Black Hills Corporation (BKH)

NYSE: BKH · IEX Real-Time Price · USD
56.78
-0.15 (-0.26%)
May 17, 2024, 4:00 PM EDT - Market closed
-0.26%
Market Cap 3.91B
Revenue (ttm) 2.14B
Net Income (ttm) 276.02M
Shares Out 68.93M
EPS (ttm) 4.06
PE Ratio 13.99
Forward PE 14.47
Dividend $2.60 (4.58%)
Ex-Dividend Date May 16, 2024
Volume 220,956
Open 56.81
Previous Close 56.93
Day's Range 56.46 - 57.02
52-Week Range 46.43 - 64.47
Beta 0.63
Analysts Hold
Price Target 55.00 (-3.13%)
Earnings Date May 8, 2024

About BKH

Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. The company operates in two segments: Electric Utilities and Gas Utilities. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 222,000 electric utility customers in Colorado, Montana, South Dakota, and Wyoming; and owns and operates 1,394 megawatts of generation capacity and 9,106 miles of electric transmission and distribution lines. The Gas Utilities segment distributes... [Read more]

Sector Utilities
Founded 1941
Employees 2,874
Stock Exchange NYSE
Ticker Symbol BKH
Full Company Profile

Financial Performance

In 2023, Black Hills's revenue was $2.33 billion, a decrease of -8.64% compared to the previous year's $2.55 billion. Earnings were $262.20 million, an increase of 1.47%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for BKH stock is "Hold." The 12-month stock price forecast is $55.0, which is a decrease of -3.13% from the latest price.

Price Target
$55.0
(-3.13% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Black Hills Corp. Announces Pricing of $450 Million Debt Offering

RAPID CITY, S.D., May 13, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced the pricing of a registered public debt offering of $450 million aggregate principal amount of 6.00% se...

5 days ago - GlobeNewsWire

Black Hills Corp. Reports 2024 First-Quarter Results and Reaffirms 2024 Earnings Guidance

RAPID CITY, S.D., May 08, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced financial results for the first quarter of 2024. Net income available for common stock and earnings per...

10 days ago - GlobeNewsWire

Black Hills Corp. Natural Gas Utility Requests Rate Review in Iowa

GRIMES, Iowa, May 01, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Iowa natural gas utility, Black Hills/Iowa Gas Utility Company, LLC, doing business as Black Hills...

17 days ago - GlobeNewsWire

Black Hills Corp. Announces Quarterly Dividend

RAPID CITY, S.D., April 22, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its board of directors declared a quarterly dividend on the common stock at a meeting held April...

26 days ago - GlobeNewsWire

Black Hills Corp. Recommends 400 MW of New Renewable Resources in Colorado

RAPID CITY, S.D., April 18, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its subsidiary Black Hills Colorado Electric, LLC, doing business as Black Hills Energy, is reco...

4 weeks ago - GlobeNewsWire

Black Hills Corp. Confirms Details for its Annual Meeting of Shareholders

RAPID CITY, S.D., April 16, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will hold its Annual Meeting of Shareholders on Tuesday, April 23, 2024, at 9:30 a.m. MDT at 7001 Mount Rushmore Road...

4 weeks ago - GlobeNewsWire

Black Hills Corp. Schedules 2024 First Quarter Earnings Release and Conference Call

RAPID CITY, S.D., April 10, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2024 first quarter earnings after the market closes Wednesday, May 8, 2024, and will host a live co...

5 weeks ago - GlobeNewsWire

Black Hills Corp. Announces Investor Meetings and Reaffirms Guidance

RAPID CITY, S.D., Feb. 29, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that members of its senior leadership team are scheduled to meet with investors in March, including pa...

2 months ago - GlobeNewsWire

Black Hills Corp. Reports 2023 Fourth-Quarter and Full-Year Results and Initiates 2024 Earnings Guidance

RAPID CITY, S.D., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced financial results for the fourth quarter of 2023. Net income available for common stock and earnings p...

3 months ago - GlobeNewsWire

Black Hills Energy Renewable Resources Completes Acquisition of Renewable Natural Gas Production Facility in Iowa

DUBUQUE, Iowa, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its nonregulated subsidiary, Black Hills Energy Renewable Resources, completed the purchase of a ren...

