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 Add Compare Share Today's Range N/A50-Day Range$11.02MA: $11.84▼$12.7152-Week Range N/AVolume7,865 shsAverage Volume310,842 shsMarket Capitalization$687.67 millionP/E Ratio18.32Dividend Yield12.24%Beta2.52 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsInsider 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 7 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.38, Brigham Minerals has a potential upside of ∞ from its current price of $0.00.Amount of Analyst CoverageBrigham Minerals has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.7 Community Rank Outperform VotesBrigham Minerals has received 55 “outperform” votes. (Add your “outperform” vote.)Underperform VotesBrigham Minerals has received 46 “underperform” votes. (Add your “underperform” vote.)Community SentimentBrigham Minerals has received 54.46% “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 12.24%, 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 352.38% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Brigham Minerals are expected to grow by 82.61% in the coming year, from $0.23 to $0.42 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Brigham Minerals is 18.32, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.42.Price to Earnings Ratio vs. SectorThe P/E ratio of Brigham Minerals is 18.32, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 23.52. Previous Next Analyst Opinion: 4.5Community Rank: 2.7Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.46 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 Ratio18.32 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$101.51 million Price / Sales0.00 Cash FlowN/A Price / Cash Flow15.68 Book Value$5.58 per share Price / BookN/AProfitability 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 Shares56,880,000Market Cap$687.67 million Next Earnings Date8/12/2020 (Confirmed) OptionableNot Optionable 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 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 2 hold ratings, 7 buy ratings and 1 strong buy rating 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 Wednesday, August 12th 2020. View our earnings forecast for Brigham Minerals. How can I listen to Brigham Minerals' earnings call? Brigham Minerals will be holding an earnings conference call on Wednesday, August 12th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available. How were Brigham Minerals' earnings last quarter? Brigham Minerals Inc (NYSE:MNRL) released its earnings results on Wednesday, May, 13th. The company reported $0.14 EPS for the quarter, meeting the Zacks' consensus estimate of $0.14. The company earned $32.28 million during the quarter, compared to analysts' expectations of $29.82 million. Brigham Minerals had a return on equity of 6.98% and a net margin of 9.58%. 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. Shareholders of record on Wednesday, May 27th will be paid a dividend of $0.37 per share on Wednesday, June 3rd. This represents a $1.48 dividend on an annualized basis and a dividend yield of ∞. The ex-dividend date of this dividend is Tuesday, May 26th. View Brigham Minerals' dividend history. What price target have analysts set for MNRL? 10 equities research analysts have issued 12 month price targets for Brigham Minerals' shares. Their forecasts range from $11.00 to $18.00. On average, they expect Brigham Minerals' share price to reach $14.38 in the next twelve months. View analysts' price targets for Brigham Minerals. Has Brigham Minerals been receiving favorable news coverage? News coverage about MNRL stock has trended neutral on Tuesday, InfoTrie reports. The research firm ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Brigham Minerals earned a coverage optimism score of 0.2 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news about Brigham Minerals. Are investors shorting Brigham Minerals? Brigham Minerals saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 762,600 shares, an increase of 37.8% from the January 31st total of 553,400 shares. Based on an average daily volume of 500,000 shares, the days-to-cover ratio is presently 1.5 days. View Brigham Minerals' Short Interest. Who are some of Brigham Minerals' key competitors? Some companies that are related to Brigham Minerals include Murphy Oil (MUR), Range Resources (RRC), CNX Resources (CNX), Viper Energy Partners (VNOM), Magnolia Oil & Gas (MGY), Southwestern Energy (SWN), PDC Energy (PDCE), ARC Resources (AETUF), Black Stone Minerals (BSM), Matador Resources (MTDR), Comstock Resources (CRK), Antero Resources (AR), Crescent Point Energy (CPG), Enerplus (ERF) and Vermilion Energy (VET). 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), Pfizer (PFE), AT&T (T), Pembina Pipeline (PBA), Golar LNG Partners (GMLP), Enterprise Products Partners (EPD), AbbVie (ABBV), Occidental Petroleum (OXY), TELUS (TU) and Dominion Energy (D). 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 (IPO) 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. 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 a variety of retail and institutional investors. Top institutional investors include Russell Investments Group Ltd. (3.55%), Peregrine Capital Management LLC (0.51%), Sentry Investment Management LLC (0.25%), Aptus Capital Advisors LLC (0.17%), Swiss National Bank (0.15%) and First Trust Advisors LP (0.10%). Company insiders that own Brigham Minerals stock include Ben M Brigham, Blake C Williams, Harold D Carter, James R Levy, John R Sult, Robert M Roosa, Warburg Pincus & Co Us, Llc and Yorktown X Associates Llc. View institutional ownership trends for Brigham Minerals. Which major investors are selling Brigham Minerals stock? MNRL stock was sold by a variety of institutional investors in the last quarter, including Sentry Investment Management LLC. Company insiders that have sold Brigham Minerals company stock in the last year include James R Levy, Warburg Pincus & Co Us, Llc, and Yorktown X Associates Llc. View insider buying and selling activity for Brigham Minerals. Which major investors are buying Brigham Minerals stock? MNRL stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Aptus Capital Advisors LLC, Swiss National Bank, New York State Common Retirement Fund, SG Americas Securities LLC, M&T Bank Corp, Peregrine Capital Management LLC, and First Trust Advisors LP. Company insiders that have bought Brigham Minerals stock in the last two years include Ben M Brigham, Blake C Williams, Harold D Carter, John R Sult, and Robert M Roosa. View insider buying and selling activity for Brigham Minerals. 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. How big of a company is Brigham Minerals? Brigham Minerals has a market capitalization of $0.00 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 8/11/2020 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
