Zacks Research Forecasts Higher Earnings for Range Resources

Range Resources Corporation (NYSE:RRC) – Zacks Research raised their Q3 2026 earnings per share estimates for Range Resources in a research note issued on Tuesday, October 6th. Zacks Research analyst Team now expects that the oil and gas exploration company will post earnings per share of $0.57 for the quarter, up from their prior estimate of $0.55. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Range Resources’ current full-year earnings is $3.74 per share. Zacks Research also issued estimates for Range Resources’ FY2027 earnings at $2.98 EPS.

Several other equities analysts have also recently issued reports on the company. BMO Capital Markets restated a “market perform” rating on shares of Range Resources in a research note on Monday. Raymond James Financial set a $45.00 target price on shares of Range Resources in a report on Monday, July 27th. Barclays lifted their price target on shares of Range Resources from $40.00 to $42.00 and gave the company an “equal weight” rating in a report on Tuesday, September 8th. Morgan Stanley dropped their price objective on shares of Range Resources from $44.00 to $43.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 19th. Finally, Susquehanna decreased their target price on Range Resources from $45.00 to $41.00 and set a “neutral” rating for the company in a research note on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, sixteen have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $44.00.

Range Resources Price Performance

Shares of NYSE RRC opened at $39.84 on Thursday. Range Resources has a twelve month low of $32.68 and a twelve month high of $48.31. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.18. The company has a market capitalization of $9.31 billion, a price-to-earnings ratio of 11.01 and a beta of 0.71. The business has a 50 day simple moving average of $40.05 and a 200-day simple moving average of $40.20.

Range Resources (NYSE:RRC) last announced its quarterly earnings data on Tuesday, July 21st. The oil and gas exploration company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.13. Range Resources had a return on equity of 18.63% and a net margin of 25.04%.The firm had revenue of $759.58 million for the quarter, compared to analysts’ expectations of $744.78 million. During the same quarter in the prior year, the firm posted $0.66 earnings per share. Range Resources’s revenue for the quarter was down 2.7% compared to the same quarter last year.

Range Resources Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 11th were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Friday, September 11th. Range Resources’s dividend payout ratio (DPR) is 11.05%.

Insiders Place Their Bets

In related news, Director Reginal Spiller sold 3,500 shares of Range Resources stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $40.00, for a total value of $140,000.00. Following the sale, the director directly owned 13,421 shares in the company, valued at $536,840. This trade represents a 20.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.10% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Range Resources

Several large investors have recently made changes to their positions in the company. Congress Asset Management Co. raised its holdings in shares of Range Resources by 3.5% during the third quarter. Congress Asset Management Co. now owns 652,173 shares of the oil and gas exploration company’s stock valued at $24,156,000 after buying an additional 21,895 shares during the last quarter. CX Institutional bought a new position in Range Resources in the 3rd quarter worth approximately $6,360,000. MAC Alpha Capital Management LP increased its position in Range Resources by 41.6% in the 2nd quarter. MAC Alpha Capital Management LP now owns 250,456 shares of the oil and gas exploration company’s stock valued at $9,315,000 after acquiring an additional 73,600 shares during the period. Sequoia Financial Advisors LLC increased its position in Range Resources by 89.0% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 10,811 shares of the oil and gas exploration company’s stock valued at $402,000 after acquiring an additional 5,092 shares during the period. Finally, Tidal Investments LLC raised its stake in Range Resources by 62.8% during the 2nd quarter. Tidal Investments LLC now owns 73,725 shares of the oil and gas exploration company’s stock valued at $2,742,000 after acquiring an additional 28,438 shares in the last quarter. Institutional investors and hedge funds own 98.93% of the company’s stock.

Range Resources News Summary

Here are the key news stories impacting Range Resources this week:

• Positive Sentiment: Zacks Research raised its FY2026 EPS forecast to $3.58 from $3.57 and increased its Q1 2027 estimate to $1.10 from $0.97. These revisions suggest some confidence in Range Resources’ production mix and pricing outlook, although the firm maintains a “Hold” rating. Zacks Research Lifts Earnings Estimates for Range Resources
• Neutral Sentiment: Range Resources is scheduled to release its next quarterly results on October 27. The report could provide an important catalyst by clarifying realized natural-gas and liquids prices, production trends, and management’s outlook. Range Resources stock schedules October 27 results release
• Neutral Sentiment: A recent analysis said strong liquids prices are partially offsetting mediocre natural-gas prices. The mixed commodity backdrop limits earnings upside but provides some support through Range’s liquids exposure. Range Resources: Strong Liquids Prices Help Partially Offset Mediocre Natural Gas Prices
• Negative Sentiment: Zacks Research reduced EPS estimates for Q4 2026 to $0.78 from $0.79, Q2 2027 to $0.51 from $0.54, Q3 2027 to $0.59 from $0.62, and Q4 2027 to $0.78 from $0.80. The cuts point to softer medium-term expectations and keep the stock’s consensus outlook below Zacks’ full-year forecast of $3.58 versus a broader consensus of $3.74. Zacks Research Range Resources estimates

About Range Resources

Range Resources Corporation is an independent natural gas, natural gas liquids (NGLs) and oil producer headquartered in Fort Worth, Texas. The company explores for, develops and produces hydrocarbons, with a primary focus on unconventional shale resources in the Appalachian Basin.

Range’s principal operating area is the Marcellus Shale in southwestern Pennsylvania, where it produces natural gas, NGLs and condensate. Its products are sold to customers through regional and interstate pipeline systems and other market channels serving utilities, industrial users, power generators and other energy markets.

Founded in 1976, Range Resources has historically operated in several U.S.