Black Hills Corporation

NYSE:BKH Lagerbericht

Marktkapitalisierung: US$5.6b

Black Hills Vergangene Ertragsentwicklung

Vergangenheit Kriterienprüfungen 2/6

Black Hills verzeichnete einen durchschnittlichen jährlichen Gewinnzuwachs von 4%, während die Gewinne der Branche Integrated Utilities jährlich um gewachsen und zwar um 7.5%. Die Umsätze verzeichneten einen durchschnittlichen jährlichen Gewinnzuwachs von gewachsen von 2.5%. Die Eigenkapitalrendite von Black Hills beträgt 7.6% und die Nettomargen betragen 12.6%.

Wichtige Informationen

4.00%

Wachstumsrate der Gewinne

0.59%

EPS-Wachstumsrate

Integrated Utilities Wachstum der Industrie5.10%
Wachstumsrate der Einnahmen2.54%
Eigenkapitalrendite7.59%
Netto-Marge12.61%
Letzte Ertragsaktualisierung31 Mar 2026

Jüngste Aktualisierungen vergangener Leistungen

Recent updates

Seeking Alpha Apr 29

Black Hills: Plug Your Portfolio Into Strong Utility Returns

Summary Black Hills remains a "Buy," supported by a 56-year dividend growth streak and a BBB+ credit rating. BKH’s merger with NorthWestern Energy is progressing, with closure expected by the end of 2026 and significant EPS growth catalysts from data center demand and rate recovery. Shares are trading at a 6% discount to fair value, with a projected 10% annual total return and a forward dividend yield of 3.7%. Risks include regulatory hurdles for the NWE merger and potential cyber threats, but BKH’s financial strength and growth prospects remain robust. Read the full article on Seeking Alpha
Analyse-Update Apr 26

BKH: Merger Approval And Higher Margin Outlook Will Support Future Returns

Analysts have lifted the price target on Black Hills to $83.00 from $81.20, citing updated assumptions around fair value, profit margins, and future P/E expectations supported by recent upbeat research and rating changes. Analyst Commentary Bullish Takeaways Bullish analysts have raised price targets in several steps, which signals greater confidence in Black Hills' valuation relative to where the stock has been trading.
Analyse-Update Apr 10

BKH: Dividend Progress And Merger Approval Will Shape Balanced Future Returns

Analysts have made a small adjustment to the Black Hills price target to $81.20. This reflects updated assumptions around future revenue growth and profit margins following a series of recent target hikes and an upgrade from several firms.
Analyse-Update Mar 26

BKH: Dividend Momentum And Major Transmission Project Will Support Future Returns

Narrative Update The analyst price target for Black Hills has shifted from $80.50 to $81.25, reflecting recent target increases from multiple firms as analysts factor in revised assumptions for revenue, profit margins and future P/E expectations. Analyst Commentary Recent Street research on Black Hills centers on recalibrated price targets and an upgrade in rating, with analysts adjusting their views as they revisit assumptions for earnings power and valuation multiples.
Analyse-Update Mar 08

BKH: Dividend Increases And Project Completion Will Support Steady Future Return Profile

Analysts have increased their price targets on Black Hills by $2, reflecting updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E that remain broadly consistent with prior estimates. Analyst Commentary Recent Street research points to modest upward revisions in fair value estimates for Black Hills, with price targets adjusted by US$2.
Analyse-Update Feb 22

BKH: Dividend Growth And Project Execution Will Support Balanced Future Return Potential

Analysts have lifted their Black Hills price target by $2, citing updated expectations for revenue growth and profit margins, along with a slightly lower assumed future P/E multiple. Analyst Commentary Bullish Takeaways Bullish analysts point to updated revenue expectations as support for a slightly higher intrinsic value, even with a more conservative assumed P/E multiple.
Analyseartikel Feb 13

Black Hills (NYSE:BKH) Is Increasing Its Dividend To $0.703

Black Hills Corporation ( NYSE:BKH ) will increase its dividend from last year's comparable payment on the 1st of March...
Analyseartikel Feb 08

Earnings Report: Black Hills Corporation Missed Revenue Estimates By 7.0%

The analysts might have been a bit too bullish on Black Hills Corporation ( NYSE:BKH ), given that the company fell...
Analyse-Update Feb 07

BKH: Dividend Increase And Wyoming Project Completion Will Support Future Upside Potential

Analysts have lifted their fair value estimate for Black Hills from $75.75 to $80.50, pointing to updated assumptions around discount rates, revenue growth, profit margins, and future P/E as key drivers behind the higher price target. Analyst Commentary Bullish Takeaways Bullish analysts view the higher fair value estimate of $80.50 as better aligned with their updated discount rate assumptions, suggesting the shares may be more fairly priced against the company’s perceived risk profile.
Analyseartikel Jan 29

