Should I buy or sell Ramaco Resources stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ramaco Resources in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" METC shares. View METC analyst ratings or view top-rated stocks .

What is Ramaco Resources' stock price target for 2024?

5 equities research analysts have issued 1-year price targets for Ramaco Resources' shares. Their METC share price targets range from $12.00 to $24.00. On average, they predict the company's stock price to reach $17.90 in the next year. This suggests a possible upside of 14.5% from the stock's current price. View analysts price targets for METC or view top-rated stocks among Wall Street analysts .

How have METC shares performed in 2024?

Ramaco Resources' stock was trading at $17.18 on January 1st, 2024. Since then, METC stock has decreased by 9.0% and is now trading at $15.64. View the best growth stocks for 2024 here .

When is Ramaco Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our METC earnings forecast .

How were Ramaco Resources' earnings last quarter?

Ramaco Resources, Inc. (NASDAQ:METC) posted its quarterly earnings data on Thursday, March, 7th. The energy company reported $0.60 earnings per share for the quarter, missing the consensus estimate of $0.67 by $0.07. The energy company had revenue of $202.73 million for the quarter, compared to analysts' expectations of $182.60 million. Ramaco Resources had a trailing twelve-month return on equity of 24.28% and a net margin of 11.87%.

How often does Ramaco Resources pay dividends? What is the dividend yield for Ramaco Resources?

Ramaco Resources announced a quarterly dividend on Thursday, February 29th. Stockholders of record on Friday, March 1st will be paid a dividend of $0.138 per share on Friday, March 15th. This represents a $0.55 annualized dividend and a dividend yield of 3.53%. The ex-dividend date is Thursday, February 29th. This is an increase from the stock's previous quarterly dividend of $0.13. Read our dividend analysis for METC .

Is Ramaco Resources a good dividend stock?

Ramaco Resources (NASDAQ:METC) pays an annual dividend of $0.55 per share and currently has a dividend yield of 3.50%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 31.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, METC will have a dividend payout ratio of 23.61% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for METC .

What ETFs hold Ramaco Resources' stock?

ETFs with the largest weight of Ramaco Resources (NASDAQ:METC) stock in their portfolio include Hartford Multifactor Small Cap ETF (ROSC) . iShares US Small Cap Value Factor ETF (SVAL) .

What guidance has Ramaco Resources issued on next quarter's earnings?

Ramaco Resources issued an update on its FY 2023 earnings guidance on Tuesday, February, 13th. The company provided EPS guidance of 1.850-1.880 for the period, compared to the consensus earnings per share estimate of 1.810. The company issued revenue guidance of -.

What other stocks do shareholders of Ramaco Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ramaco Resources investors own include Advanced Micro Devices (AMD) , Enterprise Products Partners (EPD) , Genocea Biosciences (GNCA) , VBI Vaccines (VBIV) , Comcast (CMCSA) , Invesco (IVZ) , Rigel Pharmaceuticals (RIGL) , Sangamo Therapeutics (SGMO) , Sorrento Therapeutics (SRNE) and Trevena (TRVN) .

When did Ramaco Resources IPO?

Ramaco Resources (METC) raised $81 million in an initial public offering on Friday, February 3rd 2017. The company issued 6,000,000 shares at $12.00-$15.00 per share. Credit Suisse, Jefferies and BMO Capital Markets served as the underwriters for the IPO and Clarksons Platou Securities and Seaport Global Securities were co-managers.

Who are Ramaco Resources' major shareholders?

Ramaco Resources' stock is owned by many different institutional and retail investors. Top institutional shareholders include Arkfeld Wealth Strategies L.L.C. (0.30%), IMC Chicago LLC (0.00%) and Global Trust Asset Management LLC (0.02%). Insiders that own company stock include Aurelia Skipwith Giacometto, Bryan H Lawrence, David E K Frischkorn, Peter A Leidel, Randall Whittaker Atkins , Yorktown Energy Partners Ix, L, Yorktown Ix Associates Llc and Yorktown Xi Associates Llc. View institutional ownership trends .

How do I buy shares of Ramaco Resources?

