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.
Industry, Sector and Symbol
Industry Electric services
Sub-IndustryMulti-Utilities
SectorUtilities
SymbolNYSE:BKH
CUSIP09211310
Phone605-721-1700
Debt
Debt-to-Equity Ratio1.48
Current Ratio0.62
Quick Ratio0.52
Price-To-Earnings
Trailing P/E Ratio17.45
Forward P/E Ratio17.27
P/E Growth4.05
Sales & Book Value
Annual Sales$1.68 billion
Price / Sales1.87
Cash Flow$7.3571 per share
Price / Cash7.98
Book Value$34.03 per share
Price / Book1.73
Profitability
EPS (Most Recent Fiscal Year)$3.36
Net Income$177.03 million
Net Margins13.98%
Return on Equity10.49%
Return on Assets2.92%
Miscellaneous
Employees2,744
Outstanding Shares53,590,000
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 Tuesday, April 24th. Investors of record on Friday, May 18th will be given a dividend of $0.475 per share on Friday, June 1st. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.23%. The ex-dividend date is Thursday, May 17th. View Black Hills' Dividend History.
How were Black Hills' earnings last quarter?
Black Hills Corp (NYSE:BKH) issued its quarterly earnings data on Thursday, May, 3rd. The utilities provider reported $1.63 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.53 by $0.10. The utilities provider earned $575.40 million during the quarter, compared to analysts' expectations of $560.38 million. Black Hills had a net margin of 13.98% and a return on equity of 10.49%. Black Hills's revenue for the quarter was up 5.1% on a year-over-year basis. During the same quarter last year, the company earned $1.39 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 issued an update on its FY18 earnings guidance on Thursday, May, 3rd. The company provided earnings per share guidance of $3.30-3.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.44.
What price target have analysts set for BKH?
6 analysts have issued 12-month target prices for Black Hills' shares. Their predictions range from $53.00 to $64.00. On average, they anticipate Black Hills' stock price to reach $59.6667 in the next twelve months. View Analyst Ratings for Black Hills.
Who are some of Black Hills' key competitors?
Some companies that are related to Black Hills include CENTRICA PLC/S (CPYYY), Red Eléctrica de Espańa (RDEIY), CenterPoint Energy (CNP), Huaneng Power International (HNP), Enel Americas (ENIA), NRG Energy (NRG), CHINA RESOURES/ADR (CRPJY), Pinnacle West Capital (PNW), Great Plains Energy (GXP), OGE Energy (OGE), ENGIE BRASIL EN/S (EGIEY), Enel Generacion Chile (EOCC), CPFL Energia (CPL), Brookfield Renewable Partners (BEP) and Enel Chile (ENIC).
Who are Black Hills' key executives?
Black Hills' management team includes the folowing people:
- Mr. David R. Emery, Chairman & CEO (Age 55)
- Mr. Linden R. Evans, Pres and Chief Operating Officer (Age 55)
- Mr. Richard W. Kinzley, Sr. VP & CFO (Age 52)
- Mr. Scott A. Buchholz, Sr. VP & Chief Information Officer (Age 56)
- Mr. Brian G. Iverson, Chief Compliance Officer, Sr. VP & Gen. Counsel (Age 55)
Has Black Hills been receiving favorable news coverage?
Media coverage about BKH stock has trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Black Hills earned a news impact score of 0.06 on Accern's scale. They also gave news headlines about the utilities provider an impact score of 46.47 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
Who are Black Hills' major shareholders?
Black Hills' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.20%), Franklin Resources Inc. (2.73%), OppenheimerFunds Inc. (2.62%), Victory Capital Management Inc. (2.38%), Dimensional Fund Advisors LP (1.86%) and Northern Trust Corp (1.57%). Company insiders that own Black Hills stock include Jennifer C Landis 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 BlackRock Inc., Epoch Investment Partners Inc., Millennium Management LLC, Sei Investments Co., Engineers Gate Manager LP, Teacher Retirement System of Texas, Hennessy Advisors Inc. and Wells Fargo & Company MN. 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 Franklin Resources Inc., Nuveen Asset Management LLC, Victory Capital Management Inc., River Road Asset Management LLC, Denver Investment Advisors LLC, OLD Republic International Corp, OLD Republic International Corp and Massachusetts Financial Services Co. MA. 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 $58.88.
How big of a company is Black Hills?
Black Hills has a market capitalization of $3.05 billion and generates $1.68 billion in revenue each year. The utilities provider earns $177.03 million in net income (profit) each year or $3.36 on an earnings per share basis. Black Hills employs 2,744 workers across the globe.
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 investorrelatio[email protected]
MarketBeat Community Rating for Black Hills (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.
