NYSE:MNRLBrigham Minerals Stock Price, Forecast & News

Brigham Minerals' stock was trading at $9.98 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MNRL shares have increased by 51.7% and is now trading at $15.14. View which stocks have been most impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brigham Minerals in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Brigham Minerals.

Brigham Minerals is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Brigham Minerals.

Brigham Minerals Inc (NYSE:MNRL) issued its quarterly earnings results on Wednesday, May, 13th. The company reported $0.14 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.14. The company had revenue of $32.28 million for the quarter, compared to analysts' expectations of $29.82 million. Brigham Minerals had a return on equity of 6.98% and a net margin of 9.58%. View Brigham Minerals' earnings history.

Brigham Minerals declared a quarterly dividend on Wednesday, May 13th. Investors of record on Wednesday, May 27th will be paid a dividend of $0.37 per share on Wednesday, June 3rd. This represents a $1.48 dividend on an annualized basis and a yield of 9.78%. The ex-dividend date of this dividend is Tuesday, May 26th. View Brigham Minerals' dividend history.

11 analysts have issued 1-year price targets for Brigham Minerals' stock. Their forecasts range from $11.00 to $28.00. On average, they expect Brigham Minerals' share price to reach $17.63 in the next twelve months. This suggests a possible upside of 16.4% from the stock's current price. View analysts' price targets for Brigham Minerals.

Press coverage about MNRL stock has trended extremely negative this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Brigham Minerals earned a news impact score of -5.0 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next several days. View the latest news aboutBrigham Minerals.

Some companies that are related to Brigham Minerals include Cimarex Energy (XEC), Ovintiv (OVV), Murphy Oil (MUR), CNX Resources (CNX), Viper Energy Partners (VNOM), Southwestern Energy (SWN), Range Resources (RRC), Black Stone Minerals (BSM), Magnolia Oil & Gas (MGY), ARC Resources (AETUF), PDC Energy (PDCE), Matador Resources (MTDR), Comstock Resources (CRK), Crescent Point Energy (CPG) and Talos Energy (TALO). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Brigham Minerals investors own include Crius Energy Unt (KWH.UN), AT&T (T), Golar LNG Partners (GMLP), Pembina Pipeline (PBA), Enterprise Products Partners (EPD), Pfizer (PFE), AbbVie (ABBV), Occidental Petroleum (OXY), TELUS (TU) and Brookfield Infrastructure Partners (BIP).

(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 a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (3.97%), Wellington Management Group LLP (3.38%), Russell Investments Group Ltd. (3.24%), Oxbow Advisors LLC (2.87%), Nuveen Asset Management LLC (2.35%) and Clearbridge Investments LLC (1.37%). Company insiders that own Brigham Minerals stock include Ben M Brigham, Blake C Williams, Harold D Carter, James R Levy, John R Sult, Robert M Roosa 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 Portolan Capital Management LLC, William Blair Investment Management LLC, Wellington Management Group LLP, King Luther Capital Management Corp, Morgan Stanley, First Trust Advisors LP, Commonwealth Equity Services LLC, and Clearbridge Investments LLC. Company insiders that have sold Brigham Minerals company stock in the last year include James R Levy, 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 Oxbow Advisors LLC, BlackRock Inc., Russell Investments Group Ltd., Deprince Race & Zollo Inc., Aviva PLC, Fuller & Thaler Asset Management Inc., State Street Corp, and Nuveen Asset 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, 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 $15.14.

Brigham Minerals has a market capitalization of $861.16 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 30 workers across the globe.

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

Brigham Minerals' mailing address is 5914 W. COURTYARD DRIVE SUITE 100, AUSTIN TX, 78730. The company can be reached via phone at 512-220-6350 or via email at [email protected]