Black Stone Minerals (BSM) to Release Earnings on Monday

Black Stone Minerals (BSM) to Release Earnings on Monday

Black Stone Minerals (NYSE:BSM) is set to release its earnings data after the market closes on Monday, February 26th. Analysts expect Black Stone Minerals to post earnings of $0.18 per share for the quarter.

Black Stone Minerals (BSM) opened at $17.93 on Monday. Black Stone Minerals has a 1-year low of $15.12 and a 1-year high of $19.03. The firm has a market capitalization of $1,853.93, a price-to-earnings ratio of 21.09 and a beta of 0.30. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.98 and a quick ratio of 1.98.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, February 27th. Stockholders of record on Tuesday, February 20th will be issued a $0.3125 dividend. The ex-dividend date of this dividend is Friday, February 16th. This represents a $1.25 dividend on an annualized basis and a dividend yield of 6.97%. Black Stone Minerals’s dividend payout ratio (DPR) is 147.06%.

In other news, CFO Jeffrey P. Wood sold 10,810 shares of Black Stone Minerals stock in a transaction on Wednesday, January 10th. The stock was sold at an average price of $18.30, for a total value of $197,823.00. Following the completion of the sale, the chief financial officer now owns 53,031 shares of the company’s stock, valued at $970,467.30. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Luke Stevens Putman sold 23,170 shares of Black Stone Minerals stock in a transaction on Wednesday, January 10th. The shares were sold at an average price of $18.28, for a total value of $423,547.60. Following the completion of the sale, the senior vice president now directly owns 257,141 shares of the company’s stock, valued at approximately $4,700,537.48. The disclosure for this sale can be found here. 25.00% of the stock is owned by insiders.

A number of equities research analysts have recently commented on the company. Stifel Nicolaus assumed coverage on Black Stone Minerals in a research report on Wednesday, January 17th. They issued a “hold” rating and a $19.00 price objective for the company. Zacks Investment Research downgraded Black Stone Minerals from a “buy” rating to a “hold” rating in a research report on Tuesday, January 2nd. TheStreet downgraded Black Stone Minerals from a “b-” rating to a “c” rating in a research report on Monday, October 30th. Finally, Barclays set a $18.00 price objective on Black Stone Minerals and gave the company a “buy” rating in a research report on Thursday, December 14th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company’s stock. Black Stone Minerals has a consensus rating of “Hold” and a consensus price target of $19.40.

COPYRIGHT VIOLATION NOTICE: “Black Stone Minerals (BSM) to Release Earnings on Monday” was posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this news story on another publication, it was copied illegally and reposted in violation of US & international copyright & trademark legislation. The original version of this news story can be accessed at https://www.dispatchtribunal.com/2018/02/19/black-stone-minerals-bsm-to-release-earnings-on-monday.html.

About Black Stone Minerals

Black Stone Minerals, L.P. is an owner of oil and natural gas mineral interests in the United States. The Company’s principal business is maximizing the value of its existing portfolio of mineral and royalty assets through active management and expanding its asset base through acquisitions of additional mineral and royalty interests.

Earnings History for Black Stone Minerals (NYSE:BSM)

Receive News & Ratings for Black Stone Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Black Stone Minerals and related companies with MarketBeat.com's FREE daily email newsletter.

Black Stone Minerals (NYSE:BSM) is set to issue its quarterly earnings data after the market closes on Monday, February 26th. Analysts expect the company to announce earnings of $0.18 per share for the quarter.

Shares of Black Stone Minerals (BSM) opened at $17.93 on Monday. Black Stone Minerals has a 1 year low of $15.12 and a 1 year high of $19.03. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.98 and a current ratio of 1.98. The stock has a market capitalization of $1,853.93, a PE ratio of 21.09 and a beta of 0.30.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 27th. Shareholders of record on Tuesday, February 20th will be given a dividend of $0.3125 per share. This represents a $1.25 dividend on an annualized basis and a yield of 6.97%. The ex-dividend date is Friday, February 16th. Black Stone Minerals’s dividend payout ratio (DPR) is presently 147.06%.

In other news, SVP Luke Stevens Putman sold 23,170 shares of the company’s stock in a transaction dated Wednesday, January 10th. The stock was sold at an average price of $18.28, for a total value of $423,547.60. Following the completion of the sale, the senior vice president now owns 257,141 shares of the company’s stock, valued at $4,700,537.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Jeffrey P. Wood sold 10,810 shares of the company’s stock in a transaction dated Wednesday, January 10th. The stock was sold at an average price of $18.30, for a total value of $197,823.00. Following the completion of the sale, the chief financial officer now directly owns 53,031 shares of the company’s stock, valued at approximately $970,467.30. The disclosure for this sale can be found here. 25.00% of the stock is owned by corporate insiders.

BSM has been the subject of a number of research reports. Zacks Investment Research downgraded Black Stone Minerals from a “buy” rating to a “sell” rating in a research report on Thursday, October 26th. TheStreet downgraded Black Stone Minerals from a “b-” rating to a “c” rating in a research report on Monday, October 30th. Barclays set a $18.00 price target on Black Stone Minerals and gave the company a “buy” rating in a research report on Thursday, December 14th. Finally, Stifel Nicolaus initiated coverage on Black Stone Minerals in a research report on Wednesday, January 17th. They set a “hold” rating and a $19.00 price target for the company. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. Black Stone Minerals has a consensus rating of “Hold” and a consensus price target of $19.40.

ILLEGAL ACTIVITY NOTICE: “Black Stone Minerals (BSM) to Release Earnings on Monday” was originally published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this report on another site, it was copied illegally and republished in violation of U.S. & international copyright & trademark laws. The legal version of this report can be accessed at https://www.dispatchtribunal.com/2018/02/19/black-stone-minerals-bsm-to-release-earnings-on-monday.html.

About Black Stone Minerals

Black Stone Minerals, L.P. is an owner of oil and natural gas mineral interests in the United States. The Company’s principal business is maximizing the value of its existing portfolio of mineral and royalty assets through active management and expanding its asset base through acquisitions of additional mineral and royalty interests.

Earnings History for Black Stone Minerals (NYSE:BSM)

Receive News & Ratings for Black Stone Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Black Stone Minerals and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply