Ramaco Resources (METC) Projected to Post Quarterly Earnings on Monday

Ramaco Resources (NASDAQ:METC) will likely be announcing its Q1 2025 earnings results before the market opens on Monday, May 12th. Analysts expect the company to announce earnings of ($0.21) per share and revenue of $137.10 million for the quarter.

Ramaco Resources (NASDAQ:METC) last issued 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). The company had revenue of $170.90 million during the quarter, compared to analysts’ expectations of $166.59 million. Ramaco Resources had a net margin of 5.35% and a return on equity of 10.17%. The firm’s quarterly revenue was down 15.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.24 earnings per share. 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 Trading Down 1.3 %

Shares of METC stock opened at $9.01 on Friday. Ramaco Resources has a 1-year low of $6.30 and a 1-year high of $15.49. The firm has a market cap of $400.12 million, a PE ratio of 13.86 and a beta of 1.28. The company has a 50-day moving average of $8.99 and a two-hundred day moving average of $10.09. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.35 and a quick ratio of 0.86.

Ramaco Resources Cuts Dividend

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

Analyst Ratings Changes

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

Insider Activity

In related news, major shareholder Yorktown Energy Partners Xi, L sold 83,871 shares of Ramaco Resources stock in a transaction that occurred on Friday, March 21st. The shares were sold at an average price of $8.61, for a total value of $722,129.31. Following the completion of the transaction, the insider now owns 1,059,909 shares in the company, valued at $9,125,816.49. The trade was a 7.33 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Peter A. Leidel sold 245,000 shares of the business’s stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $8.85, for a total transaction of $2,168,250.00. Following the transaction, the director now owns 695,601 shares of the company’s stock, valued at $6,156,068.85. This trade represents a 26.05 % decrease in their position. 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. Corporate insiders own 41.20% of the company’s stock.

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.