NYSE:BSM - Black Stone Minerals Stock Price, Forecast & News

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

Black Stone Minerals declared a quarterly dividend on Wednesday, October 23rd. Investors of record on Thursday, November 14th will be given a dividend of $0.37 per share on Thursday, November 21st. This represents a $1.48 annualized dividend and a dividend yield of 12.12%. The ex-dividend date is Wednesday, November 13th. View Black Stone Minerals' Dividend History.

Black Stone Minerals LP (NYSE:BSM) released its quarterly earnings results on Monday, November, 4th. The oil and gas producer reported $0.32 EPS for the quarter, beating the consensus estimate of $0.28 by $0.04. The oil and gas producer earned $137.37 million during the quarter, compared to analyst estimates of $137.62 million. Black Stone Minerals had a net margin of 48.19% and a return on equity of 32.46%. View Black Stone Minerals' Earnings History.

Black Stone Minerals is scheduled to release their next quarterly earnings announcement on Monday, February 24th 2020. View Earnings Estimates for Black Stone Minerals.

6 analysts have issued 12 month price objectives for Black Stone Minerals' stock. Their forecasts range from $14.00 to $22.00. On average, they anticipate Black Stone Minerals' stock price to reach $17.33 in the next twelve months. This suggests a possible upside of 42.0% from the stock's current price. View Analyst Price Targets for Black Stone Minerals.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Black Stone Minerals in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Black Stone Minerals.

Media coverage about BSM stock has been trending positive on Monday, InfoTrie reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Black Stone Minerals earned a news impact score of 3.0 on InfoTrie's scale. They also assigned news articles about the oil and gas producer a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Black Stone Minerals.

Some companies that are related to Black Stone Minerals include Devon Energy (DVN), Cabot Oil & Gas (COG), Parsley Energy (PE), Encana (ECA), WPX Energy (WPX), Cimarex Energy (XEC), Murphy Oil (MUR), Viper Energy Partners (VNOM), Magnolia Oil & Gas (MGY), Kosmos Energy (KOS), Vermilion Energy (VET), Crescent Point Energy (CPG), EQT (EQT), Tellurian (TELL) and ARC Resources (AETUF).

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), Alibaba Group (BABA), Energy Transfer LP Unit (ET), NVIDIA (NVDA), Intel (INTC), USA Compression Partners (USAC), Verizon Communications (VZ), Enviva Partners (EVA) and General Electric (GE).

(BSM) raised $450 million in an initial public offering (IPO) 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 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.

Black Stone Minerals' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Spirit of America Management Corp NY (0.20%) and Kempner Capital Management Inc. (0.19%). Company insiders that own Black Stone Minerals stock include (Rick) Anthon Richard, Alexander D Stuart, Brock Morris, D Mark Dewalch, Dawn Smajstrla, Holbrook F Dorn, Jeffrey P Wood, Luke Stevens Putman, Marvin Jeffrey, Thomas L Carter Jr and William N Mathis. View Institutional Ownership Trends for Black Stone Minerals.

BSM stock was sold by a variety of institutional investors in the last quarter, including Spirit of America Management Corp NY. Company insiders that have sold Black Stone Minerals company stock in the last year include Brock Morris, Dawn Smajstrla, Holbrook F Dorn, Jeffrey P Wood, Luke Stevens Putman and William N Mathis. View Insider Buying and Selling for Black Stone Minerals.

BSM stock was purchased by a variety of institutional investors in the last quarter, including Kempner Capital Management Inc.. Company insiders that have bought Black Stone Minerals stock in the last two years include (Rick) Anthon Richard, Alexander D Stuart, D Mark Dewalch, Marvin Jeffrey, Thomas L Carter Jr and William N Mathis. 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, Robinhood, Fidelity and Charles Schwab.

One share of BSM stock can currently be purchased for approximately $12.21.

Black Stone Minerals has a market capitalization of $2.51 billion and generates $609.57 million in revenue each year. The oil and gas producer earns $295.54 million in net income (profit) each year or $1.45 on an earnings per share basis. View Additional Information About Black Stone Minerals.

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

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]