The 7 Wall Street analysts covering Black Hills Corp. hold a median 12-month price target of $89 — +8.5% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 41 of 100 as at 31 Oct 2026 — in the lower half.
Consensus tells you what everyone already believes. The model scores Black Hills Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Momentum (96): The shares have been drifting up relative to others.
Issuance (24): The company has been issuing shares or taking on financing, diluting existing holders.
Size (20): Larger than most of the companies we track — more scrutinised, less often mispriced.
Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.
The bullish and bearish analyst opinions on BKH, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits +8.5% from it.
Of the 20 most recent actions, 4 moved their price target up and 1 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 15 Oct 2026 | Jefferies | Initiates | Buy | $87 |
| 8 Oct 2026 | BMO Capital | Maintains | Outperform | $83 → $86 |
| 7 Oct 2026 | Freedom Broker | Upgrade | Buy | $69 → $78 |
| 7 Oct 2026 | Freedom Broker | Upgrade | Buy | — |
| 30 Sept 2026 | Freedom Broker | Initiates | Hold | — |
| 30 Sept 2026 | Freedom Broker | Initiates | Hold | $69 |
| 21 Sept 2026 | B of A Securities | Maintains | Buy | $87 → $97 |
| 21 Sept 2026 | B of A Securities | Maintains | Buy | — |
| 22 July 2026 | BMO Capital | Maintains | Outperform | $86 → $85 |
| 22 July 2026 | BMO Capital | Maintains | Outperform | — |
| 10 July 2026 | B of A Securities | Maintains | Buy | $78 → $87 |
| 10 July 2026 | B of A Securities | Maintains | Buy | — |
| 11 June 2026 | B of A Securities | Upgrade | Buy | — |
| 15 Apr 2026 | BMO Capital | Maintains | Outperform | — |
| 9 Apr 2026 | B of A Securities | Maintains | Neutral | — |
| 1 Apr 2026 | Ladenburg Thalmann | Initiates | Buy | — |
| 9 Feb 2026 | BMO Capital | Maintains | Outperform | — |
| 27 Jan 2026 | BMO Capital | Maintains | Outperform | — |
| 7 Nov 2025 | Scotiabank | Upgrade | Sector Outperform | — |
| 20 Aug 2025 | B of A Securities | Upgrade | Neutral | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
BKH appears in the Radar on the weeks it earns a place.
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Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 30 Oct 2026, Black Hills Corp. returned +33.8% against +12.4% for the S&P 500, dividends included.
Download this chart as an image — free to reuse; link this page as the source.
Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 36% of US stocks
Cheaper than 43% of US stocks
Cheaper than 51% of US stocks
Cheaper than 29% of US stocks
Higher than 35% of US stocks
Higher than 71% of US stocks
Higher than 52% of US stocks
Higher than 81% of US stocks
Higher than 75% of US stocks
Higher than 59% of US stocks
Higher than 67% of US stocks
Higher than 89% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
Black Hills Corp. has a market value of $6.2B and an enterprise value of $10.7B.
Revenue in the twelve months to 30 June 2026: $2.3B. The latest quarter grew 3.1% year on year.
Net income over the same four quarters: $308.1M, a 13.4% net margin.
Diluted earnings per share, trailing twelve months: $3.96.
Free cash flow in the twelve months to 30 June 2026: −$305.2M.
Black Hills Corp. spent $206.9M on dividends in the twelve months to 30 June 2026.
Trailing P/E: 20.6×; forward P/E: 17.7× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 3.44%, paying out 69% of earnings.
Black Hills Corp. employs 2,795 people — $823K of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own Black Hills Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
Black Hills Corp. announced that its board declared a quarterly dividend on its common stock at a meeting held Oct. 28, 2026.
Why it matters — The announcement is relevant to BKH watchers tracking the company’s quarterly dividend decisions.
Black Hills Corp. and NorthWestern Energy announced that, if their proposed merger receives satisfactory final regulatory approval and is completed, the combined company will be renamed Bright Horizon Energy Corporation and trade on the NYSE under ticker HZN. NorthWestern Energy would become a wholly owned subsidiary.
Why it matters — BKH watchers should note the proposed change to the company’s name and ticker, which is conditional on regulatory approval and completion of the merger.
Black Hills signed agreements to supply 2.7 gigawatts of power to Google’s Wyoming data center campus through 2048. The deal could generate $150 million in annual net income by 2030.
Why it matters — The agreement links BKH to growing data-center power demand and could become a significant source of annual net income.
The article discusses five utility stocks, focusing on dividend yields and the strength of their coverage amid rising interest rates and shifting demand. The provided excerpt does not identify the stocks discussed.
Why it matters — A BKH watcher may find the article relevant to the broader pressures facing regulated utilities, though the excerpt does not say whether Black Hills is included.
Black Hills Corp. said its Arkansas natural gas utility received approval from the Arkansas Public Service Commission for new rates. The rates provide recovery of approximately $147 million in system investments since its 2023 general rate filing, along with operational costs to serve more than 189,000 customers in over 100 Arkansas communities.
Why it matters — The approval affects cost recovery for BKH’s Arkansas gas utility and its provision of service to its customer base.
The 7 Wall Street analysts covering Black Hills Corp. have a median 12-month price target of $89, with estimates ranging from $78 to $91. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 7 analysts covering Black Hills Corp., 7 rate it a Buy, 0 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Black Hills Corp. 41 out of 100 across roughly 4,600 US stocks as at 31 Oct 2026. None of this is personal advice — it does not consider your circumstances.
As at 31 Oct 2026, Black Hills Corp. ranks 41 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Momentum (96 of 100).
No one can know that. What the data says: the median 12-month target from 7 analysts implies +8.5% from the last close, and Ticker Nerd's factor model ranks Black Hills Corp. 41 out of 100 as at 31 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering Black Hills Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for BKH are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $78 to $91 over the next 12 months.
Black Hills Corp. returned +33.8% over the 12 months to 30 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.
Black Hills Corporation is a regulated energy utility company that provides electricity and natural gas services to customers across the central and western United States. Through its Electric Utilities segment, the company generates, transmits, and distributes power to residential, commercial, industrial, and municipal users, while its Gas Utilities segment delivers natural gas through transmission, distribution, and storage systems.
The most recent item we track (GlobeNewsWire, 28 Oct 2026): "Black Hills Corp. Announces Quarterly Dividend". Black Hills Corp. announced that its board declared a quarterly dividend on its common stock at a meeting held Oct. 28, 2026.
Black Hills Corporation is a regulated energy utility company that provides electricity and natural gas services to customers across the central and western United States. Through its Electric Utilities segment, the company generates, transmits, and distributes power to residential, commercial, industrial, and municipal users, while its Gas Utilities segment delivers natural gas through transmission, distribution, and storage systems. Black Hills Corporation also operates supporting energy-related services, including infrastructure and related utility offerings that help maintain reliable service for local communities and businesses. Headquartered in Rapid City, South Dakota, Black Hills Corporation plays an important role in essential energy delivery across multiple states, serving as a core provider in regional utility markets and supporting everyday energy needs for homes and businesses.
CEO Mr. Linden R. Evans J.D. · 2,795 employees · United States · https://ir.blackhillscorp.com
