Black Hills (BKH) Stock Forecast & Price Target

BKH price $81.55 +0.76 +0.94%

Ticker
BKH
Price
$81.55
Change
+0.76 +0.94%
Market cap ?
$6.22B
P/E ?
20.30
Forward P/E ?
18.73
Dividend yield ?
3.45%
Beta ?
0.66
Sector
Utilities
Industry
Regulated Gas
Stocklytics score
27
Value
25
Quality
32
Growth
24

Stocklytics score rationale: value 25, quality 32, growth 24.

Financials

2016201720182019202020212022202320242025
1538916000168026600017542680001734900000169694100019491000002551800000233130000021277000002310000000

Black Hills Corporation operates as an American utility firm, delivering both electric power and natural gas through its subsidiaries. Its business is organized into two primary divisions: Electric Utilities and Gas Utilities. The Electric Utilities segment is responsible for generating, transmitting, and distributing electricity to approximately 218,000 customers spanning Colorado, Montana, South Dakota, and…

Fair value

BKH fair value $92.00. Price $81.55. Price is 11% below fair value.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

Compare BKH

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2026-11-04—0.47—483.04M
2026-08-050.540.41452.80M490.89M
2026-05-061.791.88780.70M769.19M
2026-02-041.411.37635.50M648.22M
2025-11-050.450.45430.20M440.96M
2025-07-300.380.38439.00M439.96M
2025-05-071.871.92805.20M739.23M
2025-02-051.371.20597.10M733.38M
2024-11-060.350.48401.60M446.18M
2024-07-310.330.29402.60M497.51M
2024-05-081.871.70726.40M726.40M
2024-02-071.171.08591.70M852.27M
2023-11-010.670.53407.10M585.59M
2023-08-020.350.38411.30M411.30M
2023-05-031.731.66921.20M748.25M
2023-02-071.111.16130.60M523.36M
2022-11-020.540.58462.60M413.37M
2022-08-030.520.40474.20M405.54M
2022-05-041.821.65823.60M633.29M
2022-02-091.111.28114.80M488.00M
2021-11-020.700.64380.60M371.79M
2021-08-030.400.39372.57M372.57M
2021-05-041.541.66633.43M615.88M
2021-02-091.231.15486.40M592.08M
2020-11-020.470.52346.60M310.74M
2020-08-030.330.32326.91M317.01M
2020-05-041.591.62537.10M547.18M
2020-02-061.131.09477.70M460.75M
2019-11-040.440.48325.50M332.95M
2019-08-050.240.43333.90M598.22M
2019-05-021.731.56597.81M539.07M
2019-02-071.050.92501.20M439.14M
2018-11-050.420.47322.00M414.00M
2018-08-060.450.41355.70M324.08M
2018-05-031.631.55575.40M529.51M
2018-02-010.981.05455.30M487.82M
2017-11-020.500.55342.10M369.16M
2017-08-030.410.50348.00M416.83M
2017-05-031.411.40554.00M543.62M
2017-02-011.070.99463.80M397.57M

Dividends

Yield 3.42%. Payout ratio 69.20%. Frequency Quarterly.

Safety score 76/100 · Safe. Payout ratio is 69% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. Dividends were paid in 42 separate years. Yield is 3.4%, in a range that is usually sustainable.

