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Black Stone Minerals (NYSE:BSM) Releases Earnings Results, Beats Estimates By $0.05 EPS
Black Stone Minerals (NYSE:BSM) reported strong Q4 earnings, beating analyst estimates by $0.05 with an EPS of $0.31. Despite high profitability metrics and a generous dividend yield of 8.1%, the stock experienced a slight dip. Institutional investors, notably Morgan Stanley, increased their stake in the company, though analysts maintain a “Hold” rating with an average target price of $13.00.