Research Analysts Set Expectations for BSM Q1 Earnings

Black Stone Minerals, L.P. (NYSE:BSM) – Equities researchers at KeyCorp issued their Q1 2027 earnings estimates for Black Stone Minerals in a note issued to investors on Tuesday, October 14th. KeyCorp analyst T. Rezvan anticipates that the oil and gas producer will post earnings per share of $0.35 for the quarter. 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 2027 earnings at $0.33 EPS, Q3 2027 earnings at $0.33 EPS and FY2027 earnings at $1.36 EPS.

A number of other equities analysts have also issued reports on BSM. Weiss Ratings restated a “hold (c-)” rating on shares of Black Stone Minerals in a research report on Wednesday, October 8th. Piper Sandler lowered their target price on shares of Black Stone Minerals from $14.00 to $13.00 and set a “neutral” rating on the stock in a research report on Thursday, August 14th. Finally, Zacks Research upgraded shares of Black Stone Minerals from a “strong sell” rating to a “hold” rating in a research report on Monday. Four analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Black Stone Minerals currently has a consensus rating of “Hold” and an average target price of $13.00.

Black Stone Minerals Stock Performance

Shares of BSM opened at $12.50 on Thursday. The company has a current ratio of 3.22, a quick ratio of 3.22 and a debt-to-equity ratio of 0.12. The firm has a market cap of $2.65 billion, a PE ratio of 10.78 and a beta of 0.24. The company’s 50 day simple moving average is $12.60 and its 200-day simple moving average is $13.19. Black Stone Minerals has a 12-month low of $11.78 and a 12-month high of $15.66.

Black Stone Minerals (NYSE:BSM) last released its quarterly earnings data on Monday, August 4th. The oil and gas producer reported $0.53 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.23. The company had revenue of $159.49 million for the quarter, compared to analysts’ expectations of $112.19 million. Black Stone Minerals had a net margin of 61.21% and a return on equity of 39.67%.

Hedge Funds Weigh In On Black Stone Minerals

A number of hedge funds and other institutional investors have recently bought and sold shares of BSM. SVB Wealth LLC purchased a new position in Black Stone Minerals in the 1st quarter valued at $25,000. PNC Financial Services Group Inc. purchased a new stake in shares of Black Stone Minerals during the 1st quarter worth $29,000. Newbridge Financial Services Group Inc. boosted its position in shares of Black Stone Minerals by 71.7% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 2,981 shares of the oil and gas producer’s stock worth $39,000 after purchasing an additional 1,245 shares in the last quarter. North Capital Inc. purchased a new stake in shares of Black Stone Minerals during the 1st quarter worth $46,000. Finally, Motco purchased a new stake in shares of Black Stone Minerals during the 2nd quarter worth $46,000. 14.49% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CEO Thomas L. Carter, Jr. acquired 27,500 shares of the stock in a transaction that occurred on Friday, August 8th. The shares were purchased at an average cost of $12.20 per share, for a total transaction of $335,500.00. Following the transaction, the chief executive officer directly owned 3,396,831 shares in the company, valued at approximately $41,441,338.20. This represents a 0.82% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. In the last 90 days, insiders have acquired 163,080 shares of company stock valued at $1,983,910. Company insiders own 17.80% of the company’s stock.

Black Stone Minerals Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 13th. Investors of record on Thursday, November 6th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 9.6%. The ex-dividend date is Thursday, November 6th. Black Stone Minerals’s dividend payout ratio (DPR) is 103.45%.

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.