Ex-dateDividendRecordPaymentFrequency
2026-08-17$0.702026-08-172026-09-01Quarterly
2026-05-15$0.702026-05-152026-06-01Quarterly
2026-02-17$0.702026-02-172026-03-01Quarterly
2025-11-17$0.682025-11-172025-12-01Quarterly
2025-08-18$0.682025-08-182025-09-02Quarterly
2025-05-16$0.682025-05-162025-06-01Quarterly
2025-02-18$0.682025-02-182025-03-01Quarterly
2024-11-18$0.652024-11-182024-12-01Quarterly
2024-08-19$0.652024-08-192024-09-01Quarterly
2024-05-16$0.652024-05-172024-06-01Quarterly
2024-02-15$0.652024-02-162024-03-01Quarterly
2023-11-16$0.622023-11-172023-12-01Quarterly
2023-08-17$0.622023-08-182023-09-01Quarterly
2023-05-17$0.622023-05-182023-06-01Quarterly
2023-02-13$0.622023-02-142023-03-01Quarterly
2022-11-16$0.622022-11-172022-12-01Quarterly
2022-08-17$0.592022-08-182022-09-01Quarterly
2022-05-17$0.592022-05-182022-06-01Quarterly
2022-02-11$0.592022-02-142022-03-01Quarterly
2021-11-16$0.592021-11-172021-12-01Quarterly
2021-08-17$0.562021-08-182021-09-01Quarterly
2021-05-17$0.562021-05-182021-06-01Quarterly
2021-02-11$0.562021-02-122021-03-01Quarterly
2020-11-16$0.562020-11-172020-12-01Quarterly
2020-08-17$0.542020-08-182020-09-01Quarterly
2020-05-15$0.542020-05-182020-06-01Quarterly
2020-02-13$0.542020-02-142020-03-01Quarterly
2019-11-15$0.542019-11-182019-12-01Quarterly
2019-08-16$0.512019-08-192019-09-01Quarterly
2019-05-16$0.512019-05-172019-06-01Quarterly
2019-02-14$0.512019-02-152019-03-01Quarterly
2018-11-16$0.512018-11-192018-12-01Quarterly
2018-08-17$0.472018-08-202018-09-01Quarterly
2018-05-17$0.472018-05-182018-06-01Quarterly
2018-02-14$0.472018-02-152018-03-01Quarterly
2017-11-16$0.472017-11-172017-12-01Quarterly
2017-08-16$0.452017-08-182017-09-01Quarterly
2017-05-16$0.452017-05-182017-06-01Quarterly
2017-02-13$0.452017-02-152017-03-01Quarterly
2016-11-15$0.422016-11-172016-12-01Quarterly
2016-08-16$0.422016-08-182016-09-01Quarterly
2016-05-16$0.422016-05-182016-06-01Quarterly
2016-02-11$0.422016-02-162016-03-01Quarterly
2015-11-13$0.412015-11-172015-12-01Quarterly
2015-08-14$0.412015-08-182015-09-01Quarterly
2015-05-14$0.412015-05-182015-06-01Quarterly
2015-02-11$0.412015-02-132015-03-01Quarterly
2014-11-13$0.392014-11-172014-12-01Quarterly
2014-08-13$0.392014-08-152014-09-01Quarterly
2014-05-14$0.392014-05-162014-06-01Quarterly
2014-02-12$0.392014-02-142014-03-01Quarterly
2013-11-13$0.382013-11-152013-12-01Quarterly
2013-08-14$0.382013-08-162013-09-01Quarterly
2013-05-15$0.382013-05-172013-06-01Quarterly
2013-02-13$0.382013-02-152013-03-01Quarterly
2012-11-14$0.372012-11-162012-12-01Quarterly
2012-08-15$0.372012-08-172012-09-01Quarterly
2012-05-16$0.372012-05-182012-06-01Quarterly
2012-02-14$0.372012-02-162012-03-01Quarterly
2011-11-15$0.362011-11-172011-12-01Quarterly
2011-08-16$0.362011-08-182011-09-01Quarterly
2011-05-16$0.362011-05-182011-06-01Quarterly
2011-02-11$0.362011-02-152011-03-01Quarterly
2010-11-15$0.362010-11-172010-12-01Quarterly
2010-08-16$0.362010-08-182010-09-01Quarterly
2010-05-14$0.362010-05-182010-06-01Quarterly
2010-02-10$0.362010-02-122010-03-01Quarterly
2009-11-13$0.352009-11-172009-12-01Quarterly
2009-08-14$0.352009-08-182009-09-01Quarterly
2009-05-14$0.352009-05-182009-06-01Quarterly
2009-02-11$0.352009-02-132009-03-01Quarterly
2008-11-12$0.352008-11-142008-12-01Quarterly
2008-08-13$0.352008-08-152008-09-01Quarterly
2008-05-14$0.352008-05-162008-06-01Quarterly
2008-02-13$0.352008-02-152008-03-01Quarterly
2007-11-14$0.352007-11-162007-12-01Quarterly
2007-08-15$0.342007-08-172007-09-01Quarterly
2007-05-16$0.342007-05-182007-06-01Quarterly
2007-02-13$0.342007-02-152007-03-01Quarterly
2006-11-15$0.332006-11-172006-12-01Quarterly

