NYSE:BKH Black Hills (BKH) Stock Price, News & Analysis → Amazon's betting big on this unknown AI company (From Manward Press) (Ad) Free BKH Stock Alerts $56.93 +0.24 (+0.42%) (As of 03:45 PM ET) Add Compare Share Share Today's Range$56.77▼$57.4250-Day Range$51.19▼$57.6452-Week Range$46.43▼$65.28Volume222,324 shsAverage Volume534,830 shsMarket Capitalization$3.92 billionP/E Ratio14.02Dividend Yield4.57%Price Target$54.80 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Black Hills alerts: Email Address Black Hills MarketRank™ Stock AnalysisAnalyst RatingReduce1.80 Rating ScoreUpside/Downside4.0% Downside$54.80 Price TargetShort InterestBearish4.66% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-6.48Upright™ Environmental ScoreNews Sentiment0.75Based on 22 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.46 out of 5 starsUtilities Sector67th out of 89 stocksElectric Services Industry27th out of 41 stocks 0.9 Analyst's Opinion Consensus RatingBlack Hills has received a consensus rating of Reduce. The company's average rating score is 1.80, and is based on no buy ratings, 4 hold ratings, and 1 sell rating.Amount of Analyst CoverageBlack Hills has only been the subject of 2 research reports in the past 90 days.Read more about Black Hills' stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.66% of the outstanding shares of Black Hills have been sold short.Short Interest Ratio / Days to CoverBlack Hills has a short interest ratio ("days to cover") of 5.9.Change versus previous monthShort interest in Black Hills has recently increased by 7.72%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipBlack Hills is a leading dividend payer. It pays a dividend yield of 4.56%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthBlack Hills has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Black Hills is 64.04%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Black Hills' dividend. Previous Next 0.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreBlack Hills has received a -58.74% net impact score from Upright. The largest negative impact of Black Hills in category "GHG emissions" seems to be driven mostly by its "Retail for natural gas", "Electricity retailing", and "Natural gas distribution services" products. See details.Environmental SustainabilityThe Environmental Impact score for Black Hills is -6.48. Previous Next 3.8 News and Social Media Coverage News SentimentBlack Hills has a news sentiment score of 0.75. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 22 news articles for Black Hills this week, compared to 4 articles on an average week.Search Interest16 people have searched for BKH on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows5 people have added Black Hills to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Black Hills insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.63% of the stock of Black Hills is held by insiders.Percentage Held by Institutions86.71% of the stock of Black Hills is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Black Hills' insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Black Hills is 14.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.67.Price to Earnings Ratio vs. SectorThe P/E ratio of Black Hills is 14.06, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 83.74.Price to Book Value per Share RatioBlack Hills has a P/B Ratio of 1.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Black Hills' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Manward PressAmazon's betting big on this unknown AI companyAmazon's Betting Big on This Unknown AI Company Amazon has just made a stunning $144 million investment in one small AI company.Discover why this company About Black Hills Stock (NYSE:BKH)Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. The company operates in two segments: Electric Utilities and Gas Utilities. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 222,000 electric utility customers in Colorado, Montana, South Dakota, and Wyoming; and owns and operates 1,394 megawatts of generation capacity and 9,106 miles of electric transmission and distribution lines. The Gas Utilities segment distributes natural gas to approximately 1,116,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming; owns and operates 4,663 miles of intrastate gas transmission pipelines; 42,514 miles of gas distribution mains and service lines; seven natural gas storage sites; and approximately 50,000 horsepower of compression and 516 miles of gathering lines. It also constructs and maintains customer owned 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, the company produces electric power through wind, natural gas, and coal-fired generating plants; and coal at its coal mine located near Gillette, Wyoming. Black Hills Corporation was incorporated in 1941 and is headquartered in Rapid City, South Dakota.Read More BKH Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BKH Stock News HeadlinesMay 14 at 5:36 AM | americanbankingnews.comBlack Hills (NYSE:BKH) Given New $61.00 Price Target at Wells Fargo & CompanyMay 13 at 4:20 PM | globenewswire.comBlack Hills Corp. Announces Pricing of $450 Million Debt OfferingMay 11, 2024 | finance.yahoo.comWe Wouldn't Be Too Quick To Buy Black Hills Corporation (NYSE:BKH) Before It Goes Ex-DividendMay 10, 2024 | markets.businessinsider.comWells Fargo Reaffirms Their Hold Rating on Black Hills (BKH)May 10, 2024 | finance.yahoo.comBlack Hills Corp (BKH) Q1 2024 Earnings: Surpasses Analyst EPS EstimatesMay 10, 2024 | finance.yahoo.comBlack Hills Corporation (NYSE:BKH) Q1 2024 Earnings Call TranscriptMay 10, 2024 | finance.yahoo.comQ1 2024 Black Hills Corp Earnings CallMay 9, 2024 | msn.comBlack Hills declares $0.65 dividendMay 8, 2024 | markets.businessinsider.comBlack Hills Corp Profit Advances In Q1, Beats estimatesMay 8, 2024 | msn.comBKH Stock Earnings: Black Hills Beats EPS, Beats Revenue for Q1 2024May 8, 2024 | msn.comBlack Hills GAAP EPS of $1.87 beats by $0.15, revenue of $726.4MMay 8, 2024 | globenewswire.comBlack Hills Corp. Reports 2024 First-Quarter Results and Reaffirms 2024 Earnings GuidanceMay 5, 2024 | finance.yahoo.comPositive week for Black Hills Corporation (NYSE:BKH) institutional investors who lost 12% over the past yearMay 1, 2024 | globenewswire.comBlack Hills Corp. Natural Gas Utility Requests Rate Review in IowaApril 30, 2024 | msn.comVisiting the Black Hills this seasonApril 29, 2024 | fool.comThese 3 Dividend Payers Are Forever Stocks, Even if the Market CrumblesApril 26, 2024 | msn.comKOTA Territory News and Black Hills Regional Job Fair make donations for displaced Memorial Park Apartments residentsApril 26, 2024 | msn.com‘Black Hills Find Child Care’ website makes finding child care easierApril 22, 2024 | globenewswire.comBlack Hills Corp. Announces Quarterly DividendApril 21, 2024 | msn.comBlack Hills Indian Artist Market showcases unique Native American artworkApril 20, 2024 | fool.comForget NextEra Energy, Buy This Magnificent Dividend King InsteadApril 18, 2024 | globenewswire.comBlack Hills Corp. Recommends 400 MW of New Renewable Resources in ColoradoApril 18, 2024 | finance.yahoo.comShareholders May Not Be So Generous With Black Hills Corporation's (NYSE:BKH) CEO Compensation And Here's WhyApril 16, 2024 | finance.yahoo.comBlack Hills Corp. Confirms Details for its Annual Meeting of ShareholdersApril 13, 2024 | msn.comHideaway Hills gypsum mine sinkhole case reopensSee More Headlines Receive BKH Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Black Hills and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 3/1 Dividend2/15/2024Dividend Payable3/01/2024Last Earnings5/08/2024Today5/15/2024Ex-Dividend for 6/1 Dividend5/16/2024Dividend Payable6/01/2024Next Earnings (Estimated)8/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorUtilities Industry Electric services Sub-IndustryMulti-Utilities Current SymbolNYSE:BKH CUSIP09211310 CIK1130464 Webwww.blackhillscorp.com Phone(605) 721-1700Fax605-348-4748Employees2,874Year FoundedN/APrice Target and Rating Average Stock Price Target$54.80 High Stock Price Target$61.00 Low Stock Price Target$49.00 Potential Upside/Downside-3.2%Consensus RatingReduce Rating Score (0-4)1.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$4.06 Trailing P/E Ratio13.95 Forward P/E Ratio14.52 P/E GrowthN/ANet Income$262.20 million Net Margins12.92% Pretax Margin14.88% Return on Equity8.37% Return on Assets2.86% Debt Debt-to-Equity Ratio1.11 Current Ratio0.73 Quick Ratio0.61 Sales & Book Value Annual Sales$2.33 billion Price / Sales1.67 Cash Flow$7.74 per share Price / Cash Flow7.32 Book Value$49.65 per share Price / Book1.14Miscellaneous Outstanding Shares68,930,000Free Float68,499,000Market Cap$3.90 billion OptionableOptionable Beta0.64 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Linden R. Evans (Age 61)President, CEO & Director Comp: $2.87MMs. Kimberly F. Nooney (Age 52)Senior VP & CFO Comp: $1.11MMr. Erik D. Keller (Age 60)Senior VP & Chief Information Officer Comp: $764.12kMr. Brian G. Iverson (Age 61)Senior VP, General Counsel & Chief Compliance Officer Comp: $1.06MMs. Marne M. Jones (Age 50)Senior Vice President of Utilities Comp: $1.16MMr. Jerome E. NicholsDirector of Investor RelationsMs. Todd Jacobs (Age 55)Senior Vice President Growth and Strategy Ms. Amy K. Koenig (Age 50)VP of Governance, Corporate Secretary & Deputy General Counsel Mr. Courtney HebertVP, Corporate Controller & Chief Risk OfficerMr. Tom StevensVP & TreasurerMore ExecutivesKey CompetitorsOtter TailNASDAQ:OTTRCompanhia Paranaense de Energia - COPELNYSE:ELPEnel ChileNYSE:ENICPNM ResourcesNYSE:PNMAlgonquin Power & UtilitiesNYSE:AQNView All CompetitorsInstitutional OwnershipGabelli Funds LLCSold 1,100 shares on 5/15/2024Ownership: 0.666%Keeley Teton Advisors LLCSold 2,039 shares on 5/15/2024Ownership: 0.116%Price T Rowe Associates Inc. MDBought 5,906 shares on 5/15/2024Ownership: 0.065%Huber Capital Management LLCSold 3,281 shares on 5/15/2024Ownership: 0.027%Quadrature Capital LtdSold 1,228 shares on 5/15/2024Ownership: 0.018%View All Institutional Transactions BKH Stock Analysis - Frequently Asked Questions Should I buy or sell Black Hills stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Black Hills in the last twelve months. There are currently 1 sell rating and 4 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" BKH shares. View BKH analyst ratings or view top-rated stocks. What is Black Hills' stock price target for 2024? 