Black Hills (NYSE:BKH) Stock

Black Hills

Black Hills Corp is a U.S.-based energy company that operates through its Electric Utilities and Gas Utilities segment. These segments operate in states in the Midwest and mountain regions in the U.S. The company's customers include residential, commercial, industrial, and municipal consumers. These customers are residential. Black Hills derives the majority of its revenue from its utility business group, specifically from gas utilities.

Black Hills Corp

Black Hawk Acquisition Corporation - Class A Ordinary Shares

Black Hawk Acquisition Corp

Black Hawk Acquisition Corporation - Rights

Black Hawk Acquisition Corporation - Units

BANK HAPOLAM BM ORD by Bank Hapoalim B.M.

Bank Hapoalim BM

BANK HAPOALIM B.M.ADR144A by Bank Hapoalim B.M.

BNY Mellon High Yield ETF

BANK HAPOALIM B.M. S/ADR by Bank Hapoalim B.M.

Black Hills Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKH#NYSE">BKH</a>) today announced that its South Dakota electric utility subsidiary serving South Dakota and eastern Wyoming has received approval from the Wyoming Public Service Commission for a certificate of public convenience and necessity (CPCN) that supports the need for its Lange II Project, a 99 MW dispatchable generation resource in Rapid City, South Dakota. The approval allows commencement of&nbsp;construction of the project, which addresses a capacity deficit resulting from the retirement of other aging generation units, as well as an increase in planning reserve margin to ensure the utility has a reliable energy supply.
Lange II will include six reciprocating internal combustion engines (RICE) with dual-fuel optionality of natural gas and diesel, and related interconnection facilities. These were identified as the least-cost resource to continue to reliably serve customers in South Dakota and eastern Wyoming. The project is estimated to cost $280 million.
Construction is planned to commence during the third quarter of 2025 and the project is expected to start serving customers in the second half of 2026.

News

Black Hills Secures Wyoming PSC Approval For Lange II Project, Advancing 99 MW Dispatchable Generation In Rapid City

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a<a href="https://www.benzinga.com/yield-investments"> high dividend payout</a>.
Benzinga readers can review the latest analyst takes on their favorite stocks by visiting <a href="https://www.benzinga.com/analyst-stock-ratings">Analyst Stock Ratings</a> page. Traders can sort through Benzinga's extensive database of analyst ratings, including <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">by analyst accuracy</a>.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the utilities sector.
<h3 class="wp-block-heading">The AES Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AES#NYSE">AES</a>)</h3>
<ul class="wp-block-list">
<li>Dividend Yield: 6.43%</li>
<li>Argus Research analyst Gary Hovis downgraded the stock from Buy to Hold on May 27, 2025. This analyst has an accuracy rate of 62%.</li>
<li>Jefferies analyst Julien Dumoulin-Smith downgraded the stock from Hold to Underperform and cut the price target from $10 to $9 on May 20, 2025. This analyst has an accuracy rate of 68%.</li>
<li>Recent News: On May 1, AES reaffirmed its 2025 guidance and long-term growth rate targets.</li>
<li>Benzinga Pro&#8217;s real-time newsfeed alerted to latest AES <a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0610">news</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0610"><img loading="lazy" decoding="async" width="907" height="836" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10074549/image-139.png" alt="" class="wp-image-944552" style="width:656px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10074549/image-139.png 907w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10074549/image-139-300x277.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10074549/image-139-768x708.png 768w" sizes="(max-width: 907px) 100vw, 907px" /></a></figure>
<h3 class="wp-block-heading">Avista Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AVA#NYSE">AVA</a>)</h3>
<ul class="wp-block-list">
<li>Dividend Yield: 5.25%</li>
<li>Jefferies analyst Julien Dumoulin-Smith maintained a Hold rating and cut the price target from $40 to $39 on Jan. 28, 2025. This analyst has an accuracy rate of 68%.</li>
<li>B of A Securities analyst Ross Fowler reinstated an Underperform rating with a price target of $37 on Sept. 12, 2024. This analyst has an accuracy rate of 62%.</li>
<li>Recent News: On June 9, Avista reached all-party, all issues settlement in Idaho general rate cases.</li>
<li>Benzinga Pro's real-time newsfeed alerted to latest AVA <a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0610">news </a></li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0610"><img loading="lazy" decoding="async" width="917" height="838" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10075633/image-140.png" alt="" class="wp-image-944560" style="width:599px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10075633/image-140.png 917w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10075633/image-140-300x274.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10075633/image-140-768x702.png 768w" sizes="(max-width: 917px) 100vw, 917px" /></a></figure>
<h3 class="wp-block-heading">Black Hills Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKH#NYSE">BKH</a>)</h3>
<ul class="wp-block-list">
<li>Dividend Yield: 4.71%</li>
<li>Scotiabank analyst Andrew Weisel maintained a Sector Perform rating and cut the price target from $67 to $66 on Feb. 7, 2025. This analyst has an accuracy rate of 64%.</li>
<li>Wells Fargo analyst Sarah Akers maintained an Equal-Weight rating and increased the price target from $61 to $64 on Aug. 2, 2024. This analyst has an accuracy rate of 67%.</li>
<li>Recent News: On May 7, Black Hills posted mixed results for the first quarter.</li>
<li>Benzinga Pro&#8217;s real-time newsfeed alerted to latest BKH <a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0610">news </a></li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0610"><img loading="lazy" decoding="async" width="903" height="836" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10075715/image-141.png" alt="" class="wp-image-944562" style="width:578px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10075715/image-141.png 903w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10075715/image-141-300x278.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/10075715/image-141-768x711.png 768w" sizes="(max-width: 903px) 100vw, 903px" /></a></figure>
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Dividends

