Black Hills stock gained 1.17 percent after Q2 earnings beat
Black Hills Corporation (BKH) saw its stock rise by 1.17 percent after reporting strong Q2 2026 earnings, with adjusted EPS of $0.54 significantly beating the consensus of $0.41. The company reaffirmed its full-year EPS guidance, and analysts maintain a "Moderate Buy" rating with a target price considerably above its current trading value. Despite strong performance and analyst confidence, the stock remains below its 52-week high.
Black Hills (BKH) Stock May Be Close To Fair Value
Black Hills Corporation's stock, trading at US$70.96, is being assessed for fair value based on its dividend stream. A Dividend Discount Model suggests the stock is fairly priced, aligning with expectations of steady cash flows and dividend growth, especially considering its planned merger with NorthWestern Energy to form Bright Horizon Energy Corporation. The merger is anticipated to support dividend stability due to increasing data center electricity demand, but investors should consider the underlying growth, profitability, and earnings narratives to justify the current price.
Black Hills Corporation (BKH) Stock forecasts
Argus has lowered its target price for Black Hills Corporation (BKH) stock to $67.00. Black Hills Corp is described as a U.S.-based energy company operating through Electric Utilities and Gas Utilities segments. The report also lists target price reductions for several other utility stocks.
Black Hills raises dividend for 56 years, merge...
Black Hills Corporation, a Dividend King, has increased its dividend for 56 consecutive years and is nearing final approval for its merger with Northwestern Energy. The company boasts a strong BBB+ credit rating and its shares are currently trading at a 7% discount, potentially offering 10% annual total returns through 2031. This news comes amidst broader market context for US Utilities stocks, with some notable movers identified.
Freedom Broker experts: Data centers and a merger will support Black Hills shares
Freedom Broker analysts initiated coverage of Black Hills Corporation (BKH) with a "Hold" rating and a $69 price target. The company is expected to benefit from rising electricity demand due to data centers and a planned merger with NorthWestern Energy, which will create Bright Horizon Energy Corporation. However, a high cost of capital and potential need for external financing limit the upside for its shares despite a long history of dividend increases and predictable regulated business income.
Black Hills Energy supports volunteer fire departments through Funds for Firefighters grant program
Black Hills Energy, through its Black Hills Corp. Foundation's Funds for Firefighters grant program, has awarded $165,000 to 72 volunteer and combination fire departments across seven states. In Nebraska alone, 24 fire departments received $40,000 to purchase critical equipment such as thermal imaging drones, multigas detectors, bunker gear, and wildland firefighting equipment. This initiative aims to support the vital role volunteer firefighters play in community safety by providing them with necessary resources.
Taxes of Black Hills Corporation – HAN:BHI
This article provides financial information regarding the taxes of Black Hills Corporation, traded under the symbol BHI on the Hannover Stock Exchange. It indicates that specific tax data for a given period, including value, change, and percentage change, is available. The content is presented within the context of TradingView's financial data offerings.
(BKH) Risk Channels and Responsive Allocation
This article provides an AI-driven analysis for Black Hills Corporation (NYSE: BKH), highlighting weak near and mid-term sentiment but a strong long-term outlook. It presents three institutional trading strategies (Position, Momentum Breakout, and Risk Hedging) with specific entry, target, and stop-loss zones. The analysis also includes multi-timeframe signal strengths and support/resistance levels for various holding periods.
Black Hills Corporation (NYSE:BKH) Receives Average Recommendation of "Buy" from Analysts
Black Hills Corporation (NYSE:BKH) has received a consensus "Buy" rating from analysts, with an average 12-month price target of $83.33. The utility company reported beating quarterly EPS expectations and saw a 3.1% year-over-year revenue increase. Institutional investors hold a substantial 86.71% of Black Hills shares, with several major funds increasing their positions.
