Black Hills (BKH) Aperçu de l'action
Black Hills Corporation, par l'intermédiaire de ses filiales, est une entreprise de services publics d'électricité et de gaz naturel aux États-Unis. Plus de détails
| Score flocon de neige | |
|---|---|
| Évaluation | 4/6 |
| Croissance future | 3/6 |
| Performances passées | 5/6 |
| Santé financière | 1/6 |
| Dividendes | 4/6 |
Récompenses
Analyse des risques
BKH Community Fair Values
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Analyst Price Targets
Black Hills Corporation Concurrents
Historique des prix et performances
| Historique des cours de bourse | |
|---|---|
| Prix actuel de l'action | US$70.45 |
| Plus haut sur 52 semaines | US$78.69 |
| Plus bas sur 52 semaines | US$58.32 |
| Bêta | 0.69 |
| Variation sur 1 mois | -3.74% |
| Variation sur 3 mois | -3.16% |
| Variation sur 1 an | 20.20% |
| Variation sur 3 ans | 31.27% |
| Variation sur 5 ans | 12.07% |
| Évolution depuis l'introduction en bourse | 2,315.43% |
Nouvelles et mises à jour récentes
Recent updates
Mise à jour du récit • Sep 07
BKH: Merger And Data Center Pipeline Are Expected To Drive Future Returns
Analysts lifted their fair value estimate for Black Hills by about $1.40 to roughly $84.80, citing updated assumptions on revenue growth, margins and the planned all-stock merger with NorthWestern Energy as the key drivers behind the higher target. Analyst Commentary Recent research on Black Hills centers on the pending all stock merger with NorthWestern Energy and how the combined utility could affect earnings quality, scale and balance sheet strength.Mise à jour du récit • Jun 25
BKH: Merger With NorthWestern And Data Center Projects Are Expected To Support Returns
Analysts have nudged their average fair value estimate for Black Hills slightly higher to about $83 from roughly $83, pointing to a series of recent price target increases that highlight perceived benefits from the pending all stock merger, including greater scale, a stronger balance sheet, broader jurisdictional diversity, and an expanded infrastructure pipeline across data centers, transmission, generation, and gas. Analyst Commentary Recent research around Black Hills centers on how the pending all stock merger could influence valuation, balance sheet strength, and growth opportunities tied to regulated infrastructure projects.Seeking Alpha • Jun 22
Unlocking Growth Through A Merger: Black Hills Corporation
Summary 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. Dividend safety is strong, with a 3.9% yield, a 56-year growth streak, and a payout ratio in the mid-60% range. Read the full article on Seeking AlphaMise à jour du récit • Jun 07
BKH: Stable Earnings Profile And Plan Execution Are Expected To Support Returns
Analysts have raised their average price target for Black Hills by about $7 to roughly $82, citing recent target increases from several firms and favorable views on the company’s earnings potential and valuation. Analyst Commentary Bullish Takeaways Bullish analysts highlight the recent target increases, including moves to about US$82, as a sign that they see the stock’s current valuation as reasonable relative to the company’s earnings potential.Mise à jour du récit • May 17
BKH: Higher Margin Outlook And P/E Assumptions Are Expected To Support Returns
Analysts have raised their average price target for Black Hills to $83, citing updated assumptions around revenue growth, profit margins, and a slightly adjusted P/E outlook. This revision is supported by a series of recent target hikes and rating upgrades from major firms.Mise à jour du récit • 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.Mise à jour du récit • 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.Mise à jour du récit • 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.Mise à jour du récit • 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.Mise à jour du récit • 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.Article d’analyse • 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...Article d’analyse • 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...Mise à jour du récit • 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.Article d’analyse • 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...Mise à jour du récit • 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.Mise à jour du récit • 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.Mise à jour du récit • 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).Mise à jour du récit • 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.Mise à jour du récit • 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.Mise à jour du récit • 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.Mise à jour du récit • 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.Mise à jour du récit • 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.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 AlphaSeeking 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 AlphaSeeking 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 AlphaSeeking 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 AlphaSeeking 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
Nouveau récit • 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.Rendement pour les actionnaires
| BKH | US Integrated Utilities | US Marché | |
|---|---|---|---|
| 7D | -1.2% | -2.2% | -0.2% |
| 1Y | 20.2% | -0.1% | 11.9% |
Rendement vs Industrie: BKH a dépassé le secteur US Integrated Utilities qui a rapporté -0.1 % au cours de l'année écoulée.
Rendement vs marché: BKH a dépassé le marché US qui a rapporté 11.9 % au cours de l'année écoulée.
Volatilité des prix
| BKH volatility | |
|---|---|
| BKH Average Weekly Movement | 2.7% |
| Integrated Utilities Industry Average Movement | 2.5% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in US Market | 15.0% |
| 10% least volatile stocks in US Market | 2.9% |
Cours de l'action stable: BKH n'a pas connu de volatilité de prix significative au cours des 3 derniers mois par rapport au marché US.
