Brigham Minerals Inc (NYSE:MNRL) – Research analysts at Seaport Global Securities issued their Q1 2019 earnings estimates for Brigham Minerals in a note issued to investors on Tuesday, May 14th. Seaport Global Securities analyst J. Aschenbeck expects that the company will post earnings per share of $0.12 for the quarter. Seaport Global Securities has a “Buy” rating and a $25.00 price target on the stock. Seaport Global Securities also issued estimates for Brigham Minerals’ Q2 2019 earnings at $0.19 EPS, Q3 2019 earnings at $0.23 EPS, Q4 2019 earnings at $0.24 EPS, FY2019 earnings at $0.78 EPS, Q1 2020 earnings at $0.24 EPS, Q2 2020 earnings at $0.23 EPS, Q3 2020 earnings at $0.24 EPS, Q4 2020 earnings at $0.25 EPS and FY2020 earnings at $0.96 EPS.

Several other brokerages have also weighed in on MNRL. Wells Fargo & Co initiated coverage on Brigham Minerals in a research report on Monday. They issued an “outperform” rating and a $24.00 target price on the stock. Raymond James initiated coverage on Brigham Minerals in a research report on Tuesday. They issued a “strong-buy” rating and a $29.00 target price on the stock. Piper Jaffray Companies initiated coverage on Brigham Minerals in a research report on Monday. They issued an “overweight” rating and a $25.00 target price on the stock. Goldman Sachs Group initiated coverage on Brigham Minerals in a research report on Monday. They issued a “buy” rating and a $26.00 target price on the stock. Finally, UBS Group initiated coverage on Brigham Minerals in a research report on Monday. They issued a “buy” rating and a $25.00 target price on the stock. Eight investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Brigham Minerals presently has an average rating of “Buy” and an average price target of $25.56.

Shares of NYSE MNRL opened at $21.89 on Friday. Brigham Minerals has a 1-year low of $18.61 and a 1-year high of $22.03.

In other Brigham Minerals news, CEO Robert M. Roosa purchased 36,111 shares of the stock in a transaction dated Tuesday, April 23rd. The shares were bought at an average cost of $18.00 per share, with a total value of $649,998.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Blake C. Williams purchased 19,444 shares of the stock in a transaction dated Tuesday, April 23rd. The shares were acquired at an average cost of $18.00 per share, for a total transaction of $349,992.00. The disclosure for this purchase can be found here. Insiders acquired 206,665 shares of company stock worth $3,719,970 over the last ninety days.

Brigham Minerals Company Profile

Brigham Minerals, Inc owns and operates a portfolio of mineral and royalty interests in the continental United States. The company primarily holds mineral and royalty interests in the Permian Basin in West Texas and New Mexico; the SCOOP/STACK plays in the Anadarko Basin of Oklahoma; the Denver-Julesburg Basin in Colorado; and Wyoming and the Williston Basin in North Dakota.

Featured Article: Asset Allocation and Your Retirement

Earnings History and Estimates for Brigham Minerals (NYSE:MNRL)

Receive News & Ratings for Brigham Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brigham Minerals and related companies with MarketBeat.com's FREE daily email newsletter.