Black Hills 향후 성장
Future 기준 점검 4/6
Black Hills (는) 각각 연간 21.1% 및 11.7% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 8.2% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 8.9% 로 예상됩니다.
핵심 정보
21.1%
이익 성장률
8.21%
EPS 성장률
| Integrated Utilities 이익 성장 | 12.5% |
| 매출 성장률 | 11.7% |
| 향후 자기자본이익률 | 8.95% |
| 애널리스트 커버리지 | Low |
| 마지막 업데이트 | 08 May 2026 |
최근 향후 성장 업데이트
Recent updates
내러티브 업데이트 • 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.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 Alpha내러티브 업데이트 • 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.내러티브 업데이트 • 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.내러티브 업데이트 • 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.내러티브 업데이트 • 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.내러티브 업데이트 • 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.분석 기사 • 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...분석 기사 • 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...내러티브 업데이트 • 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.분석 기사 • 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...내러티브 업데이트 • 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.내러티브 업데이트 • 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.내러티브 업데이트 • 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).내러티브 업데이트 • 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.내러티브 업데이트 • 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.내러티브 업데이트 • 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.내러티브 업데이트 • 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.내러티브 업데이트 • 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.분석 기사 • 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...분석 기사 • 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 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
새로운 내러티브 • 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 AlphaSeeking 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 Alpha이익 및 매출 성장 예측
| 날짜 | 매출 | 이익 | 자유현금흐름 | 영업현금흐름 | 평균 애널리스트 수 |
|---|---|---|---|---|---|
| 12/31/2028 | 3,596 | 564 | N/A | 812 | 2 |
| 12/31/2027 | 3,219 | 453 | N/A | 762 | 3 |
| 12/31/2026 | 2,499 | 332 | N/A | 716 | 3 |
| 3/31/2026 | 2,286 | 288 | -312 | 622 | N/A |
| 12/31/2025 | 2,310 | 292 | -146 | 673 | N/A |
| 9/30/2025 | 2,272 | 285 | -105 | 659 | N/A |
| 6/30/2025 | 2,243 | 284 | -102 | 672 | N/A |
| 3/31/2025 | 2,207 | 280 | -7 | 714 | N/A |
| 12/31/2024 | 2,128 | 273 | -25 | 719 | N/A |
| 9/30/2024 | 2,122 | 255 | 90 | 755 | N/A |
| 6/30/2024 | 2,128 | 276 | 167 | 803 | N/A |
| 3/31/2024 | 2,137 | 276 | 236 | 849 | N/A |
| 12/31/2023 | 2,331 | 262 | 389 | 944 | N/A |
| 9/30/2023 | 2,531 | 255 | 287 | 847 | N/A |
| 6/30/2023 | 2,586 | 245 | 176 | 748 | N/A |
| 3/31/2023 | 2,649 | 255 | 63 | 649 | N/A |
| 12/31/2022 | 2,552 | 258 | -20 | 585 | N/A |
| 9/30/2022 | 2,323 | 257 | -71 | 574 | N/A |
| 6/30/2022 | 2,241 | 266 | -24 | 628 | N/A |
| 3/31/2022 | 2,139 | 258 | -82 | 586 | N/A |
| 12/31/2021 | 1,949 | 237 | -742 | -65 | N/A |
| 9/30/2021 | 1,873 | 243 | -752 | -22 | N/A |
| 6/30/2021 | 1,839 | 235 | -756 | -17 | N/A |
| 3/31/2021 | 1,793 | 231 | -778 | -36 | N/A |
| 12/31/2020 | 1,697 | 228 | -226 | 542 | N/A |
| 9/30/2020 | 1,688 | 220 | -223 | 539 | N/A |
| 6/30/2020 | 1,667 | 195 | -324 | 525 | N/A |
| 3/31/2020 | 1,674 | 189 | -325 | 522 | N/A |
| 12/31/2019 | 1,735 | 199 | N/A | 506 | N/A |
| 9/30/2019 | 1,758 | 218 | N/A | 496 | N/A |
| 6/30/2019 | 1,755 | 224 | N/A | 468 | N/A |
| 3/31/2019 | 1,777 | 234 | N/A | 495 | N/A |
| 12/31/2018 | 1,754 | 265 | N/A | 489 | N/A |
| 9/30/2018 | 1,708 | 242 | N/A | 488 | N/A |
| 6/30/2018 | 1,722 | 253 | N/A | 476 | N/A |
| 3/31/2018 | 1,708 | 251 | N/A | 451 | N/A |
| 12/31/2017 | 1,680 | 194 | N/A | 428 | N/A |
| 9/30/2017 | 1,655 | 212 | N/A | 431 | N/A |
| 6/30/2017 | 1,653 | 197 | N/A | 400 | N/A |
| 3/31/2017 | 1,636 | 175 | N/A | 334 | N/A |
| 12/31/2016 | 1,539 | 137 | N/A | 320 | N/A |
| 9/30/2016 | 1,427 | 41 | N/A | 268 | N/A |
| 6/30/2016 | 1,366 | 17 | N/A | 353 | N/A |
| 3/31/2016 | 1,313 | -26 | N/A | 406 | N/A |
| 12/31/2015 | 1,261 | 142 | N/A | 424 | N/A |
| 9/30/2015 | 1,364 | 17 | N/A | 450 | N/A |
| 6/30/2015 | 1,364 | 54 | N/A | 404 | N/A |
애널리스트 향후 성장 전망
수입 대 저축률: BKH 의 연간 예상 수익 증가율(21.1%)이 saving rate(3.5%)보다 높습니다.
수익 vs 시장: BKH 의 연간 수익(21.1%)이 US 시장(16.8%)보다 빠르게 성장할 것으로 예상됩니다.
고성장 수익: BKH 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.
수익 대 시장: BKH 의 수익(연간 11.7%)이 US 시장(연간 11.6%)보다 빠르게 성장할 것으로 예상됩니다.
고성장 매출: BKH 의 수익(연간 11.7%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.
주당순이익 성장 예측
향후 자기자본이익률
미래 ROE: BKH의 자본 수익률은 3년 후 8.9%로 낮을 것으로 예상됩니다.
성장 기업 찾아보기
기업 분석 및 재무 데이터 상태
| 데이터 | 최종 업데이트 (UTC 시간) |
|---|---|
| 기업 분석 | 2026/05/20 03:20 |
| 종가 | 2026/05/20 00:00 |
| 수익 | 2026/03/31 |
| 연간 수익 | 2025/12/31 |
데이터 소스
당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.
| 패키지 | 데이터 | 기간 | 미국 소스 예시 * |
|---|---|---|---|
| 기업 재무제표 | 10년 |
| |
| 분석가 컨센서스 추정치 | +3년 |
|
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| 시장 가격 | 30년 |
| |
| 지분 구조 | 10년 |
| |
| 경영진 | 10년 |
| |
| 주요 개발 | 10년 |
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* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.
별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.
분석 모델 및 스노우플레이크
이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.
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산업 및 섹터 지표
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분석가 소스
Black Hills Corporation는 14명의 분석가가 다루고 있습니다. 이 중 4명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
| 분석가 | 기관 |
|---|---|
| James Thalacker | BMO Capital Markets Equity Research |
| Edward DeArias | BMO Capital Markets Equity Research |
| Ross Fowler | BofA Global Research |