Should I buy or sell Black Hills stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Black Hills in the last year. There are currently 1 sell rating and 4 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" BKH shares. View BKH analyst ratings or view top-rated stocks .

What is Black Hills' stock price target for 2024?

5 analysts have issued twelve-month price targets for Black Hills' stock. Their BKH share price targets range from $49.00 to $62.00. On average, they predict the company's stock price to reach $55.80 in the next year. This suggests a possible upside of 7.9% from the stock's current price. View analysts price targets for BKH or view top-rated stocks among Wall Street analysts .

How have BKH shares performed in 2024?

Black Hills' stock was trading at $53.95 at the beginning of the year. Since then, BKH shares have decreased by 4.2% and is now trading at $51.71. View the best growth stocks for 2024 here .

Are investors shorting Black Hills?

Black Hills saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 2,900,000 shares, a decline of 7.6% from the March 15th total of 3,140,000 shares. Based on an average daily trading volume, of 573,500 shares, the days-to-cover ratio is presently 5.1 days. View Black Hills' Short Interest .

When is Black Hills' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our BKH earnings forecast .

How can I listen to Black Hills' earnings call?

Black Hills will be holding an earnings conference call on Thursday, May 9th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link .

How were Black Hills' earnings last quarter?

Black Hills Co. (NYSE:BKH) posted its quarterly earnings results on Thursday, February, 8th. The utilities provider reported $1.17 EPS for the quarter, topping the consensus estimate of $1.06 by $0.11. The utilities provider had revenue of $591.70 million for the quarter, compared to the consensus estimate of $863.67 million. Black Hills had a net margin of 11.25% and a trailing twelve-month return on equity of 8.09%. During the same period last year, the business posted $1.11 EPS.

How often does Black Hills pay dividends? What is the dividend yield for Black Hills?

Black Hills announced a quarterly dividend on Friday, January 26th. Shareholders of record on Friday, February 16th will be given a dividend of $0.65 per share on Friday, March 1st. This represents a $2.60 dividend on an annualized basis and a yield of 5.03%. The ex-dividend date of this dividend is Thursday, February 15th. This is a positive change from the stock's previous quarterly dividend of $0.63. Read our dividend analysis for BKH .

Is Black Hills a good dividend stock?

Black Hills (NYSE:BKH) pays an annual dividend of $2.60 per share and currently has a dividend yield of 4.98%. BKH has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 66.33%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for BKH .

What ETFs hold Black Hills' stock?

ETFs with the largest weight of Black Hills (NYSE:BKH) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN) , Roundhill S&P Dividend Monarchs ETF (KNGS) , ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) , Trajan Wealth Income Opportunities ETF (TWIO) , ProShares Russell US Dividend Growers ETF (TMDV) , Invesco High Yield Equity Dividend Achievers ETF (PEY) , Nuveen Small Cap Select ETF (NSCS) and ProShares Russell 2000 Dividend Growers ETF (SMDV) .

What guidance has Black Hills issued on next quarter's earnings?

Black Hills issued an update on its FY 2024 earnings guidance on Thursday, March, 28th. The company provided earnings per share guidance of 3.800-4.000 for the period, compared to the consensus earnings per share estimate of 3.890. The company issued revenue guidance of -.

What is Linn Evans' approval rating as Black Hills' CEO?

9 employees have rated Black Hills Chief Executive Officer Linn Evans on Glassdoor.com . Linn Evans has an approval rating of 85% among the company's employees.

What other stocks do shareholders of Black Hills own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Black Hills investors own include Verizon Communications (VZ) , AT&T (T) , Johnson & Johnson (JNJ) , Exxon Mobil (XOM) , Altria Group (MO) , United Technologies (UTX) , Enterprise Products Partners (EPD) , Coca-Cola (KO) , Procter & Gamble (PG) and Bank of Hawaii (BOH) .

Who are Black Hills' major shareholders?

Black Hills' stock is owned by a number of institutional and retail investors. Top institutional investors include Hennessy Advisors Inc. (0.09%), Congress Asset Management Co. MA (0.08%), First PREMIER Bank (0.04%), AdvisorNet Financial Inc (0.03%), Miller Howard Investments Inc. NY (0.02%) and Martin Capital Partners LLC (0.02%). Insiders that own company stock include Rebecca B Roberts , Richard Kinzley , Stuart A Wevik and Stuart A Wevik . View institutional ownership trends .

How do I buy shares of Black Hills?

