Black Hills Corporation (BKH)Utilities | Utilities - Regulated Gas | Rapid City, United States | NYSE
76.78 USD
+0.90
(1.193%)
⇧
(Oct. 16, 2026, 3:05 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 11:41 a.m. EDT
Black Hills offers a compelling case for income-focused investors seeking stability within the regulated utility sector. The company's fundamentals remain robust, supported by a consistent track record of dividend growth and a payout ratio that leaves ample room for sustainability. While the stock trades near its 52-week highs, analyst consensus remains optimistic with a target price suggesting nearly double-digit upside. However, the options market reveals a cautious undercurrent, with significant downside protection purchased by traders. This tension between bullish analyst targets and defensive hedging suggests the path ahead may be volatile, but the underlying business quality supports a solid long-term hold. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.022676 |
| AutoETS | 0.022980 |
| MSTL | 0.023550 |
| AutoTheta | 0.034554 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 63% |
| H-stat | 6.55 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.289 |
| Excess Kurtosis | -1.10 |
| Attribute | Value |
|---|---|
| Sector | Utilities |
| Ex Dividend Date | 2026-08-16 |
| Last Dividend Date | 2026-08-16 |
| Debt to Equity Ratio | 111.686 |
| Revenue per Share | 30.719 |
| Market Cap | 5,854,335,488 |
| Trailing P/E | 19.34 |
| Forward P/E | 16.55 |
| Beta | 0.66 |
| Profit Margins | 13.01% |
| Website | https://ir.blackhillscorp.com |
As of Oct. 10, 2026, 11:41 a.m. EDT: Speculators are displaying a mixed sentiment. Near-term call activity shows interest at the 80 strike, hinting at upside expectations, while put volume is concentrated heavily at 65 and 70 strikes, indicating significant downside hedging. Implied volatility is elevated on near-term puts, suggesting traders are pricing in a risk of a pullback despite the recent price rally.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.96% | 3.85% | 4.35% | 4.08% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-08-17 | 0.703000 | 0.957896 |
| 2026-05-15 | 0.703000 | 0.965129 |
| 2026-02-17 | 0.703000 | 0.955553 |
| 2025-11-17 | 0.676000 | 0.972102 |
| 2025-08-18 | 0.676000 | 1.120133 |
| 2025-05-16 | 0.676000 | 1.155753 |
| 2025-02-18 | 0.676000 | 1.143244 |
| 2024-11-18 | 0.650000 | 1.032402 |
| 2024-08-19 | 0.650000 | 1.130828 |
| 2024-05-16 | 0.650000 | 1.141753 |
| 2024-02-15 | 0.650000 | 1.241406 |
| 2023-11-16 | 0.625000 | 1.223092 |
| 2023-08-17 | 0.625000 | 1.125923 |
| 2023-05-17 | 0.625000 | 0.986894 |
| 2023-02-13 | 0.625000 | 0.981162 |
| 2022-11-16 | 0.625000 | 0.933254 |
| 2022-08-17 | 0.595000 | 0.755652 |
| 2022-05-17 | 0.595000 | 0.785479 |
| 2022-02-11 | 0.595000 | 0.892589 |
| 2021-11-16 | 0.595000 | 0.921195 |
| 2021-08-17 | 0.565000 | 0.780926 |
| 2021-05-17 | 0.565000 | 0.855542 |
| 2021-02-11 | 0.565000 | 0.913353 |
| 2020-11-16 | 0.565000 | 0.868162 |
| 2020-08-17 | 0.535000 | 0.923847 |
