Range Resources Corp (NYSE: RRC) is 22.68% higher on its value in year-to-date trading and has touched a low of $27.29 and a high of $43.50 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RRC stock was last observed hovering at around $41.93 in the last trading session, with the day’s loss setting it -38.89%.
Currently trading at $3.04M, the stock is 2.57% and 8.28% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.98 million and changing 1977154% at the moment leaves the stock 14.93% off its SMA200. RRC registered 14.12% gain for a year compared to 6-month gain of 23.90%. The firm has a 50-day simple moving average (SMA 50) of $37.92 and a 200-day simple moving average (SMA200) of $35.7253.
The stock witnessed a 3.82% loss in the last 1 month and extending the period to 3 months gives it a 2.29%, and is -2.84% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.85% over the week and 2.09% over the month.
Range Resources Corp (RRC) has around 565 employees, a market worth around $9.81B and $2.61B in sales. Current P/E ratio is 36.81 and Fwd P/E is 9.56. Profit margin for the company is 10.35%. Distance from 52-week low is 50.46% and -5.61% from its 52-week high. The company has generated returns on investments over the last 12 months (5.34%).
The EPS is expected to grow by 45.73% this year
659.0 institutions hold shares in Range Resources Corp (RRC), with institutional investors hold 99.60% of the company’s shares. The shares outstanding are 239.90M, and float is at 232.79M with Short Float at 6.49%. Institutions hold 98.43% of the Float.
The top institutional shareholder in the company is PRICE T ROWE ASSOCIATES INC /MD/ with over 29.37 million shares valued at $984.71 million. The investor’s holdings represent 12.1795 of the RRC Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 27.43 million shares valued at $919.59 million to account for 11.3741 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 24.58 million shares representing 10.1955 and valued at over $824.3 million, while BLACKROCK INC. holds 9.4634 of the shares totaling 22.82 million with a market value of $765.11 million.
Range Resources Corp (RRC) Insider Activity
Range Resources Corp disclosed in a document filed with the SEC on May 27 ’25 that Spiller Reginal (Director) sold a total of 4,200 shares of the company’s common stock. The trade occurred on May 27 ’25 and was made at $40.16 per share for $0.17 million. Following the transaction, the insider now directly holds 13663.0 shares of the RRC stock.
Still, SEC filings show that on May 13 ’25, McDowell Erin W (SVP & General Counsel) disposed off 9,568 shares at an average price of $40.62 for $0.39 million. The insider now directly holds 13,800 shares of Range Resources Corp (RRC).
