Ranger Energy Services (NYSE:RNGR) Issues Quarterly Earnings Results

Ranger Energy Services (NYSE:RNGR) issued its quarterly earnings results on Monday. The company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.01), FiscalAI reports. Ranger Energy Services had a return on equity of 3.58% and a net margin of 1.76%.The business had revenue of $176.50 million during the quarter, compared to analyst estimates of $163.93 million.

Ranger Energy Services Trading Down 6.1%

Shares of NYSE RNGR opened at $14.52 on Wednesday. The company has a 50 day simple moving average of $15.74 and a two-hundred day simple moving average of $16.25. The stock has a market cap of $345.00 million, a price-to-earnings ratio of 33.77 and a beta of 0.12. Ranger Energy Services has a 12 month low of $11.88 and a 12 month high of $18.82.

Ranger Energy Services Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 21st. Shareholders of record on Friday, August 7th will be paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 1.7%. The ex-dividend date is Friday, August 7th. Ranger Energy Services’s payout ratio is presently 38.10%.

Analyst Ratings Changes

Several brokerages recently commented on RNGR. 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. Weiss Ratings restated a “hold (c)” rating on shares of Ranger Energy Services in a research note on Wednesday, June 24th. Wall Street Zen upgraded shares of Ranger Energy Services from a “hold” rating to a “buy” rating in a research note on Saturday, April 18th. Finally, Piper Sandler upped their target price on Ranger Energy Services from $17.00 to $20.00 and gave the company an “overweight” rating in a research report on Wednesday, April 15th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Ranger Energy Services presently has a consensus rating of “Hold” and an average price target of $20.00.

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

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. State of Tennessee Department of Treasury lifted its position in Ranger Energy Services by 39.9% during the fourth quarter. State of Tennessee Department of Treasury now owns 34,039 shares of the company’s stock valued at $525,000 after purchasing an additional 9,705 shares during the period. Empowered Funds LLC grew its position in Ranger Energy Services by 11.7% during the 4th quarter. Empowered Funds LLC now owns 165,757 shares of the company’s stock worth $2,317,000 after purchasing an additional 17,393 shares during the period. Man Group plc purchased a new position in shares of Ranger Energy Services during the 4th quarter valued at about $817,000. Engineers Gate Manager LP purchased a new position in shares of Ranger Energy Services during the 4th quarter valued at about $173,000. Finally, Bridgeway Capital Management LLC lifted its holdings in shares of Ranger Energy Services by 2.6% in the 4th quarter. Bridgeway Capital Management LLC now owns 434,192 shares of the company’s stock valued at $6,070,000 after buying an additional 10,822 shares during the period. Hedge funds and other institutional investors 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.