Black Hills Corporation Company Profile (NYSE:BKH)

About Black Hills Corporation

Black Hills Corporation logoBlack 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
Key Metrics:
  • 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
Profitability:
  • Net Margins: 4.65%
  • Return on Equity: 10.39%
  • Return on Assets: 2.65%
Debt:
  • Debt-to-Equity Ratio: 1.87%
  • Current Ratio: 0.87%
  • Quick Ratio: 0.63%
Additional Links:
Companies Related to Black Hills Corporation:

Analyst Ratings

Consensus Ratings for Black Hills Corporation (NYSE:BKH) (?)
Ratings Breakdown: 6 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $68.00 (7.53% upside)

Analysts' Ratings History for Black Hills Corporation (NYSE:BKH)
Show:
DateFirmActionRatingPrice TargetDetails
1/25/2017Credit Suisse GroupInitiated CoverageOutperform$69.00View Rating Details
12/14/2016Singular ResearchInitiated CoverageBuy$68.00View Rating Details
8/5/2016J P Morgan Chase & CoBoost Price TargetOverweight$62.00 -> $67.00View Rating Details
5/24/2016Bank of America CorpReiterated RatingBuyView Rating Details
5/5/2016BMO Capital MarketsReiterated RatingBuyView Rating Details
5/5/2016Williams CapitalBoost Price TargetBuy$63.00 -> $68.00View Rating Details
2/16/2016Royal Bank Of CanadaBoost Price TargetOutperform$55.00 -> $59.00View Rating Details
(Data available from 2/22/2015 forward)

Earnings

Earnings History for Black Hills Corporation (NYSE:BKH)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/1/2017        
2/1/2017Q4 2016$0.99$1.07$536.20 million$463.80 millionViewListenView Earnings Details
11/2/2016Q316$0.43$0.48$414.77 million$333.80 millionViewN/AView Earnings Details
8/3/2016Q2$0.53$0.39$468.21 millionViewN/AView Earnings Details
5/3/2016Q1$0.99$1.23$488.73 million$450.00 millionViewN/AView Earnings Details
2/2/2016Q4$0.67$0.71$482.49 million$318.30 millionViewN/AView Earnings Details
11/3/2015Q3$0.58$0.64$340.68 million$272.10 millionViewListenView Earnings Details
8/4/2015Q2$0.43$0.56$311.14 millionViewListenView Earnings Details
5/4/2015Q114$1.00$1.07$403.39 million$442.00 millionViewN/AView Earnings Details
2/2/2015Q4$0.77$0.76$378.10 millionViewListenView Earnings Details
11/3/2014Q313$0.52$0.60$289.71 million$272.10 millionViewListenView Earnings Details
8/6/2014Q2$0.49$0.44$332.82 million$283.30 millionViewListenView Earnings Details
5/1/2014Q1$0.91$1.08$396.00 million$460.10 millionViewListenView Earnings Details
2/7/2014Q4$0.62$0.68$359.70 million$355.40 millionViewListenView Earnings Details
11/5/2013Q213$0.44$0.47$323.52 million$259.90 millionViewListenView Earnings Details
8/6/2013Q2 2013$0.42$0.41$285.94 million$279.80 millionViewListenView Earnings Details
5/2/2013Q1 2013$0.74$0.87$381.58 millionViewListenView Earnings Details
1/31/2013Q4 2012$0.63$0.68$365.30 million$356.00 millionViewListenView Earnings Details
11/3/2011$0.36$0.37ViewN/AView Earnings Details
5/10/2011$0.84$0.59ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Black Hills Corporation (NYSE:BKH)
Current Year EPS Consensus Estimate: $3.54 EPS
Next Year EPS Consensus Estimate: $3.80 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164$0.73$1.03$0.88
Q2 20161$0.56$0.56$0.56
Q3 20161$0.54$0.54$0.54
Q4 20161$1.06$1.06$1.06
Q1 20171$1.44$1.44$1.44
Q2 20171$0.49$0.49$0.49
Q3 20171$0.53$0.53$0.53
Q4 20171$1.14$1.14$1.14
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Black Hills Corporation (NYSE:BKH)
Annual Dividend:$1.78
Dividend Yield:2.81%
Dividend Growth:3.40% (3 Year Average)
Payout Ratio:129.93% (Based on Trailing 12 Months of Earnings)
50.28% (Based on Current Year Consensus EPS Estimate)
46.84% (Based on Next Year Consensus EPS Estimate)
Track Record:47 Years of Consecutive Dividend Growth

