Black Hills Corporation is a holding company. The Company is an integrated energy company, which is focused primarily on regulated utilities. The Company operates through segments, including Electric Utilities, Gas Utilities, Power Generation, Mining, Oil and Gas, and Corporate. As of December 31, 2016, the Electric Utilities segment generated, transmitted and distributed electricity to approximately 208,500 customers in South Dakota, Wyoming, Colorado and Montana. The Gas Utilities Segment includes the natural gas operations of Cheyenne Light. The Power Generation segment produces electric power from its generating plants and sells the electric capacity and energy principally to its utilities under long-term contracts. The Mining segment operates through its Wyodak Resources Development Corp. (WRDC) subsidiary. The Company's Oil and Gas segment acquires, explores for, develops and produces natural gas and crude oil in the United States primarily in the Rocky Mountain region.
Industry, Sector and Symbol:
- Sector: Utilities
- Industry: Multiline Utilities
- Sub-Industry: Multi-Utilities
- Symbol: NYSE:BKH
- CUSIP: 09211310
- Web: www.blackhillscorp.com
Capitalization:- Market Cap: $3.68982 billion
- Outstanding Shares: 53,475,000
Average Prices:- 50 Day Moving Avg: $69.92
- 200 Day Moving Avg: $68.61
- 52 Week Range: $54.76 - $72.02
P/E:- Trailing P/E Ratio: 28.64
- Foreward P/E Ratio: 18.52
- P/E Growth: 2.55
Sales & Book Value:- Annual Revenue: $1.7 billion
- Price / Sales: 2.16
- Book Value: $31.35 per share
- Price / Book: 2.19
Dividend:- Annual Dividend: $1.78
- Dividend Yield: 2.6%
Profitability:- EBIDTA: $588.78 million
- Net Margins: 7.71%
- Return on Equity: 10.48%
- Return on Assets: 2.84%
Debt:- Debt-to-Equity Ratio: 1.77%
- Current Ratio: 0.82%
- Quick Ratio: 0.59%
Misc:- Average Volume: 253,517 shs.
- Beta: 0.8
- Short Ratio: 13.14
Frequently Asked Questions for Black Hills Corporation (NYSE:BKH)
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, July 27th. Shareholders of record on Friday, August 18th will be given a dividend of $0.445 per share on Friday, September 1st. This represents a $1.78 annualized dividend and a dividend yield of 2.60%. The ex-dividend date is Wednesday, August 16th. View Black Hills Corporation's Dividend History.
How were Black Hills Corporation's earnings last quarter?
Black Hills Corporation (NYSE:BKH) issued its quarterly earnings results on Thursday, August, 3rd. The company reported $0.41 EPS for the quarter, missing the Zacks' consensus estimate of $0.51 by $0.10. The firm earned $348 million during the quarter, compared to analysts' expectations of $356.85 million. Black Hills Corporation had a return on equity of 10.48% and a net margin of 7.71%. The firm's quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.39 EPS. View Black Hills Corporation's Earnings History.
When will Black Hills Corporation make its next earnings announcement?
What guidance has Black Hills Corporation issued on next quarter's earnings?
Black Hills Corporation updated its FY17 earnings guidance on Thursday, August, 3rd. The company provided EPS guidance of $3.45-3.60 for the period, compared to the Thomson Reuters consensus estimate of $3.58.
Where is Black Hills Corporation's stock going? Where will Black Hills Corporation's stock price be in 2017?
5 brokerages have issued 1 year target prices for Black Hills Corporation's shares. Their predictions range from $69.00 to $76.00. On average, they anticipate Black Hills Corporation's stock price to reach $73.40 in the next twelve months. View Analyst Ratings for Black Hills Corporation.
Who are some of Black Hills Corporation's key competitors?
Some companies that are related to Black Hills Corporation include OGE Energy Corporation (OGE), Westar Energy (WR), Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp (SBS), Empresa Nacional de Electricidad S.A. (EOCC), Pepco Holdings LLC (POM), Great Plains Energy (GXP), Telekom Austria AG (TKAGY), Aqua America (WTR), United Utilities Group PLC (UU), Telecom Argentina Stet - France Telecom S.A. (TEO), Hellenic Telecom Organization SA (HLTOY), Brookfield Renewable Partners L.P. (BEP), Vectren Corporation (VVC), Calpine Corporation (CPN), MDU Resources Group (MDU), Severn Trent Plc (SVT), Algonquin Power & Utilities Corp (AQN) and National Fuel Gas Company (NFG).