Price Target

Pre-Market Outlook

Markets

Analyst Ratings

Trading Ideas

Wall Street's Most Accurate Analysts Give Their Take On 3 Utilities Stocks Delivering High-Dividend Yields

<ul>
<li>Baker Hughes will supply 16 NovaLT&#x2122; gas turbines for data center projects in the U.S.</li>
<li>Award builds on the collaboration announced in March 2025 between Baker Hughes and Frontier</li>
</ul>
HOUSTON and LONDON, May 29, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKR#NASDAQ">BKR</a>), an energy technology company, announced Wednesday an award from Frontier Infrastructure Holdings ("Frontier"), a Tailwater Capital LLC portfolio company, for 16 NovaLT&#x2122; gas turbines to power its data center projects in Wyoming and Texas, delivering up to 270 megawatts (MW) of efficient, reliable power.
As part of the award, Baker Hughes is supplying Frontier its <a href="https://www.globenewswire.com/Tracker?data=1LV8ChHFkk9Pa1krc62Q3c6TtVpM8K-vT-vj1ZT6BC7Vofyi0klMnkluCXqPpTWtjBAGhm62zO3HDD4-xzpvV4nozs9VZrvOk-dN1pDde4PZDI9B-l1E1UP26k5pvBX9YA6CqmkOvDqpWzaW8new9qN8v3WP7GK_egD2TETCDFQ=">NovaLT&#x2122; gas turbine technology</a> and associated equipment, including <a href="https://www.globenewswire.com/Tracker?data=IRtsZorW4PO-67Ov09E5ll1dWN7jvaIOoaOVQe3e2bogMOTecaiEZMVaoxXYFKz4ckdy76asn2sTtNbeoGrCSDdvpy78qsaDuSx8WuSIm16Brq4ytcAWhMkYLMTn7ulthpYTkV2ZrHYqzna4KADOYw==">gears</a> and <a href="https://www.globenewswire.com/Tracker?data=GFsT_NbBwlRrM50HfW1GG3Xs81mfCfcHmpsPna26exuD-h60RL6dRycBgpeinRThEfUavtZwWn-5JYuXQ73vcAJnoJXPXm0zYYYSp4oZhGLJCvbpKzxVrEwhAj2MSrM35zBzwpH9mgkMhXtg3-Uxylx_A6piu93Q7zzqPS1yE_M=">Brush Power Generation four-pole generators</a>, to power dedicated energy islands at Frontier's behind-the-meter (BTM) power generation sites.
The order builds on <a href="https://www.globenewswire.com/Tracker?data=PB9-TIH9Q4Iemu8H2RzLkjVQAIfylf9ScuQBhzkTsr6t5teUoaiftlMJHpcAZLh2tEzpH8ymVkvL8cGjfSKTKQi_bcpVHwg85qAo90ofb-8LnsV_vykXXO2ovYfT5tEiifyKPHnFeIIifXxJqu9VUgpXu-oyyhyfWvJ7cxYT_6L42pg2FTOte8aoi7w9zdte_Zyf0j6p7adkVygeNtX1pd0jla1BdVHkGTsdR9B_pNyWySD6jow6WTREc_Zt_mqDuT4olNL9Wmy6A2KtPzeZRw==">a March 2025 agreement between the two companies</a> to accelerate large-scale carbon capture and storage ("CCS") and power solutions in the U.S., including the Sweetwater Carbon Storage Hub in Wyoming.

