Black Hills Corporation (BKH)
Market Cap | 4.17B |
Revenue (ttm) | 2.12B |
Net Income (ttm) | 254.70M |
Shares Out | 71.57M |
EPS (ttm) | 3.68 |
PE Ratio | 15.80 |
Forward PE | 14.15 |
Dividend | $2.60 (4.47%) |
Ex-Dividend Date | Nov 18, 2024 |
Volume | 341,087 |
Open | 57.29 |
Previous Close | 58.05 |
Day's Range | 57.20 - 58.52 |
52-Week Range | 49.34 - 65.59 |
Beta | 0.69 |
Analysts | Hold |
Price Target | 61.25 (+5.22%) |
Earnings Date | Feb 5, 2025 |
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]
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 StatementsAnalyst Forecast
According to 4 analysts, the average rating for BKH stock is "Hold." The 12-month stock price forecast is $61.25, which is an increase of 5.22% from the latest price.
News
Buy 6 December Dividend Kings But Watch 22 With 'Safer' Dividends
"A Dividend King [is] a stock with 50 or more consecutive years of dividend increases." - suredividend.com. 53 Divided Kings, screened as of December 11, 2024, represented all eleven Morningstar Secto...
Black Hills Corp. Natural Gas Utility Receives Approval for New Rates in Iowa
RAPID CITY, S.D., Dec. 02, 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 ...
Converium Capital Sends Letter to Medical Facilities' Board of Directors to Congratulate the Company on its Recent Sale of Black Hills Surgical Hospital
MONTREAL--(BUSINESS WIRE)--Converium Capital Inc. (“Converium”), one of the largest shareholders of Medical Facilities Corporation (TSE: DR) (“Medical Facilities” or the “Company”), today announced it...
Black Hills Is Still A Buyable Dividend King Now
Black Hills Corporation has hiked its dividends paid to shareholders for 54 years straight. The electric and gas utility continues to expect 4% to 6% annual diluted EPS growth over the long run. Black...
Why I Am Reducing Black Hills Stock From Buy To Hold
Institutional Shareholder Services rated Black Hills Corporation's governance as superb with an overall score of 1, indicating low governance risk. Natural gas revenues are seasonally weather-dependen...
Black Hills Corporation (BKH) Q3 2024 Earnings Call Transcript
Black Hills Corporation (NYSE:BKH) Q3 2024 Earnings Conference Call November 7, 2024 11:00 AM ET Company Participants Sal Diaz - Director, Investor Relations Linn Evans - President & Chief Executive ...
Black Hills Corp. Reaffirms 2024 Earnings Guidance and Reports 2024 Third-Quarter Results
RAPID CITY, S.D., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced financial results for the third quarter of 2024. Net income available for common stock and earnings pe...
Elected Official Visits Black Hills Life Flight in Hot Springs to Learn About Lifesaving Air Medical Services
U.S. Representative Dusty Johnson Experiences Firsthand the Critical Role of Air Medical Services in South Dakota U.S. Representative Dusty Johnson Experiences Firsthand the Critical Role of Air Medic...
Black Hills Corp. Announces Quarterly Dividend
RAPID CITY, S.D., Oct. 28, 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 Oct, 2...
Black Hills AI and DeepIP Announce Strategic Integration Partnership
MINNEAPOLIS & NEW YORK--(BUSINESS WIRE)-- #AI--Black Hills AI and DeepIP today announced a groundbreaking integration partnership to transform the landscape of IP automation and analysis.
Badlands Reports High-Grade Gold Results From Surface Exploration Program In The Black Hills
Vancouver, British Columbia--(Newsfile Corp. - October 17, 2024) - Badlands Resources Inc. (TSXV: BLDS) (FSE: B7Q) ("Badlands" or the "Company") is pleased to announce the successful results from its ...
Buy 7 October Dividend Kings, Watch 10 More
A Dividend King is a stock with 50 or more consecutive years of dividend increases per suredividend.com. The 53 Dividend Kings, screened as of October 8, represented 8 of 11 Morningstar Sectors. Broke...
Black Hills Corp. Schedules 2024 Third Quarter Earnings Release and Conference Call
RAPID CITY, S.D., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2024 third quarter earnings after the market closes Wednesday, Nov. 6, 2024, and will host a live co...
Undervalued Dividend Kings: October 2024
Dividend Kings have a 50+ year track record of increasing dividends, showcasing resilience through economic challenges. I rank Dividend Kings by quality score and highlight undervalued stocks for pote...
Black Hills Corp. Natural Gas Utility Receives Approval for New Rates in Arkansas
RAPID CITY, S.D., Oct. 02, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Arkansas natural gas utility, Black Hills Energy Arkansas, Inc., doing business as Black Hill...
Black Hills: It's Not Too Late To Buy This Dividend King Now
Black Hills Corporation stands out as a proven dividend grower. The gas and electric utility remains on track to meet its long-term growth targets. The company enjoys a BBB+ credit rating from S&P on ...
Evergy, MDU Set For Growth But Black Hills Faces EPS Headwinds, Says BofA Analyst
BofA Securities analyst Ross Fowler reinstated coverage on four US utilities in the Great Plains.
Buy 7 September Dividend Kings, Watch 9 More
"What is a Dividend King? A stock with 50 or more consecutive years of dividend increases.” - suredividend.com. The 53 Dividend Kings, screened as of Sept. 10, represented eight of 11 Morningstar Sect...
Black Hills Corp. Completes 2024 Equity Issuances
RAPID CITY, S.D., Aug. 19, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) announced that it executed a block equity trade through its at-the-market (“ATM”) equity offering program to satisfy i...
53 August Dividend Kings: Buy 7, Watch 9 More
“What is a Dividend King? A stock with 50 or more consecutive years of dividend increases.”—suredividend.com. The 53 Dividend Kings, screened as of August 6, represented 8 of 11 Morningstar Sectors. B...
Black Hills Corporation (BKH) Q2 2024 Earnings Call Transcript
Black Hills Corporation (NYSE:BKH) Q2 2024 Earnings Conference Call August 1, 2024 11:00 AM ET Company Participants Jerome Nichols – Director-Investor Relations Linn Evans – President and Chief Execu...
Black Hills Corp. Reports 2024 Second-Quarter Results and Reaffirms 2024 Earnings Guidance
RAPID CITY, S.D., July 31, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced financial results for the second quarter of 2024. Net income available for common stock and earnings p...
Black Hills: An Attractive Dividend Play Dabbling In Data Centers
Black Hills Corporation is a driving force behind Meta's data center in Wyoming, benefiting from increased demand for customized energy solutions. Black Hills offers an attractive dividend yield of 4....
Black Hills Corp. to Power Meta's New Data Center in Wyoming with Innovative Energy Solutions and Mission-Critical Reliability
RAPID CITY, S.D., July 11, 2024 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced it will partner with Meta to provide power for its newest data center in Cheyenne, Wyoming, an area se...
Black Hills Corporation: The Time To Buy This Dividend King Is Now
Black Hills Corporation's 54-year dividend growth streak is a testament to the quality of its business. The electric and natural gas utility is targeting 4% to 6% annual EPS growth, which looks to be ...