Who are Black Hills Corporation's key executives?
Black Hills Corporation's management team includes the folowing people:
- David R. Emery, Chairman of the Board, Chief Executive Officer
- Linden R. Evans, President, Chief Operating Officer
- Richard W Kinzley, Chief Financial Officer, Senior Vice President
- Jennifer C. Landis, Chief Human Resource Officer, Senior Vice President
- Scott A Buchholz, Senior Vice President, Chief Information Officer
- Brian G. Iverson, Senior Vice President, General Counsel
- John B. Vering, Lead Independent Director
- Michael H. Madison, Independent Director
- Linda K. Massman, Independent Director
- Steven R. Mills, Independent Director
Who owns Black Hills Corporation stock?
Black Hills Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.59%),
VANGUARD GROUP INC
(10.09%), Vanguard Group Inc. (9.77%), State Street Corp (8.90%), Goldman Sachs Group Inc. (4.66%) and Lord Abbett & CO. LLC (2.50%). Company insiders that own Black Hills Corporation stock include Gary L Pechota, Jennifer C Landis and Thomas J Zeller. View Institutional Ownership Trends for Black Hills Corporation.
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 Cramer Rosenthal Mcglynn LLC, State Street Corp, Victory Capital Management Inc., Miller Howard Investments Inc. NY, Strs Ohio, Lord Abbett & CO. LLC, Gamco Investors INC. ET AL and Systematic Financial Management LP. View Insider Buying and Selling for Black Hills Corporation.
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 Janus Henderson Group PLC, Renaissance Technologies LLC, Goldman Sachs Group Inc., Macquarie Group Ltd., Vanguard Group Inc., Ameriprise Financial Inc., BlackRock Inc. and Northwestern Mutual Investment Management Company LLC. Company insiders that have bought Black Hills Corporation stock in the last two years include Gary L Pechota and Jennifer C Landis. View Insider Buying and Selling for Black Hills Corporation.
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.
What is Black Hills Corporation's stock price today?
One share of Black Hills Corporation stock can currently be purchased for approximately $68.51.
MarketBeat Community Rating for Black Hills Corporation (NYSE BKH)MarketBeat's community ratings are surveys of what our community members think about Black Hills Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Earnings History for Black Hills Corporation (NYSE:BKH)Earnings History by Quarter for Black Hills Corporation (NYSE BKH)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/31/2017 | | $0.60 | | | | | N/A |  |
| 8/3/2017 | Q2 2017 | $0.51 | $0.41 | $356.85 million | $348.00 million | View | Listen | |
| 5/3/2017 | Q1 2017 | $1.40 | $1.41 | $581.00 million | $554.00 million | View | Listen | |
| 2/1/2017 | Q4 2016 | $0.99 | $1.07 | $536.20 million | $463.80 million | View | Listen | |
| 11/2/2016 | Q316 | $0.43 | $0.48 | $414.77 million | $333.80 million | View | N/A | |
| 8/3/2016 | Q2 | $0.53 | $0.39 | $468.21 million | $325.40 million | View | N/A | |
| 5/3/2016 | Q1 | $0.99 | $1.23 | $488.73 million | $450.00 million | View | N/A | |
| 2/2/2016 | Q4 | $0.67 | $0.71 | $482.49 million | $318.30 million | View | N/A | |
| 11/3/2015 | Q3 | $0.58 | $0.64 | $340.68 million | $272.10 million | View | Listen | |
| 8/4/2015 | Q2 | $0.43 | $0.56 | $289.10 million | $272.30 million | View | Listen | |
| 5/4/2015 | Q114 | $1.00 | $1.07 | $403.39 million | $442.00 million | View | N/A | |
