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BKH

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

53.99USD-0.55 (-1.01%)Delayed as of 25 Apr 2024, 02:58 pm ET

Market Summary

BKH
USD53.99-0.55
Delayedas of 25 Apr 2024, 02:58 pm
-1.01%

BKH Stock Price

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BKH RSI Chart

BKH Valuation

Market Cap

3.7B

Price/Earnings (Trailing)

14

Price/Sales (Trailing)

1.6

EV/EBITDA

10.23

Price/Free Cashflow

9.56

BKH Price/Sales (Trailing)

BKH Profitability

EBT Margin

12.94%

Return on Equity

8.26%

Return on Assets

2.76%

Free Cashflow Yield

10.46%

BKH Fundamentals

BKH Revenue

Revenue (TTM)

2.3B

Rev. Growth (Yr)

-25.23%

Rev. Growth (Qtr)

45.34%

BKH Earnings

Earnings (TTM)

265.6M

Earnings Growth (Yr)

9.73%

Earnings Growth (Qtr)

68.09%

Breaking Down BKH Revenue

52 Week Range

47.5466.85
(Low)(High)

Last 7 days

5.4%

Last 30 days

3.2%

Last 90 days

6.9%

Trailing 12 Months

-15.9%

How does BKH drawdown profile look like?

BKH Financial Health

Current Ratio

0.7

Debt/Equity

1.18

Debt/Cashflow

0.25

BKH Investor Care

Dividend Yield

4.58%

Dividend/Share (TTM)

2.5

Shares Dilution (1Y)

3.17%

Diluted EPS (TTM)

3.92

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20232.6B2.6B2.5B2.3B
20222.1B2.2B2.3B2.6B
20211.8B1.8B1.9B1.9B
20201.7B1.7B1.7B1.7B
20191.8B1.8B1.8B1.7B
20181.7B1.7B1.7B1.8B
20171.6B1.7B1.7B1.7B
20161.3B1.3B1.4B1.5B
20151.4B1.4B1.4B1.3B
20141.4B1.4B1.4B1.4B
20131.2B1.2B1.2B1.3B
20121.2B1.2B1.2B1.2B
20111.3B1.3B1.3B1.3B
20101.3B1.3B1.3B1.3B
200901.1B1.2B1.3B
20080001.0B
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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

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Tracking the Latest Insider Buys and Sells of Black Hills Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 06, 2024
evans linden r
gifted
-
-
-4,901
president and ceo
Mar 05, 2024
evans linden r
gifted
-
-
-3,442
president and ceo
Feb 12, 2024
evans linden r
acquired
170,767
52.82
3,233
president and ceo
Feb 12, 2024
evans linden r
sold (taxes)
-67,196
52.82
-1,272
president and ceo
Feb 12, 2024
iverson brian
sold (taxes)
-14,763
52.82
-279
sr vp general counsel
Feb 12, 2024
nooney kimberly f
acquired
17,747
52.82
336
svp cfo &amp; treasurer
Feb 12, 2024
jones marne m
acquired
13,786
52.82
261
svp - utilities
Feb 12, 2024
jacobs todd j
sold (taxes)
-7,183
52.82
-135
svp - growth &amp; strategy
Feb 12, 2024
jacobs todd j
acquired
17,430
52.82
330
svp - growth &amp; strategy
Feb 12, 2024
erik keller d
sold (taxes)
-7,906
52.82
-149
sr vp chief info officer

