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

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$65.65 +0.87 (+1.34 %)
(As of 01/21/2019 10:20 AM ET)
Previous Close$64.78
Today's Range$64.9850 - $66.01
52-Week Range$50.49 - $68.23
Volume278,458 shs
Average Volume283,130 shs
Market Capitalization$3.94 billion
P/E Ratio19.54
Dividend Yield3.08%
Beta0.36
Black Hills Corporation, through its subsidiaries, operates as a vertically-integrated utility company in the United States. The company's Electric Utilities segment generates, transmits, and distributes electricity to approximately 210,000 electric customers in South Dakota, Wyoming, Colorado, and Montana. This segment owns 941 megawatts of generation capacity and 8,839 miles of electric transmission and distribution lines. Its Gas Utilities segment distributes natural gas to approximately 1,042,000 natural gas utility customers in Arkansas, Colorado, Iowa, Nebraska, Kansas, and Wyoming. This segment owns 4,656 miles of intrastate gas transmission pipelines and 40,455 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 company's Power Generation segment produces electric power and sells the electric capacity and energy primarily to its utilities under long-term contracts. Its Mining segment produces coal at its coal mine located near Gillette, Wyoming and sells the coal to electric generation facilities. The company also provides appliance repair services to approximately 63,000 residential customers; and constructs and maintains gas infrastructure facilities and electrical systems for gas transportation and electric utilities customers. 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$1.68 billion
Cash Flow$7.1359 per share
Book Value$34.03 per share

Profitability

Net Income$177.03 million

Miscellaneous

Employees2,744
Market Cap$3.94 billion
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 announced a quarterly dividend on Wednesday, October 31st. Investors of record on Monday, November 19th will be paid a dividend of $0.505 per share on Saturday, December 1st. This represents a $2.02 dividend on an annualized basis and a yield of 3.08%. The ex-dividend date of this dividend is Friday, November 16th. This is a boost from Black Hills's previous quarterly dividend of $0.48. View Black Hills' Dividend History.

How were Black Hills' earnings last quarter?

Black Hills Corp (NYSE:BKH) announced its quarterly earnings results on Monday, November, 5th. The utilities provider reported $0.42 EPS for the quarter, missing the Zacks' consensus estimate of $0.50 by $0.08. The utilities provider earned $322 million during the quarter, compared to the consensus estimate of $357.72 million. Black Hills had a net margin of 13.44% and a return on equity of 9.98%. The business's revenue was down 4.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.50 EPS. 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, February 7th 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, February 8th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8665447741.

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

Black Hills issued an update on its FY19 earnings guidance on Monday, November, 5th. The company provided earnings per share (EPS) guidance of $3.35-3.55 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.42.

What price target have analysts set for BKH?

6 equities research analysts have issued 12 month target prices for Black Hills' shares. Their predictions range from $53.00 to $69.00. On average, they anticipate Black Hills' stock price to reach $60.80 in the next year. This suggests that the stock has a possible downside of 7.4%. 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 2 sell ratings, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Black Hills.

Has Black Hills been receiving favorable news coverage?

Headlines about BKH stock have trended positive on Monday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Black Hills earned a news sentiment score of 2.7 on InfoTrie's scale. They also gave news stories about the utilities provider a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term.

Who are some of Black Hills' key competitors?

Who are Black Hills' key executives?

Black Hills' management team includes the folowing people:
  • Mr. Linden R. Evans, Pres, CEO, COO & 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, Chief Compliance Officer, Sr. VP & Gen. Counsel (Age 56)
  • Mr. Jerome E. Nichols, Director of Investor Relations & Corp. Communications

Who are Black Hills' major shareholders?

Black Hills' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Hennessy Advisors Inc. (0.23%), Retirement Systems of Alabama (0.12%), Nisa Investment Advisors LLC (0.09%), IMA Wealth Inc. (0.05%), First PREMIER Bank (0.05%) and Bowling Portfolio Management LLC (0.03%). Company insiders that own Black Hills stock include Jennifer C Landis and Thomas J Zeller. 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 IMA Wealth Inc., Hennessy Advisors Inc., Nisa Investment Advisors LLC, First Hawaiian Bank, Trilogy Capital Inc., Louisiana State Employees Retirement System and First PREMIER Bank. View Insider Buying and Selling for Black Hills.

Which major investors are buying Black Hills stock?

BKH stock was purchased by a variety of institutional investors in the last quarter, including Bowling Portfolio Management LLC, Cerebellum GP LLC, Retirement Systems of Alabama and Meeder Asset Management Inc.. 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 $65.65.

How big of a company is Black Hills?

Black Hills has a market capitalization of $3.94 billion and generates $1.68 billion in revenue each year. The utilities provider earns $177.03 million in net income (profit) each year or $3.36 on an earnings per share basis. Black Hills employs 2,744 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:  275 (Vote Outperform)
Underperform Votes:  301 (Vote Underperform)
Total Votes:  576
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 1/21/2019 by MarketBeat.com Staff

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