| 2/2/2015 | Q4 | $0.77 | $0.76 | $361.30 million | $378.10 million | View | Listen | |
| 11/3/2014 | Q313 | $0.52 | $0.60 | $289.71 million | $272.10 million | View | Listen | |
| 8/5/2014 | Q2 | $0.49 | $0.44 | $332.82 million | $283.30 million | View | Listen | |
| 5/1/2014 | Q1 | $0.89 | $1.08 | $396.00 million | $460.10 million | View | Listen | |
| 2/7/2014 | Q4 | $0.62 | $0.68 | $359.70 million | $355.40 million | View | Listen | |
| 11/5/2013 | Q213 | $0.44 | $0.47 | $323.52 million | $259.90 million | View | Listen | |
| 8/6/2013 | Q2 2013 | $0.42 | $0.41 | $285.94 million | $279.80 million | View | Listen | |
| 5/2/2013 | Q1 2013 | $0.74 | $0.87 | $381.58 million | | View | Listen | |
| 1/31/2013 | Q4 2012 | $0.63 | $0.68 | $365.30 million | $356.00 million | View | Listen | |
| 11/3/2011 | | $0.36 | $0.37 | | | View | N/A | |
| 5/10/2011 | | $0.84 | $0.59 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Black Hills Corporation (NYSE:BKH)2017 EPS Consensus Estimate: $3.69
2018 EPS Consensus Estimate: $3.63
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $1.44 | $1.44 | $1.44 |
| Q2 2017 | 1 | $0.50 | $0.50 | $0.50 |
| Q3 2017 | 1 | $0.57 | $0.57 | $0.57 |
| Q4 2017 | 1 | $1.18 | $1.18 | $1.18 |
| Q1 2018 | 1 | $1.41 | $1.41 | $1.41 |
| Q2 2018 | 1 | $0.48 | $0.48 | $0.48 |
| Q3 2018 | 1 | $0.59 | $0.59 | $0.59 |
| Q4 2018 | 1 | $1.15 | $1.15 | $1.15 |
| Q1 2019 | 1 | $1.45 | $1.45 | $1.45 |
| Q2 2019 | 1 | $0.51 | $0.51 | $0.51 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Black Hills Corporation (NYSE:BKH)| Most Recent Dividend: | 9/1/2017 |
| Annual Dividend: | $1.78 |
| Dividend Yield: | 2.60% |
| Dividend Growth: | 3.40% (3 Year Average) |
| Payout Ratio: | 74.79% (Trailing 12 Months of Earnings)
50.71% (Based on This Year's Estimates)
48.11% (Based on Next Year's Estimates)
|
| Track Record: | 47 Years of Consecutive Dividend Growth |
Dividend History by Quarter for Black Hills Corporation (NYSE BKH)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 7/27/2017 | quarterly | $0.45 | 2.56% | 8/16/2017 | 8/18/2017 | 9/1/2017 |
| 4/25/2017 | quarterly | $0.45 | 2.6% | 5/16/2017 | 5/18/2017 | 6/1/2017 |
| 1/26/2017 | quarterly | $0.45 | 2.85% | 2/13/2017 | 2/15/2017 | 3/1/2017 |
| 10/25/2016 | quarterly | $0.42 | 2.78% | 11/15/2016 | 11/17/2016 | 12/1/2016 |
| 8/1/2016 | quarterly | $0.42 | 2.64% | 8/16/2016 | 8/18/2016 | 9/1/2016 |
| 4/26/2016 | quarterly | $0.42 | 2.85% | 5/16/2016 | 5/18/2016 | 6/1/2016 |
| 1/28/2016 | quarterly | $0.42 | 3.34% | 2/11/2016 | 2/16/2016 | 3/1/2016 |
| 10/27/2015 | quarterly | $0.41 | 3.54% | 11/13/2015 | 11/17/2015 | 12/1/2015 |
| 7/30/2015 | quarterly | $0.41 | 3.96% | 8/14/2015 | 8/18/2015 | 9/1/2015 |
| 4/28/2015 | quarterly | $0.41 | 3.18% | 5/14/2015 | 5/18/2015 | 6/1/2015 |
| 1/29/2015 | quarterly | $0.41 | 3.13% | 2/11/2015 | 2/13/2015 | 3/1/2015 |
| 10/28/2014 | quarterly | $0.39 | 2.93% | 11/13/2014 | 11/17/2014 | 12/1/2014 |
| 7/30/2014 | quarterly | $0.39 | 2.96% | 8/13/2014 | 8/15/2014 | 9/1/2014 |
| 4/29/2014 | quarterly | $0.39 | 2.71% | 5/14/2014 | 5/16/2014 | 6/1/2014 |
| 2/3/2014 | quarterly | $0.39 | 2.94% | 2/12/2014 | 2/14/2014 | 3/1/2014 |
| 10/29/2013 | quarterly | $0.38 | 3% | 11/13/2013 | 11/15/2013 | 12/1/2013 |
| 7/25/2013 | quarterly | $0.38 | 2.89% | 8/14/2013 | 8/16/2013 | 9/1/2013 |
| 4/23/2013 | quarterly | $0.38 | 3.27% | 5/15/2013 | 5/17/2013 | 6/1/2013 |