1–10 of 50

Which funds bought or sold BKH recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 23, 2024
Louisiana State Employees Retirement System
added
2.62
39,715
1,070,160
0.02%
Apr 23, 2024
Hunter Perkins Capital Management, LLC
added
5.83
958,000
14,453,000
2.96%
Apr 23, 2024
AMALGAMATED BANK
reduced
-7.4
-130,000
1,946,000
0.02%
Apr 23, 2024
Gradient Investments LLC
sold off
-100
-28,432
-
-%
Apr 23, 2024
Global Retirement Partners, LLC
added
34.78
1,519
5,078
-%
Apr 23, 2024
FIFTH THIRD BANCORP
added
56.25
13,047
35,490
-%
Apr 23, 2024
NEW MEXICO EDUCATIONAL RETIREMENT BOARD
unchanged
-
9,000
727,000
0.03%
Apr 22, 2024
RAYMOND JAMES & ASSOCIATES
reduced
-0.94
4,294
1,709,190
-%
Apr 22, 2024
IFM Investors Pty Ltd
new
-
517,117
517,117
0.01%
Apr 22, 2024
Raymond James Financial Services Advisors, Inc.
reduced
-32.9
-136,317
288,373
-%

1–10 of 50

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 FiledName of FilerPercent of ClassNo. of SharesForm 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
Mar 15, 2024
ARS
ARS
Mar 15, 2024
DEF 14A
DEF 14A
Mar 06, 2024
4
Insider Trading
Feb 14, 2024
10-K
Annual Report
Feb 13, 2024
5
Insider Trading
Feb 13, 2024
4
Insider Trading
Feb 13, 2024
4
Insider Trading
Feb 13, 2024
4
Insider Trading
Feb 13, 2024
4
Insider Trading
Feb 13, 2024
4
Insider Trading

Peers (Alternatives to Black Hills Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
44.8B
19.0B
4.22% -8.49%
20.26
2.36
-3.35% -4.03%
23.6B
4.2B
3.63% -20.36%
25.04
5.58
11.66% 15.12%
19.9B
7.5B
4.59% -17.67%
17.2
2.65
-5.74% 7.23%
17.9B
3.9B
2.22% 2.07%
19.35
4.53
-15.47% 16.09%
15.1B
28.8B
6.59% 113.21%
-74.78
0.52
-8.62% -116.54%
14.3B
8.3B
3.52% -9.97%
15.99
1.73
0.05% 30.98%
12.3B
12.7B
5.59% -26.15%
61.84
0.97
0.40% 141.39%
2.4B
670.6M
1.65% -16.34%
27.23
3.54
-1.48% -2.88%
MID-CAP
8.5B
4.7B
2.70% -7.89%
16.3
1.8
8.59% 3.59%
3.5B
1.9B
2.48% -5.47%
13.97
1.84
19.68% 30.53%
2.8B
1.7B
6.05% -19.70%
16.34
1.61
2.36% 10.31%
SMALL-CAP
394.3M
180.2M
-16.11% 45.99%
13.26
2.19
91.50% 388.02%
152.2M
2.0M
-10.28% -45.17%
-4.84
75.74
33.96% -26.84%
35.0M
436.8M
-0.18% 4.11%
2.34
0.08
-5.23% 97.61%
8.8M
-
0.91% -27.45%
-11.84
12.3
-88.45% 83.25%

Black Hills Corp News

Latest updates
MarketBeat • 8 hours ago
GlobeNewswire • 22 Apr 2024 • 10:04 pm
Yahoo Finance • 16 Apr 2024 • 09:10 pm
Simply Wall St • 14 Apr 2024 • 07:00 am
Income Investors • 03 Apr 2024 • 07:00 am

