Range Resources Corporation (NYSE:RRC) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Range Resources Corporation (NYSE:RRC) have been assigned a consensus rating of “Hold” from the twenty research firms that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, fourteen have assigned a hold recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $44.00.

A number of equities research analysts have recently weighed in on RRC shares. Citigroup dropped their price objective on shares of Range Resources from $50.00 to $45.00 and set a “neutral” rating on the stock in a report on Tuesday, April 14th. Stephens decreased their price objective on shares of Range Resources from $55.00 to $54.00 and set an “overweight” rating for the company in a research report on Tuesday, April 21st. Freedom Capital upgraded shares of Range Resources from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 24th. TD Cowen upped their price target 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, Morgan Stanley upped their price target on shares of Range Resources from $49.00 to $50.00 and gave the stock an “equal weight” rating in a research report on Friday, May 22nd.

Insider Buying and Selling

In other Range Resources news, Director Brenda A. Cline sold 7,000 shares of the stock in a transaction dated 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 sale, the director owned 28,668 shares in the company, valued at approximately $1,272,859.20. This represents a 19.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.10% of the company’s stock.

Institutional Trading of Range Resources

Several hedge funds have recently made changes to their positions in RRC. Oppenheimer & Co. Inc. lifted its holdings in Range Resources by 753.5% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 90,179 shares of the oil and gas exploration company’s stock worth $3,394,000 after buying an additional 79,613 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Range Resources by 3.3% during the 3rd 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. lifted its position in shares of Range Resources by 71.0% during the 3rd 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. raised its stake 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 acquiring an additional 44,004 shares in the last quarter. Finally, American Century Companies Inc. raised its stake 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 acquiring an additional 49,979 shares in the last quarter. Hedge funds and other institutional investors 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 earnings estimates for multiple periods, including FY2026 to $3.48 per share, Q3 2026 to $0.67, Q3 2027 to $0.72, Q2 2027 to $0.78, and Q4 2026 to $0.85, signaling improved expectations for Range Resources’ earnings power.
• Positive Sentiment: A Yahoo Finance-linked article highlighted that an analyst raised the price target on Range Resources, suggesting at least one bullish valuation revision for the stock. Analyst Raises Price Target on Range Resources (RRC)
• Neutral Sentiment: Despite the higher estimates, Zacks still labels Range Resources as Hold in one update, and its latest consensus-style outlook remains below the broader current-year estimate of $3.70 per share.
• Negative Sentiment: Zacks Research also downgraded Range Resources from Strong Buy to Hold, which may have weighed on sentiment even as earnings forecasts improved.
• Negative Sentiment: One estimate was cut: Zacks lowered Q2 2026 EPS to $0.48 from $0.51, showing some caution around near-term performance.

Range Resources Price Performance

NYSE RRC opened at $38.53 on Wednesday. The firm’s fifty day simple moving average is $41.36 and its two-hundred day simple moving average is $39.37. 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 market capitalization of $9.08 billion, a P/E ratio of 10.19 and a beta of 0.42.

Range Resources (NYSE:RRC) last announced its quarterly earnings data on Tuesday, April 21st. The oil and gas exploration company reported $1.52 earnings per share for the quarter, beating analysts’ consensus estimates of $1.25 by $0.27. The firm had revenue of $1.07 billion for the quarter, compared to analyst estimates of $898.20 million. Range Resources had a net margin of 26.09% and a return on equity of 18.64%. The business’s quarterly revenue was up 49.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.96 earnings per share. Analysts forecast that Range Resources will post 3.71 EPS for the current fiscal year.

Range Resources Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date is Friday, June 12th. This represents a $0.40 dividend on an annualized basis and a yield of 1.0%. Range Resources’s dividend payout ratio is presently 10.58%.

About Range Resources

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.