BKH
Black Hills Corporation NYSE Listed Feb 22, 1973$72.75
+0.99%
vs $72.04
Mkt Cap $5.5B
52w Low $55.50
74.4% of range
52w High $78.69
50d MA $73.74
200d MA $69.71
P/E (TTM)
18.3x
EV/EBITDA
11.9x
P/B
1.4x
Debt/Equity
1.2x
ROE
7.6%
P/FCF
-36.4x
RSI (14)
49.80
ATR (14)
$2.21
Beta
0.71
50d MA
$73.74
200d MA
$69.71
Avg Volume
1.1M
Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. It operates in two segments, Electric Utilities and Gas Utilities. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 218,000 electric utility customers in Colorado, Montana, South Dakota, and Wyoming; and owns and operates 1,481.5 megawatts of generation capacity and 8,892 miles of electric transmission and distribution lines. The Gas Utilities segment distributes natural gas to approximately 1,094,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming; owns and operates 4,732 miles of intrastate gas transmission pipelines; 41,644 miles of gas distribution mains and service lines; six natural gas storage sites; and approximately 50,000 horsepower of compression and 515 miles of gathering lines. The company also constructs and maintains 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, it produces electric power through wind, natural gas, and coal-fired generating plants; and coal at its coal mine located near Gillette, Wyoming. The company was incorporated in 1941 and is headquartered in Rapid City, South Dakota.
7001 Mount Rushmore Road · Rapid City, SD 57702 · US
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 6, 2026 | AMC | 1.88 | 1.79 | -4.8% | 73.92 | -1.9% | +1.8% | +0.0% | -2.4% | +1.2% | -0.3% | — |
| Feb 4, 2026 | AMC | 1.37 | 1.41 | +2.9% | 73.74 | +1.0% | +0.9% | -2.9% | -1.1% | +1.3% | +0.3% | — |
| Nov 5, 2025 | AMC | 0.45 | 0.45 | +0.0% | 64.75 | +0.7% | +4.6% | +2.9% | +2.0% | +1.2% | +0.2% | — |
| Jul 30, 2025 | AMC | 0.38 | 0.38 | +0.0% | 57.11 | +0.0% | +1.2% | +0.1% | +1.8% | +0.2% | +1.3% | — |
| May 7, 2025 | AMC | 1.92 | 1.87 | -2.6% | 61.75 | -1.4% | -4.7% | -0.6% | -0.8% | -0.5% | -0.8% | — |
| Feb 5, 2025 | AMC | 1.20 | 1.37 | +14.2% | 60.07 | +0.9% | -0.3% | -0.7% | +0.4% | +0.6% | +0.1% | — |
| Nov 6, 2024 | AMC | 0.48 | 0.35 | -27.1% | 60.36 | -2.2% | -1.3% | +2.0% | +2.6% | -1.0% | +2.3% | — |
| Jul 31, 2024 | AMC | 0.29 | 0.33 | +13.8% | 59.05 | -1.3% | +0.4% | -0.6% | -4.2% | +1.4% | -0.3% | — |
| May 8, 2024 | AMC | 1.70 | 1.87 | +10.0% | 56.36 | +0.0% | +2.2% | -0.9% | -0.1% | -0.5% | +0.3% | — |
| Feb 7, 2024 | AMC | 1.08 | 1.17 | +8.3% | 49.62 | +1.1% | +3.3% | +0.7% | +2.3% | -3.5% | +0.9% | — |
| Nov 1, 2023 | AMC | 0.53 | 0.67 | +26.4% | 48.44 | +1.7% | +3.0% | +3.2% | -0.1% | -0.8% | -2.5% | — |
| Aug 2, 2023 | AMC | 0.38 | 0.35 | -7.9% | 59.31 | -0.3% | -2.5% | -1.6% | +1.4% | +1.1% | +0.7% | — |
