Black Hills Corp. (BKH) Set to Announce Earnings on Tuesday
Black Hills Corp. (NYSE:BKH) is scheduled to be announcing its Q213 earnings results on Tuesday, November 5th. Analysts expect the company to announce earnings of $0.44 per share and revenue of $323.52 million for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.
Black Hills Corp. (NYSE:BKH) last announced its earnings results on Tuesday, August 6th. The company reported $0.41 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.42 by $0.01. The company had revenue of $279.80 million for the quarter, compared to the consensus estimate of $285.94 million. During the same quarter last year, the company posted $0.32 earnings per share. Black Hills Corp.’s revenue was up 15.4% compared to the same quarter last year. On average, analysts expect Black Hills Corp. to post $2.34 EPS for the current fiscal year and $2.48 EPS for the next fiscal year.
Black Hills Corp. (NYSE:BKH) opened at 50.71 on Monday. Black Hills Corp. has a 52-week low of $33.51 and a 52-week high of $55.09. The stock has a 50-day moving average of $49.66 and a 200-day moving average of $49.37. The company has a market cap of $2.258 billion and a P/E ratio of 16.15.
The company also recently announced a quarterly dividend, which is scheduled for Sunday, December 1st. Investors of record on Friday, November 15th will be paid a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a dividend yield of 3.00%. The ex-dividend date is Wednesday, November 13th.
A number of analysts have recently weighed in on BKH shares. Analysts at RBC Capital cut their price target on shares of Black Hills Corp. from $56.00 to $53.00 in a research note to investors on Monday, October 7th. They now have a “sector perform” rating on the stock. Finally, analysts at BMO Capital Markets cut their price target on shares of Black Hills Corp. from $56.00 to $52.00 in a research note to investors on Friday, October 4th. They now have a “market perform” rating on the stock. Two analysts have rated the stock with a sell rating and seven have given a hold rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $50.04.
Black Hills Corporation is a diversified energy company. The Company operates with two major business groups: Utilities and Non-regulated Energy.
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