Black Stone Minerals (BSM) Stock Forecast, Price Target & Predictions


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BSM Stock Forecast


Black Stone Minerals stock forecast is as follows: an average price target of $18.67 (represents a 27.53% upside from BSM’s last price of $14.64) 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 27.53% upside from BSM's last price of $14.64.

BSM Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Feb 06, 2023-Raymond James$19.00$15.8320.03%29.78%
Nov 17, 2022Mark LearPiper Sandler$19.00$18.562.37%29.78%
Jul 26, 2022-Raymond James$23.00$14.6656.89%57.10%
May 02, 2022-Wells Fargo$18.00$15.8413.64%22.95%
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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 29.78% increase from BSM last price ($14.64).

Black Stone Minerals Price Target by Period


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$14.64$14.64$14.64
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 $14.64. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Feb 06, 2023Raymond JamesStrong BuyOutperformDowngrade
Jul 26, 2022Raymond JamesStrong BuyStrong BuyHold
May 02, 2022Wells FargoOverweightOverweightHold
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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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$109.80M$117.00M$174.58M$230.38M$216.43M-$36.42M$179.42M$59.83M$58.44M$61.57M$77.43M$43.74M$38.53M$93.04M$120.28M$113.08M
Avg Forecast$163.00M$154.00M$144.00M$154.00M$132.48M$127.94M$123.04M$124.80M$123.06M$119.62M$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$171.69M$162.21M$151.68M$162.21M$139.54M$134.77M$129.60M$131.45M$129.62M$123.26M$125.97M$126.76M$155.24M$158.19M$123.53M$146.14M$143.50M$145.34M$135.73M$130.79M$97.51M$89.83M$84.37M$84.45M$91.18M$89.07M$95.96M$109.82M$134.87M$148.44M
Low Forecast$155.75M$147.15M$137.60M$147.15M$126.59M$122.25M$117.56M$119.25M$117.58M$115.97M$114.27M$114.99M$120.53M$113.14M$112.06M$132.57M$130.18M$131.84M$135.73M$115.06M$85.78M$79.03M$74.22M$74.29M$80.21M$78.36M$84.42M$96.61M$118.65M$130.59M
# Analysts1111----1211331111--2223333323
Surprise %-------------0.84%1.00%1.26%1.69%1.57%-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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111----1211331111--2223333323
EBITDA-------------$74.40M$89.18M$135.26M$185.24M$182.38M-$5.12M$196.65M$32.46M$32.85M$33.03M$51.52M$45.22M$13.79M$103.72M$69.53M$103.02M
Avg Forecast$94.29M$89.08M$83.29M$89.08M$76.63M$74.01M$71.17M$72.19M$71.18M$69.19M$69.18M$16.10M$79.57M$75.85M$67.84M$12.73M$78.80M$63.05M$78.51M$10.06M$53.21M$49.84M$24.41M$48.02M$68.69M$48.60M$29.92M$74.73M$95.28M$92.36M
High Forecast$99.31M$93.83M$87.74M$93.83M$80.72M$77.95M$74.96M$76.04M$74.98M$71.30M$72.87M$19.32M$89.79M$91.50M$71.46M$15.27M$83.01M$75.66M$78.51M$12.07M$56.40M$59.81M$29.29M$57.62M$82.43M$51.52M$35.91M$89.68M$114.34M$110.83M
Low Forecast$90.09M$85.12M$79.59M$85.12M$73.22M$70.72M$68.00M$68.98M$68.02M$67.08M$66.10M$12.88M$69.72M$65.44M$64.82M$10.18M$75.30M$50.44M$78.51M$8.05M$49.62M$39.87M$19.53M$38.41M$54.95M$45.32M$23.94M$59.79M$76.23M$73.89M
Surprise %-------------0.98%1.31%10.63%2.35%2.89%-0.51%3.70%0.65%1.35%0.69%0.75%0.93%0.46%1.39%0.73%1.12%

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111----1211331111--2223333323
Net Income--------------$73.14M$134.44M$183.22M$168.47M-$-8.21M$132.75M$16.18M$15.43M$16.19M$30.34M$23.73M$-8.37M$76.11M$40.02M$70.25M
Avg Forecast----$79.37M$77.26M$73.04M$74.45M$75.15M$75.15M$75.15M$-22.00M$103.95M$89.71M$80.91M$-17.39M$85.55M$31.42M$79.00M$-13.75M$155.38M$24.84M$11.46M$23.53M$40.46M$46.49M$-18.17M$54.84M$54.84M$62.98M
High Forecast----$84.87M$82.61M$78.11M$79.61M$80.36M$79.33M$80.36M$-17.60M$114.34M$99.68M$86.52M$-13.91M$91.48M$37.70M$79.00M$-11.00M$186.46M$29.81M$13.76M$28.24M$48.55M$55.79M$-14.54M$65.81M$65.81M$75.58M
Low Forecast----$74.78M$72.79M$68.82M$70.14M$70.81M$70.98M$70.81M$-26.40M$95.63M$81.74M$76.23M$-20.87M$80.60M$25.14M$79.00M$-16.50M$124.31M$19.87M$9.17M$18.83M$32.37M$37.19M$-21.80M$43.87M$43.87M$50.38M
Surprise %--------------0.90%-7.73%2.14%5.36%-0.60%0.85%0.65%1.35%0.69%0.75%0.51%0.46%1.39%0.73%1.12%

Black Stone Minerals's average Quarter net income forecast for Sep 23 is $89.71M, with a range of $81.74M to $99.68M. BSM's average Quarter net income forecast represents a 22.66% increase compared to the company's last Quarter net income of $73.14M (Jun 23).

