Black Hills Corporation (BKH)

NYSE: BKH · Real-Time Price · USD
72.75
+1.03 (1.44%)
Aug 6, 2026, 4:00 PM EDT - Market closed
Market Cap5.54B +29.1%
Revenue (ttm)2.30B +2.5%
Net Income299.10M +5.2%
EPS3.98 +0.3%
Shares Out 76.13M
PE Ratio18.27
Forward PE15.61
Dividend$2.81 (3.87%)
Ex-Dividend DateAug 17, 2026
Volume1,638,095
Open73.00
Previous Close71.72
Day's Range72.03 - 73.69
52-Week Range58.06 - 78.69
Beta0.69
AnalystsStrong Buy
Price Target85.00 (+16.84%)
Earnings DateAug 5, 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]

Sector Utilities
Founded 1941
Employees 2,795
Stock Exchange NYSE
Ticker Symbol BKH
Full Company Profile

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 Statements

Analyst Summary

According to 5 analysts, the average rating for BKH stock is "Strong Buy." The 12-month stock price target is $85.0, which is an increase of 16.84% from the latest price.

Price Target
$85.0
(16.84% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Black Hills Earnings Call Transcript: Q2 2026

Q2 2026 results showed strong earnings growth, robust large load demand from data centers, and continued progress on a major merger. Regulatory approvals and capital projects are advancing, supporting reaffirmed EPS guidance and a 56-year dividend growth streak.

20 hours ago - Transcripts

Black Hills Earnings release: Q2 2026

Black Hills released its Q2 2026 earnings on August 6, 2026, summarizing the period's financial results.

20 hours ago - Filings

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.

20 hours ago - Filings

Black Hills Quarterly report: Q2 2026

Black Hills has published its Q2 2026 quarterly earnings report on August 6, 2026.

20 hours ago - Filings

Black Hills reports Q2 adjusted EPS 54c, consensus 40c

Reports Q2 revenue $452.8M, consensus $490.89M.

1 day ago - TheFly

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

1 day ago - TheFly

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...

1 day ago - GlobeNewsWire

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'...

Other symbols: DC
8 days ago - Newsfile Corp

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...

9 days ago - GlobeNewsWire

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…

15 days ago - TheFly

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…

Other symbols: NWE
16 days ago - TheFly

Black Hills price target raised to $87 from $78 at BofA

BofA raised the firm’s price target on Black Hills (BKH) to $87 from $78 and keeps a Buy rating on the shares. The firm updated its model ahead of the…

4 weeks ago - TheFly

Black Hills Corp. Schedules 2026 Second-Quarter Earnings Release and Conference Call

RAPID CITY, S.D., July 08, 2026 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2026 second-quarter earnings after the market closes Wednesday, Aug. 5, 2026, and will host a live c...

4 weeks ago - GlobeNewsWire

Dakota Gold Completes Pre-Feasibility Drilling and Releases Further Assay Results from the Richmond Hill Gold Project

Lead, South Dakota--(Newsfile Corp. - July 6, 2026) - Dakota Gold Corp. (NYSE American: DC) ("Dakota Gold" or the "Company") is pleased to report additional assay results from its 2026 Drill Campaign ...

Other symbols: DC
4 weeks ago - Newsfile Corp

Black Hills Corp. Releases 2025 Corporate Sustainability Report Highlighting Continued Progress on Goals and Customer-focused Solutions

RAPID CITY, S.D., June 24, 2026 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced the release of its 2025 Corporate Sustainability Report, highlighting continued progress toward emissi...

6 weeks ago - GlobeNewsWire

Black Hills requests rate review in Colorado

Black Hills (BKH) Corp. announced that its Colorado electric utility has filed a rate review application with the Colorado Public Utilities Commission requesting recovery of the necessary capital infr...

7 weeks ago - TheFly

Black Hills Corp. Requests Rate Review in Colorado

RAPID CITY, S.D., June 12, 2026 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Colorado electric utility has filed a rate review application with the Colorado Public Utilit...

7 weeks ago - GlobeNewsWire

Black Hills upgraded to Buy from Neutral at BofA

BofA upgraded Black Hills (BKH) to Buy from Neutral with a price target of $78, up from $76. The firm expects the pending all-stock merger with NorthWestern Energy (NWE) to…

Other symbols: NWE
2 months ago - TheFly

Black Hills provides update on proposed 1.8-gigawatt data center project

Black Hills (BKH) provided an update on development activity associated with a proposed 1.8-gigawatt data center project in Cheyenne, Wyoming. The company is continuing to advance the project and is…

2 months ago - TheFly

Black Hills Corp. Provides an Update on 1.8-Gigawatt Project in Cheyenne

Continues to advance the project and is working directly with the hyperscaler customer Continues to advance the project and is working directly with the hyperscaler customer

2 months ago - GlobeNewsWire

Black Hills files automatic mixed securities shelf

07:12 EDT Black Hills (BKH) files automatic mixed securities shelf

2 months ago - TheFly

Black Hills Earnings Call Transcript: Q1 2026

Q1 2026 results met expectations despite weather-driven demand declines, with adjusted EPS of $1.79 and reaffirmed full-year guidance. Strategic progress included advancing large load opportunities, regulatory filings, and the NorthWestern merger, while maintaining strong liquidity and credit metrics.

3 months ago - Transcripts

Black Hills Earnings release: Q1 2026

Black Hills released its Q1 2026 earnings on May 7, 2026, summarizing the period's financial results.

3 months ago - Filings

Black Hills Slides: Q1 2026

Black Hills has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 7, 2026.

3 months ago - Filings

Black Hills Quarterly report: Q1 2026

Black Hills has published its Q1 2026 quarterly earnings report on May 7, 2026.

3 months ago - Filings