Black Hills (BKH) to Release Quarterly Earnings on Wednesday

Black Hills (NYSE:BKH) is anticipated to post its Q4 2025 results after the market closes on Wednesday, February 4th. Analysts expect Black Hills to post earnings of $1.45 per share and revenue of $809.8840 million for the quarter. Individuals can check the company’s upcoming Q4 2025 earning summary page for the latest details on the call scheduled for Thursday, February 5, 2026 at 11:00 AM ET.

Black Hills (NYSE:BKH) last released its quarterly earnings data on Thursday, November 6th. The utilities provider reported $0.45 earnings per share for the quarter, meeting the consensus estimate of $0.45. Black Hills had a net margin of 12.54% and a return on equity of 7.86%. The firm had revenue of $430.20 million during the quarter, compared to analysts’ expectations of $439.96 million. During the same period in the previous year, the company earned $0.35 earnings per share. The firm’s quarterly revenue was up 7.1% on a year-over-year basis. On average, analysts expect Black Hills to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Black Hills Trading Up 1.3%

Shares of BKH stock opened at $73.59 on Wednesday. The company has a current ratio of 0.91, a quick ratio of 0.67 and a debt-to-equity ratio of 1.10. Black Hills has a 12-month low of $54.92 and a 12-month high of $74.23. The stock has a market capitalization of $5.36 billion, a P/E ratio of 18.58, a P/E/G ratio of 3.19 and a beta of 0.75. The firm’s 50 day moving average is $70.99 and its 200 day moving average is $64.70.

Black Hills Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, March 1st. Investors of record on Tuesday, February 17th will be issued a $0.703 dividend. The ex-dividend date of this dividend is Tuesday, February 17th. This is an increase from Black Hills’s previous quarterly dividend of $0.68. This represents a $2.81 annualized dividend and a dividend yield of 3.8%. Black Hills’s dividend payout ratio is presently 70.96%.

Insider Buying and Selling

In other Black Hills news, CFO Kimberly F. Nooney sold 14,500 shares of the stock in a transaction on Monday, November 10th. The shares were sold at an average price of $70.70, for a total transaction of $1,025,150.00. Following the completion of the transaction, the chief financial officer owned 34,621 shares in the company, valued at $2,447,704.70. This trade represents a 29.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.63% of the stock is owned by company insiders.

Institutional Investors Weigh In On Black Hills

Institutional investors have recently made changes to their positions in the company. Advisory Services Network LLC purchased a new stake in shares of Black Hills in the third quarter worth approximately $45,000. Geneos Wealth Management Inc. increased its stake in Black Hills by 44.0% in the second quarter. Geneos Wealth Management Inc. now owns 1,037 shares of the utilities provider’s stock worth $58,000 after purchasing an additional 317 shares during the period. Parallel Advisors LLC lifted its position in shares of Black Hills by 42.6% during the third quarter. Parallel Advisors LLC now owns 1,179 shares of the utilities provider’s stock worth $73,000 after purchasing an additional 352 shares during the last quarter. Larson Financial Group LLC boosted its stake in shares of Black Hills by 90.3% during the third quarter. Larson Financial Group LLC now owns 1,960 shares of the utilities provider’s stock valued at $121,000 after purchasing an additional 930 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of Black Hills by 42.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,344 shares of the utilities provider’s stock valued at $131,000 after purchasing an additional 695 shares during the period. Institutional investors own 86.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on BKH. Weiss Ratings reiterated a “buy (b-)” rating on shares of Black Hills in a research report on Monday, December 29th. Scotiabank upgraded Black Hills from a “sector perform” rating to a “sector outperform” rating and increased their price target for the stock from $66.00 to $81.00 in a research note on Friday, November 7th. Finally, BMO Capital Markets increased their target price on Black Hills from $70.00 to $82.00 and gave the stock an “outperform” rating in a research report on Tuesday. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $75.67.

About Black Hills

Black Hills Corporation is a diversified energy company based in Rapid City, South Dakota, that provides electricity and natural gas distribution services to residential, commercial and industrial customers. Through its regulated utility subsidiaries—Black Hills Power, Cheyenne Light & Power, and Black Hills Energy—the company delivers reliable energy across Colorado, Kansas, Montana, Nebraska, South Dakota and Wyoming.

In addition to its distribution operations, Black Hills owns and operates a generation portfolio that includes natural gas–fired plants, coal-fired units, hydroelectric facilities and wind projects.