Brigham Minerals Stock Forecast, Price & News

$19.11
-0.08 (-0.42 %)
(As of 07/23/2021 12:00 AM ET)
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Today's Range
$18.89
$19.35
50-Day Range
$17.61
$21.76
52-Week Range
$8.05
$21.94
Volume116,363 shs
Average Volume412,560 shs
Market Capitalization$1.08 billion
P/E RatioN/A
Dividend Yield6.67%
Beta2.38
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About Brigham Minerals

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.

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MarketRank

Overall MarketRank

1.54 out of 5 stars

Basic Materials Sector

189th out of 919 stocks

Crude Petroleum & Natural Gas Industry

59th out of 270 stocks

Analyst Opinion: 1.6Community Rank: 2.8Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 0.0 5 -4 -3 -2 -1 -
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Brigham Minerals (NYSE:MNRL) Frequently Asked Questions

Is Brigham Minerals a buy right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Brigham Minerals in the last year. There are currently 7 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 buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Brigham Minerals wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Brigham Minerals?

Brigham Minerals saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 987,500 shares, a decrease of 25.8% from the June 15th total of 1,330,000 shares. Based on an average trading volume of 307,400 shares, the days-to-cover ratio is presently 3.2 days. Approximately 2.3% of the company's shares are short sold.
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, August 11th 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 Thursday, May, 6th. The company reported $0.20 EPS for the quarter, missing the Zacks' consensus estimate of $0.25 by $0.05. The firm earned $33.77 million during the quarter, compared to the consensus estimate of $30.32 million. Brigham Minerals had a positive trailing twelve-month return on equity of 1.72% and a negative net margin of 41.33%.
View Brigham Minerals' earnings history
.

How has Brigham Minerals' stock 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 shares have increased by 91.5% and is now trading at $19.11.
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 declared a quarterly dividend on Thursday, May 6th. Investors of record on Friday, May 21st will be paid a dividend of $0.32 per share on Friday, May 28th. This represents a $1.28 dividend on an annualized basis and a yield of 6.70%. The ex-dividend date of this dividend is Thursday, May 20th. This is a positive change from Brigham Minerals's previous quarterly dividend of $0.26.
View Brigham Minerals' dividend history
.

Is Brigham Minerals a good dividend stock?

Brigham Minerals pays an annual dividend of $1.28 per share and currently has a dividend yield of 6.67%. 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 strong track record of dividend growth. The dividend payout ratio of Brigham Minerals is 673.68%. 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 136.17% 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?

8 analysts have issued 12 month target prices for Brigham Minerals' shares. Their forecasts range from $12.00 to $21.00. On average, they expect Brigham Minerals' share price to reach $16.63 in the next twelve months. This suggests that the stock has a possible downside of 13.0%.
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 $566.31k)
  • Mr. Blake C. Williams, Chief Financial Officer (Age 33, Pay $410.63k)
  • Ms. Kari A. Potts, VP, Gen. Counsel, Compliance Officer & Corp. Sec. (Age 46, Pay $342.2k)
  • 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 initial public offering (IPO) on Thursday, April 18th 2019. The company issued 13,500,000 shares at a price of $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 shareholders include Eagle Global Advisors LLC (0.08%). 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, 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 buying Brigham Minerals stock?

MNRL stock was purchased by a variety of institutional investors in the last quarter, including Eagle Global Advisors LLC. Company insiders that have bought Brigham Minerals stock in the last two years include Ben M Brigham, Harold D Carter, John R Sult, and Kari Arneil Potts.
View insider buying and selling activity for Brigham Minerals
or or view top insider-buying 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 $19.11.

How much money does Brigham Minerals make?

Brigham Minerals has a market capitalization of $1.08 billion and generates $91.72 million in revenue each year. The company earns $-57,990,000.00 in net income (profit) each year or $0.19 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 7/24/2021 by MarketBeat.com Staff
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