FY2025 EPS Estimate for Ramaco Resources Reduced by Analyst

Ramaco Resources, Inc. (NASDAQ:METC) – Stock analysts at B. Riley dropped their FY2025 EPS estimates for shares of Ramaco Resources in a note issued to investors on Wednesday, March 12th. B. Riley analyst N. Giles now expects that the energy company will post earnings of $1.11 per share for the year, down from their previous estimate of $1.18. The consensus estimate for Ramaco Resources’ current full-year earnings is $0.05 per share.

Ramaco Resources (NASDAQ:METC) last released its quarterly earnings results on Monday, March 10th. The energy company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.36). Ramaco Resources had a return on equity of 10.17% and a net margin of 5.35%. The firm had revenue of $170.90 million for the quarter, compared to analysts’ expectations of $166.59 million. During the same period last year, the firm earned $0.24 EPS. The business’s quarterly revenue was down 15.7% on a year-over-year basis.

A number of other brokerages have also commented on METC. Benchmark reiterated a “buy” rating on shares of Ramaco Resources in a report on Wednesday. Jefferies Financial Group cut their price objective on shares of Ramaco Resources from $19.00 to $13.00 and set a “buy” rating on the stock in a report on Monday, January 6th.

Ramaco Resources Stock Performance

Shares of METC stock opened at $9.62 on Friday. Ramaco Resources has a 12 month low of $8.17 and a 12 month high of $17.23. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.35 and a quick ratio of 0.86. The firm has a market capitalization of $505.33 million, a P/E ratio of 14.80 and a beta of 1.17. The company’s fifty day moving average price is $9.63 and its two-hundred day moving average price is $10.68.

Institutional Investors Weigh In On Ramaco Resources

A number of institutional investors have recently modified their holdings of METC. Victory Capital Management Inc. raised its stake in shares of Ramaco Resources by 18.1% in the 3rd quarter. Victory Capital Management Inc. now owns 127,965 shares of the energy company’s stock valued at $1,497,000 after purchasing an additional 19,575 shares in the last quarter. Empowered Funds LLC raised its stake in shares of Ramaco Resources by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 115,017 shares of the energy company’s stock valued at $1,346,000 after purchasing an additional 5,762 shares in the last quarter. Segall Bryant & Hamill LLC raised its stake in shares of Ramaco Resources by 1.5% in the 3rd quarter. Segall Bryant & Hamill LLC now owns 310,688 shares of the energy company’s stock valued at $3,635,000 after purchasing an additional 4,460 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Ramaco Resources by 231.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 262,354 shares of the energy company’s stock valued at $3,070,000 after purchasing an additional 183,163 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd raised its stake in shares of Ramaco Resources by 190.4% in the 3rd quarter. Dynamic Technology Lab Private Ltd now owns 89,958 shares of the energy company’s stock valued at $1,053,000 after purchasing an additional 58,980 shares in the last quarter. Institutional investors and hedge funds own 74.49% of the company’s stock.

Ramaco Resources Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be paid a $0.1375 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 5.72%. Ramaco Resources’s dividend payout ratio (DPR) is presently 500.00%.

Ramaco Resources Company Profile

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.