Brigham Minerals Stock Forecast, Price & News

Brigham Minerals' stock was trading at $9.98 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MNRL shares have decreased by 13.5% and is now trading at $8.63.
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11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Brigham Minerals in the last year. There are currently 1 hold rating, 9 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
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Brigham Minerals is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
View our earnings forecast for Brigham Minerals.

Brigham Minerals will be holding an earnings conference call on Thursday, November 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Brigham Minerals Inc (NYSE:MNRL) issued its quarterly earnings data on Wednesday, August, 12th. The company reported ($0.11) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.04) by $0.07. The firm 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.

Brigham Minerals declared a quarterly dividend on Wednesday, August 12th. Shareholders 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 yield of 6.49%. The ex-dividend date of this dividend is Wednesday, August 26th.
View Brigham Minerals' dividend history.

11 brokerages have issued twelve-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 $14.30 in the next twelve months. This suggests a possible upside of 65.7% from the stock's current price.
View analysts' price targets for Brigham Minerals.

Brigham Minerals saw a increase in short interest during the month of October. As of October 15th, there was short interest totaling 1,180,000 shares, an increase of 15.7% from the September 30th total of 1,020,000 shares. Based on an average trading volume of 409,800 shares, the short-interest ratio is currently 2.9 days.
View Brigham Minerals' Short Interest.

Some companies that are related to Brigham Minerals include CNX Resources (CNX), ARC Resources (AETUF), Southwestern Energy (SWN), Black Stone Minerals (BSM), Comstock Resources (CRK), Murphy Oil (MUR), PDC Energy (PDCE), Magnolia Oil & Gas (MGY), Viper Energy Partners (VNOM), Antero Resources (AR), Matador Resources (MTDR), Crescent Point Energy (CPG), Enerplus Co. (ERF.TO) (ERF), Talos Energy (TALO) and Kosmos Energy (KOS).
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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 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.

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

Brigham Minerals' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Peregrine Capital Management LLC (0.60%), Aptus Capital Advisors LLC (0.08%), First Dallas Securities Inc. (0.02%) and Nisa Investment Advisors LLC (0.01%). 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, Robert M Roosa, 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 Aptus Capital Advisors 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.

MNRL stock was purchased by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, First Dallas Securities Inc., 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, John R Sult, Kari Arneil Potts, and Robert M Roosa.
View insider buying and selling activity 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 $8.63.

Brigham Minerals has a market capitalization of $491.13 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.

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

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]