Zacks Research Predicts Higher Earnings for Range Resources

Range Resources Corporation (NYSE:RRC) – Zacks Research increased their Q3 2026 EPS estimates for shares of Range Resources in a research note issued on Wednesday, June 10th. Zacks Research analyst Team now expects that the oil and gas exploration company will earn $0.67 per share for the quarter, up from their prior estimate of $0.64. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Range Resources’ current full-year earnings is $3.70 per share. Zacks Research also issued estimates for Range Resources’ FY2026 earnings at $3.48 EPS, Q3 2027 earnings at $0.72 EPS and FY2027 earnings at $3.24 EPS.

Other analysts have also recently issued research reports about the stock. Barclays increased their price target on shares of Range Resources from $39.00 to $41.00 and gave the company an “equal weight” rating in a research note on Monday, March 16th. Bank of America increased their price target on shares of Range Resources from $38.00 to $44.00 and gave the company a “neutral” rating in a research note on Tuesday, April 21st. Citigroup dropped their price target on shares of Range Resources from $50.00 to $45.00 and set a “neutral” rating for the company in a research note on Tuesday, April 14th. TD Cowen increased their price objective on shares of Range Resources from $40.00 to $45.00 and gave the stock a “hold” rating in a research report on Tuesday, March 17th. Finally, Wells Fargo & Company increased their price objective on shares of Range Resources from $43.00 to $46.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $44.00.

Range Resources Stock Down 3.0%

RRC stock opened at $37.97 on Friday. The company has a market cap of $8.95 billion, a price-to-earnings ratio of 10.04 and a beta of 0.42. The company has a current ratio of 0.55, a quick ratio of 0.55 and a debt-to-equity ratio of 0.18. Range Resources has a 12 month low of $32.60 and a 12 month high of $48.31. The firm has a 50-day moving average of $41.46 and a two-hundred day moving average of $39.37.

Range Resources (NYSE:RRC) last released its quarterly earnings data on Tuesday, April 21st. The oil and gas exploration company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.25 by $0.27. The company had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $898.20 million. Range Resources had a net margin of 26.09% and a return on equity of 18.64%. Range Resources’s quarterly revenue was up 49.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.96 EPS.

Hedge Funds Weigh In On Range Resources

Institutional investors and hedge funds have recently bought and sold shares of the stock. Oppenheimer & Co. Inc. increased its position in Range Resources by 753.5% during the third quarter. Oppenheimer & Co. Inc. now owns 90,179 shares of the oil and gas exploration company’s stock worth $3,394,000 after purchasing an additional 79,613 shares during the last quarter. Vanguard Group Inc. increased its position in Range Resources by 3.3% during the third quarter. Vanguard Group Inc. now owns 24,851,886 shares of the oil and gas exploration company’s stock worth $935,425,000 after purchasing an additional 799,574 shares during the last quarter. Citigroup Inc. increased its position in Range Resources by 71.0% during the third quarter. Citigroup Inc. now owns 307,604 shares of the oil and gas exploration company’s stock worth $11,578,000 after purchasing an additional 127,753 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in Range Resources by 48.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 135,125 shares of the oil and gas exploration company’s stock worth $5,086,000 after buying an additional 44,004 shares during the last quarter. Finally, American Century Companies Inc. lifted its holdings in Range Resources by 7.1% during the 3rd quarter. American Century Companies Inc. now owns 754,293 shares of the oil and gas exploration company’s stock worth $28,392,000 after buying an additional 49,979 shares during the last quarter. Institutional investors and hedge funds own 98.93% of the company’s stock.

Insider Buying and Selling at Range Resources

In other news, Director Brenda A. Cline sold 7,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $44.40, for a total value of $310,800.00. Following the completion of the transaction, the director owned 28,668 shares of the company’s stock, valued at $1,272,859.20. The trade was a 19.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.10% of the stock is currently owned by corporate insiders.

Range Resources Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Friday, June 12th will be issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, June 12th. Range Resources’s dividend payout ratio is 10.58%.

Range Resources News Roundup

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

• Positive Sentiment: Zacks Research raised multiple forward EPS estimates for Range Resources, including FY2026, Q3 2026, Q2 2027, Q3 2027, and FY2027, signaling a more favorable earnings outlook. Analyst Raises Price Target on Range Resources (RRC)
• Neutral Sentiment: Despite the upgrades, Zacks still has a mixed stance overall, with a Hold rating on Range Resources, which may limit enthusiasm. Zacks.com
• Negative Sentiment: One note lowered Q2 2026 EPS estimates and Zacks also downgraded Range Resources from Strong-Buy to Hold, which could weigh on sentiment. Zacks.com

Range Resources Company Profile

Range Resources Corporation, headquartered in Fort Worth, Texas, is an independent energy company engaged in the exploration, development and production of natural gas, oil and natural gas liquids. The company focuses its core operations on the Appalachian Basin, with a significant presence in Pennsylvania’s Marcellus Shale. Through its drilling and completion activities, Range Resources seeks to optimize production efficiency while maintaining a disciplined approach to capital allocation and cost management.

The company’s technical expertise centers on advanced horizontal drilling and hydraulic fracturing techniques, which it applies to unlock unconventional resources.