Q1 EPS Estimates for Black Stone Minerals Reduced by KeyCorp

Black Stone Minerals, L.P. (NYSE:BSM - Free Report) - KeyCorp lowered their Q1 2025 earnings per share (EPS) estimates for Black Stone Minerals in a research report issued on Sunday, April 20th. KeyCorp analyst T. Rezvan now expects that the oil and gas producer will post earnings per share of $0.32 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.

Black Stone Minerals (NYSE:BSM - Get Free Report) last issued its quarterly earnings data on Monday, February 24th. The oil and gas producer reported $0.18 earnings per share 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.

BSM has been the topic of a number of other research reports. Royal Bank of Canada upgraded Black Stone Minerals to a "hold" rating in a research note on Friday, March 14th. StockNews.com cut Black Stone Minerals from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. Finally, Piper Sandler decreased their price target on shares of Black Stone Minerals from $16.00 to $15.00 and set a "neutral" rating on the stock in a research note on Tuesday.

Black Stone Minerals Trading Up 0.5 %

BSM stock traded up $0.07 during mid-day trading on Tuesday, hitting $14.48. 114,701 shares of the company were exchanged, compared to its average volume of 448,722. Black Stone Minerals has a 1-year low of $12.80 and a 1-year high of $16.92. The stock has a market capitalization of $3.06 billion, a PE ratio of 8.94 and a beta of 0.52. The business has a 50 day simple moving average of $14.71 and a 200-day simple moving average of $14.84.

Black Stone Minerals Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, May 8th will be paid a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 10.36%. The ex-dividend date of this dividend is Thursday, May 8th. Black Stone Minerals's payout ratio is 130.43%.

Institutional Investors Weigh In On Black Stone Minerals

A number of hedge funds and other institutional investors have recently bought and sold shares of BSM. Jones Financial Companies Lllp boosted its stake in shares of Black Stone Minerals by 100.0% during the fourth quarter. Jones Financial Companies Lllp now owns 2,000 shares of the oil and gas producer's stock valued at $29,000 after purchasing an additional 1,000 shares in the last quarter. NBC Securities Inc. boosted its position in Black Stone Minerals by 202,400.0% during the 1st quarter. NBC Securities Inc. now owns 2,025 shares of the oil and gas producer's stock worth $30,000 after buying an additional 2,024 shares during the period. JPMorgan Chase & Co. bought a new stake in Black Stone Minerals during the 3rd quarter worth approximately $76,000. State of Wyoming acquired a new position in Black Stone Minerals in the 4th quarter valued at approximately $107,000. Finally, Exchange Traded Concepts LLC raised its stake in shares of Black Stone Minerals by 1,258.8% during the first quarter. Exchange Traded Concepts LLC now owns 7,623 shares of the oil and gas producer's stock valued at $116,000 after acquiring an additional 7,062 shares during the last quarter. Institutional investors own 14.49% of the company's stock.

Black Stone Minerals Company Profile

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.