Black Hills Corp Company Profile (NYSE:BKH)

About Black Hills Corp (NYSE:BKH)

Black Hills Corp logoBlack 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
Capitalization:
  • Market Cap: $3.69 billion
  • Outstanding Shares: 53,461,000
Average Prices:
  • 50 Day Moving Avg: $68.02
  • 200 Day Moving Avg: $63.62
  • 52 Week Range: $54.76 - $69.65
P/E:
  • Trailing P/E Ratio: 34.08
  • Foreward P/E Ratio: 18.16
  • P/E Growth: 1.59
Sales & Book Value:
  • Annual Revenue: $1.68 billion
  • Price / Sales: 2.20
  • Book Value: $31.32 per share
  • Price / Book: 2.20
Dividend:
  • Annual Dividend: $1.78
  • Dividend Yield: 2.6%
Profitability:
  • EBIDTA: $582.25 million
  • Net Margins: 4.65%
  • Return on Equity: 10.39%
  • Return on Assets: 2.65%
Debt:
  • Debt-to-Equity Ratio: 1.87%
  • Current Ratio: 0.87%
  • Quick Ratio: 0.63%
Misc:
  • 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?

Black Hills Corp is scheduled to release their next quarterly earnings announcement on Tuesday, August, 1st 2017. View Earnings Estimates for Black Hills Corp.

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?

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.

Analyst Ratings

Consensus Ratings for Black Hills Corp (NYSE:BKH) (?)
Ratings Breakdown: 6 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $71.00 (2.87% upside)

Analysts' Ratings History for Black Hills Corp (NYSE:BKH)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/15/2017BMO Capital MarketsBoost Price TargetOutperform$67.00 -> $74.00N/AView Rating Details
5/10/2017Singular ResearchBoost Price TargetBuy -> Buy$68.00 -> $75.00LowView Rating Details
3/17/2017Royal Bank of CanadaReiterated RatingBuy$70.00MediumView Rating Details
1/25/2017Credit Suisse Group AGInitiated CoverageOutperform$69.00N/AView Rating Details
8/5/2016JPMorgan Chase & Co.Boost Price TargetOverweight$62.00 -> $67.00N/AView Rating Details
5/24/2016Bank of America CorpReiterated RatingBuyN/AView Rating Details
5/5/2016Williams CapitalBoost Price TargetBuy$63.00 -> $68.00N/AView Rating Details
(Data available from 5/24/2015 forward)

Earnings

Earnings History for Black Hills Corp (NYSE:BKH)
Earnings by Quarter for Black Hills Corp (NYSE:BKH)
Earnings History by Quarter for Black Hills Corp (NYSE:BKH)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/1/2017        
5/3/2017Q1 2017$1.40$1.41$581.00 million$554.00 millionViewListenView Earnings Details
2/1/2017Q4 2016$0.99$1.07$536.20 million$463.80 millionViewListenView Earnings Details
11/2/2016Q316$0.43$0.48$414.77 million$333.80 millionViewN/AView Earnings Details
8/3/2016Q2$0.53$0.39$468.21 million$325.40 millionViewN/AView Earnings Details
5/3/2016Q1$0.99$1.23$488.73 million$450.00 millionViewN/AView Earnings Details
2/2/2016Q4$0.67$0.71$482.49 million$318.30 millionViewN/AView Earnings Details
11/3/2015Q3$0.58$0.64$340.68 million$272.10 millionViewListenView Earnings Details
8/4/2015Q2$0.43$0.56$289.10 million$272.30 millionViewListenView Earnings Details
5/4/2015Q114$1.00$1.07$403.39 million$442.00 millionViewN/AView Earnings Details
2/2/2015Q4$0.77$0.76$361.30 million$378.10 millionViewListenView Earnings Details
11/3/2014Q313$0.52$0.60$289.71 million$272.10 millionViewListenView Earnings Details
8/5/2014Q2$0.49$0.44$332.82 million$283.30 millionViewListenView Earnings Details
5/1/2014Q1$0.89$1.08$396.00 million$460.10 millionViewListenView Earnings Details
2/7/2014Q4$0.62$0.68$359.70 million$355.40 millionViewListenView Earnings Details
11/5/2013Q213$0.44$0.47$323.52 million$259.90 millionViewListenView Earnings Details
8/6/2013Q2 2013$0.42$0.41$285.94 million$279.80 millionViewListenView Earnings Details
5/2/2013Q1 2013$0.74$0.87$381.58 millionViewListenView Earnings Details
1/31/2013Q4 2012$0.63$0.68$365.30 million$356.00 millionViewListenView Earnings Details
11/3/2011$0.36$0.37ViewN/AView Earnings Details
5/10/2011$0.84$0.59ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Black Hills Corp (NYSE:BKH)
2017 EPS Consensus Estimate: $3.60
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$1.44$1.44$1.44
Q2 20171$0.49$0.49$0.49
Q3 20171$0.53$0.53$0.53
Q4 20171$1.14$1.14$1.14
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Black Hills Corp (NYSE:BKH)
Next Dividend:6/1/2017
Annual Dividend:$1.78
Dividend Yield:2.58%
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 Payments by Quarter for Black Hills Corp (NYSE:BKH)

