Is Black Hills Stock a Good Investment?
Black Hills Investment Advice | BKH |
- Examine Black Hills' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Black Hills' leadership team and their track record. Good management can help Black Hills navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Multi-Utilities space and any emerging trends that could impact Black Hills' business and its evolving consumer preferences.
- Compare Black Hills' performance and market position to its competitors. Analyze how Black Hills is positioned in terms of product offerings, innovation, and market share.
- Check if Black Hills pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Black Hills' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Black Hills stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Black Hills is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Black Hills Stock
Researching Black Hills' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 87.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.25. Some equities with similar Price to Book (P/B) outperform the market in the long run. Black Hills has Price/Earnings To Growth (PEG) ratio of 2.7. The entity last dividend was issued on the 18th of February 2025. The firm had 3:2 split on the 11th of March 1998.
To determine if Black Hills is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Black Hills' research are outlined below:
| Black Hills is unlikely to experience financial distress in the next 2 years | |
| Black Hills has 133.8 M in debt with debt to equity (D/E) ratio of 1.5, which is OK given its current industry classification. Black Hills has a current ratio of 0.95, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Black to invest in growth at high rates of return. | |
| Black Hills has a strong financial position based on the latest SEC filings | |
| Over 87.0% of Black Hills shares are held by institutions such as insurance companies | |
| Latest headline from fool.com: The Nasdaq Just Hit Correction Territory These 3 Safe Stocks Finally Look Like Bargains |
Black Hills Quarterly Accounts Payable |
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Black Hills uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Black Hills. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Black Hills' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 7th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Black Hills' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Black Hills' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-07-31 | 2024-06-30 | 0.29 | 0.33 | 0.04 | 13 | ||
2016-11-02 | 2016-09-30 | 0.43 | 0.48 | 0.05 | 11 | ||
2006-08-09 | 2006-06-30 | 0.42 | 0.37 | -0.05 | 11 | ||
1996-10-23 | 1996-09-30 | 0.33 | 0.38 | 0.05 | 15 | ||
2015-11-03 | 2015-09-30 | 0.58 | 0.64 | 0.06 | 10 | ||
2012-02-02 | 2011-12-31 | 0.56 | 0.62 | 0.06 | 10 | ||
2002-04-26 | 2002-03-31 | 0.46 | 0.52 | 0.06 | 13 | ||
2014-02-06 | 2013-12-31 | 0.61 | 0.68 | 0.07 | 11 |
Black Hills Target Price Consensus
Black target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Black Hills' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 6 | Buy |
Most Black analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Black stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Black Hills, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationBlack Hills Target Price Projection
Black Hills' current and average target prices are 60.40 and 64.17, respectively. The current price of Black Hills is the price at which Black Hills is currently trading. On the other hand, Black Hills' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Target Price
Analyst Consensus On Black Hills Target Price
Black Hills Analyst Ratings
Black Hills' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Black Hills stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Black Hills' financials, market performance, and future outlook by experienced professionals. Black Hills' historical ratings below, therefore, can serve as a valuable tool for investors.Know Black Hills' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Black Hills is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Black Hills backward and forwards among themselves. Black Hills' institutional investor refers to the entity that pools money to purchase Black Hills' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Northern Trust Corp | 2024-12-31 | 1 M | Goldman Sachs Group Inc | 2024-12-31 | 962.8 K | First Trust Advisors L.p. | 2024-12-31 | 953.4 K | Franklin Resources Inc | 2024-12-31 | 897.2 K | Aqr Capital Management Llc | 2024-12-31 | 874 K | Bank Of New York Mellon Corp | 2024-12-31 | 837.9 K | Amvescap Plc. | 2024-12-31 | 831.2 K | Proshare Advisors Llc | 2024-12-31 | 698.9 K | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 677.1 K | Blackrock Inc | 2024-12-31 | 11.5 M | Vanguard Group Inc | 2024-12-31 | 8.6 M |
Black Hills' market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 4.37 B.Market Cap |
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Black Hills' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.04 | |
| Return On Capital Employed | 0.05 | 0.08 | |
| Return On Assets | 0.03 | 0.04 | |
| Return On Equity | 0.08 | 0.11 |
Determining Black Hills' profitability involves analyzing its financial statements and using various financial metrics to determine if Black Hills is a good buy. For example, gross profit margin measures Black Hills' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Black Hills' profitability and make more informed investment decisions.
Evaluate Black Hills' management efficiency
Black Hills has Return on Asset of 0.0318 % which means that on every $100 spent on assets, it made $0.0318 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0823 %, implying that it generated $0.0823 on every 100 dollars invested. Black Hills' management efficiency ratios could be used to measure how well Black Hills manages its routine affairs as well as how well it operates its assets and liabilities. The Black Hills' current Return On Tangible Assets is estimated to increase to 0.04. The Black Hills' current Return On Capital Employed is estimated to increase to 0.08. As of now, Black Hills' Other Current Assets are increasing as compared to previous years. The Black Hills' current Other Assets is estimated to increase to about 530.7 M, while Total Current Assets are projected to decrease to under 530.4 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 51.36 | 53.93 | |
| Tangible Book Value Per Share | 32.64 | 34.27 | |
| Enterprise Value Over EBITDA | 5.35 | 8.46 | |
| Price Book Value Ratio | 1.17 | 1.85 | |
| Enterprise Value Multiple | 5.35 | 8.46 | |
| Price Fair Value | 1.17 | 1.85 | |
| Enterprise Value | 3.5 B | 3.7 B |
Understanding the management dynamics of Black Hills allows us to gauge its ability to sustain growth and profitability. This comprehensive analysis aids in determining the stock's value.
