Black Stone Minerals Stock Forecast, Price & News

Black Stone Minerals (NYSE:BSM) Frequently Asked Questions

Is Black Stone Minerals a buy right now?

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

How has Black Stone Minerals' stock been impacted by Coronavirus?

Black Stone Minerals' stock was trading at $6.49 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, BSM stock has increased by 76.3% and is now trading at $11.44.
View which stocks have been most impacted by COVID-19.

When is Black Stone Minerals' next earnings date?

Black Stone Minerals is scheduled to release its next quarterly earnings announcement on Monday, February 28th 2022.
View our earnings forecast for Black Stone Minerals.

How were Black Stone Minerals' earnings last quarter?

Black Stone Minerals, L.P. (NYSE:BSM) released its quarterly earnings results on Monday, November, 1st. The oil and gas producer reported $0.05 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.15 by $0.10. The oil and gas producer had revenue of $59.83 million for the quarter, compared to analysts' expectations of $85.22 million. Black Stone Minerals had a net margin of 30.37% and a trailing twelve-month return on equity of 19.55%. Black Stone Minerals's revenue was up 36.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.09 EPS.
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 declared a quarterly dividend on Wednesday, October 27th. Investors of record on Friday, November 12th will be given a dividend of $0.25 per share on Friday, November 19th. This represents a $1.00 annualized dividend and a dividend yield of 8.74%. The ex-dividend date is Wednesday, November 10th.
View Black Stone Minerals' dividend history.

Is Black Stone Minerals a good dividend stock?

Black Stone Minerals pays an annual dividend of $1.00 per share and currently has a dividend yield of 8.64%. BSM has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Black Stone Minerals 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 of Black Stone Minerals is 370.37%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Black Stone Minerals will have a dividend payout ratio of 80.65% in the coming year. This indicates that Black Stone Minerals may not be able to sustain their current dividend.
View Black Stone Minerals' dividend history.

What price target have analysts set for BSM?

3 brokers have issued twelve-month target prices for Black Stone Minerals' stock. Their forecasts range from $12.25 to $110.00. On average, they anticipate Black Stone Minerals' stock price to reach $38.06 in the next twelve months. This suggests a possible upside of 232.7% from the stock's current price.
View analysts' price targets for Black Stone Minerals or view top-rated stocks among Wall Street analysts.

Who are Black Stone Minerals' key executives?

Black Stone Minerals' management team includes the following people:

• Thomas L. Carter, Chairman & Chief Executive Officer
• Jeff Wood, President & Chief Financial Officer
• Steve Putman, Secretary, Senior Vice President & General Counsel
• Dawn K. Smajstrla, Chief Accounting Officer & Vice President
• Benton Love, Vice President-Business Development

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

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

Who are some of Black Stone Minerals' key competitors?

Some companies that are related to Black Stone Minerals include Toray Industries (TRYIY), APA (APA), Ovintiv (OVV), EQT (EQT), Galp Energia, SGPS (GLPEY), Chesapeake Energy (CHK), ARC Resources (AETUF), Antero Resources (AR), Range Resources (RRC), PDC Energy (PDCE), Southwestern Energy (SWN), Matador Resources (MTDR), Magnolia Oil & Gas (MGY), Murphy Oil (MUR) and Denbury (DEN).
View all of BSM's 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 (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 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 variety of retail and institutional investors. Top institutional investors include Morgan Stanley (1.50%), SoftVest Advisors LLC (0.65%), Penn Davis Mcfarland Inc. (0.57%), Magnolia Group LLC (0.46%), Ancora Advisors LLC (0.42%) and Tocqueville Asset Management L.P. (0.24%). Company insiders that own Black Stone Minerals stock include Dawn Smajstrla, Jeffrey P Wood and Luke Stevens Putman.
View institutional ownership trends for Black Stone Minerals.

Which institutional investors are selling Black Stone Minerals stock?

BSM stock was sold by a variety of institutional investors in the last quarter, including SoftVest Advisors LLC, GSA Capital Partners LLP, Gruss & Co. LLC, Morgan Stanley, Russell Investments Group Ltd., Aristides Capital LLC, Credit Suisse AG, and Invesco Ltd.. Company insiders that have sold Black Stone Minerals company stock in the last year include Dawn Smajstrla, Jeffrey P Wood, and Luke Stevens Putman.
View insider buying and selling activity for Black Stone Minerals or view top insider-selling stocks.

Which institutional investors are buying Black Stone Minerals stock?

BSM stock was acquired by a variety of institutional investors in the last quarter, including Magnolia Group LLC, Tocqueville Asset Management L.P., Investment Management Associates Inc. ADV, Marshall Wace LLP, Mraz Amerine & Associates Inc., PEAK6 Investments LLC, Cushing Asset Management LP, and O Shaughnessy Asset Management LLC.
View insider buying and selling activity for Black Stone Minerals or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Black Stone Minerals' stock price today?

One share of BSM stock can currently be purchased for approximately $11.44.

How much money does Black Stone Minerals make?

Black Stone Minerals has a market capitalization of $2.39 billion and generates $342.75 million in revenue each year. The oil and gas producer earns $121.82 million in net income (profit) each year or $0.27 on an earnings per share basis.

How many employees does Black Stone Minerals have?

Black Stone Minerals employs 2,020 workers across the globe.

What is Black Stone Minerals' official website?

The official website for Black Stone Minerals is www.blackstoneminerals.com.

Where are Black Stone Minerals' headquarters?

Black Stone Minerals is headquartered at 1001 FANNIN STREET SUITE 2020, HOUSTON TX, 77002.

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, via email at [email protected], or via fax at 713-658-0943.