Black Hills Corporation (BKH)
| Market Cap | 5.72B +31.9% |
| Revenue (ttm) | 2.29B +3.6% |
| Net Income | 288.30M +3.1% |
| EPS | 3.88 -1.8% |
| Shares Out | 76.05M |
| PE Ratio | 19.38 |
| Forward PE | 16.70 |
| Dividend | $2.81 (3.74%) |
| Ex-Dividend Date | May 15, 2026 |
| Volume | 763,398 |
| Open | 75.50 |
| Previous Close | 75.22 |
| Day's Range | 74.90 - 75.90 |
| 52-Week Range | 55.49 - 78.69 |
| Beta | 0.73 |
| Analysts | Buy |
| Price Target | 77.80 (+3.42%) |
| Earnings Date | May 6, 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 5 analysts, the average rating for BKH stock is "Buy." The 12-month stock price target is $77.8, which is an increase of 3.42% from the latest price.
News
Black Hills Earnings Call Transcript: Q1 2026
Q1 2026 results met expectations despite weather impacts, with adjusted EPS of $1.79 and reaffirmed guidance. Large load growth, especially from data centers, and regulatory progress support a $4.7B capital plan and merger advancement.
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
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. ...
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...
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.
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...
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
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.
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
Black Hills jumps 5% after Microsoft utility partnership in Wyoming
Black Hills (BKH) shares are up $3.84 to $76.01 in afternoon trading.
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...
Black Hills price target raised to $76 from $72 at BofA
BofA analyst Ross Fowler raised the firm’s price target on Black Hills (BKH) to $76 from $72 and keeps a Neutral rating on the shares. The firm maintains its FY26,
Black Hills, NorthWestern Energy shareholders approve merger proposals
Black Hills Corp. (BKH) and NorthWestern Energy (NWE) announced that shareholders of each company voted to approve the proposed all-stock merger and other related shareholder proposals at their Specia...
Black Hills Corp. and NorthWestern Energy Shareholders Approve Merger Proposals
RAPID CITY, S.D. and BUTTE, Mont. and SIOUX FALLS, S.D., April 02, 2026 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) and NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (Nasdaq: NWE) an...
Black Hills Transcript: AGM 2026
Shareholders approved all six proposals, including a major merger, increased authorized shares and debt, and a corporate name change. The meeting confirmed a quorum and followed strict governance protocols. Final voting results will be filed with the SEC.
Black Hills initiated with a Buy at Ladenburg
Ladenburg initiated coverage of Black Hills (BKH) with a Buy rating and $77 price target The integrated electric and natural gas utility is transitioning into a “critical infrastructure provider for
Black Hills upgraded to Buy from Hold at Siebert Williams
Siebert Williams analyst Christopher Ellinghaus upgraded Black Hills (BKH) to Buy from Hold with an $82 price target
Dakota Gold Announces Appointment of Brian G. Iverson to Board of Directors
Lead, South Dakota--(Newsfile Corp. - February 27, 2026) - Dakota Gold Corp. (NYSE American: DC) ("Dakota Gold" or the "Company") is pleased to announce the appointment of Brian G. Iverson to its Boar...
Black Hills requests rate review in South Dakota
Black Hills (BKH) announced that its electric utility has filed a rate review application with the South Dakota Public Utilities Commission requesting recovery of the necessary capital infrastructure ...
Black Hills Corp. Requests Rate Review in South Dakota
RAPID CITY, S.D., Feb. 19, 2026 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its electric utility has filed a rate review application with the South Dakota Public Utilities C...
Black Hills price target raised to $84 from $82 at BMO Capital
BMO Capital raised the firm’s price target on Black Hills (BKH) to $84 from $82 and keeps an Outperform rating on the shares. The firm has come away from the
Black Hills Earnings Call Transcript: Q4 2025
Achieved 5% adjusted EPS growth in 2025, driven by new rates, customer growth, and data center demand. Initiated 2026 guidance for 6% EPS growth, advanced a $4.7B capital plan, and progressed a strategic merger with NorthWestern Energy.
Black Hills sees FY26 adjusted EPS $4.25-$4.45, consensus $4.34
Sees FY26 effective tax rate 14%. “We expect to deliver in the upper half of our long-term 4% to 6% EPS growth target off the 2023 guidance midpoint of $3.75.
Black Hills reports Q4 adjusted EPS $1.41, consensus $1.45
Reports Q4 revenue $635.5M vs. $597.1M last year. “We delivered another solid year, achieving the midpoint of our earnings guidance and upper half of our long-term growth target,” said Linn