Black Hills Corporation (BKH)
| Market Cap | 5.62B +33.3% |
| Revenue (ttm) | 2.29B +3.6% |
| Net Income | 288.30M +3.1% |
| EPS | 3.88 -1.8% |
| Shares Out | 76.13M |
| PE Ratio | 19.01 |
| Forward PE | 16.95 |
| Dividend | $2.81 (3.81%) |
| Ex-Dividend Date | May 15, 2026 |
| Volume | 861,107 |
| Open | 72.51 |
| Previous Close | 73.50 |
| Day's Range | 72.02 - 74.17 |
| 52-Week Range | 55.49 - 78.69 |
| Beta | 0.70 |
| Analysts | Strong Buy |
| Price Target | 83.40 (+13.01%) |
| Earnings Date | Jul 29, 2026 |
About BKH
Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. The company operates through the Electric Utilities and Gas Utilities segments. The Electric Utilities segment engages in the generation, transmission, and distribution of electricity to electric utility customers in Colorado, Montana, South Dakota, and Wyoming; ownership and operation of 1,386 megawatts of generation capacity, and 9,478 miles of electric transmission and distribution lines; sale of excess power to ot... [Read more]
Financial Performance
In 2025, Black Hills's revenue was $2.31 billion, an increase of 8.57% compared to the previous year's $2.13 billion. Earnings were $291.60 million, an increase of 6.77%.
Financial StatementsAnalyst Summary
According to 5 analysts, the average rating for BKH stock is "Strong Buy." The 12-month stock price target is $83.4, which is an increase of 13.01% from the latest price.
News
Black Hills requests rate review in Colorado
Black Hills (BKH) Corp. announced that its Colorado electric utility has filed a rate review application with the Colorado Public Utilities Commission requesting recovery of the necessary capital infr...
Black Hills Corp. Requests Rate Review in Colorado
RAPID CITY, S.D., June 12, 2026 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Colorado electric utility has filed a rate review application with the Colorado Public Utilit...
Black Hills upgraded to Buy from Neutral at BofA
BofA upgraded Black Hills (BKH) to Buy from Neutral with a price target of $78, up from $76. The firm expects the pending all-stock merger with NorthWestern Energy (NWE) to…
Black Hills provides update on proposed 1.8-gigawatt data center project
Black Hills (BKH) provided an update on development activity associated with a proposed 1.8-gigawatt data center project in Cheyenne, Wyoming. The company is continuing to advance the project and is…
Black Hills Corp. Provides an Update on 1.8-Gigawatt Project in Cheyenne
Continues to advance the project and is working directly with the hyperscaler customer Continues to advance the project and is working directly with the hyperscaler customer
Black Hills files automatic mixed securities shelf
07:12 EDT Black Hills (BKH) files automatic mixed securities shelf
Black Hills Earnings Call Transcript: Q1 2026
Q1 2026 results met expectations despite weather-driven demand declines, with adjusted EPS of $1.79 and reaffirmed full-year guidance. Strategic progress included advancing large load opportunities, regulatory filings, and the NorthWestern merger, while maintaining strong liquidity and credit metrics.
Black Hills Earnings release: Q1 2026
Black Hills released its Q1 2026 earnings on May 7, 2026, summarizing the period's financial results.
Black Hills Slides: Q1 2026
Black Hills has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 7, 2026.
Black Hills Quarterly report: Q1 2026
Black Hills has published its Q1 2026 quarterly earnings report on May 7, 2026.
Black Hills reports Q1 adjusted EPS $1.79, consensus $1.84
Reports Q1 revenue $780.7M vs. $805.2M last year. “I’m proud of the strong operational performance by our team and progress on our strategic initiatives in 2026 to date, providing us…
Black Hills backs FY26 adjusted EPS view $4.25-$4.45, consensus $4.35
“Our customer-focused strategy has positioned us to consistently and innovatively deliver safe, reliable, and affordable energy while supporting the needs of our customers and communities for growth. ...
Black Hills Corp. Reaffirms 2026 Earnings Guidance, Reports 2026 First-Quarter Results, and Provides Updates on Merger with NorthWestern Energy and Data Center Progress
RAPID CITY, S.D., May 06, 2026 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced financial results for the first quarter ended March 31, 2026. Net income available for common stock and...
Black Hills Transcript: AGM 2026
The meeting approved all proposals, including director elections and auditor ratification. Financial results showed 5% EPS growth, continued dividend increases, and strong customer growth. Strategic initiatives advanced, highlighted by infrastructure investments and a planned merger with NorthWestern Energy.
Black Hills Slides: FY 2026
Black Hills has posted slides in relation to its FY 2026 quarterly earnings report, which was published on April 29, 2026.
Black Hills Corp. Announces Quarterly Dividend
RAPID CITY, S.D., April 28, 2026 (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...
Black Hills price target raised to $91 from $84 at BMO Capital
BMO Capital analyst Edward DeArias raised the firm’s price target on Black Hills (BKH) to $91 from $84 and keeps an Outperform rating on the shares after the stock jumped…
Microsoft Is Buying 3,200 Acres For a Data Center. This Utility Stock Is Rising.
Black Hills Corp. shares rose on Tuesday after Microsoft announced plans to purchase approximately 3,200 acres in Cheyenne, Wyo., to develop a data center.
Microsoft in pact with Black Hills for Wyoming data center
Microsoft (MSFT) announced its intent to purchase 3,200 acres of land to develop a datacenter in Cheyenne, Wyoming. In the announcement, Microsoft states that the company “will pay its way…
Black Hills jumps 5% after Microsoft utility partnership in Wyoming
Black Hills (BKH) shares are up $3.84 to $76.01 in afternoon trading.
Black Hills Corp. Schedules 2026 First-Quarter Earnings Release and Conference Call
RAPID CITY, S.D., April 09, 2026 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2026 first-quarter earnings after the market closes Wednesday, May 6, 2026, and will host a live co...
Black Hills price target raised to $76 from $72 at BofA
BofA analyst Ross Fowler raised the firm’s price target on Black Hills (BKH) to $76 from $72 and keeps a Neutral rating on the shares. The firm maintains its FY26,…
Black Hills, NorthWestern Energy shareholders approve merger proposals
Black Hills Corp. (BKH) and NorthWestern Energy (NWE) announced that shareholders of each company voted to approve the proposed all-stock merger and other related shareholder proposals at their Specia...
Black Hills Corp. and NorthWestern Energy Shareholders Approve Merger Proposals
RAPID CITY, S.D. and BUTTE, Mont. and SIOUX FALLS, S.D., April 02, 2026 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) and NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (Nasdaq: NWE) an...
Black Hills Transcript: AGM 2026
Shareholders approved all six proposals, including a major merger, increased authorized shares and debt, and a corporate name change. The meeting confirmed a quorum and followed strict governance protocols. Final voting results will be filed with the SEC.