Black Hills (BKH) Dividend Yield 2026, Date & History $BKH
Black Hills (BKH) offers a 3.98% dividend yield with an annual dividend of $2.81 per share, paid quarterly. The company has a strong record of increasing its dividend for 55 consecutive years, with a 5-year average annual growth of 4.47%. Its dividend payout ratio is currently 70.96% of earnings and 35.59% of cash flow, indicating sustainability.
Colorado fire departments receive $33,000 from Black Hills Energy grants
Black Hills Energy has awarded over $33,000 in safety grants to various fire departments across Colorado through its Funds for Firefighters program. These grants aim to help departments purchase essential equipment to enhance emergency response and community preparedness, especially during active wildfire seasons. The program is part of a larger initiative by the Black Hills Corporation Foundation, which has granted over $165,000 to 72 communities in several states.
Black Hills Corporation stock falls 1.76 percent after Q2 results
Black Hills Corporation's stock dropped 1.76% to USD 70.51 after its second-quarter earnings per share (EPS) of USD 0.54 beat the consensus estimate of USD 0.41, despite revenue of USD 452.8 million falling short of expectations. The company reaffirmed its fiscal 2026 EPS guidance of USD 4.25 to USD 4.45 and offers a 3.9% dividend yield. Analysts, including Bank of America, have raised their price targets for BKH.
Bank of America Corp DE Invests $42.61 Million in Black Hills Corporation $BKH
Bank of America Corp DE has acquired a new stake of $42.61 million in Black Hills Corporation, purchasing 572,758 shares during the second quarter. Black Hills reported strong quarterly EPS of $0.54, exceeding estimates, and reaffirmed its fiscal 2026 EPS guidance. The utility also maintains a quarterly dividend of $0.703 per share, representing a 3.9% yield, and analysts rate the stock as a "Buy" with an average price target of $83.33.
Why Black Hills (NYSE:BKH) Is Back In Focus?
Black Hills Corporation (NYSE:BKH) is gaining renewed attention in the utilities sector following a recent rating update and its consistent operational performance. The company operates regulated electric and natural gas utilities across several U.S. states, utilizing a diversified energy mix that includes coal, natural gas, and wind. Its integrated business model, extensive infrastructure, and financial results showcasing adjusted per-unit performance above market estimates contribute to its current market focus amidst evolving energy demand and infrastructure requirements.
BKH Maintains Buy Rating -- Price Target Raised to $97.00 by B o
B of A Securities maintained a Buy rating for Black Hills Corporation (BKH) and increased its price target to $97.00, up from $87.00. While analysts show confidence in BKH's future performance due to robust utility operations and consistent dividends, GuruFocus indicates the stock is currently overvalued by 16.6% with a GF Value™ of $60.40 against its current price of $70.45. Despite strong profitability and momentum, investors are advised to consider the company's financial strength and valuation metrics before making investment decisions.
BofA raises Black Hills stock price target on data center growth
BofA Securities has raised its price target for Black Hills Corp (BKH) to $97 from $87, maintaining a Buy rating. The increase is driven by growing conviction in Wyoming's data center opportunities, which an analyst trip revealed to be substantial and expanding. Black Hills also boasts a 55-year record of dividend increases and recently surpassed second-quarter earnings expectations.
Black Hills Energy Supports Volunteer Fire Departments through Funds for Firefighters Program
Black Hills Energy, through its Foundation's Funds for Firefighters program, awarded $165,000 in grants to 72 volunteer and combination fire departments across its service territory. These grants provide critical equipment and resources to help volunteer firefighters protect their communities. In Nebraska alone, 24 fire departments received $40,000 for items like protective gear, wildland firefighting equipment, and communication tools.
Black Hills Corporation stock advances as merger with NorthWestern Energy moves toward final approva
Black Hills Corporation's stock is gaining attention as its all-stock merger with NorthWestern Energy Group, valued at approximately USD 4.43 billion, moves closer to final regulatory approval. The company also reported strong second-quarter 2026 earnings, with net income rising to USD 38.2 million and EPS increasing to USD 0.50. The merger, which has cleared most regulatory hurdles and received shareholder approval, awaits final consent from the Montana Public Service Commission and is expected to close by year-end 2026.
