Northwestern Mutual Wealth Management Co. Has $10.81 Million Stock Position in Black Hills Corporation $BKH
Northwestern Mutual Wealth Management Co. significantly increased its stake in Black Hills Corporation (NYSE:BKH) by 6,416.8% in the fourth quarter, now holding 155,752 shares valued at approximately $10.8 million. Black Hills reported mixed Q4 results with revenue beating estimates but EPS missing, while reaffirming its FY 2026 guidance and maintaining a dividend yield of 3.8%. Analysts currently have a "Moderate Buy" consensus rating with an average price target of $81.40 for the utility company.
Thrivent Financial for Lutherans Trims Stock Holdings in Black Hills Corporation $BKH
Thrivent Financial for Lutherans reduced its stake in Black Hills Corporation (NYSE:BKH) by 16.8% in the fourth quarter, selling 19,033 shares and retaining 94,464 shares valued at $6.56 million. Despite missing EPS estimates, Black Hills reported revenue slightly above forecasts and declared a quarterly dividend of $0.703 per share, yielding 3.8%. Analysts currently rate Black Hills as a "Moderate Buy" with an average price target of $81.40.
Nebraska approves Black Hills-NorthWestern Energy merger
The Nebraska Public Service Commission has approved the merger between Black Hills Corp. and NorthWestern Energy Group, Inc., making Nebraska the first state to greenlight the deal. The companies aim to form one regional electric and natural gas utility, promising no changes to customer service or rates and no recovery of merger costs from Nebraska ratepayers. The merger still requires approval from Montana, South Dakota, and federal regulators.
Black Hills (BKH) readies $183.4M ATM capacity under existing $400M program
Black Hills Corporation is offering up to $183.4 million in common stock through an at-the-market (ATM) program, representing the remaining capacity of a previous $400 million sales agreement. The company plans to use the proceeds for working capital and general corporate purposes, including capital expenditures, acquisitions, investments, and debt repayment. Sales may be effected through designated agents or via forward sale agreements, with commissions up to 2% and estimated offering expenses of $700,000.
Black Hills Corp Files For Offering Of Up To $183.4 Million Common Stock
Black Hills Corp has filed for an offering of up to $183.4 million in common stock. This news, reported by Reuters and Refinitiv, indicates a substantial financial move by the company. Further details require login to the platform.
Black Hills Corp files for offering of up to $183.4 million common stock
Black Hills Corp has filed for an offering of common stock valued at up to $183.4 million. The utility company serves 1.35 million natural gas and electric utility customers across eight states. This announcement comes after recent Q1 2026 earnings results and adjusted EPS guidance for the full year.
Black Hills Corporation (NYSE: BKH) readies shelf for debt, equity offerings
Black Hills Corporation has filed a shelf registration (Form S-3ASR) with the SEC, allowing it to offer various securities, including senior debt, subordinated debt, preferred stock, common stock, warrants, purchase contracts, and units, in future financings. The filing specifies that the exact terms of these offerings, including pricing and amounts, will be detailed in future prospectus supplements. It also provides an update on the company's proposed all-stock merger of equals with NorthWestern, which is expected to close in the second half of 2026, and outlines the broad uses of potential proceeds.
Black Hills-NorthWestern Utility Merger Approved by State Regulators
The Nebraska Public Service Commission has approved the merger between Black Hills Corp. and NorthWestern Energy Group, Inc., making Nebraska the first state to greenlight the deal. This merger aims to create a stronger, more resilient utility and will freeze customer rate hikes for Black Hills customers until May 2028. The merger still requires approval from regulators in Montana, South Dakota, and federal agencies before it can close later this year.
Black Hills Pueblo power plant has seen major upgrades in recent years
Black Hills Energy's Pueblo Airport Generating Station has received significant upgrades and overhauls recently. These improvements were implemented to enhance the plant's lifespan and operational health. The article highlights the company's efforts to modernize the facility.
