Black Hills Corporation Company Profile (NYSE:BKH)

About Black Hills Corporation (NYSE:BKH)

Black Hills Corporation logoBlack Hills Corporation is a holding company. The Company is an integrated energy company, which is focused primarily on regulated utilities. The Company operates through segments, including Electric Utilities, Gas Utilities, Power Generation, Mining, Oil and Gas, and Corporate. As of December 31, 2016, the Electric Utilities segment generated, transmitted and distributed electricity to approximately 208,500 customers in South Dakota, Wyoming, Colorado and Montana. The Gas Utilities Segment includes the natural gas operations of Cheyenne Light. The Power Generation segment produces electric power from its generating plants and sells the electric capacity and energy principally to its utilities under long-term contracts. The Mining segment operates through its Wyodak Resources Development Corp. (WRDC) subsidiary. The Company's Oil and Gas segment acquires, explores for, develops and produces natural gas and crude oil in the United States primarily in the Rocky Mountain region.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Multiline Utilities
  • Sub-Industry: Multi-Utilities
  • Symbol: NYSE:BKH
  • CUSIP: 09211310
  • Web:
  • Market Cap: $3.61977 billion
  • Outstanding Shares: 53,475,000
Average Prices:
  • 50 Day Moving Avg: $69.24
  • 200 Day Moving Avg: $69.01
  • 52 Week Range: $54.76 - $72.02
  • Trailing P/E Ratio: 28.23
  • Foreward P/E Ratio: 18.52
  • P/E Growth: 2.56
Sales & Book Value:
  • Annual Revenue: $1.7 billion
  • Price / Sales: 2.13
  • Book Value: $31.35 per share
  • Price / Book: 2.16
  • Annual Dividend: $1.78
  • Dividend Yield: 2.6%
  • EBITDA: $588.78 million
  • Net Margins: 7.71%
  • Return on Equity: 10.48%
  • Return on Assets: 2.84%
  • Debt-to-Equity Ratio: 1.77%
  • Current Ratio: 0.82%
  • Quick Ratio: 0.59%
  • Average Volume: 264,491 shs.
  • Beta: 0.79
  • Short Ratio: 13.14

Frequently Asked Questions for Black Hills Corporation (NYSE:BKH)

What is Black Hills Corporation's stock symbol?

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

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

Black Hills Corporation announced a quarterly dividend on Thursday, July 27th. Investors of record on Friday, August 18th will be paid a dividend of $0.445 per share on Friday, September 1st. This represents a $1.78 dividend on an annualized basis and a yield of 2.63%. The ex-dividend date of this dividend is Wednesday, August 16th. View Black Hills Corporation's Dividend History.

How were Black Hills Corporation's earnings last quarter?

Black Hills Corporation (NYSE:BKH) issued its earnings results on Thursday, August, 3rd. The company reported $0.41 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.51 by $0.10. The business earned $348 million during the quarter, compared to the consensus estimate of $356.85 million. Black Hills Corporation had a return on equity of 10.48% and a net margin of 7.71%. The company's revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.39 earnings per share. View Black Hills Corporation's Earnings History.

When will Black Hills Corporation make its next earnings announcement?

Black Hills Corporation is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Black Hills Corporation.

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

Black Hills Corporation issued an update on its FY17 earnings guidance on Thursday, August, 3rd. The company provided earnings per share (EPS) guidance of $3.45-3.60 for the period, compared to the Thomson Reuters consensus estimate of $3.58.

Where is Black Hills Corporation's stock going? Where will Black Hills Corporation's stock price be in 2017?

6 analysts have issued 12-month price targets for Black Hills Corporation's shares. Their forecasts range from $70.00 to $77.00. On average, they expect Black Hills Corporation's stock price to reach $74.33 in the next year. View Analyst Ratings for Black Hills Corporation.

Who are some of Black Hills Corporation's key competitors?

Who are Black Hills Corporation's key executives?

Black Hills Corporation's management team includes the folowing people:

  • David R. Emery, Chairman of the Board, Chief Executive Officer
  • Linden R. Evans, President, Chief Operating Officer
  • Richard W Kinzley, Chief Financial Officer, Senior Vice President
  • Jennifer C. Landis, Chief Human Resource Officer, Senior Vice President
  • Scott A Buchholz, Senior Vice President, Chief Information Officer
  • Brian G. Iverson, Senior Vice President, General Counsel
  • John B. Vering, Lead Independent Director
  • Michael H. Madison, Independent Director
  • Linda K. Massman, Independent Director
  • Steven R. Mills, Independent Director

Who owns Black Hills Corporation stock?

Black Hills Corporation's stock is owned by many different of retail and institutional investors. Top institutional shareholders include VANGUARD GROUP INC (10.09%). Company insiders that own Black Hills Corporation stock include Gary L Pechota, Jennifer C Landis and Thomas J Zeller. View Institutional Ownership Trends for Black Hills Corporation.

How do I buy Black Hills Corporation stock?

Shares of Black Hills Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Black Hills Corporation's stock price today?

One share of Black Hills Corporation stock can currently be purchased for approximately $67.60.

MarketBeat Community Rating for Black Hills Corporation (NYSE BKH)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  158 (Vote Outperform)
Underperform Votes:  191 (Vote Underperform)
Total Votes:  349
MarketBeat's community ratings are surveys of what our community members think about Black Hills Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Black Hills Corporation (NYSE:BKH) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.83)
Consensus Price Target: $74.33 (9.96% upside)
Consensus Price Target History for Black Hills Corporation (NYSE:BKH)
Price Target History for Black Hills Corporation (NYSE:BKH)
Analysts' Ratings History for Black Hills Corporation (NYSE:BKH)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/12/2017J P Morgan Chase & CoBoost Price TargetOverweight$76.00 -> $77.00N/AView Rating Details
10/6/2017Williams CapitalDowngradeBuy -> Hold$75.00 -> $70.00N/AView Rating Details
10/2/2017Credit Suisse GroupBoost Price TargetOutperform$75.00 -> $77.00LowView Rating Details
8/9/2017Royal Bank Of CanadaReiterated RatingBuy$73.00LowView Rating Details
5/15/2017BMO Capital MarketsBoost Price TargetOutperform$67.00 -> $74.00N/AView Rating Details
5/10/2017Singular ResearchBoost Price TargetBuy -> Buy$68.00 -> $75.00LowView Rating Details
5/24/2016Bank of America CorporationReiterated RatingBuyN/AView Rating Details
(Data available from 10/18/2015 forward)


Earnings History for Black Hills Corporation (NYSE:BKH)
Earnings by Quarter for Black Hills Corporation (NYSE:BKH)
Earnings History by Quarter for Black Hills Corporation (NYSE BKH)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2017$0.60N/AView Earnings Details
8/3/2017Q2 2017$0.51$0.41$356.85 million$348.00 millionViewListenView Earnings Details
5/3/2017Q1 2017$1.40$1.41$581.00 million$554.00 millionViewListenView Earnings Details
2/1/2017Q4 2016$0.99$1.07$536.20 million$463.80 millionViewListenView Earnings Details
11/2/2016Q316$0.43$0.48$414.77 million$333.80 millionViewN/AView Earnings Details
8/3/2016Q2$0.53$0.39$468.21 million$325.40 millionViewN/AView Earnings Details
5/3/2016Q1$0.99$1.23$488.73 million$450.00 millionViewN/AView Earnings Details
2/2/2016Q4$0.67$0.71$482.49 million$318.30 millionViewN/AView Earnings Details
11/3/2015Q3$0.58$0.64$340.68 million$272.10 millionViewListenView Earnings Details
8/4/2015Q2$0.43$0.56$289.10 million$272.30 millionViewListenView Earnings Details
5/4/2015Q114$1.00$1.07$403.39 million$442.00 millionViewN/AView Earnings Details
2/2/2015Q4$0.77$0.76$361.30 million$378.10 millionViewListenView Earnings Details
11/3/2014Q313$0.52$0.60$289.71 million$272.10 millionViewListenView Earnings Details
8/5/2014Q2$0.49$0.44$332.82 million$283.30 millionViewListenView Earnings Details
5/1/2014Q1$0.89$1.08$396.00 million$460.10 millionViewListenView Earnings Details
2/7/2014Q4$0.62$0.68$359.70 million$355.40 millionViewListenView Earnings Details
11/5/2013Q213$0.44$0.47$323.52 million$259.90 millionViewListenView Earnings Details
8/6/2013Q2 2013$0.42$0.41$285.94 million$279.80 millionViewListenView Earnings Details
5/2/2013Q1 2013$0.74$0.87$381.58 millionViewListenView Earnings Details
1/31/2013Q4 2012$0.63$0.68$365.30 million$356.00 millionViewListenView Earnings Details
11/3/2011$0.36$0.37ViewN/AView Earnings Details
5/10/2011$0.84$0.59ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Black Hills Corporation (NYSE:BKH)
2017 EPS Consensus Estimate: $3.69
2018 EPS Consensus Estimate: $3.63
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$1.44$1.44$1.44
Q2 20171$0.50$0.50$0.50
Q3 20171$0.57$0.57$0.57
Q4 20171$1.18$1.18$1.18
Q1 20181$1.41$1.41$1.41
Q2 20181$0.48$0.48$0.48
Q3 20181$0.59$0.59$0.59
Q4 20181$1.15$1.15$1.15
Q1 20191$1.45$1.45$1.45
Q2 20191$0.51$0.51$0.51
(Data provided by Zacks Investment Research)