Baker Hughes To Supply 16 NovaLT Gas Turbines For Data Center Projects In US

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul class="wp-block-list">
<li>Jefferies analyst Kelly Shi initiated coverage on Insmed Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INSM#NASDAQ">INSM</a>) with a Buy rating and announced a price target of $105. Insmed shares closed at $67.75 on Monday. <a href="https://www.benzinga.com/quote/INSM/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>BMO Capital analyst Edward DeArias initiated coverage on Black Hills Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKH#NYSE">BKH</a>) with an Outperform rating and announced a price target of $68. Black Hills shares closed at $58.07 on Monday. <a href="https://www.benzinga.com/quote/BKH/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>BMO Capital analyst Edward DeArias initiated coverage on Evergy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVRG#NASDAQ">EVRG</a>) with an Outperform rating and announced a price target of $75. Evergy shares closed at $65.35 on Monday. <a href="https://www.benzinga.com/quote/EVRG/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>BMO Capital analyst Edward DeArias initiated coverage on Portland General Electric Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/POR#NYSE">POR</a>) with a Market Perform rating and announced a price target of $46. Portland Gen Electric shares closed at $42.62 on Monday. <a href="https://www.benzinga.com/quote/POR/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>BMO Capital analyst Edward DeArias initiated coverage on Pinnacle West Capital Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNW#NYSE">PNW</a>) with a Market Perform rating and announced a price target of $95. Pinnacle West Capital shares closed at $90.07 on Monday. <a href="https://www.benzinga.com/quote/PNW/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying INSM stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="601" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/13090353/image-145-1024x601.png" alt="" class="wp-image-913464" style="width:593px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/13090353/image-145-1024x601.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/13090353/image-145-300x176.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/13090353/image-145-768x450.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/13090353/image-145.png 1076w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Initiation

EVRG

INSM

This Insmed Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Tuesday

BMO Capital analyst Edward DeArias initiates coverage on Black Hills (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKH#NYSE">BKH</a>) with a Outperform rating and announces Price Target of $68.

BMO Capital Initiates Coverage On Black Hills with Outperform Rating, Announces Price Target of $68

Offerings

Black Hills Corp Files For Common Stock Offering Of Up To $400M

Black Hills (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKH#NYSE">BKH</a>) affirms FY2025 GAAP EPS guidance from $4.00-$4.20 to $4.00-$4.20 vs $4.11 analyst estimate..

