Black Hills Corporation is a holding company. The Company is an integrated energy company, which is focused primarily on regulated utilities. The Company operates through segments, including Electric Utilities, Gas Utilities, Power Generation, Mining, Oil and Gas, and Corporate. As of December 31, 2016, the Electric Utilities segment generated, transmitted and distributed electricity to approximately 208,500 customers in South Dakota, Wyoming, Colorado and Montana. The Gas Utilities Segment includes the natural gas operations of Cheyenne Light. The Power Generation segment produces electric power from its generating plants and sells the electric capacity and energy principally to its utilities under long-term contracts. The Mining segment operates through its Wyodak Resources Development Corp. (WRDC) subsidiary. The Company's Oil and Gas segment acquires, explores for, develops and produces natural gas and crude oil in the United States primarily in the Rocky Mountain region.
Industry, Sector and Symbol:
- Sector: Utilities
- Industry: Electric Utilities
- Sub-Industry: Multi-Utilities
- Symbol: NYSE:BKH
- CUSIP: 09211310
- Web: www.blackhillscorp.com
- Market Cap: $3.69 billion
- Outstanding Shares: 53,461,000
- 50 Day Moving Avg: $68.02
- 200 Day Moving Avg: $63.62
- 52 Week Range: $54.76 - $69.65
Sales & Book Value:
- Trailing P/E Ratio: 34.08
- Foreward P/E Ratio: 18.16
- P/E Growth: 1.59
- Annual Revenue: $1.68 billion
- Price / Sales: 2.20
- Book Value: $31.32 per share
- Price / Book: 2.20
- Annual Dividend: $1.78
- Dividend Yield: 2.6%
- EBIDTA: $582.25 million
- Net Margins: 4.65%
- Return on Equity: 10.39%
- Return on Assets: 2.65%
- Debt-to-Equity Ratio: 1.87%
- Current Ratio: 0.87%
- Quick Ratio: 0.63%
- Average Volume: 377,319 shs.
- Beta: 0.71
- Short Ratio: 13.93
Frequently Asked Questions for Black Hills Corp (NYSE:BKH)
What is Black Hills Corp's stock symbol?
Black Hills Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "BKH."
How often does Black Hills Corp pay dividends? What is the dividend yield for Black Hills Corp?
Black Hills Corp declared a quarterly dividend on Tuesday, April 25th. Stockholders of record on Thursday, May 18th will be paid a dividend of $0.445 per share on Thursday, June 1st. This represents a $1.78 dividend on an annualized basis and a dividend yield of 2.58%. The ex-dividend date of this dividend is Tuesday, May 16th. View Black Hills Corp's Dividend History.
How were Black Hills Corp's earnings last quarter?
Black Hills Corp (NYSE:BKH) issued its quarterly earnings data on Wednesday, May, 3rd. The company reported $1.41 EPS for the quarter, topping analysts' consensus estimates of $1.40 by $0.01. The firm had revenue of $554 million for the quarter, compared to analyst estimates of $581 million. Black Hills Corp had a net margin of 4.65% and a return on equity of 10.39%. Black Hills Corp's quarterly revenue was up 23.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.23 EPS. View Black Hills Corp's Earnings History.
When will Black Hills Corp make its next earnings announcement?
What guidance has Black Hills Corp issued on next quarter's earnings?
Black Hills Corp updated its FY17 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) guidance of $3.45-$3.65 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.55.
Where is Black Hills Corp's stock going? Where will Black Hills Corp's stock price be in 2017?
6 brokerages have issued 12-month price targets for Black Hills Corp's stock. Their forecasts range from $67.00 to $75.00. On average, they expect Black Hills Corp's share price to reach $71.00 in the next twelve months. View Analyst Ratings for Black Hills Corp.
Who are some of Black Hills Corp's key competitors?
Some companies that are related to Black Hills Corp include OGE Energy Corp. (OGE), Pepco Holdings LLC (POM), Enel Generacion Chile SA (EOCC), Great Plains Energy Incorporated (GXP), Calpine (CPN), Pampa Energia S.A. (PAM), IDACORP (IDA), Portland General Electric Company (POR), Hawaiian Electric Industries (HE), Cia Energetica de Minas Gerais CEMIG-ADR (CIG), Ormat Technologies (ORA), Companhia Paranaense de Energia (ELP), El Paso Electric Company (EE), Atlantica Yield PLC (ABY), NRG Yield, Inc. Class C (NYLD), Empresa Distribuidora y Cmrz Nrt SA (EDN), Dynegy (DYN) and Atlantic Power Corp (AT).
