Black Hills - BKH Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Black Hills in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Black Hills stock.
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2 equities research analysts have issued twelve-month target prices for Black Hills' stock. Their BKH stock forecasts range from $76.00 to $80.00. On average, they expect Black Hills' stock price to reach $78.00 in the next twelve months. This suggests a possible upside of 4.8% from the stock's current price.
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Black Hills' stock was trading at $70.57 at the beginning of 2022. Since then, BKH stock has increased by 5.4% and is now trading at $74.40.
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Black Hills is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our earnings forecast for Black Hills.

Black Hills Co. (NYSE:BKH) released its quarterly earnings results on Wednesday, August, 3rd. The utilities provider reported $0.52 earnings per share for the quarter, beating analysts' consensus estimates of $0.42 by $0.10. Black Hills had a net margin of 11.88% and a trailing twelve-month return on equity of 9.22%. During the same quarter last year, the firm posted $0.40 EPS.

Black Hills declared a quarterly dividend on Monday, July 25th. Shareholders of record on Thursday, August 18th will be given a dividend of $0.595 per share on Thursday, September 1st. This represents a $2.38 dividend on an annualized basis and a yield of 3.20%. The ex-dividend date of this dividend is Wednesday, August 17th.
View Black Hills' dividend history.

Black Hills(NYSE:BKH) pays an annual dividend of $2.38 per share and currently has a dividend yield of 3.20%. Black Hills has been increasing its dividend for 52 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Black Hills is 57.35%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Black Hills will have a dividend payout ratio of 55.48% next year. This indicates that Black Hills will be able to sustain or increase its dividend.
View Black Hills' dividend history.

Black Hills issued an update on its FY22 earnings guidance on Wednesday, August, 3rd. The company provided earnings per share guidance of $3.95-$4.15 for the period, compared to the consensus EPS estimate of $4.08.

9 employees have rated Black Hills CEO Linn Evans on Glassdoor.com. Linn Evans has an approval rating of 85% among Black Hills' employees.

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).

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

Black Hills' stock is owned by a variety of retail and institutional investors. Top institutional investors include Victory Capital Management Inc. (1.30%), ProShare Advisors LLC (0.65%), River Road Asset Management LLC (0.33%), Leeward Investments LLC MA (0.31%), Farmers & Merchants Investments Inc. (0.26%) and John G Ullman & Associates Inc. (0.21%). Company insiders that own Black Hills stock include David R Emery, Kathleen S Mcallister, Linden R Evans, Rebecca B Roberts, Richard Kinzley, Shonn D Stahlecker, Stuart A Wevik, Stuart A Wevik and Tony A Jensen.
View institutional ownership trends 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BKH stock can currently be purchased for approximately $74.40.

Black Hills (NYSE:BKH) has a market capitalization of $4.82 billion and generates $1.95 billion in revenue each year. The utilities provider earns $236.74 million in net income (profit) each year or $4.15 on an earnings per share basis.

Black Hills employs 2,884 workers across the globe.

Black Hills' mailing address is 7001 MOUNT RUSHMORE ROAD, RAPID CITY SD, 57702. The official website for Black Hills 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.