Black Hills Corporation (BKH)

NYSE Utilities Multi-Utilities S&P MidCap 400
$84.87
+0.24 (+0.28%)
Close of Nov 06, 2026 · end-of-day data
SMA 50SMA 2005Y/10Y use weekly candles (10/40-week averages)

Performance

price return
1W+3.5%
1M+10.9%
3M+15.2%
6M+12.8%
YTD+22.3%
1Y+31.1%
3Y+75.2%
5Y+27.9%

Key statistics

Full financials →
Market cap$6.5B
P/E (TTM)20.4
EPS (TTM, diluted)$4.17
P/S2.84
P/B1.64
EV / EBITDA12.5
Revenue (TTM)$2.29B
Revenue growth+1.7%
Net margin13.8%
ROE8.0%
Debt / equity1.11
FCF yield-4.8%
Dividend yield3.28%
Payout ratio67%
Beta (1Y)0.07
Volatility (1Y)23.7%
52-week range$64.74 – $86.54
Avg volume (50D)1.25M

Revenue & net income — last 8 quarters

Statements →

Chart pattern: Triple Bottom (weekly)

▲ Broken out
BKH Triple Bottom chart

Broke on Oct 09, 2026 · measured target $86.78 (+2%). Details →

Nov 4, 5:21 PM ET

Black Hills Q3 GAAP EPS rises to $0.54 from $0.34; 2026 guidance reaffirmed

Positive earnings 2.02

Black Hills reported third-quarter 2026 GAAP net income available for common stock of $41.0 million, or $0.54 per diluted share, up from $24.9 million, or $0.34, a year earlier. Adjusted EPS was $0.57, up from $0.45, and the company reaffirmed its 2026 adjusted EPS guidance of $4.25 to $4.45, excluding merger-related costs. The pending merger with NorthWestern Energy still requires a final approval from the Montana Public Service Commission.

  • Q3 2026 revenue was $466.1 million, compared with $430.2 million in Q3 2025.
  • GAAP EPS was $0.54 versus $0.34; adjusted EPS was $0.57 versus $0.45.
  • 2026 adjusted EPS guidance of $4.25 to $4.45 was reaffirmed, excluding merger-related costs.
  • The NorthWestern Energy merger is expected to close by year-end 2026, subject to Montana approval.
Read the filing on SEC.gov ↗
Oct 22, 7:09 PM ET

Black Hills to be renamed Bright Horizon Energy, ticker HZN, if NorthWestern merger closes

Neutral other 7.01

Black Hills Corp. announced the planned name and ticker for the combined company if its merger with NorthWestern Energy receives final Montana regulatory approval and closes. Shareholders need take no action, and BKH shares continue trading under their current symbol while the merger is pending.

  • Black Hills would be renamed Bright Horizon Energy Corporation and trade on the NYSE as HZN after the merger completes.
  • NorthWestern Energy would become a wholly owned subsidiary of Bright Horizon Energy.
  • The Montana Public Service Commission is expected to consider the merger before November 12, 2026.
  • Shareholders of both companies, the Nebraska and South Dakota commissions, FERC and Hart-Scott-Rodino clearance have already approved or cleared the merger.
Read the filing on SEC.gov ↗
Aug 5, 4:29 PM ET

Black Hills Q2 adjusted EPS rises to $0.54 from $0.38; 2026 guidance reaffirmed

Positive earnings Written later 2.02

Black Hills reported second-quarter 2026 GAAP net income available for common stock of $38.2 million, or $0.50 per diluted share, up from $27.5 million, or $0.38, a year earlier. Excluding $0.04 per share of merger-related costs, adjusted EPS was $0.54. The company reaffirmed its 2026 adjusted EPS guidance of $4.25 to $4.45 per share, and the pending NorthWestern Energy merger now needs only Montana Public Service Commission approval to close.

  • Q2 2026 GAAP diluted EPS was $0.50 versus $0.38 in Q2 2025; adjusted EPS was $0.54 versus $0.38
  • Q2 2026 revenue was $452.8 million versus $439.0 million in Q2 2025
  • 2026 adjusted EPS guidance of $4.25 to $4.45 per share was reaffirmed, excluding merger-related costs
  • The NorthWestern Energy merger is expected to close by year-end 2026, pending Montana Public Service Commission approval
Read the filing on SEC.gov ↗
May 6, 4:44 PM ET

Black Hills Q1 EPS falls to $1.73 from $1.87; 2026 adjusted EPS guidance reaffirmed

Negative earnings Written later 2.02

Black Hills Corp. reported first-quarter 2026 GAAP diluted EPS of $1.73, down from $1.87 a year earlier, and adjusted EPS of $1.79, excluding $0.05 of merger-related costs. Revenue fell to $780.7 million from $805.2 million, with unfavorable weather cited as a key factor. The company reaffirmed its 2026 adjusted EPS guidance of $4.25 to $4.45, which excludes the pending NorthWestern Energy merger.

  • Q1 2026 GAAP net income available for common stock was $131.0 million, versus $134.3 million in Q1 2025.
  • Q1 2026 revenue was $780.7 million, versus $805.2 million; weather reduced results by $0.18 per share.
  • 2026 adjusted EPS guidance of $4.25 to $4.45 was reaffirmed, assuming normal weather and excluding merger-related costs.
  • The NorthWestern Energy merger is expected to close in the second half of 2026.
Read the filing on SEC.gov ↗

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.

Recent SEC filings

EDGAR ↗

Famous investors who own BKH

All investors →
InvestorValue% of portfolioLast quarter
Renaissance Technologies $18.44M0.03% Added

From each investor's latest 13F filing (Q2 2026); positions are as of the quarter end and filed up to 45 days later.

Trades disclosed by members of Congress

All BKH congressional trades →
TradedMemberTypeAmount
Jun 17, 2025Lisa McClain MI-09 · SpouseSell$1,001 – $15,000

From House periodic transaction reports (STOCK Act); amounts are the form's ranges.

Prices are end-of-day and split-adjusted. Financial data from Black Hills Corporation's SEC XBRL filings. Not investment advice.