KeyCorp Equities Analysts Reduce Earnings Estimates for BSM

Black Stone Minerals, L.P. (NYSE:BSM) – Research analysts at KeyCorp dropped their Q2 2026 earnings per share estimates for shares of Black Stone Minerals in a report issued on Wednesday, April 1st. KeyCorp analyst T. Rezvan now forecasts that the oil and gas producer will earn $0.19 per share for the quarter, down from their previous estimate of $0.28. The consensus estimate for Black Stone Minerals’ current full-year earnings is $1.36 per share. KeyCorp also issued estimates for Black Stone Minerals’ Q3 2026 earnings at $0.21 EPS.

Black Stone Minerals (NYSE:BSM) last announced its earnings results on Monday, February 23rd. The oil and gas producer reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.04. Black Stone Minerals had a return on equity of 43.31% and a net margin of 62.26%.The firm had revenue of $118.70 million for the quarter, compared to the consensus estimate of $98.08 million.

BSM has been the subject of several other reports. Piper Sandler increased their price objective on shares of Black Stone Minerals from $13.00 to $14.00 and gave the company a “neutral” rating in a research report on Thursday, March 5th. Weiss Ratings reissued a “hold (c-)” rating on shares of Black Stone Minerals in a research report on Monday, December 29th. Finally, Zacks Research lowered shares of Black Stone Minerals from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 4th. Four analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Black Stone Minerals currently has a consensus rating of “Hold” and an average price target of $14.00.

Black Stone Minerals Price Performance

Shares of NYSE BSM opened at $14.65 on Friday. Black Stone Minerals has a fifty-two week low of $11.78 and a fifty-two week high of $15.49. The company has a market cap of $3.11 billion, a PE ratio of 11.44 and a beta of 0.19. The company has a debt-to-equity ratio of 0.19, a quick ratio of 3.88 and a current ratio of 3.88. The business has a 50-day simple moving average of $15.08 and a two-hundred day simple moving average of $14.09.

Black Stone Minerals Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Wednesday, February 18th were issued a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, February 18th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 8.2%. Black Stone Minerals’s dividend payout ratio is currently 93.75%.

Insider Activity

In other news, SVP Luke Stevens Putman sold 30,276 shares of the firm’s stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $15.25, for a total value of $461,709.00. Following the completion of the transaction, the senior vice president directly owned 761,417 shares in the company, valued at $11,611,609.25. This trade represents a 3.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 17.80% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Black Stone Minerals

Several hedge funds and other institutional investors have recently bought and sold shares of BSM. Citigroup Inc. lifted its stake in Black Stone Minerals by 36.2% during the 3rd quarter. Citigroup Inc. now owns 347,200 shares of the oil and gas producer’s stock valued at $4,562,000 after acquiring an additional 92,193 shares during the period. Alps Advisors Inc. acquired a new stake in shares of Black Stone Minerals in the third quarter worth $478,000. Americana Partners LLC purchased a new position in shares of Black Stone Minerals during the third quarter worth $532,000. Investment Management Associates Inc. ADV raised its holdings in shares of Black Stone Minerals by 22.6% during the third quarter. Investment Management Associates Inc. ADV now owns 1,934,739 shares of the oil and gas producer’s stock worth $25,422,000 after purchasing an additional 356,852 shares during the last quarter. Finally, Corient Private Wealth LLC lifted its position in Black Stone Minerals by 50.2% during the second quarter. Corient Private Wealth LLC now owns 174,476 shares of the oil and gas producer’s stock valued at $2,282,000 after purchasing an additional 58,277 shares during the period. Institutional investors and hedge funds own 14.49% of the company’s stock.

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.