Black Stone Minerals, L.P. which can be found using ticker (BSM) have now 6 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 23 and 16 suggesting an average Analsyt target price of $19.50. Given that the stocks previous close was at $16.55 and the analysts are correct then there would likely be a percentage uptick in value of 17.8%. It’s also worth noting that there is a 50 day moving average of $15.56 and the 200 moving average now moves to $16.22. The company has a market capitalization of $3,548m. Company Website: https://www.blackstoneminerals.com
The potential market cap would be $4,180m based on the market consensus.
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 16.8 million gross acres, and overriding royalty interests in 1.8 million gross acres located in 41 states in the United States. Black Stone Minerals, L.P. was founded in 1876 and is based in Houston, Texas.
The company has a dividend yield of 11.48% with the ex dividend date set at 11-5-2023 (DMY).
Other points of data to note are a P/E ratio of 7.8, revenue per share of 3.68 and a 23.94% return on assets.
