Q1 EPS Forecast for Black Stone Minerals Reduced by Analyst

Black Stone Minerals, L.P. (NYSE:BSM) – Analysts at KeyCorp cut their Q1 2026 earnings per share estimates for Black Stone Minerals in a research note issued on Wednesday, April 1st. KeyCorp analyst T. Rezvan now expects that the oil and gas producer will post earnings per share of $0.21 for the quarter, down from their prior estimate 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’ Q4 2026 earnings at $0.26 EPS, FY2026 earnings at $0.87 EPS, Q1 2027 earnings at $0.31 EPS, Q2 2027 earnings at $0.29 EPS, Q3 2027 earnings at $0.30 EPS, Q4 2027 earnings at $0.32 EPS and FY2027 earnings at $1.22 EPS.

Several other equities analysts have also weighed in on BSM. Zacks Research lowered Black Stone Minerals from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 4th. Piper Sandler raised their target price on Black Stone Minerals from $13.00 to $14.00 and gave the company a “neutral” rating in a report on Thursday, March 5th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Black Stone Minerals in a report on Monday, December 29th. Four investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $14.00.

Black Stone Minerals Price Performance

NYSE BSM opened at $14.40 on Tuesday. Black Stone Minerals has a fifty-two week low of $11.78 and a fifty-two week high of $15.49. The stock’s 50-day moving average is $15.07 and its two-hundred day moving average is $14.12. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.88 and a quick ratio of 3.88. The firm has a market cap of $3.06 billion, a P/E ratio of 11.25 and a beta of 0.19.

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

Institutional Investors Weigh In On Black Stone Minerals

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Doliver Advisors LP grew its position in shares of Black Stone Minerals by 2.5% in the fourth quarter. Doliver Advisors LP now owns 35,024 shares of the oil and gas producer’s stock valued at $465,000 after purchasing an additional 850 shares during the last quarter. Farther Finance Advisors LLC grew its position in shares of Black Stone Minerals by 61.0% in the fourth quarter. Farther Finance Advisors LLC now owns 2,375 shares of the oil and gas producer’s stock valued at $32,000 after purchasing an additional 900 shares during the last quarter. MAS Advisors LLC grew its position in shares of Black Stone Minerals by 3.5% in the third quarter. MAS Advisors LLC now owns 27,089 shares of the oil and gas producer’s stock valued at $356,000 after purchasing an additional 913 shares during the last quarter. Redhawk Wealth Advisors Inc. grew its position in shares of Black Stone Minerals by 8.8% in the third quarter. Redhawk Wealth Advisors Inc. now owns 11,416 shares of the oil and gas producer’s stock valued at $150,000 after purchasing an additional 927 shares during the last quarter. Finally, Avidian Wealth Enterprises LLC grew its position in shares of Black Stone Minerals by 3.4% in the third quarter. Avidian Wealth Enterprises LLC now owns 30,000 shares of the oil and gas producer’s stock valued at $394,000 after purchasing an additional 1,000 shares during the last quarter. 14.49% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, SVP Luke Stevens Putman sold 29,386 shares of the firm’s stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $14.45, for a total value of $424,627.70. Following the sale, the senior vice president directly owned 732,031 shares of the company’s stock, valued at approximately $10,577,847.95. This trade represents a 3.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 17.80% of the company’s stock.

Black Stone Minerals Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Wednesday, February 18th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 8.3%. The ex-dividend date of this dividend was Wednesday, February 18th. Black Stone Minerals’s dividend payout ratio (DPR) is currently 93.75%.

More Black Stone Minerals News

Here are the key news stories impacting Black Stone Minerals this week:

• Positive Sentiment: Seeking Alpha ran a bullish feature highlighting Black Stone Minerals’ exposure to rising data‑center energy demand and positioning the mineral-owner to benefit from long‑term electricity and fuel consumption tailwinds. This piece supports a longer‑term growth narrative that could attract strategic or thematic buyers. Black Stone Minerals: Built For The Data Center Energy Boom
• Neutral Sentiment: Insider sale — SVP Luke Stevens Putman sold 29,386 shares at an average $14.45 (value ~$424.6k) and still holds 732,031 shares (~$10.6M). The sale was disclosed to the SEC. Because the holding remains large, this transaction reads more as liquidity-taking than a signal of loss of confidence. SEC Form 4
• Negative Sentiment: KeyCorp cut multiple near‑term and FY EPS forecasts for BSM in a research note (issued April 1). The bank trimmed FY2026 EPS from $1.20 to $0.87 and FY2027 from $1.46 to $1.22 and lowered several quarterly estimates (e.g., Q1 2026 to $0.21 from $0.28; Q1 2027 to $0.31 from $0.37). Those downward revisions reduce near‑term earnings expectations and are the primary negative catalyst likely weighing on the stock today.

About Black Stone Minerals

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.