Black Hills Corporation

NYSE:BKH Stok Raporu

Piyasa değeri: US$5.4b

Black Hills Geçmiş Kazanç Performansı

Geçmiş kriter kontrolleri 5/6

Black Hills yıllık ortalama 4% oranında kazançlarını artırırken, Integrated Utilities sektöründe kazançlar growing at 8.5% annual. Gelirler growing yılda ortalama 1.6% oranında artmaktadır. Black Hills'in özkaynak karlılığı 7.7% ve net marjı 13%'dir.

Anahtar bilgiler

3.99%

Kazanç büyüme oranı

0.38%

EPS büyüme oranı

Integrated Utilities Sektör Büyümesi5.10%
Gelir büyüme oranı1.61%
Özkaynak getirisi7.66%
Net Marj13.01%
Son Kazanç Güncellemesi30 Jun 2026

Yakın geçmiş performans güncellemeleri

Recent updates

Anlatı Güncellemesi • 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.
Anlatı Güncellemesi • 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 Alpha
Anlatı Güncellemesi • 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.
Anlatı Güncellemesi • 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.
Anlatı Güncellemesi • 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.
Anlatı Güncellemesi • 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.
Anlatı Güncellemesi • 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.
Anlatı Güncellemesi • 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.
Anlatı Güncellemesi • 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.
Analiz Makalesi • 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...
Analiz Makalesi • 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...
Anlatı Güncellemesi • 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.
Analiz Makalesi • 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...
Anlatı Güncellemesi • 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.
Anlatı Güncellemesi • 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.
Anlatı Güncellemesi • 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).
Anlatı Güncellemesi • 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.
Anlatı Güncellemesi • 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.
Anlatı Güncellemesi • 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.
Anlatı Güncellemesi • 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.
Anlatı Güncellemesi • 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 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
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Yeni Anlatı • 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.

Gelir ve Gider Dağılımı

Black Hills nasıl para kazanır ve harcar. LTM bazında en son bildirilen kazançlara dayanmaktadır.

Kazanç ve Gelir Geçmişi

NYSE:BKH Gelir, gider ve kazançlar (USD Millions )
TarihGelirKazançlarG+A GiderleriAr-Ge Giderleri
30 Jun 262,29929950
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

Kaliteli Kazançlar: BKH yüksek kaliteli kazançlar sağlıyor.

Büyüyen Kar Marjı: BKH 'nin mevcut net kar marjları (13%) geçen yılın (12.7%) sinden daha yüksektir.

Serbest Nakit Akışı ve Kazanç Analizi

Geçmiş Kazanç Büyüme Analizi

Kazanç Eğilimi: BKH şirketinin kazancı son 5 yılda yılda 4% oranında arttı.

Büyüme Hızlandırma: BKH 'un son bir yıldaki kazanç büyümesi ( 5.2% ) 5 yıllık ortalamasını (yıllık 4% ) aşıyor.

Kazançlar vs. Sektör: BKH geçen yılki kazanç büyümesi ( 5.2% ) Integrated Utilities sektörünün 2.4% değerini aştı.

Özkaynak Getirisi

Yüksek ROE: BKH 'nin Özsermaye Getirisi ( 7.7% ) düşük olarak değerlendiriliyor.

Varlık Getirisi

Kullanılan Sermaye Getirisi

Geçmişte güçlü performans gösteren şirketleri keşfedin

7D

1Y

7D

1Y

7D

1Y

Şirket Analizi ve Finansal Veri Durumu

VeriSon Güncelleme (UTC saati)
Şirket Analizi2026/09/20 10:55
Gün Sonu Hisse Fiyatı2026/09/18 00:00
Kazançlar2026/06/30
Yıllık Kazançlar2025/12/31

Veri Kaynakları

Şirket analizimizde kullanılan veriler S&P Global Market Intelligence LLC'den alınmıştır. Bu raporu oluşturmak için analiz modelimizde aşağıdaki veriler kullanılmıştır. Veriler normalize edilmiştir, bu da kaynağın mevcut olmasından kaynaklanan bir gecikmeye neden olabilir.

PaketVeriZaman ÇerçevesiÖrnek ABD Kaynağı *
Şirket Finansalları10 yıl
  • Gelir tablosu
  • Nakit akış tablosu
  • Bilanço
Analist Konsensüs Tahminleri+3 yıl
  • Finansal tahminler
  • Analist fiyat hedefleri
Piyasa Fiyatları30 yıl
  • Hisse senedi fiyatları
  • Temettüler, Bölünmeler ve Eylemler
Sahiplik10 yıl
  • En büyük hissedarlar
  • İçeriden öğrenenlerin ticareti
Yönetim10 yıl
  • Liderlik ekibi
  • Yönetim Kurulu
Önemli Gelişmeler10 yıl
  • Şirket duyuruları

* ABD menkul kıymetleri için örnek, ABD dışı için eşdeğer düzenleyici formlar ve kaynaklar kullanılmıştır.

Belirtilmediği sürece tüm finansal veriler yıllık bir döneme dayanmaktadır ancak üç ayda bir güncellenmektedir. Bu, İzleyen On İki Ay (TTM) veya Son On İki Ay (LTM) Verileri olarak bilinir. Daha fazla bilgi edinin.

Analiz Modeli ve Kar Tanesi

Bu raporu oluşturmak için kullanılan analiz modelinin ayrıntılarına Github sayfamızdan ulaşabilirsiniz; ayrıca raporlarımızı nasıl kullanacağınıza dair kılavuzlarımız ve YouTube’da eğitim videolarımız da bulunmaktadır.

Simply Wall St analiz modelini tasarlayan ve oluşturan hakkında bilgi edinin.

Endüstri ve Sektör Metrikleri

Sektör ve bölüm metriklerimiz Simply Wall St tarafından her 6 saatte bir hesaplanmaktadır, sürecimizin ayrıntıları Github'da mevcuttur.

Analist Kaynakları

Black Hills Corporation 14 Bu analistlerden 4, raporumuzun girdisi olarak kullanılan gelir veya kazanç tahminlerini sunmuştur. Analistlerin gönderimleri gün boyunca güncellenmektedir.

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