NASDAQ:METC

Ramaco Resources (METC) Stock Price, News & Analysis

$12.95
-0.35 (-2.63%)
(As of 05/10/2024 ET)
Today's Range
$12.76
$13.34
50-Day Range
$12.95
$20.68
52-Week Range
$7.26
$22.70
Volume
1.01 million shs
Average Volume
506,801 shs
Market Capitalization
$573.17 million
P/E Ratio
7.44
Dividend Yield
4.25%
Price Target
$17.90

Ramaco Resources MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
35.1% Upside
$17.50 Price Target
Short Interest
Bearish
15.82% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.29mentions of Ramaco Resources in the last 14 days
Based on 14 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
33.96%
From $1.59 to $2.13 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.

4.44 out of 5 stars

Oils/Energy Sector

36th out of 242 stocks

Bituminous Coal & Lignite Mining Industry

2nd out of 5 stocks

METC stock logo

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

METC Stock News Headlines

Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Q4 2023 Ramaco Resources Inc Earnings Call
A Preview Of Ramaco Resources's Earnings
See More Headlines
Receive METC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Ramaco Resources and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 3/15 Dividend
2/29/2024
Last Earnings
3/07/2024
Dividend Payable
3/15/2024
Today
5/10/2024
Ex-Dividend for 6/15 Dividend
5/31/2024
Dividend Payable
6/15/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Bituminous coal & lignite mining
Sub-Industry
N/A
Current Symbol
NASDAQ:METC
Fax
N/A
Employees
811
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$17.50
High Stock Price Target
$22.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+38.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$82.31 million
Pretax Margin
15.09%

Debt

Sales & Book Value

Annual Sales
$693.52 million
Cash Flow
$2.07 per share
Book Value
$7.02 per share

Miscellaneous

Free Float
23,911,000
Market Cap
$573.21 million
Optionable
Optionable
Beta
1.15
The 10 Best AI Stocks to Own in 2024 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report

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

METC Stock Analysis - Frequently Asked Questions

Should I buy or sell Ramaco Resources stock right now?

5 Wall Street 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 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 analysts have issued twelve-month price objectives for Ramaco Resources' shares. Their METC share price targets range from $12.00 to $22.00. On average, they anticipate the company's stock price to reach $17.50 in the next year. This suggests a possible upside of 35.1% 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 24.6% and is now trading at $12.95.
View the best growth stocks for 2024 here
.

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 (EPS) for the quarter, missing analysts' consensus estimates of $0.67 by $0.07. The energy company had revenue of $202.73 million for the quarter, compared to analyst estimates of $182.60 million. Ramaco Resources had a net margin of 11.87% and a trailing twelve-month return on equity of 24.28%.

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

Ramaco Resources announced a quarterly dividend on Wednesday, May 8th. Shareholders of record on Saturday, June 1st will be given a dividend of $0.138 per share on Saturday, June 15th. This represents a $0.55 annualized dividend and a yield of 4.26%. The ex-dividend date of this dividend is Friday, May 31st.
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 25.82% 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?
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 earnings per share 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?
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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (3.59%), Arkfeld Wealth Strategies L.L.C. (0.30%), Empowered Funds LLC (0.23%), Russell Investments Group Ltd. (0.21%), Principal Financial Group Inc. (0.12%) and Swiss National Bank (0.12%). 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 5/10/2024 by MarketBeat.com Staff

From Our Partners