NYSE:BSM Black Stone Minerals (BSM) Stock Forecast, Price & News $16.08 -0.16 (-0.99%) (As of 04:00 PM ET) Add Compare Share Share Today's Range$15.97▼$16.3450-Day Range$14.82▼$16.9252-Week Range$12.81▼$20.24Volume266,737 shsAverage Volume659,861 shsMarket Capitalization$3.38 billionP/E Ratio5.83Dividend Yield11.82%Price Target$19.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Black Stone Minerals MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside18.3% Upside$19.00 Price TargetShort InterestHealthy1.37% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.35Based on 3 Articles This WeekInsider TradingSelling Shares$1.51 M Sold Last QuarterProj. Earnings Growth-15.38%From $1.82 to $1.54 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.31 out of 5 starsOils/Energy Sector124th out of 249 stocksCrude Petroleum & Natural Gas Industry55th out of 80 stocks 2.3 Analyst's Opinion Consensus RatingBlack Stone Minerals has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $19.00, Black Stone Minerals has a forecasted upside of 18.3% from its current price of $16.06.Amount of Analyst CoverageBlack Stone Minerals has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.37% of the float of Black Stone Minerals has been sold short.Short Interest Ratio / Days to CoverBlack Stone Minerals has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Black Stone Minerals has recently increased by 22.99%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipBlack Stone Minerals is a leading dividend payer. It pays a dividend yield of 11.64%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBlack Stone Minerals has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Black Stone Minerals is 68.84%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Black Stone Minerals will have a dividend payout ratio of 123.38% in the coming year. This indicates that Black Stone Minerals may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BSM. Previous Next 2.4 News and Social Media Coverage News SentimentBlack Stone Minerals has a news sentiment score of 0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Black Stone Minerals this week, compared to 3 articles on an average week.Search Interest24 people have searched for BSM on MarketBeat in the last 30 days. This is an increase of 14% compared to the previous 30 days.MarketBeat Follows26 people have added Black Stone Minerals to their MarketBeat watchlist in the last 30 days. This is an increase of 24% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Black Stone Minerals insiders have sold 204.95% more of their company's stock than they have bought. Specifically, they have bought $493,854.00 in company stock and sold $1,506,000.00 in company stock.Percentage Held by Insiders21.10% of the stock of Black Stone Minerals is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 16.46% of the stock of Black Stone Minerals is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Black Stone Minerals are expected to decrease by -15.38% in the coming year, from $1.82 to $1.54 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Black Stone Minerals is 5.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.77.Price to Earnings Ratio vs. SectorThe P/E ratio of Black Stone Minerals is 5.82, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 50.97.Price to Book Value per Share RatioBlack Stone Minerals has a P/B Ratio of 3.69. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Black Stone Minerals (NYSE:BSM) StockBlack Stone Minerals LP is an exploration company. The firm engages in the exploration of oil and natural gas minerals. It focuses on the operation of Louisiana-Mississippi Salt Basins, Western Gulf, Permian Basin, Palo Duro Basin, East Texas Basin, Anadarko Basin, Appalachian Basin, Arkoma Basin, Bend Arch-Fort Worth, and Southwestern Wyoming. The company was founded in 1876 and is headquartered in Houston, TX.Read More Receive BSM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Black Stone Minerals and its competitors with MarketBeat's FREE daily newsletter. Email Address BSM Stock News HeadlinesJune 7, 2023 | seekingalpha.comBlack Stone Minerals: Slightly Over $2 Per Unit In Projected 2023 DCFJune 4, 2023 | americanbankingnews.comHead to Head Review: Black Stone Minerals (NYSE:BSM) vs. Galp Energia, SGPS (OTCMKTS:GLPEY)June 9, 2023 | MarketBeat Internal (Ad)Your Ultimate Investment Research PlatformMarketBeat All-Access is the all-in-one stock research solution that saves you time and helps you make more money. You get our top stock picks, best-in-class research tools, proprietary research reports and much more. May 31, 2023 | incomeinvestors.com11.9%-Yielding Black Stone Minerals Stock Up 12% in 2023May 21, 2023 | americanbankingnews.comBlack Stone Minerals (NYSE:BSM) PT Lowered to $15.00May 20, 2023 | americanbankingnews.comBlack Stone Minerals (NYSE:BSM) Now Covered by