KeyCorp Lowers Earnings Estimates for Black Stone Minerals

Black Stone Minerals, L.P. (NYSE:BSM) – KeyCorp dropped their Q1 2025 EPS estimates for shares of Black Stone Minerals in a report released on Sunday, April 20th. KeyCorp analyst T. Rezvan now expects that the oil and gas producer will post earnings of $0.32 per share for the quarter, down from their prior forecast of $0.36. The consensus estimate for Black Stone Minerals’ current full-year earnings is $1.36 per share. KeyCorp also issued estimates for Black Stone Minerals’ Q2 2025 earnings at $0.31 EPS, Q3 2025 earnings at $0.32 EPS, Q4 2025 earnings at $0.33 EPS, FY2025 earnings at $1.28 EPS, Q1 2026 earnings at $0.34 EPS, Q2 2026 earnings at $0.32 EPS, Q3 2026 earnings at $0.33 EPS, Q4 2026 earnings at $0.34 EPS and FY2026 earnings at $1.33 EPS.

Black Stone Minerals (NYSE:BSM) last announced its earnings results on Monday, February 24th. The oil and gas producer reported $0.18 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.21). Black Stone Minerals had a return on equity of 41.49% and a net margin of 67.54%. The firm had revenue of $83.73 million for the quarter, compared to the consensus estimate of $115.46 million.

Other equities research analysts have also issued reports about the company. StockNews.com lowered Black Stone Minerals from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th. Royal Bank of Canada raised shares of Black Stone Minerals to a “hold” rating in a research report on Friday, March 14th. Finally, Piper Sandler upped their price target on shares of Black Stone Minerals from $14.00 to $16.00 and gave the company a “neutral” rating in a research report on Thursday, March 6th.

Black Stone Minerals Stock Performance

Black Stone Minerals stock opened at $14.33 on Tuesday. Black Stone Minerals has a 1 year low of $12.80 and a 1 year high of $16.92. The firm’s 50 day moving average price is $14.76 and its two-hundred day moving average price is $14.86. The firm has a market cap of $3.03 billion, a price-to-earnings ratio of 8.85 and a beta of 0.52.

Institutional Investors Weigh In On Black Stone Minerals

Several institutional investors have recently made changes to their positions in the company. Cresset Asset Management LLC lifted its stake in Black Stone Minerals by 500.5% in the fourth quarter. Cresset Asset Management LLC now owns 596,853 shares of the oil and gas producer’s stock valued at $8,714,000 after acquiring an additional 497,457 shares during the last quarter. Investment Management Associates Inc. ADV raised its holdings in shares of Black Stone Minerals by 30.8% during the 4th quarter. Investment Management Associates Inc. ADV now owns 1,544,182 shares of the oil and gas producer’s stock valued at $22,545,000 after purchasing an additional 363,962 shares in the last quarter. Aptus Capital Advisors LLC acquired a new stake in shares of Black Stone Minerals in the 4th quarter valued at $4,876,000. Northern Trust Corp bought a new stake in Black Stone Minerals in the fourth quarter worth $4,428,000. Finally, Raymond James Financial Inc. acquired a new position in Black Stone Minerals during the fourth quarter worth $4,211,000. 14.49% of the stock is currently owned by institutional investors and hedge funds.

Black Stone Minerals Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, May 8th will be paid a $0.375 dividend. The ex-dividend date is Thursday, May 8th. This represents a $1.50 dividend on an annualized basis and a yield of 10.47%. Black Stone Minerals’s dividend payout ratio (DPR) is currently 130.43%.

About Black Stone Minerals

Black Stone Minerals, L.P., together with its subsidiaries, owns and manages oil and natural gas mineral interests. It owns mineral interests in approximately 16.8 million gross acres, nonparticipating royalty interests in 1.8 million gross acres, and overriding royalty interests in 1.6 million gross acres located in 41 states in the United States.