| May 3, 2023 | AMC | 1.66 | 1.73 | +4.2% | 64.44 | +0.2% | +2.2% | +0.4% | -0.1% | -0.5% | +0.3% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 11 | BofA Securities | Upgrade | Neutral → Buy | $78 | $71.94 | $73.13 | +1.7% | -0.2% | +2.4% | +0.4% | -0.4% | -2.0% |
| Apr 15 | BMO Capital | Maintains | Outperform → Outperform | — | $76.60 | $76.65 | +0.1% | -0.1% | +0.4% | -1.0% | -0.6% | -2.8% |
| Apr 9 | BofA Securities | Maintains | Neutral → Neutral | — | $73.82 | $73.70 | -0.2% | +0.3% | -0.3% | -2.2% | +6.1% | -0.1% |
| Feb 9 | BMO Capital | Maintains | Outperform → Outperform | — | $72.30 | $72.16 | -0.2% | -1.1% | +1.3% | +0.3% | +0.8% | +1.1% |
| Jan 27 | BMO Capital | Maintains | Outperform → Outperform | — | $72.68 | $73.07 | +0.5% | +1.3% | -2.0% | +0.9% | +0.2% | -0.7% |
| Nov 7 | Scotiabank | Upgrade | Sector Perform → Sector Outperform | — | $67.75 | $68.50 | +1.1% | +2.9% | +2.0% | +1.2% | +0.3% | -2.6% |
| Aug 20 | BofA Securities | Upgrade | Underperform → Neutral | — | $60.87 | $61.53 | +1.1% | -1.4% | -0.5% | +2.2% | -1.3% | -0.8% |
| Aug 1 | BofA Securities | Maintains | Sell → Sell | — | $57.78 | $58.00 | +0.4% | +0.1% | +1.8% | +0.2% | +1.3% | +1.0% |
| Feb 7 | Scotiabank | Maintains | Sector Perform → Sector Perform | — | $59.90 | $59.65 | -0.4% | -0.7% | +0.4% | +0.6% | +0.1% | +0.3% |
| Dec 12 | Scotiabank | Maintains | Sector Perform → Sector Perform | — | $61.00 | $61.02 | +0.0% | -0.0% | -0.0% | -0.3% | -1.2% | -3.9% |
| Aug 20 | Scotiabank | Maintains | Sector Perform → Sector Perform | — | $57.48 | $57.40 | -0.1% | +0.0% | +0.3% | +0.1% | +0.9% | +0.7% |
| Aug 2 | Wells Fargo | Maintains | Equal Weight → Equal Weight | — | $59.29 | $58.83 | -0.8% | -0.6% | -4.2% | +1.4% | -0.3% | +0.5% |
| Jun 4 | Mizuho | Maintains | Neutral → Neutral | — | $56.34 | $56.03 | -0.6% | -0.8% | -2.1% | -0.8% | -1.1% | -0.2% |
| May 10 | Wells Fargo | Maintains | Equal Weight → Equal Weight | — | $57.58 | $57.79 | +0.4% | -0.9% | -0.1% | -0.5% | +0.3% | +0.1% |
| Apr 22 | Scotiabank | Maintains | Sector Perform → Sector Perform | — | $54.00 | $53.89 | -0.2% | +0.6% | +0.1% | +0.3% | -0.6% | -0.6% |
| Feb 9 | RBC Capital | Maintains | Sector Perform → Sector Perform | — | $51.25 | $51.01 | -0.5% | +0.7% | +2.3% | -3.5% | +0.9% | +1.8% |
| Feb 9 | Scotiabank | Maintains | Sector Perform → Sector Perform | — | $51.25 | $51.01 | -0.5% | +0.7% | +2.3% | -3.5% | +0.9% | +1.8% |
| Nov 21 | Mizuho | Upgrade | Underperform → Neutral | — | $50.71 | $51.18 | +0.9% | +0.4% | +0.6% | +0.1% | -0.3% | +0.8% |
| Nov 20 | BofA Securities | Maintains | Underperform → Underperform | — | $51.67 | $51.22 | -0.9% | -1.9% | +0.4% | +0.6% | +0.1% | -0.3% |
| Sep 22 | Mizuho | Maintains | Underperform → Underperform | — | $54.07 | $53.75 | -0.6% | -0.7% | +0.2% | -3.2% | -0.8% | -2.1% |
| Sep 6 | RBC Capital | Maintains | Sector Perform → Sector Perform | — | $53.63 | $53.63 | +0.0% | -0.2% | +0.5% | +0.7% | +0.6% | +0.8% |
