Brigham Minerals Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brigham Minerals in the last year. There are currently 1 hold rating, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Brigham Minerals stock.
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Brigham Minerals is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Brigham Minerals.

Brigham Minerals, Inc. (NYSE:MNRL) posted its earnings results on Wednesday, August, 4th. The company reported $0.25 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.22 by $0.03. Brigham Minerals had a positive trailing twelve-month return on equity of 4.17% and a negative net margin of 19.66%.
View Brigham Minerals' earnings history.

Brigham Minerals' stock was trading at $9.98 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MNRL shares have increased by 89.9% and is now trading at $18.95.
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Brigham Minerals announced a quarterly dividend on Wednesday, August 4th. Shareholders of record on Friday, August 20th will be given a dividend of $0.35 per share on Friday, August 27th. This represents a $1.40 annualized dividend and a yield of 7.39%. The ex-dividend date is Thursday, August 19th. This is a boost from Brigham Minerals's previous quarterly dividend of $0.32.
View Brigham Minerals' dividend history.

Brigham Minerals pays an annual dividend of $1.40 per share and currently has a dividend yield of 7.24%. MNRL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Brigham Minerals is 736.84%. 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 129.63% in the coming year. This indicates that Brigham Minerals may not be able to sustain their current dividend.
View Brigham Minerals' dividend history.

8 brokerages have issued 12 month price targets for Brigham Minerals' stock. Their forecasts range from $12.00 to $21.00. On average, they anticipate Brigham Minerals' stock price to reach $17.66 in the next year. This suggests that the stock has a possible downside of 6.8%.
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Some companies that are related to Brigham Minerals include PDC Energy (PDCE), Magnolia Oil & Gas (MGY), Denbury (DEN), Matador Resources (MTDR), California Resources (CRC), Viper Energy Partners (VNOM), Murphy Oil (MUR), SM Energy (SM), CNX Resources (CNX), Black Stone Minerals (BSM), Crescent Point Energy (CPG), Whiting Petroleum (WLL), Enerplus (ERF), Comstock Resources (CRK) and Oasis Petroleum (OAS).
View all of MNRL's competitors.

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).

(MNRL) raised $223 million in an 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 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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "MNRL."

Brigham Minerals' stock is owned by many different institutional and retail investors. Top institutional investors include FMR LLC (10.41%), BlackRock Inc. (8.35%), Vanguard Group Inc. (4.07%), Goldman Sachs Group Inc. (3.42%), Ranger Investment Management L.P. (2.33%) and State Street Corp (2.31%). 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.

MNRL stock was sold by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Morgan Stanley, Morgan Stanley, William Blair Investment Management LLC, Russell Investments Group Ltd., Deprince Race & Zollo Inc., State Street Corp, and CIBC Private Wealth Group LLC. Company insiders that have sold Brigham Minerals company stock in the last year include Blake C Williams, and W Howard Keenan Jr.
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MNRL stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Lakewood Capital Management LP, Goldman Sachs Group Inc., Avalon Investment & Advisory, Public Employees Retirement System of Ohio, Fisher Asset Management LLC, Geode Capital Management LLC, and Wells Fargo & Company MN. 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.

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.
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One share of MNRL stock can currently be purchased for approximately $18.95.

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.

Brigham Minerals employs 43 workers across the globe.

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

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

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].