Black Hills Corporation (BKH)

NYSE: BKH · IEX Real-Time Price · USD
71.86
-0.50 (-0.69%)
Jul 7, 2022 12:14 PM EDT - Market open
-0.69%
Market Cap 4.66B
Revenue (ttm) 2.14B
Net Income (ttm) 257.95M
Shares Out 64.83M
EPS (ttm) 4.02
PE Ratio 17.88
Forward PE 18.52
Dividend $2.35 (3.27%)
Ex-Dividend Date May 17, 2022
Volume 38,520
Open 72.33
Previous Close 72.36
Day's Range 71.81 - 72.65
52-Week Range 61.95 - 80.95
Beta 0.47
Analysts Buy
Price Target 83.35 (+16.0%)
Earnings Date Aug 2, 2022

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 218,000 electric utility customers in Colorado, Montana, South Dakota, and Wyoming; and owns and operates 1,481.5 megawatts of generation capacity and 8,892 miles of electric transmission and distribution lines. The Gas Utilities segment distributes natura... [Read more...]

Industry Multi-Utilities
Founded 1941
CEO Linden Evans
Employees 2,884
Stock Exchange NYSE
Ticker Symbol BKH
Full Company Profile

Financial Performance

In 2021, Black Hills's revenue was $1.95 billion, an increase of 14.86% compared to the previous year's $1.70 billion. Earnings were $236.74 million, an increase of 4.01%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for BKH stock is "Buy." The 12-month stock price forecast is 83.35, which is an increase of 15.99% from the latest price.

Price Target
$83.35
(15.99% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Black Hills Corp. Schedules 2022 Second Quarter Earnings Release and Conference Call

RAPID CITY, S.D., July 05, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2022 second quarter earnings after the market closes Wednesday, Aug. 3, 2022, and will host a live con...

Why Black Hills (BKH) is a Great Dividend Stock Right Now

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Black Hills (BKH) have what it takes?

Black Hills Corp. Electric Utility in Wyoming Completes Agreement for First Customer under Blockchain Tariff

RAPID CITY, S.D., June 21, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Wyoming electric utility, Cheyenne Light, Fuel and Power Company, doing business as Black Hills...

Why Black Hills (BKH) is a Top Dividend Stock for Your Portfolio

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Black Hills (BKH) have what it takes?

Black Hills Corp. Natural Gas Utility Proposes Voluntary RNG and Carbon Offset Program for Customers in Colorado

RAPID CITY, S.D., June 06, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced its Colorado natural gas utility subsidiary, doing business as Black Hills Energy, submitted a proposal ...

Black Hills Corp. Electric Utility Requests Rate Review in Wyoming

RAPID CITY, S.D., June 01, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Wyoming electric utility, Cheyenne Light, Fuel and Power Company, doing business as Black Hills...

Black Hills Corp. Announces Colorado Electric's Plan to Achieve 90% Reduction in Greenhouse Gas Emissions by 2030

RAPID CITY, S.D., May 31, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced plans for its Colorado Electric utility subsidiary, doing business as Black Hills Energy, to achieve a 90...

Black Hills (BKH) is a Top Dividend Stock Right Now: Should You Buy?

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Other symbols: HRLSYY

Black Hills Corp. Announces Upcoming Investor Meetings at AGA Financial Forum

RAPID CITY, S.D., May 13, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that members of its senior leadership team are scheduled to meet with investors during the American Gas A...

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

RAPID CITY, S.D., May 04, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced financial results for the first quarter of 2022. Net income for the first quarter of 2022 compared to the...

Black Hills Corp. Announces Quarterly Dividend

First quarter 2022 earnings call and webcast are Thursday, May 5 First quarter 2022 earnings call and webcast are Thursday, May 5

Black Hills Corp. Announces Details of its Annual Meeting of Shareholders and Provides Access to a Live Webcast

RAPID CITY, S.D., April 20, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE:BKH) will hold its Annual Meeting of Shareholders on Tuesday, April 26, 2022, at 9:30 a.m. MDT at 7001 Mount Rushmore Road, R...

Black Hills Corp. Schedules 2022 First Quarter Earnings Release and Conference Call

RAPID CITY, S.D., April 13, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2022 first quarter earnings after the market closes Wednesday, May 4, 2022, and will host a live conf...

Black Hills Corp. Announces Upcoming Investor Meetings and Reaffirms Guidance

RAPID CITY, S.D., Feb. 22, 2022 (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 Stanle...

Black Hills Corp. Wyoming Electric Utility Requests Approval for Ready Wyoming Transmission Expansion Project

RAPID CITY, S.D., Feb. 15, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Wyoming electric utility subsidiary, Cheyenne Light, Fuel and Power Company, doing business as ...

Black Hills Corp. Reports 2021 Fourth Quarter and Full Year Results and Reaffirms 2022 Guidance

RAPID CITY, S.D., Feb. 09, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced financial results for the fourth quarter and full year ended Dec. 31, 2021. Net income and net income, a...

Black Hills Corp. Schedules 2021 Fourth Quarter and Full Year Earnings Release and Conference Call

RAPID CITY, S.D., Jan. 14, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2021 fourth quarter and full year earnings after the market closes Wednesday, Feb. 9, 2022, and will h...

Black Hills Corp. Natural Gas Utilities Receive Approvals for Three 2021 Rate Review Settlements

RAPID CITY, S.D., Jan. 05, 2022 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that in December its natural gas utility subsidiaries in Colorado, Iowa and Kansas, doing business as Bl...

Black Hills' (BKH) Gas Unit Files for Rate Hike in Arkansas

Black Hills Corp.'s (BKH) unit Black Hills Energy files for a rate review requesting $21.6 million in annual revenues to recoup its investments made in infrastructure.

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

FAYETTEVILLE, Ark., Dec. 13, 2021 (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...

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Black Hills Corp. Provides Regulatory Update Prior to Investor Meetings

RAPID CITY, S.D., Dec. 06, 2021 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) is providing a regulatory update for its Winter Storm Uri cost recovery applications and the finalization of three rate ...

Black Hills Corp. Provides Update for At-the-Market Equity Offering Program

RAPID CITY, S.D., Nov. 18, 2021 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today is announcing it has satisfied its planned equity capital raising under its “at-the-market” equity offering progra...

Black Hills Corp. Kansas Gas Utility Reaches Settlement Agreement for Winter Storm Uri Cost Recovery Plan

WICHITA, Kan., Nov. 09, 2021 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Kansas natural gas utility, Black Hills / Kansas Gas Utility Company, LLC, doing business as Black...