Price to book forward of Black Hills Corporation – NYSE:BKH
The article presents the "Price to book forward" metric for Black Hills Corporation (NYSE: BKH) as observed on TradingView. It shows that the market was closed with no trades at the time of publication. The content, primarily focused on financial data, is contextualized within the broader TradingView platform.
Enterprise value to EBIT forward of Black Hills Corporation – NYSE:BKH
This article provides financial data for Black Hills Corporation (NYSE: BKH), specifically focusing on its Enterprise Value to EBIT (EV/EBIT) forward ratio. The content indicates that market data is provided by ICE Data Services and FactSet Research Systems Inc., with SEC filings sourced from Quartr.
Louisiana State Employees Retirement System Invests $1.52 Million in Black Hills Corporation $BKH
The Louisiana State Employees Retirement System has invested $1.52 million in Black Hills Corporation (NYSE:BKH) by purchasing 21,900 shares during the first quarter. This new position highlights strong institutional interest, with 86.71% of the stock owned by institutional investors. Analysts generally rate Black Hills as a "Buy" with a consensus target price of $81.17, despite the company recently missing its Q1 earnings estimates.
SG Americas Securities LLC Raises Position in Black Hills Corporation $BKH
SG Americas Securities LLC significantly increased its stake in Black Hills Corporation by 315.4% in Q1 2026, now holding 29,220 shares worth approximately $2.0 million. Despite Black Hills missing analyst EPS estimates for Q1, its revenue surpassed expectations, and the company reaffirmed its FY 2026 EPS guidance. The utility stock maintains a bullish "Buy" consensus rating from analysts, a target price of $81.17, and offers a 3.8% dividend yield.
Pictet Asset Management Holding SA Buys 582,523 Shares of Black Hills Corporation $BKH
Pictet Asset Management Holding SA significantly increased its stake in Black Hills Corporation, purchasing 582,523 shares in the first quarter, bringing its total holdings to 593,543 shares valued at approximately $41.2 million. Despite a slight dip in share price and missing Q1 EPS expectations, Black Hills reported revenue exceeding estimates and declared a quarterly dividend of $0.703 per share, yielding 3.8%. Analysts maintain a "Buy" consensus with an average target price of $81.17 for the utility provider.
Black Hills (NYSE:BKH) Share Price Crosses Above 200-Day Moving Average - Here's What Happened
Black Hills (NYSE:BKH) stock recently crossed above its 200-day moving average, trading at $75.12 following a trading session with heavy volume. The company received generally positive analyst sentiment, with several upgrades and a consensus "Buy" rating and an average price target of $81.17, despite mixed quarterly results where EPS missed expectations but revenue exceeded them. Black Hills also declared a quarterly dividend of $0.703 per share, yielding 3.7%, and has seen significant institutional investor activity in recent quarters.
Black Hills Corporation Actuals & Estimates (DUS:BHI)
This article provides a detailed overview of Black Hills Corporation's (DUS:BHI) financial actuals and analyst estimates. It includes information on income statements, balance sheets, cash flow, and valuation metrics, along with analyst price targets, historical stock data, dividend information, and upcoming earnings reports. The report also addresses frequently asked questions about BHI stock.
BKH Forecast — Price Target — Prediction for 2027
This article provides a forecast for Black Hills Corporation (BKH) stock, including analyst price targets, historical performance, and key financial metrics. It highlights that analysts have a maximum price estimate of $87.00 and a minimum of $78.00, with the stock currently trading around $76.04. The report also details the company's recent earnings, revenue, dividends, and market capitalization, offering a comprehensive overview for potential investors.
Black Hills Corporation Actuals & Estimates (NYSE:BKH)
This article provides an overview of Black Hills Corporation (NYSE: BKH) stock, including its current price, market capitalization, and historical performance. It details financial actuals and estimates for earnings and revenue, analyst forecasts for future prices, and dividend information, while also addressing frequently asked questions about the company's stock.
