NASDAQ:FLMNFalcon Minerals Stock Price, Forecast & News

Falcon Minerals' stock was trading at $2.50 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, FLMN stock has increased by 27.2% and is now trading at $3.18. View which stocks have been most impacted by Coronavirus.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Falcon Minerals in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Falcon Minerals.

Falcon Minerals is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Falcon Minerals.

Falcon Minerals Corp (NASDAQ:FLMN) posted its earnings results on Thursday, May, 7th. The company reported $0.05 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.06 by $0.01. The company earned $13.60 million during the quarter, compared to analysts' expectations of $14.23 million. Falcon Minerals had a net margin of 18.38% and a return on equity of 4.50%. View Falcon Minerals' earnings history.

Falcon Minerals declared a quarterly dividend on Thursday, May 7th. Stockholders of record on Monday, May 25th will be given a dividend of $0.025 per share on Monday, June 8th. This represents a $0.10 dividend on an annualized basis and a yield of 3.14%. The ex-dividend date of this dividend is Thursday, May 21st. View Falcon Minerals' dividend history.

7 Wall Street analysts have issued 12-month target prices for Falcon Minerals' shares. Their forecasts range from $3.00 to $8.00. On average, they expect Falcon Minerals' share price to reach $5.47 in the next twelve months. This suggests a possible upside of 71.9% from the stock's current price. View analysts' price targets for Falcon Minerals.

News articles about FLMN stock have been trending negative this week, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Falcon Minerals earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Falcon Minerals.

Falcon Minerals saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 522,300 shares, a drop of 13.2% from the June 15th total of 601,400 shares. Based on an average trading volume of 315,700 shares, the days-to-cover ratio is presently 1.7 days. Approximately 1.5% of the shares of the stock are sold short. View Falcon Minerals' Current Options Chain.

Some companies that are related to Falcon Minerals include Matador Resources (MTDR), Crescent Point Energy (CPG), Comstock Resources (CRK), Enerplus (ERF), Antero Resources (AR), Vermilion Energy (VET), Brigham Minerals (MNRL), Kosmos Energy (KOS), GeoPark (GPRK), Enerplus (ERF), Talos Energy (TALO), Kimbell Royalty Partners (KRP), GENEL ENERGY PL/ADR (GEGYY), Callon Petroleum (CPE) and Dorchester Minerals (DMLP). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Falcon Minerals investors own include Bank of Hawaii (BOH), InterDigital Wireless (IDCC), Carnival (CCL), Stag Industrial (STAG), Norwegian Cruise Line (NCLH), Oasis Midstream Partners (OMP), Delta Air Lines (DAL), General Motors (GM), Kohl's (KSS) and Royal Caribbean Cruises (RCL).

Falcon Minerals trades on the NASDAQ under the ticker symbol "FLMN."

Shares of FLMN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of FLMN stock can currently be purchased for approximately $3.18.

Falcon Minerals has a market capitalization of $273.45 million and generates $68.46 million in revenue each year. The company earns $14.35 million in net income (profit) each year or $0.31 on an earnings per share basis. Falcon Minerals employs 8 workers across the globe.

The official website for Falcon Minerals is www.falconminerals.com.

Falcon Minerals' mailing address is 510 Madison Avenue 8th Floor, New York NY, 10022. The company can be reached via phone at 212-506-5925 or via email at [email protected]