Companies /Utilities

Black Hills Corporation

NYSE: BKH Utilities - Regulated Gas
$83.31
▼ $0.88 (−1.05%) today
Markets open · 2:56pm ET

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BKH at a Glance

Valuation
Market cap
$6.4B
P/E ratio
20.7
Dividend yield
3.36%
Profitability
Revenue (TTM)
$2.3B
Profit margin
13.0%
EPS (TTM)
$4.07
Price
52-week range
$65 – $85
24/7 target
$98.99
Street target
$87.07
Earnings
Next report
Feb 2, 2027

Headquartered in Rapid City, SD Fiscal year ends December NYSE: BKH ir.blackhillscorp.com

About Black Hills

Black Hills Corp. (NYSE: BKH) is a regulated electric and natural gas utility holding company serving more than 1.37 million customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming.

It reports two utility segments:
- **Electric Utilities:** Colorado Electric, South Dakota Electric, Wyoming Electric and Integrated Generation, which includes the Black Hills Colorado IPP.
- **Gas Utilities:** Arkansas, Colorado, Iowa, Kansas, Nebraska and Wyoming gas.

Revenue comes from regulated retail sales to residential, commercial, industrial and municipal customers, plus wholesale, off-system and transmission sales. It also earns from gas transportation and non-regulated home services such as the Service Guard Comfort Plan and Tech Services.

The company is pursuing large-load data center growth in Wyoming, including definitive agreements to serve Google's planned Cheyenne data center under a flexible large-load tariff. It is also building generation and transmission, including the Lange II plant and the proposed Aeolus and South Cheyenne transmission projects.

Black Hills has a pending all-stock merger with NorthWestern Energy, expected to close by year-end 2026 subject to Montana regulatory approval. Updated

BKH Coverage

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Frequently Asked Questions

What does Black Hills do?

Black Hills Corp. (NYSE: BKH) is a regulated electric and natural gas utility holding company serving more than 1.37 million customers in eight states: Arkansas, Colorado, Iowa, Kansas, Montana, Nebraska, South Dakota and Wyoming.

What is the BKH stock price target?

24/7 Wall St.'s 12-month price target for BKH is $98.99, rated Buy. The Wall Street consensus target is $87.07. BKH price prediction →