Black Hills Corporation (BKH)
| Market Cap | 5.37B +22.6% |
| Revenue (ttm) | 2.30B +2.5% |
| Net Income | 299.10M +5.2% |
| EPS | 3.98 +0.3% |
| Shares Out | 76.25M |
| PE Ratio | 17.70 |
| Forward PE | 15.38 |
| Dividend | $2.81 (3.99%) |
| Ex-Dividend Date | Aug 17, 2026 |
| Volume | 1,073,783 |
| Open | 70.96 |
| Previous Close | 70.96 |
| Day's Range | 70.17 - 71.35 |
| 52-Week Range | 59.91 - 78.69 |
| Beta | 0.66 |
| Analysts | Strong Buy |
| Price Target | 86.00 (+22.02%) |
| Est. Earnings | Nov 4, 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 "Strong Buy." The 12-month stock price target is $86.0, which is an increase of 22.02% from the latest price.
News
Black Hills initiated with a Hold at Freedom Broker
Freedom Broker initiated coverage of Black Hills (BKH) with a Hold rating and $69 price target Black Hills combines a diversified regulated electric and natural gas utility portfolio across eight…
Black Hills price target raised to $97 from $87 at BofA
BofA raised the firm’s price target on Black Hills (BKH) to $97 from $87 and keeps a Buy rating on the shares. The firm’s investor trip to Wyoming “significantly increased”…
Black Hills Earnings Call Transcript: Q2 2026
Q2 2026 saw strong earnings growth, robust liquidity, and continued execution of a $1B capital plan. Large load demand, especially from data centers, is driving expansion, while the NorthWestern Energy merger awaits final approval in Montana.
Black Hills Earnings release: Q2 2026
Black Hills released its Q2 2026 earnings on August 6, 2026, summarizing the period's financial results.
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.
Black Hills Quarterly report: Q2 2026
Black Hills has published its Q2 2026 quarterly earnings report on August 6, 2026.
Black Hills reports Q2 adjusted EPS 54c, consensus 40c
Reports Q2 revenue $452.8M, consensus $490.89M.
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
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...
Black Hills Slides: Investor presentation
Black Hills has posted slides in relation to its latest quarterly earnings report, which was published on August 1, 2026.
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'...
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...
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…
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…
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…
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...
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 ...
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...
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...
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...
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…
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…
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
Black Hills files automatic mixed securities shelf
07:12 EDT Black Hills (BKH) files automatic mixed securities shelf
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.