BKH
Black Hills Corporation
Set alert
- YTD
- +18.14%
- 1 year
- +28.85%
- Open
- 81.79
- Prev close
- 81.46
- Mkt cap
- 6.25B
- Vol
- 1.33M
- Avg vol
- 1.07M
- EPS
- 3.97
- P/E
- 20.66
- Div yield
- 3.45%
More statistics
- Low
- 81.44
- High
- 82.15
- Forward P/E
- 17.75
- Beta
- 0.66
- Short ratio
- 8.65
- Inst. own
- 104.24%
- Dividend
- 2.81
- Ex-div date
- Nov 16, 2026
- Earnings
- Nov 4, 2026
- 50-d avg
- 73.80
- 200-d avg
- 73.33
- 1y target
- 87.07
Key statistics
- Market cap
- 6.25B
- Enterprise value
- 10.71B
- Trailing P/E
- 20.66
- Forward P/E
- 17.75
- PEG ratio
- 1.90
- Price / sales
- 2.72
- Price / book
- 1.59
- EPS (TTM)
- 3.97
- Beta
- 0.66
- Dividend yield
- 3.45%
- Payout ratio
- 69.47%
- Profit margin
- 13.01%
- Revenue (TTM)
- 2.30B
- Revenue growth
- 3.10%
- Free cash flow
- -77.75M
- Total cash
- 71.50M
- Total debt
- 4.49B
- Return on equity
- 7.96%
- Shares outstanding
- 76.25M
- Short % of float
- 21.00%
- 50-day average
- 73.80
- 200-day average
- 73.33
Analyst view
Consensus: strong buy
- Target (low)
- 78.00
- Target (mean)
- 87.07
- Target (high)
- 91.00
- Strong buy1
- Buy6
- Hold0
- Sell0
- Strong sell0
Next earnings
Nov 4, 2026
Expected Nov 4, 2026. Consensus EPS estimate 0.4675.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Nov 4, 2026 | Sep 30, 2026 | 0.4672 | — | — | — |
| Aug 5, 2026 | Jun 30, 2026 | 0.4061 | 0.54 | +0.13 | +32.97% |
| May 6, 2026 | Mar 31, 2026 | 1.88 | 1.79 | -0.09 | -4.79% |
| Feb 4, 2026 | Dec 31, 2025 | 1.37 | 1.41 | +0.04 | +2.92% |
| Nov 5, 2025 | Sep 30, 2025 | 0.45 | 0.45 | 0.00 | 0.00% |
| Jul 30, 2025 | Jun 30, 2025 | 0.38 | 0.38 | 0.00 | 0.00% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 15, 2026 | Jefferies | init | — | Buy |
| Oct 8, 2026 | BMO Capital | main | Outperform | Outperform |
| Oct 7, 2026 | Freedom Broker | up | Hold | Buy |
| Sep 30, 2026 | Freedom Broker | init | — | Hold |
| Sep 21, 2026 | B of A Securities | main | Buy | Buy |
| Jul 22, 2026 | BMO Capital | main | Outperform | Outperform |
About Black Hills Corporation
Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. The company operates through the Electric Utilities and Gas Utilities segments. The Electric Utilities segment engages in the generation, transmission, and distribution of electricity to electric utility customers in Colorado, Montana, South Dakota, and Wyoming; ownership and operation of 1,386 megawatts of generation capacity, and 9,478 miles of electric transmission and distribution lines; sale of excess power to other utilities and marketing companies; and ownership and operation of non-regulated power generation and mining assets. Its Gas Utilities segment is involved in the distribution of natural gas to approximately 1,138,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming; ownership and operation of 4,581 miles of intrastate gas transmission pipelines; 44,840 miles of gas distribution mains and service lines; seven natural gas storage sites; and approximately 50,000 horsepower of compression and 494 miles of gathering lines. The company also provides non-regulated services to its retail customers, including Service Guard Comfort Plan, which provides home appliance repair services through on-going monthly service agreements to residential utility customers; Tech Services, which include construction and maintenance of customer-owned gas infrastructure facilities, as well as electrical system construction services; and HomeServe, which are additional home repair service plans for natural gas residential customers. In addition, the company produces electric power through wind, natural gas, and coal-fired generating plants, as well as coal at its coal mine located near Gillette, Wyoming. Black Hills Corporation was incorporated in 1941 and is headquartered in Rapid City, South Dakota.
- Sector
- Utilities
- Industry
- Utilities - Regulated Gas
- Country
- United States
- Website
- ir.blackhillscorp.com
News
- This Under-the-Radar Utility Just Signed a Massive Data Center Deal Without Anyone Noticing
- Black Hills Corp. Announces Quarterly Dividend
- Jefferies Initiates Coverage On Black Hills with Buy Rating, Announces Price Target of $87
- BMO Capital Maintains Outperform on Black Hills, Raises Price Target to $86
- Freedom Broker Upgrades Black Hills to Buy, Raises Price Target to $78
- Black Hills Signs Definitive Agreements Effective Sept. 30, 2026, With Terms Through 2048, To Serve A Planned Google Data Center To Be Constructed In Cheyenne, Wyoming; Investing $1.8B In New Company-Owned Natural Gas Generation; Project Is Expected To Deliver ~$2.4B Of Unlevered Free Cash Flow, Net Of $1.8B Of Generation Capital Investment
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| EVANS LINDEN R | Chief Executive Officer | Stock Gift | Feb 16, 2026 | 173,264 |
| GRANGER BARRY M. | Director | Stock Award(Grant) | Apr 30, 2026 | 11,715 |
| JENSEN TONY ALAN | Director | Stock Award(Grant) | Apr 30, 2026 | 18,117 |
| JONES MARNE M | Officer | Stock Award(Grant) | Feb 11, 2026 | 38,667 |
| MCALLISTER KATHLEEN S. | Director | Stock Award(Grant) | Apr 30, 2026 | 16,529 |
| MILLS STEVEN RICHARD | Director | Stock Award(Grant) | Apr 30, 2026 | 29,622 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Blackrock Inc. | 16.37% | 12,482,189 | 1.02B | Jun 29, 2026 |
| Vanguard Portfolio Management LLC | 6.74% | 5,141,103 | 421.70M | Jun 29, 2026 |
| State Street Corporation | 5.01% | 3,819,510 | 313.30M | Jun 29, 2026 |
| Vanguard Capital Management LLC | 4.50% | 3,428,442 | 281.22M | Jun 29, 2026 |
| Nomura Asset Management International Inc | 3.27% | 2,496,967 | 204.81M | Jun 29, 2026 |
| AQR Capital Management, LLC | 2.93% | 2,232,003 | 183.08M | Jun 29, 2026 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| iShares Trust-iShares Core S&P Mid-Cap ETF | 3.56% | 2,717,046 | 222.87M | Sep 29, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund | 3.17% | 2,415,730 | 198.15M | Jun 29, 2026 |
| iShares Trust-iShares Russell 2000 ETF | 2.66% | 2,030,146 | 166.52M | Sep 29, 2026 |
| SmallCap World Fund Inc | 2.33% | 1,777,821 | 145.83M | Sep 29, 2026 |
| VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund | 2.29% | 1,746,570 | 143.26M | Jun 29, 2026 |
| iShares Trust-iShares Select Dividend ETF | 1.92% | 1,465,128 | 120.18M | Sep 29, 2026 |