Somewhat Positive Media Coverage Somewhat Unlikely to Affect Black Stone Minerals (BSM) Stock Price

Media coverage about Black Stone Minerals (NYSE:BSM) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Black Stone Minerals earned a news impact score of 0.19 on Accern’s scale. Accern also gave media headlines about the oil and gas producer an impact score of 47.0226861319623 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Shares of Black Stone Minerals (NYSE:BSM) traded down $0.25 during trading on Wednesday, reaching $17.20. 50,778 shares of the company’s stock were exchanged, compared to its average volume of 162,680. The company has a market cap of $1,842.24, a price-to-earnings ratio of 17.37 and a beta of 0.37. Black Stone Minerals has a 1-year low of $15.12 and a 1-year high of $19.03. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.47 and a current ratio of 1.47.

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The company also recently declared a quarterly dividend, which was paid on Tuesday, February 27th. Shareholders of record on Tuesday, February 20th were issued a $0.3125 dividend. This represents a $1.25 dividend on an annualized basis and a yield of 7.27%. The ex-dividend date of this dividend was Friday, February 16th. Black Stone Minerals’s dividend payout ratio (DPR) is presently 126.26%.

BSM has been the topic of several recent research reports. Zacks Investment Research lowered shares of Black Stone Minerals from a “buy” rating to a “hold” rating in a report on Monday, January 22nd. Barclays set a $18.00 target price on shares of Black Stone Minerals and gave the company a “buy” rating in a report on Thursday, December 14th. Finally, Stifel Nicolaus initiated coverage on shares of Black Stone Minerals in a report on Wednesday, January 17th. They set a “hold” rating and a $19.00 target price on the stock. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $19.00.

In other Black Stone Minerals news, SVP Brock Morris sold 25,000 shares of Black Stone Minerals stock in a transaction dated Monday, March 5th. The shares were sold at an average price of $17.31, for a total value of $432,750.00. Following the completion of the transaction, the senior vice president now directly owns 321,825 shares of the company’s stock, valued at $5,570,790.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Alexander D. Stuart bought 15,000 shares of the firm’s stock in a transaction on Tuesday, March 6th. The stock was purchased at an average cost of $17.43 per share, with a total value of $261,450.00. Following the completion of the acquisition, the director now directly owns 335,234 shares of the company’s stock, valued at approximately $5,843,128.62. The disclosure for this purchase can be found here. In the last three months, insiders sold 65,644 shares of company stock worth $1,168,941. Insiders own 25.00% of the company’s stock.

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Black Stone Minerals Company Profile

Black Stone Minerals, L.P. is an owner of oil and natural gas mineral interests in the United States. The Company’s principal business is maximizing the value of its existing portfolio of mineral and royalty assets through active management and expanding its asset base through acquisitions of additional mineral and royalty interests.

Insider Buying and Selling by Quarter for Black Stone Minerals (NYSE:BSM)

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