BKH - Black Hills Corp Stock Price, Fair Value and News

57.01USD-0.04 (-0.07%)Market Closed

Market Summary

USD57.01-0.04

Market Closed

-0.07%

BKH Alerts

Big fall in Revenue (Y/Y)

Big fall in earnings (Y/Y)

BKH Stock Price

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BKH RSI Chart

BKH Valuation

Market Cap

3.9B

Price/Earnings (Trailing)

25.87

Price/Sales (Trailing)

1.84

EV/EBITDA

9.27

Price/Free Cashflow

16.63

BKH Price/Sales (Trailing)

BKH Profitability

EBT Margin

14.89%

Return on Equity

4.44%

Return on Assets

1.57%

Free Cashflow Yield

6.01%

BKH Fundamentals

BKH Revenue

Revenue (TTM)

2.1B

Rev. Growth (Yr)

-21.14%

Rev. Growth (Qtr)

22.76%

BKH Earnings

Earnings (TTM)

151.9M

Earnings Growth (Yr)

-96.85%

Earnings Growth (Qtr)

-95.15%

Breaking Down BKH Revenue

Last 7 days

0.9%

Last 30 days

9.1%

Last 90 days

11.8%

Trailing 12 Months

-13.1%

How does BKH drawdown profile look like?

BKH Financial Health

Current Ratio

0.73

Debt/Equity

1.11

Debt/Cashflow

0.22

BKH Investor Care

Dividend Yield

4.43%

Dividend/Share (TTM)

2.53

Shares Dilution (1Y)

3.41%

Diluted EPS (TTM)

4.06

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	2.1B	0	0	0
2023	2.6B	2.6B	2.5B	2.3B
2022	2.1B	2.2B	2.3B	2.6B
2021	1.8B	1.8B	1.9B	1.9B
2020	1.7B	1.7B	1.7B	1.7B
2019	1.8B	1.8B	1.8B	1.7B
2018	1.7B	1.7B	1.7B	1.8B
2017	1.6B	1.7B	1.7B	1.7B
2016	1.3B	1.3B	1.4B	1.5B
2015	1.4B	1.4B	1.4B	1.3B
2014	1.4B	1.4B	1.4B	1.4B
2013	1.2B	1.2B	1.2B	1.3B
2012	1.2B	1.2B	1.2B	1.2B
2011	1.3B	1.3B	1.3B	1.3B
2010	1.3B	1.3B	1.3B	1.3B
2009	0	1.1B	1.2B	1.3B
2008	0	0	0	1.0B

Get all data in R, Python etc through our Historical Stock Data APIs

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

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Very Expensive Stocks

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Tracking the Latest Insider Buys and Sells of Black Hills Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 01, 2024	schober mark a	acquired	-	-	2,428	-
May 01, 2024	roberts rebecca b	acquired	-	-	2,428	-
May 01, 2024	mcallister kathleen s	acquired	-	-	2,428	-
May 01, 2024	taylor teresa	acquired	-	-	2,428	-
May 01, 2024	otto robert p	acquired	-	-	2,428	-
May 01, 2024	mills steven richard	acquired	-	-	2,428	-
May 01, 2024	granger barry m	acquired	-	-	2,428	-
May 01, 2024	jensen tony a	acquired	-	-	2,428	-
May 01, 2024	prochazka scott m	acquired	-	-	2,428	-
Apr 30, 2024	roberts rebecca b	acquired	-	-	23.8634	-

Which funds bought or sold BKH recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 10, 2024	Pacer Advisors, Inc.	reduced	-31.83	-248,493	552,934	-%
May 10, 2024	ACADIAN ASSET MANAGEMENT LLC	reduced	-69.17	-3,180,000	1,443,000	-%
May 10, 2024	CIBC Private Wealth Group, LLC	unchanged	-	-467	217,729	-%
May 10, 2024	OSAIC HOLDINGS, INC.	added	17.08	78,504	502,786	-%
May 10, 2024	WealthCollab, LLC	unchanged	-	316	26,536	0.02%
May 10, 2024	BlackRock Inc.	added	3.44	25,615,800	571,738,000	0.01%
May 10, 2024	CORNERCAP INVESTMENT COUNSEL INC	reduced	-1.43	-2,637	1,079,110	0.17%
May 10, 2024	Jackson Creek Investment Advisors LLC	new	-	1,271,000	1,271,000	0.45%
May 10, 2024	PRINCIPAL SECURITIES, INC.	added	286	16,484	22,168	-%
May 10, 2024	CREDIT SUISSE AG/	added	1.3	58,246	2,373,020	-%

Are Funds Buying or Selling BKH?

Are funds buying BKH calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own BKH

No. of Funds

Unveiling Black Hills Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	11.98%	8,143,567	SC 13G/A
Jan 25, 2024	state street corp	5.39%	3,665,284	SC 13G/A
Jan 22, 2024	blackrock inc.	14.9%	10,122,756	SC 13G/A
Feb 09, 2023	state street corp	11.55%	7,517,054	SC 13G/A
Feb 09, 2023	vanguard group inc	10.92%	7,103,703	SC 13G/A
Jan 26, 2023	blackrock inc.	16.7%	10,877,391	SC 13G/A
Jan 20, 2023	blackrock inc.	16.7%	10,877,391	SC 13G/A
Jul 11, 2022	state street corp	10.03%	6,499,679	SC 13G/A
Feb 10, 2022	state street corp	8.18%	5,220,662	SC 13G/A
Feb 09, 2022	vanguard group inc	10.24%	6,535,371	SC 13G/A

Recent SEC filings of Black Hills Corp

View All Filings

Date Filed	Form Type	Document
May 13, 2024	424B5	Prospectus Filed
May 13, 2024	FWP	Prospectus Filed
May 09, 2024	10-Q	Quarterly Report
May 08, 2024	8-K	Current Report
May 02, 2024	4	Insider Trading
May 02, 2024	4	Insider Trading
May 02, 2024	4	Insider Trading
May 02, 2024	4	Insider Trading
May 02, 2024	4	Insider Trading
May 02, 2024	4	Insider Trading

Peers (Alternatives to Black Hills Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CPK	2.5T	698.2M	8.39%	-12.53%	25.4K	3.5K	3.29%	8.78%
AEP	48.2B	19.3B	11.47%	-0.15%	17.12	2.5	-2.13%	41.75%
AWK	26.1B	4.3B	14.82%	-10.63%	27.19	6.05	10.78%	15.26%
AEE	19.9B	7.3B	3.82%	-15.07%	17.22	2.74	-10.88%	5.77%
ATO	17.6B	4.1B	2.07%	-2.35%	17.56	4.33	-11.13%	20.48%
NRG	17.2B	28.5B	11.51%	151.42%	10.45	0.6	-9.05%	188.86%
AGR	14.4B	8.3B	4.34%	-9.07%	16.18	1.75	0.05%	30.98%
AES	14.2B	12.5B	18.52%	-8.98%	-2.2K	1.13	-3.77%	98.49%
MID-CAP
PNW	8.7B	4.7B	6.58%	-4.73%	16.22	1.86	4.84%	12.15%
ALE	3.7B	1.7B	8.90%	2.57%	15.29	2.13	-1.93%	32.23%
AVA	3.0B	1.9B	12.53%	-13.08%	15.93	1.59	9.47%	35.66%
SMALL-CAP
CWCO	448.0M	180.2M	14.96%	60.81%	15.07	2.49	91.50%	388.02%
CDZI	167.7M	2.0M	7.76%	-40.48%	-5.33	83.41	33.96%	-26.84%
VIA	35.4M	415.8M	0.46%	-13.52%	1.49	0.09	-11.16%	525.10%
CREG	8.0M	-	-23.48%	-36.08%	-10.77	12.3	-88.45%	83.25%

Black Hills Corp News

Latest updates

Black Hills Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	22.8%	726	592	407	411	921	791	463	474	824	563	381	373	633	486	347	327	537	478	326	334	598
Costs and Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-356	264	-	-	-423	255	-	-
Operating Expenses	17.1%	533	455	309	348	746	661	383	402	650	449	291	305	495	360	264	260	384	356	255	280	438
EBITDA Margin	23.2%	0.38*	0.31*	0.33*	0.28*	0.22*	0.24*	0.29*	0.31*	0.32*	0.33*	0.34*	0.34*	-	-	-	-	-	-	-	-	-
Interest Expenses	-43.1%	34.00	59.00	33.00	119	-43.50	171	-40.02	-38.76	-38.54	266	-38.02	-38.20	-37.60	251	-36.04	-35.54	-35.45	240	-33.49	-34.26	-34.72
Income Taxes	75.6%	17.00	10.00	7.00	-6.09	15.00	9.00	2.00	-0.70	14.00	1.00	5.00	1.00	0.00	7.00	5.00	5.00	16.00	8.00	3.00	2.00	17.00
Earnings Before Taxes	59.7%	149	93.00	56.00	20.00	132	85.00	40.00	35.00	136	75.00	53.00	29.00	101	88.00	45.00	30.00	113	80.00	18.00	20.00	125
EBT Margin	15.1%	0.15*	0.13*	0.12*	0.11*	0.11*	0.12*	0.12*	0.13*	0.14*	0.13*	0.14*	0.14*	-	-	-	-	-	-	-	-	-
Net Income	-95.1%	4.00	76.00	45.00	27.00	117	70.00	35.00	36.00	121	60.00	48.00	28.00	100	73.00	36.00	25.00	97.00	69.00	12.00	18.00	107
Net Income Margin	-37.6%	0.07*	0.11*	0.10*	0.10*	0.10*	0.10*	0.11*	0.12*	0.12*	0.12*	0.13*	0.13*	-	-	-	-	-	-	-	-	-
Free Cashflow	4.9%	57.00	55.00	-9.05	134	210	-47.58	-120	21.00	127	-99.49	-72.96	-37.26	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.6%	9,677	9,620	9,933	9,409	9,460	9,618	9,322	9,135	9,131	9,132	8,910	8,738	8,696	8,089	7,829	7,690	7,649	7,558	7,275	7,081	7,038
Current Assets	-3.5%	798	827	1,240	802	918	1,072	849	760	849	808	628	572	579	493	404	414	490	473	377	370	485
Cash Equivalents	49.8%	130	87.00	594	153	39.00	21.00	17.00	15.00	21.00	14.00	15.00	6.00	18.00	11.00	11.00	36.00	58.00	14.00	17.00	10.00	16.00
Inventory	-18.8%	131	161	168	137	130	207	223	153	108	151	146	114	103	117	126	106	93.00	117	123	103	88.00
Net PPE	1.5%	7,223	7,119	7,012	6,919	6,837	6,798	6,697	6,587	6,473	6,449	6,318	6,197	6,095	6,020	5,852	5,703	5,584	5,503	5,323	5,093	4,940
Goodwill	0%	1,300	1,300	1,299	1,299	1,299	1,300	1,299	1,299	1,299	1,299	1,299	1,299	1,299	1,299	1,299	1,299	1,299	1,299	1,299	1,299	1,299
Current Liabilities	-8.2%	1,088	1,185	1,603	978	1,039	1,667	970	785	795	902	758	1,231	1,230	697	514	385	720	811	691	488	591
Short Term Borrowings	-	-	-	-	-	-	536	501	335	341	420	333	830	816	234	84.00	-	319	350	295	103	165
Long Term Debt	0.0%	3,803	3,801	3,800	3,956	3,954	3,607	4,131	4,130	4,128	4,127	4,126	3,530	3,529	3,528	3,527	3,533	3,137	3,140	3,049	3,050	2,950
LT Debt, Current	0%	600	600	1,125	525	525	525	-	-	-	-	-	7.00	7.00	8.00	10.00	4.00	6.00	6.00	6.00	6.00	6.00
LT Debt, Non Current	-100.0%	-	3,801	3,800	3,956	3,954	3,607	4,131	4,130	4,128	4,127	4,126	3,530	3,529	3,528	3,527	3,533	3,137	3,140	3,049	3,050	2,950
Shareholder's Equity	6.4%	3,423	3,215	3,167	3,203	3,192	2,995	2,984	2,983	2,971	2,887	2,800	2,759	2,725	2,663	2,620	2,614	2,624	2,464	2,433	2,420	2,384
Retained Earnings	7.2%	1,242	1,158	1,121	1,118	1,137	1,064	1,033	1,036	1,041	962	929	921	932	871	829	826	839	779	742	761	777
Additional Paid-In Capital	1.6%	2,040	2,008	1,994	1,941	1,911	1,883	1,811	1,808	1,787	1,783	1,726	1,702	1,659	1,657	1,656	1,655	1,653	1,553	1,553	1,522	1,469
Accumulated Depreciation	2.6%	1,845	1,798	1,756	1,671	1,629	1,577	1,539	1,500	1,454	1,407	1,380	1,361	1,321	1,286	1,276	1,251	1,224	1,281	1,244	1,225	1,187
Shares Outstanding	0.3%	68.00	68.00	67.00	67.00	66.00	65.00	65.00	65.00	65.00	63.00	63.00	63.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	4,016	-	-	-	4,702	-	-	-	4,136	-	-	-	3,529	-	-	-	4,727	-

Cashflow (Last 12 Months)

(In Millions)

Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	23.9%	233	188	151	276	329	91.00	52.00	178	264	80.00	105	136	-386	122	110	117	192	119	96.00	114	176
Share Based Compensation	-1.5%	2.00	2.00	0.00	3.00	2.00	2.00	3.00	0.00	4.00	2.00	2.00	2.00	3.00	3.00	2.00	1.00	0.00	4.00	1.00	4.00	3.00
Cashflow From Investing	-33.1%	-176	-132	-158	-143	-101	-137	-174	-153	-137	-180	-174	-163	-146	-231	-180	-176	-173	-222	-275	-172	-145
Cashflow From Financing	96.5%	-19.80	-562	449	-19.04	-209	57.00	124	-30.35	-118	99.00	78.00	15.00	539	109	45.00	37.00	26.00	100	186	53.00	-39.29
Dividend Payments	4.1%	44.00	43.00	42.00	42.00	41.00	41.00	39.00	39.00	39.00	38.00	36.00	36.00	36.00	35.00	34.00	34.00	33.00	33.00	31.00	31.00	30.00

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BKH Income Statement

2024-03-31

Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenue:
Revenue	$ 726.4	$ 921.2
Operating expenses:
Fuel, purchased power and cost of natural gas sold	316.6	526.3
Operations and maintenance	133.6	141.0
Depreciation and amortization	65.9	61.6
Taxes - property and production	17.0	17.4
Total operating expenses	533.1	746.3
Operating income	193.3	174.9
Other income (expense):
Interest expense incurred net of amounts capitalized	(46.0)	(44.1)
Interest income	2.0	0.6
Other income (expense), net	(0.8)	0.7
Total other income (expense)	(44.8)	(42.8)
Income before income taxes	148.5	132.1
Income tax (expense)	(16.9)	(14.7)
Net income	131.6	117.4
Net income attributable to non-controlling interest	(3.7)	(3.3)
Net income available for common stock	$ 127.9	$ 114.1
Earnings per share of common stock:
Earnings per share, Basic (usd per share)	$ 1.88	$ 1.73
Earnings per share, Diluted (usd per share)	$ 1.87	$ 1.73
Weighted average common shares outstanding:
Basic (in shares)	68.2	66.0
Diluted (in shares)	68.3	66.1

