8/21/2025, 9:51:52 AM | www.marketbeat.com | news
Black Stone Minerals (NYSE:BSM) Hits New 52-Week Low - Time to Sell?
Black Stone Minerals (NYSE: BSM) reached a new 52-week low of $11.94 during mid-day trading on August 18, 2025, closing at $11.96, following a reported quarter with revenue of $159.49 million and earnings per share (EPS) of $0.53, which exceeded expectations. The company reported a net margin of 61.21% and a return on equity of 39.67%. Analysts have downgraded the stock, with Piper Sandler reducing its target price from $14.00 to $13.00 and assigning a 'neutral' rating, while Wall Street Zen changed its rating from 'buy' to 'hold'. The company announced a quarterly dividend of $0.30 per share, resulting in an annualized dividend of $1.20 and a yield of 10.0%, with a payout ratio of 103.45%. CEO Thomas L. Carter, Jr. purchased 9,200 shares at $12.36, increasing his ownership to 3,431,031 shares valued at $42,407,543.16, while a Senior Vice President sold 36,900 shares at $13.56, reducing their position by 18.20%. Over the past 90 days, corporate insiders collectively purchased 95,910 shares worth $1,189,002, representing 17.80% of insider holdings. Institutional investors including SVB Wealth LLC, PNC Financial Services Group Inc., NBC Securities Inc., North Capital Inc., and Motco have increased their stakes, with NBC Securities Inc. increasing its position by 202,400.0% to 2,025 shares valued at $30,000. Institutional investors currently own 14.49% of the company. The company has a debt-to-equity ratio of 0.12, current and quick ratios of 3.22, a market cap of $2.53 billion, a P/E ratio of 10.31, and a beta of 0.28. Black Stone Minerals, L.P. owns and manages oil and natural gas mineral interests across approximately 16.8 million gross acres in 41 U.S. states. The earnings were announced on August 4, 2025.