Log in
NYSE:MNRL

Brigham Minerals Stock Forecast, Price & News

$10.97
-0.65 (-5.59 %)
(As of 11/27/2020 12:00 AM ET)
Add
Compare
Today's Range
$10.96
Now: $10.97
$11.68
50-Day Range
$8.51
MA: $9.95
$11.87
52-Week Range
$5.86
Now: $10.97
$21.65
Volume192,090 shs
Average Volume472,436 shs
Market Capitalization$619.63 million
P/E RatioN/A
Dividend Yield4.72%
Beta2.48
Brigham Minerals, Inc. owns and operates a portfolio of mineral and royalty interests in the continental United States. The company primarily holds mineral and royalty interests in the Permian Basin in West Texas and New Mexico; the South Central Oklahoma Oil Province and Sooner Trend Anadarko Basin Canadian and Kingfisher Counties plays in the Anadarko Basin of Oklahoma; the Denver-Julesburg Basin in Colorado; and Wyoming and the Williston Basin in North Dakota. As of December 31, 2019, it had mineral and royalty interests in approximately 57,800 net mineral acres; and owned mineral and royalty interests in 4,908 gross productive horizontal wells, which consisted of 4,424 oil wells and 484 natural gas wells, as well as proved undeveloped reserves of 7,037 thousand barrels of oil; 28,498 million cubic feet of natural gas; and 3,344 thousand barrels of natural gas liquids for a total of 15,131 thousand barrels of oil equivalent. Brigham Minerals, Inc. was founded in 2012 and is headquartered in Austin, Texas.
Read More

Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.8Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.30 out of 5 stars


Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone512-220-6350
Employees41

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$101.51 million
Cash Flow$0.92 per share
Book Value$5.58 per share

Profitability

Net Income$21.64 million

Miscellaneous

Market Cap$619.63 million
Next Earnings Date2/25/2021 (Estimated)
OptionableNot Optionable
$10.97
-0.65 (-5.59 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive MNRL News and Ratings via Email

Sign-up to receive the latest news and ratings for MNRL and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Brigham Minerals (NYSE:MNRL) Frequently Asked Questions

How has Brigham Minerals' stock been impacted by COVID-19 (Coronavirus)?

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.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Brigham Minerals?

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
.

What stocks does MarketBeat like better than Brigham Minerals?

Wall Street analysts have given Brigham Minerals a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Brigham Minerals wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Brigham Minerals' next earnings date?

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

How were Brigham Minerals' earnings last quarter?

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
.

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

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
.

What price target have analysts set for MNRL?

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
.

Are investors shorting 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
.

Who are some of Brigham Minerals' key competitors?

What other stocks do shareholders of Brigham Minerals own?

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).

Who are Brigham Minerals' key executives?

Brigham Minerals' management team includes the following people:
  • Mr. Robert M. Roosa, CEO & Director (Age 50, Pay $543.46k)
  • Mr. Blake C. Williams, Chief Financial Officer (Age 32, Pay $393.38k)
  • Ms. Kari A. Potts, VP, Gen. Counsel & Corp. Sec. (Age 45)
  • Mr. Kevin J. L'abbé, VP of Exploration for the Mid-Continent & Rocky Mountain Regions (Age 38)
  • Mr. A. Dax McDavid, VP of Exploration for the Permian & Williston Basins (Age 39)

When did Brigham Minerals IPO?

(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.

What is Brigham Minerals' stock symbol?

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

Who are Brigham Minerals' major shareholders?

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
.

Which major investors are selling Brigham Minerals stock?

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
.

Which major investors are buying Brigham Minerals stock?

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
.

How do I buy shares of 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.

What is Brigham Minerals' stock price today?

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

How big of a company is Brigham Minerals?

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.

What is Brigham Minerals' official website?

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

How can I contact Brigham Minerals?

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]

This page was last updated on 11/28/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.