Black Stone Minerals Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Black Stone Minerals in the last twelve months. There are currently 1 hold rating, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Black Stone Minerals stock.
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Black Stone Minerals saw a increase in short interest in 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 daily volume of 641,700 shares, the days-to-cover ratio is presently 2.6 days.
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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.

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 (EPS) for the quarter, missing the consensus estimate of $0.19 by $0.07. Black Stone Minerals had a trailing twelve-month return on equity of 16.85% and a net margin of 31.42%.
View Black Stone Minerals' earnings history.

Black Stone Minerals' stock was trading at $6.49 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, BSM shares have increased by 43.6% and is now trading at $9.32.
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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 annualized dividend and a dividend yield of 7.51%. The ex-dividend date of this dividend 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.

Black Stone Minerals pays an annual dividend of $0.70 per share and currently has a dividend yield of 7.06%. 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.

4 analysts have issued 12-month price objectives for Black Stone Minerals' shares. Their forecasts range from $8.00 to $13.00. On average, they expect Black Stone Minerals' stock price to reach $10.50 in the next twelve months. This suggests a possible upside of 12.7% from the stock's current price.
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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.

Some companies that are related to Black Stone Minerals include Sasol (SSL), Apache (APA), Cabot Oil & Gas (COG), Cimarex Energy (XEC), Ovintiv (OVV), EQT (EQT), PDC Energy (PDCE), Magnolia Oil & Gas (MGY), CNX Resources (CNX), Antero Resources (AR), Range Resources (RRC), Viper Energy Partners (VNOM), Murphy Oil (MUR), Southwestern Energy (SWN) and Matador Resources (MTDR).
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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).

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

Black Stone Minerals' stock is owned by a variety of retail and institutional 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.

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.
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BSM stock was bought 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.

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.
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One share of BSM stock can currently be purchased for approximately $9.32.

Black Stone Minerals has a market capitalization of $2.06 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.

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

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

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]