Dividend History by Quarter for Black Hills Corp (NYSE:BKH)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/25/2017quarterly$0.452.6%5/16/20175/18/20176/1/2017
1/26/2017quarterly$0.452.85%2/13/20172/15/20173/1/2017
10/25/2016quarterly$0.422.78%11/15/201611/17/201612/1/2016
8/1/2016quarterly$0.422.64%8/16/20168/18/20169/1/2016
4/26/2016quarterly$0.422.85%5/16/20165/18/20166/1/2016
1/28/2016quarterly$0.423.34%2/11/20162/16/20163/1/2016
10/27/2015quarterly$0.413.54%11/13/201511/17/201512/1/2015
7/30/2015quarterly$0.413.96%8/14/20158/18/20159/1/2015
4/28/2015quarterly$0.413.18%5/14/20155/18/20156/1/2015
1/29/2015quarterly$0.413.13%2/11/20152/13/20153/1/2015
10/28/2014quarterly$0.392.93%11/13/201411/17/201412/1/2014
7/30/2014quarterly$0.392.96%8/13/20148/15/20149/1/2014
4/29/2014quarterly$0.392.71%5/14/20145/16/20146/1/2014
2/3/2014quarterly$0.392.94%2/12/20142/14/20143/1/2014
10/29/2013quarterly$0.383%11/13/201311/15/201312/1/2013
7/25/2013quarterly$0.382.89%8/14/20138/16/20139/1/2013
4/23/2013quarterly$0.383.27%5/15/20135/17/20136/1/2013
1/31/2013quarterly$0.383.72%2/13/20132/15/20133/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Black Hills Corp (NYSE:BKH)
Insider Ownership Percentage: 1.30%
Institutional Ownership Percentage: 89.27%
Insider Trades by Quarter for Black Hills Corp (NYSE:BKH)
Institutional Ownership by Quarter for Black Hills Corp (NYSE:BKH)
Insider Trades by Quarter for Black Hills Corp (NYSE:BKH)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/3/2017Thomas J ZellerDirectorSell284$65.28$18,539.52View SEC Filing  
2/8/2017Jennifer C LandisSVPBuy1,200$60.85$73,020.00View SEC Filing  
11/6/2015Gary L PechotaDirectorBuy1,000$44.29$44,290.00View SEC Filing  
8/26/2015Richard KinzleyCFOBuy1,087$38.76$42,132.12View SEC Filing  
8/26/2015Steven Richard MillsDirectorBuy2,500$38.87$97,175.00View SEC Filing  
8/12/2015Gary L PechotaDirectorBuy1,000$42.25$42,250.00View SEC Filing  
5/14/2015Gary L PechotaDirectorBuy1,000$46.96$46,960.00View SEC Filing  
3/6/2015Richard KinzleyCFOBuy1,003$48.81$48,956.43View SEC Filing  
2/10/2014Robert MyersInsiderSell2,500$54.14$135,350.00View SEC Filing  
6/5/2013Michael MadisonDirectorBuy4,850$47.49$230,326.50View SEC Filing  
8/27/2012Warren L RobinsonDirectorBuy2,000$34.26$68,520.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Black Hills Corp (NYSE:BKH)
Latest Headlines for Black Hills Corp (NYSE:BKH)
Source:
DateHeadline
finance.yahoo.com logoBlack 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
americanbankingnews.com logoBlack Hills Corp (BKH) PT Raised to $75.00
www.americanbankingnews.com - May 14 at 8:22 PM
nasdaq.com logoEx-Dividend Reminder: Walgreens Boots Alliance, Thomson Reuters and Black Hills
www.nasdaq.com - May 12 at 4:29 PM
finance.yahoo.com logoETFs with exposure to Black Hills Corp. : May 9, 2017
finance.yahoo.com - May 9 at 8:57 PM
