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NYSE: RRC
Range Resources Corp Stock Forecast, Predictions & Price Target

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OverviewForecast
EarningsDividendOwnership

Analyst price target for RRC

Based on 17 analysts offering 12 month price targets for Range Resources Corp.
Min Forecast
$24.00-28.29%
Avg Forecast
$35.29+5.45%
Max Forecast
$51.00+52.38%

Should I buy or sell RRC stock?

Based on 17 analysts offering ratings for Range Resources Corp.
Buy
Strong Buy
6 analysts 35.29%
Buy
1 analysts 5.88%
Hold
7 analysts 41.18%
Sell
0 analysts 0%
Strong Sell
3 analysts 17.65%

RRC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Credit Suisse
Top 2%
99
HoldMaintains$35.00+4.57%2022-07-26
Stifel Nicolaus
Top 5%
96
Strong BuyMaintains$51.00+52.38%2022-07-26
ScotiaBank
Bottom 43%
43
HoldAssumes$36.00+7.56%2022-07-25
Piper Sandler
Top 6%
95
Strong BuyMaintains$44.00+31.46%2022-07-22
Citigroup
Bottom 45%
45
HoldAssumes$31.00-7.38%2022-07-21
MKM Partners
Top 1%
100
HoldAssumes$25.00-25.31%2022-07-20
Morgan Stanley
Top 1%
100
Strong SellMaintains$31.00-7.38%2022-07-19
Mizuho
Top 2%
99
HoldMaintains$38.00+13.53%2022-07-19
Wells Fargo
Top 1%
100
Strong BuyUpgrades$49.00+46.40%2022-07-11
Goldman Sachs
Top 14%
87
Strong SellMaintains$31.00-7.38%2022-07-05

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Forecast return on equity

Is RRC forecast to generate an efficient return?
Company
74.59%
Industry
328.12%
Market
55.26%
RRC's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is RRC forecast to generate an efficient return on assets?
Company
22.29%
Industry
39.21%
RRC is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

RRC earnings per share forecast

What is RRC's earnings per share in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$5.19+142.52%
Avg 2 year Forecast
$5.30+147.66%
Avg 3 year Forecast
$5.61+162.15%
RRC's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

RRC revenue forecast

What is RRC's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$4.0B+22.67%
Avg 2 year Forecast
$4.1B+25.66%
Avg 3 year Forecast
$3.8B+16.3%
RRC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

RRC earnings growth forecast

How is RRC forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
58.18%
Industry
11.41%
Market
17.66%
RRC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
RRC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
RRC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

RRC revenue growth forecast

How is RRC forecast to perform vs Oil & Gas E&P companies and vs the US market?
Company
10.39%
Industry
3.87%
Market
8.2%
RRC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
RRC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

RRC vs Oil and Gas Stocks

TickerPricePrice TargetUp/downsideConsensus
RRC$33.47$35.29+5.45%Buy
APA$33.22$49.00+47.50%Strong Buy
MTDR$56.93$58.40+2.58%Buy
PDCE$61.32$87.80+43.18%Strong Buy
CHK$97.00$109.00+12.37%Strong Buy
View Top Oil and Gas Stocks

Range Resources Stock Forecast FAQ

Is Range Resources Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 17 Wall Street analysts covering (NYSE: RRC) stock is to Buy RRC stock.

Out of 17 analysts, 6 (35.29%) are recommending RRC as a Strong Buy, 1 (5.88%) are recommending RRC as a Buy, 7 (41.18%) are recommending RRC as a Hold, 0 (0%) are recommending RRC as a Sell, and 3 (17.65%) are recommending RRC as a Strong Sell.

If you're new to stock investing, here's how to buy Range Resources stock.

What is RRC's earnings growth forecast for 2022-2024?

(NYSE: RRC) Range Resources's forecast annual earnings growth rate of 58.18% is forecast to beat the US Oil & Gas E&P industry's average forecast earnings growth rate of 11.41%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 17.66%.

Range Resources's earnings in 2022 is $537,146,000.On average, 7 Wall Street analysts forecast RRC's earnings for 2022 to be $1,364,378,926, with the lowest RRC earnings forecast at $1,188,245,231, and the highest RRC earnings forecast at $1,453,760,205. On average, 7 Wall Street analysts forecast RRC's earnings for 2023 to be $1,393,296,399, with the lowest RRC earnings forecast at $1,122,523,703, and the highest RRC earnings forecast at $1,564,172,372.

In 2024, RRC is forecast to generate $1,474,791,094 in earnings, with the lowest earnings forecast at $935,874,562 and the highest earnings forecast at $2,055,769,404.

What is RRC's revenue growth forecast for 2022-2024?

(NYSE: RRC) Range Resources's forecast annual revenue growth rate of 10.39% is forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of 3.87%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 8.2%.

Range Resources's revenue in 2022 is $3,275,348,000.On average, 6 Wall Street analysts forecast RRC's revenue for 2022 to be $1,056,262,469,070, with the lowest RRC revenue forecast at $894,498,916,955, and the highest RRC revenue forecast at $1,227,941,033,823. On average, 6 Wall Street analysts forecast RRC's revenue for 2023 to be $1,082,001,911,280, with the lowest RRC revenue forecast at $1,011,322,876,711, and the highest RRC revenue forecast at $1,144,869,022,115.

In 2024, RRC is forecast to generate $1,001,362,647,662 in revenue, with the lowest revenue forecast at $950,627,205,169 and the highest revenue forecast at $1,074,439,203,581.

What is RRC's forecast return on assets (ROA) for 2022-2024?

(NYSE: RRC) forecast ROA is 22.29%, which is lower than the forecast US Oil & Gas E&P industry average of 39.21%.

What is RRC's Price Target?

According to 17 Wall Street analysts that have issued a 1 year RRC price target, the average RRC price target is $35.29, with the highest RRC stock price forecast at $51.00 and the lowest RRC stock price forecast at $24.00.

On average, Wall Street analysts predict that Range Resources's share price could reach $35.29 by Jul 26, 2023. The average Range Resources stock price prediction forecasts a potential upside of 5.45% from the current RRC share price of $33.47.

What is RRC's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: RRC) Range Resources's current Earnings Per Share (EPS) is $2.14. On average, analysts forecast that RRC's EPS will be $5.19 for 2022, with the lowest EPS forecast at $4.52, and the highest EPS forecast at $5.53. On average, analysts forecast that RRC's EPS will be $5.30 for 2023, with the lowest EPS forecast at $4.27, and the highest EPS forecast at $5.95. In 2024, RRC's EPS is forecast to hit $5.61 (min: $3.56, max: $7.82).

What is RRC's forecast return on equity (ROE) for 2022-2024?

(NYSE: RRC) forecast ROE is 74.59%, which is considered strong.
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