Black Hills (NYSE:BKH) Releases 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 -.

Wall Street Analyst Weigh In

Separately, Scotiabank upped their target price 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 investment analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $61.25.

Black Hills Trading Up 1.5 %

Shares of BKH stock traded up $0.89 during mid-day trading on Wednesday, hitting $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 price-to-earnings ratio of 16.14, a PEG ratio of 4.21 and a beta of 0.73. 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 has a fifty-two week low of $49.33 and a fifty-two week high of $65.59. The stock has a 50-day simple moving average of $59.27 and a two-hundred day simple moving average of $59.65.

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

Black Hills Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Saturday, March 1st. Shareholders of record on Tuesday, February 18th will be paid a dividend of $0.676 per share. The ex-dividend date is Tuesday, February 18th. This represents a $2.70 dividend on an annualized basis and a yield of 4.50%. This is an increase from Black Hills’s previous quarterly dividend of $0.65. Black Hills’s dividend payout ratio (DPR) is currently 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.