Black Hills Corporation

Company Profile

Black Hills Corporation had its IPO on 1984-09-07 under the ticker symbol BKH.

The company operates in the Utilities sector and Utilities-Diversified industry. Black Hills Corporation has a staff strength of 2,982 employees.

Stock update

Shares of Black Hills Corporation opened at $54.5 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $54.13 - $54.95, and closed at $54.89.

This is a +0.85% increase from the previous day's closing price.

A total volume of 308,458 shares were traded at the close of the day’s session.

In the last one week, shares of Black Hills Corporation have increased by +0.27%.

Black Hills Corporation's Key Ratios

Black Hills Corporation has a market cap of $4.13 billion, indicating a price to book ratio of 1.5863 and a price to sales ratio of 1.9345.

In the last 12-months Black Hills Corporation’s revenue was $2.65 billion with a gross profit of $772.84 million and an EBITDA of $708.50 million. The EBITDA ratio measures Black Hills Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Black Hills Corporation’s operating margin was 17.23% while its return on assets stood at 3.07% with a return of equity of 8.67%.

In Q1, Black Hills Corporation’s quarterly earnings growth was a negative -5.1% while revenue growth was a positive 11.8%.

Black Hills Corporation’s PE and PEG Ratio

Forward PE

17.0068

Trailing PE

15.9871

PEG

3.2723

Its diluted EPS in the last 12-months stands at $3.88 per share while it has a forward price to earnings multiple of 17.0068 and a PEG multiple of 3.2723. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Black Hills Corporation’s profitability.

Black Hills Corporation stock is trading at a EV to sales ratio of 3.9604 and a EV to EBITDA ratio of 13.2761. Its price to sales ratio in the trailing 12-months stood at 1.9345.

Black Hills Corporation stock pays annual dividends of $2.44 per share, indicating a yield of 4.03% and a payout ratio of 63.33%.

Balance sheet and cash flow metrics

Total Assets

$9.46 billion

Total Liabilities

$1.04 billion

Operating Cash Flow

$-101505000.00

Capital Expenditure

$119.11 million

Dividend Payout Ratio

63.33%

Black Hills Corporation ended 2024 with $9.46 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $9.46 billion while shareholder equity stood at $3.10 billion.

Black Hills Corporation ended 2024 with $0 in deferred long-term liabilities, $1.04 billion in other current liabilities, 66671000.00 in common stock, $1.14 billion in retained earnings and $1.30 billion in goodwill. Its cash balance stood at $39.37 million and cash and short-term investments were $39.37 million. The company’s total short-term debt was $525,000,000 while long-term debt stood at $3.95 billion.

Black Hills Corporation’s total current assets stands at $918.32 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $494.86 million compared to accounts payable of $173.22 million and inventory worth $129.96 million.

In 2024, Black Hills Corporation's operating cash flow was $-101505000.00 while its capital expenditure stood at $119.11 million.

Comparatively, Black Hills Corporation paid $0.63 in dividends in 2024.

Other key metrics

Current Trading Price

$54.89

52-Week High

$77.506

52-Week Low

$57.396

Analyst Target Price

$66.43

Black Hills Corporation stock is currently trading at $54.89 per share. It touched a 52-week high of $77.506 and a 52-week low of $77.506. Analysts tracking the stock have a 12-month average target price of $66.43.

Its 50-day moving average was $57.17 and 200-day moving average was $62.39 The short ratio stood at 3.52 indicating a short percent outstanding of 0%.

Around 62.5% of the company’s stock are held by insiders while 9156.3% are held by institutions.