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

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$64.92 +0.08 (+0.12 %)
(As of 12/18/2018 10:01 AM ET)
Previous Close$66.66
Today's Range$64.73 - $65.06
52-Week Range$50.49 - $68.23
Volume1,711 shs
Average Volume367,151 shs
Market Capitalization$4.00 billion
P/E Ratio19.35
Dividend Yield3.03%
Beta0.31
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

Stock Exchange NYSE
Industry Electric services
Sub-IndustryMulti-Utilities
SectorUtilities
Current SymbolNYSE:BKH
Previous Symbol
CUSIP09211310
Phone605-721-1700

Debt

Debt-to-Equity Ratio1.54
Current Ratio0.53
Quick Ratio0.36

Price-To-Earnings

Trailing P/E Ratio19.35
Forward P/E Ratio18.98
P/E Growth4.3

Sales & Book Value

Annual Sales$1.68 billion
Price / Sales2.32
Cash Flow$6.9507 per share
Price / Cash Flow9.34
Book Value$34.03 per share
Price / Book1.91

Profitability

EPS (Most Recent Fiscal Year)$3.36
Net Income$177.03 million
Net Margins13.44%
Return on Equity9.98%
Return on Assets2.86%

Miscellaneous

Employees2,744
Outstanding Shares59,970,000
Market Cap$4.00 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 declared a quarterly dividend on Wednesday, October 31st. Investors of record on Monday, November 19th will be paid a dividend of $0.505 per share on Saturday, December 1st. This represents a $2.02 dividend on an annualized basis and a yield of 3.10%. The ex-dividend date is Friday, November 16th. This is a positive change from Black Hills's previous quarterly dividend of $0.48. View Black Hills' Dividend History.

How were Black Hills' earnings last quarter?

Black Hills Corp (NYSE:BKH) issued its quarterly earnings data on Monday, November, 5th. The utilities provider reported $0.42 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.50 by $0.08. The utilities provider earned $322 million during the quarter, compared to the consensus estimate of $357.72 million. Black Hills had a net margin of 13.44% and a return on equity of 9.98%. The firm's revenue for the quarter was down 4.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.50 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, February 7th 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 Monday, November, 5th. The company provided EPS guidance of $3.35-3.55 for the period, compared to the Thomson Reuters consensus estimate of $3.42.

What price target have analysts set for BKH?

7 analysts have issued 12 month price targets for Black Hills' shares. Their predictions range from $53.00 to $69.00. On average, they anticipate Black Hills' stock price to reach $61.00 in the next year. This suggests that the stock has a possible downside of 6.3%. 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 2 sell ratings, 3 hold ratings and 2 buy 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 headlines about BKH stock have been trending negative this week, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Black Hills earned a media sentiment score of -2.4 on InfoTrie's scale. They also assigned media headlines about the utilities provider a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the next few days.

Are investors shorting Black Hills?

Black Hills saw a drop in short interest in November. As of November 15th, there was short interest totalling 1,995,588 shares, a drop of 53.1% from the October 31st total of 4,257,816 shares. Based on an average trading volume of 510,842 shares, the days-to-cover ratio is currently 3.9 days. Currently, 3.8% of the company's stock are sold short. View Black Hills' Current Options Chain.

Who are some of Black Hills' key competitors?

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, COO & Director (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)

Who are Black Hills' major shareholders?

Black Hills' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.94%), Vanguard Group Inc. (8.61%), Vanguard Group Inc (8.61%), Franklin Resources Inc. (2.90%), Alliancebernstein L.P. (2.52%) and Victory Capital Management Inc. (2.47%). Company insiders that own Black Hills stock include Jennifer C Landis and Thomas J Zeller. 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 BlackRock Inc., Allianz Asset Management GmbH, The Manufacturers Life Insurance Company , River Road Asset Management LLC, Victory Capital Management Inc., Morgan Stanley, Strs Ohio and Prudential Financial Inc.. View Insider Buying and Selling for Black Hills.

Which institutional investors are buying Black Hills stock?

BKH stock was acquired by a variety of institutional investors in the last quarter, including Clearbridge Investments LLC, Alliancebernstein L.P., Renaissance Technologies LLC, Massachusetts Financial Services Co. MA, Vanguard Group Inc, Vanguard Group Inc., Man Group plc and Bank of New York Mellon Corp. 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 $65.1050.

How big of a company is Black Hills?

Black Hills has a market capitalization of $4.00 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.

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:  271 (Vote Outperform)
Underperform Votes:  298 (Vote Underperform)
Total Votes:  569
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 12/18/2018 by MarketBeat.com Staff

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