Black Hills Stock Today

BKH Stock  USD 53.46  1.87  3.62%   


1 of 100


Odds Of Distress

Less than 39

Below Average
Black Hills is trading at 53.46 as of the 4th of December 2023. This is a 3.62 percent increase since the beginning of the trading day. The stock's open price was 51.59. Black Hills has about a 39 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Black Hills are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of November 2023 and ending today, the 4th of December 2023. Please note, there could be an existing legal relationship between Black Hills (BKH) and Black Hills (BKHU). Click here to learn more.
Business Domain
IPO Date
7th of September 1984
Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. The company was incorporated in 1941 and is headquartered in Rapid City, South Dakota. Black Hills operates under UtilitiesDiversified classification in the United States and is traded on New York Stock Exchange. The company has 67.99 M outstanding shares of which 2.26 M shares are currently shorted by investors with about 3.54 days to cover. More on Black Hills

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Black Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Black Hills' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Black Hills or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Related EntityBKHU (Black Hills)
CEOLinden Evans
Thematic Ideas
(View all Themes)
SEC FilingsBlack Hills Security & Exchange Commission EDGAR Reports
Business ConcentrationMulti-Utilities, Utilities - Diversified, Utilities, NYSE Composite, Diversified Assets, Basic Utilities (View all Sectors)
Average Analyst Recommendation
Analysts covering Black Hills report their recommendations after researching Black Hills' financial statements, talking to executives and customers, or listening in on Black Hills' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Black Hills. The Black consensus assessment is calculated by taking the average forecast from all of the analysts covering Black Hills.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Black Hills based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Black Hills financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted65.5 M65 M
Slightly Up
Slightly volatile
Weighted Average Shares65.1 M64.9 M
Slightly Up
Slightly volatile
Return on Average Assets0.02910.028
Sufficiently Up
Pretty Stable
Net Cash Flow from Operations528.1 M584.8 M
Moderately Down
Pretty Stable
Current Liabilities1.8 B1.7 B
Significantly Up
Slightly volatile
Total LiabilitiesB6.5 B
Significantly Down
Slightly volatile
Gross Margin0.340.277
Fairly Up
Very volatile
Total Debt4.2 B4.7 B
Moderately Down
Slightly volatile
Asset Turnover0.260.274
Notably Down
Slightly volatile
Current Assets900.8 M1.1 B
Fairly Down
Slightly volatile
Total Assets8.8 B9.6 B
Significantly Down
Slightly volatile
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Black Hills' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Financial Strength
Black Hills' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Black Hills' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Black Hills' bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Black Hills' outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Black Hills' financial leverage. It provides some insight into what part of Black Hills' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Black Hills' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Black Hills deploys its capital and how much of that capital is borrowed.
Black Hills cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 4.67 B in debt with debt to equity (D/E) ratio of 1.5, which is OK given its current industry classification. Black Hills has a current ratio of 0.95, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Black Hills until it has trouble settling it off, either with new capital or with free cash flow. So, Black Hills' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Black Hills sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Black to invest in growth at high rates of return. When we think about Black Hills' use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

528.13 Million
Black Hills (BKH) is traded on New York Stock Exchange in USA. It is located in 7001 Mount Rushmore Road, Rapid City, SD, United States, 57702 and employs 2,982 people. Black Hills is listed under Multi-Utilities category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 3.63 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Black Hills's market, we take the total number of its shares issued and multiply it by Black Hills's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Black Hills runs under Multi-Utilities sector within Utilities industry. The entity has 67.99 M outstanding shares of which 2.26 M shares are currently shorted by investors with about 3.54 days to cover. Black Hills has about 21.43 M in cash with 584.8 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.16.
Check Black Hills Probability Of Bankruptcy
Black Hills retains a total of 67.99 Million outstanding shares. The majority of Black Hills outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Black Hills to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Black Hills. Please pay attention to any change in the institutional holdings of Black Hills as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation

Check Black Ownership Details

Black Stock Price Odds Analysis

Coming from a normal probability distribution, the odds of Black Hills jumping above the current price in 90 days from now is about 13.19%. The Black Hills probability density function shows the probability of Black Hills stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.5668 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Black Hills will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Black Hills is significantly underperforming NYSE Composite.
  Odds Below 53.46HorizonTargetOdds Above 53.46
86.67%90 days
Based on a normal probability distribution, the odds of Black Hills to move above the current price in 90 days from now is about 13.19 (This Black Hills probability density function shows the probability of Black Stock to fall within a particular range of prices over 90 days) .

Black Hills Historical Income Statement

Black Hills Income Statement is one of the three primary financial statements used for reporting Black's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Black Hills revenue and expense. Black Hills Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Black Hills' Weighted Average Shares Diluted is increasing as compared to previous years. . The Black Hills' current Income Tax Expense is estimated to increase to about 31.3 M, while Consolidated Income is projected to decrease to under 239.5 M. View More Fundamentals

Black Stock Against Markets

Picking the right benchmark for Black Hills stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Black Hills stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Black Hills is critical whether you are bullish or bearish towards Black Hills at a given time. Please also check how Black Hills' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Black Hills without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Black Hills Corporate Directors

Black Hills corporate directors refer to members of a Black Hills board of directors. The board of directors generally takes responsibility for the Black Hills' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Black Hills' board members must vote for the resolution. The Black Hills board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Mark SchoberIndependent DirectorProfile
Michael MadisonIndependent DirectorProfile
Gary PechotaIndependent DirectorProfile
Linda MassmanDirectorProfile

How to buy Black Stock?

Before investing in Black Hills, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Black Hills. To buy Black Hills stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Black Hills. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Black Hills stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Black Hills stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Black Hills stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Black Hills, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Black Stock please use our How to Invest in Black Hills guide.

Already Invested in Black Hills?

The danger of trading Black Hills is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Black Hills is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Black Hills. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Black Hills is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Black Hills offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Black Hills' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Black Hills Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Black Hills Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Black Hills. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
For more detail on how to invest in Black Stock please use our How to Invest in Black Hills guide.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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When running Black Hills' price analysis, check to measure Black Hills' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Black Hills is operating at the current time. Most of Black Hills' value examination focuses on studying past and present price action to predict the probability of Black Hills' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Black Hills' price. Additionally, you may evaluate how the addition of Black Hills to your portfolios can decrease your overall portfolio volatility.
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Is Black Hills' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Black Hills. If investors know Black will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Black Hills listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
Dividend Share
Earnings Share
Revenue Per Share
Quarterly Revenue Growth
The market value of Black Hills is measured differently than its book value, which is the value of Black that is recorded on the company's balance sheet. Investors also form their own opinion of Black Hills' value that differs from its market value or its book value, called intrinsic value, which is Black Hills' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Black Hills' market value can be influenced by many factors that don't directly affect Black Hills' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Black Hills' value and its price as these two are different measures arrived at by different means. Investors typically determine if Black Hills is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Black Hills' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.