americanbankingnews.com logoBlack Hills Corp (BKH) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - May 9 at 10:52 AM
finance.yahoo.com logoBlack Hills Corp. :BKH-US: Earnings Analysis: Q1, 2017 By the Numbers : May 8, 2017
finance.yahoo.com - May 8 at 3:50 PM
americanbankingnews.com logoBlack Hills Corp's (BKH) "Outperform" Rating Reiterated at BMO Capital Markets
www.americanbankingnews.com - May 5 at 8:56 PM
americanbankingnews.com logoBlack Hills Corp (BKH) Expected to Post Earnings of $0.49 Per Share
www.americanbankingnews.com - May 5 at 6:10 PM
americanbankingnews.com logoBlack Hills Corp (BKH) Releases Earnings Results, Beats Expectations By $0.01 EPS
www.americanbankingnews.com - May 5 at 5:30 PM
finance.yahoo.com logoEdited Transcript of BKH earnings conference call or presentation 4-May-17 3:00pm GMT
finance.yahoo.com - May 5 at 2:03 AM
seekingalpha.com logoBlack Hills' (BKH) CEO David Emery on Q1 2016 Results - Earnings Call Transcript
seekingalpha.com - May 4 at 4:01 PM
finance.yahoo.com logoBlack Hills posts 1Q profit
finance.yahoo.com - May 4 at 10:12 AM
americanbankingnews.com logoBlack Hills Corp (BKH) Releases FY17 Earnings Guidance
www.americanbankingnews.com - May 4 at 1:12 AM
finance.yahoo.com logoBlack Hills Corp. Reports First Quarter 2017 Results
finance.yahoo.com - May 3 at 6:37 PM
americanbankingnews.com logoSomewhat Positive News Coverage Very Likely to Impact Black Hills Corp (BKH) Stock Price
www.americanbankingnews.com - May 2 at 6:10 PM
americanbankingnews.com logoBlack Hills Corp (BKH) Scheduled to Post Quarterly Earnings on Wednesday
www.americanbankingnews.com - May 1 at 1:20 PM
bizjournals.com logoRepublican state senator would tie Colorado Energy Office renewal to cuts in clean-energy incentives
www.bizjournals.com - April 28 at 9:54 PM
americanbankingnews.com logoPositive Press Coverage Very Likely to Impact Black Hills Corp (BKH) Stock Price
www.americanbankingnews.com - April 28 at 9:31 PM
bizjournals.com logoColorado legislative proposal aims to lessen sting of shut-down power plants
www.bizjournals.com - April 26 at 12:55 PM
americanbankingnews.com logoBlack Hills Corp (BKH) Announces $0.45 Quarterly Dividend
www.americanbankingnews.com - April 25 at 5:53 PM
finance.yahoo.com logoBlack Hills Corp. Announces Quarterly Dividend and AGA Financial Forum Presentation
finance.yahoo.com - April 25 at 12:34 PM
finance.yahoo.com logoKansas City Southern: Coal Growth Story Is Intact in Week 15
finance.yahoo.com - April 21 at 4:03 PM
americanbankingnews.com logoBlack Hills Corp (BKH) Getting Very Positive Press Coverage, Report Shows
www.americanbankingnews.com - April 21 at 8:47 AM
americanbankingnews.com logoSomewhat Negative News Coverage Very Likely to Effect Black Hills Corp (BKH) Stock Price
www.americanbankingnews.com - April 15 at 12:08 PM
americanbankingnews.com logoBlack Hills Corp (BKH) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - April 14 at 11:54 AM