StockNews.comMay 13, 2023 | americanbankingnews.comBlack Stone Minerals (NYSE:BSM) Shares Gap Down to $15.90May 12, 2023 | seekingalpha.comBlack Stone Minerals: Lowering To 'Hold' After Q1 ResultsJune 9, 2023 | Chaikin Analytics (Ad)Wall Street Legend Warns "Mass Bank Run" is ComingMan who predicted 2023 bank run warns it could soon get worse. Get out of cash and into a new vehicle 50 years in the making. Click here to learn more.May 11, 2023 | markets.businessinsider.comJonesTrading Sticks to Its Buy Rating for Black Stone Minerals (BSM)May 11, 2023 | finance.yahoo.comInsiders Load Up on These 2 Dividend Stocks With Impressive Yields of 8% or MoreMay 11, 2023 | americanbankingnews.comInsider Buying: Black Stone Minerals, L.P. (NYSE:BSM) CEO Purchases $493,854.00 in StockMay 7, 2023 | americanbankingnews.comBlack Stone Minerals, L.P. (NYSE:BSM) Receives Average Rating of "Moderate Buy" from AnalystsMay 6, 2023 | americanbankingnews.comBlack Stone Minerals, L.P. (NYSE:BSM) SVP Luke Stevens Putman Sells 100,000 SharesMay 6, 2023 | americanbankingnews.comStockNews.com Lowers Black Stone Minerals (NYSE:BSM) to HoldMay 5, 2023 | americanbankingnews.comFY2023 Earnings Forecast for Black Stone Minerals, L.P. Issued By KeyCorp (NYSE:BSM)May 4, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for Black Stone Minerals, L.P. Decreased by Analyst (NYSE:BSM)May 3, 2023 | finance.yahoo.comQ1 2023 Black Stone Minerals LP Earnings CallMay 2, 2023 | seekingalpha.comBlack Stone Minerals GAAP EPS of $0.60 beats by $0.15, revenue of $174.58M beats by $30.44MApril 29, 2023 | americanbankingnews.comBlack Stone Minerals (BSM) Set to Announce Quarterly Earnings on MondayApril 28, 2023 | msn.comEarnings Preview: Black Stone MineralsApril 27, 2023 | msn.comUnusual Call Option Trade in Black Stone Minerals L.P. - Unit (BSM) Worth $14.04KApril 24, 2023 | americanbankingnews.comRaymond James Boosts Black Stone Minerals (NYSE:BSM) Price Target to $21.00April 21, 2023 | msn.comBlack Stone Minerals L.P. - Unit (BSM) Declares $0.48 DividendApril 21, 2023 | msn.comRaymond James Maintains Black Stone Minerals L.P. - Unit (BSM) Outperform RecommendationApril 20, 2023 | msn.comPiper Sandler Maintains Black Stone Minerals L.P. - Unit (BSM) Neutral RecommendationApril 20, 2023 | americanbankingnews.comBlack Stone Minerals (NYSE:BSM) Given New $16.00 Price Target at Piper SandlerSee More Headlines BSM Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BSM Company Calendar Last Earnings5/01/2023Ex-Dividend for 5/19 Dividend5/11/2023Dividend Payable5/19/2023Today6/09/2023Next Earnings (Estimated)8/07/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Crude petroleum & natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:BSM CUSIPN/A CIK1621434 Webwww.blackstoneminerals.com Phone(713) 445-3200Fax713-658-0943Employees2,020Year FoundedN/APrice Target and Rating Average Stock Price Forecast$19.00 High Stock Price Forecast$21.00 Low Stock Price Forecast$15.00 Forecasted Upside/Downside+17.8%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.76 Trailing P/E Ratio5.84 Forward P/E Ratio8.86 P/E GrowthN/ANet Income$476.48 million Net Margins77.07% Pretax Margin77.07% Return on Equity54.18% Return on Assets36.42% Debt Debt-to-Equity RatioN/A Current Ratio14.38 Quick Ratio14.38 Sales & Book Value Annual Sales$663.60 million Price / Sales5.10 Cash Flow$2.60 per share Price / Cash Flow6.21 Book Value$4.35 per share Price / Book3.71Miscellaneous Outstanding Shares209,970,000Free Float165,664,000Market Cap$3.39 billion OptionableOptionable Beta1.04 Key ExecutivesThomas L. CarterChairman, President & Chief Executive OfficerEvan M. KieferCFO, Treasurer & Vice President-Investor RelationsGarrett GremillionVice President-Engineering & GeologyJohn GearingVice President-Information TechnologySteve PutmanSecretary, Senior Vice President & General CounselKey CompetitorsSM EnergyNYSE:SMEnerplusNYSE:ERFKosmos EnergyNYSE:KOSCrescent Point EnergyNYSE:CPGCalifornia ResourcesNYSE:CRCView All CompetitorsInsiders & InstitutionsMacquarie Group Ltd.Sold 19,638 shares on 6/1/2023Ownership: 0.077%ORG Partners LLCBought 13,900 shares on 6/1/2023Ownership: 0.007%JPMorgan Chase & Co.Sold 1,025,930 shares on 5/18/2023Ownership: 0.060%Sunbelt Securities Inc.Bought 20,800 shares on 5/17/2023Ownership: 0.010%Jane Street Group LLCBought 900 shares on 5/16/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions BSM Stock - Frequently Asked Questions Should I buy or sell Black Stone Minerals stock right now? 3 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 and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BSM shares. View BSM analyst ratings or view top-rated stocks. What is Black Stone Minerals' stock price forecast for 2023? 