| 2020-05-15 | 0.535000 | 0.956895 |
| 2020-02-13 | 0.535000 | 0.630450 |
| 2019-11-15 | 0.535000 | 0.707766 |
| 2019-08-16 | 0.505000 | 0.654399 |
| 2019-05-16 | 0.505000 | 0.666755 |
| 2019-02-14 | 0.505000 | 0.726305 |
| 2018-11-16 | 0.505000 | 0.796781 |
| 2018-08-17 | 0.475000 | 0.775764 |
| 2018-05-17 | 0.475000 | 0.845196 |
| 2018-02-14 | 0.475000 | 0.917697 |
| 2017-11-16 | 0.475000 | 0.800742 |
| 2017-08-16 | 0.445000 | 0.636533 |
| 2017-05-16 | 0.445000 | 0.650680 |
| 2017-02-13 | 0.445000 | 0.719366 |
| 2016-11-15 | 0.420000 | 0.715746 |
| 2016-08-16 | 0.420000 | 0.725013 |
| 2016-05-16 | 0.420000 | 0.698022 |
| 2016-02-11 | 0.420000 | 0.813323 |
| 2015-11-13 | 0.405000 | 0.920455 |
| 2015-08-14 | 0.405000 | 0.959943 |
| 2015-05-14 | 0.405000 | 0.861519 |
| 2015-02-11 | 0.405000 | 0.820835 |
| 2014-11-13 | 0.390000 | 0.716648 |
| 2014-08-13 | 0.390000 | 0.753478 |
| 2014-05-14 | 0.390000 | 0.695683 |
| 2014-02-12 | 0.390000 | 0.719159 |
| 2013-11-13 | 0.380000 | 0.741898 |
| 2013-08-14 | 0.380000 | 0.736149 |
| 2013-05-15 | 0.380000 | 0.770166 |
| 2013-02-13 | 0.380000 | 0.925700 |
| 2012-11-14 | 0.370000 | 1.091445 |
| 2012-08-15 | 0.370000 | 1.171999 |
| 2012-05-16 | 0.370000 | 1.147287 |
| 2012-02-14 | 0.370000 | 1.081239 |
| 2011-11-15 | 0.365000 | 1.113824 |
| 2011-08-16 | 0.365000 | 1.242342 |
| 2011-05-16 | 0.365000 | 1.183144 |
| 2011-02-11 | 0.365000 | 1.196329 |
| 2010-11-15 | 0.360000 | 1.208459 |
| 2010-08-16 | 0.360000 | 1.169211 |
| 2010-05-14 | 0.360000 | 1.170351 |
| 2010-02-10 | 0.360000 | 1.392111 |
| 2009-11-13 | 0.355000 | 1.484114 |
| 2009-08-14 | 0.355000 | 1.365385 |
| 2009-05-14 | 0.355000 | 1.789315 |
| 2009-02-11 | 0.355000 | 1.586947 |
| 2008-11-12 | 0.350000 | 1.468121 |
| 2008-08-13 | 0.350000 | 1.065773 |
| 2008-05-14 | 0.350000 | 0.977654 |
| 2008-02-13 | 0.350000 | 0.910747 |
| 2007-11-14 | 0.350000 | 0.858685 |
| 2007-08-15 | 0.340000 | 0.843882 |
| 2007-05-16 | 0.340000 | 0.832313 |
| 2007-02-13 | 0.340000 | 0.860542 |
| 2006-11-15 | 0.330000 | 0.931677 |
| 2006-08-16 | 0.330000 | 0.945559 |
| 2006-05-16 | 0.330000 | 0.954309 |
| 2006-02-13 | 0.330000 | 0.960140 |
| 2005-11-15 | 0.320000 | 0.840999 |
| 2005-08-16 | 0.320000 | 0.814249 |
| 2005-05-16 | 0.320000 | 0.933761 |
| 2005-02-11 | 0.320000 | 1.024984 |
| 2004-11-15 | 0.310000 | 0.994546 |
| 2004-08-12 | 0.310000 | 1.151133 |
| 2004-05-13 | 0.310000 | 1.075642 |
| 2004-02-12 | 0.310000 | 1.043771 |
| 2003-11-12 | 0.300000 | 0.937500 |
| 2003-08-13 | 0.300000 | 0.961538 |
| 2003-05-16 | 0.300000 | 1.081861 |
| 2003-02-12 | 0.300000 | 1.347709 |
| 2002-11-13 | 0.290000 | 1.225180 |
| 2002-08-14 | 0.290000 | 1.111111 |
| 2002-05-15 | 0.290000 | 0.826446 |
| 2002-02-13 | 0.290000 | 0.997935 |
| 2001-11-15 | 0.280000 | 0.944032 |
| 2001-08-14 | 0.280000 | 0.778210 |
| 2001-05-16 | 0.280000 | 0.517082 |
| 2001-02-14 | 0.280000 | 0.714286 |
| 2000-11-15 | 0.270000 | 0.929032 |
| 2000-08-16 | 0.270000 | 1.058824 |
| 2000-05-10 | 0.270000 | 1.177112 |
| 2000-02-09 | 0.270000 | 1.077307 |
| 1999-11-09 | 0.260000 | 1.198847 |