Black Hills Energy supports volunteer fire departments through Funds for Firefighters grant program
Black Hills Energy, through its Black Hills Corporation Foundation's Funds for Firefighters grant program, has awarded $165,000 to 72 volunteer fire departments across seven states. In Nebraska, 24 departments received a total of $40,000 to help purchase crucial equipment and resources. The grants aim to support the vital work of volunteer firefighters in the company's service territories.
California State Teachers Retirement System Sells 2,050 Shares of Black Hills Corporation $BKH
The California State Teachers Retirement System recently reduced its stake in Black Hills Corporation (NYSE:BKH) by selling 2,050 shares, now holding 87,420 shares valued at approximately $6.5 million. This comes as institutional investors own 86.71% of the company, which reported strong quarterly earnings of $0.54 per share, surpassing estimates, and reaffirmed its fiscal 2026 EPS guidance. Black Hills also offers a quarterly dividend of $0.703 per share, yielding 4.0%, and analysts maintain a consensus "Buy" rating with an average price target of $81.67.
WINTON GROUP Ltd Takes Position in Black Hills Corporation $BKH
WINTON GROUP Ltd has acquired 31,480 shares of Black Hills Corporation (NYSE:BKH) during the second quarter, a position valued at approximately $2.34 million. Black Hills Corporation, a utility company, is also heavily owned by institutional investors (86.71%) and has received a consensus "Buy" rating from analysts with an average target price of $81.67. The company recently exceeded its quarterly EPS expectations and pays a quarterly dividend yielding about 3.9%.
BMO Capital Maintains Black Hills Corp(BKH.US) With Buy Rating, Cuts Target Price to $83
BMO Capital has reiterated its Buy rating for Black Hills Corp (BKH.US) but has lowered its price target for the stock to $83. This suggests the firm still sees value in the company despite the adjusted price outlook.
Black Hills Corporation $BKH Shares Acquired by Engineers Gate Manager LP
Engineers Gate Manager LP significantly increased its stake in Black Hills Corporation (NYSE:BKH) by 35.7% in the second quarter, acquiring an additional 379,211 shares, bringing their total to 1.44 million shares valued at $107.3 million. This comes as Black Hills reported strong quarterly earnings of $0.54 EPS, exceeding estimates, and maintaining a 3.8% dividend yield. Institutional ownership remains high at 86.71%, with several major firms also increasing their positions.
HighTower Advisors LLC Boosts Holdings in Black Hills Corporation $BKH
HighTower Advisors LLC increased its stake in Black Hills Corporation (NYSE:BKH) by 18% in the second quarter, bringing its total holdings to 394,572 shares valued at $29.4 million. The utility company reported strong quarterly earnings, beating analyst expectations, and maintained its fiscal 2026 EPS guidance. Analysts generally rate Black Hills as a "Buy" with an average price target of $81.67.
Responsive Playbooks and the BKH Inflection
This article provides an AI-driven analysis of Black Hills Corporation (NYSE: BKH), identifying a mid-channel oscillation pattern and outlining various trading strategies. It highlights a significant 20.6:1 risk-reward short setup and details neutral to strong sentiment across different time horizons, supported by AI-generated signals for entry, target, and stop-loss levels.
Empowered Funds LLC Acquires Shares of 25,712 Black Hills Corporation $BKH
Empowered Funds LLC recently acquired 25,712 shares of Black Hills Corporation (NYSE:BKH) worth approximately $1.91 million, contributing to institutional investors owning 86.71% of the company. Analysts maintain a "Buy" rating with a consensus price target of $81.67. Black Hills reported strong Q2 earnings, beating EPS estimates, and offers an annualized dividend of $2.81 per share, yielding about 3.8%.
