Black Hills (BKH) Stock Price, News & Analysis

Company Overview

Black Hills Corporation is an energy company headquartered in Rapid City, South Dakota. Through its utility operations, it provides electric and natural gas service to communities across Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming.

The company’s businesses include generating, transmitting and distributing electricity, as well as distributing natural gas. Its energy operations use a mix of resources, including natural gas, coal and renewable sources, to support electric service.

Black Hills traces its history to the early 1940s, when it operated as Black Hills Power & Light Company. Today, its regulated utility businesses operate under the Black Hills Energy name.

Key Stats

• Today's Range: $87.23 to $88.03
• 50-Day Range: $69.73 to $87.43
• 52-Week Range: $67.25 to $88.36
• Volume: 172,401 shs
• Average Volume: 1.02 million shs
• Market Capitalization: $6.71 billion
• P/E Ratio: 21.06
• Dividend Yield: 3.21%
• Price Target: $85.00
• Consensus Rating: Buy

Black Hills Stock Analysis - MarketRank™

Black Hills scored higher than 52% of companies evaluated by MarketBeat, and ranked 79th out of 97 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Black Hills has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 strong buy rating, 6 buy ratings, 1 hold rating, and no sell ratings.

Upside/Downside

The consensus price target for Black Hills is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Black Hills has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 5.53%

Earnings Growth

Earnings for Black Hills are expected to grow by 5.53% in the coming year, from $4.34 to $4.58 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Black Hills is 21.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 25.74.

Price to Earnings Ratio vs. Sector

The P/E ratio of Black Hills is 21.02, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 35.02.

Price to Earnings Growth Ratio

Black Hills has a PEG Ratio of 3.45. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Black Hills has a P/B Ratio of 1.66. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

16.86% of the float of Black Hills has been sold short.

Short Interest Ratio / Days to Cover

Black Hills has a short interest ratio ("days to cover") of 11.05, which indicates bearish sentiment.

Change versus previous month

Short interest in Black Hills has recently increased by 6.31%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Black Hills pays a meaningful dividend of 3.23%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Black Hills has been increasing its dividend for 55 years.

Dividend Coverage

The dividend payout ratio of Black Hills is 67.55%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Black Hills will have a dividend payout ratio of 61.35% next year. This indicates that Black Hills will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.35

News Sentiment

Black Hills has a news sentiment score of 0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Black Hills this week, compared to 4 articles on an average week.

Search Interest

Only 8 people have searched for BKH on MarketBeat in the last 30 days. This is a decrease of -53% compared to the previous 30 days.

MarketBeat Follows

Only 3 people have added Black Hills to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Black Hills insiders have not sold or bought any company stock.

Percentage Held by Insiders

0.56% of the stock of Black Hills is held by insiders.

Percentage Held by Institutions

86.71% of the stock of Black Hills is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 9/1 Dividend: 8/17/2026
• Ex-Dividend for 9/1 Dividend: 8/17/2026
• Dividend Payable: 9/01/2026
• Last Earnings: 11/04/2026
• Today: 11/13/2026
• Record date for 12/1 Dividend: 11/17/2026
• Ex-Dividend for 12/1 Dividend: 11/17/2026
• Dividend Payable: 12/01/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: Multi - Utilities
• Sub-Industry: Multi-Utilities
• Current Symbol: NYSE:BKH
• CIK: 1130464
• Web: www.blackhillscorp.com
• Phone: (605) 721-2343
• Fax: 605-348-4748
• Employees: 2,795
• Year Founded: 2000

Price Target and Rating

• Average Price Target for Black Hills: $85.00
• High Price Target: $97.00
• Low Price Target: $77.00
• Potential Upside/Downside: -2.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 8 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.16
• Trailing P/E Ratio: 21.00
• Forward P/E Ratio: 19.07
• P/E Growth: 3.45
• Net Income: $291.60 million
• Net Margins: 13.49%
• Pretax Margin: 15.91%
• Return on Equity: 8.17%
• Return on Assets: 2.98%

Debt

• Debt-to-Equity Ratio: 0.99
• Current Ratio: 0.47
• Quick Ratio: 0.34

Sales & Book Value

• Annual Sales: $2.31 billion
• Price / Sales: 2.89
• Cash Flow: $7.90 per share
• Price / Cash Flow: 11.05
• Book Value: $52.69 per share
• Price / Book: 1.66

Miscellaneous

• Outstanding Shares: 76,530,000
• Free Float: 76,096,000
• Market Cap: $6.68 billion
• Optionable: Optionable
• Beta: 0.64