Black Stone Minerals (NYSE:BSM - Get Free Report) is expected to be posting its quarterly earnings results after the market closes on Monday, February 24th. Analysts expect Black Stone Minerals to post earnings of $0.39 per share and revenue of $115.46 million for the quarter. Persons interested in participating in the company's earnings conference call can do so using this link.
Black Stone Minerals Stock Performance
Shares of Black Stone Minerals stock traded down $0.15 during trading hours on Thursday, hitting $15.19. The company's stock had a trading volume of 432,452 shares, compared to its average volume of 434,649. Black Stone Minerals has a 12-month low of $13.78 and a 12-month high of $16.92. The business has a 50 day moving average price of $14.77 and a two-hundred day moving average price of $14.86. The company has a market cap of $3.20 billion, a PE ratio of 9.37 and a beta of 0.94.
Black Stone Minerals Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, February 25th. Investors of record on Tuesday, February 18th will be issued a $0.375 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $1.50 dividend on an annualized basis and a yield of 9.88%. Black Stone Minerals's dividend payout ratio is presently 92.59%.
Analyst Ratings Changes
Several equities analysts have recently commented on BSM shares. StockNews.com raised shares of Black Stone Minerals from a "hold" rating to a "buy" rating in a report on Monday, December 16th. Piper Sandler decreased their price target on shares of Black Stone Minerals from $15.00 to $14.00 and set a "neutral" rating on the stock in a research note on Monday, November 18th.
Read Our Latest Analysis on Black Stone Minerals
About Black Stone Minerals
(
Get Free Report)
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.
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