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. Investors 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 annualized dividend and a yield of 6.88%. The ex-dividend date of this dividend is Wednesday, May 16th. This is a positive change from Black Stone Minerals's previous quarterly dividend of $0.31. View Black Stone Minerals' Dividend History.

Black Stone Minerals (NYSE:BSM) issued its earnings results on Monday, May, 7th. The oil and gas producer reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.23. The oil and gas producer earned $114.49 million during the quarter, compared to analyst estimates of $106 million. Black Stone Minerals had a return on equity of 11.19% and a net margin of 20.78%. View Black Stone Minerals' Earnings History.

5 brokerages have issued 12 month price objectives for Black Stone Minerals' stock. Their forecasts range from $18.00 to $20.00. On average, they expect Black Stone Minerals' stock price to reach $19.40 in the next twelve months. View Analyst Ratings for Black Stone Minerals.

Some companies that are related to Black Stone Minerals include RWE (RWEOY), EQT (EQT), Toray Industries (TRYIY), Cenovus Energy (CVE), Diamondback Energy (FANG), Encana (ECA), Cabot Oil & Gas (COG), Parsley Energy (PE), Cimarex Energy (XEC), RSP Permian (RSPP), WPX Energy (WPX), Energen (EGN), Antero Resources (AR), Newfield Exploration (NFX) and Murphy Oil (MUR).

(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.

News stories about BSM stock have been trending positive this week, Accern reports. The research firm ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Black Stone Minerals earned a media sentiment score of 0.29 on Accern's scale. They also assigned headlines about the oil and gas producer an impact score of 47.04 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Black Stone Minerals' stock is owned by many different of institutional and retail investors. Top institutional investors include CI Global Investments Inc. (2.21%), Evergreen Capital Management LLC (0.30%), Sentry Investments Corp. (0.28%), Yost Capital Management L.L.C. (0.09%), Van ECK Associates Corp (0.08%) and Dumac Inc. (0.07%). 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 sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Evergreen Capital Management LLC, Dumac Inc., Sumitomo Mitsui Trust Holdings Inc., Freestone Capital Holdings LLC, UBS Group AG and Barclays PLC. Company insiders that have sold Black Stone Minerals company stock in the last year include Brock Morris, Dawn Smajstrla, Jeffrey P Wood and Luke Stevens Putman. View Insider Buying and Selling for Black Stone Minerals.

BSM stock was bought by a variety of institutional investors in the last quarter, including CI Global Investments Inc., Adviser Investments LLC, Sentry Investments Corp., Van ECK Associates Corp, Wells Fargo & Company MN, Cullen Frost Bankers Inc., Royal Bank of Canada and Rockefeller Capital Management L.P.. 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 $18.21.

Black Stone Minerals has a market capitalization of $3.73 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]