| Aug 4 | Wells Fargo | Maintains | Equal Weight → Equal Weight | — | $57.83 | $58.10 | +0.5% | -1.6% | +1.4% | +1.1% | +0.7% | -0.4% |
| Jul 21 | Mizuho | Maintains | Underperform → Underperform | — | $61.24 | $61.14 | -0.2% | +0.0% | -0.6% | -0.1% | +1.2% | -2.8% |
| Feb 10 | RBC Capital | Downgrade | Outperform → Sector Perform | — | $63.21 | $62.80 | -0.6% | +1.5% | -0.7% | -0.5% | +1.1% | +0.0% |
| Feb 9 | Sidoti & Co. | Downgrade | Buy → Neutral | — | $64.43 | $63.67 | -1.2% | -1.9% | +1.5% | -0.7% | -0.5% | +1.1% |
| Feb 9 | Mizuho | Downgrade | Neutral → Underperform | — | $64.43 | $63.67 | -1.2% | -1.9% | +1.5% | -0.7% | -0.5% | +1.1% |
| Feb 9 | Wells Fargo | Maintains | Equal Weight → Equal Weight | — | $64.43 | $63.67 | -1.2% | -1.9% | +1.5% | -0.7% | -0.5% | +1.1% |
| Feb 8 | BofA Securities | Downgrade | Neutral → Underperform | — | $71.02 | $63.50 | -10.6% | -9.3% | -1.9% | +1.5% | -0.7% | -0.5% |
| Feb 8 | Scotiabank | Downgrade | Sector Outperform → Sector Perform | — | $71.02 | $63.50 | -10.6% | -9.3% | -1.9% | +1.5% | -0.7% | -0.5% |
| Nov 4 | Wells Fargo | Maintains | Equal Weight → Equal Weight | — | $63.47 | $64.28 | +1.3% | +2.0% | -2.7% | +1.4% | +0.5% | +5.3% |
| Oct 19 | Wells Fargo | Maintains | Equal Weight → Equal Weight | — | $64.16 | $63.36 | -1.2% | -1.8% | -3.0% | +0.4% | +0.4% | +2.3% |
| Oct 13 | BofA Securities | Downgrade | Buy → Neutral | — | $62.64 | $60.48 | -3.4% | -0.3% | -1.7% | +3.2% | +1.3% | -1.8% |
| May 6 | Mizuho | Downgrade | Buy → Neutral | — | $75.34 | $74.10 | -1.6% | +0.4% | +1.2% | -1.7% | -0.0% | -1.0% |
| May 5 | Wells Fargo | Maintains | Equal Weight → Equal Weight | — | $75.74 | $76.37 | +0.8% | -0.5% | +0.4% | +1.2% | -1.7% | -0.0% |
| Feb 7 | Mizuho | Upgrade | Neutral → Buy | — | $64.96 | $65.75 | +1.2% | +4.3% | -2.1% | +0.9% | -0.2% | -0.2% |
| Sep 22 | Mizuho | Maintains | Neutral → Neutral | — | $64.04 | $64.25 | +0.3% | -0.3% | -1.0% | -0.6% | +0.6% | -1.5% |
| Aug 25 | Sidoti & Co. | Maintains | Buy → Buy | — | $70.84 | $71.08 | +0.3% | +0.1% | -1.0% | +0.7% | -0.1% | -0.5% |
| May 6 | Credit Suisse | Maintains | Outperform → Outperform | — | $67.42 | $67.77 | +0.5% | +1.5% | +0.3% | +0.4% | -2.4% | -2.8% |
| Apr 28 | Wells Fargo | Maintains | Equal Weight → Equal Weight | — | $68.12 | $68.41 | +0.4% | +0.1% | +0.9% | +0.3% | +0.0% | -0.5% |
| Mar 3 | Mizuho | Downgrade | Buy → Neutral | — | $59.96 | $59.00 | -1.6% | -0.9% | +0.8% | +4.4% | +2.6% | -0.9% |
| Jan 19 | Credit Suisse | Maintains | Outperform → Outperform | — | $61.97 | $62.50 | +0.9% | -1.6% | -0.0% | -1.2% | -1.8% | +3.3% |
| Nov 13 | BofA Securities | Upgrade | Neutral → Buy | — | $61.50 | $62.75 | +2.0% | +2.6% | +3.1% | -0.6% | -3.0% | -0.3% |
| Nov 2 | Credit Suisse | Maintains | Outperform → Outperform | — | $56.66 | $57.01 | +0.6% | +2.4% | +4.2% | -1.1% | +0.4% | -2.2% |
| Jul 2 | Mizuho | Maintains | Buy → Buy | — | $57.81 | $58.57 | +1.3% | +1.3% | +0.2% | -1.9% | +0.6% | -2.0% |
