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S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
NYSE:MNRL

Brigham Minerals Stock Forecast, Price & News

$25.41
+0.78 (+3.17%)
(As of 07/1/2022 08:44 PM ET)
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Today's Range
$24.30
$25.46
50-Day Range
$23.68
$33.14
52-Week Range
$16.51
$33.64
Volume
372,900 shs
Average Volume
564,274 shs
Market Capitalization
$1.54 billion
P/E Ratio
16.61
Dividend Yield
2.52%
Price Target
$34.40

Brigham Minerals MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
35.4% Upside
$34.40 Price Target
Short Interest
Healthy
2.31% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-9.02
Upright™ Environmental Score
News Sentiment
0.12mentions of Brigham Minerals in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$24.65 M Sold Last Quarter
Proj. Earnings Growth
-17.99%
From $2.89 to $2.37 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.45 out of 5 stars

Basic Materials Sector

39th out of 241 stocks

Crude Petroleum & Natural Gas Industry

19th out of 121 stocks

30 days | 90 days | 365 days | Advanced Chart

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Brigham Minerals logo

About Brigham Minerals (NYSE:MNRL) Stock

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 Delaware and Midland Basins in West Texas and New Mexico; the South Central Oklahoma Oil Province and Sooner Trend Anadarko Basin Canadian and Kingfisher Counties 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, 2021, it had mineral and royalty interests in approximately 92,375 net royalty acres; and owned mineral and royalty interests in 8,595 gross productive horizontal wells, which consisted of 7,909 oil wells and 688 natural gas wells. The company was founded in 2012 and is headquartered in Austin, Texas.

MNRL Stock News Headlines

Expert Ratings for Brigham Minerals
Best Momentum Stocks to Buy for May 23rd
Brigham Minerals, Inc. Tops Q1 EPS by 19c
What 8 Analyst Ratings Have To Say About Brigham Minerals
Best Momentum Stocks to Buy for April 13th
What 6 Analyst Ratings Have To Say About Brigham Minerals
See More Headlines

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Fax
N/A
Employees
44
Year Founded
N/A

Company Calendar

Last Earnings
5/04/2022
Ex-Dividend for 5/27 Dividend
5/19/2022
Dividend Payable
5/27/2022
Today
7/03/2022
Next Earnings (Estimated)
8/03/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$34.40
High Stock Price Forecast
$44.00
Low Stock Price Forecast
$28.00
Forecasted Upside/Downside
+35.4%
Consensus Rating
Buy
Rating Score (0-4)
3
Research Coverage
4 Analysts

Profitability

Net Income
$50.28 million
Pretax Margin
57.88%

Debt

Sales & Book Value

Annual Sales
$161.22 million
Cash Flow
$1.46 per share
Book Value
$11.71 per share

Miscellaneous

Free Float
58,150,000
Market Cap
$1.54 billion
Optionable
Not Optionable
Beta
1.97














Brigham Minerals Frequently Asked Questions

Should I buy or sell Brigham Minerals stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Brigham Minerals in the last twelve months. There are currently 1 hold rating, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Brigham Minerals stock.
View analyst ratings for Brigham Minerals
or view top-rated stocks.

What is Brigham Minerals' stock price forecast for 2022?

4 brokerages have issued 12-month price targets for Brigham Minerals' stock. Their MNRL stock forecasts range from $28.00 to $44.00. On average, they anticipate Brigham Minerals' share price to reach $34.40 in the next year. This suggests a possible upside of 35.4% from the stock's current price.
View analysts' price targets for Brigham Minerals
or view top-rated stocks among Wall Street analysts.

How has Brigham Minerals' stock performed in 2022?

Brigham Minerals' stock was trading at $21.09 at the beginning of the year. Since then, MNRL shares have increased by 20.5% and is now trading at $25.41.
View the best growth stocks for 2022 here
.

Are investors shorting Brigham Minerals?

Brigham Minerals saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 1,400,000 shares, an increase of 18.6% from the May 31st total of 1,180,000 shares. Based on an average trading volume of 639,400 shares, the short-interest ratio is presently 2.2 days.
View Brigham Minerals' Short Interest
.

When is Brigham Minerals' next earnings date?

Brigham Minerals is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022.
View our earnings forecast for Brigham Minerals
.

How were Brigham Minerals' earnings last quarter?

Brigham Minerals, Inc. (NYSE:MNRL) issued its earnings results on Wednesday, May, 4th. The company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.16. The company had revenue of $71.43 million for the quarter, compared to analyst estimates of $55.22 million. Brigham Minerals had a trailing twelve-month return on equity of 10.56% and a net margin of 36.54%.
View Brigham Minerals' earnings history
.

How often does Brigham Minerals pay dividends? What is the dividend yield for Brigham Minerals?

Brigham Minerals announced a None dividend on Wednesday, May 4th. Stockholders of record on Friday, May 20th will be given a dividend of $0.60 per share on Friday, May 27th. This represents a yield of 2.2%. The ex-dividend date of this dividend is Thursday, May 19th. This is a positive change from Brigham Minerals's previous None dividend of $0.14.
View Brigham Minerals' dividend history
.

Is Brigham Minerals a good dividend stock?

Brigham Minerals(NYSE:MNRL) pays an annual dividend of $0.64 per share and currently has a dividend yield of 2.52%. Brigham Minerals has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Brigham Minerals is 41.83%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Brigham Minerals will have a dividend payout ratio of 27.00% next year. This indicates that Brigham Minerals will be able to sustain or increase its dividend.
View Brigham Minerals' dividend history.

Who are Brigham Minerals' key executives?

Brigham Minerals' management team includes the following people:
  • Mr. Robert M. Roosa, CEO & Director (Age 52, Pay $566.66k)
  • Mr. Blake C. Williams, Chief Financial Officer (Age 35, Pay $411.1k) (LinkedIn Profile)
  • Ms. Kari A. Potts, VP, Gen. Counsel, Compliance Officer & Corp. Sec. (Age 46, Pay $360.27k)
  • Mr. Ivan Alexandrov Gaidarov, VP & Chief Accounting Officer (Age 50)
  • Jacob Sexton, Mang. of Fin. & Investor Relations
  • Mr. A. Dax McDavid, Sr. VP of Exploration (Age 41)
  • Hamilton W. Hogsett, Sr. VP of Reservoir Engineering
  • Mr. Kevin J. L'abbé, VP of Exploration for the Mid-Continent & Rocky Mountain Regions (Age 40)

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), 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).

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Brigham Minerals' stock price today?

One share of MNRL stock can currently be purchased for approximately $25.41.

How much money does Brigham Minerals make?

Brigham Minerals (NYSE:MNRL) has a market capitalization of $1.54 billion and generates $161.22 million in revenue each year. The company earns $50.28 million in net income (profit) each year or $1.529990 on an earnings per share basis.

How many employees does Brigham Minerals have?

Brigham Minerals employs 44 workers across the globe.

How can I contact Brigham Minerals?

Brigham Minerals' mailing address is 5914 WEST COURTYARD DRIVE SUITE 150, AUSTIN TX, 78730. The official website for Brigham Minerals is www.brighamminerals.net. The company can be reached via phone at (512) 220-6350 or via email at investorrelations@brighamminerals.net.

This page (NYSE:MNRL) was last updated on 7/4/2022 by MarketBeat.com Staff

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