Labor, conservation groups use merger to advance energy, union goals
Conservation and labor groups are leveraging the proposed $15.4 billion merger between NorthWestern Energy and Black Hills Corp to advance their own agendas, including securing competitive wages for workers and ensuring comprehensive energy planning. They see this rare merger as a unique opportunity to protect public interest and ensure benefits flow to ratepayers rather than solely to shareholders. These groups have negotiated settlements that include agreements for energy efficiency, a seat on the Electric Technical Advisory Committee, and market wage certifications for contractors.
Number of shareholders of Black Hills Corporation – BX:BHI
This article provides details on the number of shareholders for Black Hills Corporation (BX:BHI). It appears to be a financial data page from TradingView, presenting shareholder information within the context of the company's financial overview. The specific shareholder numbers are not visible in the provided content, but the structure indicates where such data would be located.
BKH Stock Price, Quote & Chart | BLACK HILLS CORP (NYSE:BKH)
This article provides a detailed overview of Black Hills Corp. (NYSE: BKH) stock, including its current price, performance, and key statistics. It covers technical and fundamental analysis ratings from ChartMill, recent earnings reports, analyst forecasts, and company information. The stock is currently trading at $74.05, down 0.34% today, and has shown a 26.6% increase over the past year.
Black Hills energy companies join Western Energy Imbalance Market
Black Hills Power and Cheyenne Light, Fuel & Power, subsidiaries of Black Hills Corporation, have joined the Western Energy Imbalance Market (WEIM). This real-time electricity market aims to deliver the lowest-cost resources, manage transmission congestion, and enhance grid reliability. The addition of Black Hills Energy expands the WEIM's geographical footprint into South Dakota, making it the 12th Western state to participate in the market, which has generated over $8.6 billion in savings since its 2014 launch.
Earnings Report: Black Hills Corporation Missed Revenue Estimates By 14%
Black Hills Corporation (NYSE:BKH) recently released its quarterly report, missing revenue estimates by 14% and statutory earnings per share forecasts by 8%. Despite these weaker-than-expected results, analysts have made no significant changes to their future revenue or EPS forecasts, and the consensus price target remains largely unchanged. The company is still projected to grow significantly faster than its industry, with an expected 13% annualized revenue growth to 2026.
Earnings call transcript: Black Hills Q1 2026 earnings miss, stock rises
Black Hills Corporation reported adjusted Q1 2026 EPS of $1.79, missing forecasts by $0.11, and revenue of $780.7 million, below expectations. Despite the miss, the stock rose 1.87% in after-hours trading, with the company attributing the shortfalls to severe weather impacts and merger-related costs. Black Hills reaffirmed its full-year 2026 adjusted EPS guidance of $4.25-$4.45 and provided updates on its capital plan, large load opportunities, and the pending merger with NorthWestern Energy.
Black Hills Q1 Earnings Call Highlights
Black Hills (BKH) affirmed its 2026 earnings targets despite a warm winter impacting Q1 demand, reporting adjusted EPS of $1.79. The company is progressing with its merger with NorthWestern Energy and sees significant growth potential from large-load data center opportunities, alongside maintaining its dividend streak and pursuing various capital projects and rate reviews across its service territories.
Microsoft Deal Strengthens Black Hills Corporation (BKH) Prospects as a High Growth Utility Stock to Buy
Black Hills Corporation (BKH) is identified as a high-growth utility stock with strengthened prospects due to a new Microsoft deal. BMO Capital reiterated an Outperform rating and raised its price target to $91, anticipating benefits from Microsoft's data center construction in Wyoming, which will require significant energy from Black Hills. The company also reported solid first-quarter 2026 results and has a substantial data center pipeline, including efforts related to Meta Platform’s AI data center.
Black Hills Q1 Earnings Call Highlights
Black Hills reaffirmed its full-year 2026 adjusted EPS guidance despite a warm winter impacting Q1 earnings. The company is advancing its merger with NorthWestern Energy and sees significant growth in large-load data center demand, with a pipeline of over 3 GW. Black Hills continues to manage capital projects and regulatory filings, maintaining an investment-grade credit rating and a long streak of dividend increases.
