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BKH Overview

-
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
76.820
Open
76.070
VWAP
76.41
Vol
118.03K
Mkt Cap
5.79B
Low
75.990
Amount
9.02M
EV/EBITDA(TTM)
12.64
Total Shares
76.05M
EV
10.39B
EV/OCF(TTM)
15.42
P/S(TTM)
2.41
Black Hills Corporation is a customer-focused, growth-oriented utility company. It serves 1.35 million natural gas and electric utility customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming. Its segments include Electric Utilities and Gas Utilities. Its Electric Utilities segment generates, transmits and distributes electricity to approximately 225,000 electric utility customers in Colorado, Montana, South Dakota, and Wyoming. Its Electric Utilities own 1,394 megawatts of generation and 9,196 miles of electric transmission and distribution lines. Its Gas Utilities segment serves over 1,128,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming. Its Gas Utilities own and operate 4,648 miles of intrastate gas transmission pipelines and 44,524 miles of gas distribution mains and service lines, seven natural gas storage sites, over 50,000 horsepower of compression, and 516 miles of gathering lines.
Show More

Events Timeline

(ET)
2026-04-14
16:20:00
Major Averages Rise on Renewed U.S.-Iran Diplomacy Optimism
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2026-04-14
14:20:00
Black Hills Shares Rise $3.84 to $76.01
select
2026-04-14
14:20:00
Microsoft Plans to Purchase 3,200 Acres for Data Center in Wyoming
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link
2026-04-02 (ET)
2026-04-02
12:20:00
Black Hills Corp. and NorthWestern Energy Merger Approved by Shareholders
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News