3 Wall Street analysts have issued 12-month target prices for Black Stone Minerals' shares. Their BSM share price forecasts range from $15.00 to $21.00. On average, they predict the company's stock price to reach $19.00 in the next year. This suggests a possible upside of 17.7% from the stock's current price. View analysts price targets for BSM or view top-rated stocks among Wall Street analysts. How have BSM shares performed in 2023? Black Stone Minerals' stock was trading at $16.87 at the start of the year. Since then, BSM stock has decreased by 4.3% and is now trading at $16.14. View the best growth stocks for 2023 here. Are investors shorting Black Stone Minerals? Black Stone Minerals saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 2,300,000 shares, an increase of 23.0% from the April 30th total of 1,870,000 shares. Based on an average daily volume of 589,700 shares, the short-interest ratio is currently 3.9 days. Currently, 1.4% of the company's shares are sold short. View Black Stone Minerals' Short Interest. When is Black Stone Minerals' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 7th 2023. View our BSM earnings forecast. How were Black Stone Minerals' earnings last quarter? Black Stone Minerals, L.P. (NYSE:BSM) announced its quarterly earnings results on Monday, May, 1st. The oil and gas producer reported $0.46 earnings per share for the quarter, hitting the consensus estimate of $0.46. The oil and gas producer earned $174.58 million during the quarter, compared to analysts' expectations of $138.68 million. Black Stone Minerals had a net margin of 77.07% and a trailing twelve-month return on equity of 54.18%. How often does Black Stone Minerals pay dividends? What is the dividend yield for Black Stone Minerals? Black Stone Minerals announced a quarterly dividend on Wednesday, April 19th. Shareholders of record on Friday, May 12th will be paid a dividend of $0.475 per share on Friday, May 19th. This represents a $1.90 dividend on an annualized basis and a dividend yield of 11.77%. The ex-dividend date of this dividend is Thursday, May 11th. Read our dividend analysis for BSM. What ETFs hold Black Stone Minerals' stock? ETFs with the largest weight of Black Stone Minerals (NYSE:BSM) stock in their portfolio include Invesco Zacks Multi-Asset Income ETF (CVY), First Trust Multi-Asset Diversified Income Index Fund (MDIV), RH Hedged Multi-Asset Income ETF (AMAX), Arrow Dow Jones Global Yield ETF (GYLD) and Distillate Small/Mid Cash Flow ETF (DSMC).Barrons 400 ETF (BFOR) and Is Black Stone Minerals a good dividend stock? Black Stone Minerals (NYSE:BSM) pays an annual dividend of $1.90 per share and currently has a dividend yield of 11.64%. BSM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 68.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, BSM will have a dividend payout ratio of 123.38% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for BSM. What is Thomas L. Carter, Jr.'s approval rating as Black Stone Minerals' CEO? 2 employees have rated Black Stone Minerals Chief Executive Officer Thomas L. Carter, Jr. on Glassdoor.com. Thomas L. Carter, Jr. has an approval rating of 100% among the company's employees. This puts Thomas L. Carter, Jr. in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 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 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. 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 many different retail and institutional investors. Top institutional investors include William Marsh Rice University (2.70%), CIBC Private Wealth Group LLC (0.76%), Penn Davis Mcfarland Inc. (0.74%), Investment Management Associates Inc. ADV (0.49%), Bank of America Corp DE (0.33%) and Fayez Sarofim & Co (0.23%). Insiders that own company stock include D Mark Dewalch, Dawn Smajstrla, Jeffrey P Wood, Luke Stevens Putman and Thomas L Carter Jr. View institutional ownership trends. How do I buy shares of Black Stone Minerals? Shares of BSM stock 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 $16.14. How much money does Black Stone Minerals make? Black Stone Minerals (NYSE:BSM) has a market capitalization of $3.39 billion and generates $663.60 million in revenue each year. The oil and gas producer earns $476.48 million in net income (profit) each year or $2.76 on an earnings per share basis. How many employees does Black Stone Minerals have? The company employs 2,020 workers across the globe. How can I contact Black Stone Minerals? Black Stone Minerals' mailing address is 1001 FANNIN STREET SUITE 2020, HOUSTON TX, 77002. The official website for the company is www.blackstoneminerals.com. The oil and gas producer can be reached via phone at (713) 445-3200, via email at investorrelations@blackstoneminerals.com, or via fax at 713-658-0943. This page (NYSE:BSM) was last updated on 6/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Black Stone Minerals, L.P. Please log in to your account or sign up in order to add this asset to your watchlist. 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