Dividend History for Black Hills Corporation (NYSE:BKH)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/26/2017quarterly$0.452.85%2/13/20172/15/20173/1/2017
10/25/2016quarterly$0.422.78%11/15/201611/17/201612/1/2016
8/1/2016quarterly$0.422.64%8/16/20168/18/20169/1/2016
4/26/2016quarterly$0.422.85%5/16/20165/18/20166/1/2016
1/28/2016quarterly$0.423.34%2/11/20162/16/20163/1/2016
10/27/2015quarterly$0.413.54%11/13/201511/17/201512/1/2015
7/30/2015quarterly$0.413.96%8/14/20158/18/20159/1/2015
4/28/2015quarterly$0.413.18%5/14/20155/18/20156/1/2015
1/29/2015quarterly$0.413.13%2/11/20152/13/20153/1/2015
10/28/2014quarterly$0.392.93%11/13/201411/17/201412/1/2014
7/30/2014quarterly$0.392.96%8/13/20148/15/20149/1/2014
4/29/2014quarterly$0.392.71%5/14/20145/16/20146/1/2014
2/3/2014quarterly$0.392.94%2/12/20142/14/20143/1/2014
10/29/2013quarterly$0.383%11/13/201311/15/201312/1/2013
7/25/2013quarterly$0.382.89%8/14/20138/16/20139/1/2013
4/23/2013quarterly$0.383.27%5/15/20135/17/20136/1/2013
1/31/2013quarterly$0.383.72%2/13/20132/15/20133/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Black Hills Corporation (NYSE:BKH)
Insider Ownership Percentage: 1.30%
Institutional Ownership Percentage: 89.27%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/8/2017Jennifer C LandisSVPBuy1,200$60.85$73,020.00View SEC Filing  
11/6/2015Gary L PechotaDirectorBuy1,000$44.29$44,290.00View SEC Filing  
8/26/2015Richard KinzleyCFOBuy1,087$38.76$42,132.12View SEC Filing  
8/26/2015Steven Richard MillsDirectorBuy2,500$38.87$97,175.00View SEC Filing  
8/12/2015Gary L PechotaDirectorBuy1,000$42.25$42,250.00View SEC Filing  
5/14/2015Gary L PechotaDirectorBuy1,000$46.96$46,960.00View SEC Filing  
3/6/2015Richard KinzleyCFOBuy1,003$48.81$48,956.43View SEC Filing  
2/10/2014Robert MyersInsiderSell2,500$54.14$135,350.00View SEC Filing  
6/5/2013Michael MadisonDirectorBuy4,850$47.49$230,326.50View SEC Filing  
8/27/2012Warren L RobinsonDirectorBuy2,000$34.26$68,520.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Black Hills Corporation (NYSE:BKH)
DateHeadline
News IconWhat are Research Firms Saying About Black Hills Corporation (NYSE:BKH)? - Aiken Advocate (NYSE:BKH)
aikenadvocate.com - February 21 at 9:31 AM
News IconIs The Sell-Side Predicting That Black Hills Corporation (NYSE:BKH) Will Move Higher? - Winfield Review (NYSE:BKH)
winfieldreview.com - February 17 at 10:37 AM
4-traders.com logoBLACK HILLS CORP : ex-dividend day (NYSE:BKH)
www.4-traders.com - February 12 at 8:58 PM
marketexclusive.com logoInsider Trading Activity Black Hills Corporation (NYSE:BKH) – SVP Bought 1,200 shares of Stock (NYSE:BKH)
marketexclusive.com - February 12 at 3:56 PM
bizjournals.com logoHickenlooper's picks for Colorado PUC sail through Senate confirmation (NYSE:BKH)
www.bizjournals.com - February 10 at 8:27 PM
nasdaq.com logoBlack Hills Breaks Below 200-Day Moving Average - Notable for BKH (NYSE:BKH)
www.nasdaq.com - February 9 at 9:08 PM
bizjournals.com logoHickenlooper's picks for Public Utilities Commission feel the heat at state Senate hearing (NYSE:BKH)
www.bizjournals.com - February 9 at 9:08 PM
finance.yahoo.com logoOptions Traders Expect Huge Moves in Black Hills (BKH) Stock (NYSE:BKH)
finance.yahoo.com - February 9 at 4:07 PM
