NYSE:MNRL

Brigham Minerals Stock Forecast, Price & News

$15.74
-0.12 (-0.76 %)
(As of 04/22/2021 12:00 AM ET)
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Today's Range
$15.63
Now: $15.74
$16.05
50-Day Range
$13.80
MA: $15.50
$16.83
52-Week Range
$8.05
Now: $15.74
$17.05
Volume140,964 shs
Average Volume499,332 shs
Market Capitalization$892.87 million
P/E RatioN/A
Dividend Yield6.56%
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 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, 2020, it had mineral and royalty interests in approximately 61,000 net mineral acres; and owned mineral and royalty interests in 5,985 gross productive horizontal wells, which consisted of 5,398 oil wells and 587 natural gas wells. Brigham Minerals, Inc. was founded in 2012 and is based in Austin, Texas.
Brigham Minerals logo

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone512-220-6350
Employees43
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$101.51 million
Cash Flow$0.93 per share
Book Value$5.58 per share

Profitability

Net Income$21.64 million

Miscellaneous

Market Cap$892.87 million
Next Earnings Date5/6/2021 (Confirmed)
OptionableNot Optionable

Headlines

Brigham Minerals, Inc. (NYSE:MNRL) Short Interest Update
April 18, 2021 |  americanbankingnews.com
Brigham Minerals (NYSE:MNRL) Trading Down 4%
April 8, 2021 |  americanbankingnews.com
Brigham Minerals (NYSE:MNRL) Shares Gap Up to $14.79
April 6, 2021 |  americanbankingnews.com
Is MNRL A Good Stock To Buy Now?
December 18, 2020 |  finance.yahoo.com
See More Headlines

MarketRank

Overall MarketRank

1.93 out of 5 stars

Basic Materials Sector

48th out of 851 stocks

Crude Petroleum & Natural Gas Industry

19th out of 246 stocks

Analyst Opinion: 1.6Community Rank: 2.9Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
$15.74
-0.12 (-0.76 %)
(As of 04/22/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Brigham Minerals (NYSE:MNRL) Frequently Asked Questions

Is Brigham Minerals a buy right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Brigham Minerals in the last year. There are currently 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Brigham Minerals stock.
View analyst ratings for Brigham Minerals
or view top-rated stocks.

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 past winning trading ideas 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.

Are investors shorting Brigham Minerals?

Brigham Minerals saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 1,470,000 shares, an increase of 37.4% from the March 15th total of 1,070,000 shares. Based on an average daily volume of 532,800 shares, the days-to-cover ratio is presently 2.8 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 Thursday, May 6th 2021.
View our earnings forecast for Brigham Minerals
.

How can I listen to Brigham Minerals' earnings call?

Brigham Minerals will be holding an earnings conference call on Thursday, May 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Brigham Minerals' earnings last quarter?

Brigham Minerals, Inc. (NYSE:MNRL) released its quarterly earnings data on Thursday, February, 25th. The company reported ($0.87) EPS for the quarter, missing the Zacks' consensus estimate of $0.06 by $0.93. The business had revenue of $23.76 million for the quarter, compared to the consensus estimate of $25.15 million. Brigham Minerals had a positive trailing twelve-month return on equity of 1.70% and a negative net margin of 3.67%.
View Brigham Minerals' earnings history
.

How has Brigham Minerals' stock price been impacted by Coronavirus?

Brigham Minerals' stock was trading at $9.98 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MNRL stock has increased by 57.7% and is now trading at $15.74.
View which stocks have been most impacted by COVID-19
.

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

Brigham Minerals announced a quarterly dividend on Wednesday, February 24th. Stockholders of record on Friday, March 19th will be paid a dividend of $0.26 per share on Friday, March 26th. This represents a $1.04 dividend on an annualized basis and a yield of 6.61%. The ex-dividend date is Thursday, March 18th. This is a boost from Brigham Minerals's previous quarterly dividend of $0.24.
View Brigham Minerals' dividend history
.

Is Brigham Minerals a good dividend stock?

Brigham Minerals pays an annual dividend of $1.04 per share and currently has a dividend yield of 6.56%. MNRL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Brigham Minerals does not yet have a strock track record of dividend growth. The dividend payout ratio of Brigham Minerals is 182.46%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Brigham Minerals will have a dividend payout ratio of 212.24% in the coming year. This indicates that Brigham Minerals may not be able to sustain their current dividend.
View Brigham Minerals' dividend history.

What price target have analysts set for MNRL?

9 Wall Street analysts have issued 1 year price objectives for Brigham Minerals' stock. Their forecasts range from $12.00 to $18.00. On average, they expect Brigham Minerals' stock price to reach $15.11 in the next twelve months. This suggests that the stock has a possible downside of 4.0%.
View analysts' price targets for Brigham Minerals
or view top-rated stocks among Wall Street analysts.

Who are Brigham Minerals' key executives?

Brigham Minerals' management team includes the following people:
  • Mr. Robert M. Roosa, CEO & Director (Age 51, Pay $543.46k)
  • Mr. Blake C. Williams, Chief Financial Officer (Age 33, Pay $393.38k)
  • Ms. Kari A. Potts, VP, Gen. Counsel & Corp. Sec. (Age 46)
  • Mr. Kevin J. L'abbé, VP of Exploration for the Mid-Continent & Rocky Mountain Regions (Age 39)
  • Mr. A. Dax McDavid, VP of Exploration for the Permian & Williston Basins (Age 40)

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).

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 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 a number of institutional and retail investors. Top institutional shareholders include Sentry Investment Management LLC (0.09%) and Private Advisor Group LLC (0.03%). 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, W Howard Keenan Jr, 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 Sentry Investment Management LLC, and Private Advisor Group LLC. Company insiders that have sold Brigham Minerals company stock in the last year include W Howard Keenan Jr, and Warburg Pincus & Co Us, Llc.
View insider buying and selling activity for Brigham Minerals
or view top insider-selling stocks.

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 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 $15.74.

How much money does Brigham Minerals make?

Brigham Minerals has a market capitalization of $892.87 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.

How many employees does Brigham Minerals have?

Brigham Minerals employs 43 workers across the globe.

What is Brigham Minerals' official website?

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

Where are Brigham Minerals' headquarters?

Brigham Minerals is headquartered at 5914 WEST COURTYARD DRIVE SUITE 150, AUSTIN TX, 78730.

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 4/23/2021 by MarketBeat.com Staff
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