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

OverviewForecast
EarningsDividendOwnership

Analyst price target for RRC

Based on 19 analysts offering 12 month price targets for Range Resources Corp.
Min Forecast
$24.00-1.92%
Avg Forecast
$35.42+44.75%
Max Forecast
$51.00+108.42%

Should I buy or sell RRC stock?

Based on 19 analysts offering ratings for Range Resources Corp.
Buy
Strong Buy
7 analysts 36.84%
Buy
1 analysts 5.26%
Hold
9 analysts 47.37%
Sell
0 analysts 0%
Strong Sell
2 analysts 10.53%

Be the first to know when Wall Street analysts revise their RRC stock forecasts and price targets.

RRC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Tudor Pickering
Top 35%
66
Strong BuyUpgrades$33.00+34.86%2023-03-21
RBC Capital
Top 6%
95
BuyReiterates$40.00+63.47%2023-03-15
Piper Sandler
Bottom 22%
22
Strong BuyMaintains$40.00+63.47%2023-03-07
Wells Fargo
Top 5%
96
HoldMaintains$30.00+22.60%2023-03-06
Morgan Stanley
Top 1%
100
Strong SellMaintains$24.00-1.92%2023-01-24
Mizuho
Top 2%
99
HoldAssumes$32.00+30.77%2023-01-10
Susquehanna
Bottom 11%
11
Strong BuyUpgrades$38.00+55.29%2022-10-26
Credit Suisse
Top 3%
98
HoldMaintains$34.00+38.95%2022-10-25
Stifel Nicolaus
Bottom 20%
20
Strong BuyReinstates$32.00+30.77%2022-10-25
Jefferies
Top 1%
100
HoldInitiates Coverage On$31.00+26.69%2022-10-19

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Forecast return on equity

Is RRC forecast to generate an efficient return?
Company
46.94%
Industry
48.32%
Market
51.53%
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
20.37%
Industry
17.22%
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 2 years based on estimates from 8 analysts?
Avg 1 year Forecast
$5.30+10.65%
Avg 2 year Forecast
$5.61+17.12%
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 2 years based on estimates from 6 analysts?
Avg 1 year Forecast
$4.1B-0.75%
Avg 2 year Forecast
$3.8B-8.14%
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
10.65%
Industry
5.32%
Market
77.86%
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
-0.75%
Industry
-2.41%
Market
25.31%
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$24.47$35.42+44.75%Buy
MUR$34.50$48.18+39.66%Buy
AR$21.72$37.56+72.91%Strong Buy
PR$9.59$12.29+28.16%Buy
SWN$4.85$8.97+84.99%Buy
View Top Oil and Gas Stocks

Range Resources Stock Forecast FAQ

Is Range Resources Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 19 Wall Street analysts covering (NYSE: RRC) stock is to Buy RRC stock.

Out of 19 analysts, 7 (36.84%) are recommending RRC as a Strong Buy, 1 (5.26%) are recommending RRC as a Buy, 9 (47.37%) are recommending RRC as a Hold, 0 (0%) are recommending RRC as a Sell, and 2 (10.53%) 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 2023-2024?

(NYSE: RRC) Range Resources's forecast annual earnings growth rate of 10.65% is forecast to beat the US Oil & Gas E&P industry's average forecast earnings growth rate of 5.32%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 77.86%.

Range Resources's earnings in 2023 is $1,183,370,000.On average, 8 Wall Street analysts forecast RRC's earnings for 2023 to be $1,275,271,356, with the lowest RRC earnings forecast at $1,027,435,602, and the highest RRC earnings forecast at $1,431,672,560.

In 2024, RRC is forecast to generate $1,349,862,700 in earnings, with the lowest earnings forecast at $856,597,364 and the highest earnings forecast at $1,881,626,793.

What is RRC's revenue growth forecast for 2023-2024?

(NYSE: RRC) Range Resources's forecast annual revenue growth rate of -0.75% is forecast to beat the US Oil & Gas E&P industry's average forecast revenue growth rate of -2.41%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 25.31%.

Range Resources's revenue in 2023 is $4,146,803,000.On average, 6 Wall Street analysts forecast RRC's revenue for 2023 to be $990,346,379,844, with the lowest RRC revenue forecast at $925,654,510,739, and the highest RRC revenue forecast at $1,047,888,067,135.

In 2024, RRC is forecast to generate $916,538,004,864 in revenue, with the lowest revenue forecast at $870,100,321,826 and the highest revenue forecast at $983,424,303,170.

What is RRC's forecast return on assets (ROA) for 2023-2024?

(NYSE: RRC) forecast ROA is 20.37%, which is higher than the forecast US Oil & Gas E&P industry average of 17.22%.

What is RRC's Price Target?

According to 19 Wall Street analysts that have issued a 1 year RRC price target, the average RRC price target is $35.42, 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 $35.42 by Mar 21, 2024. The average Range Resources stock price prediction forecasts a potential upside of 44.75% from the current RRC share price of $24.47.

What is RRC's Earnings Per Share (EPS) forecast for 2023-2024?

(NYSE: RRC) Range Resources's current Earnings Per Share (EPS) is $4.79. 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 2023-2024?

(NYSE: RRC) forecast ROE is 46.94%, which is considered strong.
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