Ranger Energy Services, Inc. (NYSE:RNGR – Get Free Report) VP J. Matt Hooker sold 1,291 shares of the business’s stock in a transaction on Thursday, July 23rd. The stock was sold at an average price of $16.50, for a total transaction of $21,301.50. Following the completion of the sale, the vice president directly owned 99,148 shares of the company’s stock, valued at approximately $1,635,942. The trade was a 1.29% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Ranger Energy Services Stock Performance
NYSE:RNGR opened at $14.52 on Wednesday. The stock has a market capitalization of $345.00 million, a PE ratio of 33.77 and a beta of 0.12. Ranger Energy Services, Inc. has a fifty-two week low of $11.88 and a fifty-two week high of $18.82. The company has a fifty day moving average of $15.74 and a two-hundred day moving average of $16.25.
Ranger Energy Services (NYSE:RNGR – Get Free Report) last announced its earnings results on Monday, July 27th. The company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.01). The company had revenue of $176.50 million during the quarter, compared to analyst estimates of $163.93 million. Ranger Energy Services had a net margin of 1.76% and a return on equity of 3.58%. Research analysts forecast that Ranger Energy Services, Inc. will post 1.13 earnings per share for the current year.
Ranger Energy Services Announces Dividend
Wall Street Analyst Weigh In
RNGR has been the subject of a number of research analyst reports. Wall Street Zen raised Ranger Energy Services from a “hold” rating to a “buy” rating in a report on Saturday, April 18th. Zacks Research raised Ranger Energy Services from a “strong sell” rating to a “hold” rating in a research note on Friday, July 3rd. Piper Sandler boosted their price target on Ranger Energy Services from $17.00 to $20.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 15th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Ranger Energy Services in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $20.00.
Read Our Latest Stock Analysis on Ranger Energy Services
Key Ranger Energy Services News
Here are the key news stories impacting Ranger Energy Services this week:
- Positive Sentiment: Second-quarter revenue increased to $176.5 million from $159.1 million in the first quarter and $140.6 million a year earlier, exceeding analysts’ $163.9 million estimate. Net income rose to $6.9 million, or $0.29 per diluted share, from $3.0 million, or $0.12 per share, in the prior-year quarter. Ranger Energy Services Reports Second Quarter 2026 Financial Results
- Positive Sentiment: Management forecast 2026 adjusted EBITDA above $100 million, signaling confidence in demand and profitability for the full year. Ranger Energy forecasts 2026 adjusted EBITDA to exceed $100 million
- Positive Sentiment: Ranger declared a quarterly dividend of $0.06 per share, payable August 21 to shareholders of record August 7, supporting the stock’s income appeal. Ranger Energy Services dividend announcement
- Neutral Sentiment: Vice President J. Matt Hooker sold 1,291 shares for approximately $21,300 under a pre-arranged Rule 10b5-1 trading plan. The relatively small transaction reduced his holdings by 1.29%, limiting its significance as a bearish signal. Ranger Energy insider transaction filing
- Negative Sentiment: Reported quarterly EPS of $0.29 narrowly missed the $0.30 consensus estimate. Other coverage cited adjusted EPS of $0.12 versus expectations of $0.30 and $0.32 a year earlier, highlighting uncertainty around earnings quality and profitability. Ranger Energy Q2 earnings and revenue miss estimates
- Negative Sentiment: Management expects activity to soften in the fourth quarter, creating a near-term risk to revenue growth and margins despite the constructive full-year EBITDA outlook. Ranger Energy Q2 2026 earnings call transcript
Institutional Trading of Ranger Energy Services
A number of hedge funds have recently bought and sold shares of RNGR. IES Holdings Inc. acquired a new position in shares of Ranger Energy Services during the 4th quarter worth approximately $15,201,000. JPMorgan Chase & Co. increased its holdings in shares of Ranger Energy Services by 2,718.0% in the second quarter. JPMorgan Chase & Co. now owns 434,306 shares of the company’s stock valued at $5,186,000 after purchasing an additional 418,894 shares during the last quarter. Simcoe Capital LLC acquired a new stake in shares of Ranger Energy Services in the fourth quarter valued at approximately $2,801,000. AQR Capital Management LLC lifted its position in 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 in the last quarter. Finally, Jacobs Levy Equity Management Inc. lifted its position in Ranger Energy Services by 84.5% during the third quarter. Jacobs Levy Equity Management Inc. now owns 288,857 shares of the company’s stock worth $4,056,000 after buying an additional 132,297 shares in the last quarter. Institutional investors and hedge funds own 68.10% of the company’s stock.
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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