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Black Hills Corporation is an utilities—diversified business based in the US. Black Hills Corporation shares (BKH) are listed on the NYSE and all prices are listed in US Dollars. Black Hills Corporation employs 2,944 staff and has a trailing 12-month revenue of around USD$1.7 billion.
Since the stock market crash in March caused by coronavirus, Black Hills Corporation's share price has had significant negative movement.
Its last market close was USD$65.08, which is 23.19% down on its pre-crash value of USD$84.73 and 35.39% up on the lowest point reached during the March crash when the shares fell as low as USD$48.07.
If you had bought USD$1,000 worth of Black Hills Corporation shares at the start of February 2020, those shares would have been worth USD$612.15 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$779.01.
|Latest market close||USD$65.08|
|52-week range||USD$48.07 - USD$87.12|
|50-day moving average||USD$55.3368|
|200-day moving average||USD$58.6326|
|Wall St. target price||USD$70.88|
|Dividend yield||USD$2.14 (3.68%)|
|Earnings per share (TTM)||USD$3.159|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-11-18)||3.71%|
|1 month (2020-10-23)||9.51%|
|3 months (2020-08-25)||16.26%|
|6 months (2020-05-22)||10.25%|
|1 year (2019-11-25)||-16.33%|
|2 years (2018-11-23)||1.69%|
|3 years (2017-11-24)||12.17%|
|5 years (2015-11-25)||52.48%|
Valuing Black Hills Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Black Hills Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Black Hills Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 18x. In other words, Black Hills Corporation shares trade at around 18x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Black Hills Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.7178. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Black Hills Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Black Hills Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$632 million.
The EBITDA is a measure of a Black Hills Corporation's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$1.7 billion|
|Operating margin TTM||24.74%|
|Gross profit TTM||USD$669.5 million|
|Return on assets TTM||3.49%|
|Return on equity TTM||8.35%|
|Market capitalisation||USD$3.6 billion|
TTM: trailing 12 months
There are currently 574,788 Black Hills Corporation shares held short by investors – that's known as Black Hills Corporation's "short interest". This figure is 25.5% down from 772,008 last month.
There are a few different ways that this level of interest in shorting Black Hills Corporation shares can be evaluated.
Black Hills Corporation's "short interest ratio" (SIR) is the quantity of Black Hills Corporation shares currently shorted divided by the average quantity of Black Hills Corporation shares traded daily (recently around 366107.00636943). Black Hills Corporation's SIR currently stands at 1.57. In other words for every 100,000 Black Hills Corporation shares traded daily on the market, roughly 1570 shares are currently held short.
However Black Hills Corporation's short interest can also be evaluated against the total number of Black Hills Corporation shares, or, against the total number of tradable Black Hills Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Black Hills Corporation's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Black Hills Corporation shares in existence, roughly 10 shares are currently held short) or 0.0123% of the tradable shares (for every 100,000 tradable Black Hills Corporation shares, roughly 12 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Black Hills Corporation.
Find out more about how you can short Black Hills Corporation stock.
Dividend payout ratio: 61.32% of net profits
Recently Black Hills Corporation has paid out, on average, around 61.32% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.68% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Black Hills Corporation shareholders could enjoy a 3.68% return on their shares, in the form of dividend payments. In Black Hills Corporation's case, that would currently equate to about $2.14 per share.
Black Hills Corporation's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Black Hills Corporation's most recent dividend payout was on 1 September 2020. The latest dividend was paid out to all shareholders who bought their shares by 17 August 2020 (the "ex-dividend date").
Black Hills Corporation's shares were split on a 3:2 basis on 11 March 1998. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Black Hills Corporation shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Black Hills Corporation shares which in turn could have impacted Black Hills Corporation's share price.
Over the last 12 months, Black Hills Corporation's shares have ranged in value from as little as $48.07 up to $87.12. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Black Hills Corporation's is 0.2934. This would suggest that Black Hills Corporation's shares are less volatile than average (for this exchange).
Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. It operates through Electric Utilities, Gas Utilities, Power Generation, and Mining segments. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 214,000 electric customers in Colorado, Montana, South Dakota, and Wyoming, as well as provides electrical system construction services to large industrial customers. This segment owns 939 megawatts of generation capacity and 8,900 miles of electric transmission and distribution lines. The Gas Utilities segment distributes natural gas to approximately 1,066,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming. It also provides appliance repair services to residential customers through company technicians and third-party service providers; and constructs and maintains gas infrastructure facilities for gas transportation customers. This segment owns and operates approximately 4,775 miles of intrastate gas transmission pipelines; 41,210 miles of gas distribution mains and service lines; 7 natural gas storage sites; and approximately 49,000 horsepower of compression and 500 miles of gathering lines. The Power Generation segment produces electric power through wind, natural gas, and coal generating plants; and sells the electric capacity and energy primarily to utilities under long-term contracts. The Mining segment produces coal at its coal mine located near Gillette, Wyoming; and sells the coal to electric generation facilities. Black Hills Corporation was founded in 1941 and is headquartered in Rapid City, South Dakota.
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