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NYSE:BKH

Black Hills (BKH) Stock Price, News & Analysis

$52.00
-0.24 (-0.46%)
(As of 04:27 PM ET)
Today's Range
$51.60
$52.51
50-Day Range
$49.65
$54.60
52-Week Range
$46.43
$66.85
Volume
382,254 shs
Average Volume
557,469 shs
Market Capitalization
$3.55 billion
P/E Ratio
13.27
Dividend Yield
5.00%
Price Target
$55.80

Black Hills MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.80 Rating Score
Upside/​Downside
7.3% Upside
$55.80 Price Target
Short Interest
Healthy
4.25% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-6.48
Upright™ Environmental Score
News Sentiment
0.27mentions of Black Hills in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.35 out of 5 stars

Utilities Sector

69th out of 90 stocks

Electric Services Industry

30th out of 40 stocks

BKH stock logo

About Black Hills Stock (NYSE:BKH)

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. The Gas Utilities segment distributes natural gas to approximately 1,116,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming; owns and operates 4,663 miles of intrastate gas transmission pipelines; 42,514 miles of gas distribution mains and service lines; seven natural gas storage sites; and approximately 50,000 horsepower of compression and 516 miles of gathering lines. It also constructs and maintains customer owned gas infrastructure facilities for gas transportation customers; and provides appliance repair services to residential utility customers, as well as electrical system construction services to large industrial customers. In addition, the company produces electric power through wind, natural gas, and coal-fired generating plants; and coal at its coal mine located near Gillette, Wyoming. Black Hills Corporation was incorporated in 1941 and is headquartered in Rapid City, South Dakota.

BKH Stock Price History

BKH Stock News Headlines

Native American-led nonprofit says it bought 40 acres in the Black Hills of South Dakota
A Native American-led nonprofit says it has purchased about 40 acres of land in South Dakota's Black Hills area
Elon’s Secret A.I. Supplier… REVEALED
After revolutionizing online payment processing (PayPal), space exploration (SpaceX) and the auto industry (Tesla)... He’s getting ready to do it again with his new A.I. venture. This could be bigger than Tesla, bigger than SpaceX, and bigger than Paypal.
Elon’s Secret A.I. Supplier… REVEALED
After revolutionizing online payment processing (PayPal), space exploration (SpaceX) and the auto industry (Tesla)... He’s getting ready to do it again with his new A.I. venture. This could be bigger than Tesla, bigger than SpaceX, and bigger than Paypal.
Black Hills Stock a Dividend Aristocrat That Yields 5%
Tumwater cruises past Black Hills in EvCo tussle
BKH Apr 2024 50.000 call
See More Headlines
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Company Calendar

Last Earnings
2/08/2024
Ex-Dividend for 3/1 Dividend
2/15/2024
Dividend Payable
3/01/2024
Today
4/15/2024
Next Earnings (Confirmed)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric services
Sub-Industry
Multi-Utilities
CUSIP
09211310
Employees
2,874
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$55.80
High Stock Price Target
$62.00
Low Stock Price Target
$49.00
Potential Upside/Downside
+7.9%
Consensus Rating
Reduce
Rating Score (0-4)
1.80
Research Coverage
5 Analysts

Profitability

Net Income
$262.20 million
Pretax Margin
12.94%

Debt

Sales & Book Value

Annual Sales
$2.33 billion
Cash Flow
$7.71 per share
Book Value
$48.62 per share

Miscellaneous

Free Float
67,860,000
Market Cap
$3.53 billion
Optionable
Optionable
Beta
0.64
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Key Executives

  • Mr. Linden R. EvansMr. Linden R. Evans (Age 61)
    President, CEO & Director
    Comp: $2.87M
  • Ms. Kimberly F. Nooney (Age 52)
    Senior VP & CFO
    Comp: $1.11M
  • Mr. Erik D. Keller (Age 60)
    Senior VP & Chief Information Officer
    Comp: $764.12k
  • Mr. Brian G. Iverson (Age 61)
    Senior VP, General Counsel & Chief Compliance Officer
    Comp: $1.06M
  • Ms. Marne M. Jones (Age 50)
    Senior Vice President of Utilities
    Comp: $1.16M
  • Mr. Jerome E. Nichols
    Director of Investor Relations
  • Ms. Todd Jacobs (Age 55)
    Senior Vice President Growth and Strategy
  • Ms. Amy K. Koenig (Age 50)
    VP of Governance, Corporate Secretary & Deputy General Counsel
  • Mr. Courtney Hebert
    VP, Corporate Controller & Chief Risk Officer
  • Mr. Tom Stevens
    VP & Treasurer

BKH Stock Analysis - Frequently Asked Questions

Should I buy or sell Black Hills stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Black Hills in the last year. There are currently 1 sell rating and 4 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" BKH shares.
View BKH analyst ratings
or view top-rated stocks.