South Dakota Regulators Approve Utility Merger, Creating “Bright Horizons”
South Dakota regulators have unanimously approved the merger of Black Hills Corporation and NorthWestern Energy, forming a new entity called Bright Horizons. The merger includes significant customer protections, such as an extended rate-increase freeze for NorthWestern users, a ban on passing merger costs to consumers, and requirements to maintain offices in Rapid City and Sioux Falls. Commissioners hailed the agreement as historic, emphasizing its financial strengthening of the companies while upholding regulatory safeguards, though it remains subject to potential legal challenges.
Black Hills Corp. Releases 2025 Corporate Sustainability
Black Hills Corp. has released its 2025 Corporate Sustainability Report, detailing significant progress in emission reductions, infrastructure investments, and customer-focused solutions. The company achieved a 43% reduction in electric utility emissions intensity and a 25% reduction in natural gas utility emissions, moving closer to its net-zero by 2035 goal. The report also highlights advancements in innovation, improved system resilience, and economic impact within its service areas.
Black Hills Corp. Releases 2025 Corporate Sustainability Report Highlighting Continued Progress on Goals and Customer-focused Solutions
Black Hills Corp. has released its 2025 Corporate Sustainability Report, detailing significant progress in emissions reduction, infrastructure development, and customer solutions. The report highlights a 43% reduction in electric utility emissions intensity from 2005 levels and a 25% reduction in natural gas utility emissions since 2022. The company also invested $900 million in system improvements and generated $1.65 billion in economic impact, reaffirming its commitment to a sustainable energy future.
South Dakota utility regulators approve Black Hills Energy and NorthWestern merger
South Dakota utility regulators have unanimously approved the merger of Black Hills Energy and NorthWestern Energy, creating a new entity named Bright Horizon Energy valued at an estimated $15.4 billion. The approval includes settlements to protect customers from merger-related costs and delays rate increases, while ensuring headquarters remain in Rapid City. Critics, however, voiced concerns about the creation of a "super monopoly."
Merger of Black Hills Corp. and NorthWestern OK’d
The South Dakota Public Utilities Commission has approved the merger of Black Hills Corporation and NorthWestern Energy, two major electricity and natural gas providers in the state. The new entity will be named Bright Horizons. The merger includes a settlement that ensures no adverse impacts on customers, extends a rate-increase moratorium, and keeps offices in Rapid City and Sioux Falls for specified durations.
Black Hills Corp. Releases 2025 Corporate Sustainability
Black Hills Corp. has released its 2025 Corporate Sustainability Report, detailing progress in emissions reduction, strategic infrastructure investments, and customer-focused energy solutions. The company achieved a 43% reduction in electric utility emissions intensity and a 25% reduction in natural gas utility emissions, alongside significant investments in infrastructure and innovation. Black Hills Corp. reiterates its commitment to a resilient and sustainable energy future while delivering value to customers.
Utility Merger Hearing Canceled as Regulators Weigh Settlements
A scheduled hearing for the proposed merger between Black Hills Corp. and NorthWestern Energy has been canceled. South Dakota regulators are now considering settlement agreements instead, with the Public Utilities Commission set to meet to approve two proposed settlements. The merger would create Bright Horizon Energy Corporation, maintaining headquarters in Rapid City and operations in Sioux Falls, and includes stipulations on future rate increases.
How Investors May Respond To Black Hills (BKH) Customer‑Funded Wyoming Data Center Infrastructure Plan
Black Hills Corporation is progressing with its 1.8-gigawatt Wyoming data center project, notable for its prospective large-load customer directly funding significant development milestones. This customer-backed plan could alter Black Hills' investment profile by providing growth drivers but also involves substantial capital needs and regulatory scrutiny. The company's future is further shaped by an anticipated merger with NorthWestern Energy, which aims to diversify its platform and broaden investment opportunities.
Black Hills (BKH) Investor presentation Summary
Black Hills Corporation (BKH) presented its strategic direction, targeting a 4-6% adjusted EPS CAGR from 2026-2030, supported by a $4.7 billion capital plan and significant data center demand. The company highlighted recent achievements, including meeting earnings guidance, completing rate reviews, and progressing on major projects. Black Hills aims for 6% year-over-year adjusted EPS growth in 2026 and is advancing regulatory and shareholder approvals for its merger with NorthWestern Energy.