Current Dividend Information for Black Hills Corporation (NYSE:BKH)
Most Recent Dividend:9/1/2017
Annual Dividend:$1.78
Dividend Yield:2.63%
Dividend Growth:3.40% (3 Year Average)
Payout Ratio:74.79% (Trailing 12 Months of Earnings)
51.15% (Based on This Year's Estimates)
48.77% (Based on Next Year's Estimates)
Track Record:47 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Black Hills Corporation (NYSE:BKH)

Dividend History by Quarter for Black Hills Corporation (NYSE BKH)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Black Hills Corporation (NYSE:BKH)
Insider Ownership Percentage: 1.10%
Institutional Ownership Percentage: 93.61%
Insider Trades by Quarter for Black Hills Corporation (NYSE:BKH)
Institutional Ownership by Quarter for Black Hills Corporation (NYSE:BKH)
Insider Trades by Quarter for Black Hills Corporation (NYSE:BKH)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/3/2017Thomas J ZellerDirectorSell284$65.28$18,539.52View SEC Filing  
2/8/2017Jennifer C LandisSVPBuy1,200$60.85$73,020.00View SEC Filing  
11/6/2015Gary L PechotaDirectorBuy1,000$44.29$44,290.00View SEC Filing  
8/26/2015Richard KinzleyCFOBuy1,087$38.76$42,132.12View SEC Filing  
8/26/2015Steven Richard MillsDirectorBuy2,500$38.87$97,175.00View SEC Filing  
8/12/2015Gary L PechotaDirectorBuy1,000$42.25$42,250.00View SEC Filing  
5/14/2015Gary L PechotaDirectorBuy1,000$46.96$46,960.00View SEC Filing  
3/6/2015Richard KinzleyCFOBuy1,003$48.81$48,956.43View SEC Filing  
2/10/2014Robert MyersInsiderSell2,500$54.14$135,350.00View SEC Filing  
6/5/2013Michael MadisonDirectorBuy4,850$47.49$230,326.50View SEC Filing  
8/27/2012Warren L RobinsonDirectorBuy2,000$34.26$68,520.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Black Hills Corporation (NYSE:BKH)
Latest Headlines for Black Hills Corporation (NYSE:BKH)
DateHeadline logoContrasting Black Hills Corporation (BKH) and Its Competitors - October 15 at 2:10 AM logoBlack Hills Corporation (BKH) PT Raised to $77.00 at J P Morgan Chase & Co - October 14 at 10:46 PM logoBlack Hills Corp. Schedules 2017 Third Quarter Earnings Release and Conference Call - October 11 at 3:51 AM logoBlack Hills Corporation (BKH) Given Average Recommendation of "Buy" by Brokerages - October 8 at 9:00 AM logoBKH Makes Notable Cross Below Critical Moving Average - October 7 at 5:07 PM logoBlack Hills Corp. – Value Analysis (NYSE:BKH) : October 6, 2017 - October 6 at 4:51 PM logoBlack Hills Corporation (BKH) Downgraded by Williams Capital to "Hold" - October 6 at 9:12 AM logoBlack Hills Corp. breached its 50 day moving average in a Bullish Manner : BKH-US : October 5, 2017 - October 5 at 3:27 PM logo$0.57 Earnings Per Share Expected for Black Hills Corporation (BKH) This Quarter - October 4 at 10:24 PM logoBlack Hills Corp. Announces Analyst Day Presentation Topics - October 4 at 6:14 PM logoCredit Suisse Group Increases Black Hills Corporation (BKH) Price Target to $77.00 - October 2 at 10:52 PM logoHead-To-Head Review: Black Hills Corporation (BKH) and Its Competitors - October 2 at 4:18 PM logoBlack Hills Corporation (BKH) & Its Peers Head-To-Head Review - October 1 at 4:38 PM logoContrasting Black Hills Corporation (BKH) & Its Rivals - September 29 at 8:48 AM logoBlack Hills Corp. to Host 2017 Analyst Day on Thursday, Oct. 5 in New York City - September 28 at 1:17 PM logoAnalyzing Black Hills Corporation (BKH) and Its Rivals - September 23 at 10:28 PM logoHead-To-Head Contrast: Black Hills Corporation (BKH) and Its Peers - September 23 at 8:30 PM logoBlack