NYSE:BKH - Black Hills Stock Price, News, & Analysis

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$70.81 -0.51 (-0.72 %)
(As of 04/22/2019 04:00 PM ET)
Previous Close$71.32
Today's Range$70.45 - $71.39
52-Week Range$54.02 - $74.77
Volume8,622 shs
Average Volume303,152 shs
Market Capitalization$4.26 billion
P/E Ratio20.00
Dividend Yield2.83%
Beta0.46
Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. It operates through Electric Utilities, Gas Utilities, Power Generation, and Mining segments. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 212,000 electric customers in Colorado, Montana, South Dakota, and Wyoming, as well as provides electrical system construction services to large industrial customers. This segment owns 939 megawatts of generation capacity and 8,858 miles of electric transmission and distribution lines. The Gas Utilities segment distributes natural gas to approximately 1,054,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming. It also provides appliance repair services to residential customers through company technicians and third-party service providers; and constructs and maintains gas infrastructure facilities for gas transportation customers. This segment owns and operates approximately 4,700 miles of intrastate gas transmission pipelines; 41,158 miles of gas distribution mains and service lines; 7 natural gas storage sites; and approximately 45,000 horsepower of compression and 600 miles of gathering lines. The Power Generation segment produces electric power through wind, natural gas, and coal 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 founded in 1941 and is headquartered in Rapid City, South Dakota.

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Industry, Sector and Symbol

Industry Electric services
Sub-IndustryMulti-Utilities
SectorUtilities
CUSIP09211310
Phone605-721-1700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.75 billion
Cash Flow$6.6301 per share
Book Value$38.14 per share

Profitability

Net Income$258.44 million

Miscellaneous

Employees2,863
Market Cap$4.26 billion
Next Earnings Date5/2/2019 (Confirmed)
OptionableOptionable

Black Hills (NYSE:BKH) Frequently Asked Questions

What is Black Hills' stock symbol?

Black Hills trades on the New York Stock Exchange (NYSE) under the ticker symbol "BKH."

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

Black Hills declared a quarterly dividend on Thursday, January 31st. Shareholders of record on Friday, February 15th will be given a dividend of $0.505 per share on Friday, March 1st. This represents a $2.02 dividend on an annualized basis and a yield of 2.85%. The ex-dividend date is Thursday, February 14th. View Black Hills' Dividend History.

How were Black Hills' earnings last quarter?

Black Hills Corp (NYSE:BKH) issued its earnings results on Thursday, February, 7th. The utilities provider reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.13. The utilities provider had revenue of $501.20 million for the quarter, compared to the consensus estimate of $466.97 million. Black Hills had a return on equity of 9.75% and a net margin of 14.73%. The firm's revenue for the quarter was up 10.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.98 earnings per share. View Black Hills' Earnings History.

When is Black Hills' next earnings date?

Black Hills is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for Black Hills.

How can I listen to Black Hills' earnings call?

Black Hills will be holding an earnings conference call on Friday, May 3rd at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

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

Black Hills updated its FY19 earnings guidance on Thursday, February, 7th. The company provided EPS guidance of $3.35 to $3.55 for the period, compared to the Thomson Reuters consensus estimate of $3.44. Black Hills also updated its FY 2019 guidance to $3.35-3.55 EPS.

What price target have analysts set for BKH?

6 brokerages have issued 1-year price objectives for Black Hills' stock. Their predictions range from $58.00 to $72.00. On average, they anticipate Black Hills' stock price to reach $65.40 in the next twelve months. This suggests that the stock has a possible downside of 7.6%. View Analyst Price Targets for Black Hills.

What is the consensus analysts' recommendation for Black Hills?

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, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Black Hills.

Has Black Hills been receiving favorable news coverage?

Press coverage about BKH stock has trended somewhat positive this week, InfoTrie Sentiment reports. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Black Hills earned a coverage optimism score of 1.7 on InfoTrie's scale. They also assigned news articles about the utilities provider a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an impact on the stock's share price in the near term.

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 United Technologies (UTX), Duke Energy (DUK), Altria Group (MO), Verizon Communications (VZ), Micron Technology (MU), Netflix (NFLX), NVIDIA (NVDA), QUALCOMM (QCOM), Archer Daniels Midland (ADM) and Johnson & Johnson (JNJ).

Who are Black Hills' key executives?

Black Hills' management team includes the folowing people:
  • Mr. David R. Emery, Exec. Chairman (Age 56)
  • Mr. Linden R. Evans, Pres, CEO & Director (Age 56)
  • Mr. Richard W. Kinzley, Sr. VP & CFO (Age 53)
  • Mr. Scott A. Buchholz, Sr. VP & Chief Information Officer (Age 57)
  • Mr. Brian G. Iverson, Sr. VP, Chief Compliance Officer, Gen. Counsel & Corp. Sec. (Age 56)

Who are Black Hills' major shareholders?

Black Hills' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Ronna Sue Cohen (0.67%), Chartwell Investment Partners LLC (0.26%), Peregrine Capital Management LLC (0.18%), First Manhattan Co. (0.16%), Retirement Systems of Alabama (0.12%) and Meeder Asset Management Inc. (0.03%). View Institutional Ownership Trends for Black Hills.

Which major investors are selling Black Hills stock?

BKH stock was sold by a variety of institutional investors in the last quarter, including Chartwell Investment Partners LLC, Eqis Capital Management Inc., 6 Meridian, First Manhattan Co., Peregrine Capital Management LLC and Murphy Capital Management Inc.. View Insider Buying and Selling for Black Hills.

Which major investors are buying Black Hills stock?

BKH stock was bought by a variety of institutional investors in the last quarter, including Ronna Sue Cohen, Meeder Asset Management Inc., Northstar Investment Advisors LLC, State of Alaska Department of Revenue, Fruth Investment Management, Retirement Systems of Alabama and Louisiana State Employees Retirement System. View Insider Buying and Selling for Black Hills.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Black Hills' stock price today?

One share of BKH stock can currently be purchased for approximately $70.81.

How big of a company is Black Hills?

Black Hills has a market capitalization of $4.26 billion and generates $1.75 billion in revenue each year. The utilities provider earns $258.44 million in net income (profit) each year or $3.54 on an earnings per share basis. Black Hills employs 2,863 workers across the globe.

What is Black Hills' official website?

The official website for Black Hills is http://www.blackhillscorp.com.

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]


MarketBeat Community Rating for Black Hills (NYSE BKH)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  286 (Vote Outperform)
Underperform Votes:  319 (Vote Underperform)
Total Votes:  605
MarketBeat's community ratings are surveys of what our community members think about Black Hills and other stocks. Vote "Outperform" if you believe BKH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BKH will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/22/2019 by MarketBeat.com Staff

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