Man Group plc Takes $1.26 Million Position in Black Hills Corporation $BKH
Man Group plc has acquired a new stake worth $1.26 million in Black Hills Corporation, purchasing 16,967 shares during the second quarter. Institutional investors now hold 86.71% of the utility company's stock, and analysts have a consensus "Buy" rating with an average price target of $81.67. Black Hills recently exceeded EPS expectations and maintains a quarterly dividend, offering a 3.9% annualized yield.
Corient Private Wealth LP Makes New Investment in Black Hills Corporation $BKH
Corient Private Wealth LP has made a new investment in Black Hills Corporation (NYSE:BKH), acquiring 789,711 shares valued at approximately $3.7 million, representing about 1.04% of the utility company. Other institutional investors like BlackRock Inc., Zimmer Partners LP, and Adage Capital Partners GP L.L.C. have also recently adjusted their positions in the stock. Black Hills reported strong quarterly earnings, beating estimates with $0.54 EPS and maintaining its fiscal 2026 EPS guidance, alongside paying a quarterly dividend of $0.703 per share.
Black Hills Stock: A 439 MW Utility With A 3 GW Data Center Pipeline (NYSE:BKH)
Black Hills Corporation (BKH) is a utility company with a robust financial plan, supported by a 600 MW data center load from Microsoft and Meta, projected to drive over 10% consolidated EPS growth from 2028 with minimal capital outlay. The company also has a significant prospective pipeline of over 2.5 GW, including a 1.8 GW hyperscale project, which offers substantial optionality not yet included in earnings estimates. BKH trades at 16.7x 2026 EPS guidance with a 3.9% dividend yield, indicating stable utility growth and prudent capital allocation.
Hsbc Holdings PLC Acquires Shares of 34,238 Black Hills Corporation $BKH
Hsbc Holdings PLC recently acquired 34,238 shares of Black Hills Corporation (NYSE:BKH) during the second quarter, valuing their new position at approximately $2.56 million. The utility company reported strong quarterly EPS of $0.54, exceeding estimates, and reaffirmed its fiscal 2026 EPS guidance. Black Hills also declared a quarterly dividend of $0.703 per share, representing an attractive 3.9% yield, and analysts maintain a "Buy" rating with an average price target of $81.67.
Legal & General Group Plc Invests $23.95 Million in Black Hills Corporation $BKH
Legal & General Group Plc has invested $23.95 million in Black Hills Corporation, acquiring 321,911 shares, which represents a 0.42% stake. This move comes as institutional investors collectively own 86.71% of the utility company. Analysts maintain a "Buy" rating for Black Hills, with an average price target of $81.67, significantly higher than its recent trading price of $72.75.
How Black Hills Corporation (BKH) Affects Rotational Strategy Timing
This article provides an AI-generated analysis of Black Hills Corporation (BKH) stock, highlighting a neutral near and mid-term outlook with a long-term positive bias. It details institutional trading strategies including position, momentum breakout, and risk hedging, along with multi-timeframe signal analysis, and an exceptional risk-reward setup targeting a 6.5% gain. The report emphasizes the role of AI models in optimizing trading decisions for various risk profiles.
395,331 Shares in Black Hills Corporation $BKH Acquired by The Manufacturers Life Insurance Company
The Manufacturers Life Insurance Company recently acquired 395,331 shares of Black Hills Corporation (NYSE:BKH), valued at approximately $29.4 million, establishing a 0.52% stake in the utility company. This acquisition highlights increased institutional interest, as other major investors like BlackRock Inc. and Zimmer Partners LP also adjusted their positions. Black Hills Corporation reported strong quarterly earnings, beating analyst expectations, and maintained its fiscal 2026 EPS guidance, alongside declaring a quarterly dividend.
Black Hills Energy wants to hike electric rates 32% in northeast Wyoming
Black Hills Energy is proposing a 32% electric rate hike for its 2,600 customers in northeast Wyoming, which would increase the average residential monthly bill by about $32. The utility attributes the need for the increase, its first "base rate" hike since 2014, to infrastructure maintenance, new generation facilities, and rising operational costs. The Wyoming Office of Consumer Advocate has recommended a smaller increase and a later effective date, while the Public Service Commission is set to hold a full hearing on the matter in October.
