Black Hills Corporation (BKH)
| Market Cap | 6.63B +21.8% |
| Revenue (ttm) | 2.34B +2.8% |
| Net Income | 315.20M +10.7% |
| EPS | 4.14 +4.9% |
| Shares Out | 76.52M |
| PE Ratio | 20.94 |
| Forward PE | 18.89 |
| Dividend | $2.81 (3.24%) |
| Ex-Dividend Date | Nov 17, 2026 |
| Volume | 1,457,965 |
| Open | 87.83 |
| Previous Close | 87.53 |
| Day's Range | 86.50 - 88.03 |
| 52-Week Range | 67.25 - 88.37 |
| Beta | 0.62 |
| Analysts | Strong Buy |
| Price Target | 90.64 (+4.54%) |
| Earnings Date | Nov 4, 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 7 analysts, the average rating for BKH stock is "Strong Buy." The 12-month stock price target is $90.64, which is an increase of 4.54% from the latest price.
News
Chime Financial Set to Join S&P MidCap 400
NEW YORK, Nov. 13, 2026 /PRNewswire/ -- Chime Financial Inc. (NASD: CHYM) will replace NorthWestern Energy Group Inc. (NASD: NWE) in the S&P MidCap 400 effective prior to the opening of trading on Wed...
Chime to replace NorthWestern Energy in S&P 400 at open on 11/18
Black Hills (BKH) is acquiring NorthWestern Energy Group (NWE) in a deal expected to be completed on November 13. Post-merger, the combined company will remain in the S&P MidCap 400…
Black Hills price target raised to $88 from $78 at Freedom Broker
Freedom Broker raised the firm’s price target on Black Hills (BKH) to $88 from $78 and keeps a Hold rating on the shares following a “solid” Q3 report. Published first…
Black Hills price target raised to $95 from $84 at Scotiabank
Scotiabank analyst Andrew Weisel raised the firm’s price target on Black Hills (BKH) to $95 from $84 and keeps an Outperform rating on the shares. The firm believes Black Hills…
Black Hills price target raised to $95 from $84 at Scotiabank
Scotiabank analyst Andrew Weisel raised the firm’s price target on Black Hills (BKH) to $95 from $84 and keeps an Outperform rating on the shares.
Black Hills Earnings Call Transcript: Q3 2026
Adjusted EPS was $0.57 in Q3 and $2.89 through September, and 2026 guidance was reaffirmed. Google agreements add a major Wyoming growth opportunity, with projected 2030 net income of $150 million and $2.4 billion of unlevered free cash flow through 2048.
Black Hills Earnings release: Q3 2026
Black Hills released its Q3 2026 earnings on November 5, 2026, summarizing the period's financial results.
Black Hills Slides: Q3 2026
Black Hills has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on November 5, 2026.
Black Hills Quarterly report: Q3 2026
Black Hills has published its Q3 2026 quarterly earnings report on November 5, 2026.
Black Hills downgraded to Hold from Buy at Freedom Broker
Freedom Broker downgraded Black Hills (BKH) to Hold from Buy with an unchanged price target of $78. Shares have gained 12.6% since the Google (GOOGL) Cheyenne data center announcement, notes…
Black Hills reports Q3 adjusted EPS 57c, consensus 47c
Reports Q3 revenue $466.1M, consensus $481.81M. “We reported excellent third-quarter results as our team achieved significant progress on our strategic initiatives,” said Linn Evans, president and CEO...
Black Hills backs FY26 adjusted EPS view $4.25-$4.45, consensus $4.35
The company said, “This guidance excludes the expected merger with NorthWestern Energy, which is expected to close by year-end 2026.”
Black Hills Corp. Reports 2026 Third-Quarter Results and Reaffirms 2026 Earnings Guidance
RAPID CITY, S.D., Nov. 04, 2026 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced financial results for the third quarter ended Sept. 30, 2026. Net income available for common stock an...
Black Hills Corp. Announces Quarterly Dividend
RAPID CITY, S.D., Oct. 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 Oct. 2...
Subject to Receipt of Satisfactory Final Regulatory Approval and Completion of Proposed Merger, Black Hills Corp. to be Renamed Bright Horizon Energy Corporation with Ticker Symbol “HZN”
RAPID CITY, S.D. and BUTTE, Mont. and SIOUX FALLS, S.D., Oct. 22, 2026 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) and NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (Nasdaq: NWE) tod...
NorthWestern Energy initiated with a Buy at Jefferies
Jefferies analyst Julien Dumoulin-Smith initiated coverage of NorthWestern Energy (NWE) with a Buy rating and $85 price target. The Black Hills (BKH) merger adds cash flow, balance sheet capacity and…
Black Hills initiated with a Buy at Jefferies
Jefferies analyst Julien Dumoulin-Smith initiated coverage of Black Hills (BKH) with a Buy rating and $87 price target. The firm estimates the Google (GOOGL) project to drive about 14% of…
Black Hills Corp. Gas Utility Receives Approval for New Rates in Arkansas
RAPID CITY, S.D., Oct. 13, 2026 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its natural gas utility subsidiary in Arkansas received approval from the Arkansas Public Service...
Black Hills Corp. Schedules 2026 Third-Quarter Earnings Release and Conference Call
RAPID CITY, S.D., Oct. 08, 2026 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2026 third-quarter earnings after the market closes Wednesday, Nov. 4, 2026, and will host a live co...
Black Hills price target raised to $86 from $83 at BMO Capital
BMO Capital raised the firm’s price target on Black Hills (BKH) to $86 from $83 and keeps an Outperform rating on the shares. The company has announced details of the…
Why Is Black Hills Stock (BKH) Up More Than 8% Today?
Black Hills stock rallied over 8% today on news of a deal with Google to power a data center.
Black Hills upgraded to Buy from Hold at Freedom Broker
Freedom Broker upgraded Black Hills (BKH) to Buy from Hold with a price target of $78, up from $69, after the company signed agreements to serve Google’s planned data center…
Black Hills plans $1.8 billion investment to power Google's data center
Black Hills Corp said on Tuesday it signed agreements to power a proposed Google data center in Cheyenne, Wyoming, and plans to spend $1.8 billion from 2027 to 2029 on new generation capacity, as te...
Black Hills to serve planned Google data center in Wyoming
Black Hills (BKH) announced it has signed definitive agreements effective Sept. 30, with terms through 2048, to serve a planned Google (GOOG) data center to be constructed in Cheyenne, Wyoming.