Q2 EPS Forecast for Black Stone Minerals Cut by Analyst

Black Stone Minerals, L.P. (NYSE:BSM) – Investment analysts at KeyCorp lowered their Q2 2026 earnings per share estimates for shares of Black Stone Minerals in a note issued to investors on Wednesday, April 1st. KeyCorp analyst T. Rezvan now forecasts that the oil and gas producer will earn $0.19 per share for the quarter, down from their previous forecast of $0.28. The consensus estimate for Black Stone Minerals’ current full-year earnings is $1.36 per share. KeyCorp also issued estimates for Black Stone Minerals’ Q3 2026 earnings at $0.21 EPS.

Black Stone Minerals (NYSE:BSM) last released its earnings results on Monday, February 23rd. The oil and gas producer reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.04. The business had revenue of $118.70 million during the quarter, compared to the consensus estimate of $98.08 million. Black Stone Minerals had a return on equity of 43.31% and a net margin of 62.26%.

BSM has been the subject of a number of other research reports. Zacks Research lowered shares of Black Stone Minerals from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 4th. Weiss Ratings restated a “hold (c-)” rating on shares of Black Stone Minerals in a research note on Monday, December 29th. Finally, Piper Sandler raised their target price on shares of Black Stone Minerals from $13.00 to $14.00 and gave the stock a “neutral” rating in a research report on Thursday, March 5th. Four equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $14.00.

Black Stone Minerals Trading Down 0.0%

NYSE BSM opened at $14.65 on Friday. The company’s 50-day moving average price is $15.08 and its 200-day moving average price is $14.08. The company has a current ratio of 3.88, a quick ratio of 3.88 and a debt-to-equity ratio of 0.19. The stock has a market cap of $3.11 billion, a PE ratio of 11.44 and a beta of 0.19. Black Stone Minerals has a 12 month low of $11.78 and a 12 month high of $15.49.

Hedge Funds Weigh In On Black Stone Minerals

Large investors have recently made changes to their positions in the business. Morgan Stanley boosted its position in shares of Black Stone Minerals by 57.1% in the 4th quarter. Morgan Stanley now owns 7,107,673 shares of the oil and gas producer’s stock worth $94,461,000 after purchasing an additional 2,582,823 shares in the last quarter. Northwestern University acquired a new position in Black Stone Minerals during the 4th quarter valued at about $15,671,000. Saber Capital Managment LLC acquired a new position in Black Stone Minerals during the 4th quarter valued at about $8,389,000. Investment Management Associates Inc. ADV raised its stake in Black Stone Minerals by 22.6% in the third quarter. Investment Management Associates Inc. ADV now owns 1,934,739 shares of the oil and gas producer’s stock valued at $25,422,000 after buying an additional 356,852 shares during the last quarter. Finally, ING Groep NV raised its stake in Black Stone Minerals by 216.6% in the third quarter. ING Groep NV now owns 509,700 shares of the oil and gas producer’s stock valued at $6,697,000 after buying an additional 348,700 shares during the last quarter. 14.49% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, SVP Luke Stevens Putman sold 30,276 shares of the stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $15.25, for a total transaction of $461,709.00. Following the completion of the sale, the senior vice president owned 761,417 shares of the company’s stock, valued at $11,611,609.25. This represents a 3.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 17.80% of the stock is owned by insiders.

Black Stone Minerals Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Investors of record on Wednesday, February 18th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 8.2%. The ex-dividend date was Wednesday, February 18th. Black Stone Minerals’s payout ratio is 93.75%.

Black Stone Minerals Company Profile

Black Stone Minerals L.P. (NYSE: BSM) is a publicly traded limited partnership that acquires and manages oil and natural gas mineral interests and producing royalty interests across the United States. The company’s business model centers on holding fractional ownership in subsurface mineral estates, which allows it to earn royalty income from hydrocarbon production without taking on the capital expenditures or operating risks associated with exploration and development.

Founded in 1876 and headquartered in Houston, Texas, Black Stone Minerals has built a diversified portfolio spanning key U.S.