Guidance

Black Hills Affirms FY2025 GAAP EPS Guidance of $4.00-$4.20 vs $4.11 Est

Black Hills (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKH#NYSE">BKH</a>) reported quarterly earnings of $1.87 per share which missed the analyst consensus estimate of $1.93 by 3.11 percent. This is unchanged from the same period last year. The company reported quarterly sales of $805.20 million which beat the analyst consensus estimate of $706.08 million by 14.04 percent. This is a 10.85 percent increase over sales of $726.40 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

Black Hills Q1 EPS $1.87 Misses $1.93 Estimate, Sales $805.20M Beat $706.08M Estimate

ACAD

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ACVA

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AIRG

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ALTG

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AMRK

AMRN

AOSL

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Avadel Pharmaceuticals plc - American Depositary Shares each representing one Ordinary Share

AVDL

AVDX

AXON

AXTA

AZTA

BAND

BBDO

BBGI

BBSI

BGSF

Brighthouse Financial, Inc. - Common Stock

BLBD

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BLZE

BMBL

BRKR

BROS

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BXSL

BYND

CAPL

CCSI

CDLX

CENT

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COHR

Core Scientific, Inc. - Class A Common Stock

CORZ

CPRX

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CSGS

CSTE

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CVNA

CYRX

Earnings Scheduled For May 7, 2025

Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Merck, Black Hills, and Virtus Investment Partners have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of around 4-6%.
Merck
Merck (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRK#NYSE">MRK</a>) is a healthcare company that manufactures pharmaceutical products to treat various conditions in many therapeutic areas, including cardiometabolic disease, cancer and infections.&nbsp;
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Merck has raised its dividends every year for the last 14 years. According to its most recent dividend hike announcement on Nov. 19, the company increased the quarterly payout from $0.77 to $0.81 per share, equal to an annual figure of $3.24 per share. The current dividend yield on the stock is 4.09%.&nbsp;
Merck&#8217;s annual revenue as of Dec. 31 stood at $64.17 billion. In its Q4 2024 earnings report on Feb. 4, it posted revenues of $15.62 billion and EPS of $1.72. Both figures beat the Street estimates.
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Black Hills
Black Hills Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKH#NYSE">BKH</a>) operates as an electric and natural gas utility company in the U.S.&nbsp;
Black Hills has raised its dividends every year for the last 55 years. In its most recent dividend hike announcement on Jan. 24, it increased the quarterly payout from $0.65 to $0.676 per share, which is equal to an annual figure of $2.70 per share. Currently, the dividend yield on the stock is 4.63%.
Black Hills&#8217; annual revenue as of Dec. 31 stood at $2.13 billion. As per the company&#8217;s Q4 2024 earnings release on Feb. 5, it posted revenues of $597.10 million, missing the consensus of $944 million, while EPS of $1.37 came in above the consensus estimate of $1.34.
How to put $100 in your retirement fund each month with Black Hills stock? Check out this <a href="https://www.benzinga.com/markets/25/01/43313814/how-to-put-100-in-your-retirement-fund-each-month-with-black-hills-stock">article by Benzinga</a> to learn more.
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Virtus Investment Partners
Virtus Investment Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRTS#NYSE">VRTS</a>) is a publicly owned investment manager. The firm primarily provides its services to individual and institutional clients.&nbsp;
Virtus has raised its dividends consecutively for the past seven years. In its most recent dividend hike announcement on Aug. 15, the company's board increased its quarterly payout by 18% to $2.25 per share, which is equal to $9 per share annually. More recently, in its dividend announcement on Feb. 27, the company maintained the payout at the same level. The current dividend yield on the stock is 5.95%.
Its annual revenue as of Dec. 31 stood at $902.82 million. In its most recent earnings release on Jan. 31, the company posted Q4 2024 revenues of $233.49 million and EPS of $7.50. Both figures came in above the consensus estimates.
Merck, Black Hills, and Virtus Investment Partners are good choices for investors seeking reliable passive income. Their dividend yields of around 4-6% and long history of consistent hikes make them attractive to income-focused investors.
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Personal Finance

VRTS

Why Merck, Black Hills, And Virtus Investment Partners Are Winners For Passive Income

Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Fidelity National Financial, Kimberly-Clark, and Black Hills have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of around 3% to 4%.
Fidelity National Financial
Fidelity National Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNF#NYSE">FNF</a>) provides various insurance products in the U.S. It offers title insurance, escrow and other title-related services, including trust activities, trustee sales guarantees, recordings and reconveyances and home warranty products.
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Fidelity National Financial has raised its dividends every year for the last 13 years. According to its most recent dividend hike announcement on Nov. 7, its board increased the quarterly payout by 4% to $0.50 per common share, which is equal to an annual figure of $2 per share. The current yield on the stock is 3.09%.
The company's annual revenue as of Dec. 31 stood at $13.36 billion. In its Q4 2024 earnings release on Feb. 20, Fidelity posted revenues of $3.62 billion and EPS of $1.34. Both figures beat the Street expectations.&nbsp;
Check out this <a href="https://www.benzinga.com/insights/analyst-ratings/25/01/42782796/fidelity-national-finl-stock-a-deep-dive-into-analyst-perspectives-5-ratings">article by Benzinga</a> for five analysts' insights on Fidelity National Financial.
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Kimberly-Clark
Kimberly-Clark Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>) manufactures and markets personal care products in the U.S.
It has raised its dividends consecutively for the last 53 years. In its most recent dividend hike announcement on Jan. 28, the company increased the quarterly payout by 3.3% to $1.26 per share, equaling an annual figure of $25.04. Currently, the dividend yield on the stock is 3.52%.
Kimberly-Clark&#8217;s annual revenue as of Dec. 31 stood at $20.06 billion. According to the company&#8217;s Q4 2024 earnings release on Jan. 28, it posted revenues of $4.93 billion, beating the consensus estimate of $4.86 billion, while EPS of $1.50 came in below the consensus of $1.51.
Check out this <a href="https://www.benzinga.com/insights/analyst-ratings/25/01/43200296/demystifying-kimberly-clark-insights-from-8-analyst-reviews">article by Benzinga</a> for eight analysts' evaluations of Kimberly-Clark.&nbsp;
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Black Hills
Black Hills Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKH#NYSE">BKH</a>) operates as an electric and natural gas utility company in the U.S.&nbsp;
Black Hills has increased its dividends every year for the last 55 years. In its most recent dividend hike announcement on Jan. 24, the company's board raised the quarterly payout from $0.65 to $0.676 per share, or $2.70 per share annually. Currently, the dividend yield on the stock stands at 4.37%.
Black Hills' annual revenue as of Dec. 31 stood at $2.13 billion. According to the company's Q4 2024 earnings announcement on Feb. 5, it posted quarterly revenues of $597.10 million, missing the consensus estimate of $944 million, while EPS of $1.37 beat the consensus of $1.34.
Fidelity National Financial, Kimberly-Clark, and Black Hills are good choices for investors seeking reliable passive income. Their dividend yields of around 3% to 4% and long history of consistent hikes make them attractive to income-focused investors.
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Why Fidelity National Financial, Kimberly-Clark, And Black Hills Are Winners For Passive Income

