Q1 EPS Estimates for Range Resources Cut by Roth Capital

Range Resources Co. (NYSE:RRC) – Equities research analysts at Roth Capital cut their Q1 2025 earnings per share estimates for Range Resources in a research note issued on Monday, April 14th. Roth Capital analyst L. Mariani now anticipates that the oil and gas exploration company will post earnings per share of $0.83 for the quarter, down from their previous forecast of $0.93. Roth Capital has a “Strong-Buy” rating 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’ FY2025 earnings at $2.80 EPS, Q1 2026 earnings at $1.16 EPS, Q2 2026 earnings at $0.69 EPS, Q3 2026 earnings at $0.72 EPS, Q4 2026 earnings at $1.06 EPS and FY2026 earnings at $3.63 EPS.

Range Resources (NYSE:RRC) last released 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. The firm had revenue of $626.42 million for the quarter, compared to analyst estimates of $676.53 million. Range Resources had a return on equity of 13.69% and a net margin of 17.63%. During the same quarter last year, the firm posted $0.63 EPS.

A number of other analysts also recently commented on RRC. Raymond James raised their price objective on Range Resources from $46.00 to $55.00 and gave the stock an “outperform” rating in a research report on Monday, March 31st. Morgan Stanley set a $41.00 price objective on Range Resources in a research note on Tuesday. Truist Financial increased their target price on shares of Range Resources from $35.00 to $37.00 and gave the stock a “hold” rating in a research report on Monday, March 17th. Benchmark reaffirmed a “hold” rating on shares of Range Resources in a report on Friday, January 17th. Finally, JPMorgan Chase & Co. raised Range Resources from an “underweight” rating to a “neutral” rating and lifted their price target for the company from $43.00 to $45.00 in a report on Thursday, March 13th. Two analysts have rated the stock with a sell rating, twelve have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $41.43.

Range Resources Stock Performance

NYSE:RRC opened at $34.14 on Wednesday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.54 and a current ratio of 0.54. The firm’s 50-day moving average is $37.33 and its 200-day moving average is $35.64. Range Resources has a 52-week low of $27.29 and a 52-week high of $41.95. The company has a market cap of $8.24 billion, a price-to-earnings ratio of 17.24, a PEG ratio of 5.11 and a beta of 1.73.

Hedge Funds Weigh In On Range Resources

A number of large investors have recently modified their holdings of RRC. Boston Partners raised its holdings 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 valued at $287,078,000 after purchasing an additional 371,777 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in 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 valued at $263,768,000 after purchasing an additional 624,955 shares during the last quarter. Lingotto Investment Management LLP raised its stake in shares of Range Resources by 2.5% in the fourth quarter. Lingotto Investment Management LLP now owns 6,864,038 shares of the oil and gas exploration company’s stock valued at $246,968,000 after buying an additional 165,242 shares during the period. Fuller & Thaler Asset Management Inc. lifted its holdings in 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 purchasing an additional 2,104,304 shares during the last quarter. Finally, Geode Capital Management LLC lifted its holdings in Range Resources by 0.9% during the 3rd quarter. Geode Capital Management LLC now owns 4,003,299 shares of the oil and gas exploration company’s stock worth $123,174,000 after purchasing an additional 35,344 shares in the last quarter. 98.93% of the stock is currently owned by institutional investors.

Range Resources Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were given a $0.09 dividend. The ex-dividend date of this dividend was Friday, March 14th. This is a positive change from Range Resources’s previous quarterly dividend of $0.08. This represents a $0.36 annualized dividend and a dividend yield of 1.05%. Range Resources’s dividend payout ratio (DPR) 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.