Key Points
- VP J. Matt Hooker sold 1,291 Ranger Energy Services shares for approximately $21,300 under a pre-arranged Rule 10b5-1 plan, reducing his holdings by 1.29%.
- Ranger reported quarterly revenue of $176.5 million, above expectations, while EPS of $0.29 narrowly missed consensus. Management expects 2026 adjusted EBITDA to exceed $100 million but anticipates softer activity in the fourth quarter.
- The company declared a quarterly dividend of $0.06 per share, representing a 1.7% yield, while analysts maintain a consensus “Hold” rating and a $20 price target.
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 dated Thursday, July 23rd. The shares were sold at an average price of $16.50, for a total transaction of $21,301.50. Following the transaction, the vice president directly owned 99,148 shares in the company, valued at approximately $1,635,942. The trade was a 1.29% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Ranger Energy Services Trading Down 6.1%
Shares of RNGR opened at $14.52 on Wednesday. Ranger Energy Services, Inc. has a 12-month low of $11.88 and a 12-month high of $18.82. The firm has a market capitalization of $345.00 million, a P/E ratio of 33.77 and a beta of 0.12. The firm has a 50-day moving average price of $15.74 and a 200 day moving average price of $16.25.
Ranger Energy Services (NYSE:RNGR - Get Free Report) last issued its earnings results on Monday, July 27th. The company reported $0.29 EPS for the quarter, missing analysts' consensus estimates of $0.30 by ($0.01). The firm had revenue of $176.50 million for the quarter, compared to analysts' expectations of $163.93 million. Ranger Energy Services had a return on equity of 3.58% and a net margin of 1.76%. Equities research analysts predict that Ranger Energy Services, Inc. will post 1.13 earnings per share for the current fiscal year.
Ranger Energy Services Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, August 21st. Stockholders of record on Friday, August 7th will be given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, August 7th. Ranger Energy Services's payout ratio is presently 38.10%.
Institutional Trading of Ranger Energy Services
Institutional investors have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP raised its position 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. purchased a new position in shares of Ranger Energy Services during the fourth quarter worth $15,201,000. Vanguard Group Inc. boosted its position 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 period. AQR Capital Management LLC grew its stake in shares of Ranger Energy Services by 44.4% in the fourth quarter. AQR Capital Management LLC now owns 580,611 shares of the company's stock valued at $8,117,000 after buying an additional 178,486 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its stake 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 buying an additional 418,894 shares in the last quarter. Institutional investors and hedge funds own 68.10% of the company's stock.
Key Stories Impacting Ranger Energy Services
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
Analysts Set New Price Targets
RNGR has been the subject of several analyst reports. Piper Sandler increased their price objective 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. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Ranger Energy Services in a research note on Wednesday, June 24th. Zacks Research upgraded shares of Ranger Energy Services from a "strong sell" rating to a "hold" rating in a report on Friday, July 3rd. Finally, Wall Street Zen upgraded shares of Ranger Energy Services from a "hold" rating to a "buy" rating in a report on Saturday, April 18th. One investment 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 company currently has an average rating of "Hold" and a consensus target price of $20.00.
Check Out Our Latest Stock Analysis on RNGR
About Ranger Energy Services
(
Get Free Report)
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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