Research Analysts Offer Predictions for RNGR Q2 Earnings

Ranger Energy Services, Inc. (NYSE:RNGR) – Equities research analysts at Johnson Rice issued their Q2 2026 earnings per share estimates for shares of Ranger Energy Services in a research note issued on Wednesday, July 22nd. Johnson Rice analyst D. Crist forecasts that the company will post earnings per share of $0.28 for the quarter. The consensus estimate for Ranger Energy Services’ current full-year earnings is $1.13 per share.

A number of other equities analysts have also recently weighed in on RNGR. Piper Sandler increased their price objective on shares of Ranger Energy Services from $17.00 to $20.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 15th. Wall Street Zen upgraded Ranger Energy Services from a “hold” rating to a “buy” rating in a research note on Saturday, April 18th. Zacks Research upgraded Ranger Energy Services from a “strong sell” rating to a “hold” rating in a research report on Friday, July 3rd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Ranger Energy Services in a report on Wednesday, June 24th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $20.00.

Ranger Energy Services Stock Performance

RNGR stock opened at $15.74 on Friday. The firm has a market cap of $373.93 million, a PE ratio of 24.98 and a beta of 0.12. The firm’s 50 day moving average price is $15.81 and its 200-day moving average price is $16.23. Ranger Energy Services has a one year low of $11.88 and a one year high of $18.82.

Ranger Energy Services (NYSE:RNGR) last released its earnings results on Monday, April 27th. The company reported $0.12 earnings per share (EPS) 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%.

Hedge Funds Weigh In On Ranger Energy Services

Several hedge funds have recently added to or reduced their stakes in the stock. AQR Capital Management LLC lifted its position in Ranger Energy Services by 11.9% in the first quarter. AQR Capital Management LLC now owns 244,598 shares of the company’s stock valued at $3,471,000 after acquiring an additional 25,923 shares during the last quarter. Empowered Funds LLC boosted its stake in Ranger Energy Services by 5.5% in the first quarter. Empowered Funds LLC now owns 137,775 shares of the company’s stock valued at $1,955,000 after acquiring an additional 7,150 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of Ranger Energy Services by 71.5% during the first quarter. Jane Street Group LLC now owns 19,000 shares of the company’s stock worth $270,000 after purchasing an additional 7,924 shares during the last quarter. Envestnet Asset Management Inc. purchased a new stake in shares of Ranger Energy Services in the 2nd quarter valued at about $132,000. Finally, Geode Capital Management LLC lifted its holdings in shares of Ranger Energy Services by 6.7% in the 2nd quarter. Geode Capital Management LLC now owns 387,100 shares of the company’s stock valued at $4,623,000 after purchasing an additional 24,396 shares during the last quarter. 68.10% of the stock is currently owned by hedge funds and other institutional investors.

Ranger Energy Services Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Friday, May 8th were paid a dividend of $0.06 per share. 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 payout ratio is presently 38.10%.

About Ranger Energy Services

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.