| 1999-08-11 | 0.260000 | 1.034826 |
| 1999-05-12 | 0.260000 | 1.133515 |
| 1999-02-10 | 0.260000 | 1.106383 |
| 1998-11-10 | 0.250000 | 0.970874 |
| 1998-08-12 | 0.250000 | 1.063830 |
| 1998-05-13 | 0.250000 | 1.101928 |
| 1998-02-11 | 0.250000 | 1.102941 |
| 1997-11-12 | 0.236667 | 1.185806 |
| 1997-08-13 | 0.236667 | 1.259425 |
| 1997-05-14 | 0.236667 | 1.302754 |
| 1997-02-12 | 0.236667 | 1.285070 |
| 1996-11-13 | 0.230000 | 1.386935 |
| 1996-08-14 | 0.230000 | 1.475936 |
| 1996-05-15 | 0.230000 | 1.415385 |
| 1996-02-14 | 0.230000 | 1.373134 |
| 1995-11-08 | 0.220000 | 1.333333 |
| 1995-08-09 | 0.220000 | 1.427027 |
| 1995-05-08 | 0.220000 | 1.590361 |
| 1995-02-06 | 0.220000 | 1.396825 |
| 1994-11-04 | 0.220000 | 1.670886 |
| 1994-08-08 | 0.220000 | 1.692308 |
| 1994-05-09 | 0.220000 | 1.580838 |
| 1994-02-07 | 0.220000 | 1.534884 |
| 1993-11-05 | 0.213333 | 1.422220 |
| 1993-08-09 | 0.213333 | 1.267325 |
| 1993-05-10 | 0.213333 | 1.230767 |
| 1993-02-08 | 0.213333 | 1.219046 |
| 1992-11-06 | 0.206667 | 1.192310 |
| 1992-08-10 | 0.206667 | 1.087721 |
| 1992-05-11 | 0.206667 | 0.995986 |
| 1992-02-04 | 0.206667 | 1.166146 |
| 1991-11-04 | 0.195556 | 1.248230 |
| 1991-08-12 | 0.195556 | 1.239439 |
| 1991-05-06 | 0.195556 | 1.205482 |
| 1991-02-04 | 0.195556 | 1.413658 |
| 1990-11-05 | 0.182222 | 1.576921 |
| 1990-08-06 | 0.182222 | 1.490907 |
| 1990-05-07 | 0.182222 | 1.504585 |
| 1990-02-05 | 0.182222 | 1.518517 |
| 1989-11-13 | 0.168889 | 1.375567 |
| 1989-08-14 | 0.168889 | 1.304722 |
| 1989-05-08 | 0.168889 | 1.490197 |
| 1989-02-06 | 0.168889 | 1.490197 |
| 1988-11-04 | 0.155556 | 1.302329 |
| 1988-08-08 | 0.155556 | 1.272731 |
| 1988-05-09 | 0.155556 | 1.386143 |
| 1988-02-08 | 0.155556 | 1.458337 |
| 1986-11-07 | 0.126667 | 1.163268 |
| 1986-08-11 | 0.126667 | 1.106799 |
| 1986-05-12 | 0.126667 | 1.239134 |
| 1986-02-03 | 0.126667 | 1.333337 |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.20256782 |
| Address1 | 7,001 Mount Rushmore Road |
| All Time High | 87.12 |
| All Time Low | 1.25 |
| Ask | 76.82 |
| Ask Size | 200 |
| Audit Risk | 3 |
| Average Analyst Rating | 1.1 - Strong Buy |
| Average Daily Volume10 Day | 1,662,900 |
| Average Daily Volume3 Month | 989,492 |
| Average Volume | 989,492 |
| Average Volume10Days | 1,662,900 |
| Beta | 0.662 |
| Bid | 76.74 |
| Bid Size | 100 |
| Board Risk | 1 |
| Book Value | 51.712 |
| City | Rapid City |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 1 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 76.775 |
| Current Ratio | 0.523 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 77.18 |
| Day Low | 75.35 |
| Debt To Equity | 111.686 |
| Display Name | Black Hills |
| Dividend Date | 1,788,220,800 |
| Dividend Rate | 2.81 |
| Dividend Yield | 3.71 |
| Earnings Call Timestamp End | 1,793,908,800 |
| Earnings Call Timestamp Start | 1,793,908,800 |
| Earnings Growth | 0.316 |
| Earnings Quarterly Growth | 0.389 |
| Earnings Timestamp | 1,793,822,400 |
| Earnings Timestamp End | 1,793,822,400 |
| Earnings Timestamp Start | 1,793,822,400 |
| Ebitda | 839,200,000 |