capitalcube.com logoBlack Hills Corp. :BKH-US: Earnings Analysis: Q4, 2016 By the Numbers : February 6, 2017 (NYSE:BKH)
www.capitalcube.com - February 6 at 3:58 PM
capitalcube.com logoETFs with exposure to Black Hills Corp. : February 6, 2017 (NYSE:BKH)
www.capitalcube.com - February 6 at 3:58 PM
News IconBlack Hills Corp (NYSE:BKH) Shares Downgraded To A Hold Rating (NYSE:BKH)
stockmarketdaily.co - February 3 at 4:05 PM
capitalcube.com logoBlack Hills Corp. :BKH-US: Earnings Analysis: Q4, 2016 By the Numbers : February 3, 2017 (NYSE:BKH)
www.capitalcube.com - February 3 at 4:05 PM
capitalcube.com logoBlack Hills Corp. :BKH-US: Earnings Analysis: 2016 By the Numbers : February 3, 2017 (NYSE:BKH)
www.capitalcube.com - February 3 at 4:05 PM
finance.yahoo.com logoEdited Transcript of BKH earnings conference call or presentation 2-Feb-17 4:00pm GMT (NYSE:BKH)
finance.yahoo.com - February 3 at 2:05 AM
us.rd.yahoo.com logoBlack Hills Corp. Reports 2016 Fourth Quarter and Full Year Results (NYSE:BKH)
us.rd.yahoo.com - February 2 at 4:04 PM
us.rd.yahoo.com logo4:42 pm Black Hills Corp misses by $0.09, beats on revs; guides FY17 EPS in-line (NYSE:BKH)
us.rd.yahoo.com - February 2 at 4:04 PM
News IconBlack Box Corporation (NASDAQ:BBOX) price reactions to earnings announcements (NYSE:BKH)
xboxonezone.com - February 2 at 2:14 AM
News IconBlack Hills Corporation (NYSE:BKH) earnings reaction history (NYSE:BKH)
larampadinapoli.com - February 2 at 2:14 AM
4-traders.com logoBlack Hills : beats 4Q profit forecasts (NYSE:BKH)
www.4-traders.com - February 1 at 9:11 PM
nasdaq.com logoBlack Hills Corp Bottom Line Advances 74% In Q4 (NYSE:BKH)
www.nasdaq.com - February 1 at 9:11 PM
sg.finance.yahoo.com logoBlack Hills beats 4Q profit forecasts (NYSE:BKH)
sg.finance.yahoo.com - February 1 at 9:11 PM
biz.yahoo.com logoQ4 2016 Black Hills Corp Earnings Release - After Market Close (NYSE:BKH)
biz.yahoo.com - February 1 at 4:10 PM
finance.yahoo.com logoShould You Buy Black Hills (BKH) Ahead of Earnings? (NYSE:BKH)
finance.yahoo.com - January 31 at 4:14 PM
finance.yahoo.com logoBlack Hills Corp. Announces Executive Leadership Changes and Officer Appointment (NYSE:BKH)
finance.yahoo.com - January 30 at 8:49 PM
marketexclusive.com logoAnalyst Activity – Credit Suisse Group Initiates Coverage On Black Hills Corporation (NYSE:BKH) With a Outperform (NYSE:BKH)
marketexclusive.com - January 26 at 9:39 PM
us.rd.yahoo.com logoCoverage initiated on Black Hills Corp by Credit Suisse (NYSE:BKH)
us.rd.yahoo.com - January 26 at 2:42 AM
finance.yahoo.com logo4:18 pm Black Hills Corp increases quarterly dividend to $0.445/share from $0.42/share (NYSE:BKH)
finance.yahoo.com - January 25 at 9:41 PM
finance.yahoo.com logoBlack Hills Corp. Announces 47th Consecutive Annual Dividend Increase (NYSE:BKH)
finance.yahoo.com - January 25 at 4:34 PM
realistinvestor.com logoBlack Hills Corporation (NYSE:BKH) Mean Rating At $1.5 (NYSE:BKH)
www.realistinvestor.com - January 11 at 9:18 PM
marketrealist.com logoUptrend in Coal Kept Kansas City Southern’s Volumes in Green Zone (NYSE:BKH)
marketrealist.com - January 9 at 5:01 PM
publicnow.com logoBlack Hills Corp. Schedules 2016 Fourth Quarter and Full Year Earnings Release and Conference Call (NYSE:BKH)
