Black Hills (NYSE:BKH) Updates FY 2025 Earnings Guidance

Black Hills (NYSE:BKH) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 4.000-4.200 for the period, compared to the consensus EPS estimate of 4.090. The company issued revenue guidance of -.

Black Hills Stock Performance

BKH traded down $0.30 during trading on Friday, hitting $59.60. 101,724 shares of the stock were exchanged, compared to its average volume of 468,962. The firm has a market capitalization of $4.27 billion, a P/E ratio of 15.99, a PEG ratio of 4.21 and a beta of 0.73. Black Hills has a 1-year low of $49.50 and a 1-year high of $65.59. The stock has a fifty day moving average price of $59.12 and a two-hundred day moving average price of $59.65. The company has a quick ratio of 0.83, a current ratio of 1.12 and a debt-to-equity ratio of 1.20.

Black Hills (NYSE:BKH) last announced its quarterly earnings results on Wednesday, February 5th. The utilities provider reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.17. Black Hills had a net margin of 12.00% and a return on equity of 7.43%. As a group, sell-side analysts predict that Black Hills will post 3.86 earnings per share for the current year.

Black Hills Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Saturday, March 1st. Investors of record on Tuesday, February 18th will be given a dividend of $0.676 per share. The ex-dividend date is Tuesday, February 18th. This is an increase from Black Hills’s previous quarterly dividend of $0.65. This represents a $2.70 annualized dividend and a yield of 4.54%. Black Hills’s dividend payout ratio is 69.89%.

Analyst Upgrades and Downgrades

Separately, Scotiabank lifted their price target on shares of Black Hills from $63.00 to $67.00 and gave the company a “sector perform” rating in a report on Thursday, December 12th. Five equities research analysts have rated the stock with a hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $61.25.

Black Hills Company Profile

Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. The company operates in two segments: Electric Utilities and Gas Utilities. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 222,000 electric utility customers in Colorado, Montana, South Dakota, and Wyoming; and owns and operates 1,394 megawatts of generation capacity and 9,106 miles of electric transmission and distribution lines.