NYSE:BKH - Black Hills Stock Price, News, & Analysis

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$63.38 -0.09 (-0.14 %)
(As of 11/16/2018 04:00 PM ET)
Previous Close$63.47
Today's Range$63.04 - $63.76
52-Week Range$50.49 - $64.14
Volume478,170 shs
Average Volume553,974 shs
Market Capitalization$3.80 billion
P/E Ratio18.86
Dividend Yield3.01%
Beta0.29
Black Hills Corporation, through its subsidiaries, operates as a vertically-integrated utility company in the United States. The company's Electric Utilities segment generates, transmits, and distributes electricity to approximately 210,000 electric customers in South Dakota, Wyoming, Colorado, and Montana. This segment owns 941 megawatts of generation capacity and 8,839 miles of electric transmission and distribution lines. Its Gas Utilities segment distributes natural gas to approximately 1,042,000 natural gas utility customers in Arkansas, Colorado, Iowa, Nebraska, Kansas, and Wyoming. This segment owns 4,656 miles of intrastate gas transmission pipelines and 40,455 miles of gas distribution mains and service lines; 7 natural gas storage sites; and approximately 45,000 horsepower of compression and 600 miles of gathering lines. The company's Power Generation segment produces electric power and sells the electric capacity and energy primarily to its utilities under long-term contracts. Its Mining segment produces coal at its coal mine located near Gillette, Wyoming and sells the coal to electric generation facilities. The company also provides appliance repair services to approximately 63,000 residential customers; and constructs and maintains gas infrastructure facilities and electrical systems for gas transportation and electric utilities customers. Black Hills Corporation was founded in 1941 and is headquartered in Rapid City, South Dakota.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Electric services
Sub-IndustryMulti-Utilities
SectorUtilities
Current SymbolNYSE:BKH
Previous Symbol
CUSIP09211310
Phone605-721-1700

Debt

Debt-to-Equity Ratio1.54
Current Ratio0.53
Quick Ratio0.36

Price-To-Earnings

Trailing P/E Ratio18.86
Forward P/E Ratio18.59
P/E Growth4.14

Sales & Book Value

Annual Sales$1.68 billion
Price / Sales2.26
Cash Flow$7.1454 per share
Price / Cash8.87
Book Value$32.03 per share
Price / Book1.98

Profitability

EPS (Most Recent Fiscal Year)$3.36
Net Income$177.03 million
Net Margins13.44%
Return on Equity9.98%
Return on Assets2.86%

Miscellaneous

Employees2,744
Outstanding Shares59,970,000
Market Cap$3.80 billion
OptionableOptionable

Black Hills (NYSE:BKH) Frequently Asked Questions

What is Black Hills' stock symbol?

Black Hills trades on the New York Stock Exchange (NYSE) under the ticker symbol "BKH."

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

Black Hills declared a quarterly dividend on Wednesday, October 31st. Shareholders of record on Monday, November 19th will be given a dividend of $0.505 per share on Saturday, December 1st. This represents a $2.02 annualized dividend and a dividend yield of 3.19%. The ex-dividend date of this dividend is Friday, November 16th. This is an increase from Black Hills's previous quarterly dividend of $0.48. View Black Hills' Dividend History.

How were Black Hills' earnings last quarter?

Black Hills Corp (NYSE:BKH) posted its earnings results on Monday, November, 5th. The utilities provider reported $0.42 EPS for the quarter, missing analysts' consensus estimates of $0.50 by $0.08. The utilities provider earned $322 million during the quarter, compared to the consensus estimate of $357.72 million. Black Hills had a return on equity of 9.98% and a net margin of 13.44%. The company's revenue was down 4.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.50 EPS. View Black Hills' Earnings History.

When is Black Hills' next earnings date?

Black Hills is scheduled to release their next quarterly earnings announcement on Thursday, February 7th 2019. View Earnings Estimates for Black Hills.

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

Black Hills updated its FY19 earnings guidance on Monday, November, 5th. The company provided earnings per share guidance of $3.35-3.55 for the period, compared to the Thomson Reuters consensus estimate of $3.42.

What price target have analysts set for BKH?

6 analysts have issued 12 month price objectives for Black Hills' shares. Their forecasts range from $53.00 to $65.00. On average, they anticipate Black Hills' share price to reach $60.3333 in the next year. This suggests that the stock has a possible downside of 4.8%. View Analyst Price Targets for Black Hills.

What is the consensus analysts' recommendation for Black Hills?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Black Hills in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Black Hills.

Has Black Hills been receiving favorable news coverage?

News coverage about BKH stock has trended somewhat positive on Saturday, InfoTrie reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Black Hills earned a coverage optimism score of 0.6 on InfoTrie's scale. They also gave news headlines about the utilities provider a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the near future.

Who are some of Black Hills' key competitors?

Who are Black Hills' key executives?

Black Hills' management team includes the folowing people:
  • Mr. David R. Emery, Chairman & CEO (Age 55)
  • Mr. Linden R. Evans, Pres & COO (Age 55)
  • Mr. Richard W. Kinzley, Sr. VP & CFO (Age 52)
  • Mr. Scott A. Buchholz, Sr. VP & Chief Information Officer (Age 56)
  • Mr. Brian G. Iverson, Chief Compliance Officer, Sr. VP & Gen. Counsel (Age 55)

Who are Black Hills' major shareholders?

Black Hills' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.94%), Franklin Resources Inc. (2.90%), Alliancebernstein L.P. (2.52%), Victory Capital Management Inc. (2.47%), Macquarie Group Ltd. (1.77%) and Bank of New York Mellon Corp (1.91%). Company insiders that own Black Hills stock include Jennifer C Landis and Thomas J Zeller. View Institutional Ownership Trends for Black Hills.

Which major investors are selling Black Hills stock?

BKH stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Allianz Asset Management GmbH, The Manufacturers Life Insurance Company , River Road Asset Management LLC, Victory Capital Management Inc., Strs Ohio, Prudential Financial Inc. and Gabelli Funds LLC. View Insider Buying and Selling for Black Hills.

Which major investors are buying Black Hills stock?

BKH stock was bought by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Renaissance Technologies LLC, Massachusetts Financial Services Co. MA, Man Group plc, Bank of New York Mellon Corp, First Trust Advisors LP, Congress Asset Management Co. MA and Franklin Resources Inc.. View Insider Buying and Selling for Black Hills.

How do I buy shares of Black Hills?

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

What is Black Hills' stock price today?

One share of BKH stock can currently be purchased for approximately $63.38.

How big of a company is Black Hills?

Black Hills has a market capitalization of $3.80 billion and generates $1.68 billion in revenue each year. The utilities provider earns $177.03 million in net income (profit) each year or $3.36 on an earnings per share basis. Black Hills employs 2,744 workers across the globe.

What is Black Hills' official website?

The official website for Black Hills is http://www.blackhillscorp.com.

How can I contact Black Hills?

Black Hills' mailing address is 7001 MOUNT RUSHMORE ROAD, RAPID CITY SD, 57702. The utilities provider can be reached via phone at 605-721-1700 or via email at [email protected]


MarketBeat Community Rating for Black Hills (NYSE BKH)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  268 (Vote Outperform)
Underperform Votes:  295 (Vote Underperform)
Total Votes:  563
MarketBeat's community ratings are surveys of what our community members think about Black Hills and other stocks. Vote "Outperform" if you believe BKH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BKH will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/17/2018 by MarketBeat.com Staff

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