Daily Progress: Black Stone Minerals L.P (BSM) Drop -1.83, Closing at 14.46

Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.

In the latest session, Black Stone Minerals L.P (NYSE: BSM) closed at $14.46 down -1.83% from its previous closing price of $14.73. In other words, the price has decreased by -$1.83 from its previous closing price. On the day, 0.88 million shares were traded. BSM stock price reached its highest trading level at $14.77 during the session, while it also had its lowest trading level at $14.37.

Ratios:

For a deeper understanding of Black Stone Minerals L.P’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 145.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.69. For the most recent quarter (mrq), Quick Ratio is recorded 4.60 and its Current Ratio is at 5.60. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 06 ’24 when Carter Thomas L Jr bought 100,000 shares for $14.12 per share. The transaction valued at 1,411,800 led to the insider holds 3,133,128 shares of the business.

Clark Carrie Pearson sold 18,532 shares of BSM for $274,957 on Aug 26 ’24. The SVP, Chief Commercial Officer now owns 116,923 shares after completing the transaction at $14.84 per share. On Aug 26 ’24, another insider, CARRIE P CLARK, who serves as the Officer of the company, bought 18,532 shares for $14.84 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BSM now has a Market Capitalization of 3103535360 and an Enterprise Value of 3326163712. As of this moment, Black’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.83, and their Forward P/E ratio for the next fiscal year is 9.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.66 while its Price-to-Book (P/B) ratio in mrq is 3.51. Its current Enterprise Value per Revenue stands at 7.275 whereas that against EBITDA is 7.911.

Stock Price History:

Over the past 52 weeks, BSM has reached a high of $16.92, while it has fallen to a 52-week low of $13.94. The 50-Day Moving Average of the stock is -4.21%, while the 200-Day Moving Average is calculated to be -6.09%.

Shares Statistics:

For the past three months, BSM has traded an average of 400.71K shares per day and 440790 over the past ten days. A total of 210.69M shares are outstanding, with a floating share count of 161.88M. Insiders hold about 18.10% of the company’s shares, while institutions hold 14.80% stake in the company. Shares short for BSM as of 1732838400 were 2828643 with a Short Ratio of 7.41, compared to 1730332800 on 3058510. Therefore, it implies a Short% of Shares Outstanding of 2828643 and a Short% of Float of 1.6500000000000001.

Dividends & Splits

According to the company, the forward annual dividend rate for BSM is 1.60, from 1.6 in the trailing year. Against a Trailing Annual Dividend Yield of 0.108621866The stock’s 5-year Average Dividend Yield is 10.59.

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