Log in
NYSE:MNRL

Brigham Minerals Stock Forecast, Price & News

$9.66
+0.48 (+5.23 %)
(As of 09/18/2020 12:00 AM ET)
Add
Compare
Today's Range
$8.97
Now: $9.66
$9.74
50-Day Range
$8.09
MA: $11.03
$12.82
52-Week Range
$5.86
Now: $9.66
$22.65
Volume1.78 million shs
Average Volume511,361 shs
Market Capitalization$549.75 million
P/E Ratio26.83
Dividend Yield6.10%
Beta2.45
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 SCOOP/STACK 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, 2018, it had mineral and royalty interests in approximately 48,100 net mineral acres; and owned mineral and royalty interests in 3,355 gross productive horizontal wells, which consisted of 3,064 oil wells and 291 natural gas wells. The company also had proved undeveloped reserves of 6,923 thousand barrels of oil; 30,062 million cubic feet of natural gas; and 3,220 million barrels of natural gas liquids for a total of 15,153 thousand barrels of oil equivalent. Brigham Minerals, Inc. was founded in 2012 and is based in Austin, Texas.
Read More

Beat the Market (BTM) Rank

Analyst Opinion: 4.5Community Rank: 2.8Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.48 out of 5 stars


Industry, Sector and Symbol

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

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

Employees30
Market Cap$549.75 million
Next Earnings Date11/5/2020 (Estimated)
OptionableNot Optionable
$9.66
+0.48 (+5.23 %)
(As of 09/18/2020 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 Coronavirus (COVID-19)?

Brigham Minerals' stock was trading at $9.98 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MNRL stock has decreased by 3.2% and is now trading at $9.66.
View which stocks have been most impacted by COVID-19
.

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

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brigham Minerals in the last year. There are currently 1 hold rating and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Brigham Minerals
.

When is Brigham Minerals' next earnings date?

Brigham Minerals is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
View our earnings forecast for Brigham Minerals
.

How were Brigham Minerals' earnings last quarter?

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

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

Brigham Minerals announced a quarterly dividend on Wednesday, August 12th. Investors of record on Thursday, August 27th will be paid a dividend of $0.14 per share on Thursday, September 3rd. This represents a $0.56 dividend on an annualized basis and a yield of 5.80%. The ex-dividend date is Wednesday, August 26th.
View Brigham Minerals' dividend history
.

What price target have analysts set for MNRL?

10 equities research analysts have issued twelve-month price objectives for Brigham Minerals' shares. Their forecasts range from $11.00 to $18.00. On average, they anticipate Brigham Minerals' share price to reach $14.22 in the next year. This suggests a possible upside of 47.2% from the stock's current price.
View analysts' price targets for Brigham Minerals
.

Are investors shorting Brigham Minerals?

Brigham Minerals saw a increase in short interest in August. As of August 31st, there was short interest totaling 809,500 shares, an increase of 33.8% from the August 15th total of 605,200 shares. Based on an average daily volume of 426,600 shares, the days-to-cover ratio is currently 1.9 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), AT&T (T), Valero Energy (VLO), Stag Industrial (STAG), Suncor Energy (SU) and Brookfield Renewable Partners (BEP).

Who are Brigham Minerals' key executives?

Brigham Minerals' management team includes the following people:
  • Mr. Ben M. Brigham II, Exec. Chairman (Age 59)
  • Mr. Robert M. Roosa, Pres, CEO & Director (Age 49)
  • Mr. Blake C. Williams, Chief Financial Officer (Age 32)

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 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 retail and institutional investors. Top institutional investors include FMR LLC (6.92%), Goldman Sachs Group Inc. (3.61%), Russell Investments Group Ltd. (3.55%), Vanguard Group Inc. (3.19%), Nuveen Asset Management LLC (2.99%) and Alyeska Investment Group L.P. (1.40%). 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 institutional investors are selling Brigham Minerals stock?

MNRL stock was sold by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, Encompass Capital Advisors LLC, Sentry Investment Management LLC, PDT Partners LLC, and Two Sigma Advisers LP. 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 institutional investors are buying Brigham Minerals stock?

MNRL stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Alyeska Investment Group L.P., HITE Hedge Asset Management LLC, Vanguard Group Inc., Nuveen Asset Management LLC, Goldman Sachs Group Inc., Marshall Wace North America L.P., and Bank of America Corp DE. 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 $9.66.

How big of a company is Brigham Minerals?

Brigham Minerals has a market capitalization of $549.75 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.

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 9/20/2020 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.