Range Resources (NYSE:RRC) Downgraded by Zacks Research to Strong Sell

Zacks Research cut shares of Range Resources (NYSE:RRC) from a hold rating to a strong sell rating in a research report sent to investors on Wednesday morning,Zacks.com reports. Zacks Research also issued estimates for Range Resources’ Q4 2025 earnings at $0.65 EPS, FY2025 earnings at $2.72 EPS, Q1 2026 earnings at $0.81 EPS, Q3 2026 earnings at $0.60 EPS and FY2026 earnings at $2.69 EPS.

RRC has been the subject of a number of other reports. Wells Fargo & Company set a $43.00 price objective on shares of Range Resources and gave the stock an “equal weight” rating in a research report on Monday, January 12th. Susquehanna decreased their target price on shares of Range Resources to $39.00 and set a “neutral” rating on the stock in a research note on Monday, October 20th. Royal Bank Of Canada dropped their price target on Range Resources from $46.00 to $44.00 and set a “sector perform” rating for the company in a research note on Wednesday, January 14th. Piper Sandler cut their price objective on Range Resources from $39.00 to $37.00 and set a “neutral” rating on the stock in a report on Tuesday, November 18th. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $39.00 target price (down previously from $44.00) on shares of Range Resources in a report on Monday, December 8th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Range Resources presently has an average rating of “Hold” and a consensus target price of $41.33.

Range Resources Price Performance

Range Resources stock opened at $36.13 on Wednesday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.56 and a current ratio of 0.56. Range Resources has a 52 week low of $30.32 and a 52 week high of $43.50. The stock has a market capitalization of $8.56 billion, a P/E ratio of 15.18, a price-to-earnings-growth ratio of 0.35 and a beta of 0.51. The stock has a fifty day moving average of $36.30 and a 200-day moving average of $36.20.

Range Resources (NYSE:RRC) last released its quarterly earnings data on Tuesday, October 28th. The oil and gas exploration company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.03. The business had revenue of $655.30 million for the quarter, compared to analyst estimates of $721.22 million. Range Resources had a return on equity of 15.99% and a net margin of 19.64%.Range Resources’s revenue was up 21.7% compared to the same quarter last year. During the same period last year, the firm posted $0.48 earnings per share. On average, sell-side analysts expect that Range Resources will post 2.02 earnings per share for the current fiscal year.

Range Resources Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Friday, December 12th were issued a $0.09 dividend. The ex-dividend date was Friday, December 12th. This represents a $0.36 annualized dividend and a yield of 1.0%. Range Resources’s dividend payout ratio is presently 15.13%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. CWA Asset Management Group LLC grew its holdings in shares of Range Resources by 43.5% during the third quarter. CWA Asset Management Group LLC now owns 388,569 shares of the oil and gas exploration company’s stock valued at $14,626,000 after buying an additional 117,722 shares during the last quarter. Laffer Tengler Investments Inc. acquired a new stake in shares of Range Resources in the 2nd quarter worth about $370,000. Farther Finance Advisors LLC lifted its position in Range Resources by 116.0% in the 2nd quarter. Farther Finance Advisors LLC now owns 4,094 shares of the oil and gas exploration company’s stock valued at $167,000 after acquiring an additional 2,199 shares in the last quarter. Congress Asset Management Co. lifted its position in Range Resources by 12.1% in the 3rd quarter. Congress Asset Management Co. now owns 539,285 shares of the oil and gas exploration company’s stock valued at $20,299,000 after acquiring an additional 58,335 shares in the last quarter. Finally, Builder Investment Group Inc. ADV boosted its stake in Range Resources by 84.5% during the 3rd quarter. Builder Investment Group Inc. ADV now owns 136,820 shares of the oil and gas exploration company’s stock valued at $5,150,000 after purchasing an additional 62,675 shares during the last quarter. Institutional investors and hedge funds own 98.93% of the company’s stock.

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.