Happy Thanksgiving! Save 50% on Your MarketBeat All Access Subscription.
  •  days
  •  Hours
  •  Minutes
  •  Seconds
×
S&P 500   3,966.48 (-1.48%)
DOW   33,897.54 (-1.31%)
QQQ   283.07 (-1.34%)
AAPL   143.75 (-2.94%)
MSFT   241.25 (-2.52%)
META   109.03 (-2.14%)
GOOGL   95.73 (-1.78%)
AMZN   93.78 (+0.40%)
TSLA   183.11 (+0.14%)
NVDA   159.24 (-2.13%)
NIO   10.22 (+0.49%)
BABA   75.80 (+0.40%)
AMD   73.05 (-2.78%)
T   18.83 (-1.52%)
MU   55.93 (-4.25%)
CGC   3.41 (-6.83%)
F   13.71 (-2.63%)
GE   85.84 (-2.61%)
DIS   95.84 (-3.06%)
AMC   7.13 (-5.06%)
PYPL   80.24 (+0.20%)
PFE   49.41 (+0.41%)
NFLX   281.71 (-1.34%)
S&P 500   3,966.48 (-1.48%)
DOW   33,897.54 (-1.31%)
QQQ   283.07 (-1.34%)
AAPL   143.75 (-2.94%)
MSFT   241.25 (-2.52%)
META   109.03 (-2.14%)
GOOGL   95.73 (-1.78%)
AMZN   93.78 (+0.40%)
TSLA   183.11 (+0.14%)
NVDA   159.24 (-2.13%)
NIO   10.22 (+0.49%)
BABA   75.80 (+0.40%)
AMD   73.05 (-2.78%)
T   18.83 (-1.52%)
MU   55.93 (-4.25%)
CGC   3.41 (-6.83%)
F   13.71 (-2.63%)
GE   85.84 (-2.61%)
DIS   95.84 (-3.06%)
AMC   7.13 (-5.06%)
PYPL   80.24 (+0.20%)
PFE   49.41 (+0.41%)
NFLX   281.71 (-1.34%)
S&P 500   3,966.48 (-1.48%)
DOW   33,897.54 (-1.31%)
QQQ   283.07 (-1.34%)
AAPL   143.75 (-2.94%)
MSFT   241.25 (-2.52%)
META   109.03 (-2.14%)
GOOGL   95.73 (-1.78%)
AMZN   93.78 (+0.40%)
TSLA   183.11 (+0.14%)
NVDA   159.24 (-2.13%)
NIO   10.22 (+0.49%)
BABA   75.80 (+0.40%)
AMD   73.05 (-2.78%)
T   18.83 (-1.52%)
MU   55.93 (-4.25%)
CGC   3.41 (-6.83%)
F   13.71 (-2.63%)
GE   85.84 (-2.61%)
DIS   95.84 (-3.06%)
AMC   7.13 (-5.06%)
PYPL   80.24 (+0.20%)
PFE   49.41 (+0.41%)
NFLX   281.71 (-1.34%)
S&P 500   3,966.48 (-1.48%)
DOW   33,897.54 (-1.31%)
QQQ   283.07 (-1.34%)
AAPL   143.75 (-2.94%)
MSFT   241.25 (-2.52%)
META   109.03 (-2.14%)
GOOGL   95.73 (-1.78%)
AMZN   93.78 (+0.40%)
TSLA   183.11 (+0.14%)
NVDA   159.24 (-2.13%)
NIO   10.22 (+0.49%)
BABA   75.80 (+0.40%)
AMD   73.05 (-2.78%)
T   18.83 (-1.52%)
MU   55.93 (-4.25%)
CGC   3.41 (-6.83%)
F   13.71 (-2.63%)
GE   85.84 (-2.61%)
DIS   95.84 (-3.06%)
AMC   7.13 (-5.06%)
PYPL   80.24 (+0.20%)
PFE   49.41 (+0.41%)
NFLX   281.71 (-1.34%)
NYSE:BKH