Black Stone Minerals SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111----1211331111--2223333323
SG&A-------------$14.45M$11.85M$12.65M$14.33M$13.04M-$13.76M$11.39M$12.32M$12.19M$12.85M$10.24M$9.38M$11.50M$12.13M$13.92M$14.53M
Avg Forecast$19.47M$18.40M$17.20M$18.40M$15.83M$15.28M$14.70M$14.91M$14.70M$14.29M$14.29M$43.25M$16.43M$15.67M$14.01M$34.19M$16.28M$23.93M$16.22M$27.03M$13.18M$18.91M$9.05M$18.68M$13.66M$18.38M$24.96M$8.74M$19.07M$13.03M
High Forecast$20.51M$19.38M$18.12M$19.38M$16.67M$16.10M$15.48M$15.70M$15.48M$14.72M$15.05M$51.90M$18.55M$18.90M$14.76M$41.02M$17.14M$28.71M$16.22M$32.43M$15.82M$22.70M$10.87M$22.42M$16.39M$22.05M$29.96M$10.49M$22.88M$15.63M
Low Forecast$18.61M$17.58M$16.44M$17.58M$15.12M$14.60M$14.04M$14.25M$14.05M$13.85M$13.65M$34.60M$14.40M$13.52M$13.39M$27.35M$15.55M$19.14M$16.22M$21.62M$10.55M$15.13M$7.24M$14.95M$10.93M$14.70M$19.97M$6.99M$15.26M$10.42M
Surprise %-------------0.92%0.85%0.37%0.88%0.55%-0.51%0.86%0.65%1.35%0.69%0.75%0.51%0.46%1.39%0.73%1.12%

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111----1211331111--2223333323
EPS--------------$0.35$0.62$0.85$0.78-$-0.04$0.64$0.05$0.05$0.05$0.12$0.09$-0.04$0.34$0.17$0.32
Avg Forecast----$0.38$0.37$0.35$0.35$0.36$0.36$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----$0.40$0.39$0.37$0.38$0.38$0.38$0.38$0.38$0.54$0.47$0.41$0.47$0.43$0.43$0.38$0.35$0.20$0.16$0.15$0.14$0.20$0.18$0.18$0.19$0.28$0.32
Low Forecast----$0.35$0.35$0.33$0.33$0.34$0.34$0.34$0.33$0.45$0.39$0.36$0.42$0.38$0.38$0.38$0.30$0.17$0.13$0.12$0.12$0.17$0.15$0.15$0.16$0.23$0.27
Surprise %--------------0.91%1.40%2.09%1.95%--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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
DVNDevon Energy$39.45$64.0462.33%Buy
KRPKimbell Royalty Partners, LP$15.48$23.0048.58%Buy
STRSitio Royalties$21.39$29.6738.71%Buy
BSMBlack Stone Minerals$14.64$18.6727.53%Buy
EQTEQT$33.19$41.0023.53%Buy
COPConocoPhillips$103.50$123.8619.67%Buy
FANGDiamondback Energy$172.42$182.385.78%Buy

BSM Forecast FAQ


Yes, according to 2 Wall Street analysts, Black Stone Minerals (BSM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of BSM's total ratings.

Black Stone Minerals (BSM) average price target is $18.67 with a range of $18 to $19, implying a 27.53% from its last price of $14.64. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for BSM stock, the company can go up by 27.53% (from the last price of $14.64 to the average price target of $18.67), up by 29.78% based on the highest stock price target, and up by 22.95% based on the lowest stock price target.

BSM's average twelve months analyst stock price target of $18.67 does not support the claim that Black Stone Minerals can reach $20 in the near future.

Black Stone Minerals's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $508.25M (high $535.36M, low $485.65M), average EBITDA is $293.99M (high $309.67M, low $280.92M), average net income is $304.12M (high $325.2M, low $286.53M), average SG&A $60.72M (high $63.96M, low $58.02M), and average EPS is $1.44 (high $1.54, low $1.36). BSM's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $615M (high $647.8M, low $587.65M), average EBITDA is $355.74M (high $374.71M, low $339.92M), average net income is $0 (high $0, low $0), average SG&A $73.47M (high $77.39M, low $70.2M), and average EPS is $0 (high $0, low $0).

Based on Black Stone Minerals's last annual report (Dec 2022), the company's revenue was $663.6M, beating the average analysts forecast of $533.33M by 24.43%. Apple's EBITDA was $482.75M, beating the average prediction of $230.42M by 109.50%. The company's net income was $476.48M, beating the average estimation of $182.21M by 161.50%. Apple's SG&A was $53.65M, missing the average forecast of $83.44M by -35.70%. Lastly, the company's EPS was $2.18, beating the average prediction of $1.51 by 44.59%. In terms of the last quarterly report (Sep 2023), Black Stone Minerals's revenue was $109.8M, missing the average analysts' forecast of $131.13M by -16.27%. The company's EBITDA was $74.4M, missing the average prediction of $75.85M by -1.91%. Black Stone Minerals's net income was $0, missing the average estimation of $89.71M by -100.00%. The company's SG&A was $14.45M, missing the average forecast of $15.67M by -7.77%. Lastly, the company's EPS was $0, missing the average prediction of $0.426 by -100.00%