Black Hills (BKH) Expected to Announce Earnings on Wednesday

Black Hills (NYSE:BKH - Get Free Report) is anticipated to announce its Q1 2025 earnings results after the market closes on Wednesday, May 7th. Analysts expect the company to announce earnings of $1.81 per share and revenue of $729.73 million for the quarter. Black Hills has set its FY 2025 guidance at 4.000-4.200 EPS.

Black Hills (NYSE:BKH - Get Free Report) last released its earnings results on Wednesday, February 5th. The utilities provider reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.20 by $0.17. Black Hills had a return on equity of 7.82% and a net margin of 12.84%. On average, analysts expect Black Hills to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Black Hills Trading Up 0.9 %

Black Hills stock traded up $0.53 during midday trading on Friday, hitting $61.28. 244,104 shares of the stock were exchanged, compared to its average volume of 452,284. The company has a fifty day simple moving average of $59.92 and a two-hundred day simple moving average of $59.96. The stock has a market capitalization of $4.42 billion, a PE ratio of 15.63, a P/E/G ratio of 2.75 and a beta of 0.64. Black Hills has a 52 week low of $51.66 and a 52 week high of $65.59. The company has a quick ratio of 0.77, a current ratio of 0.97 and a debt-to-equity ratio of 1.19.

Black Hills Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Sunday, June 1st. Shareholders of record on Friday, May 16th will be issued a $0.676 dividend. The ex-dividend date is Friday, May 16th. This represents a $2.70 annualized dividend and a dividend yield of 4.41%. Black Hills's dividend payout ratio (DPR) is currently 68.88%.

Analyst Upgrades and Downgrades

Separately, Scotiabank dropped their price objective on shares of Black Hills from $67.00 to $66.00 and set a "sector perform" rating on the stock in a report on Friday, February 7th.

About Black Hills

Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. The company operates in two segments: Electric Utilities and Gas Utilities. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 222,000 electric utility customers in Colorado, Montana, South Dakota, and Wyoming; and owns and operates 1,394 megawatts of generation capacity and 9,106 miles of electric transmission and distribution lines.