Black Hills Corporation (BKH)

Black Hills Corporation is a U.S. utility company operating through its subsidiaries in the electric and natural gas sectors. Its Electric Utilities segment generates, transmits, and distributes electricity to customers in Colorado, Montana, South Dakota, and Wyoming, and includes ownership of generation assets, transmission and distribution lines, and related non-regulated power generation and mining assets. The Gas Utilities segment distributes natural gas across Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming and operates intrastate pipelines, storage sites, compression assets, and gathering lines. The company also provides certain non-regulated customer services, including appliance repair plans, utility infrastructure construction and maintenance, and home repair service plans. Black Hills Corporation was incorporated in 1941 and is headquartered in Rapid City, South Dakota.


Jump directly to the stock analysis sections supported by the latest available data.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Dividend Yield Next Earnings Date P/E Ratio Price-to-Book Ratio Price-to-Sales Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Payout Ratio Free Cash Flow / Net Income
NYSE-BKH
$73.22
-7.8% Downside
Fair
$87.07
9.6% Upside
Fair
Good
3.5%
November 4, 2026
20.2x
1.5x
2.6x
6.055 B
10.558 B
42.3%
99.5%
1.1
69.2%
-102.0%
Valuation • Fair Value

Black Hills Corporation (NYSE-BKH) Fair Value by Valuation Model

Review the available estimates for Black Hills Corporation (NYSE-BKH), including DCF Fair Value, Ben Graham Formula Value, DDM Fair Value, Comps Fair Value.

Primary Valuation Read

Fair Value

$73.22

Estimated downside of 7.8% versus the current market price.

Fair Value Confidence

High

Confidence level for the primary fair value estimate.

DCF Fair Value

$59.31

Discounted cash flow valuation reference.

Ben Graham Formula Value

$43.52

Classic Ben Graham valuation formula reference.

DDM Fair Value

$77.31

Dividend discount model valuation reference.

Comps Fair Value

$86.44

Comparable-company valuation reference.

Analyst Price Target

$87.07

Analysts imply upside of 9.6%.

How to read these valuation models

Use the 7 available valuation references for Black Hills Corporation (NYSE-BKH) as analytical inputs, not a standalone conclusion. Valuation methods can differ because they rely on different assumptions, time horizons and financial inputs; compare the estimates with the current price and the company’s financial quality.

Profitability • Growth

Profitability & Growth for Black Hills Corporation (NYSE-BKH)

Review the profitability and growth indicators currently supported by the latest data.

Revenue

2.299 B

Current operating scale indicator.

Revenue Forecast

2.42 B

Forward revenue estimate.

EBITDA

839.2 M

Current operating profitability reference.

EBITDA Forecast

901 M

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review Black Hills Corporation (NYSE-BKH) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for Black Hills Corporation (NYSE-BKH)

Review the financial quality and risk indicators currently supported by the latest data.

Financial Health

Good

Positive financial-health read.

Piotroski Score

5

Mid-range quality score.

Beneish M-Score

-2.62

No elevated caution signal from this screen.

Altman Z-Score

1.1

Lower score that deserves closer risk review.

FCF / Net Income

-102.0%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for Black Hills Corporation (NYSE-BKH). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for Black Hills Corporation (NYSE-BKH)

Track the upcoming dates and dividend metrics currently supported by the latest data.

Next Earnings Date

November 4, 2026

Days to Earnings

11

Dividend Yield

3.5%

Current income yield reference.

Payout Ratio

69.2%

Dividend payout reference.

How to read events and dividends

This section helps investors track time-sensitive items for Black Hills Corporation (NYSE-BKH), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Stock Forecast • Technical Outlook

Black Hills Corporation (NYSE-BKH) Stock Forecast & Technical Outlook

Review Black Hills Corporation (NYSE-BKH) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Strong Buy

The 15-minute technical read for Black Hills Corporation (NYSE-BKH) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Strong Buy

The 1-hour technical read for Black Hills Corporation (NYSE-BKH) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Strong Buy

The daily technical read for Black Hills Corporation (NYSE-BKH) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Strong Buy

The weekly technical read for Black Hills Corporation (NYSE-BKH) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Strong Buy

The monthly technical read for Black Hills Corporation (NYSE-BKH) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for Black Hills Corporation (NYSE-BKH)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Strong Buy

Based on the available recommendation mix, Black Hills Corporation (NYSE-BKH) has a Strong Buy consensus, with 6 buy, 0 hold and 0 sell recommendations in the current data set.

Buy 6
Hold 0
Sell 0
FAQ • Fast Investor Answers

Black Hills Corporation (NYSE-BKH) Stock FAQ

Data-supported answers about Black Hills Corporation (NYSE-BKH), including explicit coverage status where a reliable valuation estimate is not currently available.

Fair Value
$73.22
Estimated downside 7.8%
Valuation Rating
Overvalued
Estimated downside of 7.8%
Analyst Target
$87.07
Implied upside 9.6%
Financial Health
Good
Current financial-health read

The current fair value estimate for Black Hills Corporation (NYSE-BKH) is $73.22. This implies an estimated downside of 7.8% versus the current market price.

Based on the current fair value estimate, the stock appears overvalued, with estimated downside of 7.8% versus the current market price.

The available analyst price target for Black Hills Corporation (NYSE-BKH) is $87.07. The analyst target implies estimated upside of 9.6%.

The current financial health read for Black Hills Corporation (NYSE-BKH) is Good. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for Black Hills Corporation (NYSE-BKH) is November 4, 2026.

Based on the current data, dividend yield is 3.5%.

The current P/E ratio listed for Black Hills Corporation (NYSE-BKH) is 20.2x. Use it together with growth, margins and sector comparisons rather than as a standalone valuation signal.

The current market capitalization listed for Black Hills Corporation is 6.055 B.

The current enterprise value listed for Black Hills Corporation is 10.558 B. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for Black Hills Corporation is NYSE-BKH, and the stock is listed on NYSE.

Black Hills Corporation (NYSE-BKH) is listed on NYSE.

The current debt-to-total-capital ratio listed for Black Hills Corporation is 42.3%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for Black Hills Corporation is 99.5%. Free float helps investors understand how much of the share base is available for public trading.