Zacks Research boosted their Q1 2025 earnings estimates for Range Resources in a research report issued to clients and investors on Monday, April 14th. Zacks Research analyst R. Department now forecasts that the oil and gas exploration company will post earnings of $0.92 per share for the quarter, up from their previous estimate of $0.78. The consensus estimate for Range Resources’ current full-year earnings is $2.02 per share. Zacks Research also issued estimates for Range Resources’ Q4 2025 earnings at $0.89 EPS, FY2025 earnings at $3.10 EPS, Q1 2026 earnings at $1.07 EPS, Q2 2026 earnings at $0.70 EPS, Q3 2026 earnings at $0.86 EPS, Q4 2026 earnings at $0.89 EPS and FY2026 earnings at $3.52 EPS.

A number of other equities analysts have also weighed in on RRC. JPMorgan Chase & Co. raised Range Resources from an “underweight” rating to a “neutral” rating and boosted their target price for the stock from $43.00 to $45.00 in a research report on Thursday, March 13th. Bank of America raised shares of Range Resources from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $34.00 to $45.00 in a report on Monday, January 13th. Truist Financial raised their target price on shares of Range Resources from $35.00 to $37.00 and gave the stock a “hold” rating in a report on Monday, March 17th. Morgan Stanley set a $41.00 target price on shares of Range Resources in a research note on Tuesday. Finally, Roth Mkm raised Range Resources from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $41.00 to $42.00 in a report on Tuesday, April 8th. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $41.43.

Range Resources Stock Up 0.1 %

RRC stock opened at $34.14 on Thursday. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.54 and a quick ratio of 0.54. Range Resources has a 1-year low of $27.29 and a 1-year high of $41.95. The stock has a market capitalization of $8.24 billion, a P/E ratio of 17.24, a P/E/G ratio of 5.11 and a beta of 1.73. The business has a fifty day moving average price of $37.33 and a 200-day moving average price of $35.64.

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

Institutional Investors Weigh In On Range Resources

A number of institutional investors have recently bought and sold shares of the business. Boston Partners boosted its stake in shares of Range Resources by 4.9% in the fourth quarter. Boston Partners now owns 7,976,052 shares of the oil and gas exploration company’s stock worth $287,078,000 after acquiring an additional 371,777 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Range Resources by 9.3% in the 4th 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 purchasing an additional 624,955 shares in the last quarter. Lingotto Investment Management LLP boosted its stake in Range Resources by 2.5% in the 4th quarter. Lingotto Investment Management LLP now owns 6,864,038 shares of the oil and gas exploration company’s stock worth $246,968,000 after purchasing an additional 165,242 shares during the period. Fuller & Thaler Asset Management Inc. grew its holdings in Range Resources by 71.3% during 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 buying an additional 2,104,304 shares in the last quarter. Finally, Geode Capital Management LLC raised its position in shares of Range Resources by 0.9% during the third quarter. Geode Capital Management LLC now owns 4,003,299 shares of the oil and gas exploration company’s stock valued at $123,174,000 after buying an additional 35,344 shares during the last quarter. Hedge funds and other institutional investors own 98.93% of the company’s stock.

Range Resources Increases Dividend

The company also recently announced 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 is a boost from Range Resources’s previous quarterly dividend of $0.08. The ex-dividend date was Friday, March 14th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.05%. Range Resources’s payout ratio is 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.