Range Resources Q1 EPS Forecast Raised by Zacks Research

Range Resources Co. (NYSE:RRC) – Equities researchers at Zacks Research lifted their Q1 2025 EPS estimates for Range Resources in a research report issued on Thursday, February 13th. Zacks Research analyst R. Department now forecasts that the oil and gas exploration company will post earnings of $0.79 per share for the quarter, up from their prior forecast of $0.74. The consensus estimate for Range Resources’ current full-year earnings is $2.03 per share. Zacks Research also issued estimates for Range Resources’ Q2 2025 earnings at $0.55 EPS, Q4 2025 earnings at $0.88 EPS and FY2025 earnings at $2.77 EPS.

A number of other research firms also recently issued reports on RRC. Mizuho raised their price target on Range Resources from $40.00 to $47.00 and gave the stock an “outperform” rating in a research note on Monday, December 16th. Scotiabank lowered shares of Range Resources from a “sector outperform” rating to a “sector perform” rating and set a $45.00 target price on the stock. in a research report on Friday, January 17th. UBS Group upped their price target on shares of Range Resources from $39.00 to $41.00 and gave the company a “neutral” rating in a research report on Thursday, February 13th. Wells Fargo & Company raised their price objective on shares of Range Resources from $38.00 to $40.00 and gave the stock an “overweight” rating in a research report on Tuesday, December 17th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $40.00 target price on shares of Range Resources in a report on Tuesday, January 14th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, Range Resources presently has a consensus rating of “Hold” and an average target price of $38.78.

Range Resources Stock Up 0.8 %

RRC opened at $38.98 on Monday. Range Resources has a one year low of $27.29 and a one year high of $41.95. 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 stock has a market capitalization of $9.41 billion, a P/E ratio of 19.69 and a beta of 1.77. The business’s 50-day simple moving average is $37.36 and its 200-day simple moving average is $33.48.

Institutional Trading of Range Resources

A number of institutional investors have recently added to or reduced their stakes in the stock. Boston Partners lifted its position in shares of Range Resources by 4.9% during the 4th quarter. Boston Partners now owns 7,976,052 shares of the oil and gas exploration company’s stock valued at $287,078,000 after acquiring an additional 371,777 shares during the period. Dimensional Fund Advisors LP increased its stake 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 valued at $263,768,000 after purchasing an additional 624,955 shares in the last quarter. Lingotto Investment Management LLP raised its holdings in Range Resources by 2.5% during the fourth 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 last quarter. Fuller & Thaler Asset Management Inc. boosted its position 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 worth $181,961,000 after purchasing an additional 2,104,304 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in Range Resources by 0.9% in 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 purchasing 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 Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 27th. Stockholders of record on Friday, December 13th were issued a $0.08 dividend. The ex-dividend date of this dividend was Friday, December 13th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.82%. Range Resources’s dividend payout ratio is presently 16.16%.

Range Resources Company Profile

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.