3 months ago - GlobeNewsWire

Lion Rock Enters into Letter Of Intent to Acquire Volney Lithium Project in the Black Hills

Vancouver, British Columbia--(Newsfile Corp. - January 30, 2024) - Lion Rock Resources Inc. (TSXV: ROAR) (FSE: KGB) (the "Company" or "Lion Rock") is pleased to announce that it has entered into a non...

3 months ago - Newsfile Corp

Black Hills Corp. Announces Quarterly Dividend Increase

RAPID CITY, S.D., Jan. 26, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its board of directors approved a quarterly dividend of $0.65 per share, an increase of $0.025 pe...

4 months ago - GlobeNewsWire

Black Hills Corp. Schedules 2023 Fourth Quarter and Full Year Earnings Release and Conference Call

RAPID CITY, S.D., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2023 fourth quarter and full year earnings after the market closes Wednesday, Feb. 7, 2024, and will...

4 months ago - GlobeNewsWire

Black Hills Corp. Natural Gas Utility Requests Rate Review in Arkansas

FAYETTEVILLE, Ark., Dec. 04, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Arkansas natural gas utility, Black Hills Energy Arkansas, Inc., doing business as Black Hi...

5 months ago - GlobeNewsWire

Black Hills Corp. Reports 2023 Third-Quarter Results and Reaffirms 2023 Earnings Guidance

RAPID CITY, S.D., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced financial results for the third quarter of 2023. Net income available for common stock and earnings pe...

7 months ago - GlobeNewsWire

October is Fire Prevention Month - Black Hills Energy Highlights Wildfire Mitigation Programs

RAPID CITY, S.D., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Safety is a fundamental component of Black Hills Energy's mission of improving life with energy. In recognition of “Fire Prevention Month” this Octo...

7 months ago - GlobeNewsWire

Black Hills Corp. Natural Gas Utility Requests Approval of Settlement Agreement for Rate Review in Wyoming

CHEYENNE, Wyo., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Wyoming natural gas utility, Black Hills Wyoming Gas, LLC, doing business as Black Hills Energy...

7 months ago - GlobeNewsWire

Black Hills Corp. Schedules 2023 Third Quarter Earnings Release and Conference Call

RAPID CITY, S.D., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2023 third quarter earnings after the market closes Wednesday, Nov. 1, 2023, and will host a live co...

8 months ago - GlobeNewsWire

Top 4 Utilities Stocks You'll Regret Missing This Quarter

The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.

Other symbols: ATOMSEXUTL
8 months ago - Benzinga

Black Hills Corp. Reports 2023 Second-Quarter Results and Reaffirms 2023 Earnings Guidance

RAPID CITY, S.D., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced financial results for the second quarter of 2023. Net income available for common stock and earnings p...

10 months ago - GlobeNewsWire

Black Hills Corp. Natural Gas Intrastate Pipeline Company Receives Approval for New Rates in Colorado

DENVER, July 18, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Colorado intrastate natural gas pipeline, Rocky Mountain Natural Gas LLC, doing business as Black Hills...

10 months ago - GlobeNewsWire

Black Hills Corp. Highlights Progress Toward a Cleaner Energy Future in Newly Released Sustainability Report

RAPID CITY, S.D., July 11, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced the release of its 2022 Sustainability Report highlighting the company's environmental, social and gov...

11 months ago - GlobeNewsWire

Black Hills Corp. Schedules 2023 Second Quarter Earnings Release and Conference Call

RAPID CITY, S.D., July 05, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2023 second quarter earnings after the market closes Wednesday, Aug. 2, 2023, and will host a live c...

11 months ago - GlobeNewsWire

Black Hills Corp. Announces Key Executive Leadership Appointments

RAPID CITY, S.D., June 14, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced changes within the company's senior management team and appointed a new vice president and treasurer.

1 year ago - GlobeNewsWire

Black Hills Corp. Natural Gas Utility Requests Rate Review and Rider Renewal in Wyoming

CHEYENNE, Wyo., May 18, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Wyoming natural gas utility, Black Hills Wyoming Gas, LLC, doing business as Black Hills Energy,...

1 year ago - GlobeNewsWire