NYSE:BKH Black Hills (BKH) Stock Forecast, Price & News $52.05 -1.72 (-3.20%) (As of 09/26/2023 ET) Add Compare Share Share Today's Range$51.95▼$53.5950-Day Range$53.52▼$61.5452-Week Range$51.95▼$73.98Volume353,921 shsAverage Volume496,882 shsMarket Capitalization$3.49 billionP/E Ratio13.95Dividend Yield4.80%Price Target$61.67 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Black Hills MarketRank™ ForecastAnalyst RatingReduce1.67 Rating ScoreUpside/Downside18.5% Upside$61.67 Price TargetShort InterestHealthy2.55% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-7.05Upright™ Environmental ScoreNews Sentiment0.61Based on 10 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.13 out of 5 starsUtilities Sector63rd out of 84 stocksElectric Services Industry32nd out of 41 stocks 1.8 Analyst's Opinion Consensus RatingBlack Hills has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no buy ratings, 4 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $61.67, Black Hills has a forecasted upside of 18.5% from its current price of $52.03.Amount of Analyst CoverageBlack Hills has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.55% of the outstanding shares of Black Hills have been sold short.Short Interest Ratio / Days to CoverBlack Hills has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Black Hills has recently increased by 18.75%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend LeadershipBlack Hills is a leading dividend payer. It pays a dividend yield of 4.66%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBlack Hills has been increasing its dividend for 52 years.Dividend CoverageThe dividend payout ratio of Black Hills is 67.02%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 1.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBlack Hills has received a -4.98% net impact score from Upright. The largest negative impact of Black Hills in category "GHG emissions" seems to be driven mostly by its "Operation of coal power plants", "Natural gas distribution services", and "Electricity distribution services of electricity produced with fossil fuels" products. See details.Environmental SustainabilityThe Environmental Impact score for Black Hills is -7.05. Previous Next 2.6 News and Social Media Coverage News SentimentBlack Hills has a news sentiment score of 0.61. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Utilities companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Black Hills this week, compared to 3 articles on an average week.Search InterestOnly 10 people have searched for BKH on MarketBeat in the last 30 days. This is a decrease of -9% compared to the previous 30 days.MarketBeat Follows7 people have added Black Hills to their MarketBeat watchlist in the last 30 days. This is an increase of 75% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Black Hills insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.61% of the stock of Black Hills is held by insiders.Percentage Held by Institutions86.64% of the stock of Black Hills is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Black Hills is 13.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.95.Price to Earnings Ratio vs. SectorThe P/E ratio of Black Hills is 13.95, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 92.51.Price to Earnings Growth RatioBlack Hills has a PEG Ratio of 6.54. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioBlack Hills has a P/B Ratio of 1.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Black Hills (NYSE:BKH) StockBlack Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. It operates in two segments, Electric Utilities and Gas Utilities. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 220,000 electric utility customers in Colorado, Montana, South Dakota, and Wyoming; and owns and operates 1,482 megawatts of generation capacity and 9,024 miles of electric transmission and distribution lines. The Gas Utilities segment distributes natural gas to approximately 1,107,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming; owns and operates 4,713 miles of intrastate gas transmission pipelines; 42,222 miles of gas distribution mains and service lines; seven natural gas storage sites; and approximately 50,000 horsepower of compression and 515 miles of gathering lines. The company also constructs and maintains 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, it produces electric power through wind, natural gas, and coal-fired generating plants; and coal at its coal mine located near Gillette, Wyoming. The company was incorporated in 1941 and is headquartered in Rapid City, South Dakota.Read More BKH Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BKH Stock News HeadlinesSeptember 26, 2023 | americanbankingnews.comBlack Hills (NYSE:BKH) Reaches New 1-Year Low Following Analyst DowngradeSeptember 25, 2023 | americanbankingnews.comBrokerages Set Black Hills Co. (NYSE:BKH) Target Price at $62.17September 26, 2023 | Micro-Cap Stock Trader (Ad)Unlock the treasure on Mount Olympus with this little-known mining stock.Investor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsSeptember 24, 2023 | americanbankingnews.comMizuho Lowers Black Hills (NYSE:BKH) Price Target to $53.00September 23, 2023 | finance.yahoo.comWhy Southern Company's Dividend Is Even More Impressive Than You ThinkSeptember 22, 2023 | markets.businessinsider.comExpert Ratings for Black HillsSeptember 19, 2023 | americanbankingnews.comBlack Hills Co. (NYSE:BKH) Short Interest UpdateSeptember 7, 2023 | msn.comRBC Capital Maintains Black Hills (BKH) Sector Perform RecommendationSeptember 26, 2023 | Micro-Cap Stock Trader (Ad)U.S. drive to onshore battery supply chains could create big winners in lithiumInvestor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsSeptember 6, 2023 | finance.yahoo.comBlack Hills Corp. Announces Pricing of $450 Million Debt OfferingSeptember 6, 2023 | markets.businessinsider.comRBC Capital Maintains Sector Perform Rating for Black Hills: Here's What You Need To KnowAugust 12, 2023 | finance.yahoo.comDo These 3 Checks Before Buying Black Hills Corporation (NYSE:BKH) For Its Upcoming DividendAugust 8, 2023 | markets.businessinsider.comMizuho Securities Keeps Their Sell Rating on Black Hills (BKH)August 5, 2023 | finance.yahoo.comHere's What's Concerning About Black Hills' (NYSE:BKH) Returns On CapitalAugust 5, 2023 | msn.comWells Fargo Maintains Black Hills (BKH) Equal-Weight RecommendationAugust 4, 2023 | finance.yahoo.comBlack Hills: Buy, Sell, or Hold?August 4, 2023 | finance.yahoo.comQ2 2023 Black Hills Corp Earnings CallAugust 3, 2023 | seekingalpha.comBlack Hills Corporation 2023 Q2 - Results - Earnings Call PresentationAugust 3, 2023 | uk.finance.yahoo.comBKH - Black Hills CorporationAugust 3, 2023 | finance.yahoo.comBlack Hills Corp. Reports 2023 Second-Quarter Results and Reaffirms 2023 Earnings GuidanceJuly 25, 2023 | seekingalpha.comWhy I Believe Black Hills Corporation Is A Buy NowJuly 21, 2023 | msn.comMizuho Maintains Black Hills (BKH) Underperform RecommendationJuly 18, 2023 | finance.yahoo.comBlack Hills Corp. Natural Gas Intrastate Pipeline Company Receives Approval for New Rates in ColoradoJuly 7, 2023 | thestreet.comBlack Hills Stock To Go Ex-dividend Monday (BKH)July 6, 2023 | finance.yahoo.com2 Bear Market Stocks That Very Well Could Make You RicherJuly 5, 2023 | finance.yahoo.comBlack Hills Corp. Schedules 2023 Second Quarter Earnings Release and Conference CallJune 14, 2023 | finance.yahoo.comBlack Hills Corp. Announces Key Executive Leadership AppointmentsSee More Headlines Receive BKH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Black Hills and its competitors with MarketBeat's FREE daily newsletter. Email Address BKH Company Calendar Last Earnings8/02/2023Ex-Dividend for 9/1 Dividend8/17/2023Dividend Payable9/01/2023Today9/26/2023Next Earnings (Estimated)11/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Electric services Sub-IndustryMulti-Utilities SectorUtilities Current SymbolNYSE:BKH CUSIP09211310 CIK1130464 Webwww.blackhillscorp.com Phone(605) 721-1700Fax605-348-4748Employees2,982Year FoundedN/APrice Target and Rating Average Stock Price Forecast$61.67 High Stock Price Forecast$67.00 Low Stock Price Forecast$53.00 Forecasted Upside/Downside+16.6%Consensus RatingReduce Rating Score (0-4)1.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$3.73 Trailing P/E Ratio14.18 Forward P/E Ratio14.18 P/E Growth6.54Net Income$258.39 million Net Margins9.46% Pretax Margin10.74% Return on Equity7.85% Return on Assets2.59% Debt Debt-to-Equity Ratio1.24 Current Ratio0.82 Quick Ratio0.68 Sales & Book Value Annual Sales$2.55 billion Price / Sales1.39 Cash Flow$7.86 per share Price / Cash Flow6.73 Book Value$47.48 per share Price / Book1.11Miscellaneous Outstanding Shares67,110,000Free Float66,702,000Market Cap$3.55 billion OptionableOptionable Beta0.59 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Linden R. Evans (Age 60)Pres, CEO & Director Comp: $2.09MMr. Erik D. Keller (Age 59)Sr. VP & Chief Information Officer Comp: $587.11kMr. Brian G. Iverson (Age 60)Sr. VP, Gen. Counsel & Chief Compliance Officer Comp: $754.79kMs. Kimberly F. NooneySr. VP & CFOMr. Jerome E. NicholsDirector of Investor RelationsMs. Todd JacobsSr. VP Growth and StrategyMs. Marne M. Jones (Age 50)Sr. VP of Utilities Ms. Amy K. Koenig (Age 49)VP of Governance, Corp. Sec. & Deputy Gen. Counsel Mr. Courtney HebertVP, Corp. Controller & Chief Risk OfficerMr. Tom StevensVP & TreasurerMore ExecutivesKey CompetitorsPNM ResourcesNYSE:PNMOtter TailNASDAQ:OTTRPortland General ElectricNYSE:POREnel ChileNYSE:ENICAlgonquin Power & UtilitiesNYSE:AQNView All CompetitorsInsiders & InstitutionsBarclays PLCBought 3,244 shares on 9/21/2023Ownership: 0.085%ST Germain D J Co. Inc.Bought 496 shares on 9/7/2023Ownership: 0.001%Comerica BankBought 183,046 shares on 8/22/2023Ownership: 0.273%California State Teachers Retirement SystemSold 838 shares on 8/21/2023Ownership: 0.121%Teachers Retirement System of The State of KentuckyBought 1,072 shares on 8/21/2023Ownership: 0.055%View All Insider TransactionsView All Institutional Transactions BKH Stock - Frequently Asked Questions Should I buy or sell Black Hills stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Black Hills in the last year. There are currently 2 sell ratings and 4 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" BKH shares. View BKH analyst ratings or view top-rated stocks. What is Black Hills' stock price forecast for 2023? 6 Wall Street analysts have issued 12-month price targets for Black Hills' stock. Their BKH share price forecasts range from $53.00 to $67.00. On average, they anticipate the company's stock price to reach $61.67 in the next twelve months. This suggests a possible upside of 16.6% 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 2023? Black Hills' stock was trading at $70.34 at the beginning of 2023. Since then, BKH shares have decreased by 24.8% and is now trading at $52.89. View the best growth stocks for 2023 here. Are investors shorting Black Hills? Black Hills saw a increase in short interest in August. As of August 31st, there was short interest totaling 1,710,000 shares, an increase of 18.8% from the August 15th total of 1,440,000 shares. Based on an average daily trading volume, of 590,700 shares, the days-to-cover ratio is presently 2.9 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, November 1st 2023. View our BKH earnings forecast. How were Black Hills' earnings last quarter? Black Hills Co. (NYSE:BKH) announced its earnings results on Wednesday, August, 2nd. The utilities provider reported $0.35 earnings per share for the quarter, missing analysts' consensus estimates of $0.38 by $0.03. The utilities provider earned $411.30 million during the quarter, compared to the consensus estimate of $552.13 million. Black Hills had a trailing twelve-month return on equity of 7.85% and a net margin of 9.46%. The business's revenue was down 12.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.52 EPS. How often does Black Hills pay dividends? What is the dividend yield for Black Hills? Black Hills announced a quarterly dividend on Monday, July 24th. Shareholders of record on Friday, August 18th will be given a dividend of $0.625 per share on Friday, September 1st. This represents a $2.50 annualized dividend and a dividend yield of 4.73%. The ex-dividend date is Thursday, August 17th. Read our dividend analysis for BKH. What ETFs hold Black Hills' stock? ETFs with the largest weight of Black Hills (NYSE:BKH) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), Nuveen Small Cap Select ETF (NSCS), KFA Value Line Dynamic Core Equity Index ETF (KVLE), Trajan Wealth Income Opportunities ETF (TWIO), Invesco High Yield Equity Dividend Achievers ETF (PEY), Vanguard Russell 2000 Value ETF (VTWV) and Vanguard Utilities ETF (VPU). Is Black Hills a good dividend stock? Black Hills (NYSE:BKH) pays an annual dividend of $2.50 per share and currently has a dividend yield of 4.66%. BKH has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 52 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 67.02%. 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 FY23 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share (EPS) guidance of $3.65-$3.85 for the period, compared to the consensus estimate of $3.76. 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). What is Black Hills' stock symbol? Black Hills trades on the New York Stock Exchange (NYSE) under the ticker symbol "BKH." Who are Black Hills' major shareholders? Black Hills' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (14.65%), State Street Corp (11.87%), Capital Research Global Investors (3.04%), Geode Capital Management LLC (2.10%), Nuveen Asset Management LLC (1.62%) and Nuveen Asset Management LLC (1.62%). Insiders that own company stock include Kathleen S Mcallister, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Black Hills' stock price today? One share of BKH stock can currently be purchased for approximately $52.89. How much money does Black Hills make? Black Hills (NYSE:BKH) has a market capitalization of $3.55 billion and generates $2.55 billion in revenue each year. The utilities provider earns $258.39 million in net income (profit) each year or $3.73 on an earnings per share basis. How many employees does Black Hills have? The company employs 2,982 workers across the globe. How can I contact Black Hills? Black Hills' mailing address is 7001 MOUNT RUSHMORE ROAD, RAPID CITY SD, 57702. The official website for the company is www.blackhillscorp.com. The utilities provider can be reached via phone at (605) 721-1700, via email at investorrelations@blackhillscorp.com, or via fax at 605-348-4748. This page (NYSE:BKH) was last updated on 9/26/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Black Hills Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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