Roth Capital Forecasts Weaker Earnings for Range Resources

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

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

A number of other brokerages also recently issued reports on RRC. UBS Group dropped their price objective on Range Resources from $30.00 to $27.00 and set a “sell” rating on the stock in a research note on Wednesday, September 18th. Wolfe Research initiated coverage on Range Resources in a research note on Thursday, July 18th. They set a “peer perform” rating on the stock. Barclays raised Range Resources from an “underweight” rating to an “equal weight” rating and dropped their price target for the stock from $35.00 to $34.00 in a research note on Wednesday, October 2nd. Benchmark reaffirmed a “hold” rating on shares of Range Resources in a research note on Wednesday, July 24th. Finally, Jefferies Financial Group upped their price target on Range Resources from $34.00 to $35.00 and gave the stock a “hold” rating in a research note on Monday, July 8th. Four equities research analysts have rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $35.06.

Range Resources Stock Up 0.3 %

Shares of NYSE:RRC opened at $29.87 on Friday. The company has a market capitalization of $7.25 billion, a price-to-earnings ratio of 15.16 and a beta of 1.80. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.58 and a quick ratio of 0.58. The business’s 50-day moving average is $30.20 and its 200-day moving average is $33.23. Range Resources has a 1 year low of $27.29 and a 1 year high of $39.33.

Range Resources Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date was Friday, September 13th. Range Resources’s payout ratio is 16.24%.

Insider Activity at Range Resources

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

Institutional Trading of Range Resources

A number of institutional investors and hedge funds have recently modified their holdings of RRC. Fifth Third Bancorp increased its position in Range Resources by 21.2% in the second quarter. Fifth Third Bancorp now owns 1,709 shares of the oil and gas exploration company’s stock worth $57,000 after buying an additional 299 shares during the last quarter. Perkins Coie Trust Co purchased a new stake in Range Resources in the second quarter worth $67,000. International Assets Investment Management LLC purchased a new stake in Range Resources in the second quarter worth $67,000. CWM LLC increased its position in Range Resources by 276.8% in the third quarter. CWM LLC now owns 2,306 shares of the oil and gas exploration company’s stock worth $71,000 after buying an additional 1,694 shares during the last quarter. Finally, nVerses Capital LLC purchased a new stake in Range Resources in the second quarter worth $107,000. 98.93% of the stock is owned by hedge funds and other institutional investors.

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.