S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
The "Trojan Horse" Hiding Inside Of Biden's $2 Trillion Infrastructure Bill. (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Economic and National Security Threats Create Lithium Bonanza (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Economic and National Security Threats Create Lithium Bonanza (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
The "Trojan Horse" Hiding Inside Of Biden's $2 Trillion Infrastructure Bill. (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Economic and National Security Threats Create Lithium Bonanza (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Economic and National Security Threats Create Lithium Bonanza (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
The "Trojan Horse" Hiding Inside Of Biden's $2 Trillion Infrastructure Bill. (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Economic and National Security Threats Create Lithium Bonanza (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Economic and National Security Threats Create Lithium Bonanza (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
The "Trojan Horse" Hiding Inside Of Biden's $2 Trillion Infrastructure Bill. (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Economic and National Security Threats Create Lithium Bonanza (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Economic and National Security Threats Create Lithium Bonanza (Ad)
NYSE:MNRL

Brigham Minerals - MNRL Stock Forecast, Price & News

$27.72
+0.51 (+1.87%)
(As of 08/9/2022 12:00 AM ET)
Add
Compare
Today's Range
$27.29
$28.29
50-Day Range
$23.13
$33.14
52-Week Range
$16.51
$33.64
Volume
341,379 shs
Average Volume
552,767 shs
Market Capitalization
$1.68 billion
P/E Ratio
13.46
Dividend Yield
2.35%
Price Target
$34.20

Brigham Minerals MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
23.4% Upside
$34.20 Price Target
Short Interest
Healthy
3.30% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-9.02
Upright™ Environmental Score
News Sentiment
0.55mentions of Brigham Minerals in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$24.65 M Sold Last Quarter
Proj. Earnings Growth
-23.44%
From $2.56 to $1.96 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.11 out of 5 stars

Basic Materials Sector

57th out of 166 stocks

Crude Petroleum & Natural Gas Industry

41st out of 78 stocks

MNRL stock logo

About Brigham Minerals (NYSE:MNRL) Stock

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 Delaware and Midland Basins 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, 2021, it had mineral and royalty interests in approximately 92,375 net royalty acres; and owned mineral and royalty interests in 8,595 gross productive horizontal wells, which consisted of 7,909 oil wells and 688 natural gas wells. The company was founded in 2012 and is headquartered in Austin, Texas.

Brigham Minerals Stock Performance

Shares of MNRL Stock opened at $27.72 on Wednesday. The company's 50-day simple moving average is $26.74 and its 200-day simple moving average is $25.66. Brigham Minerals has a one year low of $16.51 and a one year high of $33.64. The stock has a market capitalization of $1.68 billion, a price-to-earnings ratio of 13.46 and a beta of 1.90. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.55 and a current ratio of 3.55.

Brigham Minerals (NYSE:MNRL - Get Rating) last issued its quarterly earnings results on Thursday, August 4th. The company reported $0.78 earnings per share for the quarter, beating analysts' consensus estimates of $0.70 by $0.08. Brigham Minerals had a return on equity of 14.84% and a net margin of 41.17%. The business had revenue of $90.88 million during the quarter, compared to the consensus estimate of $81.38 million. During the same period in the previous year, the business earned $0.25 EPS. The business's quarterly revenue was up 27.2% on a year-over-year basis. Equities analysts anticipate that Brigham Minerals will post 2.56 earnings per share for the current fiscal year.