Insider trades

DateInsiderActionSharesPriceValue
2026-05-27Otto Robert PSell4.11K$74.22304.97K
2026-05-01Waleski Anne GBuy1.92K——
2026-05-01Taylor TeresaBuy1.92K——
2026-05-01Prochazka Scott MBuy1.92K——
2026-05-01Otto Robert PBuy1.92K——
2026-05-01MILLS STEVEN RICHARDBuy1.92K——
2026-05-01McAllister Kathleen SBuy1.92K——
2026-05-01Jensen Tony ABuy1.92K——
2026-05-01Granger Barry MBuy1.92K——
2026-05-01Beard Robert F.Buy1.92K——
2026-02-17Evans Linden RSell2.58K——
2026-02-17Evans Linden RSell3.73K——
2026-02-12Jones Marne MBuy835$73.2161.13K
2026-02-12Jones Marne MSell334$73.2124.48K
2026-02-12Nooney Kimberly FBuy2.01K$73.21146.86K
2026-02-12Nooney Kimberly FSell806$73.2158.99K
2026-02-12Evans Linden RBuy9.04K$73.21661.53K
2026-02-12Evans Linden RSell3.56K$73.21260.31K
2026-02-09Evans Linden RSell1.08K$71.4877.04K
2026-02-09Evans Linden RSell1.38K$71.4898.81K
2026-02-09Jones Marne MSell104$71.487.46K
2026-02-09Jones Marne MSell276$71.4819.71K
2026-02-09Nooney Kimberly FSell250$71.4817.89K
2026-02-09Nooney Kimberly FSell377$71.4826.96K
2026-02-07Evans Linden RSell1.62K$72.30117.47K
2026-02-07Jones Marne MSell1.42K$72.30102.51K
2026-02-07Nooney Kimberly FSell1.81K$72.30130.51K
2026-02-07Wiltse SarahSell201$72.3014.53K
2026-02-06Evans Linden RBuy17.79K——
2026-02-06Jones Marne MBuy4.11K——
2026-02-06Nooney Kimberly FBuy4.65K——
2026-02-06Wiltse SarahBuy2.33K——
2026-02-06Nakata Darren T.Buy2.87K——
2026-02-06Redden Donald Lee JRBuy1.64K——
2025-12-01Evans Linden RBuy8$72.45585
2025-11-10Nooney Kimberly FSell14.50K$70.701.03M
2025-11-07Nakata Darren T.Buy4.62K——
2025-10-13Nakata Darren T.Other0——
2025-08-01Redden Donald Lee JRBuy5.27K——
2025-07-21Redden Donald Lee JROther0——
2025-06-01Beard Robert F.Buy73——
2025-06-01Waleski Anne GBuy73——
2025-05-01Prochazka Scott MBuy2.22K——
2025-05-01Otto Robert PBuy2.22K——
2025-05-01McAllister Kathleen SBuy2.22K——
2025-05-01Granger Barry MBuy2.22K——
2025-05-01Jensen Tony ABuy2.22K——
2025-05-01MILLS STEVEN RICHARDBuy2.22K——
2025-05-01Taylor TeresaBuy2.22K——
2025-05-01Waleski Anne GBuy2.22K——
2025-05-01Beard Robert F.Buy2.22K——
