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 $15.84, up 0.57% from the previous day, and has decreased 5.43% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.24 percentage points. Black Stone Minerals stock is currently +7.03% from its 52-week low of $14.80, and -14.61% from its 52-week high of $18.55.
At the moment, there are 225.02M shares of BSM outstanding. The market capitalization of BSM is $3.56B. In the last 24 hours, 437,932 BSM shares were traded.
How to Buy Black Stone Minerals Stock
Not sure how to invest in Black Stone Minerals stock? Here's how.
- 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.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Pick your payment method and add your information.
- 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).
- 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.
- 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.
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Open eToro AccountStep 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.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to start your new trading account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
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:
Check out the video below if you need help depositing funds into your new investment account.
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
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 8.29x, relative to Oil & Gas E&P industry P/E ratio of 15.16x
- BSM may be overvalued based on its P/B ratio of 3.88x, relative to Oil & Gas E&P industry P/B ratio of 2.15x
- BSM could be undervalued based on its PEG ratio of 0.78x
You can do additional valuation analysis on BSM's stock here.
BSM Financials at a glance
Passed Financial Due Diligence Checks:
- BSM has a low debt to equity ratio of 0.05.
- Total BSM debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the BSM balance sheet.
- BSM's operating cash flow of $521.25M allows it to safely service it's debt of $0.00.
- BSM earnings of $425.30M is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the BSM balance sheet.
Failed Financial Due Diligence Checks:
- BSM profit margin has gone down from 68.6% to 67.7% in the past year.
Is it a good time to buy Black Stone Minerals stock, according to analysts?
Out of 2 Equities analysts who monitor BSM, the consensus analyst rating on BSM is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Black Stone Minerals stock forecast page.
BSM Trading Indicators
BSM Earnings
Last year, BSM earnings were $400.77M. Over the past 5 year, BSM's earnings have increased by 5.52% per year. This was slower than the Oil & Gas E&P industry average of 12.87%.
Last year, BSM revenue was $592.22M. During the last five year, BSM's revenue has grown by -0.58% per year. This was slower than the Oil & Gas E&P industry average of 19.2%.
Learn more about BSM's earnings and revenue performance here.
Who is buying/selling BSM?
Over the last 12 months, 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 $18,744.54 worth of BSM shares on Apr 5, 2024.
Get more info about who owns BSM shares here.
Does BSM provide a stable income stream?
Black Stone Minerals pays a dividend of 11.99%, compared to the Oil & Gas E&P industry's average dividend yield of 3.56%. If you owned $1,000 of BSM stock, you would have been paid $119.95 last year.
Black Stone Minerals dividend payments have consistently grown over the past 9 years but have not remained stable.
Find more analysis about Black Stone Minerals dividend yield and history here.
What others are saying about BSM
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your BSM purchase
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually fine. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount, place a limit order.
Hit the Open Trade button and eToro will execute the order.
If you want additional help with investing in stocks on eToro, watch the helpful video below:
Step 6: Get updates on your investment in BSM
Now that you own some BSM shares, you'll want to keep up with your new shares.
Make a watchlist to see the latest developments about your BSM stock.
BSM Feed
How to Buy Stock in Black Stone Minerals
To reiterate, here are the 6 steps you need to take to buy Black Stone Minerals stock right now:
- Decide where to buy Black Stone Minerals stock
- Sign up for your brokerage account
- Deposit money your brokerage account
- Research Black Stone Minerals stock
- Make your BSM purchase
- Get updates on your investment in BSM
If you require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Black Stone Minerals, add BSM to your watchlist by clicking the button below.
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