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S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
Copper Exploration Heating Up (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
Are the Short Sellers Still Right About Mullen Automotive stock? 
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
La-Z-Boy Reclines To More Comfortable Levels 
Is The Recovery Rally Here For SoFi?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
Copper Exploration Heating Up (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
Are the Short Sellers Still Right About Mullen Automotive stock? 
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
La-Z-Boy Reclines To More Comfortable Levels 
Is The Recovery Rally Here For SoFi?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
S&P 500   4,076.57
DOW   34,395.01
QQQ   293.72
Is Apple Going To Rally Into Year End?
Copper Exploration Heating Up (Ad)
25 Ways to Improve Your Financial Situation in 1 Hour
Are the Short Sellers Still Right About Mullen Automotive stock? 
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
La-Z-Boy Reclines To More Comfortable Levels 
Is The Recovery Rally Here For SoFi?
YIKES! 220 Pounds of Graphite in Each EV Battery? (Ad)
Biden administration presses senators to avert rail strike
Trump Org. defense lawyer scolded for using struck testimony
NYSE:BSM

Black Stone Minerals - BSM Stock Forecast, Price & News

$18.45
-0.30 (-1.60%)
(As of 12/1/2022 12:00 AM ET)
Add
Compare
Today's Range
$18.35
$19.16
50-Day Range
$14.85
$19.78
52-Week Range
$9.70
$20.24
Volume
723,564 shs
Average Volume
670,161 shs
Market Capitalization
$3.86 billion
P/E Ratio
9.81
Dividend Yield
9.60%
Price Target
$20.50

Black Stone Minerals MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
11.1% Upside
$20.50 Price Target
Short Interest
Healthy
1.09% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$1.30 M Bought Last Quarter
Proj. Earnings Growth
31.55%
From $1.68 to $2.21 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.60 out of 5 stars

Oils/Energy Sector

111th out of 247 stocks

Crude Petroleum & Natural Gas Industry

45th out of 82 stocks

BSM stock logo

About Black Stone Minerals (NYSE:BSM) Stock

Black Stone Minerals, L.P., together with its subsidiaries, owns and manages oil and natural gas mineral interests. It owns mineral interests in approximately 16.8 million gross acres, nonparticipating royalty interests in 1.8 million gross acres, and overriding royalty interests in 1.7 million gross acres located in 41 states in the United States. As of December 31, 2021, the company had a total estimated proved oil and natural gas reserves of 59,824 barrels of oil equivalent. Black Stone Minerals, L.P. was founded in 1876 and is based in Houston, Texas.

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BSM Stock News Headlines

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Black Stone Minerals Stock Earns Composite Rating Upgrade
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BSM Company Calendar

Last Earnings
11/01/2021
Ex-Dividend for 11/17 Dividend
11/09/2022
Dividend Payable
11/17/2022
Today
12/02/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/20/2023

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Employees
2,020
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$20.50
High Stock Price Forecast
$22.00
Low Stock Price Forecast
$19.00
Forecasted Upside/Downside
+11.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$181.99 million
Pretax Margin
69.77%

Debt

Sales & Book Value

Annual Sales
$359.26 million
Cash Flow
$1.34 per share
Book Value
$3.93 per share

Miscellaneous

Free Float
165,222,000
Market Cap
$3.86 billion
Optionable
Optionable
Beta
1.05

Key Executives

  • Mr. Thomas L. Carter Jr. (Age 70)
    Chairman & CEO of Black Stone Minerals GP L.L.C
    Comp: $1.49M
  • Mr. Jeffrey P. WoodMr. Jeffrey P. Wood (Age 51)
    Pres & CFO of Black Stone Minerals GP LLC
    Comp: $1.09M
  • Ms. Dawn K. SmajstrlaMs. Dawn K. Smajstrla (Age 51)
    Chief Accounting Officer & VP of Black Stone Minerals GP LLC
    Comp: $559.55k
  • Mr. L. Steve Putman J.D. (Age 47)
    Sr. VP, Gen. Counsel & Sec. of Black Stone Minerals GP LLC
    Comp: $854k
  • Ms. Carrie P. Clark (Age 45)
    Sr. VP of Land & Commercial of Black Stone Minerals GP L.L.C
    Comp: $555.95k
  • Mr. Evan Kiefer
    VP of Fin. & Investor Relations
  • Ms. Kristin Wiggs
    VP of HR
  • Mr. Garrett Gremillion
    VP of Engineering & Geology
  • Mr. Thad Montgomery
    VP of Land
  • Mr. R. Marc Carroll (Age 52)
    Consultant of Black Stone Minerals Gp L.L.C













BSM Stock - Frequently Asked Questions

Should I buy or sell Black Stone Minerals stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Black Stone Minerals in the last year. There are currently 1 hold rating, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BSM shares.
View BSM analyst ratings
or view top-rated stocks.

