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S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
An Unusual Way to Invest in Gold (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
An Unusual Way to Invest in Gold (Ad)
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Airbnb stock bulls just went all in before earnings
New Trump Bombshell (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
3 stocks set to benefit from record Valentine's Day spending
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
An Unusual Way to Invest in Gold (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
An Unusual Way to Invest in Gold (Ad)
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Airbnb stock bulls just went all in before earnings
New Trump Bombshell (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
3 stocks set to benefit from record Valentine's Day spending
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
An Unusual Way to Invest in Gold (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
An Unusual Way to Invest in Gold (Ad)
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Airbnb stock bulls just went all in before earnings
New Trump Bombshell (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
3 stocks set to benefit from record Valentine's Day spending
NYSE:BKH

Black Hills (BKH) Stock Price, News & Analysis

$51.62
+0.37 (+0.72%)
(As of 02/9/2024 08:56 PM ET)
Today's Range
$50.92
$51.80
50-Day Range
$49.65
$56.04
52-Week Range
$46.43
$66.85
Volume
781,300 shs
Average Volume
592,314 shs
Market Capitalization
$3.51 billion
P/E Ratio
13.17
Dividend Yield
4.84%
Price Target
$55.80

Black Hills MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.80 Rating Score
Upside/​Downside
8.1% Upside
$55.80 Price Target
Short Interest
Healthy
3.54% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-6.36
Upright™ Environmental Score
News Sentiment
0.59mentions of Black Hills in the last 14 days
Based on 23 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.60 out of 5 stars

Utilities Sector

65th out of 89 stocks

Electric Services Industry

29th out of 41 stocks


BKH stock logo

About Black Hills Stock (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 220,000 electric utility customers in Colorado, Montana, South Dakota, and Wyoming; and owns and operates 1,482 megawatts of generation capacity and 9,024 miles of electric transmission and distribution lines. The Gas Utilities segment distributes natural gas to approximately 1,107,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming; owns and operates 4,713 miles of intrastate gas transmission pipelines; 42,222 miles of gas distribution mains and service lines; seven 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 Price History

BKH Stock News Headlines

Biden Out, _______ In?
A new poll shows that two-thirds of Democrats want Biden to drop out of the 2024 race. The truth will shock you. 
Black Hills (NYSE:BKH) Given New $58.00 Price Target at Scotiabank
Q4 2023 Black Hills Corp Earnings Call
Biden Out, _______ In?
A new poll shows that two-thirds of Democrats want Biden to drop out of the 2024 race. The truth will shock you. 
Black Hills Corp Q4 Profit Advances, Beats estimates
LION ROCK RESOURCES INC
Black Hills Corp. Announces Quarterly Dividend Increase
See More Headlines
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Company Calendar

Ex-Dividend for 12/1 Dividend
11/16/2023
Dividend Payable
12/01/2023
Last Earnings
2/08/2024
Today
2/12/2024
Ex-Dividend for 3/1 Dividend
2/15/2024
Dividend Payable
3/01/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric services
Sub-Industry
Multi-Utilities
CUSIP
09211310
Employees
2,982
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$55.80
High Stock Price Target
$62.00
Low Stock Price Target
$49.00
Potential Upside/Downside
+8.1%
Consensus Rating
Reduce
Rating Score (0-4)
1.80
Research Coverage
5 Analysts

Profitability

Net Income
$262.20 million
Pretax Margin
12.94%

Debt

Sales & Book Value

Annual Sales
$2.33 billion
Cash Flow
$7.64 per share
Book Value
$47.48 per share

Miscellaneous

Free Float
67,577,000
Market Cap
$3.51 billion
Optionable
Optionable
Beta
0.65
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Key Executives

