12 Month Price Forecast For BKH
Distance to BKH Price Forecasts
BKH Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: January 23, 2025 3:32 AM UTC
BKH Analyst Ratings & Price Targets
Based on our analysis of 10 Wall Street analysts, BKH has a consensus that is neutral. The median price target is $63.50, with forecasts ranging from $55.00 to $76.00. Currently, there are 1 Buy ratings, 4 Hold ratings, and 1 Sell ratings.
With BKH currently trading at $57.52, the median price forecast suggests a 10.4% upside. The most optimistic forecast comes from Paul Fremont at Mizuho, projecting a 32.1% upside, while at Credit Suisse provides the most conservative target, suggesting a -4.4% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
BKH Analyst Consensus
BKH Price Target Range
Latest BKH Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for BKH.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Dec 12, 2024 | Scotiabank | Andrew Weisel | Sector Perform | Maintains | $67.00 |
| Aug 20, 2024 | Scotiabank | Andrew Weisel | Sector Perform | Maintains | $63.00 |
| Aug 2, 2024 | Wells Fargo | Sarah Akers | Equal-Weight | Maintains | $64.00 |
| Jun 4, 2024 | Mizuho | Anthony Crowdell | Neutral | Maintains | $57.00 |
| May 10, 2024 | Wells Fargo | Sarah Akers | Equal-Weight | Maintains | $61.00 |
| Apr 22, 2024 | Scotiabank | Andrew Weisel | Sector Perform | Maintains | $54.00 |
| Feb 9, 2024 | RBC Capital | Shelby Tucker | Sector Perform | Maintains | $57.00 |
| Feb 9, 2024 | Scotiabank | Andrew Weisel | Sector Perform | Maintains | $58.00 |
| Nov 21, 2023 | Mizuho | Anthony Crowdell | Neutral | Upgrade | $53.00 |
| Nov 20, 2023 | B of A Securities | Julien Dumoulin-Smith | Underperform | Maintains | $49.00 |
| Sep 22, 2023 | Mizuho | Anthony Crowdell | Underperform | Maintains | $53.00 |
| Sep 6, 2023 | RBC Capital | Shelby Tucker | Sector Perform | Maintains | $61.00 |
| Aug 4, 2023 | Wells Fargo | Equal-Weight | Maintains | $0.00 | |
| Jul 21, 2023 | Mizuho | Underperform | Maintains | $0.00 | |
| Feb 10, 2023 | RBC Capital | Shelby Tucker | Sector Perform | Downgrade | $68.00 |
| Feb 9, 2023 | Mizuho | Anthony Crowdell | Underperform | Downgrade | $60.00 |
| Feb 9, 2023 | Wells Fargo | Sarah Akers | Equal-Weight | Maintains | $65.00 |
| Feb 9, 2023 | Sidoti & Co. | Brian Russo | Neutral | Downgrade | $67.00 |
| Feb 8, 2023 | B of A Securities | Julien Dumoulin-Smith | Underperform | Downgrade | $60.00 |
| Feb 8, 2023 | Scotiabank | Andrew Weisel | Sector Perform | Downgrade | $67.00 |
Stocks Similar to Black Hills Corp
The following stocks are similar to Black Hills based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Black Hills Corp (BKH) Financial Data
Black Hills Corp has a market capitalization of $4.28B with a P/E ratio of 16.2x. The company generates $2.12B in trailing twelve-month revenue with a 12.0% profit margin.
Revenue growth is -1.4% quarter-over-quarter, while maintaining an operating margin of +18.9% and return on equity of +7.8%.
Valuation Metrics
Growth & Margins
Financial Health
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Black Hills Corp (BKH) Company Overview
About Black Hills Corp
Provides electric and natural gas utility services.
The company operates through two main segments: Electric Utilities and Gas Utilities. It generates revenue by providing electricity to approximately 222,000 customers and natural gas to about 1,116,000 customers across multiple states. Additionally, it earns income from constructing and maintaining gas infrastructure, offering appliance repair services, and producing electricity through various energy sources.
Black Hills Corporation has a significant infrastructure, including 9,106 miles of electric transmission lines and 42,514 miles of gas distribution mains. The company also engages in coal production at its mine in Wyoming and has various renewable energy sources, enhancing its sustainability profile. Established in 1941, it is headquartered in Rapid City, South Dakota.
Company Information
Sector
Utilities
Industry
Utilities - Regulated Gas
Employees
2,874
CEO
Mr. Linden R. Evans
Country
United States
IPO Year
1984
Website
www.blackhillscorp.comBlack Hills Corp (BKH) Latest News & Analysis
Black Hills Corp. Energizes First Phase of Its Ready Wyoming Electric Transmission Expansion Project
8 days agoBlack Hills Corp. (NYSE: BKH) has launched the first 12-mile segment and substations of its Ready Wyoming transmission expansion project near Cheyenne, Wyoming.
The completion of the transmission expansion project enhances Black Hills Corp.'s infrastructure, potentially increasing capacity and revenue, positively impacting its stock performance.
BKH has launched the first 12-mile segment of the Ready Wyoming electric transmission expansion project, aimed at improving operational reliability and resiliency.
BKH's new transmission line improves operational reliability, potentially boosting efficiency and reducing costs, which could enhance profitability and attract investor interest.
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Black Hills Corporation maintains a buy rating, with a 4.6% dividend yield and strong Q4 2024 earnings projections, presenting an opportunity for income-focused investors.
Black Hills Corporation's strong dividend yield, consistent raises, and positive earnings outlook make it appealing for income-focused investors, especially amid expected interest rate cuts.
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Frequently Asked Questions About BKH Stock
What is Black Hills Corp's (BKH) stock forecast for 2025?
Based on our analysis of 10 Wall Street analysts, Black Hills Corp (BKH) has a median price target of $63.50. The highest price target is $76.00 and the lowest is $55.00.
Is BKH stock a good investment in 2025?
According to current analyst ratings, BKH has 1 Buy ratings, 4 Hold ratings, and 1 Sell ratings. The stock is currently trading at $57.52. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for BKH stock?
Wall Street analysts predict BKH stock could reach $63.50 in the next 12 months. This represents a 10.4% increase from the current price of $57.52. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Black Hills Corp's business model?
The company operates through two main segments: Electric Utilities and Gas Utilities. It generates revenue by providing electricity to approximately 222,000 customers and natural gas to about 1,116,000 customers across multiple states. Additionally, it earns income from constructing and maintaining gas infrastructure, offering appliance repair services, and producing electricity through various energy sources.
What is the highest forecasted price for BKH Black Hills Corp?
The highest price target for BKH is $76.00 from Paul Fremont at Mizuho, which represents a 32.1% increase from the current price of $57.52.
What is the lowest forecasted price for BKH Black Hills Corp?
Price targets from Wall Street analysts for BKH are not currently available. The stock is trading at $57.52.
What is the overall BKH consensus from analysts for Black Hills Corp?
The overall analyst consensus for BKH is neutral. Out of 10 Wall Street analysts, 1 rate it as Buy, 4 as Hold, and 1 as Sell, with a median price target of $63.50.
How accurate are BKH stock price projections?
Stock price projections, including those for Black Hills Corp, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