Who owns Black Hills Corp stock?
Black Hills Corp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.44%), Vanguard Group Inc. (9.56%), State Street Corp (9.26%), Goldman Sachs Group Inc. (4.34%), Wellington Management Group LLP (3.63%) and Victory Capital Management Inc. (2.36%). Company insiders that own Black Hills Corp stock include Gary L Pechota, Jennifer C Landis, Richard Kinzley, Steven Richard Mills and Thomas J Zeller. View Institutional Ownership Trends for Black Hills Corp.
Who sold Black Hills Corp stock? Who is selling Black Hills Corp stock?
Black Hills Corp's stock was sold by a variety of institutional investors in the last quarter, including Systematic Financial Management LP, Blackstart Capital LP, IronBridge Capital Management LP, Victory Capital Management Inc., Credit Suisse AG, State of Wisconsin Investment Board, FMR LLC and Morgan Stanley. View Insider Buying and Selling for Black Hills Corp.
Who bought Black Hills Corp stock? Who is buying Black Hills Corp stock?
Black Hills Corp's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Goldman Sachs Group Inc., Vanguard Group Inc., Wellington Management Group LLP, Kennedy Capital Management Inc., Renaissance Technologies LLC, Legal & General Group Plc and Macquarie Group Ltd.. Company insiders that have bought Black Hills Corp stock in the last two years include Gary L Pechota, Jennifer C Landis, Richard Kinzley and Steven Richard Mills. View Insider Buying and Selling for Black Hills Corp.
How do I buy Black Hills Corp stock?
Shares of Black Hills Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Black Hills Corp stock cost?
One share of Black Hills Corp stock can currently be purchased for approximately $69.02.
Earnings History for Black Hills Corp (NYSE:BKH)Earnings History by Quarter for Black Hills Corp (NYSE:BKH)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/1/2017|| || || || || || || || |
|5/3/2017||Q1 2017||$1.40||$1.41||$581.00 million||$554.00 million||View||Listen|
|2/1/2017||Q4 2016||$0.99||$1.07||$536.20 million||$463.80 million||View||Listen|
|11/2/2016||Q316||$0.43||$0.48||$414.77 million||$333.80 million||View||N/A|
|8/3/2016||Q2||$0.53||$0.39||$468.21 million||$325.40 million||View||N/A|
|5/3/2016||Q1||$0.99||$1.23||$488.73 million||$450.00 million||View||N/A|
|2/2/2016||Q4||$0.67||$0.71||$482.49 million||$318.30 million||View||N/A|
|11/3/2015||Q3||$0.58||$0.64||$340.68 million||$272.10 million||View||Listen|
|8/4/2015||Q2||$0.43||$0.56||$289.10 million||$272.30 million||View||Listen|
|5/4/2015||Q114||$1.00||$1.07||$403.39 million||$442.00 million||View||N/A|
|2/2/2015||Q4||$0.77||$0.76||$361.30 million||$378.10 million||View||Listen|
|11/3/2014||Q313||$0.52||$0.60||$289.71 million||$272.10 million||View||Listen|
|8/5/2014||Q2||$0.49||$0.44||$332.82 million||$283.30 million||View||Listen|
|5/1/2014||Q1||$0.89||$1.08||$396.00 million||$460.10 million||View||Listen|
|2/7/2014||Q4||$0.62||$0.68||$359.70 million||$355.40 million||View||Listen|
|11/5/2013||Q213||$0.44||$0.47||$323.52 million||$259.90 million||View||Listen|
|8/6/2013||Q2 2013||$0.42||$0.41||$285.94 million||$279.80 million||View||Listen|
|5/2/2013||Q1 2013||$0.74||$0.87||$381.58 million||View||Listen|
|1/31/2013||Q4 2012||$0.63||$0.68||$365.30 million||$356.00 million||View||Listen|
Earnings Estimates for Black Hills Corp (NYSE:BKH)
2017 EPS Consensus Estimate: $3.60
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Black Hills Corp (NYSE:BKH)
