Black Hills Corporation (BKH)

NYSE: BKH · Real-Time Price · USD
74.61
-1.20 (-1.58%)
Jul 17, 2026, 4:00 PM EDT - Market closed
Market Cap5.68B +38.5%
Revenue (ttm)2.29B +3.6%
Net Income288.30M +3.1%
EPS3.88 -1.8%
Shares Out 76.13M
PE Ratio19.22
Forward PE16.20
Dividend$2.81 (3.71%)
Ex-Dividend DateMay 15, 2026
Volume892,777
Open76.52
Previous Close75.81
Day's Range74.42 - 76.74
52-Week Range55.79 - 78.69
Beta0.70
AnalystsStrong Buy
Price Target85.20 (+14.19%)
Earnings DateAug 5, 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]

Sector Utilities
Founded 1941
Employees 2,795
Stock Exchange NYSE
Ticker Symbol BKH
Full Company Profile

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 Statements

Analyst Summary

According to 5 analysts, the average rating for BKH stock is "Strong Buy." The 12-month stock price target is $85.2, which is an increase of 14.19% from the latest price.

Price Target
$85.2
(14.19% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Black Hills price target raised to $87 from $78 at BofA

BofA raised the firm’s price target on Black Hills (BKH) to $87 from $78 and keeps a Buy rating on the shares. The firm updated its model ahead of the…

7 days ago - TheFly

Black Hills Corp. Schedules 2026 Second-Quarter Earnings Release and Conference Call

RAPID CITY, S.D., July 08, 2026 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2026 second-quarter earnings after the market closes Wednesday, Aug. 5, 2026, and will host a live c...

9 days ago - GlobeNewsWire

Dakota Gold Completes Pre-Feasibility Drilling and Releases Further Assay Results from the Richmond Hill Gold Project

Lead, South Dakota--(Newsfile Corp. - July 6, 2026) - Dakota Gold Corp. (NYSE American: DC) ("Dakota Gold" or the "Company") is pleased to report additional assay results from its 2026 Drill Campaign ...

Other symbols: DC
11 days ago - Newsfile Corp

Black Hills Corp. Releases 2025 Corporate Sustainability Report Highlighting Continued Progress on Goals and Customer-focused Solutions

RAPID CITY, S.D., June 24, 2026 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced the release of its 2025 Corporate Sustainability Report, highlighting continued progress toward emissi...

23 days ago - GlobeNewsWire

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...

5 weeks ago - TheFly

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...

5 weeks ago - GlobeNewsWire

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…

Other symbols: NWE
5 weeks ago - TheFly

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…

5 weeks ago - TheFly

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

5 weeks ago - GlobeNewsWire

Black Hills files automatic mixed securities shelf

07:12 EDT Black Hills (BKH) files automatic mixed securities shelf

2 months ago - TheFly

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.

2 months ago - Transcripts

Black Hills Earnings release: Q1 2026

Black Hills released its Q1 2026 earnings on May 7, 2026, summarizing the period's financial results.

2 months ago - Filings

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.

2 months ago - Filings

Black Hills Quarterly report: Q1 2026

Black Hills has published its Q1 2026 quarterly earnings report on May 7, 2026.

2 months ago - Filings

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…

2 months ago - TheFly

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. ...

2 months ago - TheFly

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...

2 months ago - GlobeNewsWire

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.

2 months ago - Transcripts

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.

2 months ago - Filings

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...

2 months ago - GlobeNewsWire

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…

Other symbols: MSFT
3 months ago - TheFly

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.

Other symbols: MSFT
3 months ago - Barrons

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…

Other symbols: MSFT
3 months ago - TheFly

Black Hills jumps 5% after Microsoft utility partnership in Wyoming

Black Hills (BKH) shares are up $3.84 to $76.01 in afternoon trading.

3 months ago - TheFly

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...

3 months ago - GlobeNewsWire