Hills Corporation (BKH) and Its Peers Critical Contrast - September 23 at 12:26 AM logoHead to Head Review: Black Hills Corporation (BKH) vs. Its Competitors - September 22 at 12:22 AM logoBlack Hills Corp. : BKH-US: Dividend Analysis : August 18th, 2017 (record date) : By the numbers : September 18, 2017 - September 18 at 9:58 PM logoReviewing Black Hills Corporation (BKH) and Its Peers - September 17 at 8:20 AM logoBlack Hills Corporation (BKH) Expected to Announce Earnings of $0.57 Per Share - September 16 at 4:20 AM logoBlack Hills Corp. breached its 50 day moving average in a Bearish Manner : BKH-US : September 13, 2017 - September 13 at 5:46 PM logoBlack Hills Corporation (BKH) Given Average Recommendation of "Buy" by Analysts - September 13 at 9:34 AM logoBlack Hills Shows Rising Relative Price Performance; Still Shy Of Key Benchmark - September 11 at 5:16 PM logoBlack Hills Corporation (BKH) versus CenterPoint Energy (CNP) Head to Head Contrast - September 7 at 6:16 AM logoAnalyzing Black Hills Corporation (BKH) and Avista Corporation (AVA) - September 3 at 10:26 PM logoETFs with exposure to Black Hills Corp. : August 31, 2017 - August 31 at 9:30 PM logoBlack Hills Corp. :BKH-US: Earnings Analysis: Q2, 2017 By the Numbers : August 28, 2017 - August 28 at 4:31 PM logoHead to Head Review: Black Hills Corporation (BKH) vs. National Grid Transco, PLC (NGG) - August 25 at 4:10 AM logoBlack Hills (BKH) Presents At CFA Society of Minnesota 6th Annual Intellisight Conference - Slideshow - August 23 at 4:46 PM logoBlack Hills Corporation (BKH) Receives Average Recommendation of "Buy" from Analysts - August 19 at 9:02 AM logoBlack Hills Corp. breached its 50 day moving average in a Bearish Manner : BKH-US : August 18, 2017 - August 18 at 4:45 PM logoAre Options Traders Betting on a Big Move in Black Hills (BKH) Stock? - August 17 at 5:54 PM logoBlack Hills goes ex-dividend tomorrow - August 15 at 7:35 AM logoEx-Dividend Reminder: Costco Wholesale, Black Hills and Duke Energy - August 14 at 4:56 PM logoComparing Black Hills Corporation (NYSE:BKH) and National Grid Transco, PLC (NGG) - August 12 at 2:04 PM logo$0.57 Earnings Per Share Expected for Black Hills Corporation (NYSE:BKH) This Quarter - August 10 at 12:47 PM logoFY2017 EPS Estimates for Black Hills Corporation Cut by Williams Capital (NYSE:BKH) - August 9 at 8:54 AM logoWilliams Capital Research Analysts Lift Earnings Estimates for Black Hills Corporation (NYSE:BKH) - August 8 at 7:04 AM logoBlack Hills (BKH) Misses on Earnings and Revenues in Q2 - August 7 at 5:07 PM logoBlack Hills' (BKH) CEO David Emery on Q2 2017 Results - Earnings Call Transcript - August 5 at 2:56 AM logoEdited Transcript of BKH earnings conference call or presentation 4-Aug-17 3:00pm GMT - August 5 at 2:56 AM logoInvestor Network: Black Hills Corporation to Host Earnings Call - August 4 at 4:52 PM logoBlack Hills posts 2Q profit - August 4 at 4:52 PM logoBlack Hills Corporation (BKH) Posts Earnings Results, Misses Estimates By $0.09 EPS - August 4 at 12:50 AM logoBlack Hills Corp Reports 8% Rise In Q2 Bottom Line - August 3 at 11:01 PM logoBlack Hills Corp. (BKH) Misses Q2 EPS by 9c - August 3 at 11:01 PM logoBlack Hills Corp. Reports Second Quarter 2017 Results - August 3 at 5:59 PM logoBlack Hills Corporation (NYSE:BKH) Updates FY17 Earnings Guidance - August 3 at 5:14 PM



Black Hills Corporation (BKH) Chart for Wednesday, October, 18, 2017

This page was last updated on 10/18/2017 by Staff

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