1 High-Yield Dividend Stock Worth Loading Up On Right Now
Black Hills Corp. (NYSE: BKH) is highlighted as a high-yield dividend stock worth considering due to its consistent growth and efficiency improvements, notably a 31% Q2 EPS growth on 3% revenue growth. The company benefits from increasing data center demand in Wyoming, with major hyperscalers like Microsoft and Meta Platforms driving significant load growth projections. With a 3.8% yield, 56 consecutive years of dividend increases, and a reasonable 66% payout ratio, Black Hills offers a combination of income and growth potential, further supported by a "Strong Buy" rating from Wall Street analysts and a valuation cheaper than its peers.
BHE wants its electricity customers to pay more
Black Hills Energy is seeking a rate increase from the South Dakota Public Utilities Commission to cover the costs of its new Lange II power plant, expected to begin operation in December. The utility is requesting an additional $39.5 million annually, which would result in an average 15.88% increase for residential customers. This move comes as the company prepares to bring its $320 million, 99-megawatt generating station online.
337,335 Shares in Black Hills Corporation $BKH Purchased by Connor Clark & Lunn Investment Management Ltd.
Connor Clark & Lunn Investment Management Ltd. has acquired 337,335 shares of Black Hills Corporation (NYSE:BKH) for approximately $25.1 million during the second quarter, representing a 0.44% stake in the company. Several other institutional investors also adjusted their positions in Black Hills, while director Robert P. Otto sold a portion of his holdings. The article also details Black Hills' recent financial performance, dividend announcement, and analyst ratings.
PEAK6 LLC Takes Position in Black Hills Corporation $BKH
PEAK6 LLC recently acquired 32,248 shares of Black Hills Corporation, valued at approximately $2.4 million, during the second quarter. Other institutional investors also increased their stakes, bringing the total institutional ownership to 86.71%. Black Hills reported better-than-expected EPS and declared a quarterly dividend of $0.703 per share, while analysts maintain a "Buy" rating with an average price target of $81.67.
Magellan Asset Management Ltd Makes New $6.35 Million Investment in Black Hills Corporation $BKH
Magellan Asset Management Ltd has made a new $6.35 million investment in Black Hills Corporation (NYSE:BKH), acquiring 85,307 shares, which represents about 0.11% of the utility company. This adds to the significant institutional ownership of 86.71% in Black Hills. The company recently reported strong quarterly EPS, beating estimates, and declared a quarterly dividend of $0.703 per share, while analysts maintain a consensus "Buy" rating.
Ieq Capital LLC Purchases Shares of 92,351 Black Hills Corporation $BKH
Ieq Capital LLC has acquired a new stake of 92,351 shares in Black Hills Corporation, valued at approximately $6.87 million. Other institutional investors like BlackRock Inc. and State Street Corp have also adjusted their holdings, with institutional ownership of Black Hills now standing at 86.71%. The company maintains a "Buy" consensus rating from analysts, a $81.67 average price target, and recently announced a quarterly dividend of $0.703 per share.
BlackRock Inc. Purchases Shares of 12,482,189 Black Hills Corporation $BKH
BlackRock Inc. recently acquired 12.48 million shares of Black Hills Corporation, valued at $928.7 million, representing a 16.4% stake in the utility company. Other institutional investors also increased their holdings, with institutional ownership now at 86.71%. Black Hills reported strong quarterly EPS, beating analyst expectations, and reaffirmed its fiscal 2026 EPS guidance, while also declaring a quarterly dividend of $0.703 per share.
