|Bid||0.00 x 1400|
|Ask||0.00 x 200|
|Day's Range||63.04 - 63.76|
|52 Week Range||50.49 - 64.14|
|Beta (3Y Monthly)||-0.39|
|PE Ratio (TTM)||15.53|
|Earnings Date||Jan 30, 2019 - Feb 4, 2019|
|Forward Dividend & Yield||2.02 (3.20%)|
|1y Target Est||62.57|
Does Black Hills Corp (NYSE:BKH) represent a good buying opportunity at the moment? Let’s briefly check the hedge fund interest towards the company. Hedge fund firms constantly search out bright intellectuals and highly-experienced employees and invest millions of dollars on research activities, so it is no wonder they tend to generate millions in profits each […]
Black Hills (BKH) delivered earnings and revenue surprises of -10.64% and -13.64%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
The Rapid City, South Dakota-based company said it had net income of 31 cents per share. Earnings, adjusted for pretax expenses and to account for discontinued operations, were 42 cents per share. The ...
Quarterly dividend increased 6.3 percent to $0.505 per share from $0.475 per shareCapital investment forecast for 2018 to 2022 increased by $208 million to $2.54 billionLower.
Nov. 1, 2018 - Black Hills Corp. (BKH) today issued 6.37 million shares of its common stock related to the conversion of the equity units that were issued in November 2015 to partially fund the acquisition of SourceGas Holdings LLC. Gross proceeds from the transaction of approximately $299 million will be used to repay the $250 million Senior Notes due January 2019 and short-term debt. "The planned issuance of common stock today marks the completion of the successful financing of the SourceGas transaction," said Rich Kinzley, senior vice president and chief financial officer. The common stock issued today is in settlement of the stock purchase contracts underlying the 5.98 million equity units issued at $50 per unit.
Nov. 1, 2018 - Black Hills Corp. (BKH) announced that yesterday its Wyoming electric utility subsidiary, Cheyenne Light, Fuel and Power Co., doing business as Black Hills Energy, received approval from the Wyoming Public Service Commission for a comprehensive, multi-year settlement agreement regarding its Power Cost Adjustment (PCA) Application filed earlier this year. Cheyenne Light`s PCA permits the recovery of costs associated with fuel, purchased electricity and other specified costs, including the portion of the company`s energy that is delivered from the Wygen I power purchase agreement (PPA) with Black Hills Wyoming (an affiliate company). To settle these issues, Cheyenne Light agreed to provide a total of $7 million in customer credits through the PCA mechanism in 2018, 2019 and 2020, and to file a rate review no later than June 21, 2021.
Oct. 31, 2018 - David R. Emery, chairman and chief executive officer, notified the Black Hills Corp. board of directors on Oct. 29, 2018, that he will retire as the company`s CEO on Dec. 31. To facilitate a smooth leadership transition, Emery will continue to serve as an employee of the company in the role of executive chairman of the board of directors until May 1, 2020, following the expiration of his current board term ending at the April 2020 annual meeting of shareholders. Consistent with the company`s long-standing and comprehensive leadership succession plan, the board appointed Linden R. ("Linn") Evans, currently president and chief operating officer, to succeed Emery as chief executive officer effective Jan. 1, 2019.
Third quarter earnings call and webcast are Tuesday, Nov. 6 RAPID CITY, S.D. - Oct. 30, 2018 - Black Hills Corp. (NYSE: BKH) today announced that its board of directors declared a 6.3 percent, or $0.03 ...
Oct. 29, 2018 - Black Hills Corp. (BKH) announced it has received approval to combine two of its natural gas utility distribution companies in Colorado and to extend the recovery period of its system safety and integrity rider for one of its natural gas utilities in Nebraska. On Oct. 10, Black Hills received approval from the Colorado Public Utilities Commission for its request to consolidate its two Colorado natural gas distribution utilities into a new public utility entity.
NEW YORK, Oct. 26, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
RAPID CITY, S.D. - Oct. 10, 2018 - Black Hills Corp. (NYSE: BKH) will announce its 2018 third quarter earnings after the market closes Monday, Nov. 5, 2018, and will host a live conference call and webcast ...
Frontier Communications (FTR) continues to expand its Fiber-based broadband footprint to cater to the evolving needs of customers.
The rate hike will allow Black Hills (BKH) to recoup the capital investment made in infrastructural upgrade, partially offset by the tax benefits to be transferred to its customers.
Oct. 9, 2018 - Black Hills Corp. (BKH) today announced that its Arkansas gas utility, Black Hills Energy, received approval for a general rate increase from the Arkansas Public Service Commission to recover investments in safety, reliability and system integrity for natural gas service for more than 169,000 customers in Arkansas. Since 2016, Black Hills Energy has invested more than $160 million to replace, upgrade and maintain more than 5,500 miles of natural gas pipelines in Arkansas-critical infrastructure required to meet system growth needs and ensure the safe and reliable delivery of natural gas to customers` homes and businesses.
Oct. 9, 2018 - Black Hills Corp. (BKH) today announced that its Arkansas gas utility subsidiary, Black Hills Energy, will provide federal income tax reform benefits, resulting from the December 2017 passage of the federal Tax Cuts and Jobs Act, to its customers in Arkansas commencing Oct. 15, 2018. The Arkansas Public Service Commission on Sept. 26, 2018, approved Black Hills Energy`s request to pass along the benefits to customers of a lower corporate federal income tax rate, which was reduced from 35 percent to 21 percent beginning Jan. 1, 2018.
This analysis is intended to introduce important early concepts to people who are starting to invest and want to start learning about core concepts of fundamental analysis on practical examples Read More...
NEW YORK, Sept. 28, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
Sept. 5, 2018 - Black Hills Corp. (BKH) today announced that its South Dakota electric utility subsidiary, Black Hills Energy, will provide $7.7 million in federal tax reform benefits to its customers in South Dakota for calendar year 2018 and an ongoing benefit in 2019 and beyond. The South Dakota Public Utilities Commission approved a settlement agreement for Black Hills Energy on Sept. 4 allowing the company to pass on to customers the benefits of a lower corporate federal income tax rate, which was reduced from 35 percent to 21 percent beginning in 2018 with the passage of the Tax Cuts and Jobs Acts. The settlement agreement provides for the 2018 benefits of tax reform to be passed on to customers through a one-time credit on their October bill.
Celebrating 135 Years of Delivering Energy to Customers RAPID CITY, S.D. - Aug. 29, 2018 - Black Hills Corp. (NYSE: BKH) today announced it will ring The Opening Bell ® at the New York Stock Exchange ...