Ramaco Resources (METC) Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ramaco Resources in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" METC shares.
View METC analyst ratings or view top-rated stocks.

4 brokers have issued twelve-month price objectives for Ramaco Resources' shares. Their METC share price forecasts range from $13.00 to $25.00. On average, they predict the company's stock price to reach $16.25 in the next twelve months. This suggests a possible upside of 97.0% from the stock's current price.
View analysts price targets for METC or view top-rated stocks among Wall Street analysts.

Ramaco Resources' stock was trading at $8.79 at the beginning of 2023. Since then, METC shares have decreased by 6.1% and is now trading at $8.25.
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The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023.
View our METC earnings forecast.

Ramaco Resources, Inc. (NASDAQ:METC) announced its quarterly earnings results on Wednesday, May, 3rd. The energy company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.48 by $0.09. The energy company earned $166.36 million during the quarter, compared to the consensus estimate of $133.02 million. Ramaco Resources had a net margin of 17.30% and a trailing twelve-month return on equity of 33.62%.

Ramaco Resources declared a quarterly dividend on Monday, May 29th. Stockholders of record on Thursday, June 1st will be paid a dividend of $0.125 per share on Thursday, June 15th. This represents a $0.50 annualized dividend and a yield of 6.06%. The ex-dividend date is Wednesday, May 31st.
Read our dividend analysis for METC.

ETFs with the largest weight of Ramaco Resources (NASDAQ:METC) stock in their portfolio include First Trust Dow Jones Select Microcap Index Fund (FDM), Hartford Multifactor Small Cap ETF (ROSC) and Vanguard Materials ETF (VAW).Fidelity MSCI Materials Index ETF (FMAT).

Ramaco Resources (NASDAQ:METC) pays an annual dividend of $0.50 per share and currently has a dividend yield of 5.83%. METC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 22.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, METC will have a dividend payout ratio of 22.32% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for METC.

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).

(METC) raised $81 million in an initial public offering (IPO) 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 acted as the underwriters for the IPO and Clarksons Platou Securities and Seaport Global Securities were co-managers.

Ramaco Resources trades on the NASDAQ under the ticker symbol "METC."

Ramaco Resources' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (3.49%), Bank of New York Mellon Corp (1.13%), Wedge Capital Management L L P NC (1.12%), Geode Capital Management LLC (1.03%), South Dakota Investment Council (1.02%) and Two Sigma Advisers LP (1.01%). Insiders that own company stock include Aurelia Skipwith Giacometto, David E K Frischkorn, Peter A Leidel, Randall Whittaker Atkins, Yorktown Energy Partners Ix, L and Yorktown Ix Associates Llc.
View institutional ownership trends.

Shares of METC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of METC stock can currently be purchased for approximately $8.25.

Ramaco Resources (NASDAQ:METC) has a market capitalization of $366.42 million and generates $577.17 million in revenue each year. The energy company earns $116.04 million in net income (profit) each year or $2.23 on an earnings per share basis.

The company employs 454 workers across the globe.

Ramaco Resources' mailing address is 250 WEST MAIN STREET SUITE 210, LEXINGTON KY, 40507. The official website for the company is www.ramacoresources.com. The energy company can be reached via phone at (859) 244-7455 or via email at info@ramacocoal.com.