Black Hills (BKH) Expected to Announce Quarterly Earnings on Wednesday

Key Points

• Black Hills is expected to report Q3 2026 earnings after the market closes Wednesday, November 4. Analysts forecast EPS of $0.4672 and revenue of $483.04 million; the company’s FY 2026 EPS guidance is $4.25–$4.45.
• In its previous quarter, Black Hills earned $0.54 per share, exceeding the $0.41 consensus estimate, while revenue of $452.8 million fell short of expectations.
• Analyst sentiment remains positive, with the stock carrying an average “Buy” rating and an average price target of $83.25. Shares recently opened at $81.83, near their 12-month high of $81.96.

Black Hills (NYSE:BKH - Get Free Report) will likely be releasing its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect the company to announce earnings of $0.4672 per share and revenue of $483.04 million for the quarter. Black Hills has set its FY 2026 guidance at 4.250-4.450 EPS. Investors may review the information on the company's upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Thursday, November 5, 2026 at 11:00 AM ET.

Black Hills (NYSE:BKH - Get Free Report) last released its earnings results on Wednesday, August 5th. The utilities provider reported $0.54 EPS for the quarter, beating the consensus estimate of $0.41 by $0.13. The firm had revenue of $452.80 million for the quarter, compared to analysts' expectations of $490.89 million. Black Hills had a return on equity of 7.98% and a net margin of 13.01%. The business's quarterly revenue was up 3.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.38 EPS. On average, analysts expect Black Hills to post $4.34 EPS for the current fiscal year and $4.58 EPS for the next fiscal year.

Black Hills Price Performance

Shares of BKH opened at $81.83 on Wednesday. The stock has a market capitalization of $6.23 billion, a P/E ratio of 20.66, a P/E/G ratio of 3.15 and a beta of 0.68. Black Hills has a twelve month low of $62.26 and a twelve month high of $81.96. The company has a 50 day moving average of $73.51 and a 200-day moving average of $73.18. The company has a quick ratio of 0.41, a current ratio of 0.52 and a debt-to-equity ratio of 0.99.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. BMO Capital Markets raised their target price on shares of Black Hills from $83.00 to $86.00 and gave the company an "outperform" rating in a research report on Thursday, October 8th. Wall Street Zen raised shares of Black Hills from a "sell" rating to a "hold" rating in a research report on Saturday, August 8th. Weiss Ratings reissued a "buy (b)" rating on shares of Black Hills in a research report on Thursday, October 22nd. Jefferies Financial Group started coverage on shares of Black Hills in a research note on Wednesday, October 14th. They set a "buy" rating and a $87.00 price objective for the company. Finally, Freedom Broker upgraded shares of Black Hills from a "hold" rating to a "buy" rating and increased their price objective for the stock from $69.00 to $78.00 in a research note on Wednesday, October 7th. One research analyst has rated the stock with a Strong Buy rating and seven have issued a Buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of $83.25.

About Black Hills

Black Hills Corporation NYSE: BKH is an energy company headquartered in Rapid City, South Dakota. Through its Black Hills Energy businesses, the company provides regulated electric and natural gas utility services to residential, commercial and industrial customers.

Black Hills operates electric utilities and natural gas distribution systems across parts of Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming. Its activities include generating and purchasing electricity, transmitting and distributing power, distributing natural gas, and developing and maintaining the infrastructure needed to serve its utility customers.

The company traces its history to the Black Hills region and has expanded through the development and acquisition of utility operations in the central and western United States.

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