Black Stone Minerals L.P [BSM] stock prices are down -1.62% to $12.18 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The BSM shares have lost -8.49% over the last week, with a monthly amount drifted -8.90%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Black Stone Minerals L.P [NYSE: BSM] stock has seen the most recent analyst activity on October 24, 2023, when Raymond James downgraded its rating to a Mkt Perform. Previously, KeyBanc Capital Markets downgraded its rating to Sector Weight on March 07, 2023. On February 06, 2023, downgrade downgraded it’s rating to Outperform. KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and suggested a price target of $22 on September 20, 2022. Wells Fargo upgraded its rating to Overweight for this stock on September 03, 2021, and upped its price target to $13. In a note dated October 21, 2020, Raymond James upgraded an Strong Buy rating on this stock.
The stock price of Black Stone Minerals L.P [BSM] has been fluctuating between $12.35 and $15.81 over the past year. Currently, Wall Street analysts expect the stock to reach $15 within the next 12 months. Black Stone Minerals L.P [NYSE: BSM] shares were valued at $12.18 at the most recent close of the market. An investor can expect a potential return of 23.15% based on the average BSM price forecast.
Analyzing the BSM fundamentals
The Black Stone Minerals L.P [NYSE:BSM] reported sales of 422.10M for trailing twelve months, representing a drop of -4.30%. Gross Profit Margin for this corporation currently stands at 0.77% with Operating Profit Margin at 0.53%, Pretax Profit Margin comes in at 0.51%, and Net Profit Margin reading is 0.51%. To continue investigating profitability, this company’s Return on Assets is posted at 0.18, Equity is 0.28 and Total Capital is 0.2.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 12.08 points at the first support level, and at 11.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.32, and for the 2nd resistance point, it is at 12.46.
Ratios To Look Out For
It’s worth pointing out that Black Stone Minerals L.P [NYSE:BSM]’s Current Ratio is 1.40. On the other hand, the Quick Ratio is 1.20, and the Cash Ratio is 0.04. Considering the valuation of this stock, the price to sales ratio is 6.11, the price to book ratio is 3.37 and price to earnings (TTM) ratio is 13.24.
Transactions by insiders
Recent insider trading involved Clark Carrie Pearson, SVP, Chief Commercial Officer, that happened on May 29 ’25 when 36900.0 shares were sold. Officer, CARRIE P CLARK completed a deal on May 29 ’25 to buy 36900.0 shares. Meanwhile, CEO, President, and Chairman Carter Thomas L Jr bought 14500.0 shares on May 21 ’25.
