BKH

Black Hills Corporation
NYSEUTILITIESUTILITIES - REGULATED GAS

Key Statistics

Market Cap
$5.58B
P/E Ratio
18.44
EPS
$3.97
Beta
0.69
52W High
$77.21
52W Low
$55.88
50-Day MA
$73.60
200-Day MA
$72.65
Dividend Yield
3.76%
Profit Margin
13.00%
Forward P/E
15.62
PEG Ratio
2.48

About Black Hills Corporation

Black Hills Corporation is a natural gas and electric utility company in the United States. The company is headquartered in Rapid City, South Dakota.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$2.30B
Gross Profit (TTM)$913.20M
EBITDA$839.20M
Operating Margin21.40%
Return on Equity7.96%
Return on Assets3.22%
Revenue/Share (TTM)$30.72
Book Value$51.71
Price-to-Book1.42
Price-to-Sales (TTM)2.43
EV/Revenue4.354
EV/EBITDA11.67
Quarterly Earnings Growth (YoY)31.60%
Quarterly Revenue Growth (YoY)3.10%
Shares Outstanding$76.25M
Float$75.88M
% Insiders0.48%
% Institutions104.43%

Historical Volatility

HV 10-Day
15.07%
HV 20-Day
14.99%
HV 30-Day
18.20%
HV 60-Day
19.28%
HV Rank
22.6%

Volatility is currently contracting

Analyst Ratings

Consensus ($84.80 target)
1
Strong Buy
4
Buy

Latest News

Black Hills: A 439 MW Utility With A Three GW Data Center Pipeline

Black Hills Corporation is rated Buy, supported by a robust 600 MW data center load from Microsoft and Meta already in the financial plan. BKH expects the initial 600 MW to drive over 10% of consolidated EPS growth from 2028, with minimal capital outlay required for this tranche. The remaining 2.5+ GW prospective pipeline, including a 1.8 GW hyperscale project, offers significant optionality but is not yet included in earnings estimates.

Seeking Alpha9/1/2026Positive
Black Hills Corp. Reports 2026 Second-Quarter Results and Reaffirms 2026 Earnings Guidance

Reaffirms 2026 adjusted earnings guidance in the range of $4.25 to $4.45 per share, excluding merger-related costs Served new all-time peak load at Wyoming Electric driven primarily by growing large-load demand Progressing toward completion of multiple definitive agreements for a 1.8 GW data center project in Wyoming Completed regulatory requirements to receive new wildfire liability protections in South Dakota and Wyoming On track to close merger with NorthWestern Energy pending approval from Montana as the final condition for closing RAPID CITY, S.D., Aug. 05, 2026 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced financial results for the second quarter ended June 30, 2026.

GlobeNewsWire8/5/2026Neutral
Dakota Gold Announces Leadership Changes as It Advances Its Richmond Hill Gold Project

Lead, South Dakota--(Newsfile Corp. - July 29, 2026) - Dakota Gold Corp. (NYSE American: DC) ("Dakota Gold" or the "Company") is pleased to announce leadership changes designed to support the Company's next phase of growth as it advances the Richmond Hill Gold Project ("Richmond Hill" or the "Project") through development and toward production. Dr. Robert Quartermain, C.M.

Newsfile Corp7/29/2026Neutral
Black Hills Corp. Announces Quarterly Dividend

RAPID CITY, S.D., July 28, 2026 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its board of directors declared a quarterly dividend on the common stock at a meeting held July 28, 2026.

GlobeNewsWire7/28/2026Neutral
Black Hills Corp. Schedules 2026 Second-Quarter Earnings Release and Conference Call

RAPID CITY, S.D., July 08, 2026 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2026 second-quarter earnings after the market closes Wednesday, Aug. 5, 2026, and will host a live conference call and webcast at 11 a.m. EDT on Thursday, Aug. 6, 2026, to discuss the company's financial results.

GlobeNewsWire7/8/2026Neutral
Dakota Gold Completes Pre-Feasibility Drilling and Releases Further Assay Results from the Richmond Hill Gold Project

Lead, South Dakota--(Newsfile Corp. - July 6, 2026) - Dakota Gold Corp. (NYSE American: DC) ("Dakota Gold" or the "Company") is pleased to report additional assay results from its 2026 Drill Campaign at the Richmond Hill Oxide Heap Leach Gold Project ("Richmond Hill" or the "Project"). The 2026 Drill Campaign is now complete, and totalled 17,273 meters of infill, expansion, and geotechnical drilling across 112 holes.

Newsfile Corp7/6/2026Neutral
Black Hills Corp. Releases 2025 Corporate Sustainability Report Highlighting Continued Progress on Goals and Customer-focused Solutions

RAPID CITY, S.D., June 24, 2026 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced the release of its 2025 Corporate Sustainability Report, highlighting continued progress toward emissions reduction goals, strategic infrastructure investments and innovative solutions to deliver safe, reliable and cost-effective energy across the communities it serves.

GlobeNewsWire6/24/2026Neutral
Unlocking Growth Through A Merger: Black Hills Corporation

Black Hills Corporation is reaffirmed as a Buy, trading at a 12% discount to a $82 fair value estimate. The merger with NorthWestern Energy is on track for 2026, enhancing BKH's growth profile and asset footprint. BKH projects robust adjusted EPS growth of 6.3% annually, supported by secular demand drivers and a $4.7B capex plan.

Seeking Alpha6/22/2026Positive
Black Hills Corp. Requests Rate Review in Colorado

RAPID CITY, S.D., June 12, 2026 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Colorado electric utility has filed a rate review application with the Colorado Public Utilities Commission requesting recovery of the necessary capital infrastructure and operational costs required to deliver safe, reliable electric service to over 102,000 customers in Southern Colorado.

GlobeNewsWire6/12/2026Neutral

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Data last updated: 9/7/2026