Black Stone Minerals Stock Forecast, Price & News

Black Stone Minerals' stock was trading at $6.49 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, BSM stock has increased by 13.4% and is now trading at $7.36.
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7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Black Stone Minerals in the last year. There are currently 4 hold ratings, 2 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Black Stone Minerals.

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Black Stone Minerals is scheduled to release its next quarterly earnings announcement on Monday, February 22nd 2021.
View our earnings forecast for Black Stone Minerals.

Black Stone Minerals, L.P. (NYSE:BSM) posted its earnings results on Saturday, November, 7th. The oil and gas producer reported ($0.03) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.17 by $0.20. Black Stone Minerals had a return on equity of 16.85% and a net margin of 31.42%.
View Black Stone Minerals' earnings history.

Black Stone Minerals announced a quarterly dividend on Friday, October 23rd. Stockholders of record on Friday, November 13th will be given a dividend of $0.15 per share on Friday, November 20th. This represents a $0.60 annualized dividend and a dividend yield of 8.15%. The ex-dividend date is Thursday, November 12th.
View Black Stone Minerals' dividend history.

7 analysts have issued 1-year target prices for Black Stone Minerals' stock. Their forecasts range from $6.50 to $14.00. On average, they expect Black Stone Minerals' share price to reach $10.57 in the next year. This suggests a possible upside of 43.6% from the stock's current price.
View analysts' price targets for Black Stone Minerals.

Black Stone Minerals saw a increase in short interest in the month of October. As of October 15th, there was short interest totaling 992,000 shares, an increase of 11.5% from the September 30th total of 889,900 shares. Based on an average trading volume of 408,100 shares, the short-interest ratio is presently 2.4 days.
View Black Stone Minerals' Short Interest.

Some companies that are related to Black Stone Minerals include Cenovus Energy (CVE), Continental Resources (CLR), Devon Energy (DVN), Parsley Energy (PE), Sasol (SSL), Apache (APA), Apache (APA), Marathon Oil (MRO), WPX Energy (WPX), EQT (EQT), Cimarex Energy (XEC), Ovintiv (OVV), CNX Resources (CNX), Range Resources (RRC) and Southwestern Energy (SWN).
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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 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.

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

Black Stone Minerals' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Mayo Clinic (2.77%), Morgan Stanley (1.73%), CI Investments Inc. (1.22%), CIBC Private Wealth Group LLC (0.49%), JPMorgan Chase & Co. (0.39%) and First Trust Advisors LP (0.27%). Company insiders that own Black Stone Minerals stock include (Rick) Anthon Richard, 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 CI Investments Inc., First Trust Advisors LP, Ascension Capital Advisors Inc., Malaga Cove Capital LLC, Virtus ETF Advisers LLC, Guggenheim Capital LLC, Raymond James & Associates, and Cullen Frost Bankers Inc.. Company insiders that have sold Black Stone Minerals company stock in the last year include Dawn Smajstrla, and Luke Stevens Putman.
View insider buying and selling activity for Black Stone Minerals.

BSM stock was purchased by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, JPMorgan Chase & Co., Morgan Stanley, Arrowstreet Capital Limited Partnership, Wells Fargo & Company MN, Clear Harbor Asset Management LLC, Freestone Capital Holdings LLC, and Envestnet Asset Management Inc.. Company insiders that have bought Black Stone Minerals stock in the last two years include (Rick) Anthon Richard, D Mark Dewalch, Marvin Jeffrey, and Thomas L Carter Jr.
View insider buying and selling activity 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 $7.36.

Black Stone Minerals has a market capitalization of $1.63 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' 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]