Range Resources Corp (RRC) is looking forward to a strong quarter

With 5.87 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.08 million shares. During the session, the Oil & Gas E&P company that operates in wider Energy sector, reached to the highest price of $31.39 whereas the lowest price it dropped to was $29.69. The 52-week range on RRC shows that it touched its highest point at $39.33 and its lowest point at $27.29 during that stretch. It currently has a 1-year price target of $34.74. With its current market cap of 7.49 billion, RRC has annualized dividend of $0.32 while the current yield stands at 1.03%. RRC paid its most recent dividend on 1726185600, while the ex-dividend date for that was 1726185600. Beta for the stock currently stands at 1.80.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of RRC was up-trending over the past week, with a rise of 3.96%, but this was down by -0.48% over a month. Three-month performance dropped to -1.99% while six-month performance fell -18.06%. The stock lost -10.76% in the past year, while it has gained 1.68% so far this year. A look at the trailing 12-month EPS for RRC yields 1.97 with Next year EPS estimates of 2.89. For the next quarter, that number is 0.57. This implies an EPS growth rate of -10.85% for this year and 35.14% for next year.

Float and Shares Shorts:

At present, 241.04 million RRC shares are outstanding with a float of 239.02 million shares on hand for trading. On 2024-09-30, short shares totaled 12.22 million, which was 505.00000000000006 higher than short shares on 1724976000. In addition to Mr. Dennis L. Degner as the firm’s CEO, President & Director, Mr. Mark S. Scucchi serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.96662 of RRC’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, RRC reported revenue of $567909000.0 and operating income of $58768000.0. The EBITDA in the recently reported quarter was $151835000.0 and diluted EPS was $0.21.