Black Hills - BKH Stock Forecast, Price & News

$70.27
-0.46 (-0.65%)
(As of 11/28/2022 02:09 PM ET)
Add
Compare
Today's Range
$70.00
$70.86
50-Day Range
$61.08
$77.38
52-Week Range
$59.08
$80.95
Volume
4,843 shs
Average Volume
388,685 shs
Market Capitalization
$4.57 billion
P/E Ratio
17.61
Dividend Yield
3.53%
Price Target
$72.75

Black Hills MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
3.5% Upside
$72.75 Price Target
Short Interest
Healthy
3.64% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-6.27
Upright™ Environmental Score
News Sentiment
0.63mentions of Black Hills in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
1.72%
From $4.08 to $4.15 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.15 out of 5 stars

Utilities Sector

54th out of 85 stocks

Electric Services Industry

27th out of 41 stocks

BKH stock logo

About Black Hills (NYSE:BKH) Stock

Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. It operates in two segments, Electric Utilities and Gas Utilities. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 218,000 electric utility customers in Colorado, Montana, South Dakota, and Wyoming; and owns and operates 1,481.5 megawatts of generation capacity and 8,892 miles of electric transmission and distribution lines. The Gas Utilities segment distributes natural gas to approximately 1,094,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming; owns and operates 4,732 miles of intrastate gas transmission pipelines; 41,644 miles of gas distribution mains and service lines; six natural gas storage sites; and approximately 50,000 horsepower of compression and 515 miles of gathering lines. The company also constructs and maintains gas infrastructure facilities for gas transportation customers; and provides appliance repair services to residential utility customers, as well as electrical system construction services to large industrial customers. In addition, it produces electric power through wind, natural gas, and coal-fired generating plants; and coal at its coal mine located near Gillette, Wyoming. The company was incorporated in 1941 and is headquartered in Rapid City, South Dakota.

Receive BKH Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Black Hills and its competitors with MarketBeat's FREE daily newsletter.

BKH Stock News Headlines

BKH Black Hills Corporation
Black Hills Corp. Publishes Annual Sustainability Report
10 Best High-Yield Dividend Stocks for Retirees in 2022
This is Why Black Hills (BKH) is a Great Dividend Stock
See More Headlines
Receive BKH Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Black Hills and its competitors with MarketBeat's FREE daily newsletter.

BKH Company Calendar

Last Earnings
11/02/2021
Ex-Dividend for 9/1 Dividend
8/17/2022
Dividend Payable
9/01/2022
Ex-Dividend for 12/1 Dividend
11/16/2022
Today
11/28/2022
Dividend Payable
12/01/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/08/2023

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
Multi-Utilities
Sector
Utilities
CUSIP
09211310
Employees
2,884
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$72.75
High Stock Price Forecast
$84.00
Low Stock Price Forecast
$65.00
Forecasted Upside/Downside
+3.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$236.74 million
Pretax Margin
12.30%

Debt

Sales & Book Value

Annual Sales
$1.95 billion
Cash Flow
$7.51 per share
Book Value
$45.48 per share

Miscellaneous

Free Float
64,616,000
Market Cap
$4.57 billion
Optionable
Optionable
Beta
0.50

Key Executives

  • Mr. Linden R. EvansMr. Linden R. Evans (Age 59)
    Pres, CEO & Director
    Comp: $2.2M
  • Mr. Richard W. Kinzley (Age 56)
    Sr. VP & CFO
    Comp: $1.01M
  • Mr. Erik D. Keller (Age 58)
    Sr. VP & Chief Information Officer
    Comp: $631.26k
  • Mr. Brian G. Iverson (Age 59)
    Sr. VP, Gen. Counsel & Chief Compliance Officer
    Comp: $774.89k
  • Mr. Jerome E. Nichols
    Director of Investor Relations
  • Ms. Jennifer C. Landis (Age 47)
    Sr. VP & Chief HR Officer
  • Ms. Kimberly F. Nooney
    VP & Treasurer
  • Ms. Amy K. Koenig (Age 48)
    VP of Governance, Corp. Sec. & Deputy Gen. Counsel
  • Mr. Courtney Hebert
    VP, Corp. Controller & Chief Risk Officer













BKH Stock - Frequently Asked Questions

Should I buy or sell Black Hills stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Black Hills in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" BKH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BKH, but not buy additional shares or sell existing shares.
View BKH analyst ratings
or view top-rated stocks.