Fool
8.5
03:06 AMFool
Utility Stocks Poised for New Growth Opportunities
  • New Revenue Catalyst: Utility companies are experiencing a new revenue source driven by increasing energy and resource demands from data centers, which could not only boost stock prices but also maintain or even grow dividend payouts, enhancing investor confidence.
  • Infrastructure Investment: American Electric Power plans to invest $72 billion in infrastructure over the next five years to support its operations and capitalize on the growth of the data center market, which is projected to rise from approximately $300 billion in 2026 to around $699 billion by 2034.
  • Strategic Merger: The merger between American Water Works and Essential Utilities will enable the combined entity to meet the demand for water and cooling solutions from data centers, with expectations that the new entity will continue to follow American Water's dividend growth targets, further enhancing market competitiveness.
  • M&A Potential: Black Hills is planning a merger with NorthWestern Energy Group, which, if approved, will create Bright Horizon Energy, expected to continue paying dividends with a current yield of 3.7%, the highest among the three highlighted companies, indicating strong cash flow and investment appeal.
NASDAQ.COM
7.5
03:04 AMNASDAQ.COM
Utility Companies Embrace New Revenue Growth Catalyst
  • Revenue Growth Potential: Utility companies have traditionally faced revenue growth constraints due to regulated pricing structures; however, the increasing demand from data centers is changing this dynamic, which is expected to drive sales growth and enhance stock prices.
  • Infrastructure Investment: American Electric Power plans to invest $72 billion in infrastructure over the next five years to support its operations and capitalize on the growth opportunities in the data center market, with the global data center market projected to grow from $300 billion in 2026 to $699 billion by 2034.
  • Strategic Merger: The merger between American Water Works and Essential Utilities will enable the company to meet the demand for water and cooling solutions from data centers, further strengthening its market position in the utility sector while maintaining a 2.5% dividend yield.
  • M&A Outlook: Black Hills' planned merger with NorthWestern Energy Group, if approved, will create Bright Horizon Energy, which is expected to continue paying a 3.7% dividend, further solidifying its competitive position in the electricity and natural gas markets.
Fool
8.5
04-13Fool
High Dividend Opportunities in AI Stocks
  • Qualcomm's AI Strategy: Qualcomm (QCOM) is positioning its Snapdragon mobile processors to enable AI capabilities in smartphones and laptops, with only 11% of U.S. smartphone users currently upgrading for AI features; however, as market demand grows, this will enhance Qualcomm's penetration into the data center processor space, supporting its streak of 23 consecutive years of dividend growth.
  • Oracle's Capital Expenditure: Oracle (ORCL) plans to spend $50 billion on capital expenditures in 2023, and despite its stock being down over 50% from its September peak, it expects annual revenue to grow from $67 billion to $225 billion by fiscal 2030, primarily driven by its AI cloud infrastructure, indicating strong future dividend growth potential.
  • Black Hills' Dividend Potential: Black Hills (BKH), a utility company with a market cap just over $5 billion, currently boasts a forward-looking dividend yield near 4%, and its strategic geographic presence allows it to meet the rising electricity demand from AI data centers, likely extending its 56-year streak of uninterrupted annual dividend increases.
  • Industry Consolidation Outlook: The upcoming merger between Black Hills and rival NorthWestern Energy is not expected to alter the investment thesis but may enhance fiscal efficiency through scale, thereby strengthening its competitive position in the growing AI-driven electricity demand market.
Newsfilter
8.5
04-02Newsfilter
Black Hills Corp and NorthWestern Energy Merger Approved by Shareholders
  • Shareholder Approval: Black Hills Corp and NorthWestern Energy received shareholder approval at their Special Shareholder Meetings, marking a significant milestone toward their planned merger into Bright Horizon Energy Corporation in the second half of 2026, which is expected to enhance market competitiveness and financial strength.
  • Strategic Importance of Merger: CEO Linn Evans of Black Hills Corp stated that the merger will increase scale and growth opportunities, thereby providing safer, more reliable, and affordable energy services, further solidifying their market position across eight states.
  • Pending Regulatory Approvals: While shareholder approval has been secured, the merger still requires federal and state regulatory approvals, including Hart-Scott-Rodino and FERC reviews, which may impact the timeline and execution of the merger.
  • Value for Customers and Communities: NorthWestern Energy CEO Brian Bird emphasized that the merger will combine two complementary utilities, expected to deliver long-term value to customers, shareholders, and the communities served, further promoting sustainable development.
Fool
8.5
03-02Fool
Think Investments Acquires Stake in Black Hills Corporation
  • New Investment Position: Think Investments initiated a new position in Black Hills Corporation (BKH) by acquiring 537,637 shares in Q4 2026, resulting in a stake value increase of $37.32 million at quarter-end, reflecting confidence in the company's growth potential.
  • Asset Allocation Significance: This acquisition accounts for 4.16% of Think Investments' reportable AUM in the 13F filing, indicating the growing importance of Black Hills within the fund's investment strategy.
  • Performance Metrics: Black Hills reported GAAP earnings of $3.98 per share and adjusted earnings of $4.10 per share for 2025, aligning with management's guidance midpoint, supported by customer growth and new rate recovery, with 2026 earnings guidance set at $4.25 to $4.45 per share.
  • Consistent Dividend Record: The company has increased its dividend for the 56th consecutive year, maintaining one of the longest payout streaks in the utility sector, appealing to long-term investors seeking stable cash flow and predictable earnings growth.
Globenewswire
8.5
02-22Globenewswire
Investor Rights Law Firm Investigates Multiple Companies
  • Merger Investigation: Halper Sadeh LLC is investigating the merger between Black Hills Corp. (NYSE: BKH) and NorthWestern Energy Group, Inc., where Black Hills shareholders will own approximately 56% of the combined entity upon completion, potentially impacting shareholder rights and future returns.
  • Cash Acquisition Analysis: Clearwater Analytics Holdings, Inc. (NYSE: CWAN) is being sold to Permira and Warburg Pincus for $24.55 per share in cash, a transaction that may not fully reflect the company's true value, prompting Halper Sadeh LLC to seek increased consideration to protect shareholder interests.
  • Legal Rights Reminder: European Wax Center, Inc. (NASDAQ: EWCZ) is being sold to General Atlantic for $5.80 per share in cash, with Halper Sadeh LLC urging shareholders to understand their legal rights and options to ensure fair treatment in the transaction.
  • Investor Protection Advocacy: Halper Sadeh LLC represents investors globally, focusing on combating securities fraud and corporate misconduct, having successfully recovered millions of dollars for defrauded investors, highlighting its crucial role in safeguarding investor rights.
Wall Street analysts forecast BKH stock price to rise
3 Analyst Rating
Wall Street analysts forecast BKH stock price to rise
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
72.00
Averages
81.00
High
87.00
Current: 0.000
sliders
Low
72.00
Averages
81.00
High
87.00
BMO Capital
Edward DeArias
Outperform
maintain
$84 -> $91
AI Analysis
2026-04-15
New
Reason
BMO Capital
Edward DeArias
Price Target
$84 -> $91
AI Analysis
2026-04-15
New
maintain
Outperform
Reason
BMO Capital analyst Edward DeArias raised the firm's price target on Black Hills (BKH) to $91 from $84 and keeps an Outperform rating on the shares after the stock jumped on reports that Microsoft (MSFT) is purchasing land to build a data center to be served by the company. Over time this opportunity with continued hyperscaler interest in the state should lengthen Black Hills' transformational growth, the analyst tells investors in a research note. The stock's current discount to the broader group is discounting management's execution on the current plan, the strong balance sheet, and the timely recovery mechanisms with the potential for incremental large load announcements and capital plan revisions, the firm added.
BofA
Ross Fowler
Neutral
maintain
$72 -> $76
2026-04-09
Reason
BofA
Ross Fowler
Price Target
$72 -> $76
2026-04-09
maintain
Neutral
Reason
BofA analyst Ross Fowler raised the firm's price target on Black Hills to $76 from $72 and keeps a Neutral rating on the shares. The firm maintains its FY26, FY27 and FY28 EPS estimates and cites updated peer group multiples for its raised target.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for BKH
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Valuation Metrics

