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S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
Why Microsoft Just Placed A Huge Bet On Nuclear (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled
S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
Why Microsoft Just Placed A Huge Bet On Nuclear (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled
S&P 500   4,567.80
DOW   35,950.89
QQQ   388.83
The top-rated strong-buy stocks on Marketbeat’s radar
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
Marketbeat’s AI-powered tools for investors
Are blue chip stocks a good investment?
The Only Practical Solution to the World’s Looming Energy Crisis (Ad)
As Dollar Tree Goes, So Goes the Consumer?
Power Play: GE's game-changing technology for EVs and grids
Why Microsoft Just Placed A Huge Bet On Nuclear (Ad)
Is Beyond an overlooked e-commerce winner?
Inflation in Europe falls to 2.4% as interest rates pack a punch. But the economy has stalled

Black Hills Stock Price, News & Analysis (NYSE:BKH)

$51.61
+0.37 (+0.72%)
(As of 11/30/2023 ET)
Compare
Today's Range
$50.79
$51.72
50-Day Range
$47.92
$53.78
52-Week Range
$46.43
$73.98
Volume
664,020 shs
Average Volume
518,492 shs
Market Capitalization
$3.51 billion
P/E Ratio
13.37
Dividend Yield
4.84%
Price Target
$59.83

Black Hills MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.83 Rating Score
Upside/​Downside
15.9% Upside
$59.83 Price Target
Short Interest
Bearish
3.32% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-6.64
Upright™ Environmental Score
News Sentiment
-0.12mentions of Black Hills in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
1.30%
From $3.85 to $3.90 Per Share

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 stars

Utilities Sector

57th out of 84 stocks

Electric Services Industry

29th out of 39 stocks


BKH stock logo

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.

BKH Stock Price History

BKH Stock News Headlines

Mizuho Upgrades Black Hills (NYSE:BKH) to Neutral
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Mizuho Upgrades Black Hills (BKH)
Black Hills (NYSE:BKH) PT Lowered to $49.00
Analyst Ratings for Black Hills
5 Best Stocks to Buy and Hold for a Lifetime
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Black Hills Corporation (NYSE:BKH) Goes Ex-Dividend Soon
Black Hills' (NYSE:BKH) Dividend Will Be $0.625
Black Hills Corporation Still In The Black
Q3 2023 Black Hills Corp Earnings Call
Black Hills Corp Profit Advances In Q3, Beats estimates
Black Hills's Earnings: A Preview
Black Hills (NYSE:BKH) Is Paying Out A Dividend Of $0.625
Expert Ratings for Black Hills
See More Headlines
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Company Calendar

Ex-Dividend for 9/1 Dividend
8/17/2023
Dividend Payable
9/01/2023
Last Earnings
11/01/2023
Ex-Dividend for 12/1 Dividend
11/16/2023
Today
11/30/2023
Dividend Payable
12/01/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/06/2024

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
Multi-Utilities
Sector
Utilities
CUSIP
09211310
Employees
2,982
Year Founded
N/A

Price 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 Rating
Reduce
Rating Score (0-4)
1.83
Research Coverage
6 Analysts

Profitability

Net Income
$258.39 million
Pretax Margin
11.61%

Debt

Sales & Book Value

Annual Sales
$2.55 billion
Cash Flow
$7.99 per share
Book Value
$47.94 per share

Miscellaneous

Free Float
67,577,000
Market Cap
$3.51 billion
Optionable
Optionable
Beta
0.64
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Key Executives

  • Mr. Linden R. EvansMr. Linden R. Evans (Age 60)
    President, CEO & Director
    Comp: $2.09M
  • Mr. Erik D. Keller (Age 59)
    Senior VP & Chief Information Officer
    Comp: $587.11k
  • Mr. Brian G. Iverson (Age 60)
    Senior VP, General Counsel & Chief Compliance Officer
    Comp: $754.79k
  • Ms. Kimberly F. Nooney
    Senior VP & CFO
  • Mr. Jerome E. Nichols
    Director of Investor Relations
  • Ms. Todd Jacobs
    Senior Vice President Growth and Strategy
  • Ms. 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 Hebert
    VP, Corporate Controller & Chief Risk Officer
  • Mr. Tom Stevens
    VP & Treasurer














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 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

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