Black Hills' (NYSE:BKH) Upcoming Dividend Will Be Larger Than Last Year's

The board of Black Hills Corporation ( NYSE:BKH ) has announced that it will be paying its dividend of $0.703 on the...
Analyse-Update Jan 23

BKH: Ready Wyoming And Nebraska Settlement Will Support Measured Long Term Outlook

Analysts have nudged their price target on Black Hills slightly higher to around $75.75, with the change supported by updated fair value work and a modestly lower forward P/E assumption informed by recent Street research, including a $2 target move cited in BofA commentary. Analyst Commentary Bullish Takeaways Bullish analysts view the higher fair value work and the revised target around $75.75 as consistent with execution that they see as broadly in line with current expectations.
Analyse-Update Jan 09

BKH: Ready Wyoming And Nebraska Rate Case Will Support Steady Outlook

Analysts kept their fair value estimate for Black Hills steady at about $76.50 per share, citing only minor tweaks to discount rate, revenue growth, profit margin and forward P/E assumptions that did not materially shift their overall price target view. What's in the News Completed the 260 mile Ready Wyoming electric transmission project, a US$350 million expansion that connects Black Hills' electric systems in South Dakota and Wyoming.
Analyse-Update Dec 24

BKH: Nebraska Rate Settlement Will Support Steady Fundamentals And Future Multiples

Narrative Update on Black Hills Analyst Price Target The analyst price target for Black Hills has inched higher by approximately $1.50 to about $76.50 per share, as analysts modestly revise assumptions around discount rates, long term revenue growth, profit margins, and future valuation multiples. What's in the News Nebraska Public Service Commission unanimously approved a settlement for Black Hills Corp.’s natural gas utility subsidiary, authorizing recovery of over $453 million in system investments and operational costs since its 2020 general rate filing (regulatory filing).
Analyse-Update Dec 10

BKH: Future Multiples Will Likely Edge Higher While Fundamentals Stay Balanced

Analysts have modestly raised their price target on Black Hills to approximately $75.00 from about $73.50, reflecting slightly higher assumed future valuation multiples while keeping growth and margin expectations effectively unchanged. Valuation Changes Fair Value: increased slightly from approximately $73.50 to about $75.00 per share.
Analyse-Update Nov 26

BKH: Merger Integration Will Present Opportunities While Risks Remain Balanced

Analysts have maintained their price target for Black Hills at $73.50, citing stable financial outlooks and consistent performance metrics as the basis for their unchanged assessment. Valuation Changes Fair Value remains unchanged at $73.50 per share.
Analyse-Update Nov 09

BKH: Merger Will Bring Integration Opportunities And Potential Execution Risks Ahead

Analysts have raised their fair value price target for Black Hills from $69.75 to $73.50, citing the anticipated accretive effects and positive outlook resulting from the recently announced all-stock merger of equals. Analyst Commentary Following the announcement of the all-stock merger between Black Hills and NorthWestern Energy, analysts have weighed both the potential upsides and risks associated with the deal.
Analyse-Update Oct 26

Merger Of Equals Will Create A Leading Regional Utility Platform

The analyst fair value target for Black Hills has increased from $68.50 to $69.75, as analysts cite the positive impact of the recently announced all-stock merger of equals with NorthWestern Energy in their revised assessment. Analyst Commentary Analysts have provided updated perspectives on Black Hills in light of the proposed all-stock merger with NorthWestern Energy.
Analyse-Update Aug 26

Hyperscale Demand And Renewables Will Transform Future Energy

The consensus price target for Black Hills has increased to $68.50, primarily reflecting a sharp upward revision in forecast revenue growth despite a notable decline in net profit margin. What's in the News Black Hills and NorthWestern Energy Group announced an all-stock, tax-free merger to create a leading regional regulated utility with a pro forma market capitalization of approximately $7.8 billion; CEO Linn Evans will retire following transaction close.
Analyseartikel Jul 25

Earnings Working Against Black Hills Corporation's (NYSE:BKH) Share Price

Black Hills Corporation's ( NYSE:BKH ) price-to-earnings (or "P/E") ratio of 14.6x might make it look like a buy right...
Analyseartikel Jun 11

Return Trends At Black Hills (NYSE:BKH) Aren't Appealing

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Seeking Alpha Feb 21

Black Hills: Ka-Ching, Ka-Ching, Another Dividend King

Summary Black Hills Corporation is a Dividend King with a 55-year dividend growth streak, trading at an 18% discount to fair value. BKH's five-year capital spending plan increased to $4.7 billion, with a strong balance sheet and a BBB+ credit rating from S&P. The utility's diluted EPS grew 17.1% in Q4 2024, driven by higher revenue and lower operating expenses, projecting 4%-6% annual EPS growth. BKH offers a 4.6% forward dividend yield, with secure payouts and consistent dividend growth, making it an attractive investment for reliable income. Read the full article on Seeking Alpha
Seeking Alpha Jan 15