| May 22 | Mizuho | Maintains | Buy → Buy | — | $58.57 | $58.75 | +0.3% | +0.8% | +2.9% | +0.2% | +1.1% | +0.3% |
| May 21 | Sidoti & Co. | Upgrade | Neutral → Buy | — | $58.38 | $58.75 | +0.6% | +0.3% | +0.8% | +2.9% | +0.2% | +1.1% |
| May 19 | Credit Suisse | Upgrade | Neutral → Outperform | — | $59.26 | $60.00 | +1.2% | -1.7% | +0.2% | +0.3% | +0.8% | +2.9% |
| May 1 | Credit Suisse | Maintains | Neutral → Neutral | — | $61.94 | $60.62 | -2.1% | -3.6% | +0.3% | +0.2% | -2.9% | -0.1% |
| Apr 29 | BofA Securities | Downgrade | Buy → Neutral | — | $67.17 | $67.67 | +0.7% | -2.2% | -5.7% | -3.6% | +0.3% | +0.2% |
| Nov 6 | Wells Fargo | Maintains | Market Perform → Market Perform | — | $74.08 | $74.22 | +0.2% | +1.9% | -0.5% | -0.0% | -0.5% | +0.0% |
| Date | Insider | Title | Type | Shares | Price | Value | Owned After | D1% | D5% |
|---|---|---|---|---|---|---|---|---|---|
| May 27, 2026 | Otto Robert P | — | Sell | 4,109 | $74.22 | $305K | 10,885 | -0.37% | +0.60% |
8-K · 2.02
!! High
Black Hills Corporation -- 8-K 2.02: Earnings Results
Black Hills Corporation reported first-quarter 2026 earnings results on May 6, 2026, providing investors with updates on operational performance and financial condition across its energy business segments.
May 6
8-K
Black Hills Corporation -- 8-K Filing
Black Hills Corporation disclosed executive officer compensation details in its proxy statement filing, providing investors with transparency regarding management remuneration practices.
May 1
8-K · 8.01
!! High
Unknown — 8-K 8.01: Material Event / Announcement
Berkshire Hathaway's acquisition of Black Hills Energy is approved and moving forward, creating a major utility consolidation that could enhance operational efficiency and shareholder value through synergies.
Apr 3
8-K · 7.01
! Medium
Unknown — 8-K 7.01: Regulation FD Disclosure
BKH's merger with NorthWestern received shareholder approval, clearing a major regulatory hurdle and likely accelerating deal closure, which could reshape the combined utility's valuation and dividend profile.
Apr 2
8-K
Unknown — 8-K Filing
A senior executive overseeing significant regulated utility assets across multiple states suggests stable, predictable cash flows, which typically supports steady dividends and lower volatility for long-term utility investors.
Mar 24
8-K · 8.01
!! High
Black Hills Corporation -- 8-K 8.01: Material Event / Announcement
Black Hills Corporation's pending merger with NorthWestern Energy Group advances, combining two regional utility operators to create a larger integrated energy company serving multiple states.
Feb 19
8-K
Black Hills Corporation -- 8-K Filing
Black Hills Corporation reported fourth-quarter and full-year earnings results, with net income and diluted EPS figures indicating the company's operational performance for the period.