Shares of METC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:METC

Ramaco Resources (METC) Stock Price, News & Analysis

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$15.64

-0.07 (-0.45%)

(As of 04/15/2024 ET)

Compare

Today's Range: $15.51
▼
$16.09
50-Day Range: $15.64
▼
$20.68
52-Week Range: $7.26
▼
$22.70

Volume: 482,334 shs
Average Volume: 966,766 shs
Market Capitalization: $692.27 million

P/E Ratio: 8.99
Dividend Yield: 3.52%
Price Target: $17.90

Get Ramaco Resources alerts:

Ramaco Resources MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.60 Rating Score
Upside/Downside: 14.5% Upside
$17.90 Price Target
Short Interest: Bearish
15.42% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.47
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -1.69%
From $2.37 to $2.33 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.31 out of 5 stars

Oils/Energy Sector

155th out of 242 stocks

Bituminous Coal & Lignite Mining Industry

4th out of 5 stocks

2.3

Analyst's Opinion

Consensus Rating
Ramaco Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Ramaco Resources has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
15.42% of the float of Ramaco Resources has been sold short.
Short Interest Ratio / Days to Cover
Ramaco Resources has a short interest ratio ("days to cover") of 4.2.
Change versus previous month
Short interest in Ramaco Resources has recently increased by 12.78%, indicating that investor sentiment is decreasing significantly.

3.3

Dividend Strength

Dividend Leadership
Ramaco Resources is a leading dividend payer. It pays a dividend yield of 3.50%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Ramaco Resources has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Ramaco Resources is 31.61%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Ramaco Resources will have a dividend payout ratio of 23.61% next year. This indicates that Ramaco Resources will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for METC.

1.9

News and Social Media Coverage

News Sentiment
Ramaco Resources has a news sentiment score of 0.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Ramaco Resources this week, compared to 2 articles on an average week.
Search Interest
Only 26 people have searched for METC on MarketBeat in the last 30 days. This is a decrease of -4% compared to the previous 30 days.
MarketBeat Follows
Only 12 people have added Ramaco Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -8% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ramaco Resources insiders have not sold or bought any company stock.
Percentage Held by Insiders
45.98% of the stock of Ramaco Resources is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
74.49% of the stock of Ramaco Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Ramaco Resources are expected to decrease by -1.69% in the coming year, from $2.37 to $2.33 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ramaco Resources is 8.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.33.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ramaco Resources is 8.99, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 16.15.
Price to Book Value per Share Ratio
Ramaco Resources has a P/B Ratio of 2.23. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Ramaco Resources Stock (NASDAQ:METC)

Ramaco Resources, Inc. engages in the development, operation, and sale of metallurgical coal. Its development portfolio includes the Elk Creek project that covers an area of approximately 20,200 acres located in southern West Virginia; the Berwind property covering an area of approximately 62,500 acres situated on the border of West Virginia and Virginia; the Knox Creek property, which covers an area of approximately 64,050 acres is located in Virginia; the Maben property covering an area of approximately 28,000 acres situated in southwestern Pennsylvania southern West Virginia; and the Brook Mine property that covers an area of approximately 16,000 acres located in northeastern Wyoming. The company serves blast furnace steel mills and coke plants in the United States, as well as metallurgical coal consumers internationally. Ramaco Resources, Inc. was founded in 2015 and is headquartered in Lexington, Kentucky.

METC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

METC Stock News Headlines

April 11, 2024 | finance.yahoo.com

Those who invested in Ramaco Resources (NASDAQ:METC) three years ago are up 375%

April 2, 2024 | prnewswire.com

Ramaco Resources Inc. Recognized for Industry-Leading Safety in West Virginia, Receives Awards from West Virginia Coal Association and State Agencies

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March 27, 2024 | finance.yahoo.com

Ramaco Resources Tries to Calm Investors After Bridge Collapse

March 26, 2024 | prnewswire.com

RAMACO RESOURCES UNAFFECTED BY BALTIMORE BRIDGE COLLAPSE

March 25, 2024 | finance.yahoo.com

Ramaco Resources, Inc. (NASDAQ:METC) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?

March 25, 2024 | seekingalpha.com

Ramaco Resources: The Latest Report Still Does Not Impress

March 21, 2024 | finance.yahoo.com

Ramaco Resources, Inc. Announces Major Independent Rare Earth Elements Update From Weir International; New Shareholder Letter Released; Conference Call To Be Held March 27

April 16, 2024 | InvestorPlace (Ad)

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Ramaco Resources price target raised by $4 at Benchmark, here's why

March 9, 2024 | finanznachrichten.de

Ramaco Resources, Inc.: Ramaco Resources Reports Fourth Quarter And Full-year 2023 Results

