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PYPL   88.04 (+6.19%)
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MSFT   261.46 (+3.45%)
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T   20.39 (+1.04%)
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NYSE:BSM

Black Stone Minerals - BSM Stock Forecast, Price & News

$15.79
-0.23 (-1.44%)
(As of 02/2/2023 01:17 PM ET)
Add
Compare
Today's Range
$15.73
$16.24
50-Day Range
$15.47
$18.75
52-Week Range
$11.25
$20.24
Volume
696,424 shs
Average Volume
884,178 shs
Market Capitalization
$3.31 billion
P/E Ratio
8.40
Dividend Yield
11.06%
Price Target
$19.75

Black Stone Minerals MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
24.3% Upside
$19.75 Price Target
Short Interest
Healthy
0.84% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.08mentions of Black Stone Minerals in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$914,250 Bought Last Quarter
Proj. Earnings Growth
12.94%
From $1.70 to $1.92 Per Share

Overall MarketRank

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

2.75 out of 5 stars

Oils/Energy Sector

35th out of 241 stocks

Crude Petroleum & Natural Gas Industry

17th out of 75 stocks


BSM stock logo

About Black Stone Minerals (NYSE:BSM) Stock

Black Stone Minerals LP is an exploration company. The firm engages in the exploration of oil and natural gas minerals. It focuses on the operation of Louisiana-Mississippi Salt Basins, Western Gulf, Permian Basin, Palo Duro Basin, East Texas Basin, Anadarko Basin, Appalachian Basin, Arkoma Basin, Bend Arch-Fort Worth, and Southwestern Wyoming. The company was founded in 1876 and is headquartered in Houston, TX.

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BSM Stock News Headlines

The Biggest "Missing Ingredient" in the $7 Trillion EV Market
China has owned the graphite market for decades. But the U.S. just added graphite to a list of super-critical minerals... "essential for America's National Defense." Perfect timing for a "made in America" graphite company looking to mine, manufacture, and recycle graphite for the booming electric car market.
Black Stone Minerals (NYSE:BSM) Price Target Cut to $20.00
Top Innovation Stock
Today's stock market report features an AI Robotics tech stock with a $4 million order backlog.
Black Stone Minerals: High Yield Value
Black Stone Minerals: High Yield Value
Black Stone Minerals, L.P. Announces Leadership Change
Black Stone Minerals LP Partnership Units
Top Picks 2023- Black Stone Minerals LP BSM
BSM Black Stone Minerals, L.P.
Earnings Preview For Black Stone Minerals
See More Headlines
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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
2/02/2023
Next Earnings (Confirmed)
2/21/2023
Fiscal Year End
12/31/2023

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
$19.75
High Stock Price Forecast
$21.00
Low Stock Price Forecast
$19.00
Forecasted Upside/Downside
+25.1%
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
$1.29 per share
Book Value
$3.67 per share

Miscellaneous

Free Float
165,222,000
Market Cap
$3.31 billion
Optionable
Optionable
Beta
1.05

Key Executives

  • Thomas L. Carter
    Chairman & Chief Executive Officer
  • Jeff Wood
    President, Chief Financial Officer & Treasurer
  • John Gearing
    Vice President-Information Technology
  • Steve Putman
    Secretary, Senior Vice President & General Counsel
  • Dawn K. SmajstrlaDawn K. Smajstrla
    Chief Accounting Officer & Vice President













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 twelve months. 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 brokers have issued 1-year target prices for Black Stone Minerals' shares. Their BSM share price forecasts range from $19.00 to $21.00. On average, they predict the company's stock price to reach $19.75 in the next year. This suggests a possible upside of 23.3% 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 2023?

Black Stone Minerals' stock was trading at $16.87 on January 1st, 2023. Since then, BSM shares have decreased by 5.0% and is now trading at $16.02.
View the best growth stocks for 2023 here
.

Are investors shorting Black Stone Minerals?

Black Stone Minerals saw a drop in short interest in January. As of January 15th, there was short interest totaling 1,430,000 shares, a drop of 13.3% from the December 31st total of 1,650,000 shares. Based on an average daily trading volume, of 826,100 shares, the days-to-cover ratio is presently 1.7 days. Approximately 0.8% of the company's stock are short sold.
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) issued its earnings results 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 earned $59.83 million during 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%. Black Stone Minerals's quarterly revenue was up 36.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.09 EPS.

How often does Black Stone Minerals pay dividends? What is the dividend yield for Black Stone Minerals?

Black Stone Minerals declared a quarterly dividend on Wednesday, October 19th. Stockholders of record on Thursday, November 10th will be paid 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 11.24%. 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 11.12%. 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 93.75% 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 (IPO) 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 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 Penn Davis Mcfarland Inc. (0.74%), Mayo Clinic (0.31%), Spirit of America Management Corp NY (0.23%), Mraz Amerine & Associates Inc. (0.06%), Howard Financial Services LTD. (0.04%) and Sumitomo Mitsui Trust Holdings Inc. (0.03%). 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 $16.02.

How much money does Black Stone Minerals make?

Black Stone Minerals (NYSE:BSM) has a market capitalization of $3.35 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 2/2/2023 by MarketBeat.com Staff