U.S. markets open in 18 minutes
  • S&P Futures

    3,829.75
    +4.25 (+0.11%)
     
  • Dow Futures

    31,004.00
    +71.00 (+0.23%)
     
  • Nasdaq Futures

    11,674.75
    +0.50 (+0.00%)
     
  • Russell 2000 Futures

    1,739.60
    +1.30 (+0.07%)
     
  • Crude Oil

    113.45
    +1.69 (+1.51%)
     
  • Gold

    1,834.20
    +13.00 (+0.71%)
     
  • Silver

    21.07
    +0.19 (+0.92%)
     
  • EUR/USD

    1.0527
    +0.0002 (+0.02%)
     
  • 10-Yr Bond

    3.1700
    -0.0360 (-1.12%)
     
  • Vix

    28.88
    +1.93 (+7.16%)
     
  • GBP/USD

    1.2176
    -0.0008 (-0.07%)
     
  • USD/JPY

    136.5940
    +0.4660 (+0.34%)
     
  • BTC-USD

    20,061.18
    -885.67 (-4.23%)
     
  • CMC Crypto 200

    432.57
    -17.49 (-3.89%)
     
  • FTSE 100

    7,321.12
    -2.29 (-0.03%)
     
  • Nikkei 225

    26,804.60
    -244.87 (-0.91%)
     

Black Stone Minerals (BSM): Strong Industry, Solid Earnings Estimate Revisions

  • Oops!
    Something went wrong.
    Please try again later.
·2 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

One stock that might be an intriguing choice for investors right now is Black Stone Minerals, L.P. BSM. This is because this security in the Energy and Pipeline - Master Limited Partnerships space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.

This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Energy and Pipeline - Master Limited Partnerships space as it currently has a Zacks Industry Rank of 39 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.

Meanwhile, Black Stone Minerals is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.

Black Stone Minerals, L.P. Price and Consensus

Black Stone Minerals, L.P. Price and Consensus
Black Stone Minerals, L.P. Price and Consensus

Black Stone Minerals, L.P. price-consensus-chart | Black Stone Minerals, L.P. Quote

In fact, over the past month, current quarter estimates have risen from 29 cents per share to 33 cents per share, while current year estimates have risen from $1.20 per share to $1.32 per share. This has helped BSM to earn a Zacks Rank #2 (Buy), further underscoring the company’s solid position. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

So, if you are looking for a decent pick in a strong industry, consider Black Stone Minerals. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Black Stone Minerals, L.P. (BSM) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research