5 Wall Street research analysts have issued twelve-month target prices for Black Hills' shares. Their BKH share price targets range from $49.00 to $61.00. On average, they predict the company's share price to reach $54.80 in the next twelve months. This suggests that the stock has a possible downside of 4.0%. View analysts price targets for BKH or view top-rated stocks among Wall Street analysts. How have BKH shares performed in 2024? Black Hills' stock was trading at $53.95 at the beginning of 2024. Since then, BKH stock has increased by 5.8% and is now trading at $57.09. View the best growth stocks for 2024 here. Are investors shorting Black Hills? Black Hills saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 3,210,000 shares, an increase of 7.7% from the April 15th total of 2,980,000 shares. Based on an average daily trading volume, of 539,900 shares, the days-to-cover ratio is presently 5.9 days. View Black Hills' Short Interest. When is Black Hills' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024. View our BKH earnings forecast. How were Black Hills' earnings last quarter? Black Hills Co. (NYSE:BKH) posted its quarterly earnings data on Wednesday, May, 8th. The utilities provider reported $1.87 EPS for the quarter, beating analysts' consensus estimates of $1.70 by $0.17. The utilities provider had revenue of $726.40 million for the quarter, compared to analysts' expectations of $683 million. Black Hills had a net margin of 12.92% and a trailing twelve-month return on equity of 8.37%. The firm's revenue for the quarter was down 21.1% compared to the same quarter last year. During the same quarter last year, the business earned $1.73 EPS. How often does Black Hills pay dividends? What is the dividend yield for Black Hills? Black Hills declared a quarterly dividend on Monday, April 22nd. Investors of record on Friday, May 17th will be given a dividend of $0.65 per share on Saturday, June 1st. This represents a $2.60 annualized dividend and a dividend yield of 4.55%. The ex-dividend date of this dividend is Thursday, May 16th. Read our dividend analysis for BKH. Is Black Hills a good dividend stock? Black Hills (NYSE:BKH) pays an annual dividend of $2.60 per share and currently has a dividend yield of 4.56%. BKH has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 64.04%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for BKH. What ETFs hold Black Hills' stock? ETFs with the largest weight of Black Hills (NYSE:BKH) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), Roundhill S&P Dividend Monarchs ETF (KNGS), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), Trajan Wealth Income Opportunities ETF (TWIO), Invesco High Yield Equity Dividend Achievers ETF (PEY), ProShares Russell US Dividend Growers ETF (TMDV), Nuveen Small Cap Select ETF (NSCS) and VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB). What guidance has Black Hills issued on next quarter's earnings? Black Hills updated its FY24 earnings guidance on Wednesday, May, 8th. The company provided earnings per share (EPS) guidance of $3.80-4.00 for the period, compared to the consensus estimate of $3.91. What is Linn Evans' approval rating as Black Hills' CEO? 9 employees have rated Black Hills Chief Executive Officer Linn Evans on Glassdoor.com. Linn Evans has an approval rating of 85% among the company's employees. What other stocks do shareholders of Black Hills own? Based on aggregate information from My MarketBeat watchlists, some companies that other Black Hills investors own include Verizon Communications (VZ), AT&T (T), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Altria Group (MO), United Technologies (UTX), Enterprise Products Partners (EPD), Coca-Cola (KO), Procter & Gamble (PG) and Bank of Hawaii (BOH). Who are Black Hills' major shareholders? Black Hills' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (12.01%), Capital Research Global Investors (2.16%), ProShare Advisors LLC (1.10%), Jupiter Asset Management Ltd. (0.71%), Gabelli Funds LLC (0.67%) and Principal Financial Group Inc. (0.44%). Insiders that own company stock include Rebecca B Roberts, Richard Kinzley, Stuart A Wevik and Stuart A Wevik. View institutional ownership trends. How do I buy shares of Black Hills? Shares of BKH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:BKH) was last updated on 5/15/2024 by MarketBeat.com Staff From Our PartnersThe “Next Bitcoin”? 10 CENT Crypto Set to ExplodeTrue Market InsidersForget the “Magnificent 7” Tech Companies, Buy This AI Stock InsteadBanyan Hill PublishingTop 5 Tech Stocks to Buy for 2024Daily Market AlertsAmazon's betting big on this unknown AI companyManward PressWith revenue forecasted to grow dramatically in 2024 and beyond, this company should be on your radarStocks NewsShocking $16T Elon Musk Crypto LeakCrypto 101 MediaBill Clinton Backing Biden Replacement???The Freeport SocietyBuy this small stock before coming AI Tidal WaveChaikin Analytics Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Black Hills Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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