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 declared a quarterly dividend on Monday, May 7th. Stockholders of record on Thursday, May 17th will be given a dividend of $0.313 per share on Thursday, May 24th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 7.22%. The ex-dividend date of this dividend is Wednesday, May 16th. This is a boost from Black Stone Minerals's previous quarterly dividend of $0.31. View Black Stone Minerals' Dividend History.

Black Stone Minerals LP (NYSE:BSM) posted its earnings results on Monday, May, 7th. The oil and gas producer reported $0.41 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.18 by $0.23. The oil and gas producer had revenue of $114.49 million for the quarter, compared to the consensus estimate 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 Wall Street analysts have issued 1-year price targets for Black Stone Minerals' shares. Their forecasts 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 11.9% 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), TORAY INDUSTRIE/ADR (TRYIY), Encana (ECA), Cenovus Energy (CVE), 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 $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.

Press coverage about BSM stock has trended somewhat positive recently, Accern reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Black Stone Minerals earned a coverage optimism score of 0.15 on Accern's scale. They also gave press coverage about the oil and gas producer an impact score of 45.89 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Black Stone Minerals' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.06%) and Penn Davis Mcfarland Inc. (0.01%). 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 purchased by a variety of institutional investors in the last quarter, including Penn Davis Mcfarland Inc. and 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 $17.33.

Black Stone Minerals has a market capitalization of $3.49 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]