Black Hills Corporation (BKH)
| Market Cap | 5.79B +30.1% |
| Revenue (ttm) | 2.30B +2.5% |
| Net Income | 299.10M +5.2% |
| EPS | 3.98 +0.3% |
| Shares Out | 76.25M |
| PE Ratio | 19.05 |
| Forward PE | 16.87 |
| Dividend | $2.81 (3.71%) |
| Ex-Dividend Date | Aug 17, 2026 |
| Volume | 1,355,885 |
| Open | 77.58 |
| Previous Close | 76.43 |
| Day's Range | 75.33 - 78.00 |
| 52-Week Range | 61.10 - 78.69 |
| Beta | 0.66 |
| Analysts | Strong Buy |
| Price Target | 84.86 (+11.85%) |
| 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 $84.86, which is an increase of 11.85% from the latest price.
News
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.
Black Hills Corp. Executes Definitive Agreements to Serve Google's Planned Data Center in Cheyenne, Wyoming
RAPID CITY, S.D., Oct. 06, 2026 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced it has signed definitive agreements effective Sept. 30, 2026, with terms through 2048, to serve a plan...
Black Hills initiated with a Hold at Freedom Broker
Freedom Broker initiated coverage of Black Hills (BKH) with a Hold rating and $69 price target Black Hills combines a diversified regulated electric and natural gas utility portfolio across eight…
Black Hills price target raised to $97 from $87 at BofA
BofA raised the firm’s price target on Black Hills (BKH) to $97 from $87 and keeps a Buy rating on the shares. The firm’s investor trip to Wyoming “significantly increased”…
Black Hills Earnings Call Transcript: Q2 2026
Q2 2026 saw strong earnings growth, robust liquidity, and continued execution of a $1B capital plan. Large load demand, especially from data centers, is driving expansion, while the NorthWestern Energy merger awaits final approval in Montana.
Black Hills Earnings release: Q2 2026
Black Hills released its Q2 2026 earnings on August 6, 2026, summarizing the period's financial results.
Black Hills Slides: Q2 2026
Black Hills has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on August 6, 2026.
Black Hills Quarterly report: Q2 2026
Black Hills has published its Q2 2026 quarterly earnings report on August 6, 2026.
Black Hills reports Q2 adjusted EPS 54c, consensus 40c
Reports Q2 revenue $452.8M, consensus $490.89M.
Black Hills reaffirms FY26 adjusted EPS view $4.25-$4.45, consensus $4.34
16:44 EDT Black Hills (BKH) reaffirms FY26 adjusted EPS view $4.25-$4.45, consensus $4.34
Black Hills Corp. Reports 2026 Second-Quarter Results and Reaffirms 2026 Earnings Guidance
Reaffirms 2026 adjusted earnings guidance in the range of $4.25 to $4.45 per share, excluding merger-related costs Served new all-time peak load at Wyoming Electric driven primarily by growing large-l...
Black Hills Slides: Investor presentation
Black Hills has posted slides in relation to its latest quarterly earnings report, which was published on August 1, 2026.
Dakota Gold Announces Leadership Changes as It Advances Its Richmond Hill Gold Project
Lead, South Dakota--(Newsfile Corp. - July 29, 2026) - Dakota Gold Corp. (NYSE American: DC) ("Dakota Gold" or the "Company") is pleased to announce leadership changes designed to support the Company'...
Black Hills Corp. Announces Quarterly Dividend
RAPID CITY, S.D., July 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 July 2...
Black Hills price target lowered to $85 from $86 at BMO Capital
BMO Capital lowered the firm’s price target on Black Hills (BKH) to $85 from $86 and keeps an Outperform rating on the shares as part of a broader research note…
NorthWestern upgraded to Equal Weight from Underweight at Wells Fargo
Wells Fargo upgraded NorthWestern Energy (NWE) to Equal Weight from Underweight with a price target of $62, up from $54. The pending merger with Black Hills (BKH) has cleared every…