|Dividend Growth:||3.40% (3 Year Average)|
|Payout Ratio:||129.93% (Trailing 12 Months of Earnings) |
49.31% (Based on This Year's Estimates)
46.84% (Based on Next Year's Estimates)
|Track Record:||47 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Black Hills Corp (NYSE:BKH)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Black Hills Corp (NYSE:BKH)
Insider Ownership Percentage: 1.30%Insider Trades by Quarter for Black Hills Corp (NYSE:BKH)
Institutional Ownership Percentage: 89.27%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|3/3/2017||Thomas J Zeller||Director||Sell||284||$65.28||$18,539.52|| |
|2/8/2017||Jennifer C Landis||SVP||Buy||1,200||$60.85||$73,020.00|| |
|11/6/2015||Gary L Pechota||Director||Buy||1,000||$44.29||$44,290.00|| |
|8/26/2015||Richard Kinzley||CFO||Buy||1,087||$38.76||$42,132.12|| |
|8/26/2015||Steven Richard Mills||Director||Buy||2,500||$38.87||$97,175.00|| |
|8/12/2015||Gary L Pechota||Director||Buy||1,000||$42.25||$42,250.00|| |
|5/14/2015||Gary L Pechota||Director||Buy||1,000||$46.96||$46,960.00|| |
|3/6/2015||Richard Kinzley||CFO||Buy||1,003||$48.81||$48,956.43|| |
|2/10/2014||Robert Myers||Insider||Sell||2,500||$54.14||$135,350.00|| |
|6/5/2013||Michael Madison||Director||Buy||4,850||$47.49||$230,326.50|| |
|8/27/2012||Warren L Robinson||Director||Buy||2,000||$34.26||$68,520.00|| |
Headline Trends for Black Hills Corp (NYSE:BKH)
Latest Headlines for Black Hills Corp (NYSE:BKH)
|Black Hills Corp. : BKH-US: Dividend Analysis : May 18th, 2017 (record date) : By the numbers : May 18, 2017|
finance.yahoo.com - May 18 at 3:53 PM
|Black Hills Corp (BKH) PT Raised to $75.00|
www.americanbankingnews.com - May 14 at 8:22 PM
|Ex-Dividend Reminder: Walgreens Boots Alliance, Thomson Reuters and Black Hills|
www.nasdaq.com - May 12 at 4:29 PM
|ETFs with exposure to Black Hills Corp. : May 9, 2017|
finance.yahoo.com - May 9 at 8:57 PM
|Black Hills Corp (BKH) Receives Average Rating of "Buy" from Analysts|
www.americanbankingnews.com - May 9 at 10:52 AM
|Black Hills Corp. :BKH-US: Earnings Analysis: Q1, 2017 By the Numbers : May 8, 2017|
finance.yahoo.com - May 8 at 3:50 PM
|Black Hills Corp's (BKH) "Outperform" Rating Reiterated at BMO Capital Markets|
www.americanbankingnews.com - May 5 at 8:56 PM
|Black Hills Corp (BKH) Expected to Post Earnings of $0.49 Per Share|
www.americanbankingnews.com - May 5 at 6:10 PM
|Black Hills Corp (BKH) Releases Earnings Results, Beats Expectations By $0.01 EPS|
www.americanbankingnews.com - May 5 at 5:30 PM
|Edited Transcript of BKH earnings conference call or presentation 4-May-17 3:00pm GMT|
finance.yahoo.com - May 5 at 2:03 AM
|Black Hills' (BKH) CEO David Emery on Q1 2016 Results - Earnings Call Transcript|
seekingalpha.com - May 4 at 4:01 PM
|Black Hills posts 1Q profit|
finance.yahoo.com - May 4 at 10:12 AM
|Black Hills Corp (BKH) Releases FY17 Earnings Guidance|
www.americanbankingnews.com - May 4 at 1:12 AM
|Black Hills Corp. Reports First Quarter 2017 Results|
finance.yahoo.com - May 3 at 6:37 PM
|Somewhat Positive News Coverage Very Likely to Impact Black Hills Corp (BKH) Stock Price|
www.americanbankingnews.com - May 2 at 6:10 PM
|Black Hills Corp (BKH) Scheduled to Post Quarterly Earnings on Wednesday|
www.americanbankingnews.com - May 1 at 1:20 PM
|Republican state senator would tie Colorado Energy Office renewal to cuts in clean-energy incentives|
www.bizjournals.com - April 28 at 9:54 PM