What is Black Hills' stock price forecast for 2023?

3 Wall Street research analysts have issued 1-year target prices for Black Hills' shares. Their BKH share price forecasts range from $65.00 to $84.00. On average, they anticipate the company's stock price to reach $72.75 in the next twelve months. This suggests a possible upside of 2.9% from the stock's current price.
View analysts price targets for BKH
or view top-rated stocks among Wall Street analysts.

How have BKH shares performed in 2022?

Black Hills' stock was trading at $70.57 at the start of the year. Since then, BKH shares have increased by 0.2% and is now trading at $70.73.
View the best growth stocks for 2022 here
.

Are investors shorting Black Hills?

Black Hills saw a increase in short interest in the month of October. As of October 15th, there was short interest totaling 3,110,000 shares, an increase of 16.9% from the September 30th total of 2,660,000 shares. Based on an average trading volume of 384,300 shares, the short-interest ratio is presently 8.1 days.
View Black Hills' Short Interest
.

When is Black Hills' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 8th 2023.
View our BKH earnings forecast
.

How were Black Hills' earnings last quarter?

Black Hills Co. (NYSE:BKH) released its earnings results on Tuesday, November, 2nd. The utilities provider reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.06. The utilities provider earned $380.60 million during the quarter. Black Hills had a net margin of 11.07% and a trailing twelve-month return on equity of 8.70%. During the same quarter in the previous year, the firm earned $0.58 earnings per share.

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

Black Hills declared a quarterly dividend on Tuesday, October 25th. Stockholders of record on Thursday, November 17th will be given a dividend of $0.625 per share on Thursday, December 1st. This represents a $2.50 annualized dividend and a yield of 3.53%. The ex-dividend date of this dividend is Wednesday, November 16th. This is a boost from the stock's previous quarterly dividend of $0.60.
Read our dividend analysis for BKH
.

Is Black Hills a good dividend stock?

Black Hills (NYSE:BKH) pays an annual dividend of $2.50 per share and currently has a dividend yield of 3.53%. The company has been increasing its dividend for 51 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 62.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BKH will have a dividend payout ratio of 60.24% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BKH.

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

Black Hills updated its FY 2022 earnings guidance on Wednesday, November, 9th. The company provided earnings per share (EPS) guidance of $3.95-$4.15 for the period, compared to the consensus EPS estimate of $4.10. The company issued revenue guidance of -.

What is Linn Evans' approval rating as Black Hills' CEO?

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.

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 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).

What is Black Hills' stock symbol?

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

Who are Black Hills' major shareholders?

Black Hills' stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (16.25%), Vanguard Group Inc. (10.71%), State Street Corp (10.26%), Macquarie Group Ltd. (4.00%), Massachusetts Financial Services Co. MA (1.56%) and Bank of New York Mellon Corp (1.41%). Insiders that own company stock include David R Emery, Kathleen S Mcallister, Linden R Evans, Rebecca B Roberts, Stuart A Wevik, Stuart A Wevik and Tony A Jensen.
View institutional ownership trends
.

How do I buy shares of Black Hills?

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.
Compare Top Brokerages Here.

What is Black Hills' stock price today?

One share of BKH stock can currently be purchased for approximately $70.73.

How much money does Black Hills make?

Black Hills (NYSE:BKH) has a market capitalization of $4.60 billion and generates $1.95 billion in revenue each year. The utilities provider earns $236.74 million in net income (profit) each year or $3.99 on an earnings per share basis.

How many employees does Black Hills have?

The company employs 2,884 workers across the globe.

How can I contact Black Hills?

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.

This page (NYSE:BKH) was last updated on 11/28/2022 by MarketBeat.com Staff