Black Hills (BKH) Expected to Announce Earnings on Wednesday

Key Points

• Black Hills will report Q1 2026 results after the market close on Wednesday, May 6; analysts expect EPS of $2.01 and revenue of $868.4M, and the company has set FY 2026 guidance at 4.25–4.45 EPS (earnings call scheduled May 7 at 11:00 AM ET).
• Black Hills declared a quarterly dividend of $0.703 per share (annualized $2.81) with an ex-dividend date of May 15 and a yield of about 3.7%.
• Analysts have a consensus rating of “Moderate Buy” with an average target price of $81.40; the stock trades around $75 with a market cap of $5.73B and a P/E near 18.9.

Black Hills (NYSE:BKH - Get Free Report) will likely be posting its Q1 2026 results after the market closes on Wednesday, May 6th. Analysts expect Black Hills to post earnings of $2.01 per share and revenue of $868.4080 million for the quarter. Black Hills has set its FY 2026 guidance at 4.250-4.450 EPS. Interested persons can check the company's upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, May 7, 2026 at 11:00 AM ET.

Black Hills (NYSE:BKH - Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The utilities provider reported $1.41 EPS for the quarter, topping analysts' consensus estimates of $1.37 by $0.04. The firm had revenue of $635.50 million during the quarter, compared to analysts' expectations of $809.88 million. Black Hills had a return on equity of 7.91% and a net margin of 12.62%.The firm's quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.37 EPS. On average, analysts expect Black Hills to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Black Hills Trading Up 0.1%

Black Hills stock opened at $75.32 on Wednesday. The stock has a market cap of $5.73 billion, a PE ratio of 18.92, a P/E/G ratio of 3.00 and a beta of 0.73. The stock has a 50-day moving average price of $72.53 and a 200 day moving average price of $70.81. Black Hills has a 52 week low of $55.49 and a 52 week high of $78.69. The company has a current ratio of 1.35, a quick ratio of 1.11 and a debt-to-equity ratio of 1.20.

Black Hills Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Friday, May 15th will be given a dividend of $0.703 per share. This represents a $2.81 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Friday, May 15th. Black Hills's dividend payout ratio (DPR) is currently 70.60%.

Institutional Trading of Black Hills

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Advisory Services Network LLC purchased a new stake in Black Hills in the 3rd quarter valued at about $45,000. Geneos Wealth Management Inc. grew its holdings in Black Hills by 44.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,037 shares of the utilities provider's stock valued at $58,000 after buying an additional 317 shares during the period. Smartleaf Asset Management LLC grew its holdings in shares of Black Hills by 47.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 850 shares of the utilities provider's stock worth $59,000 after purchasing an additional 274 shares during the period. Parallel Advisors LLC grew its holdings in shares of Black Hills by 42.6% during the 3rd quarter. Parallel Advisors LLC now owns 1,179 shares of the utilities provider's stock worth $73,000 after purchasing an additional 352 shares during the period. Finally, Larson Financial Group LLC grew its holdings in shares of Black Hills by 90.3% during the 3rd quarter. Larson Financial Group LLC now owns 1,960 shares of the utilities provider's stock worth $121,000 after purchasing an additional 930 shares during the period. Hedge funds and other institutional investors own 86.71% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently commented on BKH. LADENBURG THALM/SH SH began coverage on Black Hills in a research report on Wednesday, April 1st. They set a "buy" rating and a $77.00 price objective for the company. BMO Capital Markets lifted their price objective on Black Hills from $84.00 to $91.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 15th. Siebert Williams Shank upgraded Black Hills from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $79.00 to $82.00 in a research report on Thursday, March 12th. Bank of America lifted their price objective on Black Hills from $72.00 to $76.00 and gave the stock a "neutral" rating in a research report on Thursday, April 9th. Finally, Wall Street Zen cut Black Hills from a "hold" rating to a "sell" rating in a research report on Saturday, April 11th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $81.40.

Black Hills Company Profile

Black Hills Corporation is a diversified energy company based in Rapid City, South Dakota, that provides electricity and natural gas distribution services to residential, commercial and industrial customers. Through its regulated utility subsidiaries—Black Hills Power, Cheyenne Light & Power, and Black Hills Energy—the company delivers reliable energy across Colorado, Kansas, Montana, Nebraska, South Dakota and Wyoming.

In addition to its distribution operations, Black Hills owns and operates a generation portfolio that includes natural gas–fired plants, coal-fired units, hydroelectric facilities and wind projects.

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