Black Hills (BKH) Stock Price, News & Analysis

Company Overview

Black Hills Corporation (NYSE:BKH) is a diversified energy company headquartered in Rapid City, South Dakota. Through its regulated utilities, the company provides electric and natural gas service to residential, commercial, industrial and institutional customers.

Black Hills’ electric operations generate, purchase, transmit and distribute electricity through a portfolio that includes coal, natural gas, wind and other energy resources. Its natural gas utilities transport and distribute natural gas, while also operating related storage and pipeline infrastructure.

The company serves communities across several Midwestern and Western states, including Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming. Black Hills traces its corporate history to the late 19th century and has operated as a publicly traded energy company since 1941. Its businesses are primarily focused on regulated utility operations and the infrastructure needed to deliver reliable energy to customers.

Key Stats

• Today's Range: $71.49 to $73.46
• 50-Day Range: $69.93 to $75.71
• 52-Week Range: $58.71 to $78.69
• Volume: 1.16 million shs
• Average Volume: 860,309 shs
• Market Capitalization: $5.47 billion
• P/E Ratio: 18.13
• Dividend Yield: 3.91%
• Price Target: $83.33
• Consensus Rating: Buy

Black Hills Stock Analysis - MarketRank™

Black Hills scored higher than 82% of companies evaluated by MarketBeat, and ranked 46th out of 96 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Buy

Consensus Rating

Black Hills has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on no strong buy ratings, 6 buy ratings, no hold ratings, and no sell ratings.

Upside Potential

Black Hills has a consensus price target of $83.33, representing about 16.1% upside from its current price of $71.80.

Amount of Analyst Coverage

Black Hills has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 5.76%

Earnings Growth

Earnings for Black Hills are expected to grow by 5.76% in the coming year, from $4.34 to $4.59 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Black Hills is 18.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.84.

Price to Earnings Ratio vs. Sector

The P/E ratio of Black Hills is 18.13, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 24.23.

Price to Earnings Growth Ratio

Black Hills has a PEG Ratio of 2.85. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Black Hills has a P/B Ratio of 1.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

13.68% of the float of Black Hills has been sold short.

Short Interest Ratio / Days to Cover

Black Hills has a short interest ratio ("days to cover") of 13.88, which indicates bearish sentiment.

Change versus previous month

Short interest in Black Hills has recently increased by 9.26%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 5.0 / 5
• Dividend Strength: Strong

Dividend Leadership

Black Hills is a leading dividend payer. It pays a dividend yield of 3.91%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Black Hills has been increasing its dividend for 55 years.

Dividend Coverage

The dividend payout ratio of Black Hills is 70.96%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Black Hills will have a dividend payout ratio of 61.22% next year. This indicates that Black Hills will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.7 / 5
• News Sentiment: 0.87

News Sentiment

Black Hills has a news sentiment score of 0.87. 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 higher news sentiment than the 0.63 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Black Hills this week, compared to 3 articles on an average week.

Search Interest

Only 13 people have searched for BKH on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

5 people have added Black Hills to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Black Hills insiders have not sold or bought any company stock.

Percentage Held by Insiders

0.56% of the stock of Black Hills is held by insiders.

Percentage Held by Institutions

86.71% of the stock of Black Hills is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 8/05/2026
• Record date for 9/1 Dividend: 8/17/2026
• Ex-Dividend for 9/1 Dividend: 8/17/2026
• Dividend Payable: 9/01/2026
• Today: 9/23/2026
• Next Earnings (Estimated): 11/04/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: Multi - Utilities
• Sub-Industry: Multi-Utilities
• Current Symbol: NYSE:BKH
• CIK: 1130464
• Web: www.blackhillscorp.com
• Phone: (605) 721-2343
• Fax: 605-348-4748
• Employees: 2,795
• Year Founded: 2000

Price Target and Rating

• Average Price Target for Black Hills: $83.33
• High Price Target: $97.00
• Low Price Target: $77.00
• Potential Upside/Downside: +16.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.96
• Trailing P/E Ratio: 18.13
• Forward P/E Ratio: 16.54
• P/E Growth: 2.85
• Net Income: $291.60 million
• Net Margins: 13.01%
• Pretax Margin: 15.31%
• Return on Equity: 7.98%
• Return on Assets: 2.93%

Debt

• Debt-to-Equity Ratio: 0.99
• Current Ratio: 0.52
• Quick Ratio: 0.41

Sales & Book Value

• Annual Sales: $2.31 billion
• Price / Sales: 2.37
• Cash Flow: $7.86 per share
• Price / Cash Flow: 9.14
• Book Value: $51.75 per share
• Price / Book: 1.39

Miscellaneous

• Outstanding Shares: 76,250,000
• Free Float: 75,826,000
• Market Cap: $5.47 billion
• Optionable: Optionable
• Beta: 0.71