How to buy Black Stone Minerals L-P stock - 19 April

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How to buy Black Stone Minerals L-P stock

Own Black Stone Minerals L-P stock in just a few minutes.

Black Stone Minerals, L.P is an oil & gas e&p business based in the US. Black Stone Minerals L-P shares (BSM) are listed on the NYSE and all prices are listed in US Dollars.

How to buy shares in Black Stone Minerals L-P

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Black Stone Minerals L-P. Find the stock by name or ticker symbol: BSM. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Black Stone Minerals L-P reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Black Stone Minerals L-P, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Black Stone Minerals L-P. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Black Stone Minerals L-P share price

Use our graph to track the performance of BSM stocks over time.

Black Stone Minerals L-P shares at a glance

Information last updated 2021-04-15.
52-week rangeUSD$4.38 - USD$10.09
50-day moving average USD$9.10
200-day moving average USD$7.83
Wall St. target priceUSD$11.29
PE ratio 20.2869
Dividend yield USD$0.555 (6.06%)
Earnings per share (TTM) USD$0.49

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Black Stone Minerals L-P stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Black Stone Minerals L-P under- or over-valued?

Valuing Black Stone Minerals L-P stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Black Stone Minerals L-P's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Black Stone Minerals L-P's P/E ratio

Black Stone Minerals L-P's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 20x. In other words, Black Stone Minerals L-P shares trade at around 20x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Black Stone Minerals L-P's PEG ratio

Black Stone Minerals L-P's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.22. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Black Stone Minerals L-P's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Black Stone Minerals L-P's EBITDA

Black Stone Minerals L-P's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$247.1 million.

The EBITDA is a measure of a Black Stone Minerals L-P's overall financial performance and is widely used to measure a its profitability.

Black Stone Minerals L-P financials

Revenue TTM USD$287.6 million
Operating margin TTM 39.25%
Gross profit TTM USD$230.1 million
Return on assets TTM 5.06%
Return on equity TTM 11.3%
Profit margin 42.36%
Book value $3.68
Market capitalisation USD$2.1 billion

TTM: trailing 12 months

Shorting Black Stone Minerals L-P shares

There are currently 1.9 million Black Stone Minerals L-P shares held short by investors – that's known as Black Stone Minerals L-P's "short interest". This figure is 1.4% down from 1.9 million last month.

There are a few different ways that this level of interest in shorting Black Stone Minerals L-P shares can be evaluated.

Black Stone Minerals L-P's "short interest ratio" (SIR)

Black Stone Minerals L-P's "short interest ratio" (SIR) is the quantity of Black Stone Minerals L-P shares currently shorted divided by the average quantity of Black Stone Minerals L-P shares traded daily (recently around 409578.68131868). Black Stone Minerals L-P's SIR currently stands at 4.55. In other words for every 100,000 Black Stone Minerals L-P shares traded daily on the market, roughly 4550 shares are currently held short.

However Black Stone Minerals L-P's short interest can also be evaluated against the total number of Black Stone Minerals L-P shares, or, against the total number of tradable Black Stone Minerals L-P shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Black Stone Minerals L-P's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Black Stone Minerals L-P shares in existence, roughly 10 shares are currently held short) or 0.0118% of the tradable shares (for every 100,000 tradable Black Stone Minerals L-P shares, roughly 12 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Black Stone Minerals L-P.

Find out more about how you can short Black Stone Minerals L-P stock.

Black Stone Minerals L-P share dividends

61%

Dividend payout ratio: 61.31% of net profits

Recently Black Stone Minerals L-P has paid out, on average, around 61.31% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.64% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Black Stone Minerals L-P shareholders could enjoy a 7.64% return on their shares, in the form of dividend payments. In Black Stone Minerals L-P's case, that would currently equate to about $0.555 per share.

Black Stone Minerals L-P's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Black Stone Minerals L-P's most recent dividend payout was on 22 February 2021. The latest dividend was paid out to all shareholders who bought their shares by 11 February 2021 (the "ex-dividend date").

Have Black Stone Minerals L-P's shares ever split?

Black Stone Minerals L-P's shares were split on a 4:5 basis on 28 April 2015. So if you had owned 5 shares the day before before the split, the next day you'd have owned 4 shares. This wouldn't directly have changed the overall worth of your Black Stone Minerals L-P shares – just the quantity. However, indirectly, the new 25% higher share price could have impacted the market appetite for Black Stone Minerals L-P shares which in turn could have impacted Black Stone Minerals L-P's share price.

Black Stone Minerals L-P share price volatility

Over the last 12 months, Black Stone Minerals L-P's shares have ranged in value from as little as $4.3765 up to $10.09. A popular way to gauge a stock's volatility is its "beta".

BSM.US volatility(beta: 1.49)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Black Stone Minerals L-P's is 1.487. This would suggest that Black Stone Minerals L-P's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Black Stone Minerals L-P overview

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. 7 million gross acres located in 41 states in the United States.

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