What is Northland Securities’ Forecast for METC Q3 Earnings?

Ramaco Resources, Inc. (NASDAQ:METC) – Equities researchers at Northland Securities decreased their Q3 2026 earnings per share estimates for Ramaco Resources in a report released on Thursday, February 26th. Northland Securities analyst J. Grampp now anticipates that the energy company will earn $0.01 per share for the quarter, down from their prior forecast of $0.02. The consensus estimate for Ramaco Resources’ current full-year earnings is $0.05 per share.

METC has been the topic of several other research reports. Jefferies Financial Group upgraded Ramaco Resources from a “hold” rating to a “buy” rating and cut their price objective for the company from $33.00 to $30.00 in a report on Tuesday, January 20th. The Goldman Sachs Group initiated coverage on Ramaco Resources in a research report on Wednesday, November 19th. They set a “sell” rating and a $16.00 price objective for the company. Weiss Ratings reissued a “sell (d+)” rating on shares of Ramaco Resources in a research report on Monday, December 29th. Morgan Stanley began coverage on Ramaco Resources in a report on Friday, December 5th. They set an “equal weight” rating and a $17.50 target price on the stock. Finally, Zacks Research downgraded Ramaco Resources from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 3rd. Two research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, one has assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $34.07.

Ramaco Resources Price Performance

METC opened at $14.93 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.97 and a quick ratio of 2.24. Ramaco Resources has a one year low of $6.30 and a one year high of $57.80. The stock has a market capitalization of $985.38 million, a P/E ratio of -15.08 and a beta of 1.44. The company’s 50 day simple moving average is $19.10 and its 200-day simple moving average is $24.27.

Ramaco Resources (NASDAQ:METC) last posted its quarterly earnings results on Wednesday, February 25th. The energy company reported ($0.22) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.24) by $0.02. The firm had revenue of $108.72 million during the quarter, compared to analyst estimates of $143.48 million. Ramaco Resources had a negative net margin of 9.59% and a negative return on equity of 12.55%. The company’s quarterly revenue was down 25.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.02 earnings per share.

Hedge Funds Weigh In On Ramaco Resources

A number of large investors have recently modified their holdings of the company. Goldman Sachs Group Inc. grew its holdings in Ramaco Resources by 27.0% during the first quarter. Goldman Sachs Group Inc. now owns 274,545 shares of the energy company’s stock worth $2,260,000 after buying an additional 58,304 shares in the last quarter. Empowered Funds LLC grew its stake in Ramaco Resources by 1.8% in the 1st quarter. Empowered Funds LLC now owns 123,110 shares of the energy company’s stock worth $1,013,000 after buying an additional 2,223 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Ramaco Resources by 25.0% during the 2nd quarter. Geode Capital Management LLC now owns 687,343 shares of the energy company’s stock valued at $9,033,000 after buying an additional 137,635 shares in the last quarter. Intech Investment Management LLC boosted its position in Ramaco Resources by 20.1% during the 2nd quarter. Intech Investment Management LLC now owns 21,071 shares of the energy company’s stock valued at $277,000 after buying an additional 3,533 shares during the period. Finally, Rhumbline Advisers lifted its holdings in Ramaco Resources by 40.1% in the 2nd quarter. Rhumbline Advisers now owns 49,605 shares of the energy company’s stock worth $652,000 after buying an additional 14,199 shares during the period. 74.49% of the stock is currently owned by institutional investors.

Ramaco Resources announced that its Board of Directors has approved a share buyback plan on Tuesday, December 23rd that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the energy company to reacquire up to 9.7% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s management believes its stock is undervalued.

Key Headlines Impacting Ramaco Resources

Here are the key news stories impacting Ramaco Resources this week:

• Positive Sentiment: Company announced a Class B stock dividend and said it is advancing its minerals business—corporate actions that can be viewed as shareholder‑friendly or validating asset progress. Ramaco Resources Declares Class B Stock Dividend, Advances Minerals
• Neutral Sentiment: EPS slightly beat expectations: Ramaco reported ($0.22) EPS vs. consensus ($0.24) — the modest beat reduces one pressure point but is unlikely to offset other negatives without stronger revenue/guidance. Quarterly results and call Earnings presentation
• Negative Sentiment: Revenue missed materially: Q4 revenue of $108.7M vs. analyst estimates of $143.5M and a 25.1% y/y decline — a meaningful weakness that explains much of the sell‑off and raises concerns about demand and near‑term cash generation. The company also reported negative margins and negative ROE. MarketBeat earnings summary
• Negative Sentiment: Multiple law firms have filed or are soliciting clients for a securities class action relating to a July 31–Oct 23, 2025 class period and are reminding investors of a March 31, 2026 lead‑plaintiff deadline. The proliferation of notices (Pomerantz, Rosen, Faruqi, Berger Montague, Levi & Korsinsky, etc.) raises legal and settlement risk and likely contributes to increased selling. Pomerantz investor alert Rosen Law Firm notice Faruqi & Faruqi reminder

About Ramaco Resources

Ramaco Resources, Inc (NASDAQ:METC) is a U.S.-based producer of premium metallurgical coal and industrial minerals, focused on supplying the steel and allied industries. The company’s operations are centered in the Appalachian region of West Virginia, where it develops, mines and processes high-carbon coal products designed to meet the quality requirements of blast‐furnace and electric‐arc furnace steelmakers.

The firm’s flagship asset is the Elk Creek underground mine in Wyoming County, West Virginia, which began commercial production in 2019 and delivers a range of high‐grade metallurgical and anthracite coals.