NYSE:MNRLBrigham Minerals Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Brigham Minerals Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $11.75 +0.53 (+4.72 %) (As of 07/14/2020 04:00 PM ET) Add Compare Share Today's Range$11.15Now: $11.75▼$11.7550-Day Range$11.02MA: $12.85▼$15.7552-Week Range$5.86Now: $11.75▼$23.29Volume469,200 shsAverage Volume529,882 shsMarket Capitalization$668.33 millionP/E Ratio33.57Dividend Yield13.19%Beta2.7 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsInsider TradesInstitutional OwnershipHeadlinesSocial Media 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™ 4.3 Analyst's Opinion Consensus RatingBrigham Minerals has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 6 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $15.13, Brigham Minerals has a potential upside of 28.7% from its current price of $11.75.Amount of Analyst CoverageBrigham Minerals has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.6 Community Rank Outperform VotesBrigham Minerals has received 51 “outperform” votes. (Add your “outperform” vote.)Underperform VotesBrigham Minerals has received 46 “underperform” votes. (Add your “underperform” vote.)Community SentimentBrigham Minerals has received 52.58% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Brigham Minerals and other stocks. Vote “Outperform” if you believe MNRL will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MNRL will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend LeadershipBrigham Minerals is a leading dividend payer. It pays a dividend yield of 13.19%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBrigham Minerals does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Brigham Minerals is 259.65%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Brigham Minerals will have a dividend payout ratio of 704.76% in the coming year. This indicates that Brigham Minerals may not be able to sustain their current dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Brigham Minerals insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $59,588,120.00 in company stock.Percentage Held by InsidersOnly 3.35% of the stock of Brigham Minerals is held by insiders.Percentage Held by Institutions68.58% of the stock of Brigham Minerals is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Brigham Minerals are expected to grow by 75.00% in the coming year, from $0.12 to $0.21 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Brigham Minerals is 33.57, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.72.Price to Earnings Ratio vs. SectorThe P/E ratio of Brigham Minerals is 33.57, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 27.07.Price to Book Value per Share RatioBrigham Minerals has a P/B Ratio of 2.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.3Community Rank: 2.6Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.29 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Crude petroleum & natural gas Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:MNRL Previous Symbol CUSIPN/A CIKN/A Webwww.brighamminerals.net Phone512-220-6350Debt Debt-to-Equity RatioN/A Current Ratio7.27 Quick Ratio7.27Price-To-Earnings Trailing P/E Ratio33.57 Forward P/E Ratio97.92 P/E GrowthN/A Sales & Book Value Annual Sales$101.51 million Price / Sales6.58 Cash Flow$0.79 per share Price / Cash Flow14.93 Book Value$5.58 per share Price / Book2.11Profitability EPS (Most Recent Fiscal Year)$0.57 Net Income$21.64 million Net Margins9.58% Return on Equity6.98% Return on Assets2.26%Miscellaneous Employees30 Outstanding Shares56,879,000Market Cap$668.33 million Next Earnings Date8/13/2020 (Estimated) OptionableNot Optionable MNRL Rates by TradingView 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. Brigham Minerals (NYSE:MNRL) Frequently Asked Questions How has Brigham Minerals' stock been impacted by COVID-19 (Coronavirus)? Brigham Minerals' stock was trading at $9.98 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MNRL stock has increased by 17.7% and is now trading at $11.75. View which stocks have been most impacted by Coronavirus. 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 4 hold ratings and 6 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, August 13th 2020. View our earnings forecast for Brigham Minerals. How were Brigham Minerals' earnings last quarter? Brigham Minerals Inc (NYSE:MNRL) issued its quarterly earnings data on Wednesday, May, 13th. The company reported $0.14 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.14. The firm had revenue of $32.28 million for the quarter, compared to analyst estimates of $29.82 million. Brigham Minerals had a net margin of 9.58% and a return on equity of 6.98%. 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, May 13th. Investors of record on Wednesday, May 27th will be given 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 12.60%. The ex-dividend date is Tuesday, May 26th. View Brigham Minerals' dividend history. What price target have analysts set for MNRL? 10 brokers have issued 1-year price targets for Brigham Minerals' stock. Their forecasts range from $11.00 to $25.00. On average, they expect Brigham Minerals' stock price to reach $15.13 in the next twelve months. This suggests a possible upside of 28.7% from the stock's current price. View analysts' price targets for Brigham Minerals. Has Brigham Minerals been receiving favorable news coverage? News articles about MNRL stock have been trending somewhat negative on Wednesday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Brigham Minerals earned a news sentiment score of -1.1 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news about Brigham Minerals. Who are some of Brigham Minerals' key competitors? Some companies that are related to Brigham Minerals include Cimarex Energy (XEC), Ovintiv (OVV), Murphy Oil (MUR), Range Resources (RRC), Magnolia Oil & Gas (MGY), CNX Resources (CNX), Viper Energy Partners (VNOM), Southwestern Energy (SWN), PDC Energy (PDCE), Black Stone Minerals (BSM), ARC Resources (AETUF), Matador Resources (MTDR), Comstock Resources (CRK), Crescent Point Energy (CPG) and Enerplus (ERF). View all 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), 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). 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 a price of $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." 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 $11.75. How big of a company is Brigham Minerals? Brigham Minerals has a market capitalization of $668.33 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 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] This page was last updated on 7/15/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