How Investors May Respond To Black Hills (BKH) Customer‑Funded Wyoming Data Center Infrastructure Plan
Black Hills Corp. is progressing on a 1.8-gigawatt Wyoming data center project, notable for its prospective customer directly funding US$200 million in construction and infrastructure. This customer-backed funding signals a strong commitment and could significantly impact Black Hills' investment narrative and risk profile, especially when considered alongside its pending merger with NorthWestern Energy. While this initiative points to growth, investors still need to assess the execution, regulatory, and load concentration risks, as well as the substantial capital expenditure required and the timing of regulatory recovery.
How Investors May Respond To Black Hills (BKH) Customer‑Funded Wyoming Data Center Infrastructure Plan
Black Hills Corp. is advancing a 1.8-gigawatt data center project in Cheyenne, Wyoming, significantly funded by a large customer. This development, including over US$200 million in refundable construction contributions, is expected to shape Black Hills' investment narrative and risk profile as a regulated utility focusing on data center load as a growth driver. The article also mentions the pending merger with NorthWestern Energy, which could further diversify the utility's platform and investment opportunities.
Why Black Hills Corp’s business gas service feels so hands-off once it is running
Black Hills Corp provides commercial natural gas services to thousands of small and mid-sized businesses, which are designed to be reliable and largely hands-off for the business owners. The service focuses on predictable bills, continuous supply, and regulated safety measures, making it a stable operational component for companies. While generally smooth, points of friction can arise with new connections or billing complexity, and the company is also addressing future concerns like decarbonization.
Settlements reached in merger of SD utilities
The proposed merger between Black Hills Corporation and NorthWestern Energy in South Dakota will be reviewed by the state Public Utilities Commission after settlements were reached. The commission will decide whether to accept two proposed settlements—one between the companies and a labor organization, and a regulatory settlement addressing future operations and rate increases. The merger would create Bright Horizon Energy Corporation, with headquarters in Rapid City and a corporate office in Sioux Falls, and includes stipulations on not raising electricity and natural gas base rates before certain dates.
Black Hills Corp (BKH) Earnings Forecast: Future EPS & Revenue Growth Estimates
Black Hills Corp (BKH) has an earnings forecast score of 8.40, ranking
BofA Sees Strategic Value in Black Hills (BKH)-NorthWestern (NWE) Combination
BofA upgraded Black Hills Corporation (NYSE:BKH) to Buy, raising its price target to $78, based on the strategic benefits of its impending all-stock merger with NorthWestern Energy (NWE). The analyst believes the combination will provide greater scale, a stronger balance sheet, and expanded infrastructure opportunities, particularly in Wyoming's emerging data center market. Black Hills serves 1.35 million customers across eight states and its LPCS tariff shields existing customers from rate impacts while allowing returns on both company-owned and customer-funded infrastructure.
Black Hills Corp. Requests Rate Review in Colorado
Black Hills Corp. announced its Colorado electric utility has filed a rate review application with the Colorado Public Utilities Commission. The company is seeking $26.7 million in new annual revenue to recover approximately $184 million in critical investments made to improve reliability and strengthen the electric grid for its 102,000 customers. Black Hills Corp. aims to implement new rates in the first quarter of 2027.
Cohen & Steers Inc. Buys 209,135 Shares of Black Hills Corporation $BKH
Cohen & Steers Inc. significantly increased its stake in Black Hills Corporation, acquiring an additional 209,135 shares to reach a total of 1.39 million shares valued at approximately $96.2 million. This comes as Black Hills reported a quarterly EPS of $1.79, missing analyst expectations, though revenue slightly exceeded estimates at $780.7 million. The company, which is a utility provider, maintains an attractive dividend yield of about 3.8% and has a consensus "Buy" rating from analysts with an $81.17 target price.