Black Hills Corporation 2026 Q1 - Results - Earnings Call Presentation (NYSE:BKH) 2026-05-08
Black Hills Corporation (NYSE:BKH) published its Q1 2026 earnings call presentation, reporting an EPS of $1.79 which missed estimates by $0.05, and revenue of $780.70M, down 3.04% year-over-year and missing by $123.19M. The article highlights that the slide deck was released in conjunction with their earnings call on May 8, 2026.
Transcript : Black Hills Corporation, Q1 2026 Earnings Call, May 07, 2026
This article provides the transcript of Black Hills Corporation's Q1 2026 Earnings Call, which took place on May 07, 2026. The content starts with the operator's message and indicates that the full transcript is reserved for subscribers. It also lists recent news and financial data related to Black Hills Corporation, including Q1 adjusted earnings and revenue figures.
International Assets Investment Management LLC Makes New Investment in Black Hills Corporation $BKH
International Assets Investment Management LLC has made a new investment in Black Hills Corporation (NYSE: BKH), purchasing 220,354 shares valued at approximately $15.3 million in the fourth quarter, making it their 20th largest holding. Despite missing Q4 EPS estimates, Black Hills reported revenue of $780.7 million and declared a quarterly dividend of $0.703 per share. Institutional investors collectively own about 86.7% of the company's stock.
UBS Group AG Buys 265,464 Shares of Black Hills Corporation $BKH
UBS Group AG significantly increased its stake in Black Hills Corporation by 86.5% during Q4, acquiring 265,464 shares to bring its total to 572,227 shares, valued at approximately $39.7 million. This comes after Black Hills reported Q1 earnings that missed EPS estimates but slightly exceeded revenue expectations, while also declaring a quarterly dividend of $0.703 per share. Analysts currently hold a "Moderate Buy" rating for Black Hills with an average target price of $81.40.
Black Hills (NYSE:BKH) Issues Quarterly Earnings Results, Misses Expectations By $0.09 EPS
Black Hills (NYSE:BKH) reported quarterly earnings of $1.79 EPS, falling short of analyst expectations by $0.09. Despite this, the company declared a quarterly dividend of $0.703 per share, yielding 3.8%, and analysts maintain a "Moderate Buy" consensus with an $81.40 average price target for the stock, which traded at $73.98.
Black Hills Q1 2026 slides: weather weighs on results, guidance intact
Black Hills Corporation reported Q1 2026 adjusted EPS of $1.79, missing analyst expectations due to historically warm winter weather impactful across its service territories. Despite the weather-related setback, the utility company reaffirmed its full-year 2026 adjusted EPS guidance of $4.25 to $4.45 and highlighted significant progress on strategic growth initiatives, including a $4.7 billion capital investment plan and expansion in its data center business. The proposed merger with NorthWestern Energy also advanced through several regulatory milestones, reinforcing the company's long-term growth prospects.
Earnings Flash (BKH) Black Hills Corp. Reports Q1 Revenue $780.7M, Vs. FactSet Est of $769.2M
Black Hills Corp. (BKH) announced its first-quarter revenue reached $780.7 million, surpassing the FactSet estimate of $769.2 million. This indicates a stronger financial performance than anticipated by analysts for the quarter.
Black Hills (NYSE:BKH) Updates FY 2026 Earnings Guidance
Black Hills (NYSE:BKH) updated its FY 2026 earnings guidance, setting EPS between $4.250 and $4.450, aligning with the consensus estimate of $4.340. The company also announced a quarterly dividend of $0.703 per share, representing an annualized dividend of $2.81 and a 3.8% yield. Despite missing Q1 EPS estimates, Black Hills maintains a "Moderate Buy" consensus rating from Wall Street analysts with a target price of $81.40.
