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.
Industry, Sector and Symbol
Industry Electric services
Sub-IndustryMulti-Utilities
SectorUtilities
Phone605-721-1700
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.75 billion
Profitability
Miscellaneous
Employees2,863
Next Earnings Date5/2/2019 (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 Thursday, January 31st. Investors 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 2.72%. 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) posted its quarterly earnings results on Thursday, February, 7th. The utilities provider reported $1.05 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.92 by $0.13. The utilities provider earned $501.20 million during the quarter, compared to analysts' expectations of $466.97 million. Black Hills had a net margin of 14.73% and a return on equity of 9.75%. Black Hills's revenue for the quarter was up 10.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.98 earnings per share. View Black Hills' Earnings History.
When is Black Hills' next earnings date?
What guidance has Black Hills issued on next quarter's earnings?
Black Hills updated 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 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 brokerages have issued 12-month target prices for Black Hills' shares. Their forecasts range from $53.00 to $72.00. On average, they anticipate Black Hills' share price to reach $63.3333 in the next year. This suggests that the stock has a possible downside of 14.8%. 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?
Media coverage about BKH stock has been trending somewhat negative recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Black Hills earned a daily sentiment score of -1.4 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 media coverage is extremely likely to have an effect on the company's share price in the near term.
Who are some of Black Hills' key competitors?
Some companies that are related to Black Hills include Korea Electric Power (KEP), SSE PLC/S (SSEZY), Fortis (FTS), Avangrid (AGR), CenterPoint Energy (CNP), EDP-Energias de Portugal, S.A (EDPFY), Vistra Energy (VST), NRG Energy (NRG), RED ELECTRICA C/ADR (RDEIY), CENTRAIS ELETRI/S (EBR), Pinnacle West Capital (PNW), Enel Americas (ENIA), CHINA RESOURES/ADR (CRPJY), CENTRICA PLC/S (CPYYY) and Huaneng Power International (HNP).
What other stocks do shareholders of Black Hills own?
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 a variety of of retail and institutional investors. Top institutional investors 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%). View Institutional Ownership Trends for Black Hills.
Which institutional 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 institutional investors are buying Black Hills stock?
BKH stock was purchased 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 $74.31.
How big of a company is Black Hills?
Black Hills has a market capitalization of $4.47 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?
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)
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.