Black Hills electric utility files for $26.7m rate increase By Investing.com
Black Hills Corp. has applied to the Colorado Public Utilities Commission for a $26.7 million annual rate increase for its electric utility operations, citing $184 million in capital investments for reliability and grid improvements. The company, which seeks a 10.5% return on equity and plans to implement new rates in Q1 2027, has also made recent news for missing Q1 2026 earnings expectations and progressing on a 1.8-gigawatt data center project in Wyoming. Despite significant debt, Black Hills has maintained financial stability, marked by 55 consecutive years of dividend increases.
Black Hills electric utility files for $26.7m rate increase
Black Hills Corp. has applied to the Colorado Public Utilities Commission for a $26.7 million annual revenue increase for its electric utility operations, seeking to recover $184 million in capital investments for reliability, grid strengthening, and generation infrastructure. The company, which serves over 102,000 electric customers in Southern Colorado, is requesting a 10.5% return on equity and plans to implement new rates in Q1 2027. This move follows a recent Q1 2026 earnings shortfall, though the company notes a 55-year consecutive dividend increase, reflecting financial stability despite a significant debt burden.
Black Hills Corp. Requests Rate Review in Colorado
Black Hills Corp.'s Colorado electric utility has filed a rate review application with the Colorado Public Utilities Commission, seeking $26.7 million in new annual revenue to recover $184 million in critical investments made since its last review. The investments aim to improve reliability, strengthen the electric grid, and extend the life of key generation infrastructure for its over 102,000 customers in Southern Colorado. The company anticipates implementing new rates in the first quarter of 2027.
Colorado utility serving over 102,000 customers seeks $26.7M more a year
Black Hills Corp. has filed a rate review application in Colorado, seeking an additional $26.7 million in annual revenue to recover $184 million invested in infrastructure. This move is aimed at improving reliability and extending the life of generation assets for over 102,000 customers, with new rates projected to take effect in Q1 2027. The company's request is based on a 10.5% return on equity and a specific capital structure.
Black Hills Corp. Files Rate Review Application for $26.7 Million Revenue Increase in Colorado Electric Utility
Black Hills Corp. has applied to the Colorado Public Utilities Commission for a $26.7 million annual revenue increase to cover infrastructure and operational costs for its Southern Colorado electric utility. The company aims to recover $184 million in investments made since its last rate review, which are intended to improve reliability and extend the life of key infrastructure, ensuring safer and more dependable energy service for over 102,000 customers. The requested rate adjustments, based on a 10.5% return on equity and a 51.02% equity structure, are expected to be implemented in the first quarter of 2027.
Black Hills Corp. Requests Rate Review in Colorado
Black Hills Corp.'s Colorado electric utility has filed a rate review application with the Colorado Public Utilities Commission. The company is seeking $26.7 million in new annual revenue to recover approximately $184 million in critical investments made to improve reliability and strengthen the electric grid for its 102,000 customers in Southern Colorado. They aim to implement new rates in the first quarter of 2027.
Black Hills Facing Merger, Data Center Value Creation Opportunity, BofA Says
Bank of America highlighted Black Hills (BKH) as facing a merger and data center value creation opportunity. The article also mentions Unity Software's (U.US) fourth-quarter earnings report, which showed a 35% year-over-year revenue increase to $609 million, surpassing analyst estimates, despite reporting a quarterly loss of 66 cents per share. The full details of the Black Hills analysis are behind a login wall.
Black Hills raised to Buy at BofA on data center value creation opportunity (BKH:NYSE)
Bank of America upgraded Black Hills (BKH) to Buy from Neutral, increasing its price target to $78 from $76. The upgrade is based on the belief that the current share price does not reflect the potential earnings growth, financing, and valuation benefits opportunities related to data center value creation for the utility company. Black Hills saw a 0.4% increase in Thursday's trading following this news.
Black Hills (NYSE:BKH) Upgraded to Buy at Bank of America
Bank of America upgraded Black Hills (NYSE:BKH) from a "neutral" to a "buy" rating, raising its price target to $78, indicating an 8.2% upside. This upgrade contributes to a generally positive analyst outlook, with a consensus "Buy" rating and an average price target of $81.80 despite a recent downgrade from another firm. The company's shares rose 6.3%, and its latest quarterly results showed revenue slightly above estimates with EPS of $1.79.