2025-04-23Waleski Anne GOther0——
2025-04-23Beard Robert F.Other0——
2025-03-01Jensen Tony ABuy410——
2025-03-01Jensen Tony ABuy178——
2025-03-01McAllister Kathleen SBuy419——
2025-03-01McAllister Kathleen SBuy178——
2025-03-01MILLS STEVEN RICHARDBuy376——
2025-03-01MILLS STEVEN RICHARDBuy923——
2025-03-01Otto Robert PBuy520——
2025-03-01Otto Robert PBuy408——
2025-03-01Prochazka Scott MBuy384——
2025-03-01Prochazka Scott MBuy98——
2025-03-01Granger Barry MBuy385——
2025-03-01Granger Barry MBuy98——
2025-03-01Taylor TeresaBuy230——
2025-03-01Taylor TeresaBuy434——
2025-03-01Evans Linden RBuy191——
2025-03-01Nooney Kimberly FBuy649——
2025-02-18Evans Linden RSell4.90K——
2025-02-18Evans Linden RSell3.21K——
2025-02-12Evans Linden RBuy2.36K$60.10141.60K
2025-02-12Evans Linden RSell944$60.1056.74K
2025-02-12Nooney Kimberly FBuy254$60.1015.27K
2025-02-12Nooney Kimberly FSell108$60.106.46K
2025-02-12Erik Keller DBuy306$60.1018.39K
2025-02-12Erik Keller DSell120$60.107.22K
2025-02-12Jones Marne MBuy254$60.1015.27K
2025-02-12Jones Marne MSell107$60.106.45K
2025-02-11Evans Linden RSell1.12K$60.0467.27K
2025-02-11Nooney Kimberly FSell120$60.047.18K
2025-02-11Jones Marne MSell144$60.048.64K
2025-02-11Erik Keller DSell178$60.0410.68K
2025-02-09Erik Keller DSell174$59.4610.35K
2025-02-09Erik Keller DSell125$59.467.44K
2025-02-09Jones Marne MSell276$59.4616.40K
2025-02-09Jones Marne MSell104$59.466.21K
2025-02-09Nooney Kimberly FSell350$59.4620.83K
2025-02-09Nooney Kimberly FSell250$59.4614.88K
2025-02-09Evans Linden RSell1.38K$59.4682.19K
2025-02-09Evans Linden RSell950$59.4656.47K
2025-02-07Erik Keller DBuy2.03K$59.46120.94K
2025-02-07Jones Marne MBuy16.10K$59.46957.42K
2025-02-07Jones Marne MBuy4.41K$59.46262.04K
2025-02-07Nooney Kimberly FBuy22.03K$59.461.31M
2025-02-07Nooney Kimberly FBuy4.75K$59.46282.20K
2025-02-07Wiltse SarahBuy2.03K$59.46120.94K
2025-02-07Evans Linden RBuy19.66K$59.461.17M
2025-02-07Casey Phillip ABuy3.81K$59.46226.78K
2025-02-07Casey Phillip ABuy2.98K$59.46177.37K

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 485, holders +2 vs prior quarter. Ownership 104.77%.