Basic technical analysis of Black Stock
As of the 21st of March, Black Hills shows the risk adjusted performance of 0.0143, and Mean Deviation of 0.8989. Black Hills technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Black Hills' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Black Hills insiders, such as employees or executives, is commonly permitted as long as it does not rely on Black Hills' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Black Hills insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Black Hills' Outstanding Corporate Bonds
Black Hills issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Black Hills uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Black bonds can be classified according to their maturity, which is the date when Black Hills has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| US092113AN95 Corp BondUS092113AN95 | View | |
| BLACK HILLS P Corp BondUS092113AQ27 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| US092113AS82 Corp BondUS092113AS82 | View | |
| US092113AR00 Corp BondUS092113AR00 | View | |
| US092113AT65 Corp BondUS092113AT65 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Understand Black Hills' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Black Hills' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0143 | |||
| Market Risk Adjusted Performance | 0.0261 | |||
| Mean Deviation | 0.8989 | |||
| Semi Deviation | 1.37 | |||
| Downside Deviation | 1.43 | |||
| Coefficient Of Variation | 8071.31 | |||
| Standard Deviation | 1.32 | |||
| Variance | 1.75 | |||
| Information Ratio | 0.0614 | |||
| Jensen Alpha | 0.0363 | |||
| Total Risk Alpha | 0.1182 | |||
| Sortino Ratio | 0.0569 | |||
| Treynor Ratio | 0.0161 | |||
| Maximum Drawdown | 7.57 | |||
| Value At Risk | (2.11) | |||
| Potential Upside | 1.58 | |||
| Downside Variance | 2.04 | |||
| Semi Variance | 1.89 | |||
| Expected Short fall | (0.86) | |||
| Skewness | (0.01) | |||
| Kurtosis | 2.63 |
| Risk Adjusted Performance | 0.0143 | |||
| Market Risk Adjusted Performance | 0.0261 | |||
| Mean Deviation | 0.8989 | |||
| Semi Deviation | 1.37 | |||
| Downside Deviation | 1.43 | |||
| Coefficient Of Variation | 8071.31 | |||
| Standard Deviation | 1.32 | |||
| Variance | 1.75 | |||
| Information Ratio | 0.0614 | |||
| Jensen Alpha | 0.0363 | |||
| Total Risk Alpha | 0.1182 | |||
| Sortino Ratio | 0.0569 | |||
| Treynor Ratio | 0.0161 | |||
| Maximum Drawdown | 7.57 | |||
| Value At Risk | (2.11) | |||
| Potential Upside | 1.58 | |||
| Downside Variance | 2.04 | |||
| Semi Variance | 1.89 | |||
| Expected Short fall | (0.86) | |||
| Skewness | (0.01) | |||
| Kurtosis | 2.63 |
Consider Black Hills' intraday indicators
Black Hills intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Black Hills stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 60.4 | |||
| Day Typical Price | 60.4 | |||
| Price Action Indicator | (0.11) | |||
| Period Momentum Indicator | (0.22) |
Black Hills Corporate Filings
| 14th of March 2025 Other Reports | ViewVerify | |
F4 | 20th of February 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F5 | 18th of February 2025 The annual filing required by the Securities and Exchange Commission (SEC) from company insiders or beneficial owners | ViewVerify |
10K | 12th of February 2025 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
Black Stock media impact
Far too much social signal, news, headlines, and media speculation about Black Hills that are available to investors today. That information is available publicly through Black media outlets and privately through word of mouth or via Black internal channels. However, regardless of the origin, that massive amount of Black data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Black Hills news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Black Hills relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Black Hills' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Black Hills alpha.
Black Hills Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Black Hills can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Black Hills Historical Investor Sentiment
Investor biases related to Black Hills' public news can be used to forecast risks associated with an investment in Black. The trend in average sentiment can be used to explain how an investor holding Black can time the market purely based on public headlines and social activities around Black Hills. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Black Hills' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Black Hills and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Black Hills news discussions. The higher the estimate score, the more favorable the investor's outlook on Black Hills.
Black Hills Corporate Directors
| Salvador Diaz | Director Relations | Profile | |
| Mark Schober | Independent Director | Profile | |
| Michael Madison | Independent Director | Profile | |
| John Vering | Lead Independent Director | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Black Hills. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For more detail on how to invest in Black Stock please use our How to Invest in Black Hills guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Multi-Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Black Hills. If investors know Black will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Black Hills listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.174 | Dividend Share 2.626 | Earnings Share 3.91 | Revenue Per Share | Quarterly Revenue Growth 0.009 |
The market value of Black Hills is measured differently than its book value, which is the value of Black that is recorded on the company's balance sheet. Investors also form their own opinion of Black Hills' value that differs from its market value or its book value, called intrinsic value, which is Black Hills' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Black Hills' market value can be influenced by many factors that don't directly affect Black Hills' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Black Hills' value and its price, as these two are different measures arrived at by various means. Investors typically determine if Black Hills is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Black Hills' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.