NYSE:BSMBlack Stone Minerals Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Black Stone Minerals LP Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $6.69 +0.09 (+1.36 %) (As of 06/3/2020 12:57 PM ET) Add Compare Share Today's Range$6.65Now: $6.69▼$6.8350-Day Range$4.90MA: $6.12▼$6.7552-Week Range$4.04Now: $6.69▼$16.64Volume3,996 shsAverage Volume298,903 shsMarket Capitalization$1.38 billionP/E Ratio5.27Dividend Yield4.95%Beta1.36 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Black Stone Minerals, L.P. owns and manages oil and natural gas mineral interests in the United States. The company owns mineral interests in approximately 16.8 million acres, nonparticipating royalty interests in 1.9 million acres, and overriding royalty interests in 2.1 million acres located in 41 states and 64 onshore basins in the continental United States. As of December 31, 2018, the company had a total estimated proved oil and natural gas reserves of 69,904 barrels of oil equivalent. Black Stone Minerals, L.P. was founded in 1876 and is based in Houston, Texas.Read More Beat the Market (BTM) Rank™ 3.2 Analyst's Opinion Consensus RatingBlack Stone Minerals has received a consensus rating of Hold. The company's average rating score is 2.38, and is based on 3 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.13, Black Stone Minerals has a potential upside of 79.9% from its current price of $6.74.Amount of Analyst CoverageBlack Stone Minerals has only been the subject of 2 research reports in the past 90 days. Previous Next 2.3 Community Rank Outperform VotesBlack Stone Minerals has received 249 “outperform” votes. (Add your “outperform” vote.)Underperform VotesBlack Stone Minerals has received 298 “underperform” votes. (Add your “underperform” vote.)Community SentimentBlack Stone Minerals has received 54.48% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Black Stone Minerals and other stocks. Vote “Outperform” if you believe BSM will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BSM will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipBlack Stone Minerals is a leading dividend payer. It pays a dividend yield of 4.95%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBlack Stone Minerals has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Black Stone Minerals is 27.59 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Black Stone Minerals will have a dividend payout ratio of 59.26 % next year. This indicates that Black Stone Minerals will be able to sustain or increase its dividend. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Black Stone Minerals insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 24.40% of the stock of Black Stone Minerals is held by insiders.Percentage Held by InstitutionsOnly 25.05% of the stock of Black Stone Minerals is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Black Stone Minerals are expected to decrease by -28.95% in the coming year, from $0.76 to $0.54 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Black Stone Minerals is 5.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.05.Price to Earnings Ratio vs. SectorThe P/E ratio of Black Stone Minerals is 5.31, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 10.01.Price to Book Value per Share RatioBlack Stone Minerals has a P/B Ratio of 1.74. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.2Community Rank: 2.3Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.01 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Crude petroleum & natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:BSM Previous Symbol CUSIPN/A CIK1621434 Webwww.blackstoneminerals.com Phone713-445-3200Debt Debt-to-Equity Ratio0.48 Current Ratio14.80 Quick Ratio14.80Price-To-Earnings Trailing P/E Ratio5.27 Forward P/E Ratio8.80 P/E GrowthN/A Sales & Book Value Annual Sales$487.82 million Price / Sales2.82 Cash Flow$1.77 per share Price / Cash Flow3.79 Book Value$3.88 per share Price / Book1.72Profitability EPS (Most Recent Fiscal Year)$1.16 Net Income$214.37 million Net Margins42.39% Return on Equity26.79% Return on Assets13.78%Miscellaneous EmployeesN/A Outstanding Shares205,940,000Market Cap$1.38 billion Next Earnings Date8/3/2020 (Estimated) OptionableOptionable BSM Rates by TradingView Receive BSM News and Ratings via Email Sign-up to receive the latest news and ratings for BSM and its competitors with MarketBeat's FREE daily newsletter. Black Stone Minerals (NYSE:BSM) Frequently Asked Questions How has Black Stone Minerals' stock been impacted by COVID-19 (Coronavirus)? Black Stone Minerals' stock was trading at $6.49 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, BSM stock has increased by 3.9% and is now trading at $6.74. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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. When is Black Stone Minerals' next earnings date? 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. How were Black Stone Minerals' earnings last quarter? Black Stone Minerals LP (NYSE:BSM) issued its earnings results on Monday, May, 4th. The oil and gas producer reported $0.34 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate 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. 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, April 22nd. Shareholders of record on Thursday, May 14th will be given a dividend of $0.08 per share on Thursday, May 21st. This represents a $0.32 annualized dividend and a dividend yield of 4.75%. The ex-dividend date of this dividend is Wednesday, May 13th. View Black Stone Minerals' dividend history. What price target have analysts set for BSM? 8 brokerages have issued twelve-month target prices 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 year. This suggests a possible upside of 79.9% from the stock's current price. View analysts' price targets for Black Stone Minerals. Has Black Stone Minerals been receiving favorable news coverage? News stories about BSM stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Black Stone Minerals earned a news impact score of 1.7 on InfoTrie's scale. They also gave news stories about the oil and gas producer a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the near term. View the latest news aboutBlack Stone Minerals. Who are some of Black Stone Minerals' key competitors? Some companies that are related to Black Stone Minerals include Noble Energy (NBL), Marathon Oil (MRO), Devon Energy (DVN), Apache (APA), Parsley Energy (PE), Sasol (SSL), EQT (EQT), WPX Energy (WPX), Cimarex Energy (XEC), Ovintiv (OVV), Murphy Oil (MUR), CNX Resources (CNX), Viper Energy Partners (VNOM), Southwestern Energy (SWN) and Range Resources (RRC). View all competitors. 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 LP Unit (ET), Alibaba Group (BABA), General Electric (GE), Intel (INTC), Mplx (MPLX), NVIDIA (NVDA), Occidental Petroleum (OXY) and Verizon Communications (VZ). Who are Black Stone Minerals' key executives? Black Stone Minerals' management team includes the following people: Mr. Thomas L. Carter Jr., Chairman & CEO of Black Stone Minerals GP L.L.C (Age 67)Mr. Jeffrey P. Wood, Pres & CFO of Black Stone Minerals GP LLC (Age 48)Mr. Steve Putman, Sr. VP, Gen. Counsel & Sec. of Black Stone Minerals GP LLC (Age 44)Mr. Holbrook F. Dorn, Sr. VP of Bus. Devel. - Black Stone Minerals GP, L.L.C. (Age 42)Mr. Brock E. Morris, Sr. VP of Engineering & Geology for Black Stone Minerals GP LLC (Age 55) When did Black Stone Minerals IPO? (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. 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 variety of retail and institutional 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. Which major investors are selling Black Stone Minerals stock? 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. Which major investors are buying Black Stone Minerals stock? 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. How do I buy shares of 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. What is Black Stone Minerals' stock price today? One share of BSM stock can currently be purchased for approximately $6.74. How big of a company is Black Stone Minerals? Black Stone Minerals has a market capitalization of $1.39 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. What is Black Stone Minerals' official website? The official website for Black Stone Minerals is www.blackstoneminerals.com. How can I contact Black Stone Minerals? 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] This page was last updated on 6/3/2020 by MarketBeat.com Staff