| Ebitda Margins | 0.36498 |
| Enterprise To Ebitda | 12.259 |
| Enterprise To Revenue | 4.474 |
| Enterprise Value | 10,288,025,600 |
| Eps Current Year | 4.355 |
| Eps Forward | 4.64 |
| Eps Trailing Twelve Months | 3.97 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,786,924,800 |
| Exchange | NYQ |
| Exchange Data Delayed By | 20 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 72.6692 |
| Fifty Day Average Change | 4.1058044 |
| Fifty Day Average Change Percent | 0.05649993 |
| Fifty Two Week Change Percent | 20.256783 |
| Fifty Two Week High | 78.69 |
| Fifty Two Week High Change | -1.9150009 |
| Fifty Two Week High Change Percent | -0.024336012 |
| Fifty Two Week Low | 62.1 |
| Fifty Two Week Low Change | 14.675003 |
| Fifty Two Week Low Change Percent | 0.23631245 |
| Fifty Two Week Range | 62.1 - 78.69 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 99,239,400,000 |
| Five Year Avg Dividend Yield | 3.94 |
| Float Shares | 75,880,263 |
| Forward Eps | 4.64 |
| Forward P E | 16.546337 |
| Free Cashflow | -77,750,000 |
| Full Exchange Name | NYSE |
| Full Time Employees | 2,795 |
| Fullday Change | 0.9049988 |
| Fullday Change Percent | 1.1928282 |
| Fullday Price | 76.775 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.39716 |
| Gross Profits | 913,200,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.00482 |
| Held Percent Institutions | 1.04413 |
| Implied Shares Outstanding | 76,253,141 |
| Industry | Utilities - Regulated Gas |
| Industry Disp | Utilities - Regulated Gas |
| Industry Key | utilities-regulated-gas |
| Ir Website | http://www.blackhillscorp.com/ir/ir.htm |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Dividend Date | 1,786,924,800 |
| Last Dividend Value | 0.703 |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 889,574,400 |
| Last Split Factor | 3:2 |
| Long Business Summary | Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. The company operates through the Electric Utilities and Gas Utilities segments. The Electric Utilities segment engages in the generation, transmission, and distribution of electricity to electric utility customers in Colorado, Montana, South Dakota, and Wyoming; ownership and operation of 1,386 megawatts of generation capacity, and 9,478 miles of electric transmission and distribution lines; sale of excess power to other utilities and marketing companies; and ownership and operation of non-regulated power generation and mining assets. Its Gas Utilities segment is involved in the distribution of natural gas to approximately 1,138,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming; ownership and operation of 4,581 miles of intrastate gas transmission pipelines; 44,840 miles of gas distribution mains and service lines; seven natural gas storage sites; and approximately 50,000 horsepower of compression and 494 miles of gathering lines. The company also provides non-regulated services to its retail customers, including Service Guard Comfort Plan, which provides home appliance repair services through on-going monthly