KeyCorp Expects Weaker Earnings for Black Stone Minerals

Black Stone Minerals, L.P. (NYSE:BSM) – Analysts at KeyCorp decreased their Q2 2026 earnings per share estimates for shares of Black Stone Minerals in a report issued on Wednesday, April 1st. KeyCorp analyst T. Rezvan now expects that the oil and gas producer will post earnings of $0.19 per share for the quarter, down from their prior forecast of $0.28. The consensus estimate for Black Stone Minerals’ current full-year earnings is $1.36 per share. KeyCorp also issued estimates for Black Stone Minerals’ Q3 2026 earnings at $0.21 EPS.

Black Stone Minerals (NYSE:BSM) last posted its earnings results on Monday, February 23rd. The oil and gas producer reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. Black Stone Minerals had a return on equity of 43.31% and a net margin of 62.26%.The firm had revenue of $118.70 million during the quarter, compared to the consensus estimate of $98.08 million.

A number of other brokerages also recently commented on BSM. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Black Stone Minerals in a report on Monday, December 29th. Zacks Research lowered Black Stone Minerals from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 4th. Finally, Piper Sandler lifted their target price on Black Stone Minerals from $13.00 to $14.00 and gave the stock a “neutral” rating in a report on Thursday, March 5th. Four analysts have rated the stock with a Hold rating, According to data from MarketBeat, Black Stone Minerals presently has a consensus rating of “Hold” and a consensus target price of $14.00.

Black Stone Minerals Price Performance

BSM stock opened at $14.65 on Friday. Black Stone Minerals has a 52 week low of $11.78 and a 52 week high of $15.49. The firm has a market capitalization of $3.11 billion, a P/E ratio of 11.44 and a beta of 0.19. The company has a fifty day simple moving average of $15.08 and a two-hundred day simple moving average of $14.06. The company has a quick ratio of 3.88, a current ratio of 3.88 and a debt-to-equity ratio of 0.19.

Hedge Funds Weigh In On Black Stone Minerals

Institutional investors have recently made changes to their positions in the company. Morgan Stanley lifted its stake in Black Stone Minerals by 57.1% in the fourth quarter. Morgan Stanley now owns 7,107,673 shares of the oil and gas producer’s stock worth $94,461,000 after acquiring an additional 2,582,823 shares during the period. Northwestern University bought a new position in Black Stone Minerals during the 4th quarter worth about $15,671,000. Saber Capital Managment LLC purchased a new position in Black Stone Minerals during the 4th quarter valued at about $8,389,000. Investment Management Associates Inc. ADV increased its position in Black Stone Minerals by 22.6% during the 3rd quarter. Investment Management Associates Inc. ADV now owns 1,934,739 shares of the oil and gas producer’s stock valued at $25,422,000 after purchasing an additional 356,852 shares during the period. Finally, ING Groep NV raised its holdings in shares of Black Stone Minerals by 216.6% in the 3rd quarter. ING Groep NV now owns 509,700 shares of the oil and gas producer’s stock valued at $6,697,000 after purchasing an additional 348,700 shares in the last quarter. Hedge funds and other institutional investors own 14.49% of the company’s stock.

Insider Buying and Selling

In other Black Stone Minerals news, SVP Luke Stevens Putman sold 30,276 shares of Black Stone Minerals stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $15.25, for a total transaction of $461,709.00. Following the completion of the sale, the senior vice president directly owned 761,417 shares of the company’s stock, valued at $11,611,609.25. The trade was a 3.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 17.80% of the stock is owned by insiders.

Black Stone Minerals Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Investors of record on Wednesday, February 18th were paid a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, February 18th. This represents a $1.20 annualized dividend and a yield of 8.2%. Black Stone Minerals’s dividend payout ratio is 93.75%.

Black Stone Minerals Company Profile

Black Stone Minerals L.P. (NYSE: BSM) is a publicly traded limited partnership that acquires and manages oil and natural gas mineral interests and producing royalty interests across the United States. The company’s business model centers on holding fractional ownership in subsurface mineral estates, which allows it to earn royalty income from hydrocarbon production without taking on the capital expenditures or operating risks associated with exploration and development.

Founded in 1876 and headquartered in Houston, Texas, Black Stone Minerals has built a diversified portfolio spanning key U.S.