In recent trading session, Range Resources Corp (NYSE:RRC) saw 0.47 million shares changing hands at last check today with its beta currently measuring 0.64. Company’s recent per share price level of $34.32 trading at $0.27 or 0.79% at last check today assigns it a market valuation of $8.20B. That most recent trading price of RRC’s stock is at a discount of -22.23% from its 52-week high price of $41.95 and is indicating a premium of 20.48% from its 52-week low price of $27.29. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.64 million shares which gives us an average trading volume of 3.05 million if we extend that period to 3-months.
For Range Resources Corp (RRC), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.45. Splitting up the data highlights that, out of 20 analysts covering the stock, 2 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 8 suggested the stock as a Hold whereas 10 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.75 in the current quarter.
Range Resources Corp (NYSE:RRC) trade information
Upright in the green today for gaining 0.79%, in the last five days RRC remained trading in the green while hitting it’s week-highest on Wednesday, 04/23/25 when the stock touched $34.32 price level, adding 2.5% to its value on the day. Range Resources Corp’s shares saw a change of -4.61% in year-to-date performance and have moved 0.65% in past 5-day. Range Resources Corp (NYSE:RRC) showed a performance of -14.50% in past 30-days. Number of shares sold short was 13.03 million shares which calculate 4.56 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 40.5 to the stock, which implies a rise of 15.26% to its recent value today. Analysts have been projecting 33 as a low price target for the stock while placing it at a high target of 51. It follows that stock’s current price would jump 3.85% in reaching the projected high whereas dropping to the targeted low would mean a gain of 3.85% for stock’s current value.
Range Resources Corp (RRC) estimates and forecasts
This year revenue growth is estimated to rise 23.42% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 710.28M for the same. And 5 analysts are in estimates of company making revenue of 729.25M in the next quarter. Company posted 530.04M and 615.03M of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around 44.46% while estimates for its earnings growth in next 5 years are of 22.90%.
RRC Dividends
Range Resources Corp is more likely to be releasing its next quarterly report on 2025-Apr-21 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 0.96%, the share has a forward dividend of 0.33 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 0.78%.
Range Resources Corp (NYSE:RRC)’s Major holders
Insiders are in possession of 1.16% of company’s total shares while institution are holding 100.79 percent of that, with stock having share float percentage of 101.98%. Investors also watch the number of corporate investors in a company very closely, which is 100.79% institutions for Range Resources Corp that are currently holding shares of the company. PRICE T ROWE ASSOCIATES INC /MD/ is the top institutional holder at RRC for having 29.37 million shares of worth $984.71 million. And as of 2024-06-30, it was holding 12.1795 of the company’s outstanding shares.
The second largest institutional holder is FMR LLC, which was holding about 27.43 million shares on 2024-06-30. The number of shares represents firm’s hold over 11.3741 of outstanding shares, having a total worth of $919.59 million.
On the other hand, -Price (T.Rowe) U.S. Value Equity Trust and T. Rowe Price Value Fund, Inc. are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 11.36 shares of worth $391.15 million or 4.71% of the total outstanding shares. The later fund manager was in possession of 10.32 shares on Dec 31, 2024 , making its stake of worth around $355.28 million in the company or a holder of 4.28% of company’s stock.
