Black Stone Minerals (NYSE:BSM - Get Free Report) is expected to issue its Q1 2025 quarterly earnings data after the market closes on Monday, May 5th. Analysts expect Black Stone Minerals to post earnings of $0.35 per share and revenue of $118.25 million for the quarter.
Black Stone Minerals (NYSE:BSM - Get Free Report) last posted its quarterly earnings results on Monday, February 24th. The oil and gas producer reported $0.18 earnings per share for the quarter, missing analysts' consensus estimates of $0.39 by ($0.21). Black Stone Minerals had a return on equity of 41.49% and a net margin of 67.54%. The firm had revenue of $83.73 million for the quarter, compared to analyst estimates of $115.46 million. On average, analysts expect Black Stone Minerals to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Black Stone Minerals Trading Up 1.9 %
NYSE BSM traded up $0.27 during mid-day trading on Thursday, hitting $14.38. The company's stock had a trading volume of 205,325 shares, compared to its average volume of 445,895. The firm has a market capitalization of $3.04 billion, a price-to-earnings ratio of 8.88 and a beta of 0.52. The company's 50 day simple moving average is $14.67 and its 200 day simple moving average is $14.82. Black Stone Minerals has a twelve month low of $12.80 and a twelve month high of $16.92.
Black Stone Minerals Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Thursday, May 8th will be given a $0.375 dividend. The ex-dividend date is Thursday, May 8th. This represents a $1.50 annualized dividend and a yield of 10.43%. Black Stone Minerals's payout ratio is 130.43%.
Wall Street Analyst Weigh In
A number of research analysts have recently weighed in on the company. StockNews.com lowered Black Stone Minerals from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. Royal Bank of Canada upgraded shares of Black Stone Minerals to a "hold" rating in a research note on Friday, March 14th. Finally, Piper Sandler dropped their price target on shares of Black Stone Minerals from $16.00 to $15.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 22nd.
View Our Latest Stock Analysis on BSM
About Black Stone Minerals
(
Get Free Report)
Black Stone Minerals, L.P., together with its subsidiaries, owns and manages oil and natural gas mineral interests. It owns mineral interests in approximately 16.8 million gross acres, nonparticipating royalty interests in 1.8 million gross acres, and overriding royalty interests in 1.6 million gross acres located in 41 states in the United States.
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