service agreements to residential utility customers; Tech Services, which include construction and maintenance of customer-owned gas infrastructure facilities, as well as electrical system construction services; and HomeServe, which are additional home repair service plans for natural gas residential customers. In addition, the company produces electric power through wind, natural gas, and coal-fired generating plants, as well as coal at its coal mine located near Gillette, Wyoming. Black Hills Corporation was incorporated in 1941 and is headquartered in Rapid City, South Dakota. |
| Long Name | Black Hills Corporation |
| Market | us_market |
| Market Cap | 5,854,335,488 |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_255902 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | 299,100,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 5,376,608,971 |
| Number Of Analyst Opinions | 7 |
| Open | 76.22 |
| Operating Cashflow | 628,300,032 |
| Operating Margins | 0.21422 |
| Overall Risk | 2 |
| Payout Ratio | 0.6947 |
| Peg Ratio | 1.75 |
| Phone | 605 721 1700 |
| Previous Close | 75.87 |
| Price Eps Current Year | 17.629162 |
| Price Hint | 2 |
| Price To Book | 1.484665 |
| Price To Sales Trailing12 Months | 2.546138 |
| Profit Margins | 0.13008 |
| Quick Ratio | 0.265 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.14286 |
| Region | US |
| Regular Market Change | 0.9049988 |
| Regular Market Change Percent | 1.1928282 |
| Regular Market Day High | 77.18 |
| Regular Market Day Low | 75.35 |
| Regular Market Day Range | 75.35 - 77.18 |
| Regular Market Open | 76.22 |
| Regular Market Previous Close | 75.87 |
| Regular Market Price | 76.775 |
| Regular Market Time | 1,792,177,549 |
| Regular Market Volume | 540,004 |
| Return On Assets | 0.0322 |
| Return On Equity | 0.07958 |
| Revenue Growth | 0.031 |
| Revenue Per Share | 30.719 |
| Sand P52 Week Change | 0.16207206 |
| Sector | Utilities |
| Sector Disp | Utilities |
| Sector Key | utilities |
| Share Holder Rights Risk | 5 |
| Shares Outstanding | 76,253,141 |
| Shares Percent Shares Out | 0.1462 |
| Shares Short | 11,145,304 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 10,370,299 |
| Short Name | Black Hills Corporation |
| Short Percent Of Float | 0.19459999 |
| Short Ratio | 10.81 |
| Source Interval | 15 |
| State | SD |
| Symbol | BKH |
| Target High Price | 91.0 |
| Target Low Price | 78.0 |
| Target Mean Price | 84.85714 |
| Target Median Price | 86.0 |
| Total Cash | 71,500,000 |
| Total Cash Per Share | 0.938 |
| Total Debt | 4,493,899,776 |
| Total Revenue | 2,299,300,096 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 2.758 |
| Trailing Annual Dividend Yield | 0.03635165 |
| Trailing Eps | 3.97 |
| Trailing P E | 19.33879 |
| Trailing Peg Ratio | 2.5109 |
| Triggerable | 1 |
| Two Hundred Day Average | 72.88065 |
| Two Hundred Day Average Change | 3.8943481 |
| Two Hundred Day Average Change Percent | 0.053434595 |
| Type Disp | Equity |
| Volume | 540,004 |
| Website | https://ir.blackhillscorp.com |
| Zip | 57,702 |