Ramaco Resources (METC) to Release Quarterly Earnings on Monday

Ramaco Resources (NASDAQ:METC) is expected to be issuing its Q1 2025 quarterly earnings data before the market opens on Monday, May 12th. Analysts expect the company to post earnings of ($0.21) per share and revenue of $137.10 million for the quarter.

Ramaco Resources (NASDAQ:METC) last announced its quarterly earnings data 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 net margin of 5.35% and a return on equity of 10.17%. The firm had revenue of $170.90 million during the quarter, compared to analyst estimates of $166.59 million. During the same period in the prior year, the firm posted $0.24 earnings per share. The business’s quarterly revenue was down 15.7% compared to the same quarter last year. On average, analysts expect Ramaco Resources to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Ramaco Resources Stock Down 1.3 %

METC stock opened at $9.01 on Friday. The stock has a market capitalization of $400.12 million, a PE ratio of 13.86 and a beta of 1.28. The company has a fifty day moving average of $8.99 and a 200-day moving average of $10.09. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.86 and a current ratio of 1.35. Ramaco Resources has a one year low of $6.30 and a one year high of $15.49.

Ramaco Resources Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be given a $0.0688 dividend. The ex-dividend date is Friday, May 30th. This represents a $0.28 dividend on an annualized basis and a yield of 3.05%. Ramaco Resources’s payout ratio is currently 245.45%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on METC shares. B. Riley cut their target price on Ramaco Resources from $18.00 to $14.00 and set a “buy” rating for the company in a research note on Friday, April 11th. Benchmark reissued a “buy” rating on shares of Ramaco Resources in a report on Wednesday, March 12th.

Insiders Place Their Bets

In related news, Director Peter A. Leidel sold 225,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 26th. The stock was sold at an average price of $8.08, for a total value of $1,818,000.00. Following the sale, the director now owns 677,403 shares in the company, valued at $5,473,416.24. This represents a 24.93 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, major shareholder Yorktown Energy Partners Xi, L sold 98,274 shares of the firm’s stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $8.85, for a total value of $869,724.90. Following the completion of the transaction, the insider now directly owns 1,052,404 shares of the company’s stock, valued at $9,313,775.40. The trade was a 8.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 922,582 shares of company stock worth $7,898,023. 41.20% of the stock is owned by company insiders.

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.