NYSE:MNRL - Brigham Minerals Stock Price, Forecast & News

Brigham Minerals trades on the New York Stock Exchange (NYSE) under the ticker symbol "MNRL."

Brigham Minerals announced a quarterly dividend on Thursday, November 7th. Investors of record on Wednesday, November 20th will be paid a dividend of $0.33 per share on Wednesday, November 27th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 6.77%. The ex-dividend date is Tuesday, November 19th. View Brigham Minerals' Dividend History.

Brigham Minerals Inc (NYSE:MNRL) issued its earnings results on Thursday, November, 7th. The company reported $0.14 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.19 by $0.05. The firm earned $25.11 million during the quarter, compared to the consensus estimate of $25.50 million. View Brigham Minerals' Earnings History.

Brigham Minerals is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Brigham Minerals.

11 equities research analysts have issued 12 month target prices for Brigham Minerals' stock. Their forecasts range from $22.00 to $29.00. On average, they expect Brigham Minerals' stock price to reach $25.36 in the next twelve months. This suggests a possible upside of 30.0% from the stock's current price. View Analyst Price Targets for Brigham Minerals.

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

News stories about MNRL stock have trended somewhat positive this week, InfoTrie Sentiment reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Brigham Minerals earned a news impact score of 1.5 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Brigham Minerals.

Brigham Minerals saw a decline in short interest in December. As of December 31st, there was short interest totalling 757,200 shares, a decline of 29.2% from the December 15th total of 1,070,000 shares. Based on an average daily trading volume, of 426,000 shares, the days-to-cover ratio is presently 1.8 days. Approximately 4.2% of the shares of the stock are sold short. View Brigham Minerals' Current Options Chain.

Some companies that are related to Brigham Minerals include Viper Energy Partners (VNOM), Magnolia Oil & Gas (MGY), Kosmos Energy (KOS), Vermilion Energy (VET), Black Stone Minerals (BSM), Crescent Point Energy (CPG), EQT (EQT), Tellurian (TELL), ARC Resources (AETUF), Matador Resources (MTDR), DELEK GRP LTD/ADR (DGRLY), Jagged Peak Energy (JAG), Talos Energy (TALO), PDC Energy (PDCE) and CNX Resources (CNX).

Based on aggregate information from My MarketBeat watchlists, some companies that other Brigham Minerals investors own include Crius Energy Unt (KWH.UN), Golar LNG Partners (GMLP), Enterprise Products Partners (EPD), AT&T (T), Abbott Laboratories (ABT), Occidental Petroleum (OXY), Pembina Pipeline (PBA), AbbVie (ABBV), Brookfield Infrastructure Partners (BIP) and Kinder Morgan (KMI).

(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.

Brigham Minerals' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Peregrine Capital Management LLC (0.57%) and Nisa Investment Advisors LLC (0.02%). Company insiders that own Brigham Minerals stock include Ben M Brigham, Blake C Williams, Harold D Carter, James R Levy, Robert M Roosa and Yorktown X Associates Llc. View Institutional Ownership Trends for Brigham Minerals.

MNRL stock was acquired by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC and Nisa Investment Advisors LLC. Company insiders that have bought Brigham Minerals stock in the last two years include Ben M Brigham, Blake C Williams, Harold D Carter and Robert M Roosa. View Insider Buying and Selling for 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.

One share of MNRL stock can currently be purchased for approximately $19.51.

Brigham Minerals has a market capitalization of $990.60 million. Brigham Minerals employs 30 workers across the globe.View Additional Information About Brigham Minerals.

The official website for Brigham Minerals is http://www.brighamminerals.net/.

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]