Black Hills Corp. (NYSE: BKH) posts Q1 2026 EPS and updates NorthWestern merger
Black Hills Corp. reported Q1 2026 diluted EPS of $1.73 and adjusted EPS of $1.79, reaffirming its full-year 2026 adjusted EPS guidance of $4.25 to $4.45. The company highlighted progress on its merger with NorthWestern Energy, with an expected closing in the second half of 2026, and a growing data center pipeline, including a prospective 1.8 GW project in Wyoming. Black Hills also declared a quarterly dividend of $0.703 per share, marking its 56th consecutive year of increases.
Earnings Flash (BKH) Black Hills Corp. Posts Q1 Adjusted EPS $1.79 per Share, vs. FactSet Est of $1.84
Black Hills Corp. (BKH) announced its Q1 adjusted EPS of $1.79 per share, falling short of the FactSet estimate of $1.84. The company also reported Q1 revenue of $780.7 million, exceeding FactSet's estimate of $769.2 million. For the full year 2026, Black Hills expects an adjusted EPS range of $4.25 to $4.45, with the midpoint aligning with FactSet's $4.35 estimate.
Black Hills Corp. Reaffirms 2026 Earnings Guidance, Reports 2026 First-Quarter Results, and Provides Updates on Merger with NorthWestern Energy and Data Center Progress
Black Hills Corp. announced its first-quarter 2026 financial results, reaffirming its 2026 adjusted EPS guidance of $4.25 to $4.45 per share, excluding merger-related costs. The company reported first-quarter GAAP EPS of $1.73 and adjusted EPS of $1.79, noting impacts from mild winter weather but progress on strategic initiatives, including a merger with NorthWestern Energy and significant data center projects in Wyoming. Black Hills highlighted key operational updates, such as electric utility rate reviews, wildfire legislation, and ongoing construction projects, while also declaring a quarterly dividend.
Black Hills Corp. Reaffirms 2026 Earnings Guidance, Reports 2026 First-Quarter Results, and Provides Updates on Merger with NorthWestern Energy and Data Center Progress
Black Hills Corp. (NYSE: BKH) reaffirmed its 2026 adjusted earnings guidance of $4.25 to $4.45 per share, excluding merger-related costs, despite reporting slightly lower first-quarter GAAP EPS of $1.73 compared to $1.87 in Q1 2025 due to weather impacts and higher costs. The company provided updates on its merger with NorthWestern Energy, which received shareholder approval and is expected to close in late 2026, and highlighted significant progress on data center projects, including an agreement for a 1.8 GW facility in Wyoming and Microsoft's planned expansion. Black Hills continues to execute its capital plan, including the Lange II generation project and multiple rate review requests to recover critical investments.
Black Hills earnings up next: Data center boom meets margin test
Black Hills Corporation (NYSE:BKH) is set to release its first-quarter earnings, with investors focused on how its strategy of serving AI data centers will impact margins amid rising costs. While revenue estimates have increased, EPS estimates have declined, suggesting potential margin pressures. Analysts currently rate the stock a "Buy" with a 12.4% upside.
Earnings Flash (BKH) Black Hills Corp. Reports Q1 Revenue $780.7M, vs. FactSet Est of $769.2M
Black Hills Corp. (BKH) reported its Q1 revenue at $780.7 million, surpassing the FactSet estimate of $769.2 million. This earnings flash was published on May 06, 2026, at 04:36 pm EDT. The company also provided an adjusted EPS range for the full year 2026, projecting $4.25 - $4.45 against a FactSet estimate of $4.35.
Black Hills Corporation $BKH Shares Acquired by Horizon Investments LLC
Horizon Investments LLC increased its stake in Black Hills Corporation by 74.3% during the fourth quarter, acquiring an additional 14,716 shares and bringing their total ownership to 34,523 shares valued at $2,397,000. Other institutional investors also adjusted their positions, and multiple research analysts have offered ratings, with the stock currently holding a "Moderate Buy" consensus. Black Hills recently announced a quarterly dividend of $0.703 per share, payable on June 1st.
