Should I buy or sell Ramaco Resources stock right now?

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 "moderate buy" METC shares. View METC analyst ratings or view top-rated stocks .

What is Ramaco Resources' stock price target for 2024?

4 Wall Street analysts have issued 1-year price targets for Ramaco Resources' stock. Their METC share price targets range from $12.00 to $15.00. On average, they expect the company's stock price to reach $13.63 in the next twelve months. This suggests that the stock has a possible downside of 17.6%. View analysts price targets for METC or view top-rated stocks among Wall Street analysts .

How have METC shares performed in 2023?

Ramaco Resources' stock was trading at $8.79 at the start of the year. Since then, METC stock has increased by 88.2% and is now trading at $16.54. View the best growth stocks for 2023 here .

When is Ramaco Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 13th 2024. View our METC earnings forecast .

How were Ramaco Resources' earnings last quarter?

Ramaco Resources, Inc. (NASDAQ:METC) released its earnings results on Tuesday, November, 7th. The energy company reported $0.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.44 by $0.01. The energy company earned $187 million during the quarter, compared to analysts' expectations of $159.63 million. Ramaco Resources had a trailing twelve-month return on equity of 20.69% and a net margin of 10.65%. The business's quarterly revenue was up 36.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.67 earnings per share.

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

Ramaco Resources announced a quarterly dividend on Wednesday, November 29th. Shareholders of record on Friday, December 1st will be given a dividend of $0.125 per share on Friday, December 15th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.02%. The ex-dividend date is Thursday, November 30th. Read our dividend analysis for METC .

Is Ramaco Resources a good dividend stock?

Ramaco Resources (NASDAQ:METC) pays an annual dividend of $0.50 per share and currently has a dividend yield of 2.87%. The dividend payout ratio is 34.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, METC will have a dividend payout ratio of 21.93% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for METC .

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

Ramaco Resources issued an update on its third quarter 2023 earnings guidance on Monday, October, 16th. The company provided earnings per share (EPS) guidance of $0.42-$0.45 for the period, compared to the consensus earnings per share estimate of $0.22. 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?

(METC) raised $81 million in an IPO on Friday, February 3rd 2017. The company issued 6,000,000 shares at a price of $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 Bank of New York Mellon Corp (0.94%), South Dakota Investment Council (0.86%), Regal Partners Ltd (0.61%), Wedge Capital Management L L P NC (0.50%), Northern Trust Corp (0.41%) and CenterBook Partners LP (0.37%). 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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Ramaco Resources Stock Price, News & Analysis (NASDAQ:METC)

$16.54

-0.40 (-2.36%)

(As of 11/29/2023 ET)

Compare

Today's Range: $16.30
▼
$17.01
50-Day Range: $8.91
▼
$18.30
52-Week Range: $7.26
▼
$19.94

Volume: 945,264 shs
Average Volume: 502,889 shs
Market Capitalization: $871.49 million

P/E Ratio: 11.33
Dividend Yield: 3.02%
Price Target: $13.63

Ramaco Resources MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 17.6% Downside
$13.63 Price Target
Short Interest: Bearish
5.83% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.45
Based on 8 Articles This Week
Insider Trading: Selling Shares
$18.91 M Sold Last Quarter
Proj. Earnings Growth: 30.29%
From $1.75 to $2.28 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.24 out of 5 stars

Oils/Energy Sector

120th out of 229 stocks

Bituminous Coal & Lignite Mining Industry

1st out of 5 stocks

1.4

Analyst's Opinion

Consensus Rating
Ramaco Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $13.63, Ramaco Resources has a forecasted downside of 17.6% from its current price of $16.54.
Amount of Analyst Coverage
Ramaco Resources has only been the subject of 4 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
5.83% 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 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Ramaco Resources has recently increased by 76.79%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
Ramaco Resources pays a meaningful dividend of 2.87%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Ramaco Resources does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Ramaco Resources is 34.25%. 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 21.93% 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.

2.0

News and Social Media Coverage

News Sentiment
Ramaco Resources has a news sentiment score of -0.45. 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 0.48 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Ramaco Resources this week, compared to 2 articles on an average week.
Search Interest
26 people have searched for METC on MarketBeat in the last 30 days. This is an increase of 44% compared to the previous 30 days.
MarketBeat Follows
14 people have added Ramaco Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 27% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ramaco Resources insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $18,908,936.00 in 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
49.68% of the stock of Ramaco Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Ramaco Resources are expected to grow by 30.29% in the coming year, from $1.75 to $2.28 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ramaco Resources is 11.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.06.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ramaco Resources is 11.33, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.13.
Price to Book Value per Share Ratio
Ramaco Resources has a P/B Ratio of 2.47. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Ramaco Resources Stock (NASDAQ:METC)