|Positive Press Coverage Very Likely to Impact Black Hills Corp (BKH) Stock Price|
www.americanbankingnews.com - April 28 at 9:31 PM
|Colorado legislative proposal aims to lessen sting of shut-down power plants|
www.bizjournals.com - April 26 at 12:55 PM
|Black Hills Corp (BKH) Announces $0.45 Quarterly Dividend|
www.americanbankingnews.com - April 25 at 5:53 PM
|Black Hills Corp. Announces Quarterly Dividend and AGA Financial Forum Presentation|
finance.yahoo.com - April 25 at 12:34 PM
|Kansas City Southern: Coal Growth Story Is Intact in Week 15|
finance.yahoo.com - April 21 at 4:03 PM
|Black Hills Corp (BKH) Getting Very Positive Press Coverage, Report Shows|
www.americanbankingnews.com - April 21 at 8:47 AM
|Somewhat Negative News Coverage Very Likely to Effect Black Hills Corp (BKH) Stock Price|
www.americanbankingnews.com - April 15 at 12:08 PM
|Black Hills Corp (BKH) Receives Average Recommendation of "Buy" from Analysts|
www.americanbankingnews.com - April 14 at 11:54 AM
|Top Women in Energy - Jennifer Gremmert|
www.bizjournals.com - April 14 at 11:10 AM
|Black Hills Corp. Schedules 2017 First Quarter Earnings Release and Conference Call|
finance.yahoo.com - April 11 at 7:31 AM
|Black Hills Corp (BKH) Lowered to "Sell" at Zacks Investment Research|
www.americanbankingnews.com - April 10 at 9:02 PM
|Black Hills Corp (BKH) Upgraded to Hold by Zacks Investment Research|
www.americanbankingnews.com - April 4 at 11:10 PM
|Black Hills Corp (BKH) Lifted to "Hold" at Zacks Investment Research|
www.americanbankingnews.com - March 27 at 7:36 PM
|BLACK HILLS CORP /SD/ Financials|
finance.yahoo.com - March 2 at 3:32 PM
|BLACK HILLS CORP /SD/ Files SEC form 10-K, Annual Report|
biz.yahoo.com - February 27 at 11:08 AM
|Hickenlooper's picks for Colorado PUC sail through Senate confirmation|
www.bizjournals.com - February 10 at 8:27 PM
|Black Hills Breaks Below 200-Day Moving Average - Notable for BKH|
www.nasdaq.com - February 9 at 9:08 PM
|Hickenlooper's picks for Public Utilities Commission feel the heat at state Senate hearing|
www.bizjournals.com - February 9 at 9:08 PM
|Options Traders Expect Huge Moves in Black Hills (BKH) Stock|
finance.yahoo.com - February 9 at 4:07 PM
|Edited Transcript of BKH earnings conference call or presentation 2-Feb-17 4:00pm GMT|
finance.yahoo.com - February 3 at 2:05 AM
|Black Hills Corp. Reports 2016 Fourth Quarter and Full Year Results|
us.rd.yahoo.com - February 2 at 4:04 PM
|4:42 pm Black Hills Corp misses by $0.09, beats on revs; guides FY17 EPS in-line|
us.rd.yahoo.com - February 2 at 4:04 PM
|Black Hills Corp Bottom Line Advances 74% In Q4|
www.nasdaq.com - February 1 at 9:11 PM
|Q4 2016 Black Hills Corp Earnings Release - After Market Close|
biz.yahoo.com - February 1 at 4:10 PM
|Should You Buy Black Hills (BKH) Ahead of Earnings?|
finance.yahoo.com - January 31 at 4:14 PM
|Black Hills Corp. Announces Executive Leadership Changes and Officer Appointment|
finance.yahoo.com - January 30 at 8:49 PM
|Coverage initiated on Black Hills Corp by Credit Suisse|
us.rd.yahoo.com - January 26 at 2:42 AM
|4:18 pm Black Hills Corp increases quarterly dividend to $0.445/share from $0.42/share|
finance.yahoo.com - January 25 at 9:41 PM
|Black Hills Corp. Announces 47th Consecutive Annual Dividend Increase|
finance.yahoo.com - January 25 at 4:34 PM
|Xcel, other mountain-states power providers eye cost-saving regional move|
www.bizjournals.com - January 6 at 9:34 PM
Black Hills Corp (BKH) Chart for Wednesday, May, 24, 2017