NYSE:BSM - Black Stone Minerals Stock Price, Forecast & News

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

Black Stone Minerals declared a quarterly dividend on Wednesday, February 5th. Investors of record on Monday, February 17th will be given a dividend of $0.30 per share on Monday, February 24th. This represents a $1.20 dividend on an annualized basis and a yield of 13.13%. The ex-dividend date is Thursday, February 13th. View Black Stone Minerals' Dividend History.

Black Stone Minerals LP (NYSE:BSM) posted its quarterly earnings data on Monday, February, 24th. The oil and gas producer reported $0.17 EPS for the quarter, missing the consensus estimate of $0.26 by $0.09. The oil and gas producer had revenue of $103.03 million for the quarter, compared to the consensus estimate of $124.20 million. Black Stone Minerals had a return on equity of 32.46% and a net margin of 48.19%. View Black Stone Minerals' Earnings History.

Black Stone Minerals is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Black Stone Minerals.

8 brokers have issued 12-month price objectives for Black Stone Minerals' shares. Their forecasts range from $11.50 to $22.00. On average, they anticipate Black Stone Minerals' stock price to reach $15.19 in the next twelve months. This suggests a possible upside of 66.2% from the stock's current price. View Analyst Price Targets for 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.

News articles about BSM stock have been trending neutral this week, according to InfoTrie. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Black Stone Minerals earned a news impact score of 0.0 on InfoTrie's scale. They also assigned press coverage about the oil and gas producer a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Black Stone Minerals.

Some companies that are related to Black Stone Minerals include Devon Energy (DVN), Marathon Oil (MRO), Cabot Oil & Gas (COG), Parsley Energy (PE), WPX Energy (WPX), Cimarex Energy (XEC), Ovintiv (OVV), Murphy Oil (MUR), Viper Energy Partners (VNOM), Magnolia Oil & Gas (MGY), Vermilion Energy (VET), Kosmos Energy (KOS), Jagged Peak Energy (JAG), ARC Resources (AETUF) and Crescent Point Energy (CPG).

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), Alibaba Group (BABA), Verizon Communications (VZ), NVIDIA (NVDA), IBM (IBM), Mplx (MPLX), General Electric (GE) 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 $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.

Black Stone Minerals' stock is owned by a number of of retail and institutional investors. Top institutional investors include CI Investments Inc. (4.09%), Mayo Clinic (2.77%), FMR LLC (0.71%), Goldman Sachs Group Inc. (0.50%), Bank of Montreal Can (0.33%) and First Trust Advisors LP (0.28%). Company insiders that own Black Stone Minerals stock include (Rick) Anthon Richard, Alexander D Stuart, 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., Goldman Sachs Group Inc., Jane Street Group LLC, Mcdaniel Terry & Co., Spirit of America Management Corp NY, Bank of America Corp DE, Private Wealth Partners LLC and Cullen Frost Bankers Inc.. Company insiders that have sold Black Stone Minerals company stock in the last year include Brock Morris, Dawn Smajstrla, Holbrook F Dorn, Luke Stevens Putman and William N Mathis. View Insider Buying and Selling for Black Stone Minerals.

BSM stock was acquired by a variety of institutional investors in the last quarter, including Mayo Clinic, Bank of Montreal Can, ING Groep NV, Skandinaviska Enskilda Banken AB publ , First Trust Advisors LP, Kempner Capital Management Inc., Sumitomo Mitsui Trust Holdings Inc. and Virtus ETF Advisers LLC. Company insiders that have bought Black Stone Minerals stock in the last two years include (Rick) Anthon Richard, Alexander D Stuart, D Mark Dewalch, Marvin Jeffrey, Thomas L Carter Jr and William N Mathis. 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, Robinhood, Fidelity and Charles Schwab.

One share of BSM stock can currently be purchased for approximately $9.14.

Black Stone Minerals has a market capitalization of $1.88 billion and generates $609.57 million in revenue each year. The oil and gas producer earns $295.54 million in net income (profit) each year or $1.45 on an earnings per share basis. View Additional Information About Black Stone Minerals.

The official website for Black Stone Minerals is http://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]