| 1/31/2013 | quarterly | $0.38 | 3.72% | 2/13/2013 | 2/15/2013 | 3/1/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Black Hills Corporation (NYSE:BKH)Insider Ownership Percentage: 1.10%
Institutional Ownership Percentage: 93.83%
Insider Trades by Quarter for Black Hills Corporation (NYSE:BKH)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 3/3/2017 | Thomas J Zeller | Director | Sell | 284 | $65.28 | $18,539.52 | |
| 2/8/2017 | Jennifer C Landis | SVP | Buy | 1,200 | $60.85 | $73,020.00 | |
| 11/6/2015 | Gary L Pechota | Director | Buy | 1,000 | $44.29 | $44,290.00 | |
| 8/26/2015 | Richard Kinzley | CFO | Buy | 1,087 | $38.76 | $42,132.12 | |
| 8/26/2015 | Steven Richard Mills | Director | Buy | 2,500 | $38.87 | $97,175.00 | |
| 8/12/2015 | Gary L Pechota | Director | Buy | 1,000 | $42.25 | $42,250.00 | |
| 5/14/2015 | Gary L Pechota | Director | Buy | 1,000 | $46.96 | $46,960.00 | |
| 3/6/2015 | Richard Kinzley | CFO | Buy | 1,003 | $48.81 | $48,956.43 | |
| 2/10/2014 | Robert Myers | Insider | Sell | 2,500 | $54.14 | $135,350.00 | |
| 6/5/2013 | Michael Madison | Director | Buy | 4,850 | $47.49 | $230,326.50 | |
| 8/27/2012 | Warren L Robinson | Director | Buy | 2,000 | $34.26 | $68,520.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Black Hills Corporation (NYSE:BKH)
Latest Headlines for Black Hills Corporation (NYSE:BKH)
| Source: |
|
| Date | Headline |
|---|
 | Black Hills Corp. : BKH-US: Dividend Analysis : August 18th, 2017 (record date) : By the numbers : September 18, 2017
finance.yahoo.com - September 18 at 9:58 PM |
 | Reviewing Black Hills Corporation (BKH) and Its Peers
www.americanbankingnews.com - September 17 at 8:20 AM |
| Black Hills Corporation (BKH) Expected to Announce Earnings of $0.57 Per Share
www.americanbankingnews.com - September 16 at 4:20 AM |
| Black Hills Corp. breached its 50 day moving average in a Bearish Manner : BKH-US : September 13, 2017
finance.yahoo.com - September 13 at 5:46 PM |
| Black Hills Corporation (BKH) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - September 13 at 9:34 AM |
| Black Hills Shows Rising Relative Price Performance; Still Shy Of Key Benchmark
finance.yahoo.com - September 11 at 5:16 PM |
| Black Hills Corporation (BKH) versus CenterPoint Energy (CNP) Head to Head Contrast
www.americanbankingnews.com - September 7 at 6:16 AM |
| Black Hills Corporation (BKH) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - September 6 at 7:44 PM |
| Analyzing Black Hills Corporation (BKH) and Avista Corporation (AVA)
www.americanbankingnews.com - September 3 at 10:26 PM |
| ETFs with exposure to Black Hills Corp. : August 31, 2017
finance.yahoo.com - August 31 at 9:30 PM |
| Black Hills Corp. :BKH-US: Earnings Analysis: Q2, 2017 By the Numbers : August 28, 2017
finance.yahoo.com - August 28 at 4:31 PM |
| Head to Head Review: Black Hills Corporation (BKH) vs. National Grid Transco, PLC (NGG)
www.americanbankingnews.com - August 25 at 4:10 AM |
 | Black Hills (BKH) Presents At CFA Society of Minnesota 6th Annual Intellisight Conference - Slideshow
seekingalpha.com - August 23 at 4:46 PM |
| Zacks Investment Research Lowers Black Hills Corporation (BKH) to Sell
www.americanbankingnews.com - August 22 at 7:32 PM |
| Black Hills Corporation (BKH) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - August 19 at 9:02 AM |
| Black Hills Corp. breached its 50 day moving average in a Bearish Manner : BKH-US : August 18, 2017
finance.yahoo.com - August 18 at 4:45 PM |
| Are Options Traders Betting on a Big Move in Black Hills (BKH) Stock?
