Range Resources (NYSE:RRC) Price Target Raised to $44.00

Range Resources (NYSE:RRC) had its target price hoisted by Bank of America from $38.00 to $44.00 in a research report report published on Tuesday morning,Benzinga reports. They currently have a neutral rating on the oil and gas exploration company’s stock.

RRC has been the topic of a number of other reports. Citigroup reduced their target price 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. Truist Financial reduced their target price on shares of Range Resources from $48.00 to $46.00 and set a “hold” rating on the stock in a report on Thursday, April 9th. Zacks Research upgraded shares of Range Resources from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 18th. Freedom Capital upgraded shares of Range Resources to a “hold” rating in a report on Thursday, April 2nd. Finally, TD Cowen boosted their target price on shares of Range Resources from $40.00 to $45.00 and gave the stock a “hold” rating in a report on Tuesday, March 17th. Four equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $43.41.

Range Resources Stock Performance

Range Resources stock opened at $42.63 on Tuesday. The company’s 50-day moving average price is $42.22 and its 200-day moving average price is $38.54. Range Resources has a twelve month low of $32.60 and a twelve month high of $48.31. The company has a quick ratio of 0.67, a current ratio of 0.55 and a debt-to-equity ratio of 0.18. The company has a market cap of $10.05 billion, a PE ratio of 11.28, a price-to-earnings-growth ratio of 0.79 and a beta of 0.51.

Range Resources (NYSE:RRC) last posted its earnings results on Tuesday, April 21st. The oil and gas exploration company reported $1.52 earnings per share for the quarter, topping analysts’ consensus estimates of $1.25 by $0.27. Range Resources had a net margin of 26.09% and a return on equity of 18.64%. The firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $898.20 million. During the same period in the previous year, the firm posted $0.96 EPS. The business’s quarterly revenue was up 49.8% on a year-over-year basis. On average, equities research analysts forecast that Range Resources will post 3.65 EPS for the current fiscal year.

Range Resources Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Friday, March 13th were issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.9%. The ex-dividend date was Friday, March 13th. This is a positive change from Range Resources’s previous quarterly dividend of $0.09. Range Resources’s payout ratio is currently 10.58%.

Insider Buying and Selling

In related news, Director Brenda A. Cline sold 7,000 shares of the company’s stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $44.40, for a total transaction of $310,800.00. Following the transaction, the director directly owned 28,668 shares in the company, valued at approximately $1,272,859.20. This represents a 19.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On Range Resources

Hedge funds have recently added to or reduced their stakes in the company. Los Angeles Capital Management LLC bought a new position in Range Resources during the 4th quarter valued at about $34,000. True Wealth Design LLC grew its holdings in Range Resources by 116.3% during the 3rd quarter. True Wealth Design LLC now owns 1,006 shares of the oil and gas exploration company’s stock valued at $38,000 after purchasing an additional 541 shares during the last quarter. Smartleaf Asset Management LLC grew its holdings in Range Resources by 49.6% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,013 shares of the oil and gas exploration company’s stock valued at $38,000 after purchasing an additional 336 shares during the last quarter. SBI Okasan Asset Management Co.Ltd. purchased a new stake in Range Resources in the 4th quarter valued at about $57,000. Finally, Basepoint Wealth LLC bought a new position in Range Resources in the 4th quarter worth about $61,000. 98.93% of the stock is currently owned by institutional investors.

Trending Headlines about Range Resources

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

• Positive Sentiment: Q1 2026 earnings beat — Range posted stronger-than-expected revenue and EPS driven by higher production and improved natural?gas price realizations; revenue topped $1B and margins expanded, supporting near?term cash generation. RRC Q1 Earnings Surpass Estimates on Higher Price Realizations
• Positive Sentiment: Earnings call highlighted record margins and strong cash flow — Management emphasized high operating margins, robust free cash flow and capital discipline, which support shareholder returns and a favorable payout/capital allocation outlook. Range Resources Corp (RRC) Q1 2026 Earnings Call Highlights: Record Cash Flow and Strategic …
• Positive Sentiment: Operational efficiency and export tailwinds — Company reports and analyst writeups point to better well performance, cost control and growing LNG/export demand that boosted realizations and helped drive outperformance vs. peers. RRC Q1 Deep Dive: Operational Efficiency and Export Tailwinds Drive Outperformance
• Positive Sentiment: Bank of America raised its price target to $44 — A notable sell?side upgrade that signals improving analyst sentiment and provides support for the stock’s valuation. Bank of America Raises Range Resources (NYSE:RRC) Price Target to $44.00
• Positive Sentiment: Technicals: rising relative price strength — Market screens note RRC among stocks gaining relative momentum, which can attract trend?following flows. Stocks with rising relative price strength: Range Resources
• Neutral Sentiment: Company maintains a measured 2026 production-growth plan — Management is prioritizing capital discipline over aggressive volume growth, which reduces execution risk but may limit near?term production upside. Range Resources sticking to measured 2026 growth plan
• Neutral Sentiment: Analyst/metrics digests and transcript available — Multiple outlets parsed the call and granular metrics (costs, volumes, realized prices); the transcript and analyst notes offer detail for model updates. Range Resources Corporation (RRC) Q1 2026 Earnings Call Transcript Compared to Estimates, Range Resources (RRC) Q1 Earnings: A Look at Key Metrics
• Neutral Sentiment: Broader analyst commentary — Coverage pieces note RRC’s strengths vs. peers but also highlight sensitivity to natural gas prices and macro demand for LNG exports. Analysts Offer Insights on Energy Companies: Exxon Mobil (XOM) and Range Resources (RRC)

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.