Black Stone Minerals (BSM) Stock Forecast, Price Target & Predictions
BSM Stock Forecast
Black Stone Minerals stock forecast is as follows: an average price target of $18.67 (represents a 23.23% upside from BSM’s last price of $15.15) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
BSM Price Target
The average price target for Black Stone Minerals (BSM) is $18.67 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $19.00 to $18.00. This represents a potential 23.23% upside from BSM's last price of $15.15.
BSM Analyst Ratings
According to 2 Wall Street analysts, Black Stone Minerals's rating consensus is 'Buy'. The analyst rating breakdown for BSM stock is 0 'Strong Buy' (0.00%), 2 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Black Stone Minerals Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Feb 06, 2023 | - | Raymond James | $19.00 | $15.83 | 20.03% | 25.41% |
| Nov 17, 2022 | Mark Lear | Piper Sandler | $19.00 | $18.56 | 2.37% | 25.41% |
| Jul 26, 2022 | - | Raymond James | $23.00 | $14.66 | 56.89% | 51.82% |
| May 02, 2022 | - | Wells Fargo | $18.00 | $15.84 | 13.64% | 18.81% |
The latest Black Stone Minerals stock forecast, released on Feb 06, 2023 by Raymond James company, set a price target of $19.00, which represents a 20.03% increase from the stock price at the time of the forecast ($15.83), and a 25.41% increase from BSM last price ($15.15).
Black Stone Minerals Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $15.15 | $15.15 | $15.15 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Black Stone Minerals stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Black Stone Minerals's last price of $15.15. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Feb 06, 2023 | Raymond James | Strong Buy | Outperform | Downgrade |
| Jul 26, 2022 | Raymond James | Strong Buy | Strong Buy | Hold |
| May 02, 2022 | Wells Fargo | Overweight | Overweight | Hold |
Black Stone Minerals's last stock rating was published by Raymond James on Feb 06, 2023. The company Downgrade its BSM rating from "Strong Buy" to "Outperform".
Black Stone Minerals Financial Forecast
Black Stone Minerals Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $109.80M | $117.00M | $174.58M | $230.38M | $216.43M | $180.37M | $36.42M | $179.42M | $59.83M | $58.44M | $61.57M | $77.43M | $43.74M | $38.53M | $93.04M | $120.28M | $113.08M |
| Avg Forecast | $122.32M | $113.51M | $112.42M | $119.38M | $125.21M | $121.27M | $117.48M | $118.90M | $118.39M | $117.68M | $119.59M | $120.34M | $137.56M | $131.13M | $117.28M | $138.74M | $136.23M | $137.98M | $135.73M | $123.38M | $91.99M | $84.75M | $79.59M | $79.66M | $86.01M | $84.02M | $90.53M | $103.60M | $127.23M | $140.03M |
| High Forecast | $128.52M | $119.26M | $118.11M | $125.43M | $131.55M | $127.41M | $123.43M | $126.04M | $123.87M | $120.88M | $125.65M | $120.34M | $155.24M | $158.19M | $123.22M | $145.77M | $143.14M | $137.98M | $135.73M | $123.38M | $91.99M | $84.75M | $79.59M | $79.66M | $86.01M | $84.02M | $90.53M | $103.60M | $127.23M | $140.03M |
| Low Forecast | $115.40M | $107.08M | $106.05M | $112.63M | $118.12M | $114.41M | $110.83M | $108.85M | $113.03M | $114.47M | $112.82M | $120.34M | $120.53M | $113.14M | $110.64M | $130.89M | $128.52M | $137.98M | $135.73M | $123.38M | $91.99M | $84.75M | $79.59M | $79.66M | $86.01M | $84.02M | $90.53M | $103.60M | $127.23M | $140.03M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 8 | 9 | 12 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 1.00% | 1.26% | 1.69% | 1.57% | 1.33% | 0.30% | 1.95% | 0.71% | 0.73% | 0.77% | 0.90% | 0.52% | 0.43% | 0.90% | 0.95% | 0.81% |
Black Stone Minerals's average Quarter revenue forecast for Dec 23 based on 3 analysts is $137.56M, with a low forecast of $120.53M, and a high forecast of $155.24M. BSM's average Quarter revenue forecast represents a 25.29% increase compared to the company's last Quarter revenue of $109.80M (Sep 23).
Black Stone Minerals EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 8 | 9 | 12 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $74.40M | $89.18M | $135.26M | $185.24M | $182.38M | $133.13M | $5.12M | $196.65M | $32.46M | $32.85M | $33.03M | $51.52M | $45.22M | $13.79M | $103.72M | $69.53M | $103.02M |
| Avg Forecast | $70.76M | $65.66M | $65.03M | $69.06M | $72.42M | $70.15M | $67.96M | $68.78M | $68.48M | $68.07M | $69.18M | $16.10M | $79.57M | $75.85M | $67.84M | $12.73M | $78.80M | $79.81M | $78.51M | $10.06M | $53.21M | $49.02M | $46.04M | $48.02M | $49.75M | $48.60M | $52.37M | $74.73M | $73.60M | $81.00M |
| High Forecast | $74.34M | $68.98M | $68.32M | $72.56M | $76.09M | $73.70M | $71.40M | $72.91M | $71.65M | $69.92M | $72.68M | $19.32M | $89.79M | $91.50M | $71.27M | $15.27M | $82.80M | $79.81M | $78.51M | $12.07M | $53.21M | $49.02M | $46.04M | $57.62M | $49.75M | $48.60M | $52.37M | $89.68M | $73.60M | $81.00M |
| Low Forecast | $66.75M | $61.94M | $61.35M | $65.15M | $68.33M | $66.18M | $64.11M | $62.96M | $65.38M | $66.21M | $65.26M | $12.88M | $69.72M | $65.44M | $64.00M | $10.18M | $74.34M | $79.81M | $78.51M | $8.05M | $53.21M | $49.02M | $46.04M | $38.41M | $49.75M | $48.60M | $52.37M | $59.79M | $73.60M | $81.00M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 1.31% | 10.63% | 2.35% | 2.29% | 1.70% | 0.51% | 3.70% | 0.66% | 0.71% | 0.69% | 1.04% | 0.93% | 0.26% | 1.39% | 0.94% | 1.27% |
3 analysts predict BSM's average Quarter EBITDA for Dec 23 to be $79.57M, with a high of $89.79M and a low of $69.72M. This is 6.95% upper than Black Stone Minerals's previous annual EBITDA (Sep 23) of $74.40M.
Black Stone Minerals Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 8 | 9 | 12 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $73.14M | $134.44M | $183.22M | $168.47M | $131.79M | $-8.21M | $132.75M | $16.18M | $15.43M | $16.19M | $30.34M | $23.73M | $-8.37M | $76.11M | $40.02M | $70.25M |
| Avg Forecast | $68.47M | $64.26M | $63.21M | $66.37M | $79.36M | $77.95M | $75.15M | $75.15M | $80.76M | $73.74M | $75.15M | $-22.00M | $103.94M | $89.71M | $80.90M | $-17.39M | $170.92M | $84.28M | $79.01M | $-13.75M | $39.19M | $30.78M | $28.54M | $23.53M | $39.57M | $35.38M | $34.84M | $54.84M | $54.26M | $62.65M |
| High Forecast | $72.98M | $68.49M | $67.37M | $70.74M | $84.59M | $83.09M | $80.09M | $80.09M | $91.12M | $75.11M | $75.18M | $-17.60M | $114.33M | $99.67M | $86.23M | $-13.91M | $205.10M | $84.28M | $79.01M | $-11.00M | $39.19M | $30.78M | $28.54M | $28.24M | $39.57M | $35.38M | $34.84M | $65.81M | $54.26M | $62.65M |
| Low Forecast | $63.44M | $59.53M | $58.56M | $61.48M | $73.52M | $72.22M | $69.62M | $73.11M | $72.48M | $72.37M | $75.11M | $-26.40M | $95.62M | $81.73M | $74.95M | $-20.87M | $136.74M | $84.28M | $79.01M | $-16.50M | $39.19M | $30.78M | $28.54M | $18.83M | $39.57M | $35.38M | $34.84M | $43.87M | $54.26M | $62.65M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | -7.73% | 1.07% | 2.00% | 1.67% | 0.60% | 3.39% | 0.53% | 0.54% | 0.69% | 0.77% | 0.67% | -0.24% | 1.39% | 0.74% | 1.12% |
Black Stone Minerals's average Quarter net income forecast for Sep 23 is $89.71M, with a range of $81.73M to $99.67M. BSM's average Quarter net income forecast represents a 22.65% increase compared to the company's last Quarter net income of $73.14M (Jun 23).
