Black Hills CorpBKH
BKH
About: 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.
Employees: 2,841
0
Funds holding %
of 7,390 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
134% more call options, than puts
Call options by funds: $3.24M | Put options by funds: $1.38M
35% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 34
25% more repeat investments, than reductions
Existing positions increased: 155 | Existing positions reduced: 124
1% more funds holding
Funds holding: 390 [Q3] → 392 (+2) [Q4]
4% less capital invested
Capital invested by funds: $3.72B [Q3] → $3.56B (-$161M) [Q4]
2.62% less ownership
Funds ownership: 87.59% [Q3] → 84.97% (-2.62%) [Q4]
100% less funds holding in top 10
Funds holding in top 10: 1 [Q3] → 0 (-1) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$66
11%
upside
Avg. target
$66
11%
upside
High target
$66
11%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Scotiabank Andrew Weisel 76% 1-year accuracy 22 / 29 met price target | 11%upside $66 | Sector Perform Maintained | 7 Feb 2025 |
Financial journalist opinion
Based on 8 articles about BKH published over the past 30 days
Positive
Zacks Investment Research
2 days ago
Black Hills' Unit Receives Approval for Rate Hike in Colorado
BKH's subsidiary receives new rate approval from the Colorado Public Utilities Commission. This should help BKH serve customers more efficiently.
Neutral
GlobeNewsWire
3 days ago
Black Hills Corp. Electric Utility Receives Approval for New Rates in Colorado
RAPID CITY, S.D., March 24, 2025 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its electric utility subsidiary in Colorado received approval from the Colorado Public Utilities Commission for new rates. The approved new rates will provide recovery of approximately $370 million of system investments since the utility's last general rate filing in 2016 and inflationary impacts on costs to serve customers.
Positive
Seeking Alpha
6 days ago
2025 Dividend Kings: Strong Run Continues
The Dividend Kings are outperforming the S&P 500 in 2025 by 4.57%. Top performers include National Fuel & Gas (+30.21%), Consolidated Edison (+22.66%), and AbbVie (+20.40%). Promising Dividend Kings identified in February showed relative outperformance, averaging -0.38% vs. -1.58% for all Kings and -3.34% for SPY.
Positive
Seeking Alpha
1 week ago
Fear Is A Gift: Buy These 4.5%-Plus Safe And Steady Dividend Aristocrats Before The Rebound
High-yield dividend aristocrats offer stability and income. Due to their defensive sector composition and lower volatility, they outperform the S&P 500 during market downturns. Despite recession fears, economic data shows continued growth driven by consumer spending, particularly from the wealthiest Americans, mitigating recession risks. Here are 10 low-volatility, 4.5%-plus yielding aristocrats that offer attractive long-term income growth in an Ultra SWAN package.
Positive
The Motley Fool
2 weeks ago
The Nasdaq Just Hit Correction Territory: These 3 "Safe Stocks" Finally Look Like Bargains
There's nothing particularly magical about a 10% drop in a stock market index. It is just a number, like any other.
Neutral
GlobeNewsWire
3 weeks ago
Black Hills Corp. Announces Upcoming Investor Meetings
RAPID CITY, S.D., Feb. 28, 2025 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced the company will meet with investors in March 2025 through participation in the following conferences:
Positive
Seeking Alpha
4 weeks ago
Buy 3 "Safer" Dividend Kings Of 24 Out Of 52 For February
Seven of the top-ten Dividend Kings by yield offer annual dividends from a $1K investment exceeding their single share prices, making them attractive buys. Six Dividend Kings, including Altria Group and Hormel Foods, are currently fair-priced, with dividends meeting or exceeding their single-share prices. Analysts predict net gains between 15% and 45.53% for the top-ten Dividend Kings by February 2026, based on target prices.
Positive
Seeking Alpha
4 weeks ago
2025 Dividend Kings - Off To A Strong Start
The Dividend Kings are outperforming the S&P 500 in 2025, up 4% YTD versus 1.39% for SPY. Ten Dividend Kings have already achieved double-digit returns, led by National Fuel Gas (+22.08%) and Abbott Laboratories (+20.71%). 2025 Dividend growth is looking promising, with ABM Industries and Walmart leading with 17.78% and 15.69% increases, respectively.
Positive
Seeking Alpha
1 month ago
Black Hills: Ka-Ching, Ka-Ching, Another Dividend King
Black Hills Corporation is a Dividend King with a 55-year dividend growth streak, trading at an 18% discount to fair value. BKH's five-year capital spending plan increased to $4.7 billion, with a strong balance sheet and a BBB+ credit rating from S&P. The utility's diluted EPS grew 17.1% in Q4 2024, driven by higher revenue and lower operating expenses, projecting 4%-6% annual EPS growth.
Positive
Seeking Alpha
1 month ago
17 Upcoming Dividend Increases, Including 3 Kings
This week's dividend increases feature three Dividend Kings: Archer-Daniels-Midland, Consolidated Edison, and Black Hills Corporation, with streaks of 50, 51, and 55 years, respectively. Consistently rising dividends indicate strong cash flow and financial stability, making such companies attractive long-term investments that often outperform benchmarks. My strategy focuses on stocks with consistent dividend growth and market outperformance, using data from U.S. Dividend Champions and NASDAQ.
Charts implemented using Lightweight Charts™