Black Hills (DE:BHI)
NYSE:BHI
BHI Stock Chart & Stats
€64.90
€0.10(0.19%)
At close: 4:00 PM EST
€64.90
€0.10(0.19%)
Day’s Range― - ―
52-Week Range€47.33 - €64.96
Previous CloseN/A
Volume0.00
Average Volume (3M)14.00
Market Cap
€4.88B
Enterprise Value€10.11B
Total Cash (Recent Filing)€31.40M
Total Debt (Recent Filing)€4.65B
Price to Earnings (P/E)19.1
Beta0.17
Next Earnings
Aug 05, 2026EPS Estimate
0.36Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.86
Shares Outstanding76,128,120
10 Day Avg. Volume22
30 Day Avg. Volume14
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€72.56Price Target Upside11.80% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
EPS Forecast (FY)3.81
Revenue Forecast (FY)€2.11B
Bulls Say, Bears Say
Bulls Say
Regulated Utility Business ModelBlack Hills’ core earnings derive from regulated electric and gas operations where rates are designed to recover prudently incurred costs and provide an authorized return on invested capital. This ratemaking framework yields predictable cash flows and supports steady long‑term earnings as the rate base grows with capital investment.
Large-load Pipeline With Customer-funded ProtectionsA multi‑GW large‑load pipeline and sizable refundable contributions in aid of construction materially lower development and capital risk for those specific projects. Customer funding and reservations improve project economics and give Black Hills durable upside to expand its regulated asset base if agreements finalize, supporting long‑term rate base growth.
Liquidity, Capital Planning And Lower Equity NeedMaintained revolving availability, active ATM issuance and a materially lowered equity need signal well‑managed liquidity and capital markets execution. This reduces near‑term dilution and refinancing pressure, enabling the company to fund a $4.7B five‑year plan while targeting credit metrics that preserve financing flexibility over the medium term.
Bears Say
Negative And Inconsistent Free Cash FlowTTM negative free cash flow driven by heavy capex erodes internal funding capacity and increases reliance on external financing. Over a multi‑month horizon, persistent negative FCF can pressure credit metrics and raise the probability of additional equity or debt issuance to fund projects and dividends, affecting financial flexibility.
Meaningful Leverage And Near-term Refinancing RiskLeverage is material though typical for regulated utilities; combined with recent negative FCF it raises sensitivity to refinancing conditions. The upcoming $400M maturity in Jan‑2027 concentrates near‑term funding risk: adverse market or regulatory developments could increase borrowing costs or constrain capacity to execute the capital plan.
Execution And Regulatory Uncertainty On Large Projects And MergerKey growth initiatives—major large‑load contracts and the NorthWestern merger—depend on definitive contracts and regulatory clearances. Delays, adverse conditions, or imposed mitigation could defer rate base additions, increase costs or reduce synergies, creating sustained execution risk across the multi‑year capital program and integration timeline.
Black Hills News
BHI FAQ
What was Black Hills’s price range in the past 12 months?
Black Hills lowest stock price was €47.33 and its highest was €64.96 in the past 12 months.
What is Black Hills’s market cap?
Black Hills’s market cap is €4.88B.
When is Black Hills’s upcoming earnings report date?
Black Hills’s upcoming earnings report date is Aug 05, 2026 which is in 42 days.
How were Black Hills’s earnings last quarter?
Black Hills released its earnings results on May 06, 2026. The company reported €1.559 earnings per share for the quarter, missing the consensus estimate of €1.603 by -€0.044.
Is Black Hills overvalued?
According to Wall Street analysts Black Hills’s price is currently Undervalued.
Does Black Hills pay dividends?
Black Hills does not currently pay dividends.
What is Black Hills’s EPS estimate?
Black Hills’s EPS estimate is 0.36.
How many shares outstanding does Black Hills have?
Black Hills has 76,128,120 shares outstanding.
What happened to Black Hills’s price movement after its last earnings report?
Black Hills reported an EPS of €1.559 in its last earnings report, missing expectations of €1.603. Following the earnings report the stock price went down -0.398%.
Which hedge fund is a major shareholder of Black Hills?
Currently, no hedge funds are holding shares in DE:BHI
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
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10
Analyst Consensus
Strong Buy
Average Price Target:
€72.56 (11.80% Upside)
€72.56 (11.80% Upside)
Blogger Sentiment
Bullish
DE:BHI Sentiment 70%
Sector Average 74%
Sector Average 74%
Insider Transactions
Sold Shares
Worth €265.9K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
36.05%
12-Months-Change
Fundamentals
Return on Equity
7.60%
Trailing 12-Months
Asset Growth
7.54%
Trailing 12-Months
Company Description
Black Hills
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.
BHI Company Deck
BHI Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a largely positive operational and strategic momentum: management reaffirmed full-year guidance, maintained strong liquidity and credit targets, advanced major projects (Lange II, Ready Wyoming placed in service) and merger progress, and highlighted a deep large-load pipeline with customer-funded reservations. Offsetting these positives were notable near-term headwinds — an unusually warm winter that reduced demand (18¢ per share impact), an adjusted EPS decline versus prior year, higher financing and depreciation costs, merger transaction expenses, and remaining uncertainty on definitive agreements and regulatory approvals tied to large-load projects. On balance, the company demonstrated financial resilience and a clear path for growth, though material execution and regulatory risks remain as the large-load opportunities and merger close over the remainder of the year.View all DE:BHI earnings summariesBHI Stock 12 Month Forecast
Average Price Target
€72.56
▲(11.80% Upside)
Technical Analysis
Options Prices
Currently, No data available
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