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

Sign in or create an account to add this stock to your watchlist.
$76.42 +0.21 (+0.28 %)
(As of 05/21/2019 04:00 PM ET)
Previous Close$76.21
Today's Range$75.8050 - $76.8450
52-Week Range$55.07 - $76.85
Volume163,513 shs
Average Volume372,875 shs
Market Capitalization$4.61 billion
P/E Ratio21.59
Dividend Yield2.65%
Beta0.44
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.

Receive BKH News and Ratings via Email

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

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$6.7035 per share
Book Value$39.49 per share

Profitability

Net Income$258.44 million

Miscellaneous

Employees2,863
Market Cap$4.61 billion
Next Earnings Date8/5/2019 (Estimated)
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 Tuesday, April 30th. Investors of record on Friday, May 17th will be given a dividend of $0.505 per share on Saturday, June 1st. This represents a $2.02 annualized dividend and a dividend yield of 2.64%. The ex-dividend date of this dividend is Thursday, May 16th. View Black Hills' Dividend History.

How were Black Hills' earnings last quarter?

Black Hills Corp (NYSE:BKH) issued its quarterly earnings results on Thursday, May, 2nd. The utilities provider reported $1.73 EPS for the quarter, beating the Zacks' consensus estimate of $1.58 by $0.15. The utilities provider earned $597.80 million during the quarter, compared to analysts' expectations of $581.85 million. Black Hills had a net margin of 12.91% and a return on equity of 9.97%. The firm's revenue was up 3.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.63 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 Monday, August 5th 2019. View Earnings Estimates for Black Hills.

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

Black Hills updated its FY20 earnings guidance on Thursday, May, 2nd. The company provided earnings per share guidance of $3.50-3.80 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.66. Black Hills also updated its FY19 guidance to $3.40-3.60 EPS.

What price target have analysts set for BKH?

6 brokerages have issued 12-month price objectives for Black Hills' stock. Their forecasts range from $58.00 to $72.00. On average, they anticipate Black Hills' share price to reach $66.1667 in the next twelve months. This suggests that the stock has a possible downside of 13.4%. 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 6 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?

News articles about BKH stock have been trending somewhat negative on Tuesday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Black Hills earned a news impact score of -1.2 on InfoTrie's scale. They also assigned press coverage about the utilities provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near future.

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), Altria Group (MO), Duke Energy (DUK), Verizon Communications (VZ), Ventas (VTR), Exxon Mobil (XOM), Cisco Systems (CSCO), Fortinet (FTNT), Intel (INTC) and Netflix (NFLX).

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 many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.46%), Wellington Management Group LLP (4.99%), Northern Trust Corp (1.98%), Macquarie Group Ltd. (1.80%), Dimensional Fund Advisors LP (1.66%) and Janus Henderson Group PLC (1.63%). 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 Goldman Sachs Group Inc., BlackRock Inc., Victory Capital Management Inc., Raymond James & Associates, Morgan Stanley, Gabelli Funds LLC, Moody Aldrich Partners LLC and Janus Henderson Group PLC. 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, JPMorgan Chase & Co., Renaissance Technologies LLC, Wedge Capital Management L L P NC, William Blair Investment Management LLC, Wellington Management Group LLP, First Trust Advisors LP and Acadian Asset Management LLC. 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 $76.42.

How big of a company is Black Hills?

Black Hills has a market capitalization of $4.61 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:  292 (Vote Outperform)
Underperform Votes:  327 (Vote Underperform)
Total Votes:  619
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 5/21/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel