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

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$69.93 +0.13 (+0.19 %)
(As of 02/20/2019 12:39 PM ET)
Previous Close$69.80
Today's Range$69.4650 - $69.98
52-Week Range$50.49 - $70.70
Volume193,768 shs
Average Volume389,742 shs
Market Capitalization$4.19 billion
P/E Ratio19.75
Dividend Yield2.90%
Beta0.45
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$1.75 billion
Cash Flow$6.5786 per share
Book Value$34.03 per share

Profitability

Net Income$258.50 million

Miscellaneous

Employees2,744
Market Cap$4.19 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 Thursday, January 31st. Stockholders of record on Friday, February 15th will be paid a dividend of $0.505 per share on Friday, March 1st. This represents a $2.02 dividend on an annualized basis and a dividend yield of 2.89%. The ex-dividend date is Thursday, February 14th. View Black Hills' Dividend History.

How were Black Hills' earnings last quarter?

Black Hills Corp (NYSE:BKH) issued its quarterly earnings data on Thursday, February, 7th. The utilities provider reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.13. The utilities provider had revenue of $501.20 million for the quarter, compared to analyst estimates of $466.97 million. Black Hills had a net margin of 14.73% and a return on equity of 10.21%. Black Hills's revenue for the quarter was up 10.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.98 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, May 2nd 2019. View Earnings Estimates for Black Hills.

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

Black Hills issued an update on its FY19 earnings guidance on Thursday, February, 7th. The company provided earnings per share guidance of $3.35 to $3.55 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.44. Black Hills also updated its FY 2019 guidance to $3.35-3.55 EPS.

What price target have analysts set for BKH?

7 analysts have issued 1-year price objectives for Black Hills' stock. Their predictions range from $53.00 to $69.00. On average, they anticipate Black Hills' stock price to reach $62.6667 in the next twelve months. This suggests that the stock has a possible downside of 10.4%. View Analyst Price Targets for Black Hills.

What is the consensus analysts' recommendation for Black Hills?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Black Hills in the last year. There are currently 1 sell rating and 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 coverage about BKH stock has been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Black Hills earned a coverage optimism score of -1.1 on InfoTrie's scale. They also gave media coverage about the utilities provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the next few days.

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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.12%), Victory Capital Management Inc. (2.06%), Northern Trust Corp (1.95%), Macquarie Group Ltd. (1.80%), Dimensional Fund Advisors LP (1.71%) and Bank of New York Mellon Corp (1.45%). Company insiders that own Black Hills stock include David R Emery 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 Strs Ohio, River Road Asset Management LLC, Segall Bryant & Hamill LLC, Bank of America Corp DE, Bank of New York Mellon Corp, Nuveen Asset Management LLC, Raymond James & Associates and Massachusetts Financial Services Co. MA. View Insider Buying and Selling for Black Hills.

Which major investors are buying Black Hills stock?

BKH stock was acquired by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, BlackRock Inc., Northern Trust Corp, Great West Life Assurance Co. Can, Martingale Asset Management L P, Rothschild & Co. Asset Management US Inc., Rhumbline Advisers and D. E. Shaw & Co. 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 $69.93.

How big of a company is Black Hills?

Black Hills has a market capitalization of $4.19 billion and generates $1.75 billion in revenue each year. The utilities provider earns $258.50 million in net income (profit) each year or $3.54 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:  280 (Vote Outperform)
Underperform Votes:  310 (Vote Underperform)
Total Votes:  590
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 2/20/2019 by MarketBeat.com Staff

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