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

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

Black Hills Stock Up 1.5 %

Shares of Black Hills stock traded up $0.89 during trading hours on Wednesday, reaching $60.06. 452,925 shares of the company’s stock were exchanged, compared to its average volume of 472,871. The stock has a market cap of $4.30 billion, a P/E ratio of 16.14, a P/E/G ratio of 4.21 and a beta of 0.73. The company has a 50 day moving average of $59.27 and a two-hundred day moving average of $59.65. The company has a current ratio of 1.12, a quick ratio of 0.83 and a debt-to-equity ratio of 1.20. Black Hills has a fifty-two week low of $49.33 and a fifty-two week high of $65.59.

Black Hills (NYSE:BKH) last posted its quarterly earnings results on Wednesday, February 5th. The utilities provider reported $1.37 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.17. Black Hills had a return on equity of 7.43% and a net margin of 12.00%. On average, sell-side analysts forecast 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. This represents a $2.70 annualized dividend and a yield of 4.50%. The ex-dividend date of this dividend is Tuesday, February 18th. Black Hills’s dividend payout ratio is 69.89%.

Analyst Upgrades and Downgrades

Separately, Scotiabank boosted their price objective 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 analysts have rated the stock with a hold rating, According to MarketBeat.com, Black Hills currently has a consensus rating of “Hold” and an average 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.