Ramaco Resources - METC Stock Forecast, Price & News

4 Wall Street 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 analysts is that investors should "buy" METC shares.
View METC analyst ratings or view top-rated stocks.

4 equities research analysts have issued twelve-month price targets for Ramaco Resources' stock. 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 85.7% from the stock's current price.
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Ramaco Resources' stock was trading at $8.79 at the beginning of the year. Since then, METC stock has decreased by 0.5% and is now trading at $8.75.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 10th 2023.
View our METC earnings forecast.

Ramaco Resources, Inc. (NASDAQ:METC) announced its quarterly earnings data on Wednesday, March, 8th. The energy company reported $0.32 earnings per share for the quarter, missing analysts' consensus estimates of $0.64 by $0.32. The energy company earned $135.23 million during the quarter, compared to analyst estimates of $147.54 million. Ramaco Resources had a trailing twelve-month return on equity of 41.82% and a net margin of 20.51%.

Ramaco Resources announced a quarterly dividend on Thursday, December 8th. Shareholders of record on Wednesday, March 1st will be paid a dividend of $0.125 per share on Wednesday, March 15th. This represents a $0.50 dividend on an annualized basis and a yield of 5.71%. The ex-dividend date is Tuesday, February 28th. This is a positive change from the stock's previous quarterly dividend of $0.11.
Read our dividend analysis for METC.

ETFs with the largest weight of Ramaco Resources (NASDAQ:METC) stock in their portfolio include Cambria Value and Momentum ETF (VAMO), 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 19.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, METC will have a dividend payout ratio of 18.12% 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 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 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 a number of retail and institutional investors. Top institutional shareholders include Encompass Capital Advisors LLC (1.39%), Wedge Capital Management L L P NC (1.21%), Marshall Wace LLP (1.02%), Geode Capital Management LLC (0.97%), Regal Partners Ltd (0.94%) and Dimensional Fund Advisors LP (0.81%). Insiders that own company stock include David E K Frischkorn, Peter A Leidel, Randall Whittaker Atkins, Yorktown Energy Partners Ix, L and Yorktown Ix Associates Llc.
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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 $8.75.

Ramaco Resources (NASDAQ:METC) has a market capitalization of $388.94 million and generates $565.69 million in revenue each year. The energy company earns $116.04 million in net income (profit) each year or $2.58 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.