Ceredex Value Advisors LLC Makes New $10.07 Million Investment in Black Hills Corporation $BKH
Ceredex Value Advisors LLC has made a new investment of $10.07 million in Black Hills Corporation, acquiring 135,300 shares, representing a 0.18% stake. The utility company reported Q2 EPS of $0.54, exceeding estimates, with revenue up 3.1% year-over-year. Black Hills also declared a quarterly dividend of $0.703 per share, yielding 3.9%, and analysts maintain a "Buy" rating with an average price target of $81.67.
Wyoming customers push back as Black Hills seeks 32% rate hike, adding about $32 a month
Black Hills Energy is proposing a 32% increase in electricity rates for its 2,600 customers in northeast Wyoming, amounting to about $32 more per month. Residents are strongly opposing the hike, citing affordability concerns. The Wyoming Office of Consumer Advocate recommends a smaller increase of $3.6 million instead of the requested $5.1 million and disputes the company's request for a retroactive rate hike.
Wyoming customers push back as Black Hills seeks 32% rate hike, adding about $32 a month
Black Hills Energy is proposing a 32% increase in electricity rates for its 2,600 customers in northeast Wyoming, which would add about $32 to average monthly bills. The company attributes the need for the $5.1 million annual increase to rising operational costs, including those for coal plants, payroll, grid maintenance, and investments in new infrastructure. Wyoming's Office of Consumer Advocate has recommended a lower increase of $3.6 million and challenged the company's request for a retroactive application of the new rates.
Black Hills Corporation Stock (BKH) Opinions on NorthWestern Energy Merger | BKH Stock News
This article discusses the ongoing merger between Black Hills Corporation (BKH) and NorthWestern Energy, highlighting regulatory approvals and potential operational benefits. It also provides recent financial data for BKH, including insider trading activity, Q2 2026 revenues of $452.8M, hedge fund movements, government contracts totaling $59,995,378, and analyst price targets with a median of $78.0.
ETFs Investing in Black Hills Corporation Stocks
This article provides a comprehensive list of ETFs that include Black Hills Corporation (BHI) stocks in their holdings. The data is sorted by market value and includes key metrics for each ETF such as weight, issuer, management style, focus, expense ratio, AUM, price, and NAV total return over three years. The purpose is to offer investors insights into various funds providing exposure to BHI, making stock investing more accessible with diversified opportunities and lower risk.
Capital Financial Group Inc. Co. ADV Takes Position in Black Hills Corporation $BKH
Capital Financial Group Inc. Co. ADV recently acquired 23,462 shares of Black Hills Corporation, valued at approximately $1.75 million, making it their 24th largest holding. Other institutional investors have also increased their stakes in the utility company, which reported strong quarterly earnings and declared a quarterly dividend of $0.703 per share. Analysts maintain a consensus "Buy" rating for Black Hills Corporation with an average price target of $81.67.
Black Hills Corporation Submits Pro Forma Financial Data for Merger with NorthWestern Energy
Black Hills Corporation has filed pro forma financial data with the SEC concerning its pending all-stock merger with NorthWestern Energy Group. The filing includes NorthWestern's historical financial statements and unaudited pro forma combined financial information. The merger, announced in August 2025, is still subject to regulatory approvals.
AMG National Trust Bank Buys Shares of 22,427 Black Hills Corporation $BKH
AMG National Trust Bank has acquired 22,427 shares of Black Hills Corporation (NYSE:BKH), valued at approximately $1.67 million, during the second quarter. Other institutional investors have also increased their stakes in the utilities provider, which currently has 86.71% institutional ownership. Black Hills recently reported strong earnings, exceeding analyst expectations, and announced a quarterly dividend.
Black Hills Energy wants to hike electric rates 32% in northeast Wyoming
Black Hills Energy is seeking state regulatory approval for a 32% rate hike, amounting to a $5.1 million annual increase, for its 2,600 customers in northeast Wyoming. This increase, which would add about $32 to the average monthly bill, is attributed to infrastructure maintenance, new generation facilities, and rising operational costs. The Wyoming Office of Consumer Advocate has recommended a smaller increase of $3.6 million and a lower rate of return, while customers and a state senator have voiced concerns about affordability.