Black Hills Jumps 5.4% Amid Sector-Wide Rally
Black Hills Corporation (BKH) saw a significant 5.4% surge, closing at $71.47, as part of a broader rally across the utilities sector. This sector-wide advance, also affecting peers like NWE which gained 5.5%, suggests macro forces such as shifting interest rate expectations or a rotation into defensive utilities by institutional investors are at play, rather than company-specific news for Black Hills. Investors should monitor whether this sector momentum continues.
Black Hills (NYSE:BKH) Trading Up 6.5% - What's Next?
Black Hills Corporation (NYSE:BKH) saw its stock price increase by 6.5% during Wednesday trading, reaching an intraday high of $72.20. This surge was accompanied by above-average trading volume and follows mixed quarterly results, where the company missed EPS estimates but beat revenue expectations. Analyst sentiment remains generally positive, with a "Moderate Buy" consensus and an average price target of $81.40.
Not In Our Backyard: Rural Cheyenne Residents Don’t Want Black Hills Gas Plant
Rural Cheyenne residents are strongly opposing Black Hills Energy's plans to build a large natural gas power plant with battery storage on a 935-acre site near Horse Creek Road. During a "contentious" local meeting, residents expressed concerns that the project is intended to power a data center, will negatively change the agricultural community’s character, and will strain local resources like water. This opposition comes as Black Hills Energy is pursuing a multi-billion dollar merger, which residents fear will reduce the company's local accountability.
Black Hills Jumps 5.4% Amid Sector-Wide Rally
Black Hills Corporation (BKH) saw its stock surge by 5.4% on Wednesday, closing at $71.47, as part of a broader rally in the utilities sector. This increase, alongside similar gains by peers like NWE, suggests a macro-driven buying pressure, possibly due to shifting sentiment around interest rates or a rotation into defensive utility plays by institutional investors. Investors are advised to observe if this sector momentum continues, as the exact drivers beyond generalized market conditions remain unclear without specific news catalysts.
Black Hills Corp. Provides an Update on 1.8-Gigawatt Project in Cheyenne
Black Hills Corp. provided an update on its 1.8-gigawatt data center project in Cheyenne, Wyoming, confirming that it continues to advance the project directly with the hyperscaler customer. Despite the former development partner, Crusoe, no longer being involved, the project is progressing as planned with service expected to begin in early 2028. The company has secured over $200 million in refundable contributions from the customer for milestone payments and generation equipment, underscoring its commitment to delivering the necessary infrastructure.
Black Hills Corp. Provides an Update on 1.8-Gigawatt Project in Cheyenne
Black Hills Corp. has provided an update on the proposed 1.8-gigawatt data center project in Cheyenne, Wyoming, confirming that it is advancing as planned despite Crusoe no longer being the development partner. The company emphasizes its commitment to the hyperscaler customer, with service still expected to begin in early 2028. It has procured long lead-time generation equipment and received over $200 million in refundable contributions from the customer.
Geode Capital Management LLC Boosts Stake in Black Hills Corporation $BKH
Geode Capital Management LLC increased its stake in Black Hills Corporation (NYSE:BKH) by 3.0% in the fourth quarter, bringing its total holdings to 1.89 million shares valued at about $131.5 million. This reflects a broader trend of institutional investment, with various hedge funds boosting their positions, resulting in 86.71% of Black Hills stock being institutionally owned. Analysts maintain a "Moderate Buy" consensus for BKH with an $81.40 price target, despite the company recently missing EPS estimates but exceeding revenue expectations, while also maintaining a 3.9% dividend yield.
86,219 Shares in Black Hills Corporation $BKH Acquired by BW Gestao de Investimentos Ltda.
