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Upturn stock ratingUpturn stock rating
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Black Hills Corporation (BKH)

Upturn stock ratingUpturn stock rating
$60.86
Delayed price
Profit since last BUY1.79%
upturn advisory
Consider higher Upturn Star rating
BUY since 27 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
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Upturn Advisory Summary

04/01/2025: BKH (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit -25.63%
Avg. Invested days 36
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 4.39B USD
Price to earnings Ratio 15.57
1Y Target Price 65
Price to earnings Ratio 15.57
1Y Target Price 65
Volume (30-day avg) 517143
Beta 0.67
52 Weeks Range 48.52 - 64.85
Updated Date 04/1/2025
52 Weeks Range 48.52 - 64.85
Updated Date 04/1/2025
Dividends yield (FY) 4.46%
Basic EPS (TTM) 3.91

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 12.84%
Operating Margin (TTM) 26.68%

Management Effectiveness

Return on Assets (TTM) 3.18%
Return on Equity (TTM) 8.23%

Valuation

Trailing PE 15.57
Forward PE 14.62
Enterprise Value 8739944587
Price to Sales(TTM) 2.06
Enterprise Value 8739944587
Price to Sales(TTM) 2.06
Enterprise Value to Revenue 4.11
Enterprise Value to EBITDA 11.13
Shares Outstanding 72086496
Shares Floating 71220013
Shares Outstanding 72086496
Shares Floating 71220013
Percent Insiders 0.49
Percent Institutions 86.63

Analyst Ratings

Rating 3.17
Target Price 64.17
Buy -
Strong Buy 1
Buy -
Strong Buy 1
Hold 4
Sell 1
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Black Hills Corporation

stock logo

Company Overview

overview logo History and Background

Black Hills Corporation, founded in 1941, began as Black Hills Power and Light Company. It has grown through acquisitions and organic development to become a diversified energy company serving customers in the central United States.

business area logo Core Business Areas

  • Electric Utilities: Generates and distributes electricity to customers in South Dakota, Wyoming, Colorado, and Montana.
  • Gas Utilities: Distributes natural gas to customers in South Dakota, Nebraska, Wyoming, Colorado, and Iowa.
  • Power Generation: Owns and operates power generation facilities.

leadership logo Leadership and Structure

The company is led by a board of directors and an executive leadership team. The organizational structure is divided by business segment and functional areas.

Top Products and Market Share

overview logo Key Offerings

  • Electricity Distribution: Provides electricity to residential, commercial, and industrial customers. Market share varies by region; generally operates within a regulated monopoly context in its service territories. Competitors are other regional electric utilities and alternative energy providers.
  • Market Share (%): 25
  • Market Share (%): 10
  • Natural Gas Distribution: Provides natural gas to residential, commercial, and industrial customers. Market share varies by region; generally operates within a regulated monopoly context in its service territories. Competitors are other regional gas utilities and alternative fuel sources.
  • Electric Generation: Generating and providing electricity for the grid
  • Market Share (%): 5

Market Dynamics

industry overview logo Industry Overview

The utility industry is undergoing a transformation, with increasing focus on renewable energy, grid modernization, and decarbonization. Regulatory changes and technological advancements are key drivers.

Positioning

Black Hills Corporation is positioned as a diversified utility company with a growing renewable energy portfolio. Its regulated business model provides a stable revenue stream. It has been actively pursuing strategic acquisitions to expand its geographic footprint and service offerings.

Total Addressable Market (TAM)

The total addressable market for utilities is in the hundreds of billions annually. BKH has a small but significant portion, focused on the central US. They are well positioned to capitalize on growth in their markets.

Upturn SWOT Analysis

Strengths

  • Regulated utility operations
  • Diversified energy portfolio
  • Strong regional presence
  • Experienced management team
  • Reliable revenue streams

Weaknesses

  • Exposure to commodity price fluctuations
  • Regulatory risks
  • Capital-intensive business model
  • Limited geographic diversity

Opportunities

  • Investments in renewable energy projects
  • Expansion through acquisitions
  • Grid modernization initiatives
  • Growing demand for energy in its service territories

Threats

  • Increasing competition from alternative energy sources
  • Changes in regulatory policies
  • Economic downturns
  • Environmental regulations

Competitors and Market Share

competitor logo Key Competitors

  • Xcel Energy (XEL)
  • Alliant Energy (LNT)
  • NorthWestern Energy (NWE)

Competitive Landscape

Black Hills Corporation competes with other regional utility companies. Its strengths include its strong regional presence and diversified energy portfolio. Its weaknesses include its exposure to commodity price fluctuations and regulatory risks.

Major Acquisitions

SourceGas Holdings

  • Year: 2016
  • Acquisition Price (USD millions): 940
  • Strategic Rationale: Expanded Black Hills Corporation's natural gas operations and geographic footprint.

Growth Trajectory and Initiatives

Historical Growth: Black Hills Corporation has grown through acquisitions and organic investments in its utility businesses.

Future Projections: Analysts project steady growth in earnings driven by increased demand and investments in renewable energy. Long-term growth is estimated around 4-6%.

Recent Initiatives: Recent initiatives include expanding its renewable energy portfolio, upgrading its grid infrastructure, and acquiring other utility companies.

Summary

Black Hills Corporation is a fairly robust utility company with growing operations. Its strengths include a regulated business model, diversified energy portfolio, and a consistent dividend payout. The company must continue to invest in infrastructure upgrades and renewable energy sources. The company will need to navigate regulatory changes and competition from alternative energy sources.

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XELratingrating

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Sources and Disclaimers

Data Sources:

  • Company Filings (10-K, 10-Q)
  • Investor Presentations
  • Analyst Reports
  • Company Website

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Black Hills Corporation

Exchange NYSE
Headquaters Rapid City, SD, United States
IPO Launch date 1984-09-07
President, CEO & Director Mr. Linden R. Evans J.D.
Sector Utilities
Industry Utilities - Regulated Gas
Full time employees 2841
Full time employees 2841

Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. The company operates in two segments: Electric Utilities and Gas Utilities. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 225,000 electric utility customers in Colorado, Montana, South Dakota, and Wyoming; and owns and operates 1,394 megawatts of generation capacity and 9,106 miles of electric transmission and distribution lines. The Gas Utilities segment distributes natural gas to approximately 1,128,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming; owns and operates 4,648 miles of intrastate gas transmission pipelines; 44,524 miles of gas distribution mains and service lines; seven natural gas storage sites; and approximately 50,000 horsepower of compression and 516 miles of gathering lines. It also constructs and maintains customer owned gas infrastructure facilities for gas transportation customers; and provides appliance repair services to residential utility customers, as well as electrical system construction services to large industrial customers. In addition, the company produces electric power through wind, natural gas, and coal-fired generating plants; and coal at its coal mine located near Gillette, Wyoming. Black Hills Corporation was incorporated in 1941 and is headquartered in Rapid City, South Dakota.

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