Shares of BKH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:BKH

Black Hills (BKH) Stock Price, News & Analysis

→ A new way to collect income from stocks (From DTI) (Ad)

Free BKH Stock Alerts

$51.71

+0.51 (+1.00%)

(As of 04/17/2024 ET)

Compare

Today's Range: $51.12
▼
$51.93
50-Day Range: $50.98
▼
$54.60
52-Week Range: $46.43
▼
$66.85

Volume: 429,916 shs
Average Volume: 454,085 shs
Market Capitalization: $3.53 billion

P/E Ratio: 13.19
Dividend Yield: 5.03%
Price Target: $55.80

Get Black Hills alerts:

Black Hills MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.80 Rating Score
Upside/Downside: 7.9% Upside
$55.80 Price Target
Short Interest: Healthy
4.25% of Shares Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -6.48
Upright™ Environmental Score
News Sentiment: 0.31
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.35 out of 5 stars

Utilities Sector

73rd out of 98 stocks

Electric Services Industry

28th out of 38 stocks

0.9

Analyst's Opinion

Consensus Rating
Black Hills has received a consensus rating of Reduce. The company's average rating score is 1.80, and is based on no buy ratings, 4 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Black Hills has only been the subject of 2 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
4.25% of the outstanding shares of Black Hills have been sold short.
Short Interest Ratio / Days to Cover
Black Hills has a short interest ratio ("days to cover") of 5.1.
Change versus previous month
Short interest in Black Hills has recently decreased by 7.64%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Leadership
Black Hills is a leading dividend payer. It pays a dividend yield of 4.98%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Black Hills has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Black Hills is 66.33%. This payout ratio is at a healthy, sustainable level, below 75%.

0.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Black Hills has received a -58.74% net impact score from Upright. The largest negative impact of Black Hills in category "GHG emissions" seems to be driven mostly by its "Retail for natural gas", "Electricity retailing", and "Natural gas distribution services" products. See details.
Environmental Sustainability
The Environmental Impact score for Black Hills is -6.48.

1.8

News and Social Media Coverage

News Sentiment
Black Hills has a news sentiment score of 0.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.42 average news sentiment score of Utilities companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Black Hills this week, compared to 4 articles on an average week.
Search Interest
Only 8 people have searched for BKH on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added Black Hills to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Black Hills insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.63% of the stock of Black Hills is held by insiders.
Percentage Held by Institutions
86.71% of the stock of Black Hills is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Black Hills is 13.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.98.
Price to Earnings Ratio vs. Sector
The P/E ratio of Black Hills is 13.19, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 78.96.
Price to Book Value per Share Ratio
Black Hills has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Ad Darwin

Your Next Portfolio Star: Revealing 2024's Top Stock Pick

We're thrilled to offer you an exclusive look at the #1 Buy & Hold Stock of 2024. This isn't just any report. It's the culmination of rigorous analysis, expert insights, and cutting-edge financial strategies, distilled into a compelling narrative that charts the course of what we believe to be the year's most promising investment. (**By clicking the link you are subscribing to The Wealth Creation Investing Newsletter and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy.)

Click here to download your report

About Black Hills Stock (NYSE:BKH)

Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. The company operates in two segments: Electric Utilities and Gas Utilities. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 222,000 electric utility customers in Colorado, Montana, South Dakota, and Wyoming; and owns and operates 1,394 megawatts of generation capacity and 9,106 miles of electric transmission and distribution lines. The Gas Utilities segment distributes natural gas to approximately 1,116,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming; owns and operates 4,663 miles of intrastate gas transmission pipelines; 42,514 miles of gas distribution mains and service lines; seven natural gas storage sites; and approximately 50,000 horsepower of compression and 516 miles of gathering lines. It also constructs and maintains customer owned gas infrastructure facilities for gas transportation customers; and provides appliance repair services to residential utility customers, as well as electrical system construction services to large industrial customers. In addition, the company produces electric power through wind, natural gas, and coal-fired generating plants; and coal at its coal mine located near Gillette, Wyoming. Black Hills Corporation was incorporated in 1941 and is headquartered in Rapid City, South Dakota.

BKH Stock Price History

30 days | 90 days | 365 days | Advanced Chart

BKH Stock News Headlines

April 14, 2024 | marketbeat.com

Native American-led nonprofit says it bought 40 acres in the Black Hills of South Dakota

A Native American-led nonprofit says it has purchased about 40 acres of land in South Dakota's Black Hills area

April 18, 2024 | finance.yahoo.com

Shareholders May Not Be So Generous With Black Hills Corporation's (NYSE:BKH) CEO Compensation And Here's Why

April 18, 2024 | Priority Gold (Ad)

Red Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!

Get your free information kit NOW, before it’s too late. Inside you’ll get the 3 secret strategies you can put in place starting today, so “they” don’t get your money tomorrow.

