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NYSE: MNRL

How to Buy Brigham Minerals Stock

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Brigham Minerals Inc

Brigham Minerals, Inc. engages in the acquisition and managing a a portfolio of mineral and royalty interests. The company is headquartered in Austin, Texas and currently employs 30 full-time employees.

Brigham Minerals stock last closed at $35.43, up 1.69% from the previous day, and has increased 70.66% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.02 percentage points. Brigham Minerals stock is currently +82.91% from its 52-week low of $19.37, and -2.9% from its 52-week high of $36.49.

There are currently 60.45M MNRL shares outstanding. The market value of MNRL is $2.14B. In the last 24 hours, 584,193 MNRL shares were traded.

How to Buy Brigham Minerals Stock

Wondering how to invest in Brigham Minerals stock? Here's how.
  1. Figure out where to buy Brigham Minerals stock: You need to choose an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you determine where to buy Brigham Minerals stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified. It's the best place to buy MNRL stock.
  3. Deposit money your investment account: Select your payment method and add your information.
  4. Evaluate Brigham Minerals stock: The Brigham Minerals ticker symbol is MNRL. Is Brigham Minerals stock a good investment? Should you buy shares of MNRL? How do MNRL's underlying business fundamentals look? Do top analysts think Brigham Minerals is a good buy? Why has MNRL's stock price moved recently? (Hint: Our stock research tools can help you decide if MNRL is a good stock to buy).
  5. Make your MNRL trade: Decide if you will purchase MNRL shares at the current market price or use a limit order to purchase MNRL stock at a particular price.
  6. Monitor your MNRL position: Create a watchlist to keep track of your investment in Brigham Minerals shares.

Step 1: Figure out where to buy Brigham Minerals stock

You will need a brokerage account to access the NYSE market and buy MNRL shares.

A brokerage account allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

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

How to Start a New Brokerage Account on eToro

  1. Click here to get started.
  2. Enter your personal data to start your new brokerage account.
  1. Submit your data by hitting the "Create Account" button.
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Step 3: Deposit money your investment account

Watch this video walkthrough if you need help transferring money into your new investment account.

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Step 4: Evaluate Brigham Minerals stock

It's very important to research stocks before you buy, so you can wrap your head around the risk as well as the upside.

Brigham Minerals Metrics

MNRL Price
$35.43
1w %
0.85%
1y %
70.66%
5y %
N/A
P/E
14.12x
P/B
3.23x
P/S
6.28x
PEG
N/A
Revenue
$304.18M
Earnings
$127.98M
Fore. Rev. Growth
1.8%
Fore. Earn. Growth
-10.53%
Market Cap
$2.14B
Next Earnings
N/A
Next Dividend
N/A

Brigham Minerals Fundamentals

WallStreetZen was designed to help part-time investors perform better fundamental analysis in less time.

You can view all of the due diligence checks on MNRL's stock page.

What is the fair value of MNRL stock?

Analysts use many financial metrics, analyses, models, and charts to gauge MNRL's fair value.

Using relative valuations methods:

  • MNRL could be overvalued based on its P/E ratio of 14.12x, relative to Oil & Gas E&P industry P/E ratio of 8.45x
  • MNRL could be overvalued based on its P/B ratio of 3.23x, relative to Oil & Gas E&P industry P/B ratio of 2.54x

You can do more valuation analysis on MNRL's stock here.

MNRL Financial Health Summary

Signs that MNRL is financially healthy:

  • MNRL profit margin has gone up from 0.3% to 42.1% in the past year.
  • There are more short-term assets than short-term liabilities on the MNRL balance sheet.
  • There are more short-term assets than long-term liabilities on the MNRL balance sheet.
  • MNRL earnings of $169.04M is not enough to cover its interest payments.
  • MNRL has a low debt to equity ratio of 0.16.
  • MNRL's operating cash flow of $199.56M allows it to safely service it's debt of $79.04M.

Is MNRL stock a Buy, Hold, or Sell?

Out of 8 Wall Street analysts who research MNRL, the consensus analyst rating on MNRL is a Buy

Should I buy or sell MNRL stock?

