Black Stone Minerals, L.P. (BSM)
NYSE: BSM · IEX Real-Time Price · USD
16.39
+0.16 (0.95%)
May 9, 2024, 1:18 PM EDT - Market open
Black Stone Minerals Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for BSM stock have an average target of 18.5, with a low estimate of 17 and a high estimate of 20. The average target predicts an increase of 12.87% from the current stock price of 16.39.
Analyst Consensus: Buy
* Price targets were last updated on Mar 7, 2024.
Analyst Ratings
The average analyst rating for BSM stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 4 | 4 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $16 → $17 | Hold | Maintains | $16 → $17 | +3.72% | Mar 7, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $17 → $16 | Hold | Maintains | $17 → $16 | -2.38% | Jan 24, 2024 |
| Stifel | Stifel | Strong Buy Maintains $21 → $20 | Strong Buy | Maintains | $21 → $20 | +22.03% | Jan 23, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $16 → $17 | Hold | Maintains | $16 → $17 | +3.72% | Nov 16, 2023 |
| Raymond James | Raymond James | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Oct 24, 2023 |
Financial Forecast
Revenue This Year
501.12M
from 592.22M
Decreased by -15.38%
Revenue Next Year
543.22M
from 501.12M
Increased by 8.40%
EPS This Year
1.45
from 1.88
Decreased by -23.00%
EPS Next Year
1.55
from 1.45
Increased by 6.74%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 550.2M | 647.9M |
| Avg | 501.1M | 543.2M |
| Low | 463.5M | 479.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -7.1% | 29.3% |
| Avg | -15.4% | 8.4% |
| Low | -21.7% | -4.4% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.63 | 1.99 |
| Avg | 1.45 | 1.55 |
| Low | 1.29 | 1.29 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -13.4% | 37.8% |
| Avg | -23.0% | 6.7% |
| Low | -31.2% | -10.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.