Black Hills Corporation (BKH)

NYSE: BKH · IEX Real-Time Price · USD
53.43
-0.04 (-0.07%)
Dec 5, 2023, 4:00 PM EST - Market closed
-0.07%
Market Cap 3.64B
Revenue (ttm) 2.53B
Net Income (ttm) 254.99M
Shares Out 67.99M
EPS (ttm) 3.86
PE Ratio 13.84
Forward PE 13.50
Dividend $2.50 (4.68%)
Ex-Dividend Date Nov 16, 2023
Volume 409,593
Open 53.42
Previous Close 53.47
Day's Range 52.68 - 53.50
52-Week Range 46.43 - 73.98
Beta 0.65
Analysts Hold
Price Target 59.83 (+11.98%)
Earnings Date Nov 1, 2023

About BKH

Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. It operates in two segments, Electric Utilities and Gas Utilities. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 220,000 electric utility customers in Colorado, Montana, South Dakota, and Wyoming; and owns and operates 1,482 megawatts of generation capacity and 9,024 miles of electric transmission and distribution lines. The Gas Utilities segment distributes natural ... [Read more]

Sector Utilities
Founded 1941
Employees 2,982
Stock Exchange NYSE
Ticker Symbol BKH
Full Company Profile

Financial Performance

In 2022, Black Hills's revenue was $2.55 billion, an increase of 30.92% compared to the previous year's $1.95 billion. Earnings were $258.39 million, an increase of 9.14%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for BKH stock is "Hold." The 12-month stock price forecast is $59.83, which is an increase of 11.98% from the latest price.

Price Target
$59.83
(11.98% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Black Hills Corp. Natural Gas Utility Requests Rate Review in Arkansas

FAYETTEVILLE, Ark., Dec. 04, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Arkansas natural gas utility, Black Hills Energy Arkansas, Inc., doing business as Black Hi...

1 day ago - GlobeNewsWire

Black Hills Corp. Reports 2023 Third-Quarter Results and Reaffirms 2023 Earnings Guidance

RAPID CITY, S.D., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced financial results for the third quarter of 2023. Net income available for common stock and earnings pe...

4 weeks ago - GlobeNewsWire

October is Fire Prevention Month - Black Hills Energy Highlights Wildfire Mitigation Programs

RAPID CITY, S.D., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Safety is a fundamental component of Black Hills Energy's mission of improving life with energy. In recognition of “Fire Prevention Month” this Octo...

5 weeks ago - GlobeNewsWire

Black Hills Corp. Natural Gas Utility Requests Approval of Settlement Agreement for Rate Review in Wyoming

CHEYENNE, Wyo., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Wyoming natural gas utility, Black Hills Wyoming Gas, LLC, doing business as Black Hills Energy...

6 weeks ago - GlobeNewsWire

Black Hills Corp. Announces Quarterly Dividend

Third quarter 2023 earnings call and webcast are Thursday, Nov. 2 RAPID CITY, S.D., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its board of directors declared...

6 weeks ago - GlobeNewsWire

Black Hills Corp. Schedules 2023 Third Quarter Earnings Release and Conference Call

RAPID CITY, S.D., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2023 third quarter earnings after the market closes Wednesday, Nov. 1, 2023, and will host a live co...

2 months ago - GlobeNewsWire

Top 4 Utilities Stocks You'll Regret Missing This Quarter

The most oversold stocks in the utilities sector presents an opportunity to buy into undervalued companies.

Other symbols: ATOMSEXUTL
2 months ago - Benzinga

Black Hills Corp. Announces Pricing of $450 Million Debt Offering

RAPID CITY, S.D., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced the pricing of a registered public debt offering of $450 million aggregate principal amount of 6.15% ...

3 months ago - GlobeNewsWire

Black Hills Corp. Reports 2023 Second-Quarter Results and Reaffirms 2023 Earnings Guidance

RAPID CITY, S.D., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced financial results for the second quarter of 2023. Net income available for common stock and earnings p...

4 months ago - GlobeNewsWire

Black Hills Corp. Natural Gas Intrastate Pipeline Company Receives Approval for New Rates in Colorado

DENVER, July 18, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Colorado intrastate natural gas pipeline, Rocky Mountain Natural Gas LLC, doing business as Black Hills...

