Northland Securities Has Negative View of METC Q3 Earnings

Ramaco Resources, Inc. (NASDAQ:METC) – Investment analysts at Northland Securities dropped their Q3 2026 earnings per share estimates for Ramaco Resources in a report issued on Thursday, February 26th. Northland Securities analyst J. Grampp now anticipates that the energy company will post earnings of $0.01 per share for the quarter, down from their prior estimate of $0.02. The consensus estimate for Ramaco Resources’ current full-year earnings is $0.05 per share.

Other analysts have also recently issued reports about the company. Morgan Stanley assumed coverage on Ramaco Resources in a research report on Friday, December 5th. They issued an “equal weight” rating and a $17.50 price objective for the company. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Ramaco Resources in a report on Monday, December 29th. Jefferies Financial Group raised Ramaco Resources from a “hold” rating to a “buy” rating and dropped their price target for the company from $33.00 to $30.00 in a research note on Tuesday, January 20th. Robert W. Baird cut their target price on Ramaco Resources from $40.00 to $30.00 and set an “outperform” rating for the company in a research note on Friday. Finally, The Goldman Sachs Group started coverage on Ramaco Resources in a research report on Wednesday, November 19th. They issued a “sell” rating and a $16.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Ramaco Resources currently has a consensus rating of “Hold” and a consensus target price of $32.21.

Ramaco Resources Stock Performance

NASDAQ METC opened at $15.14 on Friday. The company has a current ratio of 2.97, a quick ratio of 2.24 and a debt-to-equity ratio of 0.24. The firm’s fifty day moving average price is $19.11 and its two-hundred day moving average price is $24.21. The firm has a market capitalization of $999.24 million, a P/E ratio of -15.29 and a beta of 1.44. Ramaco Resources has a 1 year low of $6.30 and a 1 year high of $57.80.

Ramaco Resources (NASDAQ:METC) last issued its quarterly earnings results on Wednesday, February 25th. The energy company reported ($0.22) EPS for the quarter, beating the consensus estimate of ($0.24) by $0.02. Ramaco Resources had a negative return on equity of 12.55% and a negative net margin of 9.59%.The firm had revenue of $108.72 million during the quarter, compared to analysts’ expectations of $143.48 million. During the same period in the prior year, the firm posted $0.02 earnings per share. The business’s quarterly revenue was down 25.1% compared to the same quarter last year.

Ramaco Resources announced that its board has approved a share repurchase plan on Tuesday, December 23rd that authorizes the company to repurchase $100.00 million in outstanding shares. This repurchase authorization authorizes the energy company to buy up to 9.7% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its stock is undervalued.

Institutional Investors Weigh In On Ramaco Resources

Institutional investors have recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. raised its stake in shares of Ramaco Resources by 27.0% during the first quarter. Goldman Sachs Group Inc. now owns 274,545 shares of the energy company’s stock valued at $2,260,000 after acquiring an additional 58,304 shares during the last quarter. Empowered Funds LLC increased its holdings in Ramaco Resources by 1.8% in the first quarter. Empowered Funds LLC now owns 123,110 shares of the energy company’s stock valued at $1,013,000 after purchasing an additional 2,223 shares during the period. Geode Capital Management LLC increased its holdings in Ramaco Resources by 25.0% in the second quarter. Geode Capital Management LLC now owns 687,343 shares of the energy company’s stock valued at $9,033,000 after purchasing an additional 137,635 shares during the period. Intech Investment Management LLC raised its position in Ramaco Resources by 20.1% during the 2nd quarter. Intech Investment Management LLC now owns 21,071 shares of the energy company’s stock worth $277,000 after purchasing an additional 3,533 shares during the last quarter. Finally, Rhumbline Advisers lifted its holdings in Ramaco Resources by 40.1% during the 2nd quarter. Rhumbline Advisers now owns 49,605 shares of the energy company’s stock worth $652,000 after buying an additional 14,199 shares during the period. 74.49% of the stock is owned by institutional investors.

Key Ramaco Resources News

Here are the key news stories impacting Ramaco Resources this week:

• Positive Sentiment: Company action: Ramaco declared a Class B stock dividend and said it is advancing its minerals business — a corporate-development move that could support long‑term asset value and shareholder liquidity. Class B Dividend / Minerals Announcement
• Neutral Sentiment: Analyst update: Robert W. Baird trimmed its price target from $40 to $30 but kept an “outperform” rating — the PT cut reduces upside expectations but the rating and remaining PT still imply substantial potential upside from current levels. Baird Price Target Note
• Neutral Sentiment: Quarterly results: Ramaco reported Q4 EPS that beat by $0.02 but posted a large revenue miss (revenue down ~25% YoY) and remained unprofitable for the quarter — mixed operational signals (EPS beat small; top-line weakness and negative margins remain). See the earnings release and slide deck for details. Q4 Results & Slide Deck
• Neutral Sentiment: Estimate revision: Northland Securities lowered its Q3 FY2026 EPS forecast slightly (from $0.02 to $0.01), indicating modest downward revisions to near‑term profitability expectations. Northland Estimate Update
• Negative Sentiment: Legal overhang: Multiple law firms have announced a class-action filing and are soliciting lead plaintiffs for an alleged securities-fraud case covering purchases between July 31, 2025 and October 23, 2025; the lead-plaintiff deadline is March 31, 2026. These coordinated filings (Glancy, Bronstein/Gewirtz, Faruqi, Pomerantz, Rosen, etc.) create ongoing litigation risk and a headline-driven selling pressure for the stock. Glancy PR (Representative) Bronstein Notice

About Ramaco Resources

Ramaco Resources, Inc (NASDAQ:METC) is a U.S.-based producer of premium metallurgical coal and industrial minerals, focused on supplying the steel and allied industries. The company’s operations are centered in the Appalachian region of West Virginia, where it develops, mines and processes high-carbon coal products designed to meet the quality requirements of blast‐furnace and electric‐arc furnace steelmakers.

The firm’s flagship asset is the Elk Creek underground mine in Wyoming County, West Virginia, which began commercial production in 2019 and delivers a range of high‐grade metallurgical and anthracite coals.