Range Resources Corporation (RRC)
NYSE: RRC · Real-Time Price · USD
35.47
+0.31 (0.88%)
Nov 21, 2024, 2:59 PM EST - Market open
Range Resources Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for Range Resources stock have an average target of 35.12, with a low estimate of 27 and a high estimate of 45. The average target predicts a decrease of -0.99% from the current stock price of 35.47.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for RRC stock from 19 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 4 | 4 | 4 |
| Hold | 9 | 10 | 9 | 10 | 11 | 11 |
| Sell | 3 | 3 | 3 | 3 | 2 | 2 |
| Strong Sell | 1 | 1 | 0 | 1 | 1 | 1 |
| Total | 18 | 19 | 17 | 19 | 19 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $31 → $30 | Hold | Maintains | $31 → $30 | -15.42% | Nov 18, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $37 → $39 | Buy | Maintains | $37 → $39 | +9.95% | Oct 25, 2024 |
| Wells Fargo | Wells Fargo | Hold Maintains $39 → $38 | Hold | Maintains | $39 → $38 | +7.13% | Oct 25, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Maintains $36 → $37 | Buy | Maintains | $36 → $37 | +4.31% | Oct 23, 2024 |
| Benchmark | Benchmark | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Oct 23, 2024 |
Financial Forecast
Revenue This Year
2.52B
from 2.55B
Decreased by -1.15%
Revenue Next Year
2.96B
from 2.52B
Increased by 17.12%
EPS This Year
2.15
from 3.57
Decreased by -39.81%
EPS Next Year
3.00
from 2.15
Increased by 39.58%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.9B | 3.5B | 3.5B |
| Avg | 2.5B | 3.0B | 3.1B |
| Low | 2.3B | 2.7B | 2.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 15.3% | 38.6% | 19.3% |
| Avg | -1.1% | 17.1% | 3.5% |
| Low | -10.7% | 5.8% | -8.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.81 | 4.28 | 4.64 | ||
| Avg | 2.15 | 3.00 | 3.26 | ||
| Low | 1.23 | 2.29 | 2.06 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -21.2% | 99.0% | 54.7% | ||
| Avg | -39.8% | 39.6% | 8.8% | ||
| Low | -65.7% | 6.7% | -31.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.