NYSE:BSMBlack Stone Minerals Stock Price, Forecast & News

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 2.3% and is now trading at $6.34. View which stocks have been most impacted by Coronavirus.

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.

Black Stone Minerals is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Black Stone Minerals.

Black Stone Minerals LP (NYSE:BSM) posted its quarterly earnings results on Monday, May, 4th. The oil and gas producer reported $0.34 EPS for the quarter, topping analysts' consensus estimates of $0.18 by $0.16. The oil and gas producer earned $183.05 million during the quarter, compared to analyst estimates of $102.42 million. Black Stone Minerals had a net margin of 42.39% and a return on equity of 26.79%. View Black Stone Minerals' earnings history.

Black Stone Minerals announced a quarterly dividend on Wednesday, April 22nd. Stockholders of record on Thursday, May 14th will be paid a dividend of $0.08 per share on Thursday, May 21st. This represents a $0.32 annualized dividend and a yield of 5.05%. The ex-dividend date of this dividend is Wednesday, May 13th. View Black Stone Minerals' dividend history.

8 Wall Street analysts have issued 1-year 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 $12.13 in the next twelve months. This suggests a possible upside of 91.2% from the stock's current price. View analysts' price targets for Black Stone Minerals.

Media coverage about BSM stock has trended very negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Black Stone Minerals earned a media sentiment score of -3.5 on InfoTrie's scale. They also assigned headlines about the oil and gas producer a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an impact on the company's share price in the near future. View the latest news aboutBlack Stone Minerals.

Some companies that are related to Black Stone Minerals include Cenovus Energy (CVE), Marathon Oil (MRO), Continental Resources (CLR), Devon Energy (DVN), Apache (APA), Noble Energy (NBL), Parsley Energy (PE), EQT (EQT), Sasol (SSL), WPX Energy (WPX), Cimarex Energy (XEC), Ovintiv (OVV), CNX Resources (CNX), Murphy Oil (MUR) and Viper Energy Partners (VNOM). View all competitors.

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), General Electric (GE), Intel (INTC), Mplx (MPLX), NVIDIA (NVDA), Occidental Petroleum (OXY) and Verizon Communications (VZ).

(BSM) raised $450 million in an initial public offering 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 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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "BSM."

Black Stone Minerals' stock is owned by many different institutional and retail investors. Top institutional investors include Mayo Clinic (2.77%), EdgePoint Investment Group Inc. (1.76%), Morgan Stanley (1.54%), Morgan Stanley (1.54%), First Trust Advisors LP (0.26%) and Kempner Capital Management Inc. (0.21%). 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 Private Wealth Partners LLC, Virtus ETF Advisers LLC, UBS Group AG, JPMorgan Chase & Co., First Trust Advisors LP, Spirit of America Management Corp NY, Cullen Frost Bankers Inc., and Jane Street Group LLC. Company insiders that have sold Black Stone Minerals company stock in the last year include Dawn Smajstrla, Luke Stevens Putman, and William N Mathis. View insider buying and selling activity for Black Stone Minerals.

BSM stock was bought by a variety of institutional investors in the last quarter, including EdgePoint Investment Group Inc., Morgan Stanley, Morgan Stanley, Wells Fargo & Company MN, Rafferty Asset Management LLC, Abacus Planning Group Inc., Kempner Capital Management Inc., and Horizon Kinetics Asset Management LLC. 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.

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 $6.34.

Black Stone Minerals has a market capitalization of $1.31 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]