Phillip Casey, SVP and CLO at Black Hills (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKH#NYSE">BKH</a>), reported an insider buy on February 10, according to a new SEC filing. 
What Happened: Casey's recent move, as outlined in a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001130464/000159396825000190//Archives/edgar/data/1130464/000159396825000190/0001593968-25-000190-index.htm">U.S. Securities and Exchange Commission</a> on Monday, involves purchasing 6,797 shares of Black Hills. The total transaction value is $404,149.
During Tuesday's morning session, Black Hills shares down by 0.63%, currently priced at $59.3.
<h3>Unveiling the Story Behind Black Hills</h3>
Black Hills Corp is a U.S.-based energy company that operates through its Electric Utilities, Gas Utilities, Corporate and Other segments. These segments operate in states in the Midwest and mountain regions in the U.S. The company's customers include residential, commercial, industrial, and municipal consumers. These customers are residential. Black Hills derives the majority of its revenue from its utility business group, specifically from electric utilities.
<h3>Financial Insights: Black Hills</h3>
Negative Revenue Trend: Examining Black Hills's financials over 3 months reveals challenges. As of 30 September, 2024, the company experienced a decline of approximately -1.35% in revenue growth, reflecting a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Utilities sector.
Key Profitability Indicators:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 40.21%, suggesting potential challenges in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Black Hills's EPS lags behind the industry average, indicating concerns and potential challenges with a current EPS of 0.35.
</li>
</ul>
Debt Management: With a below-average debt-to-equity ratio of 1.24, Black Hills adopts a prudent financial strategy, indicating a balanced approach to debt management.
Exploring Valuation Metrics Landscape:
<ul>
<li>
Price to Earnings (P/E) Ratio: The current P/E ratio of 15.26 is below industry norms, indicating potential undervaluation and presenting an investment opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 1.96, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): The company's EV/EBITDA ratio 11.05 is below the industry average, indicating that it may be relatively undervalued compared to peers.
</li>
</ul>
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.
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<h3>Why Insider Transactions Are Important</h3>
Insider transactions contribute to decision-making but should be supplemented by a comprehensive investment analysis.
Within the legal framework, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities as per Section 12 of the Securities Exchange Act of 1934. This includes executives in the c-suite and major hedge funds. These insiders are mandated to disclose their transactions through a Form 4 filing, to be submitted within two business days of the transaction.
The initiation of a new purchase by a company insider serves as a strong indication that they expect the stock to rise.
However, insider sells may not always signal a bearish view and can be influenced by various factors.
<h3>Unlocking the Meaning of Transaction Codes</h3>
Taking a closer look at transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, meticulously cataloged in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C denotes the conversion of an option, and transaction code A signifies a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001130464">Check Out The Full List Of Black Hills's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

SVP and CLO Of Black Hills Makes $404K Buy

A significant insider buy by Linden Evans, President and CEO at Black Hills (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKH#NYSE">BKH</a>), was executed on February 10, and reported in the recent SEC filing.
What Happened: In a recent Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0001130464/000159396825000191//Archives/edgar/data/1130464/000159396825000191/0001593968-25-000191-index.htm">U.S. Securities and Exchange Commission</a> on Monday, Evans increased their investment in Black Hills by purchasing 19,661 shares through open-market transactions, signaling confidence in the company's potential. The total transaction value is $1,169,043.
Black Hills's shares are actively trading at $59.3, experiencing a down of 0.63% during Tuesday's morning session.
<h3>Unveiling the Story Behind Black Hills</h3>
Black Hills Corp is a U.S.-based energy company that operates through its Electric Utilities, Gas Utilities, Corporate and Other segments. These segments operate in states in the Midwest and mountain regions in the U.S. The company's customers include residential, commercial, industrial, and municipal consumers. These customers are residential. Black Hills derives the majority of its revenue from its utility business group, specifically from electric utilities.
<h3>Black Hills's Financial Performance</h3>
Revenue Challenges: Black Hills's revenue growth over 3 months faced difficulties. As of 30 September, 2024, the company experienced a decline of approximately -1.35%. This indicates a decrease in top-line earnings. When compared to others in the Utilities sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Navigating Financial Profits:
<ul>
<li>
Gross Margin: The company faces challenges with a low gross margin of 40.21%, suggesting potential difficulties in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): Black Hills's EPS reflects a decline, falling below the industry average with a current EPS of 0.35.
</li>
</ul>
Debt Management: Black Hills's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.24.
Valuation Metrics: A Closer Look
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 15.26, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: The Price to Sales ratio is 1.96, which is lower than the industry average. This suggests a possible undervaluation based on sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): At 11.05, Black Hills's EV/EBITDA ratio reflects a below-par valuation compared to industry averages signalling undervaluation
</li>
</ul>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
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<h3>The Importance of Insider Transactions</h3>
Considering insider transactions is valuable, but it's crucial to evaluate them in conjunction with other investment factors.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
<h3>Breaking Down the Significance of Transaction Codes</h3>
Examining transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often concentrate on those unfolding in the open market, meticulously detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C indicates the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0001130464">Check Out The Full List Of Black Hills's Insider Trades.</a>
Insider Buying Alert: Profit from C-Suite Moves
Benzinga Edge reveals every insider trade in real-time. Don't miss the next big stock move driven by insider confidence. Unlock this ultimate sentiment indicator now. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22in8&amp;utm_source=benzinga-insights">Click here for access</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Positive Signal: Linden Evans Shows Faith, Buying $1.17M In Black Hills Stock

Scotiabank analyst Andrew Weisel maintains Black Hills (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKH#NYSE">BKH</a>) with a Sector Perform and lowers the price target from $67 to $66.

