Q1 EPS Estimates for Black Stone Minerals Reduced by KeyCorp

Black Stone Minerals, L.P. (NYSE:BSM) – KeyCorp dropped their Q1 2025 earnings per share (EPS) estimates for Black Stone Minerals in a note issued to investors on Sunday, April 20th. KeyCorp analyst T. Rezvan now forecasts that the oil and gas producer will post earnings of $0.32 per share for the quarter, down from their prior forecast of $0.36. The consensus estimate for Black Stone Minerals’ current full-year earnings is $1.36 per share. KeyCorp also issued estimates for Black Stone Minerals’ Q2 2025 earnings at $0.31 EPS, Q3 2025 earnings at $0.32 EPS, Q4 2025 earnings at $0.33 EPS, FY2025 earnings at $1.28 EPS, Q1 2026 earnings at $0.34 EPS, Q2 2026 earnings at $0.32 EPS, Q3 2026 earnings at $0.33 EPS, Q4 2026 earnings at $0.34 EPS and FY2026 earnings at $1.33 EPS.

Several other analysts have also recently weighed in on the company. StockNews.com cut Black Stone Minerals from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. Piper Sandler reduced their target price on shares of Black Stone Minerals from $16.00 to $15.00 and set a “neutral” rating on the stock in a report on Tuesday. Finally, Royal Bank of Canada raised shares of Black Stone Minerals to a “hold” rating in a research note on Friday, March 14th.

Black Stone Minerals Stock Up 1.0 %

Shares of BSM stock opened at $14.47 on Tuesday. Black Stone Minerals has a twelve month low of $12.80 and a twelve month high of $16.92. The stock’s fifty day simple moving average is $14.75 and its 200 day simple moving average is $14.85. The firm has a market capitalization of $3.06 billion, a P/E ratio of 8.93 and a beta of 0.52.

Black Stone Minerals (NYSE:BSM) last issued its quarterly earnings data on Monday, February 24th. The oil and gas producer reported $0.18 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.21). Black Stone Minerals had a net margin of 67.54% and a return on equity of 41.49%. The company had revenue of $83.73 million during the quarter, compared to the consensus estimate of $115.46 million.

Institutional Trading of Black Stone Minerals

Several institutional investors have recently added to or reduced their stakes in the stock. Cresset Asset Management LLC raised its holdings in Black Stone Minerals by 500.5% during the 4th quarter. Cresset Asset Management LLC now owns 596,853 shares of the oil and gas producer’s stock worth $8,714,000 after purchasing an additional 497,457 shares during the last quarter. Investment Management Associates Inc. ADV raised its stake in Black Stone Minerals by 30.8% during the fourth quarter. Investment Management Associates Inc. ADV now owns 1,544,182 shares of the oil and gas producer’s stock worth $22,545,000 after buying an additional 363,962 shares during the last quarter. Aptus Capital Advisors LLC bought a new position in Black Stone Minerals during the fourth quarter worth $4,876,000. Northern Trust Corp acquired a new position in Black Stone Minerals in the fourth quarter valued at $4,428,000. Finally, Raymond James Financial Inc. bought a new stake in Black Stone Minerals during the fourth quarter valued at $4,211,000. 14.49% of the stock is currently owned by institutional investors.

Black Stone Minerals Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 8th will be given a dividend of $0.375 per share. The ex-dividend date of this dividend is Thursday, May 8th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 10.37%. Black Stone Minerals’s dividend payout ratio (DPR) is 130.43%.

About Black Stone Minerals

Black Stone Minerals, L.P., together with its subsidiaries, owns and manages oil and natural gas mineral interests. It owns mineral interests in approximately 16.8 million gross acres, nonparticipating royalty interests in 1.8 million gross acres, and overriding royalty interests in 1.6 million gross acres located in 41 states in the United States.