Ramaco Resources, Inc. operates, develops, and sells metallurgical coal. Its development portfolio includes the Elk Creek project located in southern West Virginia; the Berwind property situated on the border of West Virginia and Virginia; the Knox Creek property is located in Virginia; and the RAM Mine property situated in southwestern Pennsylvania. The company serves blast furnace steel mills and coke plants in the United States, as well as international metallurgical coal consumers. The company 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

November 27, 2023 | msn.com

Ramaco Resources Inc - (METC) Price Target Increased by 5.45% to 14.79

November 25, 2023 | americanbankingnews.com

Ramaco Resources (NASDAQ:METC) Sees Unusually-High Trading Volume Following Dividend Announcement

November 30, 2023 | Autonomix (Ad)

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November 21, 2023 | americanbankingnews.com

Ramaco Resources, Inc. (NASDAQ:METC) Director Bryan H. Lawrence Sells 28,172 Shares

November 21, 2023 | americanbankingnews.com

Ramaco Resources, Inc. (NASDAQ:METC) Major Shareholder Yorktown Xi Associates Llc Sells 16,961 Shares of Stock

November 21, 2023 | americanbankingnews.com

Ramaco Resources, Inc. (NASDAQ:METC) Major Shareholder Yorktown Xi Associates Llc Sells 93,574 Shares

November 21, 2023 | americanbankingnews.com

Peter A. Leidel Sells 249,371 Shares of Ramaco Resources, Inc. (NASDAQ:METC) Stock

November 16, 2023 | seekingalpha.com

Ramaco Resources: It Ain't $37 Billion, That's For Sure

November 30, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

November 13, 2023 | finance.yahoo.com

Ramaco Chairman and CEO Scheduled to Appear on CNBC on Monday, November 13, Fox Business Channel on Wednesday, November 15

November 10, 2023 | markets.businessinsider.com

Lucas Pipes Recommends Ramaco Resources for Buy; Foresees Robust Financial Performance and Higher Capital Returns

November 10, 2023 | markets.businessinsider.com

Ramaco Resources (METC): Strong Financial Performance and Future Prospects Justify Buy Rating

November 10, 2023 | morningstar.com

Ramaco Resources Inc Class A METC

November 9, 2023 | finance.yahoo.com

Ramaco Resources, Inc. (NASDAQ:METC) Q3 2023 Earnings Call Transcript

November 9, 2023 | markets.businessinsider.com

Ramaco Resources Rallies On Q3 Results Above Estimates

November 9, 2023 | finance.yahoo.com

Q3 2023 Ramaco Resources Inc Earnings Call

November 9, 2023 | finance.yahoo.com

The $2 Million Coal Mine That Might Hold a $37 Billion Treasure

November 8, 2023 | finanznachrichten.de

Ramaco Resources, Inc.: Ramaco Resources Reports Third Quarter 2023 Results

November 8, 2023 | msn.com

Alpha Metallurgical Resources to join S&P SmallCap 600

November 7, 2023 | finance.yahoo.com

RAMACO RESOURCES REPORTS THIRD QUARTER 2023 RESULTS

November 7, 2023 | finance.yahoo.com

Ramaco Resources Inc (METC) Reports Strong Earnings Amidst Market Challenges

November 3, 2023 | finance.yahoo.com

Investing in Ramaco Resources (NASDAQ:METC) three years ago would have delivered you a 456% gain

November 2, 2023 | finance.yahoo.com

Ramaco Resources Inc. Receives National and State Awards for Operational Safety and Environmental Stewardship

November 2, 2023 | msn.com

Ramaco Resources Inc - (METC) Price Target Increased by 13.40% to 14.03

November 1, 2023 | finance.yahoo.com

Ramaco Resources, Inc. Schedules Third Quarter 2023 Earnings Release and Conference Call; Announces Participation in Upcoming Conferences

October 31, 2023 | finance.yahoo.com

Analysts Estimate Ramaco Resources (METC) to Report a Decline in Earnings: What to Look Out for

October 23, 2023 | finance.yahoo.com

Should You Buy Ramaco Resources (METC) After Golden Cross?

