Ranger Energy Services, Inc. (NYSE:RNGR – Free Report) – Research analysts at Johnson Rice issued their Q2 2026 earnings per share estimates for Ranger Energy Services in a report released on Wednesday, July 22nd. Johnson Rice analyst D. Crist anticipates that the company will post earnings of $0.28 per share for the quarter. The consensus estimate for Ranger Energy Services’ current full-year earnings is $1.13 per share.
Other research analysts also recently issued research reports about the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Ranger Energy Services in a report on Wednesday, June 24th. Piper Sandler upped their target price on shares of Ranger Energy Services from $17.00 to $20.00 and gave the company an “overweight” rating in a report on Wednesday, April 15th. Zacks Research raised shares of Ranger Energy Services from a “strong sell” rating to a “hold” rating in a research report on Friday, July 3rd. Finally, Wall Street Zen raised Ranger Energy Services from a “hold” rating to a “buy” rating in a report on Saturday, April 18th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $20.00.
Ranger Energy Services Trading Down 1.5%
RNGR opened at $16.04 on Friday. The firm has a market cap of $381.06 million, a price-to-earnings ratio of 25.46 and a beta of 0.12. The stock’s 50-day moving average price is $15.82 and its 200 day moving average price is $16.23. Ranger Energy Services has a 12-month low of $11.88 and a 12-month high of $18.82.
Ranger Energy Services (NYSE:RNGR – Get Free Report) last released its quarterly earnings results on Monday, April 27th. The company reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.24). The business had revenue of $159.10 million for the quarter, compared to analysts’ expectations of $156.20 million. Ranger Energy Services had a return on equity of 5.12% and a net margin of 2.58%.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of RNGR. Dimensional Fund Advisors LP increased its stake in Ranger Energy Services by 3.4% in the first quarter. Dimensional Fund Advisors LP now owns 1,273,108 shares of the company’s stock valued at $21,822,000 after purchasing an additional 41,648 shares during the period. IES Holdings Inc. acquired a new stake in shares of Ranger Energy Services during the fourth quarter worth about $15,201,000. Vanguard Group Inc. grew its holdings in shares of Ranger Energy Services by 1.7% during the third quarter. Vanguard Group Inc. now owns 845,875 shares of the company’s stock worth $11,876,000 after buying an additional 13,970 shares during the last quarter. AQR Capital Management LLC grew its holdings in shares of Ranger Energy Services by 44.4% during the fourth quarter. AQR Capital Management LLC now owns 580,611 shares of the company’s stock worth $8,117,000 after buying an additional 178,486 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in Ranger Energy Services by 2,718.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 434,306 shares of the company’s stock valued at $5,186,000 after acquiring an additional 418,894 shares during the period. 68.10% of the stock is owned by hedge funds and other institutional investors.
Ranger Energy Services Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Friday, May 8th were given a $0.06 dividend. The ex-dividend date was Friday, May 8th. This represents a $0.24 annualized dividend and a yield of 1.5%. Ranger Energy Services’s dividend payout ratio is 38.10%.
Ranger Energy Services Company Profile
Ranger Energy Services, Inc, based in The Woodlands, Texas, is a North American land drilling contractor serving exploration and production companies in the oil and natural gas industry. The company provides contract drilling, well servicing, pressure pumping and completion support services designed to enhance operational efficiency and optimize well performance.
Through its diversified fleet of drilling and service rigs and ancillary equipment, Ranger offers turnkey solutions across all phases of the drilling lifecycle—from pad construction and drilling to completion and workover operations.
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