What is Black Stone Minerals' stock price forecast for 2023?

4 equities research analysts have issued 1 year target prices for Black Stone Minerals' stock. Their BSM share price forecasts range from $19.00 to $22.00. On average, they predict the company's share price to reach $20.50 in the next twelve months. This suggests a possible upside of 11.1% from the stock's current price.
View analysts price targets for BSM
or view top-rated stocks among Wall Street analysts.

How have BSM shares performed in 2022?

Black Stone Minerals' stock was trading at $10.33 at the start of the year. Since then, BSM shares have increased by 78.6% and is now trading at $18.45.
View the best growth stocks for 2022 here
.

Are investors shorting Black Stone Minerals?

Black Stone Minerals saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 1,860,000 shares, an increase of 10.1% from the October 31st total of 1,690,000 shares. Based on an average daily volume of 688,500 shares, the short-interest ratio is presently 2.7 days. Currently, 1.1% of the company's stock are sold short.
View Black Stone Minerals' Short Interest
.

When is Black Stone Minerals' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, February 20th 2023.
View our BSM earnings forecast
.

How were Black Stone Minerals' earnings last quarter?

Black Stone Minerals, L.P. (NYSE:BSM) released its quarterly earnings data on Monday, November, 1st. The oil and gas producer reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by $0.10. The oil and gas producer had revenue of $59.83 million for the quarter, compared to the consensus estimate of $85.22 million. Black Stone Minerals had a trailing twelve-month return on equity of 45.85% and a net margin of 69.77%. The firm's revenue for the quarter was up 36.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.09 EPS.

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 Wednesday, October 19th. Investors of record on Thursday, November 10th will be given a dividend of $0.45 per share on Thursday, November 17th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 9.76%. The ex-dividend date of this dividend is Wednesday, November 9th. This is an increase from the stock's previous quarterly dividend of $0.42.
Read our dividend analysis for BSM
.

Is Black Stone Minerals a good dividend stock?

Black Stone Minerals (NYSE:BSM) pays an annual dividend of $1.80 per share and currently has a dividend yield of 9.60%. BSM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 95.75%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, BSM will have a dividend payout ratio of 81.45% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for BSM.

What is Thomas L. Carter, Jr.'s approval rating as Black Stone Minerals' CEO?

2 employees have rated Black Stone Minerals Chief Executive Officer Thomas L. Carter, Jr. on Glassdoor.com. Thomas L. Carter, Jr. has an approval rating of 100% among the company's employees. This puts Thomas L. Carter, Jr. in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

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 (ET), Ares Capital (ARCC), Alibaba Group (BABA), NVIDIA (NVDA), General Electric (GE), Baidu (BIDU), Mplx (MPLX) and USA Compression Partners (USAC).

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 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.

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 many different institutional and retail investors. Top institutional investors include UBS Group AG (1.61%), Penn Davis Mcfarland Inc. (0.70%), CIBC Private Wealth Group LLC (0.65%), Brown Advisory Inc. (0.47%), Investment Management Associates Inc. ADV (0.32%) and Spirit of America Management Corp NY (0.21%). Insiders that own company stock include Dawn Smajstrla, Jeffrey P Wood, Luke Stevens Putman and Thomas L Carter Jr.
View institutional ownership trends
.

How do I buy shares of Black Stone Minerals?

Shares of BSM stock 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.
Compare Top Brokerages Here.

What is Black Stone Minerals' stock price today?

One share of BSM stock can currently be purchased for approximately $18.45.

How much money does Black Stone Minerals make?

Black Stone Minerals (NYSE:BSM) has a market capitalization of $3.86 billion and generates $359.26 million in revenue each year. The oil and gas producer earns $181.99 million in net income (profit) each year or $1.88 on an earnings per share basis.

How many employees does Black Stone Minerals have?

The company employs 2,020 workers across the globe.

How can I contact Black Stone Minerals?

Black Stone Minerals' mailing address is 1001 FANNIN STREET SUITE 2020, HOUSTON TX, 77002. The official website for the company is www.blackstoneminerals.com. The oil and gas producer can be reached via phone at (713) 445-3200, via email at investorrelations@blackstoneminerals.com, or via fax at 713-658-0943.

This page (NYSE:BSM) was last updated on 12/2/2022 by MarketBeat.com Staff