Black Hills Stock Price, News & Analysis (NYSE:BKH) $51.61 +0.37 (+0.72%) (As of 11/30/2023 ET) Add Compare Share Share Today's Range$50.79▼$51.7250-Day Range$47.92▼$53.7852-Week Range$46.43▼$73.98Volume664,020 shsAverage Volume518,492 shsMarket Capitalization$3.51 billionP/E Ratio13.37Dividend Yield4.84%Price Target$59.83 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Black Hills MarketRank™ Stock AnalysisAnalyst RatingReduce1.83 Rating ScoreUpside/Downside15.9% Upside$59.83 Price TargetShort InterestBearish3.32% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-6.64Upright™ Environmental ScoreNews Sentiment-0.12Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth1.30%From $3.85 to $3.90 Per ShareSee 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 Sector57th out of 84 stocksElectric Services Industry29th out of 39 stocks 1.9 Analyst's Opinion Consensus RatingBlack Hills has received a consensus rating of Reduce. The company's average rating score is 1.83, and is based on no buy ratings, 5 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $59.83, Black Hills has a forecasted upside of 15.9% from its current price of $51.61.Amount of Analyst CoverageBlack Hills has only been the subject of 3 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.32% 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 4.2.Change versus previous monthShort interest in Black Hills has recently increased by 15.90%, indicating that investor sentiment is decreasing significantly. Previous Next 5.0 Dividend Strength Dividend LeadershipBlack Hills is a leading dividend payer. It pays a dividend yield of 4.85%, 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 64.77%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Black Hills will have a dividend payout ratio of 64.10% next year. This indicates that Black Hills will be able to sustain or increase its dividend. Previous Next 0.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBlack Hills has received a -53.16% net impact score from Upright. The largest negative impact of Black Hills in category "GHG emissions" seems to be driven mostly by its "Retail for natural gas", "Electricity retailing", and "Natural gas distribution services" products. See details.Environmental SustainabilityThe Environmental Impact score for Black Hills is -6.64. Previous Next 2.2 News and Social Media Coverage News SentimentBlack Hills has a news sentiment score of -0.12. 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 is a lower news sentiment than the 0.45 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Black Hills this week, compared to 3 articles on an average week.Search Interest12 people have searched for BKH on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.MarketBeat Follows7 people have added Black Hills to their MarketBeat watchlist in the last 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 1.9 Earnings and Valuation Earnings GrowthEarnings for Black Hills are expected to grow by 1.30% in the coming year, from $3.85 to $3.90 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Black Hills is 13.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.45.Price to Earnings Ratio vs. SectorThe P/E ratio of Black Hills is 13.37, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 94.29.Price to Earnings Growth RatioBlack Hills has a PEG Ratio of 6.09. 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 1.08. 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 Stock (NYSE:BKH)Black 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 Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BKH Stock News HeadlinesNovember 25, 2023 | finance.yahoo.comWith 86% institutional ownership, Black Hills Corporation (NYSE:BKH) is a favorite amongst the big gunsNovember 23, 2023 | americanbankingnews.comMizuho Upgrades Black Hills (NYSE:BKH) to NeutralDecember 1, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 22, 2023 | msn.comMizuho Upgrades Black Hills (BKH)November 22, 2023 | americanbankingnews.comBlack Hills (NYSE:BKH) PT Lowered to $49.00November 21, 2023 | markets.businessinsider.comAnalyst Ratings for Black HillsNovember 20, 2023 | insidermonkey.com5 Best Stocks to Buy and Hold for a LifetimeNovember 14, 2023 | finance.yahoo.comLooking for Safe Income? This Stock Raised Its Dividend in the Last 6 RecessionsDecember 1, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.November 11, 2023 | finance.yahoo.comBlack Hills Corporation (NYSE:BKH) Goes Ex-Dividend SoonNovember 10, 2023 | finance.yahoo.comBlack Hills' (NYSE:BKH) Dividend Will Be $0.625November 8, 2023 | seekingalpha.comBlack Hills Corporation Still In The BlackNovember 3, 2023 | finance.yahoo.comBlack Hills Corporation (NYSE:BKH) Q3 2023 Earnings Call TranscriptNovember 3, 2023 | finance.yahoo.comQ3 2023 Black Hills Corp Earnings CallNovember 2, 2023 | seekingalpha.comBlack Hills Corporation 2023 Q3 - Results - Earnings Call PresentationNovember 1, 2023 | finance.yahoo.comBlack Hills Corp (BKH) Reports Q3 2023 Earnings, Reaffirms 2023 GuidanceNovember 1, 2023 | markets.businessinsider.comBlack Hills Corp Profit Advances In Q3, Beats estimatesNovember 1, 2023 | finance.yahoo.comBlack Hills Corp. Reports 2023 Third-Quarter Results and Reaffirms 2023 Earnings GuidanceOctober 31, 2023 | benzinga.comBlack Hills's Earnings: A PreviewOctober 27, 2023 | finance.yahoo.comBlack Hills (NYSE:BKH) Is Paying Out A Dividend Of $0.625October 24, 2023 | finance.yahoo.comBlack Hills Corp. Natural Gas Utility Requests Approval of Settlement Agreement for Rate Review in WyomingOctober 8, 2023 | finance.yahoo.comInvestors one-year losses continue as Black Hills (NYSE:BKH) dips a further 4.4% this week, earnings continue to declineOctober 3, 2023 | finance.yahoo.comBlack Hills Corp. Schedules 2023 Third Quarter Earnings Release and Conference CallOctober 1, 2023 | seekingalpha.comBlack Hills: Dividend King At 52-Week Low, A Gift For Income InvestorsSeptember 28, 2023 | finance.yahoo.com8 Dividend Kings Down 11% or More You’ll Regret Not Buying on the DipSeptember 23, 2023 | finance.yahoo.comWhy Southern Company's Dividend Is Even More Impressive Than You ThinkSeptember 22, 2023 | markets.businessinsider.comExpert Ratings for Black HillsSee 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 Company Calendar Ex-Dividend for 9/1 Dividend8/17/2023Dividend Payable9/01/2023Last Earnings11/01/2023Ex-Dividend for 12/1 Dividend11/16/2023Today11/30/2023Dividend Payable12/01/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/06/2024Get 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 Target$59.83 High Stock Price Target$67.00 Low Stock Price Target$49.00 Potential Upside/Downside+16.0%Consensus RatingReduce Rating Score (0-4)1.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$3.86 Trailing P/E Ratio13.37 Forward P/E Ratio13.40 P/E Growth6.09Net Income$258.39 million Net Margins10.08% Pretax Margin11.61% Return on Equity8.01% Return on Assets2.66% Debt Debt-to-Equity Ratio1.17 Current Ratio0.77 Quick Ratio0.67 Sales & Book Value Annual Sales$2.55 billion Price / Sales1.37 Cash Flow$7.99 per share Price / Cash Flow6.46 Book Value$47.94 per share Price / Book1.08Miscellaneous Outstanding Shares67,990,000Free Float67,577,000Market Cap$3.51 billion OptionableOptionable Beta0.64 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Linden R. Evans (Age 60)President, CEO & Director Comp: $2.09MMr. Erik D. Keller (Age 59)Senior VP & Chief Information Officer Comp: $587.11kMr. Brian G. Iverson (Age 60)Senior VP, General Counsel & Chief Compliance Officer Comp: $754.79kMs. Kimberly F. NooneySenior VP & CFOMr. Jerome E. NicholsDirector of Investor RelationsMs. Todd JacobsSenior Vice President Growth and StrategyMs. Marne M. Jones (Age 50)Senior Vice President of Utilities Ms. Amy K. Koenig (Age 49)VP of Governance, Corporate Secretary & Deputy General Counsel Mr. Courtney HebertVP, Corporate Controller & Chief Risk OfficerMr. Tom StevensVP & TreasurerMore ExecutivesKey CompetitorsNorthWestern Energy GroupNYSE:NWECompanhia Paranaense de Energia - COPELNYSE:ELPPNM ResourcesNYSE:PNMONE GasNYSE:OGSSpireNYSE:SRView All CompetitorsInsiders & InstitutionsAmerican Century Companies Inc.Bought 6,574 shares on 11/30/2023Ownership: 0.010%Deutsche Bank AGBought 2,892 shares on 11/24/2023Ownership: 0.042%Graham Capital Management L.P.Bought 13,746 shares on 11/22/2023Ownership: 0.026%Comerica BankSold 141,424 shares on 11/21/2023Ownership: 0.061%Walleye Trading LLCBought 10,963 shares on 11/21/2023Ownership: 0.016%View All Insider TransactionsView All Institutional Transactions BKH Stock Analysis - Frequently Asked Questions Should I buy or sell Black Hills stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Black Hills in the last year. There are currently 1 sell rating and 5 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? 6 analysts have issued 12 month price objectives for Black Hills' stock. Their BKH share price targets range from $49.00 to $67.00. On average, they anticipate the company's share price to reach $59.83 in the next year. This suggests a possible upside of 15.9% 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 26.6% and is now trading at $51.61. View the best growth stocks for 2023 here. Are investors shorting Black Hills? Black Hills saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 2,260,000 shares, an increase of 15.9% from the October 31st total of 1,950,000 shares. Based on an average daily volume of 532,800 shares, the short-interest ratio is presently 4.2 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 Tuesday, February 6th 2024. View our BKH earnings forecast. How were Black Hills' earnings last quarter? Black Hills Co. (NYSE:BKH) issued its earnings results on Wednesday, November, 1st. The utilities provider reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.16. The utilities provider earned $407.10 million during the quarter, compared to analyst estimates of $579.85 million. Black Hills had a trailing twelve-month return on equity of 8.01% and a net margin of 10.08%. The company's quarterly revenue was down 12.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.54 EPS. How often does Black Hills pay dividends? What is the dividend yield for Black Hills? Black Hills announced a quarterly dividend on Monday, October 23rd. Investors of record on Friday, November 17th will be given a dividend of $0.625 per share on Friday, December 1st. This represents a $2.50 dividend on an annualized basis and a dividend yield of 4.84%. The ex-dividend date of this dividend is Thursday, November 16th. Read our dividend analysis for BKH. 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 4.85%. 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 64.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BKH will have a dividend payout ratio of 64.10% next year. This indicates that the company will be able to sustain or increase its dividend. 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), KraneShares Value Line Dynamic Dividend 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). What guidance has Black Hills issued on next quarter's earnings? Black Hills updated its FY23 earnings guidance on Wednesday, November, 1st. The company provided earnings per share (EPS) guidance of $3.65-3.85 for the period, compared to the consensus EPS estimate of $3.72. 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 a variety of institutional and retail investors. Top institutional investors include Fuller & Thaler Asset Management Inc. (1.98%), Northern Trust Corp (1.41%), Massachusetts Financial Services Co. MA (1.34%), Bank of New York Mellon Corp (1.32%), Invesco Ltd. (1.16%) and AQR Capital Management LLC (1.14%). 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. This page (NYSE:BKH) was last updated on 12/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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