Black Hills Corp
About: 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.
Employees: 2,874
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
65% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 34
24% more call options, than puts
Call options by funds: $3.01M | Put options by funds: $2.43M
17% more repeat investments, than reductions
Existing positions increased: 145 | Existing positions reduced: 124
13% more capital invested
Capital invested by funds: $3.26B [Q2] → $3.69B (+$430M) [Q3]
4% more funds holding
Funds holding: 372 [Q2] → 388 (+16) [Q3]
0.32% less ownership
Funds ownership: 87.31% [Q2] → 86.98% (-0.32%) [Q3]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$67
12%
upside
Avg. target
$67
12%
upside
High target
$67
12%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Scotiabank Andrew Weisel 61% 1-year accuracy 17 / 28 met price target | 12%upside $67 | Sector Perform Maintained | 12 Dec 2024 |
Financial journalist opinion
Based on 8 articles about BKH published over the past 30 days
Positive
Zacks Investment Research
5 days ago
Black Hills Activates Initial Phase of Wyoming Grid Expansion Project
BKH has put the initial 12-mile segment of the Ready Wyoming electric transmission expansion project into service. This should enhance the reliability and resiliency of its operations.
Positive
The Motley Fool
5 days ago
3 No-Brainer, High-Yield Stocks to Buy Right Now for Less Than $200
Even after the broad market pullback in recent days, the S&P 500 is still only offering investors a miserly 1.2% yield or so. You can do way better than that with these three stocks, all of which offer yields of more than 4%.
Neutral
GlobeNewsWire
6 days ago
Black Hills Corp. Energizes First Phase of Its Ready Wyoming Electric Transmission Expansion Project
RAPID CITY, S.D., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) today announced that its Wyoming electric utility has successfully placed in service the initial 12-mile segment and supporting substations of its Ready Wyoming transmission expansion project near Cheyenne, Wyoming.
Positive
Seeking Alpha
6 days ago
Buy 3 'Safer' Dividend Kings Of 25 From 53 For January
“A Dividend King [is] a stock with 50 or more consecutive years of dividend increases.”—suredividend.com. 53 Divided Kings, screened as of January 10, 2025, represented all eleven Morningstar Sectors. Broker-estimated top-ten net-gains ranged 22.84%-62.53% topped-by SJW & SCL. By yield, MO topped all the Kings. Top-ten Yields from KVUE, SWK, UBSI, FTS, FRT, BKH, NWN, CDUAF, UVV, & MO, averaged 5.04%.
Positive
Seeking Alpha
6 days ago
Black Hills Corporation: Double Digit Upside Potential
I maintain my buy rating on Black Hills Corporation due to its solid dividend coverage, discounted valuation, and strong earnings projections for Q4 2024. BKH stock's starting dividend yield is 4.6%, higher than average, with over 53 years of consecutive raises, making it attractive for income-focused investors. Despite underperformance over the last decade, Black Hills' suppressed valuations present an opportunity to accumulate shares, especially with anticipated future interest rate cuts.
Positive
The Motley Fool
1 week ago
3 No-Brainer High-Yield Dividend Stocks to Buy in 2025
High-yield dividend stocks can make great investments. They provide investors with a solid base return via their dividend income.
Neutral
GlobeNewsWire
1 week ago
Black Hills Corp. Schedules 2024 Fourth-Quarter and Full-Year Earnings Release and Conference Call
RAPID CITY, S.D., Jan. 09, 2025 (GLOBE NEWSWIRE) -- Black Hills Corp. (NYSE: BKH) will announce its 2024 fourth-quarter and full-year earnings after the market closes Wednesday, Feb. 5, 2025, and will host a live conference call and webcast at 11 a.m. EST on Thursday, Feb. 6, 2025, to discuss the company's financial results.
Positive
Seeking Alpha
2 weeks ago
My Top 10 Utilities For 2025
Long-term rates have risen, creating potential buying opportunities for utilities like AEP, AWK, AWR, BKH, ES, EVRG, SJW, WEC, WTRG, and XEL. These utilities have strong fundamentals, attractive valuations, and investment-grade balance sheets, offering potential total returns of 20% to 56% by 2025. Despite rate sensitivity, these utilities are well-positioned for long-term growth with secure dividends and robust balance sheets.
Positive
The Motley Fool
1 month ago
The Best Dividend Paying Utility Stocks to Invest $2,000 in Right Now
Utilities are generally considered safe income investment vehicles. Back in the day, they used to be called widow-and-orphan stocks on Wall Street.
Positive
24/7 Wall Street
1 month ago
The Highest Yielding Dividend Kings Are the Perfect Gift Under the Tree This Year
Dividend stocks are a favorite among investors for good reason.
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