Black Hills Corporation: Double Digit Upside Potential

Summary I maintain my buy rating on Black Hills Corporation due to its solid dividend coverage, discounted valuation, and strong earnings projections for Q4 2024. BKH stock's starting dividend yield is 4.6%, higher than average, with over 53 years of consecutive raises, making it attractive for income-focused investors. Despite underperformance over the last decade, Black Hills' suppressed valuations present an opportunity to accumulate shares, especially with anticipated future interest rate cuts. BKH's fair value is estimated at $63.20 per share, indicating a potential upside of nearly 12%, supported by new customer rates and long-term growth projects. Read the full article on Seeking Alpha
Seeking Alpha Nov 21

Black Hills Is Still A Buyable Dividend King Now

Summary Black Hills Corporation has hiked its dividends paid to shareholders for 54 years straight. The electric and gas utility continues to expect 4% to 6% annual diluted EPS growth over the long run. Black Hills' interest coverage and debt-to-capital ratios point to a financially healthy business. Shares of the regulated utility could be trading 16% below fair value. BKH stock appears poised to deliver 35% cumulative total returns through 2026. Read the full article on Seeking Alpha
Seeking Alpha Nov 13

Why I Am Reducing Black Hills Stock From Buy To Hold

Summary Institutional Shareholder Services rated Black Hills Corporation's governance as superb with an overall score of 1, indicating low governance risk. Natural gas revenues are seasonally weather-dependent. Black Hills' beta is 0.68, showing less stock volatility compared to the overall market, typical for utilities. The stock price increase that has already occurred and a dividend rate less than Treasuries mean investors should wait for a more attractive (lower) entry point. Read the full article on Seeking Alpha
Seeking Alpha Sep 18

Black Hills: It's Not Too Late To Buy This Dividend King Now

Summary Black Hills Corporation stands out as a proven dividend grower. The gas and electric utility remains on track to meet its long-term growth targets. The company enjoys a BBB+ credit rating from S&P on a stable outlook. The utility appears to be priced at a 17% discount to fair value. Black Hills could be set up to produce 40%+ cumulative total returns by the end of 2026. Read the full article on Seeking Alpha
User avatar
Neue Analyse Sep 03

Investing In Renewable Resources And Innovative Energy Models

Investment in energy infrastructure and a move towards renewable resources supports future revenue growth and operational efficiencies.
Seeking Alpha Jul 11

Black Hills Corporation: The Time To Buy This Dividend King Is Now

Summary Black Hills Corporation's 54-year dividend growth streak is a testament to the quality of its business. The electric and natural gas utility is targeting 4% to 6% annual EPS growth, which looks to be within reason. BKH's interest coverage ratio is very strong for a regulated utility. Shares of the electric and gas utility could be trading at an 18% discount to fair value. BKH appears poised to generate 46% cumulative total returns through 2026. Read the full article on Seeking Alpha
Seeking Alpha Jun 07

Black Hills Corporation Continues As Solid Investment

Summary Black Hills Corporation has 1.34 million natural gas and electricity customers, with growth in its electric generation and utilities. The company's stock price is up 6% and its 4.8% dividend is attractive compared to the 10-year US Treasury rate. Black Hills is well-positioned to meet the growing demand for data centers with investments in transmission and a range of generation sources. Read the full article on Seeking Alpha

Aufschlüsselung der Einnahmen und Ausgaben

Wie Black Hills Geld verdient und ausgibt. Basierend auf den neuesten gemeldeten Einnahmen der letzten zwölf Monate.


Gewinn- und Umsatzhistorie

NYSE:BKH Einnahmen, Ausgaben und Erträge (USD Millions)
DatumEinnahmenGewinnAllgemeine und VerwaltungskostenF&E-Ausgaben
31 Mar 262,28628850
31 Dec 252,31029250
30 Sep 252,27228540
30 Jun 252,24328440
31 Mar 252,20728040
31 Dec 242,12827340
30 Sep 242,12225540
30 Jun 242,12827640
31 Mar 242,13727640
31 Dec 232,33126240
30 Sep 232,53125500
30 Jun 232,586245-10
31 Mar 232,64925500
31 Dec 222,55225800
30 Sep 222,32325700
30 Jun 222,241266-40
31 Mar 222,139258-10
31 Dec 211,949237-10
30 Sep 211,87324300
30 Jun 211,83923560
31 Mar 211,79323130
31 Dec 201,69722830
30 Sep 201,68822040
30 Jun 201,66719530
31 Mar 201,67418920
31 Dec 191,73519900
30 Sep 191,75821830
30 Jun 191,75522430
31 Mar 191,77723430
31 Dec 181,75426530
30 Sep 181,70824200
30 Jun 181,72225300
31 Mar 181,70825100
31 Dec 171,68019400
30 Sep 171,65521200
30 Jun 171,65319700
31 Mar 171,63617500
31 Dec 161,53913700
30 Sep 161,4274100
30 Jun 161,3661700
31 Mar 161,313-2600
31 Dec 151,26114200
30 Sep 151,3641700
30 Jun 151,3645400