Feb 4
Institutional (13F) — Top 20
All ↗
| # | Manager | Shares | Value | Chg | Period |
|---|---|---|---|---|---|
| 1 | Vanguard Portfolio Management Llc | 5,039,870 | $350M | New | Mar 2026 |
| 2 | Vanguard Capital Management Llc | 3,369,588 | $234M | New | Mar 2026 |
| 3 | Capital Research Global Investors | 2,275,922 | $158M | — | Mar 2026 |
| 4 | Two Sigma Investments, Lp | 2,216,003 | $154M | Added | Mar 2026 |
| 5 | Point72 Asset Management | 1,943,215 | $135M | Added | Mar 2026 |
| 6 | Franklin Resources Inc | 1,576,371 | $109M | Added | Mar 2026 |
| 7 | Aqr Capital Management Llc | 1,595,595 | $109M | Added | Mar 2026 |
| 8 | Cohen & Steers, Inc. | 1,385,759 | $96M | Added | Dec 2025 |
| 9 | Morgan Stanley | 1,133,662 | $79M | Reduced | Dec 2025 |
| 10 | Invesco Ltd. | 1,060,663 | $74M | Added | Mar 2026 |
| 11 | Nuveen, Llc | 973,246 | $68M | Reduced | Mar 2026 |
| 12 | Northern Trust Corp | 944,294 | $66M | Added | Mar 2026 |
| 13 | Citadel Advisors Llc | 903,014 | $63M | Added | Mar 2026 |
| 14 | Bank Of America Corp /de/ | 899,963 | $62M | Added | Mar 2026 |
| 15 | Bank Of New York Mellon Corp | 784,251 | $54M | Reduced | Mar 2026 |
| 16 | First Trust Advisors Lp | 705,051 | $49M | Reduced | Mar 2026 |
| 17 | Victory Capital Management Inc | 685,095 | $48M | Reduced | Mar 2026 |
| 18 | Proshare Advisors Llc | 447,561 | $31M | Reduced | Mar 2026 |
| 19 | Jpmorgan Chase & Co | 410,555 | $28M | Reduced | Mar 2026 |
| 20 | Ubs Group Ag | 399,306 | $28M | Reduced | Mar 2026 |
Mutual Funds / ETFs (N-PORT) — Top 20
All ↗
Valuation
Market Cap
$5.54B
Enterprise Value
$9.84B
P/E (TTM)
18.28x
Forward P/E
16.72x
PEG Ratio
8.49x
P/B
1.36x
P/S
2.31x
P/FCF
-36.38x
EV/EBITDA
11.90x
Shares Out
73.2M
Financials (TTM)
Revenue
$2.31B
Net Income
$291.6M
EBITDA
$827.4M
Free Cash Flow
-$146.4M
Op Cash Flow
$673.4M
EPS Basic
$3.99
EPS Diluted
$3.98
EPS Forward
$4.35
Gross Margin
38.5%
Op Margin
23.3%
Net Margin
12.6%
Balance Sheet
Total Assets
$10.87B
Total Liab.
$6.96B
Total Equity
$3.91B
Cash
$182.8M
LT Debt
$4.70B
Book Value/Sh
$53.50
Debt/Equity
1.23x
Current Ratio
1.35
Quick Ratio
1.11
Returns & Growth
ROE
7.6%
ROA
2.7%
ROIC
4.6%
Rev Growth YoY
+8.6%
EPS Growth YoY
+2.1%
Price Returns
2W
-2.2%
1M
-3.3%
3M
-1.1%
6M
-1.3%
12M
+24.5%
Technicals
52W High
$78.69
52W Low
$55.50
50d MA
$73.74
200d MA
$69.71
RSI (14)
49.80
ATR (14)
$2.21
Beta
0.71
Avg Volume
1.1M
Dividends
Div Rate
$2.71
Div Yield
3.6%
Frequency
4
Ex-Div Date
Feb 17, 2026
Analyst Price Targets
Consensus
$86.00
High
$91.00
Low
$81.00
Median
$86.00
Data updated apr 24, 2026 9:49pm
· Source: financialmodelingprep.com