NYSE:BSM Black Stone Minerals Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Black Stone Minerals LP Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $5.95 -0.05 (-0.83 %) (As of 09/23/2020 11:32 AM ET) Add Compare Share Today's Range$5.95Now: $5.95▼$6.0450-Day Range$6.05MA: $6.84▼$7.5452-Week Range$4.04Now: $5.95▼$14.54Volume4,361 shsAverage Volume482,434 shsMarket Capitalization$1.23 billionP/E Ratio7.83Dividend Yield9.92%Beta1.5 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Black Stone Minerals, L.P. owns and manages oil and natural gas mineral interests in the United States. The company owns mineral interests in approximately 16.8 million acres, nonparticipating royalty interests in 1.9 million acres, and overriding royalty interests in 2.1 million acres located in 41 states and 64 onshore basins in the continental United States. As of December 31, 2018, the company had a total estimated proved oil and natural gas reserves of 69,904 barrels of oil equivalent. Black Stone Minerals, L.P. was founded in 1876 and is based in Houston, Texas.Read More Beat the Market (BTM) Rank™ 3.2 Analyst's Opinion Consensus RatingBlack Stone Minerals has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 3 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $11.63, Black Stone Minerals has a forecasted upside of 95.4% from its current price of $5.95.Amount of Analyst CoverageBlack Stone Minerals has only been the subject of 1 research reports in the past 90 days. Previous Next 2.3 Community Rank Outperform VotesBlack Stone Minerals has received 254 “outperform” votes. (Add your “outperform” vote.)Underperform VotesBlack Stone Minerals has received 300 “underperform” votes. (Add your “underperform” vote.)Community SentimentBlack Stone Minerals has received 54.15% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Black Stone Minerals and other stocks. Vote “Outperform” if you believe BSM will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BSM will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 2.5 Dividend Strength Dividend LeadershipBlack Stone Minerals is a leading dividend payer. It pays a dividend yield of 9.92%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBlack Stone Minerals has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Black Stone Minerals is 51.72%. 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 139.53% in the coming year. This indicates that Black Stone Minerals may not be able to sustain their current dividend. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Black Stone Minerals insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 24.60% of the stock of Black Stone Minerals is held by insiders.Percentage Held by InstitutionsOnly 22.47% 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 -29.51% in the coming year, from $0.61 to $0.43 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Black Stone Minerals is 7.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.32.Price to Earnings Ratio vs. SectorThe P/E ratio of Black Stone Minerals is 7.83, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.97.Price to Book Value per Share RatioBlack Stone Minerals has a P/B Ratio of 1.53. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.2Community Rank: 2.3Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.85 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Crude petroleum & natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:BSM Previous Symbol CUSIPN/A CIK1621434 Webwww.blackstoneminerals.com Phone713-445-3200Debt Debt-to-Equity Ratio0.42 Current Ratio14.61 Quick Ratio14.61Price-To-Earnings Trailing P/E Ratio7.83 Forward P/E Ratio9.75 P/E GrowthN/A Sales & Book Value Annual Sales$487.82 million Price / Sales2.52 Cash Flow$1.62 per share Price / Cash Flow3.67 Book Value$3.88 per share Price / Book1.53Profitability EPS (Most Recent Fiscal Year)$1.16 Net Income$214.37 million Net Margins36.26% Return on Equity22.91% Return on Assets12.07%Miscellaneous EmployeesN/A Outstanding Shares206,738,000Market Cap$1.23 billion Next Earnings Date11/2/2020 (Estimated) OptionableOptionable $5.95 -0.05 (-0.83 %) (As of 09/23/2020 11:32 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive BSM News and Ratings via Email Sign-up to receive the latest news and ratings for BSM and its competitors with MarketBeat's FREE daily newsletter. Black Stone Minerals (NYSE:BSM) Frequently Asked Questions How has Black Stone Minerals' stock been impacted by Coronavirus? Black Stone Minerals' stock was trading at $6.49 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, BSM shares have decreased by 8.3% and is now trading at $5.95. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Black Stone Minerals? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Black Stone Minerals in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Black Stone Minerals. When is Black Stone Minerals' next earnings date? Black Stone Minerals is scheduled to release its next quarterly earnings announcement on Monday, November 2nd 2020. View our earnings forecast for Black Stone Minerals. How were Black Stone Minerals' earnings last quarter? Black Stone Minerals LP (NYSE:BSM) posted its quarterly earnings data on Monday, August, 3rd. The oil and gas producer reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by $0.24. The oil and gas producer had revenue of $38.53 million for the quarter, compared to the consensus estimate of $80.96 million. Black Stone Minerals had a return on equity of 22.91% and a net margin of 36.26%. View Black Stone Minerals' earnings history. 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 Monday, July 27th. Shareholders of record on Friday, August 14th will be given a dividend of $0.15 per share on Friday, August 21st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 10.08%. The ex-dividend date of this dividend is Thursday, August 13th. This is an increase from Black Stone Minerals's previous quarterly dividend of $0.08. View Black Stone Minerals' dividend history. What price target have analysts set for BSM? 8 equities research analysts have issued 12 month price objectives for Black Stone Minerals' shares. Their forecasts range from $6.50 to $19.00. On average, they expect Black Stone Minerals' stock price to reach $11.63 in the next twelve months. This suggests a possible upside of 95.4% from the stock's current price. View analysts' price targets for Black Stone Minerals. Are investors shorting Black Stone Minerals? Black Stone Minerals saw a increase in short interest in the month of August. As of August 14th, there was short interest totaling 942,800 shares, an increase of 28.0% from the July 30th total of 736,600 shares. Based on an average daily trading volume, of 429,600 shares, the short-interest ratio is currently 2.2 days. View Black Stone Minerals' Short Interest. Who are some of Black Stone Minerals' key competitors? Some companies that are related to Black Stone Minerals include Cenovus Energy (CVE), Continental Resources (CLR), Sasol (SSL), Apache (APA), Apache (APA), Noble Energy (NBL), Noble Energy (NBL), Parsley Energy (PE), EQT (EQT), Marathon Oil (MRO), Devon Energy (DVN), WPX Energy (WPX), Cimarex Energy (XEC), Ovintiv (OVV) and CNX Resources (CNX). View all competitors. 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 LP Unit (ET), Ares Capital (ARCC), Alibaba Group (BABA), NVIDIA (NVDA), General Electric (GE), Baidu (BIDU), Mplx (MPLX) and USA Compression Partners (USAC). Who are Black Stone Minerals' key executives? Black Stone Minerals' management team includes the following people: Mr. Thomas L. Carter Jr., Chairman & CEO of Black Stone Minerals GP L.L.C (Age 67)Mr. Jeffrey P. Wood, Pres & CFO of Black Stone Minerals GP LLC (Age 48)Mr. Steve Putman, Sr. VP, Gen. Counsel & Sec. of Black Stone Minerals GP LLC (Age 44)Mr. Holbrook F. Dorn, Sr. VP of Bus. Devel. - Black Stone Minerals GP, L.L.C. (Age 42)Mr. Brock E. Morris, Sr. VP of Engineering & Geology for Black Stone Minerals GP LLC (Age 55) When did Black Stone Minerals IPO? (BSM) raised $450 million in an initial public offering 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. 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 a number of retail and institutional investors. Top institutional investors include First Trust Advisors LP (0.37%), Bank of Montreal Can (0.27%), Gruss & Co. LLC (0.26%), CIBC Private Wealth Group LLC (0.23%), Wade G W & Inc. (0.22%) and Cambridge Investment Research Advisors Inc. (0.18%). 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. Which major investors are selling Black Stone Minerals stock? BSM stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Cullen Frost Bankers Inc., Skandinaviska Enskilda Banken AB publ, Stifel Financial Corp, UBS Group AG, Bank of America Corp DE, Malaga Cove Capital LLC, and FMR LLC. 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. Which major investors are buying Black Stone Minerals stock? BSM stock was acquired by a variety of institutional investors in the last quarter, including Wade G W & Inc., CIBC Private Wealth Group LLC, First Trust Advisors LP, Sumitomo Mitsui Trust Holdings Inc., California Public Employees Retirement System, Gruss & Co. LLC, Marshall Wace LLP, and Tri Star Advisors Inc.. Company insiders that have bought Black Stone Minerals stock in the last two years include (Rick) Anthon Richard, D Mark Dewalch, Marvin Jeffrey, Thomas L Carter Jr, and William N Mathis. View insider buying and selling activity for Black Stone Minerals. How do I buy shares of 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. What is Black Stone Minerals' stock price today? One share of BSM stock can currently be purchased for approximately $5.95. How big of a company is Black Stone Minerals? Black Stone Minerals has a market capitalization of $1.23 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. What is Black Stone Minerals' official website? The official website for Black Stone Minerals is www.blackstoneminerals.com. How can I contact Black Stone Minerals? 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] This page was last updated on 9/23/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