April 16, 2024 | finance.yahoo.com

Black Hills Corp. Confirms Details for its Annual Meeting of Shareholders

April 13, 2024 | msn.com

Hideaway Hills gypsum mine sinkhole case reopens

April 13, 2024 | msn.com

Forest Service planting trees in southern Black Hills

April 10, 2024 | globenewswire.com

Black Hills Corp. Schedules 2024 First Quarter Earnings Release and Conference Call

April 10, 2024 | msn.com

Lost in the Black Hills? We have tips to help you get found

April 18, 2024 | Priority Gold (Ad)

Red Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!

Get your free information kit NOW, before it’s too late. Inside you’ll get the 3 secret strategies you can put in place starting today, so “they” don’t get your money tomorrow.

April 10, 2024 | msn.com

Black Hills Energy alerts about impostor utility workers

April 9, 2024 | americanbankingnews.com

Black Hills Co. (NYSE:BKH) Receives Average Recommendation of "Reduce" from Brokerages

April 8, 2024 | msn.com

Winter storm in northern Black Hills to bring 1 to 2 feet of snow

April 3, 2024 | msn.com

Black Hills Energy reminds Nebraskans to dig safe this spring

April 3, 2024 | incomeinvestors.com

Black Hills Stock a Dividend Aristocrat That Yields 5%

April 3, 2024 | fool.com

3 Utility Stocks to Buy Hand Over Fist in April

April 2, 2024 | msn.com

Black Hills National Cemetery honors unaccompanied veterans with ceremony

April 2, 2024 | msn.com

Mountain lions prowl near Black Hills cabin

March 31, 2024 | msn.com

Weather advisory issued for the Black Hills areas Saturday and Sunday

March 29, 2024 | msn.com

Black Hills National Cemetery hosted a Commemoration Ceremony for Vietnam Veterans on “Welcome Home Vietnam Veterans Recognition Day.”

March 29, 2024 | msn.com

Gold Rush Burger Battle: cooking competition features northern Black Hills’ top restaurants

March 29, 2024 | fool.com

3 Dividend-Paying Energy Stocks to Buy at a Discount

March 27, 2024 | finance.yahoo.com

BKH- An Electric and Gas Utility that Has Earned "Dividend King" Status

March 18, 2024 | finance.yahoo.com

Investors five-year losses continue as Black Hills (NYSE:BKH) dips a further 3.5% this week, earnings continue to decline

March 18, 2024 | msn.com

Let's talk business in Pueblo: Real estate market struggles continue, Black Hills names VP

March 17, 2024 | fool.com

Looking for Decades of Passive Income? 2 High-Yield Stocks to Buy Now

March 17, 2024 | msn.com

Power is back on for 98% of Black Hills Energy customers

March 16, 2024 | sports.yahoo.com

Tumwater cruises past Black Hills in EvCo tussle

See More Headlines

Receive BKH Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Black Hills and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 2/08/2024
Ex-Dividend for 3/1 Dividend: 2/15/2024
Dividend Payable: 3/01/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Utilities
Industry: Electric services
Sub-Industry: Multi-Utilities
Current Symbol: NYSE:BKH
CUSIP: 09211310
CIK: 1130464
Web: www.blackhillscorp.com
Phone: (605) 721-1700
Fax: 605-348-4748
Employees: 2,874
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $55.80
High Stock Price Target: $62.00
Low Stock Price Target: $49.00
Potential Upside/Downside: +7.9%
Consensus Rating: Reduce
Rating Score (0-4): 1.80
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $3.92
Trailing P/E Ratio: 13.19
Forward P/E Ratio: 13.26
P/E Growth: N/A
Net Income: $262.20 million
Net Margins: 11.25%
Pretax Margin: 12.94%
Return on Equity: 8.09%
Return on Assets: 2.73%

Debt

Debt-to-Equity Ratio: 1.15
Current Ratio: 0.70
Quick Ratio: 0.56

Sales & Book Value

Annual Sales: $2.33 billion
Price / Sales: 1.51
Cash Flow: $7.74 per share
Price / Cash Flow: 6.68
Book Value: $48.62 per share
Price / Book: 1.06

Miscellaneous

Outstanding Shares: 68,290,000
Free Float: 67,860,000
Market Cap: $3.53 billion
Optionable: Optionable
Beta: 0.64

Metaverse Stocks And Why You Can't Ignore Them

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report

Key Executives

Mr. Linden R. Evans (Age 61)
President, CEO & Director
Comp: $2.87M
Ms. Kimberly F. Nooney (Age 52)
Senior VP & CFO
Comp: $1.11M
Mr. Erik D. Keller (Age 60)
Senior VP & Chief Information Officer
Comp: $764.12k
Mr. Brian G. Iverson (Age 61)
Senior VP, General Counsel & Chief Compliance Officer
Comp: $1.06M
Ms. Marne M. Jones (Age 50)
Senior Vice President of Utilities
Comp: $1.16M
Mr. Jerome E. Nichols
Director of Investor Relations
Ms. Todd Jacobs (Age 55)
Senior Vice President Growth and Strategy
Ms. Amy K. Koenig (Age 50)
VP of Governance, Corporate Secretary & Deputy General Counsel
Mr. Courtney Hebert
VP, Corporate Controller & Chief Risk Officer
Mr. Tom Stevens
VP & Treasurer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BKH Stock Analysis - Frequently Asked Questions

