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 14.60%. The ex-dividend date of this dividend is Thursday, February 13th. View Black Stone Minerals' Dividend History.

Black Stone Minerals LP (NYSE:BSM) released its quarterly earnings data on Monday, February, 24th. The oil and gas producer reported $0.17 earnings per share (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 analyst estimates of $124.20 million. Black Stone Minerals had a return on equity of 20.82% and a net margin of 36.88%. 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 brokerages have issued 12 month target prices for Black Stone Minerals' stock. Their forecasts range from $11.00 to $19.00. On average, they expect Black Stone Minerals' stock price to reach $13.81 in the next year. This suggests a possible upside of 68.0% 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 negative recently, InfoTrie Sentiment reports. The research firm ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Black Stone Minerals earned a coverage optimism score of -2.0 on InfoTrie's scale. They also assigned news articles 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 future. View News Stories for Black Stone Minerals.

Some companies that are related to Black Stone Minerals include Noble Energy (NBL), Marathon Oil (MRO), Devon Energy (DVN), 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), Black Ridge Oil & Gas (ANFC), Jagged Peak Energy (JAG), ARC Resources (AETUF) and Vermilion Energy (VET).

Based on aggregate information from My MarketBeat watchlists, some companies that other Black Stone Minerals investors own include AT&T (T), Energy Transfer LP Unit (ET), Enterprise Products Partners (EPD), 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 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.

Black Stone Minerals' stock is owned by many different of institutional and retail investors. Top institutional shareholders 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, Sunbelt Securities Inc., Bank of America Corp DE and Private Wealth Partners LLC. 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 $8.22.

Black Stone Minerals has a market capitalization of $1.69 billion and generates $487.82 million in revenue each year. The oil and gas producer earns $295.54 million in net income (profit) each year or $1.16 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]