5 months ago - GlobeNewsWire

Black Hills Corp. Highlights Progress Toward a Cleaner Energy Future in Newly Released Sustainability Report

RAPID CITY, S.D., July 11, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced the release of its 2022 Sustainability Report highlighting the company's environmental, social and gov...

5 months ago - GlobeNewsWire

Black Hills Corp. Schedules 2023 Second Quarter Earnings Release and Conference Call

RAPID CITY, S.D., July 05, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2023 second quarter earnings after the market closes Wednesday, Aug. 2, 2023, and will host a live c...

5 months ago - GlobeNewsWire

Black Hills Corp. Announces Key Executive Leadership Appointments

RAPID CITY, S.D., June 14, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced changes within the company's senior management team and appointed a new vice president and treasurer.

6 months ago - GlobeNewsWire

Black Hills Corp. Natural Gas Utility Requests Rate Review and Rider Renewal in Wyoming

CHEYENNE, Wyo., May 18, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Wyoming natural gas utility, Black Hills Wyoming Gas, LLC, doing business as Black Hills Energy,...

7 months ago - GlobeNewsWire

Black Hills Corp. Natural Gas Utility Requests Rate Review in Colorado

DENVER, May 09, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Colorado natural gas utility, Black Hills Colorado Gas, Inc., doing business as Black Hills Energy, file...

7 months ago - GlobeNewsWire

Black Hills Corp. Reports 2023 First-Quarter Results and Reaffirms 2023 Earnings Guidance

RAPID CITY, S.D., May 03, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced financial results for the first quarter of 2023. Net income available for common stock and earnings per...

7 months ago - GlobeNewsWire

Black Hills Corp. Schedules 2023 First Quarter Earnings Release and Conference Call

RAPID CITY, S.D., April 12, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2023 first quarter earnings after the market closes Wednesday, May 3, 2023, and will host a live co...

8 months ago - GlobeNewsWire

Black Hills Corp. Announces Pricing of $350 Million Debt Financing

RAPID CITY, S.D., March 02, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced the pricing of a registered public debt offering of $350 million aggregate principal amount of 5.95% ...

9 months ago - GlobeNewsWire

Black Hills Corp. Announces Upcoming Investor Meetings and Reaffirms Guidance

RAPID CITY, S.D., Feb. 23, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that members of its senior leadership team are scheduled to meet with investors during the Morgan Stan...

10 months ago - GlobeNewsWire

Black Hills Corp. Reports 2022 Fourth-Quarter and Full-Year Results and Revises 2023 Earnings Guidance

RAPID CITY, S.D, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced financial results for the fourth quarter and full year ended Dec. 31, 2022. Net income available for co...

10 months ago - GlobeNewsWire

Black Hills Corp. Electric Utility Receives Approval for New Rates in Wyoming

RAPID CITY, S.D., Jan. 27, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Wyoming electric utility, Cheyenne Light, Fuel and Power Company, doing business as Black Hil...

11 months ago - GlobeNewsWire

Black Hills Corp. Schedules 2022 Fourth Quarter and Full Year Earnings Release and Conference Call

RAPID CITY, S.D., Jan. 11, 2023 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2022 fourth quarter and full year earnings after the market closes Tuesday, Feb. 7, 2023, and will h...

11 months ago - GlobeNewsWire

Black Hills Corp. Completes Fuel Supply Contract for Wyodak Power Plant

RAPID CITY, S.D., Dec. 06, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced its subsidiary, Wyodak Resources Development Corp., completed a new contract to continue providing fue...

1 year ago - GlobeNewsWire

Black Hills Corp. Announces Appointment of Corporate Controller

RAPID CITY, S.D., Nov. 14, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced the appointment of Courtney Hebert to vice president-corporate controller and chief risk officer. Cour...

1 year ago - GlobeNewsWire

Black Hills Corp. Reports Third Quarter 2022 Results and Reaffirms Earnings Guidance

RAPID CITY, S.D., Nov. 02, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced financial results for the third quarter of 2022. Net income for the three and nine months ended Sept. ...

1 year ago - GlobeNewsWire