finance.yahoo.com - August 17 at 5:54 PM |
| Black Hills goes ex-dividend tomorrow
seekingalpha.com - August 15 at 7:35 AM |
 | Ex-Dividend Reminder: Costco Wholesale, Black Hills and Duke Energy
www.nasdaq.com - August 14 at 4:56 PM |
| Comparing Black Hills Corporation (NYSE:BKH) and National Grid Transco, PLC (NGG)
www.americanbankingnews.com - August 12 at 2:04 PM |
| $0.57 Earnings Per Share Expected for Black Hills Corporation (NYSE:BKH) This Quarter
www.americanbankingnews.com - August 10 at 12:47 PM |
| FY2017 EPS Estimates for Black Hills Corporation Cut by Williams Capital (NYSE:BKH)
www.americanbankingnews.com - August 9 at 8:54 AM |
| Williams Capital Research Analysts Lift Earnings Estimates for Black Hills Corporation (NYSE:BKH)
www.americanbankingnews.com - August 8 at 7:04 AM |
| Black Hills (BKH) Misses on Earnings and Revenues in Q2
finance.yahoo.com - August 7 at 5:07 PM |
| Black Hills' (BKH) CEO David Emery on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 5 at 2:56 AM |
| Edited Transcript of BKH earnings conference call or presentation 4-Aug-17 3:00pm GMT
finance.yahoo.com - August 5 at 2:56 AM |
| Investor Network: Black Hills Corporation to Host Earnings Call
finance.yahoo.com - August 4 at 4:52 PM |
| Black Hills posts 2Q profit
finance.yahoo.com - August 4 at 4:52 PM |
| Black Hills Corporation (BKH) Posts Earnings Results, Misses Estimates By $0.09 EPS
www.americanbankingnews.com - August 4 at 12:50 AM |
| Black Hills Corp Reports 8% Rise In Q2 Bottom Line
www.nasdaq.com - August 3 at 11:01 PM |
 | Black Hills Corp. (BKH) Misses Q2 EPS by 9c
www.streetinsider.com - August 3 at 11:01 PM |
| Black Hills Corp. Reports Second Quarter 2017 Results
finance.yahoo.com - August 3 at 5:59 PM |
| Black Hills Corporation (NYSE:BKH) Updates FY17 Earnings Guidance
www.americanbankingnews.com - August 3 at 5:14 PM |
| Implied Volatility Surging for Black Hills Corporation (BKH) Stock Options
finance.yahoo.com - July 27 at 5:04 PM |
| Black Hills Corporation Declares Quarterly Dividend of $0.45 (BKH)
www.americanbankingnews.com - July 27 at 3:41 PM |
| Black Hills Corporation (NYSE:BKH) Set to Announce Quarterly Earnings on Thursday
www.americanbankingnews.com - July 27 at 7:30 AM |
| Black Hills Corp. Announces Quarterly Dividend
finance.yahoo.com - July 26 at 10:12 PM |
| Black Hills Corporation (BKH) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - July 25 at 9:32 AM |
| Head-To-Head Comparison: Black Hills Corporation (NYSE:BKH) & NiSource (NI)
www.americanbankingnews.com - July 25 at 8:43 AM |
| The Best Stock in South Dakota: Black Hills Corp.
finance.yahoo.com - July 21 at 6:14 PM |
| Black Hills Corp. breached its 50 day moving average in a Bullish Manner : BKH-US : July 20, 2017
finance.yahoo.com - July 20 at 6:08 PM |
| NiSource (NI) and Black Hills Corporation (NYSE:BKH) Critical Analysis
www.americanbankingnews.com - July 17 at 8:14 PM |
| ETFs with exposure to Black Hills Corp. : July 13, 2017
finance.yahoo.com - July 13 at 5:32 PM |
| ETFs with exposure to Black Hills Corp. : July 13, 2017
finance.yahoo.com - July 13 at 5:32 PM |
| Black Hills Corp. Schedules 2017 Second Quarter Earnings Release and Conference Call
finance.yahoo.com - July 6 at 5:50 PM |
| Black Hills Corp. – Value Analysis (NYSE:BKH) : July 3, 2017
finance.yahoo.com - July 3 at 4:36 PM |
| Black Hills Corporation (NYSE:BKH) Given "Buy" Rating at Royal Bank Of Canada
www.americanbankingnews.com - July 1 at 7:28 AM |
| Black Hills Corp. breached its 50 day moving average in a Bearish Manner : BKH-US : June 30, 2017
finance.yahoo.com - June 30 at 4:37 PM |
| Black Hills Corporation (BKH) Stock Rating Lowered by BidaskClub
www.americanbankingnews.com - June 29 at 9:52 PM |
| Q2 2017 Earnings Forecast for Black Hills Corporation Issued By Williams Capital (BKH)
www.americanbankingnews.com - June 20 at 7:20 AM |
Black Hills Corporation (BKH) Chart for Thursday, September, 21, 2017