NorthWestern’s mega-monopoly merger is all about data centers
NorthWestern Energy is seeking approval for a merger with Black Hills Energy, which critics argue is driven by their desire to capitalize on data center opportunities, despite denying this publicly. The proposed merger would create a large multi-state utility, "Bright Horizons Energy Corporation," raising concerns among Montanans about potential electricity rate increases and a lack of transparency regarding data center agreements. The author, Anne Hedges, executive director of the Montana Environmental Information Center, urges politicians to protect Montanans from subsidizing data centers and challenge the utility's secrecy.
Director Anne Waleski receives 1,921-share equity grant at Black Hills (BKH)
Black Hills Corp. director Anne G. Waleski has received an equity award of 1,921 shares of common stock in the form of a non-employee director restricted stock unit grant. This grant, valued at $0.00 per share for compensation purposes, increased her direct holdings to 4,237.1172 shares. The transaction is a compensation-related acquisition and not an open-market purchase.
Vanguard Group Inc. Decreases Stock Position in Black Hills Corporation $BKH
Vanguard Group Inc. slightly decreased its stake in Black Hills Corporation (NYSE:BKH) by 0.2% in the fourth quarter, selling 16,719 shares but still owning 8,974,122 shares, valued at $622.98 million. Despite this minor reduction, Black Hills maintains a "Moderate Buy" consensus rating from analysts with an average target price of $81.40, and the company recently announced a quarterly dividend of $0.703 per share. Other hedge funds, including JPMorgan Chase & Co. and ProShare Advisors LLC, increased their positions in the company during the same period.
S&P 500 Futures Fall In Premarket Trading; Victory Capital, Black Hills Lag
S&P 500 futures experienced a decline in premarket trading. Among the companies mentioned as lagging were Victory Capital and Black Hills. This indicates a potentially challenging start to the trading day for the broader market and these specific companies.
Black Hills (NYSE: BKH) investors approve directors, auditor and pay
Black Hills Corporation shareholders, at their Annual Meeting on April 29, 2026, approved the election of three Class II directors, the ratification of Deloitte & Touche LLP as the independent registered public accounting firm for 2026, and, on an advisory and non-binding basis, the compensation of the company’s named executive officers. All proposals received overwhelming shareholder support, with detailed vote counts provided for each. The meeting results reflect shareholder confidence in the company's governance and executive compensation practices.
NorthWestern AGM: Shareholders Back Directors, Pay, Auditor; Black Hills Merger Decision Eyed in 2026
NorthWestern Corporation held its 2026 annual general meeting where shareholders re-elected all director nominees, ratified Deloitte & Touche as auditor, and approved executive compensation. The company also provided updates on its planned all-stock merger of equals with Black Hills Corporation, which is expected to double the combined rate base to approximately $11 billion and increase EPS growth to 5%–7%, with a decision anticipated in late 2026. NorthWestern highlighted its operational profile, financial targets, and 2025 strategic initiatives, including resource acquisition, project advancements, and strong reliability and affordability performance.
Vanguard Capital Management (BKH) reports 3.97M-share, 5.22% position
Vanguard Capital Management has reported a 5.22% beneficial ownership stake in Black Hills Corp (BKH), totaling 3,974,392 shares as of March 31, 2026. This Schedule 13G filing indicates Vanguard has sole dispositive power over all these shares and sole voting power over 604,804 shares. The report, signed on April 29, 2026, by Ashley Grim, Head of Global Fund Administration, notes that the holdings are managed across Vanguard funds and accounts.
Black Hills Corporation Declares Quarterly Dividend of $0.70 (NYSE:BKH)
Black Hills Corporation (NYSE:BKH) has declared a quarterly dividend of $0.703 per share, payable on June 1st to shareholders of record on May 15th, representing a 3.7% yield. The company boasts a 55-year history of raising its dividend, which appears well-covered by expected earnings with a payout ratio near 65%. Black Hills is a diversified energy company providing electricity and natural gas services across several states, with a market capitalization of $5.73 billion.
