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

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

Black Hills announced a quarterly dividend on Thursday, January 30th. Investors of record on Friday, February 14th will be paid a dividend of $0.535 per share on Sunday, March 1st. This represents a $2.14 annualized dividend and a yield of 2.51%. The ex-dividend date is Thursday, February 13th. View Black Hills' Dividend History.

Black Hills Corp (NYSE:BKH) issued its quarterly earnings results on Thursday, February, 6th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $0.04. The utilities provider earned $477.70 million during the quarter, compared to analysts' expectations of $555.29 million. Black Hills had a net margin of 11.49% and a return on equity of 8.89%. The firm's revenue was down 4.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.05 earnings per share. View Black Hills' Earnings History.

Black Hills is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for Black Hills.

Black Hills issued an update on its FY20 earnings guidance on Thursday, February, 6th. The company provided earnings per share (EPS) guidance of $3.55-3.75 for the period, compared to the Thomson Reuters consensus estimate of $3.69.

5 equities research analysts have issued 1 year price objectives for Black Hills' stock. Their forecasts range from $70.00 to $80.00. On average, they expect Black Hills' stock price to reach $76.00 in the next twelve months. This suggests that the stock has a possible downside of 11.0%. View Analyst Price Targets for Black Hills.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Black Hills in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Black Hills.

Press coverage about BKH stock has trended somewhat positive recently, InfoTrie reports. The research group rates the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Black Hills earned a media sentiment score of 1.6 on InfoTrie's scale. They also gave media coverage about the utilities provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Black Hills.

Some companies that are related to Black Hills include Dominion Energy (D), Sempra Energy (SRE), WEC Energy Group (WEC), Consolidated Edison (ED), Public Service Enterprise Group (PEG), DTE Energy (DTE), Ameren (AEE), CMS Energy (CMS), Alliant Energy (LNT), CenterPoint Energy (CNP), NiSource (NI), PG&E (PCG), Mdu Resources Group (MDU), NorthWestern (NWE) and Avista (AVA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Black Hills investors own include Verizon Communications (VZ), InterDigital Wireless (IDCC), Bank of Hawaii (BOH), United Technologies (UTX), Altria Group (MO), Duke Energy (DUK), Exxon Mobil (XOM), PepsiCo (PEP), Stag Industrial (STAG) and Intel (INTC).

Black Hills' stock is owned by many different of retail and institutional investors. Top institutional shareholders include State Street Corp (8.13%), Renaissance Technologies LLC (2.30%), Bank of New York Mellon Corp (1.45%), Cramer Rosenthal Mcglynn LLC (1.39%), Franklin Resources Inc. (1.36%) and Massachusetts Financial Services Co. MA (1.28%). Company insiders that own Black Hills stock include Brian Iverson, David R Emery, Richard Kinzley and Shonn D Stahlecker. View Institutional Ownership Trends for Black Hills.

BKH stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Massachusetts Financial Services Co. MA, MERIAN GLOBAL INVESTORS UK Ltd, Goldman Sachs Group Inc., William Blair Investment Management LLC, AQR Capital Management LLC, Victory Capital Management Inc. and Prudential Financial Inc.. Company insiders that have sold Black Hills company stock in the last year include Brian Iverson, David R Emery, Richard Kinzley and Shonn D Stahlecker. View Insider Buying and Selling for Black Hills.

BKH stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Rothschild & Co. Asset Management US Inc., First Trust Advisors LP, FMR LLC, UBS Group AG, Point72 Asset Management L.P., Public Sector Pension Investment Board and Bank of Montreal Can. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of BKH stock can currently be purchased for approximately $85.35.

Black Hills has a market capitalization of $5.24 billion and generates $1.73 billion in revenue each year. The utilities provider earns $199.30 million in net income (profit) each year or $3.53 on an earnings per share basis. Black Hills employs 2,863 workers across the globe.View Additional Information About Black Hills.

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

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]