Black Hills Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue45.3%592407411921791463474824563381373633486347327537478326334598501
Costs and Expenses--------------356264---423255---
Operating Expenses47.1%455309348746661383402650449291305495360264260384356255280438387
EBITDA Margin-4.6%0.31*0.33*0.28*0.22*0.24*0.29*0.31*0.32*0.33*0.34*0.34*0.35*---------
Interest Expenses77.4%59.0033.00119-43.50171-40.02-38.76-38.54266-38.02-38.20-37.60251-36.04-35.54-35.45240-33.49-34.26-34.72245
Income Taxes30.7%10.007.00-6.0915.009.002.00-0.7014.001.005.001.000.007.005.005.0016.008.003.002.0017.00-11.88
Earnings Before Taxes65.6%93.0056.0020.0013285.0040.0035.0013675.0053.0029.0010188.0045.0030.0011380.0018.0020.0012580.00
EBT Margin11.4%0.13*0.12*0.11*0.11*0.12*0.12*0.13*0.14*0.13*0.14*0.14*0.15*---------
Net Income68.1%76.0045.0027.0011770.0035.0036.0012160.0048.0028.0010073.0036.0025.0097.0069.0012.0018.0010787.00
Net Income Margin11.4%0.11*0.10*0.10*0.10*0.10*0.11*0.12*0.12*0.12*0.13*0.13*0.13*---------
Free Cashflow702.4%55.00-9.05134210-47.55-12021.00127-99.45-72.96-37.26-532---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-3.1%9,6209,9339,4099,4609,6189,3229,1359,1319,1328,9108,7388,6968,0897,8297,6907,6497,5587,2757,0817,0386,963
  Current Assets-33.4%8271,2408029181,072849760849808628572579493404414490473377370485504
    Cash Equivalents-85.4%87.0059415339.0021.0017.0015.0021.0014.0015.006.0018.0011.0011.0036.0058.0014.0017.0010.0016.0024.00
  Inventory-4.3%16116813713020722315310815114611410311712610693.0011712310388.00117
  Net PPE1.5%7,1197,0126,9196,8376,7986,6976,5876,4736,4496,3186,1976,0956,0205,8525,7035,5845,5035,3235,0934,9404,855
  Goodwill0.0%1,3001,2991,2991,2991,3001,2991,2991,2991,2991,2991,2991,2991,2991,2991,2991,2991,2991,2991,2991,2991,299
  Current Liabilities-26.1%1,1851,6039781,0391,6679707857959027581,2311,230697514385720811691488591648
  Short Term Borrowings-----53650133534142033383081623484.00-319350295103165186
  Long Term Debt0.0%3,8013,8003,9563,9543,6074,1314,1304,1284,1274,1263,5303,5293,5283,5273,5333,1373,1403,0493,0502,9502,951
    LT Debt, Current-46.7%6001,125525525525-----7.007.008.0010.004.006.006.006.006.006.006.00
    LT Debt, Non Current0.0%3,8013,8003,9563,9543,6074,1314,1304,1284,1274,1263,5303,5293,5283,5273,5333,1373,1403,0493,0502,9502,951
Shareholder's Equity1.5%3,2153,1673,2033,1922,9952,9842,9832,9712,8872,8002,7592,7252,6632,6202,6142,6242,4642,4332,4202,3842,287
  Retained Earnings3.3%1,1581,1211,1181,1371,0641,0331,0361,041962929921932871829826839779742761777700
  Additional Paid-In Capital0.7%2,0081,9941,9411,9111,8831,8111,8081,7871,7831,7261,7021,6591,6571,6561,6551,6531,5531,5531,5221,4691,451
Accumulated Depreciation2.4%1,7981,7561,6711,6291,5771,5391,5001,4541,4071,3801,3611,3211,2861,2761,2511,2241,2811,2441,2251,1871,145
Shares Outstanding2.0%68.0067.0067.0066.0065.0065.0065.0065.0063.0063.0063.0063.00---------
Float---4,016---4,702---4,136---3,529---4,727--
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations24.7%18815127632991.0052.0017826480.00105136-38612211011719211996.00114176110
  Share Based Compensation867.1%2.000.003.002.002.003.000.004.002.002.002.003.003.002.001.000.004.001.004.003.005.00
Cashflow From Investing16.1%-132-158-143-101-137-174-153-137-180-174-163-146-231-180-176-173-222-275-172-145-184
Cashflow From Financing-225.3%-562449-19.04-20957.00124-30.35-11899.0078.0015.0053910945.0037.0026.0010018653.00-39.2985.00
  Dividend Payments0.8%43.0042.0042.0041.0041.0039.0039.0039.0038.0036.0036.0036.0035.0034.0034.0033.0033.0031.0031.0030.0030.00