HolderSharesChangeChange %Value
BLACKROCK, INC.12.48M352.53K+2.91%928.67M
VANGUARD PORTFOLIO MANAGEMENT LLC5.14M101.23K+2.01%382.50M
STATE STREET CORP3.82M198.95K+5.50%284.17M
VANGUARD CAPITAL MANAGEMENT LLC3.43M58.85K+1.75%255.08M
NOMURA ASSET MANAGEMENT INTERNATIONAL INC.2.50M-182.22K-6.80%185.77M
AQR CAPITAL MANAGEMENT LLC2.23M636.41K+39.89%166.06M
POINT72 ASSET MANAGEMENT, L.P.2.16M217.98K+11.22%160.79M
GEODE CAPITAL MANAGEMENT, LLC2.13M136.57K+6.85%158.61M
FRANKLIN TEMPLETON INC1.96M386.82K+24.54%146.06M
CAPITAL RESEARCH GLOBAL INVESTORS1.83M-449.96K-19.77%135.85M
TWO SIGMA INVESTMENTS, LP1.66M-552.83K-24.95%123.74M
COHEN & STEERS, INC.1.61M339.71K+26.78%119.63M
COVALIS CAPITAL LLP1.48M-271.44K-15.49%110.22M
ENGINEERS GATE MANAGER LP1.44M379.21K+35.68%107.29M
GOLDMAN SACHS GROUP INC1.43M-153.31K-9.68%106.48M
CITADEL ADVISORS LLC1.26M1.12M+799.78%93.72M
CHARLES SCHWAB INVESTMENT MANAGEMENT INC1.21M-2.51K-0.21%90.31M
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P.1.21M1.21MNew90.31M
ADAGE CAPITAL PARTNERS GP, L.L.C.1.19M-884.80K-42.75%88.17M
DIMENSIONAL FUND ADVISORS LP1.17M29.87K+2.62%87.14M
INVESCO LTD.1.17M109.70K+10.34%87.08M
MORGAN STANLEY1.13M306.35K+37.32%83.86M
NUVEEN, LLC979.19K5.94K+0.61%72.85M
VICTORY CAPITAL MANAGEMENT INC939.24K254.14K+37.10%69.88M
NORTHERN TRUST CORP924.79K-19.51K-2.07%68.80M

Forecast

Consensus Buy from 8 analysts. Average price target $83.67, +2.6% versus the current price. Low $78.00. High $87.00.

Insights · Dividends · Forecast · Financials · Learn

Stocklytics home · Screener

Analysts have an average 12-month price target of $83.67 for Black Hills (BKH), 2.5% above the current price of $81.59. Of 8 analysts covering the stock, 7 rate it Buy or Strong Buy, 1 Hold, and 0 Sell or Strong Sell, giving a consensus of Buy.

Forecasts are third-party estimates and often wrong. They are not investment advice.

BKH price target

12-month price target
Low$78.00
Average$83.67
High$87.00

The average is 2.5% above the current price of $81.59.

Is Black Hills a buy or sell?

Of 8 analysts, 7 rate Black Hills Buy or Strong Buy, 1 Hold, and 0 Sell or Strong Sell. The consensus label is Buy. That split is not a recommendation.

Black Hills earnings and revenue forecast

Analyst averages on file: 2026, EPS $4.35, revenue $2.43 billion. 2027, EPS $4.62, revenue $3.45 billion.

BKH score and fair value

The Stocklytics Score for BKH is 27 out of 100. It averages value, quality, and growth against a large-cap US universe. It is not a price target and not a buy or sell rating. Fair value is a separate estimate on the fair value tab.

BKH forecast FAQs

What is the BKH price target?

$83.67 average, with a published range of $78.00 to $87.00.

Is Black Hills a buy or sell?

The consensus is Buy from 8 analysts. This is not a recommendation.

What is the Black Hills stock forecast for 2026?

Analysts' average EPS estimate for 2026 on file is $4.35. The average revenue estimate is $2.43 billion.

What will BKH be worth in 2030?

No reliable forecast exists that far out.

When is Black Hills's next earnings report?

The next earnings date is shown on the stock page when a future report is on the calendar. This forecast does not invent a date.

Related: Black Hills · Financials · Dividends · Compare · AI stocks

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Black Hills (BKH) Stock Forecast & Price Target

BKH$81.55+0.76 +0.94%

$6.22B

Market Cap

20.30

P/E

18.73

Forward P/E

27

Score

Price History