Top investors say Black Hills Corporation (BKH) ticks everything they need

With 0.52 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.44 million shares. During the session, the Utilities – Regulated Gas company that operates in wider Utilities sector, reached to the highest price of $64.74 whereas the lowest price it dropped to was $63.645. The 52-week range on BKH shows that it touched its highest point at $63.60 and its lowest point at $49.33 during that stretch. It currently has a 1-year price target of $64.50. With its current market cap of 4.68 billion, BKH has annualized dividend of $2.60 while the current yield stands at 4.04%. BKH paid its most recent dividend on 1731888000, while the ex-dividend date for that was 1731888000. Beta for the stock currently stands at 0.69.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BKH was up-trending over the past week, with a rise of 2.50%, but this was up by 6.44% over a month. Three-month performance surged to 9.65% while six-month performance rose 17.23%. The stock gained 25.63% in the past year, while it has gained 19.20% so far this year. A look at the trailing 12-month EPS for BKH yields 3.72 with Next year EPS estimates of 4.11. For the next quarter, that number is 1.30. This implies an EPS growth rate of -0.55% for this year and 5.75% for next year. EPS is expected to grow by 4.46% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -3.45%.

Float and Shares Shorts:

At present, 71.57 million BKH shares are outstanding with a float of 71.15 million shares on hand for trading. On 2024-10-31, short shares totaled 2.49 million, which was 347.99999999999994 higher than short shares on 1727654400. In addition to Mr. Linden R. Evans as the firm’s President, CEO & Director, Ms. Kimberly F. Nooney serves as its Senior VP & CFO.

Institutional Ownership:

Through their ownership of 0.86711997 of BKH’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, BKH reported revenue of $401600000.0 and operating income of $75800000.0. The EBITDA in the recently reported quarter was $149200000.0 and diluted EPS was $0.35.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BKH since 2 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With BKH analysts setting a high price target of 76.0 and a low target of 57.0, the average target price over the next 12 months is 63.83333. Based on these targets, BKH could surge 18.18% to reach the target high and fall by -11.37% to reach the target low. Reaching the average price target will result in a decline of -0.74% from current levels.

Analysts have provided yearly estimates in a range of $3.89826 being high and $3.87838 being low. For BKH, this leads to a yearly average estimate of $3.88832. The surprise factor in the prior quarter was $0.32. Based on analyst estimates, the high estimate for the next quarter is $1.72 and the low estimate is $1.72. The average estimate for the next quarter is thus $1.72.