What is Black Hills' stock price target for 2024?

5 brokerages have issued 1-year price targets for Black Hills' stock. Their BKH share price targets range from $49.00 to $62.00. On average, they expect the company's share price to reach $55.80 in the next year. This suggests a possible upside of 7.3% from the stock's current price.
View analysts price targets for BKH
or view top-rated stocks among Wall Street analysts.

How have BKH shares performed in 2024?

Black Hills' stock was trading at $53.95 on January 1st, 2024. Since then, BKH shares have decreased by 3.6% and is now trading at $52.00.
View the best growth stocks for 2024 here
.

Are investors shorting Black Hills?

Black Hills saw a decrease in short interest in March. As of March 31st, there was short interest totaling 2,900,000 shares, a decrease of 7.6% from the March 15th total of 3,140,000 shares. Based on an average daily trading volume, of 573,500 shares, the short-interest ratio is currently 5.1 days.
View Black Hills' Short Interest
.

When is Black Hills' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our BKH earnings forecast
.

How can I listen to Black Hills' earnings call?

Black Hills will be holding an earnings conference call on Thursday, May 9th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Black Hills' earnings last quarter?

Black Hills Co. (NYSE:BKH) announced its quarterly earnings data on Thursday, February, 8th. The utilities provider reported $1.17 EPS for the quarter, beating analysts' consensus estimates of $1.06 by $0.11. The utilities provider earned $591.70 million during the quarter, compared to analyst estimates of $863.67 million. Black Hills had a net margin of 11.25% and a trailing twelve-month return on equity of 8.09%. During the same period in the prior year, the firm earned $1.11 earnings per share.

How often does Black Hills pay dividends? What is the dividend yield for Black Hills?

Black Hills announced a quarterly dividend on Friday, January 26th. Shareholders of record on Friday, February 16th will be given a dividend of $0.65 per share on Friday, March 1st. This represents a $2.60 dividend on an annualized basis and a dividend yield of 5.00%. The ex-dividend date of this dividend is Thursday, February 15th. This is a positive change from the stock's previous quarterly dividend of $0.63.
Read our dividend analysis for BKH
.

Is Black Hills a good dividend stock?

Black Hills (NYSE:BKH) pays an annual dividend of $2.60 per share and currently has a dividend yield of 4.98%. BKH has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 66.33%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for BKH.

What guidance has Black Hills issued on next quarter's earnings?

Black Hills issued an update on its FY 2024 earnings guidance on Thursday, March, 28th. The company provided earnings per share guidance of 3.800-4.000 for the period, compared to the consensus EPS estimate of 3.890. The company issued revenue guidance of -.

What is Linn Evans' approval rating as Black Hills' CEO?

9 employees have rated Black Hills Chief Executive Officer Linn Evans on Glassdoor.com. Linn Evans has an approval rating of 85% among the company's employees.

What other stocks do shareholders of Black Hills own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Black Hills investors own include Verizon Communications (VZ), AT&T (T), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Altria Group (MO), United Technologies (UTX), Enterprise Products Partners (EPD), Coca-Cola (KO), Procter & Gamble (PG) and Bank of Hawaii (BOH).

Who are Black Hills' major shareholders?

Black Hills' stock is owned by many different retail and institutional investors. Top institutional investors include Congress Asset Management Co. MA (0.08%), First PREMIER Bank (0.04%), AdvisorNet Financial Inc (0.03%), Miller Howard Investments Inc. NY (0.02%), Martin Capital Partners LLC (0.02%) and Ridgewood Investments LLC (0.01%). Insiders that own company stock include Rebecca B Roberts, Richard Kinzley, Stuart A Wevik and Stuart A Wevik.
View institutional ownership trends
.

How do I buy shares of Black Hills?

Shares of BKH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:BKH) was last updated on 4/15/2024 by MarketBeat.com Staff

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