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Black Stone Minerals (NYSE:BSM) stock has reached a new 52-week low, hitting a price of 12.77 USD. The company maintains strong fundamentals with an impressive 86.69% gross profit margin and offers a substantial 11.66% dividend yield, having maintained consistent dividend payments for 11 consecutive years. Over the past year, the company’s stock has experienced a significant decline, with a 1-year change of -18.23%. This drop reflects a challenging period for Black Stone Minerals, as market conditions and company-specific factors have contributed to the downward trend in its stock price. According to InvestingPro analysis, the stock appears undervalued at current levels, with a "GOOD" overall financial health rating. Investors are closely monitoring the situation to assess potential recovery or further declines in the company’s market performance. For detailed insights and 8 additional ProTips about Black Stone Minerals, including comprehensive valuation analysis, check out the Pro Research Report available on InvestingPro.
In other recent news, Black Stone Minerals reported its first-quarter 2025 earnings, which showed a significant miss on both earnings per share and revenue compared to analyst expectations. The company posted an earnings per share of $0.04, falling short of the expected $0.32, while revenue reached $59.25 million, well below the anticipated $118.35 million. Despite the earnings miss, Black Stone Minerals maintained its quarterly distribution of $0.375 per unit and reported a net income of $15.9 million with an adjusted EBITDA of $82.2 million. In other developments, Black Stone Minerals finalized a separation agreement with former executive Carrie Clark, who will receive a lump sum cash payment and other benefits. Additionally, unitholders approved the adoption of the 2025 Long-Term Incentive Plan, which reserves 6.7 million common units for various equity awards. The company also reported that ten directors were elected to serve until 2026 during its annual meeting. Deloitte & Touche LLP was ratified as the partnership’s independent registered public accounting firm for 2025.
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