BKH Income Statement

2023-12-31
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenue:   
Revenue$ 2,331.3$ 2,551.8$ 1,949.1
Operating expenses:   
Fuel, purchased power and cost of natural gas sold982.91,230.6741.9
Operations and maintenance552.0548.4501.7
Depreciation and amortization256.8250.9236.0
Taxes - property and production66.966.760.1
Total operating expenses1,858.62,096.61,539.7
Operating income472.7455.2409.4
Other income (expense):   
Interest expense incurred net of amounts capitalized(180.0)(162.6)(154.1)
Interest income12.11.61.7
Other income (expense), net(3.2)1.81.4
Total other income (expense)(171.1)(159.2)(151.0)
Income before income taxes301.6296.0258.4
Income tax (expense)(25.6)(25.2)(7.2)
Net income276.0270.8251.2
Net income attributable to non-controlling interest(13.8)(12.4)(14.5)
Net income available for common stock$ 262.2$ 258.4$ 236.7
Earnings per share of common stock:   
Earnings per share, Basic (usd per share)$ 3.91$ 3.98$ 3.74
Earnings per share, Diluted (usd per share)$ 3.91$ 3.97$ 3.74
Weighted average common shares outstanding:   
Basic (in shares)67.064.963.2
Diluted (in shares)67.165.063.3

BKH Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 86.6$ 21.4
Restricted cash and equivalents6.45.6
Accounts receivable, net350.3508.2
Materials, supplies and fuel160.9207.4
Derivative assets, current0.00.6
Income tax receivable, net18.517.6
Regulatory assets, current175.7260.3
Other current assets28.250.6
Total current assets826.61,071.7
Property, plant and equipment8,917.28,374.8
Less accumulated depreciation and depletion(1,797.9)(1,576.8)
Total property, plant and equipment, net7,119.36,798.0
Other assets:  
Goodwill1,299.51,299.5
Intangible assets, net8.49.6
Regulatory assets, non-current304.4392.7
Other assets, non-current62.246.7
Total other assets, non-current1,674.51,748.5
TOTAL ASSETS9,620.49,618.2
Current liabilities:  
Accounts payable186.4310.0
Accrued liabilities293.3243.5
Derivative liabilities, current6.56.6
Regulatory liabilities, current98.946.0
Notes payable0.0535.6
Current maturities of long-term debt600.0525.0
Total current liabilities1,185.11,666.7
Long-term debt, net of current maturities3,801.23,607.3
Deferred credits and other liabilities:  
Deferred income tax liabilities, net548.0508.9
Regulatory liabilities, non-current467.7472.6
Benefit plan liabilities123.9116.7
Other deferred credits and other liabilities188.7156.1
Total deferred credits and other liabilities1,328.31,254.3
Commitments, contingencies and guarantees (Note 3)
Equity:  
Common stock $1.00 par value; 100,000,000 shares authorized; issued: 68,265,042 and 66,140,396, respectively68.366.1
Additional paid-in capital2,007.71,882.7
Retained earnings1,158.21,064.1
Treasury stock at cost - 68,073 and 36,726, respectively(4.1)(2.4)
Accumulated other comprehensive income (loss)(14.8)(15.6)
Total stockholders’ equity3,215.32,994.9
Non-controlling interest90.595.0
Total equity3,305.83,089.9
TOTAL LIABILITIES AND TOTAL EQUITY$ 9,620.4$ 9,618.2
BKH
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
 WEBSITEblackhillscorp.com
 INDUSTRYUtilities Regulated Electric
 EMPLOYEES2982

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 Wed Apr 24 2024, market cap of Black Hills Corp is 3.72 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 Wed Apr 24 2024, BKH's PE ratio (Price to Earnings) is 14 and Price to Sales (PS) ratio is 1.6. 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 0.021 (multiply by 100 for percentage) rate of return.