Black Stone Minerals LP (NYSE: BSM) has reported E.P.S. of $0.41 for its third fiscal quarter (ending September 30) versus $0.27 for the same period a year ago — an increase of 52%. For the latest four quarters through September 30, E.P.S. were $1.63 compared to $2.08 a year ago — a decline of -22%.
Recent Price Action
On 11/4/24, Black Stone Minerals LP (NYSE: BSM) stock rose modestly by 0.5%, closing at $14.94. This advance was accompanied by normal trading volume. Relative to the market the stock has been weak over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
BSM’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Black Stone Minerals has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Black Stone Minerals has a neutral Appreciation Score of 49 and a slightly negative Power Rating of 34, and the Negative Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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