B. Riley Decreases Earnings Estimates for Ramaco Resources

Ramaco Resources, Inc. (NASDAQ:METC - Free Report) - Investment analysts at B. Riley cut their FY2026 earnings estimates for Ramaco Resources in a report issued on Thursday, January 30th. B. Riley analyst N. Giles now expects that the energy company will post earnings of $2.22 per share for the year, down from their previous forecast of $2.41. The consensus estimate for Ramaco Resources' current full-year earnings is $0.05 per share.

Ramaco Resources (NASDAQ:METC - Get Free Report) last issued its quarterly earnings results on Monday, November 4th. The energy company reported ($0.03) EPS for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.01). The firm had revenue of $167.40 million for the quarter, compared to the consensus estimate of $156.41 million. Ramaco Resources had a net margin of 5.35% and a return on equity of 10.17%. The business's revenue was down 10.5% compared to the same quarter last year. During the same period last year, the company posted $0.45 EPS.

Separately, Jefferies Financial Group cut their target price on 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 Trading Down 2.2 %

Shares of Ramaco Resources stock opened at $9.64 on Friday. The stock has a market capitalization of $506.39 million, a PE ratio of 14.83 and a beta of 1.18. Ramaco Resources has a 52 week low of $8.87 and a 52 week high of $20.70. The stock has a 50 day moving average price of $10.79 and a two-hundred day moving average price of $11.39. 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 Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be given a dividend of $0.1375 per share. The ex-dividend date is Friday, February 28th. This represents a $0.55 annualized dividend and a yield of 5.71%. Ramaco Resources's payout ratio is currently 84.62%.

Institutional Trading of Ramaco Resources

Several hedge funds have recently added to or reduced their stakes in the stock. Wellington Management Group LLP bought a new position in shares of Ramaco Resources during the 3rd quarter valued at approximately $22,127,000. Dimensional Fund Advisors LP grew its holdings in Ramaco Resources by 21.7% during the second quarter. Dimensional Fund Advisors LP now owns 1,380,601 shares of the energy company's stock valued at $17,186,000 after purchasing an additional 245,924 shares during the period. Millennium Management LLC grew its holdings in Ramaco Resources by 22.4% during the second quarter. Millennium Management LLC now owns 435,007 shares of the energy company's stock valued at $5,416,000 after purchasing an additional 79,687 shares during the period. FMR LLC increased its position in Ramaco Resources by 5.3% in the third quarter. FMR LLC now owns 371,885 shares of the energy company's stock worth $4,351,000 after buying an additional 18,582 shares during the last quarter. Finally, Segall Bryant & Hamill LLC raised its stake in shares of Ramaco Resources by 1.5% in the third quarter. Segall Bryant & Hamill LLC now owns 310,688 shares of the energy company's stock valued at $3,635,000 after buying an additional 4,460 shares during the period. Institutional investors own 74.49% of the company's stock.

About Ramaco Resources

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.

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