Black Stone Minerals SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 8 | 9 | 12 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $14.45M | $11.85M | $12.65M | $14.33M | $13.04M | $12.52M | $13.76M | $11.39M | $12.32M | $12.19M | $12.85M | $10.24M | $9.38M | $11.50M | $12.13M | $13.92M | $14.53M |
| Avg Forecast | $14.61M | $13.56M | $13.43M | $14.26M | $14.96M | $14.49M | $14.03M | $14.20M | $14.14M | $14.06M | $14.29M | $43.25M | $16.43M | $15.67M | $14.01M | $34.19M | $14.50M | $16.48M | $16.22M | $27.03M | $10.99M | $10.12M | $9.51M | $18.68M | $10.28M | $10.04M | $10.81M | $8.74M | $15.20M | $16.73M |
| High Forecast | $15.35M | $14.25M | $14.11M | $14.98M | $15.72M | $15.22M | $14.75M | $15.06M | $14.80M | $14.44M | $15.01M | $51.90M | $18.55M | $18.90M | $14.72M | $41.02M | $17.40M | $16.48M | $16.22M | $32.43M | $10.99M | $10.12M | $9.51M | $22.42M | $10.28M | $10.04M | $10.81M | $10.49M | $15.20M | $16.73M |
| Low Forecast | $13.79M | $12.79M | $12.67M | $13.45M | $14.11M | $13.67M | $13.24M | $13.00M | $13.50M | $13.67M | $13.48M | $34.60M | $14.40M | $13.52M | $13.22M | $27.35M | $11.60M | $16.48M | $16.22M | $21.62M | $10.99M | $10.12M | $9.51M | $14.95M | $10.28M | $10.04M | $10.81M | $6.99M | $15.20M | $16.73M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 0.85% | 0.37% | 0.99% | 0.79% | 0.77% | 0.51% | 1.04% | 1.22% | 1.28% | 0.69% | 1.00% | 0.93% | 1.06% | 1.39% | 0.92% | 0.87% |
Black Stone Minerals's average Quarter SG&A projection for Dec 23 is $16.43M, based on 3 Wall Street analysts, with a range of $14.40M to $18.55M. The forecast indicates a 13.74% rise compared to BSM last annual SG&A of $14.45M (Sep 23).
Black Stone Minerals EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 8 | 9 | 12 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.35 | $0.62 | $0.85 | $0.78 | $0.60 | $-0.04 | $0.64 | $0.05 | $0.05 | $0.05 | $0.12 | $0.09 | $-0.04 | $0.34 | $0.17 | $0.32 |
| Avg Forecast | $0.33 | $0.30 | $0.30 | $0.32 | $0.38 | $0.37 | $0.36 | $0.36 | $0.38 | $0.35 | $0.36 | $0.35 | $0.49 | $0.43 | $0.38 | $0.44 | $0.41 | $0.40 | $0.38 | $0.33 | $0.19 | $0.15 | $0.14 | $0.13 | $0.19 | $0.17 | $0.17 | $0.18 | $0.26 | $0.30 |
| High Forecast | $0.35 | $0.33 | $0.32 | $0.34 | $0.40 | $0.39 | $0.38 | $0.38 | $0.43 | $0.36 | $0.36 | $0.35 | $0.54 | $0.47 | $0.41 | $0.47 | $0.43 | $0.40 | $0.38 | $0.33 | $0.19 | $0.15 | $0.14 | $0.13 | $0.19 | $0.17 | $0.17 | $0.18 | $0.26 | $0.30 |
| Low Forecast | $0.30 | $0.28 | $0.28 | $0.29 | $0.35 | $0.34 | $0.33 | $0.35 | $0.34 | $0.34 | $0.36 | $0.35 | $0.45 | $0.39 | $0.36 | $0.41 | $0.38 | $0.40 | $0.38 | $0.33 | $0.19 | $0.15 | $0.14 | $0.13 | $0.19 | $0.17 | $0.17 | $0.18 | $0.26 | $0.30 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.91% | 1.40% | 2.09% | 1.95% | 1.60% | -0.12% | 3.44% | 0.34% | 0.37% | 0.39% | 0.64% | 0.54% | -0.24% | 1.91% | 0.66% | 1.08% |
According to 3 Wall Street analysts, Black Stone Minerals's projected average Quarter EPS for Sep 23 is $0.43, with a low estimate of $0.39 and a high estimate of $0.47. This represents a 21.65% increase compared to BSM previous annual EPS of $0.35 (Jun 23).
Black Stone Minerals Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| DVN | Devon Energy | $39.11 | $58.88 | 50.55% | Buy |
| KRP | Kimbell Royalty Partners, LP | $16.33 | $22.25 | 36.25% | Buy |
| BSM | Black Stone Minerals | $15.15 | $18.67 | 23.23% | Buy |
| STR | Sitio Royalties | $23.70 | $29.17 | 23.08% | Buy |
| COP | ConocoPhillips | $111.82 | $122.71 | 9.74% | Buy |
| FANG | Diamondback Energy | $182.24 | $191.60 | 5.14% | Buy |
| EQT | EQT | $43.31 | $41.53 | -4.11% | Buy |