Ramaco Resources (METC) Expected to Announce Earnings on Monday

Ramaco Resources (NASDAQ:METC - Get Free Report) is expected to issue its Q1 2025 quarterly earnings data before the market opens on Monday, May 12th. Analysts expect Ramaco Resources to post earnings of ($0.21) per share and revenue of $137.10 million for the quarter.

Ramaco Resources (NASDAQ:METC - Get Free Report) last issued its earnings results on Monday, March 10th. The energy company reported $0.06 EPS for the quarter, missing analysts' consensus estimates of $0.42 by ($0.36). Ramaco Resources had a return on equity of 10.17% and a net margin of 5.35%. The company had revenue of $170.90 million for the quarter, compared to analysts' expectations of $166.59 million. During the same period last year, the business posted $0.24 earnings per share. The business's revenue was down 15.7% compared to the same quarter last year. On average, analysts expect Ramaco Resources to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Ramaco Resources Trading Up 0.5 %

Shares of Ramaco Resources stock traded up $0.05 on Friday, hitting $10.00. 481,408 shares of the company traded hands, compared to its average volume of 609,451. Ramaco Resources has a 52 week low of $6.30 and a 52 week high of $16.52. The company has a market cap of $444.08 million, a PE ratio of 15.38 and a beta of 1.28. The stock's 50 day moving average price is $8.94 and its 200-day moving average price is $10.12. The company has a current ratio of 1.35, a quick ratio of 0.86 and a debt-to-equity ratio of 0.23.

Ramaco Resources Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 13th. Shareholders of record on Friday, May 30th will be given a dividend of $0.0688 per share. This represents a $0.28 dividend on an annualized basis and a yield of 2.75%. The ex-dividend date of this dividend is Friday, May 30th. Ramaco Resources's dividend payout ratio (DPR) is presently 245.45%.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. B. Riley decreased their price objective on Ramaco Resources from $18.00 to $14.00 and set a "buy" rating for the company in a report on Friday, April 11th. Benchmark restated a "buy" rating on shares of Ramaco Resources in a report on Wednesday, March 12th. Finally, Jefferies Financial Group dropped their price objective on shares of Ramaco Resources from $19.00 to $13.00 and set a "buy" rating on the stock in a research note on Monday, January 6th.

Insider Buying and Selling at Ramaco Resources

In other Ramaco Resources news, major shareholder Yorktown Energy Partners Xi, L sold 83,871 shares of the stock in a transaction dated Friday, March 21st. The stock was sold at an average price of $8.61, for a total value of $722,129.31. Following the completion of the sale, the insider now directly owns 1,059,909 shares in the company, valued at approximately $9,125,816.49. This trade represents a 7.33 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Yorktown Xi Associates Llc sold 89,501 shares of the firm's stock in a transaction dated Wednesday, March 26th. The stock was sold at an average price of $8.09, for a total value of $724,063.09. Following the completion of the sale, the insider now directly owns 1,024,870 shares of the company's stock, valued at approximately $8,291,198.30. This represents a 8.03 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 922,582 shares of company stock valued at $7,898,023. 41.20% of the stock is currently owned by insiders.

About Ramaco Resources

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.