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BKH Stock Chart & Stats
$73.02
$0.19(0.25%)
At close: 4:00 PM EDT
$73.02
$0.19(0.25%)
Day’s Range― - ―
52-Week Range$62.10 - $78.69
Previous CloseN/A
Volume696.43K
Average Volume (3M)1.23M
Market Cap
$5.84B
Enterprise Value$10.44B
Total Cash (Recent Filing)$71.50M
Total Debt (Recent Filing)$4.49B
Price to Earnings (P/E)19.3
Beta0.35
Next Earnings
Nov 04, 2026EPS Estimate
0.47Next Dividend Ex-DateN/A
Dividend Yield3.63%
Share Statistics
EPS (TTM)3.98
Shares Outstanding76,253,140
10 Day Avg. Volume1,677,701
30 Day Avg. Volume1,234,615
Financial Highlights & Ratios
PEG Ratio8.50
Price to Book (P/B)1.33
Price to Sales (P/S)2.19
P/FCF Ratio-34.62
Enterprise Value/Market Cap1.79
Enterprise Value/Revenue4.54
Enterprise Value/Gross Profit10.58
Enterprise Value/Ebitda12.27
Forecast
1Y Price Target
$83.75Price Target Upside14.69% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)4.36
Revenue Forecast (FY)$2.43B
Bulls Say, Bears Say
Bulls Say
Regulated Utility ModelBlack Hills’ regulated electric and gas operations provide a durable earnings foundation because commission-approved rates are designed to recover operating costs and invested capital. This reduces exposure to commodity-price volatility and supports relatively predictable cash generation as infrastructure enters the rate base.
Google Data-center AgreementThe long-term Google agreement creates high-visibility demand and supports substantial infrastructure investment without placing the full economic burden on existing retail customers. Contract protections, expected management fees, and planned generation additions could materially expand earnings and cash flow over several years.
Capital Growth And Regulatory RecoveryBlack Hills is converting regulated infrastructure investment into future earning capacity through projects already under construction or in service. Continued rate reviews, rider recovery, and large-load development can expand rate base and support management’s reaffirmed long-term earnings growth target.
Bears Say
Meaningful LeverageThe sizeable debt burden limits financial flexibility relative to equity and leaves Black Hills more exposed to refinancing costs or weaker cash generation. Although leverage metrics remain managed for a regulated utility, elevated debt can constrain capital allocation and increase sensitivity to funding conditions.
Inconsistent Free Cash FlowVolatile free cash flow reflects the company’s heavy capital requirements and weak recent conversion of accounting earnings into cash. Repeated negative annual periods can increase reliance on debt or equity financing, reducing flexibility to fund growth, dividends, and refinancing needs internally.
Regulatory And Project Execution RiskThe NorthWestern merger and major customer projects remain dependent on regulatory decisions, negotiations, and execution across multiple parties. Delays could postpone expected synergies, rate-base additions, or customer revenues, while additional costs and contract complexity could weaken the timing and certainty of planned benefits.
Black Hills News
BKH FAQ
What was Black Hills Corp.’s price range in the past 12 months?
Black Hills Corp. lowest stock price was $62.10 and its highest was $78.69 in the past 12 months.
What is Black Hills Corp.’s market cap?
Black Hills Corp.’s market cap is $5.84B.
When is Black Hills Corp.’s upcoming earnings report date?
Black Hills Corp.’s upcoming earnings report date is Nov 04, 2026 which is in 16 days.
How were Black Hills Corp.’s earnings last quarter?
Black Hills Corp. released its earnings results on Aug 05, 2026. The company reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.406 by $0.134.
Is Black Hills Corp. overvalued?
According to Wall Street analysts Black Hills Corp.’s price is currently Undervalued.
Does Black Hills Corp. pay dividends?
Black Hills Corp. pays a Quarterly dividend of $0.703 which represents an annual dividend yield of 3.63%. See more information on Black Hills Corp. dividends here
What is Black Hills Corp.’s EPS estimate?
Black Hills Corp.’s EPS estimate is 0.47.
How many shares outstanding does Black Hills Corp. have?
Black Hills Corp. has 76,253,140 shares outstanding.
What happened to Black Hills Corp.’s price movement after its last earnings report?
Black Hills Corp. reported an EPS of $0.54 in its last earnings report, beating expectations of $0.406. Following the earnings report the stock price went up 1.436%.
Which hedge fund is a major shareholder of Black Hills Corp.?
Currently, no hedge funds are holding shares in BKH
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Black Hills Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$83.75 (14.69% Upside)
$83.75 (14.69% Upside)
Blogger Sentiment
Bullish
BKH Sentiment 82%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Decreased
By 1.6K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.7%
Last 30 Days ▲ 4.3%
Last 30 Days ▲ 4.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
27.59%
12-Months-Change
Fundamentals
Return on Equity
7.73%
Trailing 12-Months
Asset Growth
9.38%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Black Hills Corp.
Black Hills Corporation operates as an American utility firm, delivering both electric power and natural gas through its subsidiaries. Its business is organized into two primary divisions: Electric Utilities and Gas Utilities. The Electric Utilities segment is responsible for generating, transmitting, and distributing electricity to approximately 218,000 customers spanning Colorado, Montana, South Dakota, and Wyoming. This division manages 1,481.5 megawatts of power generation capacity and maintains 8,892 miles of electric transmission and distribution lines. Electric power generation is diversified, utilizing wind, natural gas, and coal-fired plants, and the company also operates a coal mine near Gillette, Wyoming. Conversely, the Gas Utilities segment provides natural gas to roughly 1,094,000 utility clients across Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming. This operation includes overseeing 4,732 miles of intrastate gas transmission pipelines, 41,644 miles of gas distribution mains and service lines, six natural gas storage facilities, around 50,000 horsepower of compression, and 515 miles of gathering lines. Beyond these core utility offerings, Black Hills Corporation also constructs and maintains gas infrastructure for various gas transportation customers. It provides appliance repair services for residential utility subscribers and offers electrical system construction to large industrial clients. Founded in 1941, the company's headquarters are situated in Rapid City, South Dakota.
BKH Company Deck
BKH Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveys a broadly positive operational and financial story: strong quarter and YTD adjusted EPS growth, a compelling >3 GW large-load pipeline (600 MW in-plan and >2.5 GW in advanced talks), solid capital execution (Lange II on schedule; Ready Wyoming transmission in service), healthy liquidity and credit discipline, and substantial merger progress (6 of 7 approvals). Offsetting items include higher financing and depreciation costs, weather headwinds, one remaining merger approval (Montana) that carries timing risk, near-term refinancing needs ($400M in Jan 2027), and execution/contract risk on very large projects (including refundable customer advances). On balance, the positives (earnings beat, pipeline, merger momentum, strong liquidity and operational execution) outweigh the lowlights.View all BKH earnings summariesBKH Stock 12 Month Forecast
Average Price Target
$83.75
▲(14.69% Upside)
Technical Analysis
Ownership Overview
0.52% Insiders
32.21% Mutual Funds
0.77% Other Institutional Investors
32.75% Public Companies and Individual Investors