BKH Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 123.0	$ 86.6
Restricted cash and equivalents	6.7	6.4
Accounts receivable, net	334.4	350.3
Materials, supplies and fuel	130.6	160.9
Income tax receivable, net	18.2	18.5
Regulatory assets, current	147.3	175.7
Other current assets	37.4	28.2
Total current assets	797.6	826.6
Property, plant and equipment	9,068.4	8,917.2
Less accumulated depreciation	(1,845.3)	(1,797.9)
Total property, plant and equipment, net	7,223.1	7,119.3
Other assets:
Goodwill	1,299.5	1,299.5
Intangible assets, net	8.4	8.4
Regulatory assets, non-current	283.8	304.4
Other assets, non-current	64.3	62.2
Total other assets, non-current	1,656.0	1,674.5
TOTAL ASSETS	9,676.7	9,620.4
Current liabilities:
Accounts payable	132.6	186.4
Accrued liabilities	263.9	293.3
Derivative liabilities, current	2.0	6.5
Regulatory liabilities, current	89.9	98.9
Notes payable	0.0	0.0
Current maturities of long-term debt	600.0	600.0
Total current liabilities	1,088.4	1,185.1
Long-term debt, net of current maturities	3,802.8	3,801.2
Deferred credits and other liabilities:
Deferred income tax liabilities, net	576.1	548.0
Regulatory liabilities, non-current	463.5	467.7
Benefit plan liabilities	124.1	123.9
Other deferred credits and other liabilities	199.3	188.7
Total deferred credits and other liabilities	1,363.0	1,328.3
Commitments, contingencies and guarantees (Note 3)
Equity:
Common stock $1 par value; 100,000,000 shares authorized; issued 68,969,578 and 68,265,042 shares, respectively	69.0	68.3
Additional paid-in capital	2,040.2	2,007.7
Retained earnings	1,241.7	1,158.2
Treasury stock, at cost - 82,343 and 68,073 shares, respectively	(4.7)	(4.1)
Accumulated other comprehensive income (loss)	(12.3)	(14.8)
Total stockholders’ equity	3,333.9	3,215.3
Non-controlling interest	88.6	90.5
Total equity	3,422.5	3,305.8
TOTAL LIABILITIES AND TOTAL EQUITY	$ 9,676.7	$ 9,620.4

About Black Hills Corp

Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. It operates in two segments, Electric Utilities and Gas Utilities. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 220,000 electric utility customers in Colorado, Montana, South Dakota, and Wyoming; and owns and operates 1,482 megawatts of generation capacity and 9,024 miles of electric transmission and distribution lines. The Gas Utilities segment distributes natural gas to approximately 1,107,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming; owns and operates 4,713 miles of intrastate gas transmission pipelines; 42,222 miles of gas distribution mains and service lines; seven natural gas storage sites; and approximately 50,000 horsepower of compression and 515 miles of gathering lines. The company also constructs and maintains gas infrastructure facilities for gas transportation customers; and provides appliance repair services to residential utility customers, as well as electrical system construction services to large industrial customers. In addition, it produces electric power through wind, natural gas, and coal-fired generating plants; and coal at its coal mine located near Gillette, Wyoming. The company was incorporated in 1941 and is headquartered in Rapid City, South Dakota.

CEO	Mr. Linden R. Evans
WEBSITE	blackhillscorp.com
INDUSTRY	Utilities Regulated Electric
EMPLOYEES	2982

Black Hills Corp Frequently Asked Questions

What is the ticker symbol for Black Hills Corp? What does BKH stand for in stocks?

BKH is the stock ticker symbol of Black Hills Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Black Hills Corp (BKH)?

As of Mon May 13 2024, market cap of Black Hills Corp is 3.93 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BKH stock?

You can check BKH's fair value in chart for subscribers.

What is the fair value of BKH stock?

You can check BKH's fair value in chart for subscribers. The fair value of Black Hills Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Black Hills Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BKH so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Black Hills Corp a good stock to buy?

The fair value guage provides a quick view whether BKH is over valued or under valued. Whether Black Hills Corp is cheap or expensive depends on the assumptions which impact Black Hills Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BKH.

What is Black Hills Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon May 13 2024, BKH's PE ratio (Price to Earnings) is 25.87 and Price to Sales (PS) ratio is 1.84. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BKH PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Black Hills Corp's stock?

In the past 10 years, Black Hills Corp has provided 0.029 (multiply by 100 for percentage) rate of return.