Black Hills Corporation (BKH)
| Market Cap | 4.24B |
| Revenue (ttm) | 2.13B |
| Net Income (ttm) | 273.10M |
| Shares Out | 71.62M |
| EPS (ttm) | 3.91 |
| PE Ratio | 15.15 |
| Forward PE | 14.44 |
| Dividend | $2.70 (4.57%) |
| Ex-Dividend Date | Feb 18, 2025 |
| Volume | 471,750 |
| Open | 60.04 |
| Previous Close | 60.40 |
| Day's Range | 58.85 - 60.41 |
| 52-Week Range | 50.73 - 65.59 |
| Beta | 0.67 |
| Analysts | Hold |
| Price Target | 62.33 (+5.23%) |
| Earnings Date | May 7, 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 225,000 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 2024, Black Hills's revenue was $2.13 billion, a decrease of -8.73% compared to the previous year's $2.33 billion. Earnings were $273.10 million, an increase of 4.16%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for BKH stock is "Hold." The 12-month stock price forecast is $62.33, which is an increase of 5.23% from the latest price.
News
2025 Dividend Kings: Strong Run Continues
The Dividend Kings are outperforming the S&P 500 in 2025 by 4.57%. Top performers include National Fuel & Gas (+30.21%), Consolidated Edison (+22.66%), and AbbVie (+20.40%). Promising Dividend Kings i...
Fear Is A Gift: Buy These 4.5%-Plus Safe And Steady Dividend Aristocrats Before The Rebound
High-yield dividend aristocrats offer stability and income. Due to their defensive sector composition and lower volatility, they outperform the S&P 500 during market downturns. Despite recession fears...
Black Hills Corp. Announces Upcoming Investor Meetings
RAPID CITY, S.D., Feb. 28, 2025 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced the company will meet with investors in March 2025 through participation in the following conferences:
Buy 3 "Safer" Dividend Kings Of 24 Out Of 52 For February
Seven of the top-ten Dividend Kings by yield offer annual dividends from a $1K investment exceeding their single share prices, making them attractive buys. Six Dividend Kings, including Altria Group a...
Black Hills: Ka-Ching, Ka-Ching, Another Dividend King
Black Hills Corporation is a Dividend King with a 55-year dividend growth streak, trading at an 18% discount to fair value. BKH's five-year capital spending plan increased to $4.7 billion, with a stro...
17 Upcoming Dividend Increases, Including 3 Kings
This week's dividend increases feature three Dividend Kings: Archer-Daniels-Midland, Consolidated Edison, and Black Hills Corporation, with streaks of 50, 51, and 55 years, respectively. Consistently ...
Black Hills Corporation (BKH) Q4 2024 Earnings Call Transcript
Black Hills Corporation (NYSE:BKH) Q4 2024 Results Conference Call February 6, 2025 11:00 AM ET Company Participants Salvador Diaz - Director, Investor Relations Linden Evans - President & Chief Exec...
Black Hills Corp. Reports 2024 Fourth-Quarter and Full-Year Results and Initiates 2025 Earnings Guidance
RAPID CITY, S.D., Feb. 05, 2025 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced financial results for the fourth quarter and full year ending Dec. 31, 2024. Operating income, net inc...
Black Hills Corp. Requests Rate Review and Rider Renewal in Kansas
RAPID CITY, S.D., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Kansas natural gas utility has filed a rate review application with the Kansas Corporation Co...
Black Hills Corp. Announces Increase in Quarterly Dividend
RAPID CITY, S.D., Jan. 24, 2025 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its board of directors approved a quarterly dividend of $0.676 per share, an increase of $0.026 ...
What Can The Dividend Kings Deliver In 2025?
The Dividend Kings underperformed the broad U.S. equity market in 2024, achieving a 5.53% total return compared to the S&P 500's 24.89%. 2024 returns for the Dividend Kings were primarily driven by ea...
Black Hills Corp. Energizes First Phase of Its Ready Wyoming Electric Transmission Expansion Project
RAPID CITY, S.D., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Wyoming electric utility has successfully placed in service the initial 12-mile segment and s...
Buy 3 'Safer' Dividend Kings Of 25 From 53 For January
“A Dividend King [is] a stock with 50 or more consecutive years of dividend increases.”—suredividend.com. 53 Divided Kings, screened as of January 10, 2025, represented all eleven Morningstar Sectors....
Black Hills Corporation: Double Digit Upside Potential
I maintain my buy rating on Black Hills Corporation due to its solid dividend coverage, discounted valuation, and strong earnings projections for Q4 2024. BKH stock's starting dividend yield is 4.6%, ...
Black Hills Corp. Schedules 2024 Fourth-Quarter and Full-Year Earnings Release and Conference Call
RAPID CITY, S.D., Jan. 09, 2025 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2024 fourth-quarter and full-year earnings after the market closes Wednesday, Feb. 5, 2025, and will...
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...