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S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
NYSE:BKH

Black Hills Stock Forecast, Price & News

$75.59
+2.82 (+3.88%)
(As of 07/1/2022 05:43 PM ET)
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Compare
Today's Range
$72.79
$75.82
50-Day Range
$66.81
$77.33
52-Week Range
$61.95
$80.95
Volume
371,875 shs
Average Volume
392,019 shs
Market Capitalization
$4.90 billion
P/E Ratio
18.76
Dividend Yield
3.27%
Price Target
$78.00

Black Hills Stock Forecast (MarketRank)

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
3.2% Upside
$78.00 Price Target
Short Interest
Bearish
4.62% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$36.81 K Sold Last Quarter
Proj. Earnings Growth
5.93%
From $4.05 to $4.29 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

1.64 out of 5 stars

Utilities Sector

63rd out of 123 stocks

Electric Services Industry

32nd out of 58 stocks

30 days | 90 days | 365 days | Advanced Chart

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Black Hills logo

About Black Hills (NYSE:BKH)

Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. It operates in two segments, Electric Utilities and Gas Utilities. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 218,000 electric utility customers in Colorado, Montana, South Dakota, and Wyoming; and owns and operates 1,481.5 megawatts of generation capacity and 8,892 miles of electric transmission and distribution lines. The Gas Utilities segment distributes natural gas to approximately 1,094,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming; owns and operates 4,732 miles of intrastate gas transmission pipelines; 41,644 miles of gas distribution mains and service lines; six natural gas storage sites; and approximately 50,000 horsepower of compression and 515 miles of gathering lines. The company also constructs and maintains gas infrastructure facilities for gas transportation customers; and provides appliance repair services to residential utility customers, as well as electrical system construction services to large industrial customers. In addition, it produces electric power through wind, natural gas, and coal-fired generating plants; and coal at its coal mine located near Gillette, Wyoming. The company was incorporated in 1941 and is headquartered in Rapid City, South Dakota.

BKH Stock News Headlines

Black Hills BKH Investment Report
Black Hills Q1 2022 Earnings Preview
Black Hills Corp. Tops Q1 EPS by 17c
BKH Crosses Above Average Analyst Target
Selling Black Hills Before Earnings
Black Hills Q4 2021 Earnings Preview
Black Hills declares $0.595 dividend
See More Headlines

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
Multi-Utilities
Sector
Utilities
CUSIP
09211310
Employees
2,884
Year Founded
N/A

Company Calendar

Last Earnings
5/04/2022
Ex-Dividend for 6/1 Dividend
5/17/2022
Dividend Payable
6/01/2022
Today
7/02/2022
Next Earnings (Estimated)
8/02/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$78.00
High Stock Price Forecast
$80.00
Low Stock Price Forecast
$76.00
Forecasted Upside/Downside
+3.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.5
Research Coverage
2 Analysts

Profitability

Net Income
$236.74 million
Pretax Margin
13.69%

Debt

Sales & Book Value

Annual Sales
$1.95 billion
Cash Flow
$7.99 per share
Book Value
$45.48 per share

Miscellaneous

Free Float
64,373,000
Market Cap
$4.90 billion
Optionable
Optionable
Beta
0.47














Black Hills Frequently Asked Questions

Should I buy or sell Black Hills stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Black Hills in the last year. 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 "moderate buy" Black Hills stock.
View analyst ratings for Black Hills
or view top-rated stocks.

What is Black Hills' stock price forecast for 2022?

2 brokers have issued 12 month price objectives for Black Hills' shares. Their BKH stock forecasts range from $76.00 to $80.00. On average, they expect Black Hills' share price to reach $78.00 in the next twelve months. This suggests a possible upside of 3.2% from the stock's current price.
View analysts' price targets for Black Hills
or view top-rated stocks among Wall Street analysts.

How has Black Hills' stock performed in 2022?

Black Hills' stock was trading at $70.57 at the beginning of 2022. Since then, BKH stock has increased by 7.1% and is now trading at $75.59.
View the best growth stocks for 2022 here
.

When is Black Hills' next earnings date?

Black Hills is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for Black Hills
.

How were Black Hills' earnings last quarter?

Black Hills Co. (NYSE:BKH) issued its quarterly earnings data on Wednesday, May, 4th. The utilities provider reported $1.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.63 by $0.19. The utilities provider earned $823.60 million during the quarter, compared to analysts' expectations of $657.25 million. Black Hills had a net margin of 12.06% and a trailing twelve-month return on equity of 9.04%. Black Hills's revenue for the quarter was up 30.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.54 earnings per share.
View Black Hills' earnings history
.

How often does Black Hills pay dividends? What is the dividend yield for Black Hills?

Black Hills announced a quarterly dividend on Monday, April 25th. Investors of record on Wednesday, May 18th will be given a dividend of $0.595 per share on Wednesday, June 1st. This represents a $2.38 annualized dividend and a dividend yield of 3.15%. The ex-dividend date is Tuesday, May 17th.
View Black Hills' dividend history
.

Is Black Hills a good dividend stock?

Black Hills(NYSE:BKH) pays an annual dividend of $2.38 per share and currently has a dividend yield of 3.27%. 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 59.06%. 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.

What guidance has Black Hills issued on next quarter's earnings?

Black Hills issued an update on its FY 2022 earnings guidance on Wednesday, May, 11th. The company provided earnings per share (EPS) guidance of $3.95-$4.15 for the period, compared to the consensus estimate of $4.06. The company issued revenue guidance of -.

Who are Black Hills' key executives?

Black Hills' management team includes the following people:
  • Mr. Linden R. Evans, Pres, CEO & Director (Age 59, Pay $2.2M) (LinkedIn Profile)
  • Mr. Richard W. Kinzley, Sr. VP & CFO (Age 56, Pay $1.01M)
  • Mr. Erik D. Keller, Sr. VP & Chief Information Officer (Age 58, Pay $631.26k)
  • Mr. Brian G. Iverson, Sr. VP, Gen. Counsel & Chief Compliance Officer (Age 59, Pay $774.89k)
  • Mr. Stuart A. Wevik, Sr. VP of Utility Operations (Age 60, Pay $792.31k) (LinkedIn Profile)
  • Mr. Jerome E. Nichols, Director of Investor Relations
  • Ms. Jennifer C. Landis, Sr. VP & Chief HR Officer (Age 47)
  • Mr. Garner M. Anderson, Chief Risk Officer & VP (Age 60)
  • Ms. Esther J. Newbrough, VP & Corp. Controller
  • Ms. Kimberly F. Nooney, VP & Treasurer

What is Linn Evans' approval rating as Black Hills' CEO?

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

What other stocks do shareholders of Black Hills own?

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).

What is Black Hills' stock symbol?

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

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Black Hills' stock price today?

One share of BKH stock can currently be purchased for approximately $75.59.

How much money does Black Hills make?

Black Hills (NYSE:BKH) has a market capitalization of $4.90 billion and generates $1.95 billion in revenue each year. The utilities provider earns $236.74 million in net income (profit) each year or $4.03 on an earnings per share basis.

How many employees does Black Hills have?

Black Hills employs 2,884 workers across the globe.

How can I contact Black Hills?

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.

This page (NYSE:BKH) was last updated on 7/2/2022 by MarketBeat.com Staff

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