The current forward P/E ratio for Black Hills Corp (BKH.N) is 17.48, compared to its 5-year average forward P/E of 15.71. For a more detailed relative valuation and DCF analysis to assess Black Hills Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
15.71
Current PE
17.48
Overvalued PE
17.72
Undervalued PE
13.70

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
11.00
Current EV/EBITDA
9.19
Overvalued EV/EBITDA
12.51
Undervalued EV/EBITDA
9.49

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.88
Current PS
1.81
Overvalued PS
2.20
Undervalued PS
1.57

Financials

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Whales Holding BKH

Z
Zimmer Partners, LP
Holding
BKH
+13.56%
3M Return
O
Old Republic International Corporation
Holding
BKH
+9.34%
3M Return
C
Crawford Investment Counsel, Inc.
Holding
BKH
+5.95%
3M Return
C
Covalis Capital LLP
Holding
BKH
+1.93%
3M Return
E
Engineers Gate Manager LP
Holding
BKH
+0.75%
3M Return
O
Ontario Teachers' Pension Plan Board
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Frequently Asked Questions

What is Black Hills Corp (BKH) stock price today?

The current price of BKH is 76.41 USD — it has increased 0.45

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

Black Hills Corporation is a customer-focused, growth-oriented utility company. It serves 1.35 million natural gas and electric utility customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming. Its segments include Electric Utilities and Gas Utilities. Its Electric Utilities segment generates, transmits and distributes electricity to approximately 225,000 electric utility customers in Colorado, Montana, South Dakota, and Wyoming. Its Electric Utilities own 1,394 megawatts of generation and 9,196 miles of electric transmission and distribution lines. Its Gas Utilities segment serves over 1,128,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming. Its Gas Utilities own and operate 4,648 miles of intrastate gas transmission pipelines and 44,524 miles of gas distribution mains and service lines, seven natural gas storage sites, over 50,000 horsepower of compression, and 516 miles of gathering lines.

What is the price predicton of BKH Stock?

Wall Street analysts forecast BKH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BKH is81.00 USD with a low forecast of 72.00 USD and a high forecast of 87.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Black Hills Corp (BKH)'s revenue for the last quarter?

Black Hills Corp revenue for the last quarter amounts to 635.50M USD, increased 6.43

What is Black Hills Corp (BKH)'s earnings per share (EPS) for the last quarter?

Black Hills Corp. EPS for the last quarter amounts to 1.39 USD, increased 1.46

How many employees does Black Hills Corp (BKH). have?

Black Hills Corp (BKH) has 2795 emplpoyees as of April 20 2026.

What is Black Hills Corp (BKH) market cap?

Today BKH has the market capitalization of 5.79B USD.