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How to Buy Black Stone Minerals Stock

Black Stone Minerals LP

Black Stone Minerals is a oil and gas company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker BSM on the NYSE exchange.

Black Stone Minerals stock last closed at $15.65, down 0.95% from the previous day, and has decreased 6.85% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.25 percentage points. Black Stone Minerals stock is currently +5.17% from its 52-week low of $14.88, and -15.63% from its 52-week high of $18.55.

At the moment, there are 225.41M shares of BSM outstanding. The market capitalization of BSM is $3.53B. In the last 24 hours, 192,285 BSM shares were traded.

How to Buy Black Stone Minerals Stock

Not sure how to invest in Black Stone Minerals stock? Here's how.
  1. Decide where to buy Black Stone Minerals stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you determine where to buy Black Stone Minerals stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit money your brokerage account: Pick your payment method and add your information.
  4. Research Black Stone Minerals stock: The Black Stone Minerals ticker symbol is BSM. Is Black Stone Minerals stock a good investment? Should you buy shares of BSM? How do BSM's underlying business fundamentals look? Do top analysts think Black Stone Minerals is a good buy? Why has BSM's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if BSM is a good stock to buy).
  5. Make your BSM purchase: Decide if you will purchase BSM shares at the current market price or use a limit order to purchase BSM shares at a given price.
  6. Get updates on your investment in BSM: Create a watchlist to watch your investment in Black Stone Minerals shares.

Step 1: Decide where to buy Black Stone Minerals stock

You will need a brokerage account to access the NYSE market and buy BSM stock.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've selected the best brokerage, you'll need to fill out some personal information so you can invest in BSM today.

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Step 3: Deposit money your brokerage account

Now that you've finished signing up on one of the best stock apps, your next step is to transfer the money for your investment:

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Step 4: Research Black Stone Minerals stock

Once you have selected the best place to buy Black Stone Minerals stock, it's critical to research their stock prior to buying, so you truly comprehend the risk as well as the opportunity.

Black Stone Minerals stock at a glance

BSM Price
$15.65
1w %
0.13%
1y %
-6.85%
5y %
4.96%
P/E
9.97x
P/B
4.03x
P/S
6.3x
PEG
N/A
Revenue
$523.13M
Earnings
$328.14M
Fore. Rev. Growth
1.67%
Fore. Earn. Growth
-1.61%
Market Cap
$3.53B
Next Earnings
Jul 29, 2024
Next Dividend
N/A

Black Stone Minerals Overview

WallStreetZen was created to help average investors do more in-depth fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on BSM's stock page.

How is BSM stock valued?

You can use many financial metrics, analyses, models, and charts to gauge BSM's true value.

Using relative valuations methods:

  • BSM could be undervalued based on its P/E ratio of 9.97x, relative to Oil & Gas E&P industry P/E ratio of 13.69x
  • BSM may be overvalued based on its P/B ratio of 4.03x, relative to Oil & Gas E&P industry P/B ratio of 1.97x

You can access more valuation analysis on BSM's stock here.

A quick look at BSM Financials

Passed Financial Due Diligence Checks:

  • BSM earnings of $354.60M is not enough to cover its interest payments.
  • BSM has a low debt to equity ratio of 0.06.
  • There are more short-term assets than long-term liabilities on the BSM balance sheet.
  • Total BSM debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the BSM balance sheet.
  • BSM's operating cash flow of $488.56M allows it to safely service it's debt of $0.00.

Failed Financial Due Diligence Checks:

  • BSM profit margin has gone down from 74.5% to 62.7% in the past year.

Do analysts think it's a good time to buy Black Stone Minerals stock

Out of 2 Wall Street analysts who give forecasts on BSM, the consensus analyst rating on BSM is a Buy

Please note that analyst ratings are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are saying on the Black Stone Minerals stock forecast page.

BSM Technical Indicators

SMA10
15.63
SMA20
15.68
SMA50
15.82
SMA100
15.85
SMA200
16.29
MACD
-0.04
MACD Signal
-0.06
MACD Histogram
0.02
RSI
47.37
Stochastic %K
54.55
Stochastic %D
50.51
StochRSI %K
86.02
StochRSI %D
81.77

BSM Performance Metrics

Last year, BSM earnings were $328.14M. Over the last 5 year, BSM's earnings have grown by 4.66% per year. This was slower than the Oil & Gas E&P industry average of 20.71%.

Last year, BSM revenue was $523.13M. During the last five year, BSM's revenue has gone up by -2% per year. This was slower than the Oil & Gas E&P industry average of 19.57%.

Dig into BSM's earnings and revenue performance here.

Who is buying/selling BSM?

Over the last year, insiders at BSM have sold more shares than they have bought.

D. Mark Dewalch, Director of BSM, was the latest BSM insider to buy. They bought $18,741.32 worth of BSM stock on Jul 5, 2024.

Dig into more about who owns BSM shares here.

Can I rely on BSM as an income stream?

Black Stone Minerals pays a dividend of 11.5%, compared to the Oil & Gas E&P industry's average dividend yield of 3.17%. If you owned $1,000 worth of BSM stock, you would have received $115.02 in the past year.

Black Stone Minerals dividend payments have consistently grown over the past 9 years but have not remained stable.

Get more data about Black Stone Minerals dividend yield and history here.

What do other traders have to say about BSM?

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Step 5: Make your BSM purchase

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are mostly sufficient.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a given price limit, use a limit order.

Hit the Open button and your broker will place your order.

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Step 6: Get updates on your investment in BSM

Now that you own some BSM stock, you'll want to stay up-to-date on your investment.

Put BSM on a watchlist to monitor your BSM stock.

BSM Feed

How to Buy Stock in Black Stone Minerals

To summarize, here are the 6 steps you need to take to buy Black Stone Minerals stock right now:

  1. Decide where to buy Black Stone Minerals stock
  2. Sign up for your brokerage account
  3. Deposit money your brokerage account
  4. Research Black Stone Minerals stock
  5. Make your BSM purchase
  6. Get updates on your investment in BSM

If you need a online brokerage, eToro is our favorite option.

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If you would like to get the latest scoop on your investment in Black Stone Minerals, click below.

NYSE: BSM
$15.65-0.15 (-0.95%)
Updated Jul 22, 2024
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NYSE: BSM
$15.65-0.15 (-0.95%)
Updated Jul 22, 2024
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FAQ

How much does it cost to buy one Black Stone Minerals share?

As of Jul 22, 2024, it costs $15.65 to buy one share of Black Stone Minerals stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $7, you can buy 0.447 shares of BSM.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Black Stone Minerals stock?

According to 2 Wall Street analysts who monitor Black Stone Minerals, their consensus recommendation is to buy Black Stone Minerals stock.

What is the best way to buy Black Stone Minerals stock?

One way to place an order for Black Stone Minerals stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.