Roth Capital Predicts Weaker Earnings for Range Resources

Range Resources Co. (NYSE:RRC) – Stock analysts at Roth Capital cut their Q2 2025 earnings per share (EPS) estimates for Range Resources in a research report issued to clients and investors on Tuesday, October 15th. Roth Capital analyst L. Mariani now expects that the oil and gas exploration company will post earnings per share of $0.40 for the quarter, down from their previous forecast of $0.50. The consensus estimate for Range Resources’ current full-year earnings is $1.88 per share.

Several other equities research analysts also recently weighed in on the company. Wolfe Research began coverage on Range Resources in a research report on Thursday, July 18th. They set a “peer perform” rating on the stock. Susquehanna lowered their target price on Range Resources from $36.00 to $31.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 4th. Jefferies Financial Group lifted their price target on Range Resources from $34.00 to $35.00 and gave the company a “hold” rating in a research report on Monday, July 8th. The Goldman Sachs Group dropped their price objective on shares of Range Resources from $40.00 to $35.00 and set a “neutral” rating on the stock in a research note on Friday, September 6th. Finally, Scotiabank raised shares of Range Resources from a “sector perform” rating to a “sector outperform” rating and set a $45.00 target price for the company in a report on Tuesday, August 20th. Four research analysts have rated the stock with a sell rating, ten have issued a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, Range Resources currently has a consensus rating of “Hold” and an average target price of $35.06.

Range Resources Stock Down 0.3 %

NYSE:RRC opened at $29.79 on Friday. The firm has a market capitalization of $7.23 billion, a P/E ratio of 15.12 and a beta of 1.80. The company’s fifty day moving average price is $30.20 and its 200-day moving average price is $33.18. Range Resources has a 1-year low of $27.29 and a 1-year high of $39.33. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.58 and a quick ratio of 0.58.

Range Resources (NYSE:RRC) last issued its quarterly earnings results on Tuesday, July 23rd. The oil and gas exploration company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.05. Range Resources had a net margin of 17.62% and a return on equity of 13.93%. The company had revenue of $641.30 million for the quarter, compared to the consensus estimate of $610.24 million. During the same quarter in the prior year, the company earned $0.27 EPS. Range Resources’s quarterly revenue was up 8.7% on a year-over-year basis.

Institutional Investors Weigh In On Range Resources

Hedge funds have recently modified their holdings of the business. Price T Rowe Associates Inc. MD grew its stake in Range Resources by 25.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 28,633,567 shares of the oil and gas exploration company’s stock valued at $985,855,000 after acquiring an additional 5,759,883 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Range Resources by 4.1% during the 1st quarter. Vanguard Group Inc. now owns 24,490,639 shares of the oil and gas exploration company’s stock worth $843,213,000 after purchasing an additional 959,011 shares during the last quarter. Boston Partners grew its position in shares of Range Resources by 2.1% in the first quarter. Boston Partners now owns 6,531,086 shares of the oil and gas exploration company’s stock valued at $224,912,000 after purchasing an additional 133,565 shares in the last quarter. Lingotto Investment Management LLP increased its holdings in shares of Range Resources by 1.5% in the second quarter. Lingotto Investment Management LLP now owns 6,451,726 shares of the oil and gas exploration company’s stock valued at $216,326,000 after purchasing an additional 93,782 shares during the last quarter. Finally, KGH Ltd lifted its position in Range Resources by 3.2% during the second quarter. KGH Ltd now owns 6,080,000 shares of the oil and gas exploration company’s stock worth $203,862,000 after buying an additional 190,000 shares in the last quarter. 98.93% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, VP Ashley Kavanaugh sold 12,700 shares of the firm’s stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $31.45, for a total value of $399,415.00. Following the transaction, the vice president now owns 9,670 shares in the company, valued at $304,121.50. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.57% of the stock is owned by company insiders.

Range Resources Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 13th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a $0.32 annualized dividend and a yield of 1.07%. Range Resources’s dividend payout ratio (DPR) is currently 16.24%.

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.