Brigham Minerals Stock Forecast, Price & News

Brigham Minerals' stock was trading at $9.98 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MNRL stock has increased by 9.9% and is now trading at $10.97.
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11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brigham Minerals in the last year. There are currently 1 hold rating, 9 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Brigham Minerals.

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Brigham Minerals is scheduled to release its next quarterly earnings announcement on Thursday, February 25th 2021.
View our earnings forecast for Brigham Minerals.

Brigham Minerals, Inc. (NYSE:MNRL) posted its quarterly earnings results on Wednesday, August, 12th. The company reported ($0.11) EPS for the quarter, missing analysts' consensus estimates of ($0.04) by $0.07. The firm had revenue of $12.61 million for the quarter, compared to analyst estimates of $12.88 million. Brigham Minerals had a net margin of 8.57% and a return on equity of 2.51%.
View Brigham Minerals' earnings history.

Brigham Minerals declared a quarterly dividend on Thursday, November 5th. Investors of record on Monday, November 30th will be paid a dividend of $0.24 per share on Monday, December 7th. This represents a $0.96 annualized dividend and a yield of 8.75%. The ex-dividend date of this dividend is Friday, November 27th. This is a positive change from Brigham Minerals's previous quarterly dividend of $0.14.
View Brigham Minerals' dividend history.

11 analysts have issued 12-month price targets for Brigham Minerals' shares. Their forecasts range from $11.00 to $18.00. On average, they anticipate Brigham Minerals' stock price to reach $14.40 in the next year. This suggests a possible upside of 31.3% from the stock's current price.
View analysts' price targets for Brigham Minerals.

Brigham Minerals saw a decrease in short interest during the month of October. As of October 30th, there was short interest totaling 961,100 shares, a decrease of 18.6% from the October 15th total of 1,180,000 shares. Based on an average trading volume of 407,600 shares, the days-to-cover ratio is currently 2.4 days.
View Brigham Minerals' Short Interest.

Some companies that are related to Brigham Minerals include CNX Resources (CNX), Range Resources (RRC), Southwestern Energy (SWN), Viper Energy Partners (VNOM), ARC Resources (AETUF), PDC Energy (PDCE), Magnolia Oil & Gas (MGY), Murphy Oil (MUR), Black Stone Minerals (BSM), Matador Resources (MTDR), Comstock Resources (CRK), Antero Resources (AR), Crescent Point Energy (CPG), Enerplus Co. (ERF.TO) (ERF) and Kosmos Energy (KOS).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Brigham Minerals investors own include Crius Energy Unt (KWH.UN), Pfizer (PFE), Pembina Pipeline (PBA), Brookfield Property Partners (BPY), Golar LNG Partners (GMLP), STAG Industrial (STAG), AT&T (T), Valero Energy (VLO), Enterprise Products Partners (EPD) and Suncor Energy (SU).

(MNRL) raised $223 million in an initial public offering on Thursday, April 18th 2019. The company issued 13,500,000 shares at $15.00-$18.00 per share. Credit Suiss, Goldman Sachs, Barclays, RBC Capital Markets, UBS Investment Bank and Wells Fargo Securities served as the underwriters for the IPO and Raymond James, Seaport Global Securities, Simmons Energy and Tudor, Pickering, Holt (A Division of Piper Jaffray) were co-managers.

Brigham Minerals trades on the New York Stock Exchange (NYSE) under the ticker symbol "MNRL."

Brigham Minerals' stock is owned by many different institutional and retail investors. Top institutional investors include Deep Basin Capital LP (6.89%), BlackRock Inc. (5.28%), CIBC Private Wealth Group LLC (2.43%), Oxbow Advisors LLC (2.20%), William Blair Investment Management LLC (1.09%) and State Street Corp (1.01%). Company insiders that own Brigham Minerals stock include Ben M Brigham, Blake C Williams, Harold D Carter, James R Levy, John R Sult, Kari Arneil Potts, Robert M Roosa, Warburg Pincus & Co Us, Llc and Yorktown X Associates Llc.
View institutional ownership trends for Brigham Minerals.

MNRL stock was sold by a variety of institutional investors in the last quarter, including Caas Capital Management LP, Aptus Capital Advisors LLC, CI Investments Inc., Dean Investment Associates LLC, State Street Corp, King Luther Capital Management Corp, UBS Asset Management Americas Inc., and Morgan Stanley. Company insiders that have sold Brigham Minerals company stock in the last year include James R Levy, Warburg Pincus & Co Us, Llc, and Yorktown X Associates Llc.
View insider buying and selling activity for Brigham Minerals.

MNRL stock was acquired by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, Deep Basin Capital LP, BlackRock Inc., Cooperman Leon G, Boston Partners, Sentry Investment Management LLC, Victory Capital Management Inc., and William Blair Investment Management LLC. Company insiders that have bought Brigham Minerals stock in the last two years include Ben M Brigham, Blake C Williams, Harold D Carter, John R Sult, Kari Arneil Potts, and Robert M Roosa.
View insider buying and selling activity for Brigham Minerals.

Shares of MNRL 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 MNRL stock can currently be purchased for approximately $10.97.

Brigham Minerals has a market capitalization of $619.63 million and generates $101.51 million in revenue each year. The company earns $21.64 million in net income (profit) each year or $0.57 on an earnings per share basis. Brigham Minerals employs 41 workers across the globe.

The official website for Brigham Minerals is www.brighamminerals.net.

Brigham Minerals' mailing address is 5914 WEST COURTYARD DRIVE SUITE 150, AUSTIN TX, 78730. The company can be reached via phone at 512-220-6350 or via email at [email protected]