Ramaco Resources - METC Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ramaco Resources in the last year. There are currently 1 hold rating and 2 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.

3 analysts have issued twelve-month price objectives for Ramaco Resources' shares. Their METC share price forecasts range from $14.00 to $25.00. On average, they expect the company's stock price to reach $20.33 in the next twelve months. This suggests a possible upside of 89.9% 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 $13.60 at the beginning of the year. Since then, METC shares have decreased by 21.3% and is now trading at $10.71.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our METC earnings forecast.

Ramaco Resources, Inc. (NASDAQ:METC) released its earnings results on Monday, August, 8th. The energy company reported $0.74 earnings per share for the quarter, missing the consensus estimate of $1.70 by $0.96. The energy company had revenue of $138.66 million for the quarter, compared to analysts' expectations of $212.74 million. Ramaco Resources had a trailing twelve-month return on equity of 42.89% and a net margin of 21.95%.

Ramaco Resources declared a quarterly dividend on Wednesday, September 28th. Stockholders of record on Thursday, December 1st will be given a dividend of $0.1133 per share on Thursday, December 15th. This represents a $0.45 dividend on an annualized basis and a dividend yield of 4.23%. The ex-dividend date of this dividend is Wednesday, November 30th.
Read our dividend analysis for METC.

Ramaco Resources (NASDAQ:METC) pays an annual dividend of $0.45 per share and currently has a dividend yield of 4.47%. METC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 20.09%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, METC will have a dividend payout ratio of 13.76% 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 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.

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

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 $10.71.

Ramaco Resources (NASDAQ:METC) has a market capitalization of $472.20 million and generates $283.39 million in revenue each year. The energy company earns $39.76 million in net income (profit) each year or $2.24 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.