Brigham Minerals Increases Dividend

The firm also recently announced a None dividend, which will be paid on Friday, August 26th. Shareholders of record on Friday, August 19th will be issued a $0.77 dividend. The ex-dividend date is Thursday, August 18th. This represents a yield of 2.2%. This is a boost from Brigham Minerals's previous None dividend of $0.60. Brigham Minerals's dividend payout ratio (DPR) is currently 31.07%.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. Wells Fargo & Company increased their target price on shares of Brigham Minerals from $29.00 to $30.00 and gave the stock an "equal weight" rating in a research report on Monday, May 23rd. TheStreet raised shares of Brigham Minerals from a "c+" rating to a "b" rating in a research report on Monday, April 18th. Piper Sandler reduced their price objective on Brigham Minerals from $32.00 to $31.00 and set an "overweight" rating on the stock in a research note on Friday, July 22nd. Raymond James upped their price target on Brigham Minerals from $41.00 to $44.00 in a report on Tuesday, May 24th. Finally, Barclays boosted their target price on shares of Brigham Minerals from $29.00 to $38.00 and gave the stock an "overweight" rating in a research report on Tuesday, June 14th. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Brigham Minerals has a consensus rating of "Buy" and an average price target of $34.20.

Insider Buying and Selling at Brigham Minerals

In other Brigham Minerals news, Director Pbra, Llc sold 41,503 shares of the firm's stock in a transaction on Thursday, June 23rd. The stock was sold at an average price of $25.21, for a total value of $1,046,290.63. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Brigham Minerals news, Director Pbra, Llc sold 41,503 shares of the firm's stock in a transaction that occurred on Thursday, June 23rd. The shares were sold at an average price of $25.21, for a total value of $1,046,290.63. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Robert M. Roosa sold 6,250 shares of the business's stock in a transaction that occurred on Monday, June 6th. The stock was sold at an average price of $31.94, for a total value of $199,625.00. Following the transaction, the chief executive officer now owns 406,965 shares of the company's stock, valued at $12,998,462.10. The disclosure for this sale can be found here. Insiders sold a total of 826,002 shares of company stock worth $24,653,275 over the last ninety days. Company insiders own 3.92% of the company's stock.

Receive MNRL Stock News and Ratings via Email

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

MNRL Stock News Headlines

Brigham Minerals (MNRL) to Release Earnings on Thursday
Brigham Minerals Inc Stock Quote MNRL
See More Headlines
Receive MNRL Stock News and Ratings via Email

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

MNRL Company Calendar

Ex-Dividend for 5/27 Dividend
5/19/2022
Dividend Payable
5/27/2022
Last Earnings
8/04/2022
Today
8/10/2022
Ex-Dividend for 8/26 Dividend
8/18/2022
Dividend Payable
8/26/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Fax
N/A
Employees
44
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$34.20
High Stock Price Forecast
$44.00
Low Stock Price Forecast
$28.00
Forecasted Upside/Downside
+23.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$50.28 million
Pretax Margin
57.88%

Debt

Sales & Book Value

Annual Sales
$161.22 million
Cash Flow
$1.54 per share
Book Value
$11.71 per share

Miscellaneous

Free Float
58,150,000
Market Cap
$1.68 billion
Optionable
Not Optionable
Beta
1.90

Key Executives

  • Mr. Robert M. Roosa (Age 52)
    CEO & Director
    Comp: $566.66k
  • Mr. Blake C. Williams (Age 35)
    Chief Financial Officer
    Comp: $411.1k
  • Ms. Kari A. Potts (Age 46)
    VP, Gen. Counsel, Compliance Officer & Corp. Sec.
    Comp: $360.27k
  • Mr. Ivan Alexandrov Gaidarov (Age 50)
    VP & Chief Accounting Officer
  • Jacob Sexton
    Mang. of Fin. & Investor Relations
  • Mr. A. Dax McDavid (Age 41)
    Sr. VP of Exploration
  • Hamilton W. Hogsett
    Sr. VP of Reservoir Engineering
  • Mr. Kevin J. L'abbé (Age 40)
    VP of Exploration for the Mid-Continent & Rocky Mountain Regions













MNRL Stock - Frequently Asked Questions

Should I buy or sell Brigham Minerals stock right now?

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

What is Brigham Minerals' stock price forecast for 2022?

