Black Hills (NYSE:BKH) Issues FY 2026 Earnings Guidance
by Amy Steele · The Cerbat GemBlack Hills (NYSE:BKH – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 4.250-4.450 for the period, compared to the consensus EPS estimate of 4.340. The company issued revenue guidance of -.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on the company. LADENBURG THALM/SH SH assumed coverage on Black Hills in a research note on Wednesday, April 1st. They issued a “buy” rating and a $77.00 price target for the company. Wall Street Zen cut Black Hills from a “hold” rating to a “sell” rating in a research note on Saturday, April 11th. Bank of America upped their target price on Black Hills from $72.00 to $76.00 and gave the company a “neutral” rating in a research report on Thursday, April 9th. Siebert Williams Shank upgraded Black Hills from a “hold” rating to a “buy” rating and upped their target price for the company from $79.00 to $82.00 in a research report on Thursday, March 12th. Finally, BMO Capital Markets upped their target price on Black Hills from $84.00 to $91.00 and gave the company an “outperform” rating in a research report on Wednesday, April 15th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $81.40.
Get Our Latest Report on Black Hills
Black Hills Stock Up 0.2%
NYSE:BKH traded up $0.14 on Wednesday, hitting $73.98. The stock had a trading volume of 1,357,881 shares, compared to its average volume of 998,595. The business’s fifty day moving average is $72.60 and its 200 day moving average is $71.09. The company has a market cap of $5.63 billion, a PE ratio of 18.59, a P/E/G ratio of 2.99 and a beta of 0.74. The company has a quick ratio of 1.11, a current ratio of 1.35 and a debt-to-equity ratio of 1.20. Black Hills has a 52 week low of $55.49 and a 52 week high of $78.69.
Black Hills (NYSE:BKH – Get Free Report) last posted its earnings results on Wednesday, May 6th. The utilities provider reported $1.79 earnings per share for the quarter, missing analysts’ consensus estimates of $1.88 by ($0.09). Black Hills had a net margin of 12.62% and a return on equity of 7.91%. Black Hills has set its FY 2026 guidance at 4.250-4.450 EPS. On average, equities research analysts expect that Black Hills will post 4.31 EPS for the current fiscal year.
Black Hills Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Friday, May 15th will be issued a $0.703 dividend. This represents a $2.81 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Friday, May 15th. Black Hills’s dividend payout ratio (DPR) is currently 70.60%.
Institutional Trading of Black Hills
A number of institutional investors and hedge funds have recently modified their holdings of BKH. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Black Hills by 7.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,798 shares of the utilities provider’s stock valued at $2,596,000 after acquiring an additional 2,906 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of Black Hills by 83.2% during the first quarter. NewEdge Advisors LLC now owns 3,345 shares of the utilities provider’s stock valued at $203,000 after acquiring an additional 1,519 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of Black Hills by 37.8% during the first quarter. Jones Financial Companies Lllp now owns 3,040 shares of the utilities provider’s stock valued at $184,000 after acquiring an additional 834 shares during the last quarter. United Services Automobile Association purchased a new stake in shares of Black Hills during the first quarter valued at approximately $255,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Black Hills by 5.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 134,673 shares of the utilities provider’s stock valued at $8,168,000 after acquiring an additional 7,332 shares during the last quarter. 86.71% of the stock is owned by hedge funds and other institutional investors.
Black Hills Company Profile
Black Hills Corporation is a diversified energy company based in Rapid City, South Dakota, that provides electricity and natural gas distribution services to residential, commercial and industrial customers. Through its regulated utility subsidiaries—Black Hills Power, Cheyenne Light & Power, and Black Hills Energy—the company delivers reliable energy across Colorado, Kansas, Montana, Nebraska, South Dakota and Wyoming.
In addition to its distribution operations, Black Hills owns and operates a generation portfolio that includes natural gas–fired plants, coal-fired units, hydroelectric facilities and wind projects.