Volatilité au fil du temps: La volatilité hebdomadaire de BKH ( 3% ) est restée stable au cours de l'année écoulée.
À propos de l'entreprise
| Fondée | Salariés | PDG | Site web |
|---|---|---|---|
| 1941 | 2,795 | Linn Evans | ir.blackhillscorp.com |
Black Hills Corporation, par l'intermédiaire de ses filiales, est une entreprise de services publics d'électricité et de gaz naturel aux États-Unis. La société exerce ses activités par l'intermédiaire des segments Electric Utilities et Gas Utilities. Le segment Electric Utilities s'occupe de la production, du transport et de la distribution d'électricité aux clients du Colorado, du Montana, du Dakota du Sud et du Wyoming ; de la propriété et de l'exploitation d'une capacité de production de 1 386 mégawatts et de 9 478 miles de lignes de transport et de distribution d'électricité ; de la vente d'électricité excédentaire à d'autres services publics et sociétés de commercialisation ; et de la propriété et de l'exploitation d'actifs miniers et de production d'électricité non réglementés.
Black Hills Corporation Résumé des fondamentaux
| BKH statistiques fondamentales | |
|---|---|
| Capitalisation boursière | US$5.44b |
| Bénéfices(TTM) | US$299.10m |
| Recettes(TTM) | US$2.30b |
18.0x
Ratio P/E2.3x
Ratio P/SLe site BKH est-il surévalué ?
Voir Juste valeur et analyse de l'évaluationBénéfices et recettes
| BKH compte de résultat (TTM) | |
|---|---|
| Recettes | US$2.30b |
| Coût des recettes | US$1.39b |
| Marge brute | US$913.20m |
| Autres dépenses | US$614.10m |
| Les revenus | US$299.10m |
Derniers bénéfices déclarés
Jun 30, 2026
Prochaine date de publication des résultats
s/o
| Résultat par action (EPS) | 3.92 |
| Marge brute | 39.72% |
| Marge bénéficiaire nette | 13.01% |
| Ratio dettes/capitaux propres | 111.7% |
Quelles ont été les performances à long terme de BKH?
Voir les performances historiques et les comparaisonsDividendes
4.0%
Rendement actuel des dividendes69%
Ratio de distributionAnalyse de l'entreprise et données financières
| Données | Dernière mise à jour (heure UTC) |
|---|---|
| Analyse de l'entreprise | 2026/09/18 13:34 |
| Cours de l'action en fin de journée | 2026/09/18 00:00 |
| Les revenus | 2026/06/30 |
| Revenus annuels | 2025/12/31 |
Sources de données
Les données utilisées dans notre analyse de l'entreprise proviennent de S&P Global Market Intelligence LLC. Les données suivantes sont utilisées dans notre modèle d'analyse pour générer ce rapport. Les données sont normalisées, ce qui peut entraîner un délai avant que la source ne soit disponible.
| Paquet | Données | Cadre temporel | Exemple de source américaine * |
|---|---|---|---|
| Finances de l'entreprise | 10 ans |
| |
| Estimations consensuelles des analystes | +3 ans |
|
|
| Prix du marché | 30 ans |
| |
| Propriété | 10 ans |
| |
| Gestion | 10 ans |
| |
| Principaux développements | 10 ans |
|
* Exemple pour les titres américains ; pour les titres non américains, des formulaires réglementaires et des sources équivalentes sont utilisés.
Sauf indication contraire, toutes les données financières sont basées sur une période annuelle mais mises à jour trimestriellement. C'est ce qu'on appelle les données des douze derniers mois (TTM) ou des douze derniers mois (LTM). En savoir plus.
Modèle d'analyse et flocon de neige
Les détails du modèle d’analyse utilisé pour générer ce rapport sont disponibles sur notre page Github ; nous proposons également des guides sur la façon d’utiliser nos rapports et des tutoriels sur YouTube.
Découvrez l' qui a conçu et construit le modèle d'analyse Simply Wall St.
Indicateurs de l'industrie et du secteur
Nos indicateurs de secteur et de section sont calculés toutes les 6 heures par Simply Wall St. Les détails de notre processus sont disponibles sur Github.
Sources des analystes
Black Hills Corporation est couverte par 14 analystes. 4 de ces analystes ont soumis les estimations de revenus ou de bénéfices utilisées comme données d'entrée dans notre rapport. Les soumissions des analystes sont mises à jour tout au long de la journée.
| Analyste | Institution |
|---|---|
| Edward DeArias | BMO Capital Markets Equity Research |
| James Thalacker | BMO Capital Markets Equity Research |
| Ross Fowler | BofA Global Research |