Based on 8 analysts offering ratings for Brigham Minerals Inc.
Buy
Strong Buy
4 analysts 50%
Buy
0 analysts 0%
Hold
4 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Most Recent MNRL Analyst Upgrades/Downgrades

Mark Lear, a top 2% analyst from Piper Sandler downgrades MNRL to a hold rating and raises their MNRL price target from $34.00 to $36.00, on Nov 17, 2022.

Derrick Whitfield, a top 25% analyst from Stifel Nicolaus downgrades MNRL to a hold rating and lowers their MNRL price target from $31.00 to $27.00, on Oct 25, 2022.

John Freeman, a top 1% analyst from Raymond James maintains MNRL with a strong buy rating and lowers their MNRL price target from $49.00 to $44.00, on Oct 24, 2022.

Jeanine Wai, a top 4% analyst from Barclays maintains MNRL with a strong buy rating and raises their MNRL price target from $35.00 to $36.00, on Oct 19, 2022.

Tim Rezvan, a top 18% analyst from KeyBanc initiates coverage on MNRL with a hold rating, on Sep 20, 2022.

You can dive deeper into what analysts are forecasting on the Brigham Minerals stock forecast page.

MNRL Momentum

SMA10
34.93
SMA20
34.39
SMA50
30.56
SMA100
28.89
SMA200
27.6
MACD
1.22
MACD Signal
1.42
MACD Histogram
-0.2
RSI
61.76
Stochastic %K
58.66
Stochastic %D
60.79
StochRSI %K
9.89
StochRSI %D
12.45

MNRL Growth Metrics

Last year, MNRL earnings were $127.98M. During the past three year, MNRL's earnings have gone up by 499.33% per year. This was faster than the Oil & Gas E&P industry average of 111.21%.

Last year, MNRL revenue was $304.18M. During the past three year, MNRL's revenue has gone up by 136.76% per year. This was faster than the Oil & Gas E&P industry average of 27.28%.

You can analyze MNRL's earnings and revenue performance here.

Who is buying/selling MNRL?

In the past 12 months, insiders at MNRL have sold more shares than they have bought.

Robert M. Roosa, Chief Executive Officer of MNRL, was the latest MNRL insider to sell. They sold $166,285.42 worth of MNRL shares on Sep 6, 2022.

Research more about who owns MNRL stock here.

Can I rely on MNRL as an income stream?

Brigham Minerals pays a dividend of 7.42%, compared to the Oil & Gas E&P industry's average dividend yield of 3.89%. If you owned $1,000 worth of MNRL stock, you would have received $74.23 in the past year.

Dig into more data about Brigham Minerals dividend yield and history here.

Get analysis from other traders

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Make your MNRL trade

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 generally fine.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a particular price limit, use a limit order.

Hit the Open Trade button and eToro will place the order.

If you want additional assistance investing in stocks on eToro, click the how to video below:

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Step 6: Monitor your MNRL position

Now that you own some MNRL stock, you'll want to keep up with your new shares.

Create a watchlist to track your MNRL stock.

MNRL Feed

How to Buy Stock in Brigham Minerals

To summarize, here are the 6 steps for buying Brigham Minerals stock:

  1. Figure out where to buy Brigham Minerals stock
  2. Create your brokerage account
  3. Deposit money your investment account
  4. Evaluate Brigham Minerals stock
  5. Make your MNRL trade
  6. Monitor your MNRL position

If you are looking for a place to buy stocks, eToro is our favorite venue.

Get Started with eToro Today

If you would like to watch your new investment in Brigham Minerals, add MNRL to your watchlist below.

NYSE: MNRL
$35.43+0.59 (+1.69%)
Updated Nov 30, 2022
Open eToro Account
NYSE: MNRL
$35.43+0.59 (+1.69%)
Updated Nov 30, 2022
Open eToro Account

FAQ

How much does it cost to buy one Brigham Minerals share?

As of Nov 30, 2022, it costs $35.43 to buy one share of Brigham Minerals stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.282 shares of MNRL.

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Is now a good time to buy Brigham Minerals stock?

According to 8 Wall Street analysts who monitor Brigham Minerals, their consensus recommendation is to buy Brigham Minerals stock.

What is the best way to buy Brigham Minerals stock?

The best way to buy Brigham Minerals stock is within a brokerage account on eToro.
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.