  • Mr. Linden R. EvansMr. Linden R. Evans (Age 61)
    President, CEO & Director
    Comp: $2.09M
  • Mr. Erik D. Keller (Age 60)
    Senior VP & Chief Information Officer
    Comp: $587.11k
  • Mr. Brian G. Iverson (Age 61)
    Senior VP, General Counsel & Chief Compliance Officer
    Comp: $754.79k
  • Ms. Kimberly F. Nooney
    Senior VP & CFO
  • Mr. Jerome E. Nichols
    Director of Investor Relations
  • Ms. Todd Jacobs
    Senior Vice President Growth and Strategy
  • Ms. Marne M. Jones (Age 51)
    Senior Vice President of Utilities
  • Ms. Amy K. Koenig (Age 50)
    VP of Governance, Corporate Secretary & Deputy General Counsel
  • Mr. Courtney Hebert
    VP, Corporate Controller & Chief Risk Officer
  • Mr. Tom Stevens
    VP & Treasurer














BKH Stock Analysis - Frequently Asked Questions

Should I buy or sell Black Hills stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Black Hills in the last year. There are currently 1 sell rating and 4 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" BKH shares.
View BKH analyst ratings
or view top-rated stocks.

What is Black Hills' stock price target for 2024?

5 analysts have issued twelve-month price targets for Black Hills' shares. Their BKH share price targets range from $49.00 to $62.00. On average, they anticipate the company's share price to reach $55.80 in the next twelve months. This suggests a possible upside of 8.1% from the stock's current price.
View analysts price targets for BKH
or view top-rated stocks among Wall Street analysts.

How have BKH shares performed in 2024?

Black Hills' stock was trading at $53.95 at the start of the year. Since then, BKH shares have decreased by 4.3% and is now trading at $51.62.
View the best growth stocks for 2024 here
.

When is Black Hills' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our BKH earnings forecast
.

How were Black Hills' earnings last quarter?

Black Hills Co. (NYSE:BKH) issued its quarterly earnings results on Thursday, February, 8th. The utilities provider reported $1.17 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.06 by $0.11. The utilities provider had revenue of $591.70 million for the quarter, compared to the consensus estimate of $863.67 million. Black Hills had a net margin of 11.25% and a trailing twelve-month return on equity of 8.15%. During the same period last year, the company posted $1.11 EPS.

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

Black Hills announced a quarterly dividend on Friday, January 26th. Stockholders of record on Friday, February 16th will be given a dividend of $0.65 per share on Friday, March 1st. This represents a $2.60 annualized dividend and a dividend yield of 5.04%. The ex-dividend date of this dividend is Thursday, February 15th. This is an increase from the stock's previous quarterly dividend of $0.63.
Read our dividend analysis for BKH
.

Is Black Hills a good dividend stock?

Black Hills (NYSE:BKH) pays an annual dividend of $2.50 per share and currently has a dividend yield of 4.84%. BKH has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 63.78%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for BKH.

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

Black Hills issued an update on its FY 2024 earnings guidance on Wednesday, February, 7th. The company provided EPS guidance of 3.800-4.000 for the period, compared to the consensus earnings per share estimate of 3.870. The company issued revenue guidance of -.

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

9 employees have rated Black Hills Chief Executive Officer Linn Evans on Glassdoor.com. Linn Evans has an approval rating of 85% among the company's 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).

Who are Black Hills' major shareholders?

Black Hills' stock is owned by a variety of retail and institutional investors. Top institutional investors include Massachusetts Financial Services Co. MA (1.33%), Dimensional Fund Advisors LP (1.28%), Charles Schwab Investment Management Inc. (1.15%), Franklin Resources Inc. (0.61%), California Public Employees Retirement System (0.50%) and Assenagon Asset Management S.A. (0.38%). Insiders that own company stock include Rebecca B Roberts, Richard Kinzley, Stuart A Wevik and Stuart A Wevik.
View institutional ownership trends
.

How do I buy shares of Black Hills?

Shares of BKH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:BKH) was last updated on 2/12/2024 by MarketBeat.com Staff

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