NYSE:MNRL Brigham Minerals Stock Forecast, Price & 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 $8.92 +0.07 (+0.79 %) (As of 09/30/2020 12:00 AM ET) Add Compare Share Today's Range$8.76Now: $8.92▼$9.0750-Day Range$8.09MA: $10.44▼$12.8252-Week Range$5.86Now: $8.92▼$21.85Volume373,321 shsAverage Volume505,580 shsMarket Capitalization$507.64 millionP/E Ratio24.78Dividend Yield6.33%Beta2.45 ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesInstitutional OwnershipHeadlinesShort InterestSocial 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™ 4.5 Analyst's Opinion Consensus RatingBrigham Minerals has received a consensus rating of Buy. The company's average rating score is 2.90, and is based on 9 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.22, Brigham Minerals has a forecasted upside of 59.4% from its current price of $8.92.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 2.8 Community Rank Outperform VotesBrigham Minerals has received 57 “outperform” votes. (Add your “outperform” vote.)Underperform VotesBrigham Minerals has received 46 “underperform” votes. (Add your “underperform” vote.)Community SentimentBrigham Minerals has received 55.34% “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 6.33%, 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 98.25%. 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 175.00% 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 22,079.59% more of their company's stock than they have bought. Specifically, they have bought $198,826.00 in company stock and sold $44,098,782.00 in company stock.Percentage Held by InsidersOnly 3.35% of the stock of Brigham Minerals is held by insiders.Percentage Held by Institutions70.81% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Brigham Minerals are expected to grow by 146.15% in the coming year, from $0.13 to $0.32 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Brigham Minerals is 24.78, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.65.Price to Earnings Ratio vs. SectorThe P/E ratio of Brigham Minerals is 24.78, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 34.81.Price to Book Value per Share RatioBrigham Minerals has a P/B Ratio of 1.60. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.5Community Rank: 2.8Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.48 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 Ratio4.48 Quick Ratio4.48Price-To-Earnings Trailing P/E Ratio24.78 Forward P/E Ratio68.62 P/E GrowthN/A Sales & Book Value Annual Sales$101.51 million Price / Sales5.00 Cash Flow$0.80 per share Price / Cash Flow11.10 Book Value$5.58 per share Price / Book1.60Profitability EPS (Most Recent Fiscal Year)$0.57 Net Income$21.64 million Net Margins8.57% Return on Equity2.51% Return on Assets1.18%Miscellaneous Employees30 Outstanding Shares56,910,000Market Cap$507.64 million Next Earnings Date11/5/2020 (Estimated) OptionableNot Optionable $8.92 +0.07 (+0.79 %) (As of 09/30/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart 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 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 decreased by 10.6% and is now trading at $8.92. View which stocks have been most impacted by COVID-19. 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 1 hold rating and 9 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, November 5th 2020. View our earnings forecast for Brigham Minerals. How were Brigham Minerals' earnings last quarter? Brigham Minerals Inc (NYSE:MNRL) announced its quarterly earnings results on Wednesday, August, 12th. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of ($0.04) by $0.07. The company earned $12.61 million during the quarter, compared to analysts' expectations of $12.88 million. Brigham Minerals had a return on equity of 2.51% and a net margin of 8.57%. 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, August 12th. Stockholders of record on Thursday, August 27th will be paid a dividend of $0.14 per share on Thursday, September 3rd. This represents a $0.56 annualized dividend and a dividend yield of 6.28%. The ex-dividend date of this dividend is Wednesday, August 26th. View Brigham Minerals' dividend history. What price target have analysts set for MNRL? 10 Wall Street analysts have issued 12-month price targets for Brigham Minerals' shares. Their forecasts range from $11.00 to $18.00. On average, they anticipate Brigham Minerals' stock price to reach $14.22 in the next twelve months. This suggests a possible upside of 59.4% from the stock's current price. View analysts' price targets for Brigham Minerals. Are investors shorting Brigham Minerals? Brigham Minerals saw a decrease in short interest in the month of September. As of September 15th, there was short interest totaling 607,400 shares, a decrease of 25.0% from the August 31st total of 809,500 shares. Based on an average trading volume of 450,000 shares, the days-to-cover ratio is currently 1.3 days. View Brigham Minerals' Short Interest. Who are some of Brigham Minerals' key competitors? Some companies that are related to Brigham Minerals include CNX Resources (CNX), Range Resources (RRC), ARC Resources (AETUF), Southwestern Energy (SWN), Murphy Oil (MUR), Magnolia Oil & Gas (MGY), Black Stone Minerals (BSM), PDC Energy (PDCE), Viper Energy Partners (VNOM), Comstock Resources (CRK), Matador Resources (MTDR), Antero Resources (AR), Crescent Point Energy (CPG), GENEL ENERGY PL/ADR (GEGYY) 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 Pfizer (PFE), Crius Energy Unt (KWH.UN), Pembina Pipeline (PBA), Brookfield Property Partners (BPY), Golar LNG Partners (GMLP), Stag Industrial (STAG), AT&T (T), Valero Energy (VLO), Suncor Energy (SU) and Brookfield Renewable Partners (BEP). 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 $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." 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 $8.92. How big of a company is Brigham Minerals? Brigham Minerals has a market capitalization of $507.64 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 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 10/1/2020 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. 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