Black Stone Minerals, L.P. which can be found using ticker (BSM) now have 6 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 23 and 17 suggesting an average Analsyt target price of $19.67. Given that the stocks previous close was at $14.36 and the analysts are correct then we can expect a percentage increase in value of 37.0%. The day 50 moving average is $15.78 and the 200 day moving average is $16.13. The market capitalization for the company is $3,001m. You can visit the company’s website by visiting: https://www.blackstoneminerals.com
The potential market cap would be $4,110m 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 13.28% with the ex dividend date set at 15-2-2023 (DMY).
Other points of data to note are a P/E ratio of 6.75, revenue per share of 3.68 and a 23.94% return on assets.