Qualität der Erträge: BKH hat hohe Qualitätseinkünfte.

Wachsende Gewinnspanne: BKHDie aktuellen Gewinnspannen (12.6%) sind niedriger als im letzten Jahr (12.7%).


Analyse von freiem Cashflow und Gewinn


Analyse des Gewinnwachstums in der Vergangenheit

Ergebnisentwicklung: BKHIn den letzten 5 Jahren sind die Gewinne von 4% jährlich gestiegen.

Beschleunigtes Wachstum: BKHDas Gewinnwachstum des Unternehmens im letzten Jahr (3.1%) liegt unter seinem 5-Jahres-Durchschnitt (4% pro Jahr).

Erträge im Vergleich zur Industrie: BKH Das Gewinnwachstum im vergangenen Jahr (3.1%) übertraf nicht die Entwicklung der Branche Integrated Utilities 10.2% .


Eigenkapitalrendite

Hohe Eigenkapitalrendite: BKHDie Eigenkapitalrendite des Unternehmens (7.6%) wird als niedrig angesehen.


Kapitalrendite


Rendite auf das eingesetzte Kapital


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Unternehmensanalyse und Finanzdaten Status

DatenZuletzt aktualisiert (UTC-Zeit)
Unternehmensanalyse2026/05/07 19:46
Aktienkurs zum Tagesende2026/05/07 00:00
Gewinne2026/03/31
Jährliche Einnahmen2025/12/31

Datenquellen

Die in unserer Unternehmensanalyse verwendeten Daten stammen von S&P Global Market Intelligence LLC. Die folgenden Daten werden in unserem Analysemodell verwendet, um diesen Bericht zu erstellen. Die Daten sind normalisiert, was zu einer Verzögerung bei der Verfügbarkeit der Quelle führen kann.

PaketDatenZeitrahmenBeispiel US-Quelle *
Finanzdaten des Unternehmens10 Jahre
  • Gewinn- und Verlustrechnung
  • Kapitalflussrechnung
  • Bilanz
Konsensschätzungen der Analysten+3 Jahre
  • Finanzielle Vorausschau
  • Kursziele der Analysten
Marktpreise30 Jahre
  • Aktienkurse
  • Dividenden, Splits und Aktionen
Eigentümerschaft10 Jahre
  • Top-Aktionäre
  • Insiderhandel
Verwaltung10 Jahre
  • Das Führungsteam
  • Direktorium
Wichtige Entwicklungen10 Jahre
  • Ankündigungen des Unternehmens

* Beispiel für US-Wertpapiere, für nicht-US-amerikanische Wertpapiere werden gleichwertige regulatorische Formulare und Quellen verwendet.

Sofern nicht anders angegeben, beziehen sich alle Finanzdaten auf einen Jahreszeitraum, werden aber vierteljährlich aktualisiert. Dies wird als Trailing Twelve Month (TTM) oder Last Twelve Month (LTM) Daten bezeichnet. Erfahren Sie mehr.

Analysemodell und Schneeflocke

Einzelheiten zu dem Analysemodell, mit dem dieser Bericht erstellt wurde, finden Sie auf unserer Github-Seite. Außerdem bieten wir Leitfäden zur Verwendung unserer Berichte und Tutorials auf YouTube an.

Erfahren Sie mehr über das Weltklasse-Team, das das Simply Wall St-Analysemodell entworfen und entwickelt hat.

Metriken für Industrie und Sektor

Unsere Branchen- und Sektionskennzahlen werden alle 6 Stunden von Simply Wall St berechnet. Details zu unserem Verfahren finden Sie auf Github.

Analysten-Quellen

Black Hills Corporation wird von 14 Analysten beobachtet. 4 dieser Analysten hat die Umsatz- oder Gewinnschätzungen übermittelt, die als Grundlage für unseren Bericht dienen. Die von den Analysten übermittelten Daten werden im Laufe des Tages aktualisiert.

AnalystEinrichtung
James ThalackerBMO Capital Markets Equity Research
Edward DeAriasBMO Capital Markets Equity Research
Ross FowlerBofA Global Research