Scotiabank Maintains Sector Perform on Black Hills, Lowers Price Target to $66

Black Hills (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKH#NYSE">BKH</a>) released its Q4 earnings on Wednesday, February 5, 2025 at 04:15 PM.
Here's what's important from the earnings announcement.
<h3>Earnings</h3>
Black Hills beat estimated earnings by 2.0%, reporting an EPS of $1.37 versus an estimate of $1.34.
Revenue was up $5.40 million from the same period last year.
<h3>Overview of Past Earnings</h3>
In the previous quarter, the company missed on EPS by $0.17, resulting in a 1.0% drop change in the share price the following day.
Here's a look at Black Hills's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.52</td>
<td>0.25</td>
<td>1.70</td>
<td>1.08</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.35</td>
<td>0.33</td>
<td>1.87</td>
<td>1.17</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>446.19M</td>
<td>510.60M</td>
<td>683.04M</td>
<td>863.66M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>401.60M</td>
<td>402.60M</td>
<td>726.40M</td>
<td>591.70M</td>
</tr>
</tbody>
</table>

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Guidance</h3>
Black Hills management provided guidance for FY 2025, expecting earnings between $4.0 and $4.2 per share.
To track all earnings releases for Black Hills <a href="https://www.benzinga.com/quote/BKH/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Black Hills: Q4 Earnings Insights

The earnings results for Black Hills (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKH#NYSE">BKH</a>) for Q4 were made public on Wednesday, February 5, 2025 at 04:15 PM.
Here's a comprehensive overview of the announcement.
<h3>Earnings</h3>
Black Hills beat estimated earnings by 2.0%, reporting an EPS of $1.37 versus an estimate of $1.34.
Revenue was up $5.40 million from the same period last year.
<h3>Earnings History Overview</h3>
The company missed on EPS by $0.17 in the last quarter, resulting in a 1.0% drop share price change the following day.
Here's a look at Black Hills's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.52</td>
<td>0.25</td>
<td>1.70</td>
<td>1.08</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.35</td>
<td>0.33</td>
<td>1.87</td>
<td>1.17</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>446.19M</td>
<td>510.60M</td>
<td>683.04M</td>
<td>863.66M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>401.60M</td>
<td>402.60M</td>
<td>726.40M</td>
<td>591.70M</td>
</tr>
</tbody>
</table>

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Guidance</h3>
Black Hills management provided guidance for FY 2025, expecting earnings between $4.0 and $4.2 per share.
To track all earnings releases for Black Hills <a href="https://www.benzinga.com/quote/BKH/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Black Hills Earnings Review: Q4 Summary

Black Hills (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKH#NYSE">BKH</a>) just disclosed its Q4 earnings on Wednesday, February 5, 2025 at 04:15 PM.
Here's a brief overview of the earnings report.
<h3>Earnings</h3>
Black Hills beat estimated earnings by 2.0%, reporting an EPS of $1.37 versus an estimate of $1.34.
Revenue was up $5.40 million from the same period last year.
<h3>Analysis of Past Earnings</h3>
In the previous quarter, the company missed on EPS by $0.17, resulting in a 1.0% drop change in the share price the following day.
Here's a look at Black Hills's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.52</td>
<td>0.25</td>
<td>1.70</td>
<td>1.08</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.35</td>
<td>0.33</td>
<td>1.87</td>
<td>1.17</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>446.19M</td>
<td>510.60M</td>
<td>683.04M</td>
<td>863.66M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>401.60M</td>
<td>402.60M</td>
<td>726.40M</td>
<td>591.70M</td>
</tr>
</tbody>
</table>