BW Gestao de Investimentos Ltda. recently acquired 86,219 shares of Black Hills Corporation, valued at approximately $5.99 million, representing a new position and about 0.12% ownership in the company. Black Hills reported mixed Q1 earnings, missing EPS estimates but exceeding revenue expectations, and reaffirmed its FY 2026 EPS guidance. The company maintains a "Moderate Buy" consensus rating from analysts, with an average price target of $81.40, and pays a quarterly dividend of $0.703 per share.
An innovative force in the US’ energy infrastructure, Black Hills Energy provides resilience where it matters most
Black Hills Energy, an investor-owned utility, is enhancing its energy infrastructure with the $320 million Lange II project. This initiative involves constructing a 99-megawatt generating station using Wärtsilä 50DF RICE units, designed for dual-fuel capability and rapid response to ensure grid stability and resilience, especially during challenging winter months and amidst increasing renewable energy integration. The project, which broke ground in August 2025 and is expected to be in commercial operation by Q4 2026, aims to replace older generation resources and provide reliable power to 1.35 million customers across eight states.
Commonwealth of Pennsylvania Public School Empls Retrmt SYS Sells 14,548 Shares of Black Hills Corporation $BKH
The Commonwealth of Pennsylvania Public School Empls Retrmt SYS has reduced its stake in Black Hills Corporation (NYSE:BKH) by 10.6% in the fourth quarter, selling 14,548 shares. Despite this sale, the firm still holds 122,582 shares valued at approximately $8.51 million, and institutional ownership remains high at 86.71%. Black Hills recently reported mixed Q4 earnings, missing EPS estimates but exceeding revenue expectations, while maintaining its FY 2026 EPS guidance.
Trading the Move, Not the Narrative: (BKH) Edition
This article provides a detailed stock analysis for Black Hills Corporation (NYSE: BKH) from Stock Traders Daily. It highlights neutral near and mid-term readings but a positive long-term bias, noting a breakdown with expected lower levels. The analysis includes AI-generated institutional trading strategies for various risk profiles, focusing on position trading, momentum breakout, and risk hedging, along with multi-timeframe signal analysis.
Legal & General Group Plc Lowers Position in Black Hills Corporation $BKH
Legal & General Group Plc reduced its stake in Black Hills Corporation by 9.8% in the fourth quarter, selling 36,703 shares and now owning 339,452 shares valued at approximately $23.6 million. Black Hills reported mixed quarterly results, with EPS of $1.79 missing consensus but revenue of $780.7 million exceeding expectations, and also announced a quarterly dividend of $0.703 per share. The company maintains a "Moderate Buy" rating from analysts with a consensus target price of $81.40.
Black Hills Corp director Otto sells $304,969 in common stock
Robert P. Otto, a director at Black Hills Corp (NASDAQ:BKH), sold 4,109 shares of common stock for $304,969 on May 27, 2026, holding 10,885.9672 shares directly afterward. This transaction occurred shortly after the company reported first-quarter 2026 earnings that missed analyst expectations, despite an after-hours stock price increase. Otto also holds 9,764.9995 phantom stock units, convertible to common stock upon retirement.
Black Hills Corp director Otto sells $304,969 in common stock
Robert P. Otto, a director at Black Hills Corp (NASDAQ:BKH), recently sold 4,109 shares of the company's common stock for over $304,000. Following the sale, Otto directly holds 10,885.9672 shares and indirectly holds nearly 9,765 phantom stock units, which convert to common stock upon retirement. The sale price was close to the stock's Fair Value, and the company maintains a 3.77% dividend yield, having raised its dividend for 55 consecutive years.
BKH - Merger Of Equals Will Create A Leading Regional Utility Platform
Analysts have raised their average price target for Black Hills (BKH) to $83, citing updated assumptions regarding revenue growth, profit margins, and P/E outlook, reflecting positive sentiment driven by increased demand from tech-driven customers and strategic capital investments. However, risks include heavy capital expenditure, reliance on volatile customer segments like data centers and blockchain, and vulnerability to regulatory changes or extreme weather events. The consensus price target of $83 assumes Black Hills will achieve $3.6 billion in revenues and $578.3 million in earnings by 2029, trading at a P/E ratio of 15.3x.
