Black Hills Corporation (BKH)
NYSE: BKH · Real-Time Price · USD
72.80
-0.62 (-0.84%)
Aug 28, 2026, 4:00 PM EDT - Market closed

Black Hills Statistics

Total Valuation

Black Hills has a market cap or net worth of $5.55 billion. The enterprise value is $9.97 billion.

Market Cap5.55B
Enterprise Value 9.97B

Important Dates

The last earnings date was Wednesday, August 5, 2026, after market close.

Earnings Date Aug 5, 2026
Ex-Dividend Date Aug 17, 2026

Share Statistics

Black Hills has 76.25 million shares outstanding. The number of shares has increased by 4.89% in one year.

Current Share Class 76.25M
Shares Outstanding 76.25M
Shares Change (YoY) +4.89%
Shares Change (QoQ) +0.66%
Owned by Insiders (%) 0.44%
Owned by Institutions (%) 104.26%
Float 75.88M

Valuation Ratios

The trailing PE ratio is 18.28 and the forward PE ratio is 15.79. Black Hills's PEG ratio is 2.39.

PE Ratio 18.28
Forward PE 15.79
PS Ratio 2.41
Forward PS n/a
PB Ratio 1.41
P/TBV Ratio 2.10
P/FCF Ratio n/a
P/OCF Ratio 8.84
PEG Ratio 2.39
Financial Ratio History

Enterprise Valuation

EV / Earnings 33.35
EV / Sales 4.34
EV / EBITDA 11.88
EV / EBIT 18.32
EV / FCF n/a

Financial Position

The company has a current ratio of 0.52, with a Debt / Equity ratio of 1.12.

Current Ratio 0.52
Quick Ratio 0.27
Debt / Equity 1.12
Debt / EBITDA 5.35
Debt / FCF n/a
Interest Coverage 2.74

Financial Efficiency

Return on equity (ROE) is 7.96% and return on invested capital (ROIC) is 4.10%.

Return on Equity (ROE) 7.96%
Return on Assets (ROA) 3.22%
Return on Invested Capital (ROIC) 4.10%
Return on Capital Employed (ROCE) 5.66%
Weighted Average Cost of Capital (WACC) 6.19%
Revenue Per Employee $822,648
Profits Per Employee $107,013
Employee Count2,795
Asset Turnover 0.22
Inventory Turnover 9.15

Taxes

In the past 12 months, Black Hills has paid $44.00 million in taxes.

Income Tax 44.00M
Effective Tax Rate 12.50%

Stock Price Statistics

The stock price has increased by +20.69% in the last 52 weeks. The beta is 0.69, so Black Hills's price volatility has been lower than the market average.

Beta (5Y) 0.69
52-Week Price Change +20.69%
50-Day Moving Average 73.70
200-Day Moving Average 72.60
Relative Strength Index (RSI) 47.39
Average Volume (20 Days) 798,775

Short Selling Information

The latest short interest is 9.49 million, so 12.45% of the outstanding shares have been sold short.

Short Interest 9.49M
Short Previous Month 9.47M
Short % of Shares Out 12.45%
Short % of Float 12.51%
Short Ratio (days to cover) 12.67

Income Statement

In the last 12 months, Black Hills had revenue of $2.30 billion and earned $299.10 million in profits. Earnings per share was $3.98.

Revenue2.30B
Gross Profit 913.20M
Operating Income 544.30M
Pretax Income 352.10M
Net Income 299.10M
EBITDA 839.20M
EBIT 544.30M
Earnings Per Share (EPS) $3.98
Full Income Statement

Balance Sheet

The company has $71.50 million in cash and $4.49 billion in debt, with a net cash position of -$4.42 billion or -$58.00 per share.

Cash & Cash Equivalents 71.50M
Total Debt 4.49B
Net Cash -4.42B
Net Cash Per Share -$58.00
Equity (Book Value) 4.02B
Book Value Per Share 51.71
Working Capital -680.10M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $628.30 million and capital expenditures -$933.50 million, giving a free cash flow of -$305.20 million.

Operating Cash Flow 628.30M
Capital Expenditures -933.50M
Depreciation & Amortization 294.90M
Net Borrowing 116.30M
Free Cash Flow -305.20M
FCF Per Share -$4.00
Full Cash Flow Statement

Margins

Gross margin is 39.72%, with operating and profit margins of 23.67% and 13.01%.

Gross Margin 39.72%
Operating Margin 23.67%
Pretax Margin 15.31%
Profit Margin 13.01%
EBITDA Margin 36.50%
EBIT Margin 23.67%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $2.81, which amounts to a dividend yield of 3.86%.

Dividend Per Share $2.81
Dividend Yield 3.86%
Dividend Growth (YoY) 4.00%
Years of Dividend Growth 55
Payout Ratio 70.61%
Buyback Yield -4.89%
Shareholder Yield -1.03%
Earnings Yield 5.39%
FCF Yield -5.50%
Dividend Details

Analyst Forecast

The average price target for Black Hills is $84.80, which is 16.48% higher than the current price. The consensus rating is "Strong Buy".

Price Target $84.80
Price Target Difference 16.48%
Analyst Consensus Strong Buy
Analyst Count 5
Revenue Growth Forecast (3Y) 15.89%
EPS Growth Forecast (3Y) 6.54%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on March 11, 1998. It was a forward split with a ratio of 1.5:1.

Last Split Date Mar 11, 1998
Split Type Forward
Split Ratio 1.5:1

Scores

Altman Z-Score n/a
Piotroski F-Score 4