Zacks Research Weighs in on Range Resources FY2026 Earnings

Range Resources Corporation (NYSE:RRC) – Zacks Research boosted their FY2026 earnings per share estimates for Range Resources in a research report issued on Tuesday, October 6th. Zacks Research analyst Team now forecasts that the oil and gas exploration company will post earnings per share of $3.58 for the year, up from their prior estimate of $3.57. 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’ Q4 2026 earnings at $0.78 EPS, Q1 2027 earnings at $1.10 EPS, Q2 2027 earnings at $0.51 EPS, Q3 2027 earnings at $0.59 EPS and Q4 2027 earnings at $0.78 EPS.

Range Resources (NYSE:RRC) last issued its earnings results on Tuesday, July 21st. The oil and gas exploration company reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.13. Range Resources had a return on equity of 18.63% and a net margin of 25.04%.The company had revenue of $759.58 million for the quarter, compared to analyst estimates of $744.78 million. During the same period in the prior year, the firm earned $0.66 earnings per share. Range Resources’s revenue for the quarter was down 2.7% on a year-over-year basis.

RRC has been the topic of a number of other reports. 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. Raymond James Financial set a $45.00 target price on shares of Range Resources in a research report on Monday, July 27th. Citigroup restated a “neutral” rating on shares of Range Resources in a report on Thursday, July 23rd. Barclays raised their price target on shares of Range Resources from $40.00 to $42.00 and gave the company an “equal weight” rating in a research report on Tuesday, September 8th. Finally, BMO Capital Markets reiterated a “market perform” rating on shares of Range Resources in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, sixteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Range Resources currently has an average rating of “Hold” and a consensus target price of $44.00.

Range Resources Stock Performance

Shares of RRC stock opened at $39.84 on Wednesday. The firm has a market capitalization of $9.31 billion, a PE ratio of 11.01 and a beta of 0.71. The firm has a fifty day simple moving average of $40.05 and a two-hundred day simple moving average of $40.20. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.18. Range Resources has a 12 month low of $32.68 and a 12 month high of $48.31.

Range Resources Dividend Announcement

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

Insider Transactions at Range Resources

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

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. Congress Asset Management Co. lifted its position in shares of Range Resources by 3.5% during the 3rd quarter. Congress Asset Management Co. now owns 652,173 shares of the oil and gas exploration company’s stock worth $24,156,000 after buying an additional 21,895 shares in the last quarter. CX Institutional bought a new position in shares of Range Resources in the third quarter valued at approximately $6,360,000. MAC Alpha Capital Management LP grew its holdings in shares of Range Resources by 41.6% in the second 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 in the last quarter. Sequoia Financial Advisors LLC increased its position in shares of Range Resources by 89.0% during the second 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 last quarter. Finally, Tidal Investments LLC increased its position in shares of Range Resources by 62.8% during the second 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 during the last quarter. 98.93% of the stock is owned by institutional investors.

Key Headlines Impacting Range Resources

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

• Positive Sentiment: Zacks Research raised its FY2026 EPS forecast slightly to $3.58 from $3.57 and increased its Q1 2027 estimate to $1.10 from $0.97, suggesting expectations for stronger earnings in those periods. The firm maintains a “Hold” rating. Zacks Research Lifts Earnings Estimates for Range Resources
• Neutral Sentiment: Range Resources scheduled its third-quarter 2026 earnings release for October 27 after the market close, followed by an investor conference call on October 28. The announcement provides a clear near-term catalyst but does not change the company’s earnings outlook. Range Announces Conference Call to Discuss Third Quarter 2026 Financial Results
• Negative Sentiment: Zacks cut its Q4 2026 EPS estimate to $0.78 from $0.79, while lowering forecasts for 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. These reductions outweigh the increases and may pressure sentiment toward the natural-gas and NGL producer.
• Negative Sentiment: Zacks’ FY2026 forecast of $3.58 remains below the broader analyst consensus of $3.74 per share. With the research firm retaining a “Hold” rating, the updates offer limited evidence of a near-term bullish shift.

Range Resources Company Profile

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.