March 9, 2024 | finance.yahoo.com

Q4 2023 Ramaco Resources Inc Earnings Call

March 9, 2024 | finance.yahoo.com

Ramaco Resources Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

March 8, 2024 | investorplace.com

METC Stock Earnings: Ramaco Resources Misses EPS, Beats Revenue for Q4 2023

March 7, 2024 | finance.yahoo.com

RAMACO RESOURCES REPORTS FOURTH QUARTER AND FULL-YEAR 2023 RESULTS

March 6, 2024 | benzinga.com

A Preview Of Ramaco Resources's Earnings

March 6, 2024 | prnewswire.com

Ramaco Resources, Inc. to Release Fourth Quarter and Full Year 2023 Financial Results on Thursday, March 7, 2024 and Host Conference Call and Webcast on Friday, March 8, 2024

February 12, 2024 | msn.com

Ramaco Resources hikes coal sales guidance, sees above-consensus Q4 earnings

February 9, 2024 | investing.com

Ramaco Resources Inc (METC)

January 28, 2024 | finance.yahoo.com

Ramaco Resources (NASDAQ:METC) Is Increasing Its Dividend To $0.1375

January 12, 2024 | markets.businessinsider.com

Royal Gold At CIBC Conference; Kaiser Aluminum Announces Dividend; Bragar Eagel & Squire Probes Ramaco

January 11, 2024 | finance.yahoo.com

Zacks.com featured highlights include GigaCloud Technology, SkyWest, Ramaco Resources, Eastman Chemical and Catalyst Pharmaceuticals

January 9, 2024 | finance.yahoo.com

Are Oils-Energy Stocks Lagging Enbridge (ENB) This Year?

January 9, 2024 | msn.com

Best Income Stocks to Buy for January 9th

December 26, 2023 | finance.yahoo.com

Estimating The Intrinsic Value Of Ramaco Resources, Inc. (NASDAQ:METC)

December 24, 2023 | seekingalpha.com

Ramaco Resources: From Market Expansion To Market Realities

December 17, 2023 | msn.com

Ramaco Resources Inc - (METC) Price Target Increased by 28.74% to 19.04

See More Headlines

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Company Calendar

Ex-Dividend for 3/15 Dividend: 2/29/2024
Last Earnings: 3/07/2024
Dividend Payable: 3/15/2024
Today: 4/15/2024
Next Earnings (Estimated): 5/01/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Oils/Energy
Industry: Bituminous coal & lignite mining
Sub-Industry: N/A
Current Symbol: NASDAQ:METC
CUSIP: N/A
CIK: 1687187
Web: www.ramacoresources.com
Phone: (859) 244-7455
Fax: N/A
Employees: 811
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $17.90
High Stock Price Target: $24.00
Low Stock Price Target: $12.00
Potential Upside/Downside: +24.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.60
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.74
Trailing P/E Ratio: 8.99
Forward P/E Ratio: 6.60
P/E Growth: N/A
Net Income: $82.31 million
Net Margins: 11.87%
Pretax Margin: 15.09%
Return on Equity: 24.28%
Return on Assets: 12.97%

Debt

Debt-to-Equity Ratio: 0.10
Current Ratio: 1.12
Quick Ratio: 0.90

Sales & Book Value

Annual Sales: $693.52 million
Price / Sales: 1.00
Cash Flow: $2.59 per share
Price / Cash Flow: 6.03
Book Value: $7.02 per share
Price / Book: 2.23

Miscellaneous

Outstanding Shares: 44,263,000
Free Float: 23,911,000
Market Cap: $692.27 million
Optionable: Optionable
Beta: 1.15

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Key Executives

Mr. Randall W. Atkins (Age 71)
Founder, Chairman & CEO
Comp: $2.36M
Mr. Jeremy Ryan Sussman (Age 40)
Executive VP & CFO
Comp: $1.38M
Mr. Christopher L. Blanchard (Age 49)
Executive VP & COO
Comp: $1.29M
Mr. John C. Marcum (Age 59)
Executive VP, Controller & Chief Accounting Officer
Comp: $1.02M
Mr. Jason T. Fannin (Age 49)
Executive VP, Chief Commercial Officer & Chief Marketing Officer
Comp: $1.35M
Mr. James Scott Kreutzer (Age 53)
Senior VP & Chief Administrative Officer
Mr. Evan H. Jenkins
General Counsel
Mr. Paul Horn
Senior VP & Chief Mine Development Officer
Ms. Sabrina Duba
Senior Vice President of Operations
Mr. Scott Spears
Senior Vice President of Finance

