Black Hills Corporation's stock price has been experiencing a neutral trend recently, with significant support around the $58.45 mark. The latest candlestick chart shows a potential consolidation pattern, indicating a possible short-term upside.

Valuation Analysis:

Black Hills Corporation currently has a P/E ratio of 20.3, which is slightly above the industry average for utilities, typically around 18-20. This suggests that the stock might be fairly valued, but not significantly overvalued.

Sentiment and Analyst Ratings:

Analyst sentiment is mixed. While some analysts remain positive about Black Hills' ability to maintain its dividend growth, others express concerns about its valuation. Based on recent analyst ratings, Black Hills has a consensus hold rating, with a price target of $66, down from $67.

Dividend Analysis:

Black Hills Corporation has a strong history of dividend growth, with 55 consecutive annual increases. The current dividend yield is 4.37%, which is attractive for income-focused investors. The company's dividend payout ratio is sustainable, given its stable cash flows from regulated utility operations.

Conclusion:

Given the current market conditions and the stock's fundamentals, Black Hills Corporation (BKH) is a buy for income-focused investors seeking stable dividends and relatively low volatility. However, for growth-oriented investors, it may be better to wait for a clearer uptrend before entering the market.

What is price prediction 2025 for BKH Stock?

The price prediction for BKH stock in 2025 is expected to reach $62.27 to $63.45. This forecast is based on Fibonacci resistance levels and recent price action, where the stock is currently testing the upper resistance range. If the stock breaks above the current resistance, it could target higher levels, but a pullback to support around $59.18 is also possible if it fails to maintain upward momentum.

What is surpport and resistant level for BKH Stock?

The S1 support level for BKH Stock is $59.18 ,The R1 resistant level for BKH Stock is $61.48.

What is the current price of BKH Stock?

As of the end of day on 2025-03-19, the price of BKH Stock was $60.24.

What is the target price of BKH Stock?

The target price for BKH Stock according to analyst rating is 61.50, with the highest price target at 66.00 and the lowest at 59.00. Analysts have a Hold rating on BKH Stock overall.

What is the market cap of Black Hills Corp?

The market cap of BKH is $4.4B.

Is Black Hills Corp (BKH) overvalued?

Black Hills Corp (BKH) appears overvalued based on its high valuation metrics. Its P/E ratio of 47.34 and EV/EBITDA of 128.64% exceed industry averages, suggesting elevated pricing. While BKH offers a strong dividend yield of 4.37%, its payout ratio exceeds 100%, raising sustainability concerns. Recent Q4 results showed missed revenue targets despite positive net income, adding to valuation concerns. With a current price of $60.65, BKH may be overvalued given these factors.

What is Black Hills Corp (BKH)'s business?

Black Hills Corporation is a customer-focused, growth-oriented utility company. The Company serves 1.33 million natural gas and electric utility customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming. The Company has two segments. The Electric Utilities segment generates, transmits and distributes electricity to approximately 222,000 electric utility customers in Colorado, Montana, South Dakota and Wyoming. Its Electric Utilities own 1,394 megawatts of generation and 9,106 miles of electric transmission and distribution lines. Its Gas Utilities segment serves approximately 1,116,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska and Wyoming. Its Gas Utilities own and operate approximately 4663 miles of intrastate gas transmission pipelines and 42,514 miles of gas distribution mains and service lines, seven natural gas storage sites, more than 50,000 horsepower of compression and 516 miles of gathering lines.

What is price prediction 2030 for BKH Stock?

Black Hills Corporation (BKH) is expected to reach a stock price of $80 to $100 by 2030, driven by its strong dividend growth, expansion into data centers, and a growing customer base. The company's consistent dividend increases and a 4.4% yield make it attractive for income-focused investors. Analysts predict moderate growth, with a price target of $66, suggesting long-term potential.