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DOW   31,496.30
QQQ   308.68
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
S&P 500   3,841.94
DOW   31,496.30
QQQ   308.68
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NYSE:BSM

Black Stone Minerals Stock Forecast, Price & News

$9.61
+0.15 (+1.59 %)
(As of 03/5/2021 12:00 AM ET)
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Today's Range
$9.37
Now: $9.61
$9.86
50-Day Range
$7.90
MA: $9.05
$9.98
52-Week Range
$4.04
Now: $9.61
$10.13
Volume490,660 shs
Average Volume672,984 shs
Market Capitalization$2.13 billion
P/E Ratio18.13
Dividend Yield7.49%
Beta1.57
Black Stone Minerals, L.P. owns and manages oil and natural gas mineral interests. The company owns mineral interests in approximately 16.8 million gross acres, nonparticipating royalty interests in 1.8 million gross acres, and overriding royalty interests in 1.7 million gross acres located in 41 states in the United States. As of December 31, 2019, the company had a total estimated proved oil and natural gas reserves of 68,543 barrels of oil equivalent. Black Stone Minerals, L.P. was founded in 1876 and is based in Houston, Texas.
Black Stone Minerals logo

Headlines

Black Stone Minerals increases dividend by ~17% to $0.175
February 5, 2021 |  seekingalpha.com
Is Black Stone Minerals (BSM) Stock A Good Investment?
November 29, 2020 |  finance.yahoo.com
Black Stone Minerals LP to Host Earnings Call
November 3, 2020 |  finance.yahoo.com
Earnings Outlook for Black Stone Minerals
October 30, 2020 |  finance.yahoo.com
Black Stone Minerals: Long-Term Value
August 8, 2020 |  seekingalpha.com
Black Stone Minerals raises dividend by ~88%
July 27, 2020 |  seekingalpha.com
See More Headlines

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryN/A
CUSIPN/A
Phone713-445-3200
EmployeesN/A
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$487.82 million
Cash Flow$1.98 per share
Book Value$3.88 per share

Profitability

Net Income$214.37 million

Miscellaneous

Market Cap$2.13 billion
Next Earnings Date5/3/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.51 out of 5 stars

Oils/Energy Sector

124th out of 668 stocks

Crude Petroleum & Natural Gas Industry

41st out of 247 stocks

Analyst Opinion: 1.5Community Rank: 2.3Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -
$9.61
+0.15 (+1.59 %)
(As of 03/5/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Black Stone Minerals (NYSE:BSM) Frequently Asked Questions

Is Black Stone Minerals a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Black Stone Minerals in the last year. There are currently 1 hold rating, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Black Stone Minerals stock.
View analyst ratings for Black Stone Minerals
or view top-rated stocks.

What stocks does MarketBeat like better than Black Stone Minerals?

Wall Street analysts have given Black Stone Minerals a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Black Stone Minerals wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Black Stone Minerals?

Black Stone Minerals saw a increase in short interest in the month of January. As of January 29th, there was short interest totaling 1,690,000 shares, an increase of 77.0% from the January 14th total of 954,800 shares. Based on an average trading volume of 641,700 shares, the short-interest ratio is currently 2.6 days.
View Black Stone Minerals' Short Interest
.

When is Black Stone Minerals' next earnings date?

Black Stone Minerals is scheduled to release its next quarterly earnings announcement on Monday, May 3rd 2021.
View our earnings forecast for Black Stone Minerals
.

How were Black Stone Minerals' earnings last quarter?

Black Stone Minerals, L.P. (NYSE:BSM) issued its quarterly earnings results on Sunday, February, 21st. The oil and gas producer reported $0.12 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.19 by $0.07. Black Stone Minerals had a net margin of 31.42% and a trailing twelve-month return on equity of 16.85%.
View Black Stone Minerals' earnings history
.

How has Black Stone Minerals' stock price been impacted by Coronavirus?

Black Stone Minerals' stock was trading at $6.49 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, BSM shares have increased by 48.1% and is now trading at $9.61.
View which stocks have been most impacted by COVID-19
.

How often does Black Stone Minerals pay dividends? What is the dividend yield for Black Stone Minerals?

Black Stone Minerals declared a quarterly dividend on Wednesday, February 3rd. Investors of record on Tuesday, February 16th will be paid a dividend of $0.175 per share on Tuesday, February 23rd. This represents a $0.70 dividend on an annualized basis and a dividend yield of 7.28%. The ex-dividend date is Friday, February 12th. This is a positive change from Black Stone Minerals's previous quarterly dividend of $0.15.
View Black Stone Minerals' dividend history
.

Is Black Stone Minerals a good dividend stock?

Black Stone Minerals pays an annual dividend of $0.70 per share and currently has a dividend yield of 7.49%. BSM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Black Stone Minerals does not yet have a strock track record of dividend growth. The dividend payout ratio of Black Stone Minerals is 60.34%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, Black Stone Minerals will have a dividend payout ratio of 145.83% in the coming year. This indicates that Black Stone Minerals may not be able to sustain their current dividend.
View Black Stone Minerals' dividend history.

What price target have analysts set for BSM?