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

METC Stock Analysis - Frequently Asked Questions

Should I buy or sell Ramaco Resources stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ramaco Resources in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" METC shares.
View METC analyst ratings or view top-rated stocks.
What is Ramaco Resources' stock price target for 2024?: 5 equities research analysts have issued 1-year price targets for Ramaco Resources' shares. Their METC share price targets range from $12.00 to $24.00. On average, they predict the company's stock price to reach $17.90 in the next year. This suggests a possible upside of 14.5% from the stock's current price.
View analysts price targets for METC or view top-rated stocks among Wall Street analysts.
How have METC shares performed in 2024?: Ramaco Resources' stock was trading at $17.18 on January 1st, 2024. Since then, METC stock has decreased by 9.0% and is now trading at $15.64.
View the best growth stocks for 2024 here.
When is Ramaco Resources' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our METC earnings forecast.
How were Ramaco Resources' earnings last quarter?: Ramaco Resources, Inc. (NASDAQ:METC) posted its quarterly earnings data on Thursday, March, 7th. The energy company reported $0.60 earnings per share for the quarter, missing the consensus estimate of $0.67 by $0.07. The energy company had revenue of $202.73 million for the quarter, compared to analysts' expectations of $182.60 million. Ramaco Resources had a trailing twelve-month return on equity of 24.28% and a net margin of 11.87%.
How often does Ramaco Resources pay dividends? What is the dividend yield for Ramaco Resources?: Ramaco Resources announced a quarterly dividend on Thursday, February 29th. Stockholders of record on Friday, March 1st will be paid a dividend of $0.138 per share on Friday, March 15th. This represents a $0.55 annualized dividend and a dividend yield of 3.53%. The ex-dividend date is Thursday, February 29th. This is an increase from the stock's previous quarterly dividend of $0.13.
Read our dividend analysis for METC.
Is Ramaco Resources a good dividend stock?: Ramaco Resources (NASDAQ:METC) pays an annual dividend of $0.55 per share and currently has a dividend yield of 3.50%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 31.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, METC will have a dividend payout ratio of 23.61% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for METC.

What ETFs hold Ramaco Resources' stock?: ETFs with the largest weight of Ramaco Resources (NASDAQ:METC) stock in their portfolio include Hartford Multifactor Small Cap ETF (ROSC).iShares US Small Cap Value Factor ETF (SVAL).
What guidance has Ramaco Resources issued on next quarter's earnings?: Ramaco Resources issued an update on its FY 2023 earnings guidance on Tuesday, February, 13th. The company provided EPS guidance of 1.850-1.880 for the period, compared to the consensus earnings per share estimate of 1.810. The company issued revenue guidance of -.
What other stocks do shareholders of Ramaco Resources own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Ramaco Resources investors own include Advanced Micro Devices (AMD), Enterprise Products Partners (EPD), Genocea Biosciences (GNCA), VBI Vaccines (VBIV), Comcast (CMCSA), Invesco (IVZ), Rigel Pharmaceuticals (RIGL), Sangamo Therapeutics (SGMO), Sorrento Therapeutics (SRNE) and Trevena (TRVN).
When did Ramaco Resources IPO?: Ramaco Resources (METC) raised $81 million in an initial public offering on Friday, February 3rd 2017. The company issued 6,000,000 shares at $12.00-$15.00 per share. Credit Suisse, Jefferies and BMO Capital Markets served as the underwriters for the IPO and Clarksons Platou Securities and Seaport Global Securities were co-managers.
Who are Ramaco Resources' major shareholders?: Ramaco Resources' stock is owned by many different institutional and retail investors. Top institutional shareholders include Arkfeld Wealth Strategies L.L.C. (0.30%), IMC Chicago LLC (0.00%) and Global Trust Asset Management LLC (0.02%). Insiders that own company stock include Aurelia Skipwith Giacometto, Bryan H Lawrence, David E K Frischkorn, Peter A Leidel, Randall Whittaker Atkins, Yorktown Energy Partners Ix, L, Yorktown Ix Associates Llc and Yorktown Xi Associates Llc.
View institutional ownership trends.
How do I buy shares of Ramaco Resources?: Shares of METC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:METC) was last updated on 4/16/2024 by MarketBeat.com Staff

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Ramaco Resources (METC) Stock Price, News & Analysis

Ramaco Resources MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Ramaco Resources Stock (NASDAQ:METC)

METC Stock Price History

METC Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

METC Stock Analysis - Frequently Asked Questions

Overall MarketRank^™