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Guidance</h3>
Black Hills management provided guidance for FY 2025, expecting earnings between $4.0 and $4.2 per share.
To track all earnings releases for Black Hills <a href="https://www.benzinga.com/quote/BKH/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Black Hills Earnings Report: Q4 Overview

Black Hills (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKH#NYSE">BKH</a>) announced its Q4 earnings on Wednesday, February 5, 2025 at 04:15 PM.
Here's a breakdown of the earnings report.
<h3>Earnings</h3>
Black Hills beat estimated earnings by 2.0%, reporting an EPS of $1.37 versus an estimate of $1.34.
Revenue was up $5.40 million from the same period last year.
<h3>Performance in Previous Earnings</h3>
Last quarter the company missed on EPS by $0.17 which was followed by a 1.0% drop in the share price the next day.
Here's a look at Black Hills's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.52</td>
<td>0.25</td>
<td>1.70</td>
<td>1.08</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.35</td>
<td>0.33</td>
<td>1.87</td>
<td>1.17</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>446.19M</td>
<td>510.60M</td>
<td>683.04M</td>
<td>863.66M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>401.60M</td>
<td>402.60M</td>
<td>726.40M</td>
<td>591.70M</td>
</tr>
</tbody>
</table>

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Guidance</h3>
Black Hills management provided guidance for FY 2025, expecting earnings between $4.0 and $4.2 per share.
To track all earnings releases for Black Hills <a href="https://www.benzinga.com/quote/BKH/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Breakdown: Black Hills Q4

Black Hills (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKH#NYSE">BKH</a>) reported its Q4 earnings results on Wednesday, February 5, 2025 at 04:15 PM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
Black Hills beat estimated earnings by 2.0%, reporting an EPS of $1.37 versus an estimate of $1.34.
Revenue was up $5.40 million from the same period last year.
<h3>Previous Earnings Records</h3>
Last quarter the company missed on EPS by $0.17 which was followed by a 1.0% drop in the share price the next day.
Here's a look at Black Hills's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.52</td>
<td>0.25</td>
<td>1.70</td>
<td>1.08</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.35</td>
<td>0.33</td>
<td>1.87</td>
<td>1.17</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>446.19M</td>
<td>510.60M</td>
<td>683.04M</td>
<td>863.66M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>401.60M</td>
<td>402.60M</td>
<td>726.40M</td>
<td>591.70M</td>
</tr>
</tbody>
</table>

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Guidance</h3>
Black Hills management provided guidance for FY 2025, expecting earnings between $4.0 and $4.2 per share.
To track all earnings releases for Black Hills <a href="https://www.benzinga.com/quote/BKH/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Summary: Black Hills Q4

Black Hills (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKH#NYSE">BKH</a>) is looking for FY2025 GAAP EPS of $4.00-4.20 vs $4.09 analyst estimate..

Black Hills Sees FY2025 GAAP EPS $4.00-4.20 vs $4.09 Est

Financing

Press Releases

Black Hills Corp. Requests Rate Review and Rider Renewal in Kansas

Black Hills Corp. Reports 2024 Fourth-Quarter and Full-Year Results and Initiates 2025 Earnings Guidance

Black Hills Corp. Announces Upcoming Investor Meetings

Black Hills Corp. Electric Utility Receives Approval for New Rates in Colorado

Black Hills Corp. Schedules 2025 First-Quarter Earnings Release and Conference Call

Black Hills Corp. Announces Quarterly Dividend

General

Black Hills Corp. Requests Rate Review and Rider Renewal in Nebraska

Black Hills Corp. Reaffirms 2025 Earnings Guidance and Reports 2025 First-Quarter Results

Dakota Gold Announces Leadership Changes and Board Additions

Black Hills Corp. Receives Approval For 99 MW Dispatchable Generation Resource in South Dakota

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