www.publicnow.com - January 6 at 9:34 PM
bizjournals.com logoXcel, other mountain-states power providers eye cost-saving regional move (NYSE:BKH)
www.bizjournals.com - January 6 at 9:34 PM
realistinvestor.com logoResearch Analysts Set Black Hills Corporation (NYSE:BKH) Price Target at $62.4 (NYSE:BKH)
www.realistinvestor.com - January 4 at 9:28 PM
seekingalpha.com logoBlack Hills Corp.: Initiate Coverage With Buy Rating, Unique Play On Gas Deregulation With Solid Dividend Growth Ahead (NYSE:BKH)
seekingalpha.com - January 3 at 8:48 AM
us.rd.yahoo.com logoBlack Hills Corp. Mourns Passing of Board Member (NYSE:BKH)
us.rd.yahoo.com - December 21 at 3:35 PM
4-traders.com logoBlack Hills : Energy donating 141 home appliances to non-profits (NYSE:BKH)
www.4-traders.com - December 20 at 6:53 AM
publicnow.com logoBlack Hills Energy donating 141 home appliances to non-profits (NYSE:BKH)
www.publicnow.com - December 20 at 6:53 AM
biz.yahoo.com logoBLACK HILLS CORP /SD/ Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:BKH)
biz.yahoo.com - December 15 at 4:08 PM
finance.yahoo.com logoBlack Hills Corp. Names Robert P. Otto to Board of Directors (NYSE:BKH)
finance.yahoo.com - December 14 at 8:35 PM
finance.yahoo.com logoCoverage initiated on Black Hills Corp by Singular Research (NYSE:BKH)
finance.yahoo.com - December 14 at 3:26 PM
capitalcube.com logoBlack Hills Corp. – Value Analysis (NYSE:BKH) : December 12, 2016 (NYSE:BKH)
www.capitalcube.com - December 12 at 10:16 AM
capitalcube.com logoBlack Hills Corp. breached its 50 day moving average in a Bullish Manner : BKH-US : December 9, 2016 (NYSE:BKH)
www.capitalcube.com - December 9 at 4:12 PM
News IconEnergy Share of Wyoming Kicks Off For 2016-17 (NYSE:BKH)
www.kgwn.tv - December 8 at 4:04 PM
insidermonkey.com logoIs Black Hills Corp (BKH) Going to Burn Investors? (NYSE:BKH)
www.insidermonkey.com - December 8 at 4:04 PM
bizjournals.com logoChairman of Colorado Public Utilities Commission to resign (NYSE:BKH)
www.bizjournals.com - December 6 at 4:09 PM
forbes.com logoNoteworthy Thursday Option Activity: SON, BKH, SWKS (NYSE:BKH)
www.forbes.com - December 1 at 3:58 PM
capitalcube.com logoBlack Hills Corp. breached its 50 day moving average in a Bullish Manner : BKH-US : November 23, 2016 (NYSE:BKH)
www.capitalcube.com - November 23 at 12:49 PM
publicnow.com logoBlack Hills Energy Offers Tips To Help You Enjoy A Warm, Safe Winter in Wyoming (NYSE:BKH)
www.publicnow.com - November 22 at 9:31 PM
4-traders.com logoBlack Hills : Energy Wants You To Enjoy A Warm, Safe Winter in Nebraska (NYSE:BKH)
www.4-traders.com - November 18 at 9:33 PM
publicnow.com logoBlack Hills Energy Wants You To Enjoy A Warm, Safe Winter in Nebraska (NYSE:BKH)
www.publicnow.com - November 18 at 9:33 PM

Social

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.

Black Hills Corporation (NYSE:BKH) Chart for Wednesday, February, 22, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Black Hills Corporation (NYSE:BKH)

Earnings History Chart

Earnings by Quarter for Black Hills Corporation (NYSE:BKH)

Dividend History Chart

Dividend Payments by Quarter for Black Hills Corporation (NYSE:BKH)

Last Updated on 2/22/2017 by MarketBeat.com Staff