Black Hills: Plug Your Portfolio Into Strong Utility Returns (NYSE:BKH)
Black Hills (BKH) is recommended as a "Buy" due to its 56-year dividend growth streak, BBB+ credit rating, and strategic merger with NorthWestern Energy. The merger, expected by late 2026, is poised to drive significant EPS growth, with the company benefiting from increasing data center demand and rate recovery. Shares are currently undervalued, offering a projected 10% annual total return and a forward dividend yield of 3.7%.
Black Hills (BKH) Announces Quarterly Dividend of $0.703
Black Hills Corporation (BKH) has declared a quarterly dividend of $0.703 per share, maintaining its previous rate, which offers a forward yield of 3.74%. The company's GF Score™ of 76/100 suggests strong potential for long-term returns, balanced against a lower financial strength rating. While profitability is solid, concerns exist regarding declining revenue per share and a P/E ratio near historical highs.
AI Capex Lifts BKH Utility and IonQ Quantum Plays
Hyperscaler capital spending on AI infrastructure is leading to increased interest in utility and quantum computing companies. Black Hills (BKH) saw its price target raised by BMO Capital due to Microsoft's data center acquisition in its service territory, while IonQ (IONQ) reported significant revenue growth and has ambitious plans for the quantum computing market. These developments broaden the beneficiaries of the AI and data center boom beyond traditional mega-cap tech firms.
Black Hills Corp. Announces Quarterly Dividend
Black Hills Corp. (NYSE: BKH) has declared a quarterly dividend of $0.703 per share, payable June 1, 2026, to shareholders of record as of May 15, 2026. The company also announced it will release its first-quarter 2026 earnings on May 6, 2026, and will host a conference call and webcast on May 7, 2026, to discuss the results. Black Hills Corp. is a customer-focused utility serving 1.37 million customers in eight states.
Black Hills Corp. Declares Quarterly Dividend and Schedules First-Quarter Earnings Release
Black Hills Corp. announced a quarterly dividend of $0.703 per share for common shareholders, payable on June 1, 2026, to shareholders of record by May 15, 2026. The company will also release its first-quarter earnings for 2026 on May 6, 2026, followed by a conference call and webcast on May 7, 2026, to discuss financial results. Black Hills Corp. is a utility company serving 1.37 million customers across eight states.
Black Hills sets June 1 payout for $0.703 dividend, May 7 call
Black Hills Corp. (NYSE: BKH) has declared a quarterly common dividend of $0.703 per share, payable on June 1, 2026, to shareholders of record as of May 15, 2026. The company will also release its first-quarter 2026 earnings on May 6, 2026, after market close, followed by a live conference call and webcast on May 7, 2026, at 11:00 a.m. EDT to discuss its financial results. This utility company serves approximately 1.37 million natural gas and electric customers across eight states.
Black Hills Corp. Announces Quarterly Dividend
Black Hills Corp. (NYSE: BKH) announced that its board of directors declared a quarterly dividend of $0.703 per share, payable June 1, 2026, to common shareholders of record on May 15, 2026. The company also confirmed it will release its first-quarter 2026 earnings on May 6, 2026, and host a conference call and webcast on May 7, 2026, to discuss the results.
BMO Capital Highlights Hyperscaler Opportunity for Black Hills (BKH)
BMO Capital analyst Edward DeArias raised his price target for Black Hills Corporation (NYSE:BKH) to $91 from $84, maintaining an Outperform rating. This upgrade follows reports of Microsoft buying land for a data center to be served by Black Hills, signaling a significant "hyperscaler" opportunity for the utility company. The analyst believes this could extend Black Hills' growth trajectory, despite current market discounts reflecting concerns about management's execution.
BKH: Merger Approval And Higher Margin Outlook Will Support Future Returns
Analyst price targets for Black Hills (BKH) have increased to $83.00, driven by renewed confidence in its valuation, improved profit margin outlook, and higher future P/E expectations, supported by recent research and rating upgrades. Key factors include the recent shareholder approval of amendments related to a merger with NorthWestern Energy Group, Inc., an increase in authorized common shares, and a significant rise in the net profit margin assumption in valuation models.