4 analysts have issued 12-month target prices for Black Stone Minerals' stock. Their forecasts range from $8.00 to $13.00. On average, they anticipate Black Stone Minerals' stock price to reach $10.50 in the next twelve months. This suggests a possible upside of 9.3% from the stock's current price.
View analysts' price targets for Black Stone Minerals
or view top-rated stocks among Wall Street analysts.

Who are Black Stone Minerals' key executives?

Black Stone Minerals' management team includes the following people:
  • Mr. Thomas L. Carter Jr., Chairman & CEO of Black Stone Minerals GP L.L.C (Age 69, Pay $1.41M)
  • Mr. Jeffrey P. Wood, Pres & CFO of Black Stone Minerals GP LLC (Age 50, Pay $775.5k)
  • Mr. Steve Putman, Sr. VP, Gen. Counsel & Sec. of Black Stone Minerals GP LLC (Age 46, Pay $547.05k)
  • Ms. Dawn K. Smajstrla, Chief Accounting Officer & VP of Black Stone Minerals GP LLC (Age 50)
  • Evan Kiefer, Director of Fin. & Investor Relations
  • Ms. Kristin Wiggs, VP of HR
  • Mr. R. Marc Carroll, Consultant of Black Stone Minerals Gp L.L.C (Age 51)

What is Thomas L. Carter, Jr.'s approval rating as Black Stone Minerals' CEO?

2 employees have rated Black Stone Minerals CEO Thomas L. Carter, Jr. on Glassdoor.com. Thomas L. Carter, Jr. has an approval rating of 100% among Black Stone Minerals' employees. This puts Thomas L. Carter, Jr. in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Black Stone Minerals' key competitors?

What other stocks do shareholders of Black Stone Minerals own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Black Stone Minerals investors own include AT&T (T), Enterprise Products Partners (EPD), Energy Transfer (ET), Ares Capital (ARCC), Alibaba Group (BABA), NVIDIA (NVDA), General Electric (GE), Baidu (BIDU), Mplx (MPLX) and USA Compression Partners (USAC).

When did Black Stone Minerals IPO?

(BSM) raised $450 million in an initial public offering on Friday, May 1st 2015. The company issued 22,500,000 shares at $19.00-$21.00 per share. Barclays, BofA Merrill Lynch, Citigroup, Credit Suisse and Wells Fargo Securities acted as the underwriters for the IPO and J.P. Morgan, Morgan Stanley, Raymond James, Scotia Howard Weil and Simmons & Company International were co-managers.

What is Black Stone Minerals' stock symbol?

Black Stone Minerals trades on the New York Stock Exchange (NYSE) under the ticker symbol "BSM."

Who are Black Stone Minerals' major shareholders?

Black Stone Minerals' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Morgan Stanley (1.39%), SoftVest Advisors LLC (0.95%), Brown Advisory Inc. (0.49%), First Trust Advisors LP (0.23%), Kempner Capital Management Inc. (0.20%) and Ancora Advisors LLC (0.19%). Company insiders that own Black Stone Minerals stock include (Rick) Anthon Richard, Brock Morris, D Mark Dewalch, Dawn Smajstrla, Holbrook F Dorn, Luke Stevens Putman, Marvin Jeffrey and William N Mathis.
View institutional ownership trends for Black Stone Minerals
.

Which major investors are selling Black Stone Minerals stock?

BSM stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Morgan Stanley, Sumitomo Mitsui Trust Holdings Inc., First Trust Advisors LP, Credit Suisse AG, Brown Advisory Inc., Ascension Capital Advisors Inc., and Eagle Global Advisors LLC.
View insider buying and selling activity for Black Stone Minerals
or view top insider-selling stocks.

Which major investors are buying Black Stone Minerals stock?

BSM stock was purchased by a variety of institutional investors in the last quarter, including SoftVest Advisors LLC, Ancora Advisors LLC, Tri Star Advisors Inc., Jane Street Group LLC, Russell Investments Group Ltd., Capital Directions Investment Advisors LLC, Virtus ETF Advisers LLC, and TIAA FSB. Company insiders that have bought Black Stone Minerals stock in the last two years include (Rick) Anthon Richard, D Mark Dewalch, and Marvin Jeffrey.
View insider buying and selling activity for Black Stone Minerals
or or view top insider-buying stocks.

How do I buy shares of Black Stone Minerals?

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

What is Black Stone Minerals' stock price today?

One share of BSM stock can currently be purchased for approximately $9.61.

How much money does Black Stone Minerals make?

Black Stone Minerals has a market capitalization of $2.13 billion and generates $487.82 million in revenue each year. The oil and gas producer earns $214.37 million in net income (profit) each year or $1.16 on an earnings per share basis.

What is Black Stone Minerals' official website?

The official website for Black Stone Minerals is www.blackstoneminerals.com.

Where are Black Stone Minerals' headquarters?

Black Stone Minerals is headquartered at 1001 FANNIN STREET SUITE 2020, HOUSTON TX, 77002.

How can I contact Black Stone Minerals?

Black Stone Minerals' mailing address is 1001 FANNIN STREET SUITE 2020, HOUSTON TX, 77002. The oil and gas producer can be reached via phone at 713-445-3200 or via email at [email protected]


This page was last updated on 3/6/2021 by MarketBeat.com Staff

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