NYSE:BKH

Black Hills Stock Forecast, Price & News

$67.59
-2.34 (-3.35 %)
(As of 06/18/2021 12:00 AM ET)
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Today's Range
$67.57
$69.56
50-Day Range
$65.25
$71.09
52-Week Range
$51.97
$71.34
Volume1.08 million shs
Average Volume374,319 shs
Market Capitalization$4.25 billion
P/E Ratio18.37
Dividend Yield3.34%
Beta0.36
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About Black Hills

Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. It operates through four segments: Electric Utilities, Gas Utilities, Power Generation, and Mining. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 216,000 electric customers in Colorado, South Dakota, and Wyoming, as well as provides electrical system construction services to large industrial customers. This segment owns 992 megawatts of generation capacity and 8,892 miles of electric transmission and distribution lines. The Gas Utilities segment distributes natural gas to approximately 1,083,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming. It also provides appliance repair services to residential customers; and constructs and maintains gas infrastructure facilities for gas transportation customers. This segment owns and operates approximately 4,774 miles of intrastate gas transmission pipelines; 41,838 miles of gas distribution mains and service lines; seven natural gas storage sites; and approximately 49,000 horsepower of compression and 560 miles of gathering lines. The Power Generation segment produces electric power through wind, natural gas, and coal-fired generating plants; and sells the electric capacity and energy primarily to utilities under long-term contracts. The Mining segment produces coal at its coal mine located near Gillette, Wyoming; and sells the coal to electric generation facilities. Black Hills Corporation was incorporated in 1941 and is headquartered in Rapid City, South Dakota.

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Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

1.95 out of 5 stars

Utilities Sector

47th out of 280 stocks

Electric Services Industry

22nd out of 79 stocks

Analyst Opinion: 1.3Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Black Hills (NYSE:BKH) Frequently Asked Questions

Is Black Hills a buy right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Black Hills in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Black Hills stock.
View analyst ratings for Black Hills
or view top-rated stocks.

What stocks does MarketBeat like better than Black Hills?

Wall Street analysts have given Black Hills a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Black Hills wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Black Hills' next earnings date?

Black Hills is scheduled to release its next quarterly earnings announcement on Monday, August 2nd 2021.
View our earnings forecast for Black Hills
.

How were Black Hills' earnings last quarter?

Black Hills Co. (NYSE:BKH) released its quarterly earnings data on Monday, May, 3rd. The utilities provider reported $1.54 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $1.66 by $0.12. The utilities provider earned $633.40 million during the quarter, compared to the consensus estimate of $610.87 million. Black Hills had a trailing twelve-month return on equity of 8.69% and a net margin of 12.87%. The business's quarterly revenue was up 17.9% on a year-over-year basis. During the same quarter last year, the business posted $1.59 EPS.
View Black Hills' earnings history
.

How has Black Hills' stock been impacted by Coronavirus?

Black Hills' stock was trading at $70.28 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, BKH shares have decreased by 3.8% and is now trading at $67.59.
View which stocks have been most impacted by COVID-19
.

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

Black Hills declared a quarterly dividend on Monday, April 26th. Stockholders of record on Tuesday, May 18th will be paid a dividend of $0.565 per share on Tuesday, June 1st. This represents a $2.26 dividend on an annualized basis and a yield of 3.34%. The ex-dividend date of this dividend is Monday, May 17th.
View Black Hills' dividend history
.

Is Black Hills a good dividend stock?

Black Hills pays an annual dividend of $2.26 per share and currently has a dividend yield of 3.34%. Black Hills has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Black Hills is 60.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Black Hills will have a dividend payout ratio of 55.53% next year. This indicates that Black Hills will be able to sustain or increase its dividend.
View Black Hills' dividend history.

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

Black Hills updated its FY 2022 earnings guidance on Tuesday, May, 25th. The company provided earnings per share guidance of 3.950-4.150 for the period, compared to the Thomson Reuters consensus estimate of $4.070. The company issued revenue guidance of -.

What price target have analysts set for BKH?

5 analysts have issued 1 year price targets for Black Hills' shares. Their forecasts range from $60.00 to $78.00. On average, they anticipate Black Hills' share price to reach $71.60 in the next year. This suggests a possible upside of 5.9% from the stock's current price.
View analysts' price targets for Black Hills
or view top-rated stocks among Wall Street analysts.

Who are Black Hills' key executives?

Black Hills' management team includes the following people:
  • Mr. Linden R. Evans, Pres, CEO & Director (Age 58, Pay $2.32M)
  • Mr. Richard W. Kinzley, Sr. VP & CFO (Age 55, Pay $1.06M)
  • Mr. Brian G. Iverson, Sr. VP, Gen. Counsel & Chief Compliance Officer (Age 58, Pay $816.99k)
  • Mr. Stuart A. Wevik, Sr. VP of Utility Operations (Age 59, Pay $854.1k)
  • Mr. Erik D. Keller, Sr. VP & Chief Information Officer
  • Mr. Jerome E. Nichols, Director of Investor Relations
  • Ms. Jennifer C. Landis, Sr. VP & Chief HR Officer (Age 46)
  • Mr. Garner M. Anderson, Chief Risk Officer & VP (Age 59)
  • Ms. Esther J. Newbrough, VP & Corp. Controller
  • Ms. Kimberly F. Nooney, VP & Treasurer

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

9 employees have rated Black Hills CEO Linn Evans on Glassdoor.com. Linn Evans has an approval rating of 85% among Black Hills' employees.

Who are some of Black Hills' key competitors?

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), The Coca-Cola (KO), The 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 shareholders include BlackRock Inc. (14.38%), Franklin Resources Inc. (3.16%), Janus Henderson Group PLC (1.93%), Northern Trust Corp (1.66%), Geode Capital Management LLC (1.63%) and Massachusetts Financial Services Co. MA (1.57%). Company insiders that own Black Hills stock include David R Emery, Kathleen S Mcallister, Linden R Evans, Richard Kinzley, Shonn D Stahlecker and Tony A Jensen.
View institutional ownership trends for Black Hills
.

Which institutional investors are selling Black Hills stock?

BKH stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Renaissance Technologies LLC, Franklin Resources Inc., D. E. Shaw & Co. Inc., Northern Trust Corp, Cramer Rosenthal Mcglynn LLC, Allianz Asset Management GmbH, and William Blair Investment Management LLC.
View insider buying and selling activity for Black Hills
or view top insider-selling stocks.

Which institutional investors are buying Black Hills stock?

BKH stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Royce & Associates LP, NFJ Investment Group LLC, Clearbridge Investments LLC, Coann Capital LLC, Geode Capital Management LLC, Nuveen Asset Management LLC, and John G Ullman & Associates Inc.. Company insiders that have bought Black Hills stock in the last two years include Kathleen S Mcallister, Linden R Evans, and Tony A Jensen.
View insider buying and selling activity for Black Hills
or or view top insider-buying stocks.

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 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 $67.59.

How much money does Black Hills make?

Black Hills has a market capitalization of $4.25 billion and generates $1.70 billion in revenue each year. The utilities provider earns $227.61 million in net income (profit) each year or $3.73 on an earnings per share basis.

How many employees does Black Hills have?

Black Hills employs 3,011 workers across the globe.

What is Black Hills' official website?

The official website for Black Hills is www.blackhillscorp.com.

Where are Black Hills' headquarters?

Black Hills is headquartered at 7001 MOUNT RUSHMORE ROAD, RAPID CITY SD, 57702.

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]


This page was last updated on 6/21/2021 by MarketBeat.com Staff
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