Black Hills Corporation (BKH)

NYSE: BKH · Real-Time Price · USD
59.58
+0.47 (0.80%)
Jan 17, 2025, 4:00 PM EST - Market closed
0.80%
Market Cap 4.26B
Revenue (ttm) 2.12B
Net Income (ttm) 254.70M
Shares Out 71.57M
EPS (ttm) 3.68
PE Ratio 16.18
Forward PE 14.39
Dividend $2.60 (4.36%)
Ex-Dividend Date Nov 18, 2024
Volume 274,749
Open 59.08
Previous Close 59.11
Day's Range 59.08 - 59.78
52-Week Range 49.34 - 65.59
Beta 0.71
Analysts Hold
Price Target 61.25 (+2.8%)
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]

Sector Utilities
Founded 1941
Employees 2,874
Stock Exchange NYSE
Ticker Symbol BKH
Full Company Profile

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 Statements

Analyst 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 2.80% from the latest price.

Price Target
$61.25
(2.80% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

4 days ago - GlobeNewsWire

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....

Other symbols: ADMAWRCWTEDFRTFTSHRL
4 days ago - Seeking Alpha

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%, ...

4 days ago - Seeking Alpha

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...

10 days ago - GlobeNewsWire

My Top 10 Utilities For 2025

Long-term rates have risen, creating potential buying opportunities for utilities like AEP, AWK, AWR, BKH, ES, EVRG, SJW, WEC, WTRG, and XEL. These utilities have strong fundamentals, attractive valua...

Other symbols: AEPAWKAWRESEVRGSJWWEC
17 days ago - Seeking Alpha

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...

Other symbols: ABBVADMCWTEDFTSHRLKMB
5 weeks ago - Seeking Alpha

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 ...

6 weeks ago - GlobeNewsWire

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...

2 months ago - Business Wire

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...

2 months ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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 ...

2 months ago - Seeking Alpha

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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.

3 months ago - Business Wire

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 ...

3 months ago - Newsfile Corp

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...

Other symbols: ADMCWTEDFTSGPCHRLKO
3 months ago - Seeking Alpha

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...

3 months ago - GlobeNewsWire

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...

3 months ago - Seeking Alpha

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...

3 months ago - GlobeNewsWire

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 ...

4 months ago - Seeking Alpha

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.

Other symbols: EVRG
4 months ago - Benzinga

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...

Other symbols: ADMCWTEMRFTSGPCHRLKO
4 months ago - Seeking Alpha

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...

5 months ago - GlobeNewsWire

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...

Other symbols: ADMCWTFRTFTSGPCHRLKO
5 months ago - Seeking Alpha