Black Hills - BKH Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Black Hills in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" BKH shares.
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2 Wall Street analysts have issued 12-month price targets for Black Hills' stock. Their BKH share price forecasts range from $76.00 to $80.00. On average, they predict the company's stock price to reach $78.00 in the next twelve months. This suggests a possible upside of 1.8% from the stock's current price.
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Black Hills' stock was trading at $70.57 on January 1st, 2022. Since then, BKH shares have increased by 8.6% and is now trading at $76.61.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our BKH earnings forecast.

Black Hills Co. (NYSE:BKH) issued its earnings results on Wednesday, August, 3rd. The utilities provider reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.10. Black Hills had a trailing twelve-month return on equity of 9.15% and a net margin of 11.88%. During the same period last year, the firm earned $0.40 EPS.

Black Hills announced a quarterly dividend on Monday, July 25th. Investors of record on Thursday, August 18th will be given a dividend of $0.595 per share on Thursday, September 1st. This represents a $2.38 dividend on an annualized basis and a dividend yield of 3.11%. The ex-dividend date of this dividend is Wednesday, August 17th.
Read our dividend analysis for BKH.

Black Hills (NYSE:BKH) pays an annual dividend of $2.38 per share and currently has a dividend yield of 3.12%. 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 57.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BKH will have a dividend payout ratio of 55.48% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BKH.

Black Hills updated its FY 2022 earnings guidance on Wednesday, August, 10th. The company provided earnings per share guidance of $3.95-$4.15 for the period, compared to the consensus EPS estimate of $4.08. The company issued revenue guidance of -.

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.

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).

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

Black Hills' stock is owned by a number of retail and institutional investors. Top institutional investors include Victory Capital Management Inc. (1.30%), ProShare Advisors LLC (0.65%), Principal Financial Group Inc. (0.39%), JPMorgan Chase & Co. (0.34%), River Road Asset Management LLC (0.33%) and Leeward Investments LLC MA (0.31%). Insiders that own company stock include David R Emery, Kathleen S Mcallister, Linden R Evans, Rebecca B Roberts, Shonn D Stahlecker, Stuart A Wevik, Stuart A Wevik and Tony A Jensen.
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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.
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One share of BKH stock can currently be purchased for approximately $76.61.

Black Hills (NYSE:BKH) has a market capitalization of $4.97 billion and generates $1.95 billion in revenue each year. The utilities provider earns $236.74 million in net income (profit) each year or $4.15 on an earnings per share basis.

The company employs 2,884 workers across the globe.

Black Hills' mailing address is 7001 MOUNT RUSHMORE ROAD, RAPID CITY SD, 57702. The official website for the company is www.blackhillscorp.com. The utilities provider can be reached via phone at (605) 721-1700, via email at investorrelations@blackhillscorp.com, or via fax at 605-348-4748.