Should I buy or sell Black Hills stock right now?: 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Black Hills in the last year. There are currently 1 sell rating and 4 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" BKH shares.
View BKH analyst ratings or view top-rated stocks.
What is Black Hills' stock price target for 2024?: 5 analysts have issued twelve-month price targets for Black Hills' stock. Their BKH share price targets range from $49.00 to $62.00. On average, they predict the company's stock price to reach $55.80 in the next year. This suggests a possible upside of 7.9% from the stock's current price.
View analysts price targets for BKH or view top-rated stocks among Wall Street analysts.
How have BKH shares performed in 2024?: Black Hills' stock was trading at $53.95 at the beginning of the year. Since then, BKH shares have decreased by 4.2% and is now trading at $51.71.
View the best growth stocks for 2024 here.
Are investors shorting Black Hills?: Black Hills saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 2,900,000 shares, a decline of 7.6% from the March 15th total of 3,140,000 shares. Based on an average daily trading volume, of 573,500 shares, the days-to-cover ratio is presently 5.1 days.
View Black Hills' Short Interest.
When is Black Hills' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our BKH earnings forecast.
How can I listen to Black Hills' earnings call?: Black Hills will be holding an earnings conference call on Thursday, May 9th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were Black Hills' earnings last quarter?: Black Hills Co. (NYSE:BKH) posted its quarterly earnings results on Thursday, February, 8th. The utilities provider reported $1.17 EPS for the quarter, topping the consensus estimate of $1.06 by $0.11. The utilities provider had revenue of $591.70 million for the quarter, compared to the consensus estimate of $863.67 million. Black Hills had a net margin of 11.25% and a trailing twelve-month return on equity of 8.09%. During the same period last year, the business posted $1.11 EPS.
How often does Black Hills pay dividends? What is the dividend yield for Black Hills?: Black Hills announced a quarterly dividend on Friday, January 26th. Shareholders of record on Friday, February 16th will be given a dividend of $0.65 per share on Friday, March 1st. This represents a $2.60 dividend on an annualized basis and a yield of 5.03%. The ex-dividend date of this dividend is Thursday, February 15th. This is a positive change from the stock's previous quarterly dividend of $0.63.
Read our dividend analysis for BKH.

Is Black Hills a good dividend stock?: Black Hills (NYSE:BKH) pays an annual dividend of $2.60 per share and currently has a dividend yield of 4.98%. BKH has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 66.33%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for BKH.
What ETFs hold Black Hills' stock?: ETFs with the largest weight of Black Hills (NYSE:BKH) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), Roundhill S&P Dividend Monarchs ETF (KNGS), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), Trajan Wealth Income Opportunities ETF (TWIO), ProShares Russell US Dividend Growers ETF (TMDV), Invesco High Yield Equity Dividend Achievers ETF (PEY), Nuveen Small Cap Select ETF (NSCS) and ProShares Russell 2000 Dividend Growers ETF (SMDV).
What guidance has Black Hills issued on next quarter's earnings?: Black Hills issued an update on its FY 2024 earnings guidance on Thursday, March, 28th. The company provided earnings per share guidance of 3.800-4.000 for the period, compared to the consensus earnings per share estimate of 3.890. The company issued revenue guidance of -.
What is Linn Evans' approval rating as Black Hills' CEO?: 9 employees have rated Black Hills Chief Executive Officer Linn Evans on Glassdoor.com. Linn Evans has an approval rating of 85% among the company's employees.
What other stocks do shareholders of Black Hills own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Black Hills investors own include Verizon Communications (VZ), AT&T (T), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Altria Group (MO), United Technologies (UTX), Enterprise Products Partners (EPD), Coca-Cola (KO), Procter & Gamble (PG) and Bank of Hawaii (BOH).
Who are Black Hills' major shareholders?: Black Hills' stock is owned by a number of institutional and retail investors. Top institutional investors include Hennessy Advisors Inc. (0.09%), Congress Asset Management Co. MA (0.08%), First PREMIER Bank (0.04%), AdvisorNet Financial Inc (0.03%), Miller Howard Investments Inc. NY (0.02%) and Martin Capital Partners LLC (0.02%). Insiders that own company stock include Rebecca B Roberts, Richard Kinzley, Stuart A Wevik and Stuart A Wevik.
View institutional ownership trends.
How do I buy shares of Black Hills?: Shares of BKH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:BKH) was last updated on 4/18/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial