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

Black Hills (NYSE:BKH) issued an update on its FY 2025 earnings guidance on Wednesday morning. 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 -.

Analyst Upgrades and Downgrades

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

Black Hills Stock Down 0.9 %

Shares of BKH stock traded down $0.54 during trading hours on Thursday, reaching $59.54. 93,431 shares of the stock were exchanged, compared to its average volume of 456,636. Black Hills has a 12-month low of $49.33 and a 12-month high of $65.59. The business’s fifty day moving average is $59.20 and its two-hundred day moving average is $59.65. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.12 and a quick ratio of 0.83. The firm has a market capitalization of $4.26 billion, a P/E ratio of 16.02, a P/E/G ratio of 4.21 and a beta of 0.73.

Black Hills (NYSE:BKH) last announced its quarterly earnings results on Wednesday, February 5th. The utilities provider reported $1.37 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, research analysts expect that Black Hills will post 3.86 EPS for the current fiscal year.

Black Hills Increases Dividend

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

About Black Hills

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.