Brigham Minerals (MNRL) Stock Price, News & Analysis

Company Overview

Brigham Minerals, Inc. owns and operates a portfolio of mineral and royalty interests in the continental United States. The company primarily holds mineral and royalty interests in the Delaware and Midland Basins in West Texas and New Mexico; the South Central Oklahoma Oil Province and Sooner Trend Anadarko Basin Canadian and Kingfisher Counties plays in the Anadarko Basin of Oklahoma; the Denver-Julesburg Basin in Colorado; and Wyoming and the Williston Basin in North Dakota. As of December 31, 2021, it had mineral and royalty interests in approximately 92,375 net royalty acres; and owned mineral and royalty interests in 8,595 gross productive horizontal wells, which consisted of 7,909 oil wells and 688 natural gas wells. The company was founded in 2012 and is headquartered in Austin, Texas.

Key Stats

• Today's Range: $32.00 to $33.50
• 50-Day Range: $31.74 to $37.03
• 52-Week Range: $20.53 to $37.79
• Volume: 3.02 million shs
• Average Volume: 520,501 shs
• Market Capitalization: $1.96 billion
• P/E Ratio: 13.32
• Dividend Yield: 1.97%
• Price Target: N/A
• Consensus Rating: N/A

Brigham Minerals Stock Analysis - MarketRank™

Brigham Minerals scored higher than 15% of companies evaluated by MarketBeat, and ranked 171st out of 184 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Brigham Minerals.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -5.00%

Earnings Growth

Earnings for Brigham Minerals are expected to decrease by -5.00% in the coming year, from $2.80 to $2.66 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Brigham Minerals is 13.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 28.10.

Price to Earnings Ratio vs. Sector

The P/E ratio of Brigham Minerals is 13.32, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 117.77.

Price to Book Value per Share Ratio

Brigham Minerals has a P/B Ratio of 2.78. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for MNRL.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Brigham Minerals pays a meaningful dividend of 1.97%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Brigham Minerals does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Brigham Minerals is 26.23%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Brigham Minerals will have a dividend payout ratio of 24.06% next year. This indicates that Brigham Minerals will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -7.81

Short Interest

There is no current short interest data available for MNRL.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

MarketBeat Follows

1 people have added Brigham Minerals to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Brigham Minerals insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 3.92% of the stock of Brigham Minerals is held by insiders.

Percentage Held by Institutions

76.33% of the stock of Brigham Minerals is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MNRL Stock Analysis - Frequently Asked Questions

How were Brigham Minerals' earnings last quarter?

Brigham Minerals, Inc. (NYSE:MNRL) announced its quarterly earnings data on Wednesday, November, 3rd. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.28 by $0.03. The business had revenue of $41.96 million for the quarter, compared to analysts' expectations of $40.50 million. Brigham Minerals had a trailing twelve-month return on equity of 18.33% and a net margin of 42.07%.

When did Brigham Minerals IPO?

Brigham Minerals (MNRL) raised $223 million in an initial public offering on Thursday, April 18th 2019. The company issued 13,500,000 shares at a price of $15.00-$18.00 per share. Credit Suiss, Goldman Sachs, Barclays, RBC Capital Markets, UBS Investment Bank and Wells Fargo Securities acted as the underwriters for the IPO and Raymond James, Seaport Global Securities, Simmons Energy and Tudor, Pickering, Holt (A Division of Piper Jaffray) were co-managers.

What other stocks do shareholders of Brigham Minerals own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Brigham Minerals investors own include AMC Entertainment (AMC), Tesla (TSLA), NVIDIA (NVDA), Meta Platforms (META), Chevron (CVX), Advanced Micro Devices (AMD) and JPMorgan Chase & Co. (JPM).

Company Calendar

• Last Earnings: 11/03/2021
• Today: 8/02/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Crude petroleum & natural gas
• Sub-Industry: N/A
• Current Symbol: NYSE:MNRL
• CIK: 1745797
• Web: www.brighamminerals.net
• Phone: (512) 220-6350
• Fax: N/A
• Employees: 44
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): $2.44
• Trailing P/E Ratio: 13.32
• Forward P/E Ratio: 11.61
• P/E Growth: N/A
• Net Income: $50.28 million
• Net Margins: 42.07%
• Pretax Margin: 63.37%
• Return on Equity: 18.33%
• Return on Assets: 15.95%

Debt

• Debt-to-Equity Ratio: 0.10
• Current Ratio: 4.59
• Quick Ratio: 4.59

Sales & Book Value

• Annual Sales: $161.22 million
• Price / Sales: 12.19
• Cash Flow: $1.46 per share
• Price / Cash Flow: 22.24
• Book Value: $11.71 per share
• Price / Book: 2.78

Miscellaneous

• Outstanding Shares: 60,446,000
• Free Float: 58,077,000
• Market Cap: $1.96 billion
• Optionable: Not Optionable
• Beta: 1.88