See More Headlines

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Company Calendar

Ex-Dividend for 9/15 Dividend: 8/31/2023
Dividend Payable: 9/15/2023
Last Earnings: 11/07/2023
Today: 11/29/2023
Ex-Dividend for 12/15 Dividend: 11/30/2023
Dividend Payable: 12/15/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/13/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Bituminous coal & lignite mining
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: NASDAQ:METC
CUSIP: N/A
CIK: 1687187
Web: www.ramacoresources.com
Phone: (859) 244-7455
Fax: N/A
Employees: 725
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $13.63
High Stock Price Target: $15.00
Low Stock Price Target: $12.00
Potential Upside/Downside: -17.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.46
Trailing P/E Ratio: 11.32
Forward P/E Ratio: 9.45
P/E Growth: N/A
Net Income: $116.04 million
Net Margins: 10.65%
Pretax Margin: 13.30%
Return on Equity: 20.69%
Return on Assets: 10.86%

Debt

Debt-to-Equity Ratio: 0.21
Current Ratio: 1.19
Quick Ratio: 0.83

Sales & Book Value

Annual Sales: $565.69 million
Price / Sales: 1.54
Cash Flow: $3.39 per share
Price / Cash Flow: 4.87
Book Value: $6.69 per share
Price / Book: 2.47

Miscellaneous

Outstanding Shares: 52,690,000
Free Float: 28,461,000
Market Cap: $870.97 million
Optionable: Not Optionable
Beta: 1.06

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Key Executives

Mr. Randall W. Atkins (Age 70)
Founder, Chairman & CEO
Comp: $2.36M
Mr. Jeremy Ryan Sussman (Age 40)
Executive VP & CFO
Comp: $1.38M
Mr. Christopher L. Blanchard (Age 48)
Executive VP & COO
Comp: $1.29M
Mr. John C. Marcum (Age 58)
Executive VP, Controller & Chief Accounting Officer
Comp: $1.02M
Mr. Jason T. Fannin (Age 48)
Executive VP, Chief Commercial Officer & Chief Marketing Officer
Comp: $1.35M
Mr. James Scott Kreutzer (Age 52)
Senior VP & Chief Administrative Officer
Mr. Barkley J. Sturgill Jr. (Age 58)
Senior VP, General Counsel & Secretary
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?: 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 "moderate buy" METC shares.
View METC analyst ratings or view top-rated stocks.
What is Ramaco Resources' stock price target for 2024?: 4 Wall Street analysts have issued 1-year price targets for Ramaco Resources' stock. Their METC share price targets range from $12.00 to $15.00. On average, they expect the company's stock price to reach $13.63 in the next twelve months. This suggests that the stock has a possible downside of 17.6%.
View analysts price targets for METC or view top-rated stocks among Wall Street analysts.
How have METC shares performed in 2023?: Ramaco Resources' stock was trading at $8.79 at the start of the year. Since then, METC stock has increased by 88.2% and is now trading at $16.54.
View the best growth stocks for 2023 here.
When is Ramaco Resources' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 13th 2024.
View our METC earnings forecast.
How were Ramaco Resources' earnings last quarter?: Ramaco Resources, Inc. (NASDAQ:METC) released its earnings results on Tuesday, November, 7th. The energy company reported $0.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.44 by $0.01. The energy company earned $187 million during the quarter, compared to analysts' expectations of $159.63 million. Ramaco Resources had a trailing twelve-month return on equity of 20.69% and a net margin of 10.65%. The business's quarterly revenue was up 36.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.67 earnings per share.
How often does Ramaco Resources pay dividends? What is the dividend yield for Ramaco Resources?: Ramaco Resources announced a quarterly dividend on Wednesday, November 29th. Shareholders of record on Friday, December 1st will be given a dividend of $0.125 per share on Friday, December 15th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.02%. The ex-dividend date is Thursday, November 30th.
Read our dividend analysis for METC.

Is Ramaco Resources a good dividend stock?: Ramaco Resources (NASDAQ:METC) pays an annual dividend of $0.50 per share and currently has a dividend yield of 2.87%. The dividend payout ratio is 34.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, METC will have a dividend payout ratio of 21.93% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for METC.
What guidance has Ramaco Resources issued on next quarter's earnings?: Ramaco Resources issued an update on its third quarter 2023 earnings guidance on Monday, October, 16th. The company provided earnings per share (EPS) guidance of $0.42-$0.45 for the period, compared to the consensus earnings per share estimate of $0.22. 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?: (METC) raised $81 million in an IPO on Friday, February 3rd 2017. The company issued 6,000,000 shares at a price of $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 Bank of New York Mellon Corp (0.94%), South Dakota Investment Council (0.86%), Regal Partners Ltd (0.61%), Wedge Capital Management L L P NC (0.50%), Northern Trust Corp (0.41%) and CenterBook Partners LP (0.37%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:METC) was last updated on 11/30/2023 by MarketBeat.com Staff

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Ramaco Resources Stock Price, News & Analysis (NASDAQ:METC)

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^™