NYSE:BSM - Black Stone Minerals Stock Price, Price Target & More

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

Black Stone Minerals announced a quarterly dividend on Monday, May 7th. Shareholders of record on Thursday, May 17th will be paid a dividend of $0.313 per share on Thursday, May 24th. This represents a $1.25 annualized dividend and a dividend yield of 7.12%. The ex-dividend date of this dividend is Wednesday, May 16th. This is a positive change from Black Stone Minerals's previous quarterly dividend of $0.31. View Black Stone Minerals' Dividend History.

Black Stone Minerals LP (NYSE:BSM) announced its quarterly earnings results on Monday, May, 7th. The oil and gas producer reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.23. The oil and gas producer had revenue of $114.49 million for the quarter, compared to analyst estimates of $106 million. Black Stone Minerals had a net margin of 20.78% and a return on equity of 11.19%. View Black Stone Minerals' Earnings History.

Black Stone Minerals is scheduled to release their next quarterly earnings announcement on Monday, August, 6th 2018. View Earnings Estimates for Black Stone Minerals.

5 brokers have issued 12 month price objectives for Black Stone Minerals' stock. Their predictions range from $18.00 to $20.00. On average, they expect Black Stone Minerals' share price to reach $19.40 in the next twelve months. This suggests a possible upside of 10.3% from the stock's current price. View Analyst Ratings for Black Stone Minerals.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Black Stone Minerals in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Black Stone Minerals include Diamondback Energy (FANG), Cenovus Energy (CVE), TORAY INDUSTRIE/ADR (TRYIY), Encana (ECA), Cabot Oil & Gas (COG), Parsley Energy (PE), Cimarex Energy (XEC), RSP Permian (RSPP), WPX Energy (WPX), Energen (EGN), Antero Resources (AR), Newfield Exploration (NFX), Murphy Oil (MUR), Vermilion Energy (VET) and Centennial Resource Development (CDEV).

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

News headlines about BSM stock have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Black Stone Minerals earned a news sentiment score of 0.24 on Accern's scale. They also gave news articles about the oil and gas producer an impact score of 47.11 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Black Stone Minerals' stock is owned by many different of institutional and retail investors. Top institutional investors include Bank of Montreal Can (0.06%). Company insiders that own Black Stone Minerals stock include Alexander D Stuart, Brock Morris, Dawn Smajstrla, Jeffrey P Wood, Luke Stevens Putman, Ricky J Haeflinger and Thomas L Carter Jr. View Institutional Ownership Trends for Black Stone Minerals.

BSM stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can. Company insiders that have bought Black Stone Minerals stock in the last two years include Alexander D Stuart, Ricky J Haeflinger and Thomas L Carter Jr. View Insider Buying and Selling for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of BSM stock can currently be purchased for approximately $17.59.

Black Stone Minerals has a market capitalization of $3.58 billion and generates $429.66 million in revenue each year. The oil and gas producer earns $157.18 million in net income (profit) each year or $1.01 on an earnings per share basis. Black Stone Minerals employs 113 workers across the globe.

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]