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

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

Black Hills declared a quarterly dividend on Thursday, January 30th. Shareholders of record on Friday, February 14th will be paid a dividend of $0.535 per share on Sunday, March 1st. This represents a $2.14 dividend on an annualized basis and a yield of 2.53%. The ex-dividend date is Thursday, February 13th. View Black Hills' Dividend History.

Black Hills Corp (NYSE:BKH) announced its quarterly earnings results on Thursday, February, 6th. The utilities provider reported $1.13 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.09 by $0.04. The utilities provider had revenue of $477.70 million for the quarter, compared to analysts' expectations of $555.29 million. Black Hills had a return on equity of 8.84% and a net margin of 11.49%. The firm's revenue was down 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.05 EPS. View Black Hills' Earnings History.

Black Hills is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for Black Hills.

Black Hills updated its FY20 earnings guidance on Thursday, February, 6th. The company provided EPS guidance of $3.55-3.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.69.

5 analysts have issued 12 month target prices for Black Hills' shares. Their forecasts range from $70.00 to $80.00. On average, they anticipate Black Hills' stock price to reach $76.00 in the next year. This suggests that the stock has a possible downside of 10.3%. View Analyst Price Targets for Black Hills.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Black Hills in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Black Hills.

News headlines about BKH stock have trended very positive this week, according to InfoTrie. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real-time. 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 daily sentiment score of 4.0 on InfoTrie's scale. They also assigned news stories about the utilities provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Black Hills.

Some companies that are related to Black Hills include Dominion Energy (D), Sempra Energy (SRE), WEC Energy Group (WEC), Consolidated Edison (ED), Public Service Enterprise Group (PEG), DTE Energy (DTE), Ameren (AEE), CMS Energy (CMS), Alliant Energy (LNT), CenterPoint Energy (CNP), NiSource (NI), PG&E (PCG), Mdu Resources Group (MDU), NorthWestern (NWE) and Avista (AVA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Black Hills investors own include Verizon Communications (VZ), InterDigital Wireless (IDCC), Bank of Hawaii (BOH), United Technologies (UTX), Altria Group (MO), Duke Energy (DUK), Exxon Mobil (XOM), PepsiCo (PEP), Stag Industrial (STAG) and Intel (INTC).

Black Hills' stock is owned by a variety of of retail and institutional investors. Top institutional investors include State Street Corp (8.13%), Renaissance Technologies LLC (2.30%), Alliancebernstein L.P. (2.14%), Janus Henderson Group PLC (1.68%), Bank of New York Mellon Corp (1.45%) and Cramer Rosenthal Mcglynn LLC (1.39%). Company insiders that own Black Hills stock include Brian Iverson, David R Emery, Richard Kinzley and Shonn D Stahlecker. View Institutional Ownership Trends for Black Hills.

BKH stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Massachusetts Financial Services Co. MA, MERIAN GLOBAL INVESTORS UK Ltd, Goldman Sachs Group Inc., William Blair Investment Management LLC, AQR Capital Management LLC, Alliancebernstein L.P. and Victory Capital Management Inc.. Company insiders that have sold Black Hills company stock in the last year include Brian Iverson, David R Emery, Richard Kinzley and Shonn D Stahlecker. View Insider Buying and Selling for Black Hills.

BKH stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Rothschild & Co. Asset Management US Inc., First Trust Advisors LP, FMR LLC, UBS Group AG, Point72 Asset Management L.P., Janus Henderson Group PLC and Geode Capital Management LLC. View Insider Buying and Selling 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of BKH stock can currently be purchased for approximately $84.73.

Black Hills has a market capitalization of $5.21 billion and generates $1.73 billion in revenue each year. The utilities provider earns $199.30 million in net income (profit) each year or $3.53 on an earnings per share basis. Black Hills employs 2,863 workers across the globe.View Additional Information About Black Hills.

The official website for Black Hills is http://www.blackhillscorp.com/.

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]