BHI Stock Chart & Stats
€65.65
€0.40(0.61%)
At close: 4:00 PM EDT
€65.65
€0.40(0.61%)
Day’s Range― - ―
52-Week Range€48.96 - €66.45
Previous CloseN/A
Volume0.00
Average Volume (3M)2.00
Market Cap
€4.87B
Enterprise Value€10.44K
Total Cash (Recent Filing)€71.50M
Total Debt (Recent Filing)€4.49B
Price to Earnings (P/E)18.4
Beta0.13
Next Earnings
Nov 04, 2026EPS Estimate
0.44Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.98
Shares Outstanding76,253,140
10 Day Avg. Volume0
30 Day Avg. Volume2
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
€74.00Price Target Upside12.71% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)3.75
Revenue Forecast (FY)€2.13B
Bulls Say, Bears Say
Bulls Say
Regulated Utility Model & Cost RecoveryBlack Hills’ regulated utility model provides durable earnings visibility because revenues are largely tied to rate‑base returns and regulatory cost‑recovery mechanisms. This structure limits margin volatility from commodity swings and supports steady cash flows as the company invests in infrastructure over time.
Large Data‑center / Load PipelineA multi‑gigawatt pipeline of large‑load data center opportunities creates sustained demand and long‑term revenue/rate base growth if contracted. The substantial pipeline (600 MW planned, >2.5 GW advanced) can materially expand electric volumes and justify incremental investments that are recoverable under regulated frameworks.
On‑time Capex Execution & LiquidityConsistent on‑time project delivery and >$650M committed liquidity signal operational and financial execution that underpins rate‑base additions. Coupled with a long dividend track record and stated credit metric targets, this supports investor confidence and the company’s ability to fund near‑term capex without sacrificing core operations.
Bears Say
Elevated LeverageMeaningful leverage relative to equity reduces financial flexibility and increases sensitivity to rising interest rates or weaker cash flow. For a capital‑intensive regulated utility, elevated debt burdens can pressure credit metrics, constrain future investment pacing, and raise refinancing costs on new borrowings.
Inconsistent Free Cash FlowIrregular free cash flow due to timing and capital intensity undermines balance sheet resilience and limits discretionary funding. Repeated negative FCF years increase reliance on external financing for capex and dividends, elevating refinancing and dilution risks during periods of heavy investment.
Refinancing & Regulatory/ Execution RiskA near‑term $400M maturity, outstanding regulatory approval in Montana, and complex contracting for multi‑GW projects create concentrated timing and execution risks. Missed approvals, refinancing stress, or project contract failures could delay rate‑base growth, raise costs, or force less favorable financing.
Black Hills News
BHI FAQ
What was Black Hills’s price range in the past 12 months?
Black Hills lowest stock price was €48.96 and its highest was €66.45 in the past 12 months.
What is Black Hills’s market cap?
Black Hills’s market cap is €4.87B.
When is Black Hills’s upcoming earnings report date?
Black Hills’s upcoming earnings report date is Nov 04, 2026 which is in 84 days.
How were Black Hills’s earnings last quarter?
Black Hills released its earnings results on Aug 05, 2026. The company reported €0.469 earnings per share for the quarter, beating the consensus estimate of €0.352 by €0.116.
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 0.44.
How many shares outstanding does Black Hills have?
Black Hills has 76,253,140 shares outstanding.
What happened to Black Hills’s price movement after its last earnings report?
Black Hills reported an EPS of €0.469 in its last earnings report, beating expectations of €0.352. Following the earnings report the stock price went down -1.828%.
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
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
€74.00 (12.71% Upside)
€74.00 (12.71% Upside)
Blogger Sentiment
Bullish
DE:BHI Sentiment 67%
Sector Average 62%
Sector Average 62%
Insider Transactions
Sold Shares
Worth €263.7K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
37.09%
12-Months-Change
Fundamentals
Return on Equity
3.72%
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
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 DE:BHI earnings summariesBHI Stock 12 Month Forecast
Average Price Target
€74.00
▲(12.71% Upside)