About Black Hills Corporation
Black Hills Corporation is a holding company. The Company is an integrated energy company, which operates in the United States with two business groups: Utilities and Non-regulated Energy. Its Utilities Group consists of regulated Electric Utilities and regulated Gas Utilities segments, and the Company's Non-regulated Energy Group consists of Power Generation, Coal Mining, and Oil and Gas segments. Its Electric Utilities generate, transmit and distribute electricity to approximately 207,200 customers, and also distribute natural gas to over 44,200 natural gas utility customers of Cheyenne Light in and around Cheyenne, Wyoming. The Company's Non-regulated Energy Group produces and sells electric capacity and energy through a portfolio of generating plants, and produces and sells coal from its mine located in the Powder River Basin in Wyoming. It also acquires, explores for, develops and produces natural gas and crude oil in the Rocky Mountain region.
Industry, Sector and Symbol:
- Sector: Utilities
- Industry: Electric Utilities
- Sub-Industry: Multi-Utilities
- Exchange: NYSE
- Symbol: BKH
- CUSIP: 09211310
- Previous Close: $63.24
- 50 Day Moving Average: $61.55
- 200 Day Moving Average: $60.18
- 52-Week Range: $54.76 - $64.58
- Trailing P/E Ratio: 46.06
- Foreward P/E Ratio: 16.64
- P/E Growth: 1.68
- Market Cap: $3.35B
- Outstanding Shares: 53,147,000
- Beta: 0.71
- Net Margins: 4.65%
- Return on Equity: 10.39%
- Return on Assets: 2.65%
Companies Related to Black Hills Corporation:
- Debt-to-Equity Ratio: 1.87%
- Current Ratio: 0.87%
- Quick Ratio: 0.63%
What is Black Hills Corporation's stock symbol?
Black Hills Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "BKH."
How often does Black Hills Corporation pay dividends? What is the dividend yield for Black Hills Corporation?
Black Hills Corporation declared a quarterly dividend on Thursday, January 26th. Shareholders of record on Wednesday, February 15th will be paid a dividend of $0.445 per share on Wednesday, March 1st. This represents a $1.78 annualized dividend and a yield of 2.81%. The ex-dividend date of this dividend is Monday, February 13th. This is an increase from Black Hills Corporation's previous quarterly dividend of $0.42.
Where is Black Hills Corporation's stock going? Where will Black Hills Corporation's stock price be in 2017?
6 analysts have issued 1 year target prices for Black Hills Corporation's stock. Their predictions range from $67.00 to $69.00. On average, they expect Black Hills Corporation's stock price to reach $68.00 in the next year.
When will Black Hills Corporation announce their earnings?
Black Hills Corporation is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.
What are analysts saying about Black Hills Corporation stock?
Here are some recent quotes from research analysts about Black Hills Corporation stock:
According to Zacks Investment Research, "Black Hills Corporation is an energy company that generates wholesale electricity and produces natural gas, crude oil and coal. They serve natural gas and electric utility customers in Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming. " (2/7/2017)
BMO Capital Markets analysts commented, "We maintain our Market Perform rating. ONEOK has proactively taken numerous steps to weather the commodity price downturn and should benefit from an improvement in ethane fundamentals (beginning in 2018 based on our estimates). However, we believe the current valuation is already largely discounting these positive developments. OKE trades at a yield of 6.4% (versus a median of 9.3% for GP C-Corps with over 4.5x consolidated leverage) and a 2017E consolidated EV/EBITDA multiple of 12.5x (versus a median of 11.3x for the aforementioned peer group). Q1 Results In-Line. OKE reported Q1 DCF per share of $0.80, in line with our estimate of $0.81. The company maintained its quarterly dividend of $0.615 per share in Q1’16, which was in-line with our forecast. OKE generated a coverage ratio of approximately 1.3x in Q1’16." (5/5/2016)
Who owns Black Hills Corporation stock?
Black Hills Corporation's stock is owned by many different of institutional and retail investors. Top institutional shareholders include State Street Corp (9.29%), Dimensional Fund Advisors LP (1.82%), FMR LLC (1.81%), Gabelli Funds LLC (1.65%), Franklin Resources Inc. (0.94%) and Systematic Financial Management LP (0.82%). Company insiders that own Black Hills Corporation stock include Gary L Pechota, Jennifer C Landis, Richard Kinzley and Steven Richard Mills.
Who sold Black Hills Corporation stock? Who is selling Black Hills Corporation stock?
Black Hills Corporation's stock was sold by a variety of institutional investors in the last quarter, including Systematic Financial Management LP, FMR LLC, Allianz Asset Management AG, Guggenheim Capital LLC, AQR Capital Management LLC, Gabelli Funds LLC, State Board of Administration of Florida Retirement System and Gamco Investors INC. ET AL.
Who bought Black Hills Corporation stock? Who is buying Black Hills Corporation stock?
Black Hills Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Blackstart Capital LP, State Street Corp, Renaissance Technologies LLC, Russell Investments Group Ltd., Teachers Retirement System of The State of Kentucky, Paradigm Asset Management Co. LLC, Luminus Management LLC and Silvercrest Asset Management Group LLC. Company insiders that have bought Black Hills Corporation stock in the last two years include Gary L Pechota, Jennifer C Landis, Richard Kinzley and Steven Richard Mills.
How do I buy Black Hills Corporation stock?
Shares of Black Hills Corporation 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 Corporation stock cost?
One share of Black Hills Corporation stock can currently be purchased for approximately $63.24.