KeyCorp Predicts Higher Earnings for Black Stone Minerals

Black Stone Minerals, L.P. (NYSE:BSM) – Equities research analysts at KeyCorp boosted their Q1 2027 earnings per share estimates for Black Stone Minerals in a research report issued to clients and investors on Thursday, January 15th. KeyCorp analyst T. Rezvan now expects that the oil and gas producer will post earnings of $0.37 per share for the quarter, up from their prior forecast of $0.35. KeyCorp currently has a “Sector Weight” rating on the stock. The consensus estimate for Black Stone Minerals’ current full-year earnings is $1.36 per share. KeyCorp also issued estimates for Black Stone Minerals’ Q2 2027 earnings at $0.36 EPS, Q3 2027 earnings at $0.36 EPS, Q4 2027 earnings at $0.38 EPS and FY2027 earnings at $1.46 EPS.

Several other equities research analysts have also recently commented on BSM. Zacks Research raised Black Stone Minerals from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 6th. Weiss Ratings restated a “hold (c-)” rating on shares of Black Stone Minerals in a research report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Black Stone Minerals currently has an average rating of “Hold” and a consensus price target of $13.00.

Black Stone Minerals Stock Performance

BSM stock opened at $14.08 on Monday. The company has a 50 day moving average price of $13.85 and a 200 day moving average price of $13.11. Black Stone Minerals has a fifty-two week low of $11.78 and a fifty-two week high of $15.60. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.37 and a quick ratio of 4.37. The stock has a market capitalization of $2.98 billion, a PE ratio of 12.24 and a beta of 0.13.

Black Stone Minerals (NYSE:BSM) last announced its earnings results on Monday, November 3rd. The oil and gas producer reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.12. Black Stone Minerals had a net margin of 61.31% and a return on equity of 40.08%. The company had revenue of $132.47 million during the quarter, compared to the consensus estimate of $106.20 million.

Hedge Funds Weigh In On Black Stone Minerals

Several institutional investors have recently modified their holdings of the stock. Investment Management Associates Inc. ADV grew its stake in Black Stone Minerals by 22.6% in the third quarter. Investment Management Associates Inc. ADV now owns 1,934,739 shares of the oil and gas producer’s stock valued at $25,422,000 after acquiring an additional 356,852 shares during the period. ING Groep NV raised its position in shares of Black Stone Minerals by 216.6% during the third quarter. ING Groep NV now owns 509,700 shares of the oil and gas producer’s stock worth $6,697,000 after purchasing an additional 348,700 shares during the period. CIBC Bancorp USA Inc. bought a new position in shares of Black Stone Minerals during the 3rd quarter valued at about $3,512,000. Kempner Capital Management Inc. grew its position in shares of Black Stone Minerals by 52.3% in the 2nd quarter. Kempner Capital Management Inc. now owns 759,343 shares of the oil and gas producer’s stock valued at $9,932,000 after purchasing an additional 260,727 shares during the period. Finally, Jump Financial LLC acquired a new position in shares of Black Stone Minerals in the 2nd quarter valued at approximately $1,230,000. 14.49% of the stock is currently owned by institutional investors and hedge funds.

Black Stone Minerals Company Profile

Black Stone Minerals L.P. (NYSE: BSM) is a publicly traded limited partnership that acquires and manages oil and natural gas mineral interests and producing royalty interests across the United States. The company’s business model centers on holding fractional ownership in subsurface mineral estates, which allows it to earn royalty income from hydrocarbon production without taking on the capital expenditures or operating risks associated with exploration and development.

Founded in 1876 and headquartered in Houston, Texas, Black Stone Minerals has built a diversified portfolio spanning key U.S.