Black Stone Minerals, L.P. (NYSE:BSM - Free Report) - Stock analysts at KeyCorp reduced their Q1 2025 earnings per share (EPS) estimates for Black Stone Minerals in a report issued on Sunday, April 20th. KeyCorp analyst T. Rezvan now expects that the oil and gas producer will earn $0.32 per share for the quarter, down from their previous forecast of $0.36. The consensus estimate for Black Stone Minerals' current full-year earnings is $1.36 per share. KeyCorp also issued estimates for Black Stone Minerals' Q2 2025 earnings at $0.31 EPS, Q3 2025 earnings at $0.32 EPS, Q4 2025 earnings at $0.33 EPS, FY2025 earnings at $1.28 EPS, Q1 2026 earnings at $0.34 EPS, Q2 2026 earnings at $0.32 EPS, Q3 2026 earnings at $0.33 EPS, Q4 2026 earnings at $0.34 EPS and FY2026 earnings at $1.33 EPS.
A number of other research analysts also recently commented on BSM. StockNews.com downgraded Black Stone Minerals from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. Royal Bank of Canada raised Black Stone Minerals to a "hold" rating in a report on Friday, March 14th. Finally, Piper Sandler reduced their target price on Black Stone Minerals from $16.00 to $15.00 and set a "neutral" rating on the stock in a report on Tuesday, April 22nd.
Read Our Latest Report on BSM
Black Stone Minerals Price Performance
BSM traded up $0.07 on Tuesday, reaching $14.48. The company's stock had a trading volume of 114,701 shares, compared to its average volume of 448,118. The stock has a market cap of $3.06 billion, a price-to-earnings ratio of 8.94 and a beta of 0.52. Black Stone Minerals has a 1 year low of $12.80 and a 1 year high of $16.92. The business's 50 day moving average is $14.71 and its 200 day moving average is $14.84.
Black Stone Minerals (NYSE:BSM - Get Free Report) last issued its earnings results on Monday, February 24th. The oil and gas producer reported $0.18 earnings per share for the quarter, missing the consensus estimate 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 company had revenue of $83.73 million during the quarter, compared to analysts' expectations of $115.46 million.
Black Stone Minerals Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 8th will be given a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 10.36%. The ex-dividend date is Thursday, May 8th. Black Stone Minerals's payout ratio is 130.43%.
Institutional Trading of Black Stone Minerals
Hedge funds have recently added to or reduced their stakes in the business. Nicholson Meyer Capital Management Inc. acquired a new stake in Black Stone Minerals in the first quarter worth about $224,000. Avidian Wealth Enterprises LLC lifted its holdings in Black Stone Minerals by 5.5% in the 1st quarter. Avidian Wealth Enterprises LLC now owns 29,000 shares of the oil and gas producer's stock valued at $443,000 after acquiring an additional 1,500 shares during the last quarter. Penn Davis Mcfarland Inc. lifted its holdings in Black Stone Minerals by 16.3% in the 1st quarter. Penn Davis Mcfarland Inc. now owns 1,861,741 shares of the oil and gas producer's stock valued at $28,429,000 after acquiring an additional 260,559 shares during the last quarter. Flagship Harbor Advisors LLC lifted its holdings in Black Stone Minerals by 6.6% in the 1st quarter. Flagship Harbor Advisors LLC now owns 25,980 shares of the oil and gas producer's stock valued at $397,000 after acquiring an additional 1,602 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its stake in Black Stone Minerals by 1.7% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 395,880 shares of the oil and gas producer's stock valued at $6,045,000 after buying an additional 6,627 shares in the last quarter. Institutional investors own 14.49% of the company's stock.
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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