5 brokers have issued 12-month price objectives for Brigham Minerals' shares. Their MNRL share price forecasts range from $28.00 to $44.00. On average, they anticipate the company's share price to reach $34.20 in the next year. This suggests a possible upside of 23.4% from the stock's current price.
View analysts price targets for MNRL
or view top-rated stocks among Wall Street analysts.

How has Brigham Minerals' stock performed in 2022?

Brigham Minerals' stock was trading at $21.09 at the beginning of the year. Since then, MNRL shares have increased by 31.4% and is now trading at $27.72.
View the best growth stocks for 2022 here
.

Are investors shorting Brigham Minerals?

Brigham Minerals saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 1,940,000 shares, an increase of 38.6% from the June 15th total of 1,400,000 shares. Based on an average daily trading volume, of 630,300 shares, the short-interest ratio is currently 3.1 days.
View Brigham Minerals' Short Interest
.

When is Brigham Minerals' next earnings date?

Brigham Minerals is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our MNRL earnings forecast
.

How were Brigham Minerals' earnings last quarter?

Brigham Minerals, Inc. (NYSE:MNRL) issued its quarterly earnings data on Thursday, August, 4th. The company reported $0.78 earnings per share for the quarter, topping analysts' consensus estimates of $0.70 by $0.08. The business earned $90.88 million during the quarter, compared to the consensus estimate of $81.38 million. Brigham Minerals had a net margin of 41.17% and a trailing twelve-month return on equity of 14.84%. The business's revenue for the quarter was up 27.2% on a year-over-year basis. During the same period last year, the business earned $0.25 EPS.

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

Brigham Minerals declared a None dividend on Thursday, August 4th. Stockholders of record on Friday, August 19th will be paid a dividend of $0.77 per share on Friday, August 26th. This represents a yield of 2.2%. The ex-dividend date is Thursday, August 18th. This is an increase from the stock's previous None dividend of $0.60.
Read our dividend analysis for MNRL
.

Is Brigham Minerals a good dividend stock?

Brigham Minerals (NYSE:MNRL) pays an annual dividend of $0.64 per share and currently has a dividend yield of 2.35%. The company 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 is 31.07%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MNRL will have a dividend payout ratio of 32.65% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MNRL.

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).

When did Brigham Minerals IPO?

(MNRL) raised $223 million in an IPO 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 acted 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 Horizon Kinetics Asset Management LLC (3.71%), CIBC Private Wealth Group LLC (2.27%), Victory Capital Management Inc. (0.65%), Russell Investments Group Ltd. (0.61%), Peregrine Capital Management LLC (0.48%) and Connor Clark & Lunn Investment Management Ltd. (0.33%). Insiders that own company stock include Ben M Brigham, Blake C Williams, Harold D Carter, James R Levy, John R Sult, Kari Arneil Potts, Pbra, Llc, Robert M Roosa, W Howard Keenan Jr, Warburg Pincus & Co Us, Llc and Yorktown X Associates Llc.
View institutional ownership trends
.

How do I buy shares of Brigham Minerals?

Shares of MNRL stock 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.
Compare Top Brokerages Here.

What is Brigham Minerals' stock price today?

One share of MNRL stock can currently be purchased for approximately $27.72.

How much money does Brigham Minerals make?

Brigham Minerals (NYSE:MNRL) has a market capitalization of $1.68 billion and generates $161.22 million in revenue each year. The company earns $50.28 million in net income (profit) each year or $2.06 on an earnings per share basis.

How many employees does Brigham Minerals have?

Brigham Minerals employs 44 workers across the globe.

How can I contact Brigham Minerals?

Brigham Minerals' mailing address is 5914 WEST COURTYARD DRIVE SUITE 150, AUSTIN TX, 78730. The official website for the company is www.brighamminerals.net. The company can be reached via phone at (512) 220-6350 or via email at investorrelations@brighamminerals.net.

This page (NYSE:MNRL) was last updated on 8/10/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.