bizjournals.com logoTop Women in Energy - Jennifer Gremmert
www.bizjournals.com - April 14 at 11:10 AM
finance.yahoo.com logoBlack Hills Corp. Schedules 2017 First Quarter Earnings Release and Conference Call
finance.yahoo.com - April 11 at 7:31 AM
americanbankingnews.com logoBlack Hills Corp (BKH) Lowered to "Sell" at Zacks Investment Research
www.americanbankingnews.com - April 10 at 9:02 PM
americanbankingnews.com logoBlack Hills Corp (BKH) Upgraded to Hold by Zacks Investment Research
www.americanbankingnews.com - April 4 at 11:10 PM
americanbankingnews.com logoBlack Hills Corp (BKH) Lifted to "Hold" at Zacks Investment Research
www.americanbankingnews.com - March 27 at 7:36 PM
finance.yahoo.com logoBLACK HILLS CORP /SD/ Financials
finance.yahoo.com - March 2 at 3:32 PM
biz.yahoo.com logoBLACK HILLS CORP /SD/ Files SEC form 10-K, Annual Report
biz.yahoo.com - February 27 at 11:08 AM
bizjournals.com logoHickenlooper's picks for Colorado PUC sail through Senate confirmation
www.bizjournals.com - February 10 at 8:27 PM
nasdaq.com logoBlack Hills Breaks Below 200-Day Moving Average - Notable for BKH
www.nasdaq.com - February 9 at 9:08 PM
bizjournals.com logoHickenlooper's picks for Public Utilities Commission feel the heat at state Senate hearing
www.bizjournals.com - February 9 at 9:08 PM
finance.yahoo.com logoOptions Traders Expect Huge Moves in Black Hills (BKH) Stock
finance.yahoo.com - February 9 at 4:07 PM
finance.yahoo.com logoEdited Transcript of BKH earnings conference call or presentation 2-Feb-17 4:00pm GMT
finance.yahoo.com - February 3 at 2:05 AM
us.rd.yahoo.com logoBlack Hills Corp. Reports 2016 Fourth Quarter and Full Year Results
us.rd.yahoo.com - February 2 at 4:04 PM
us.rd.yahoo.com logo4:42 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
nasdaq.com logoBlack Hills Corp Bottom Line Advances 74% In Q4
www.nasdaq.com - February 1 at 9:11 PM
biz.yahoo.com logoQ4 2016 Black Hills Corp Earnings Release - After Market Close
biz.yahoo.com - February 1 at 4:10 PM
finance.yahoo.com logoShould You Buy Black Hills (BKH) Ahead of Earnings?
finance.yahoo.com - January 31 at 4:14 PM
finance.yahoo.com logoBlack Hills Corp. Announces Executive Leadership Changes and Officer Appointment
finance.yahoo.com - January 30 at 8:49 PM
us.rd.yahoo.com logoCoverage initiated on Black Hills Corp by Credit Suisse
us.rd.yahoo.com - January 26 at 2:42 AM
finance.yahoo.com logo4:18 pm Black Hills Corp increases quarterly dividend to $0.445/share from $0.42/share
finance.yahoo.com - January 25 at 9:41 PM
finance.yahoo.com logoBlack Hills Corp. Announces 47th Consecutive Annual Dividend Increase
finance.yahoo.com - January 25 at 4:34 PM
bizjournals.com logoXcel, other mountain-states power providers eye cost-saving regional move
www.bizjournals.com - January 6 at 9:34 PM

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Chart

Black Hills Corp (BKH) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff