Black Hills (BKH) Expected to Release Quarterly Earnings on Wednesday

Black Hills (NYSE:BKH) is expected to post its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect Black Hills to post earnings of $0.4050 per share and revenue of $490.9010 million for the quarter. Black Hills has set its FY 2026 guidance at 4.250-4.450 EPS. Individuals are encouraged to explore the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, August 6, 2026 at 11:00 AM ET.

Black Hills (NYSE:BKH) last posted its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $1.79 EPS for the quarter, missing analysts’ consensus estimates of $1.88 by ($0.09). The company had revenue of $780.70 million during the quarter, compared to the consensus estimate of $769.19 million. Black Hills had a return on equity of 7.77% and a net margin of 12.61%.Black Hills’s revenue was down 3.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.87 earnings per share. On average, analysts expect Black Hills to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Black Hills Price Performance

Shares of NYSE BKH opened at $71.06 on Monday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.53 and a current ratio of 0.65. Black Hills has a fifty-two week low of $56.31 and a fifty-two week high of $78.69. The stock has a market cap of $5.41 billion, a PE ratio of 18.50, a price-to-earnings-growth ratio of 2.82 and a beta of 0.71. The stock has a fifty day moving average of $73.49 and a 200-day moving average of $73.11.

Black Hills Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Monday, August 17th will be paid a $0.703 dividend. The ex-dividend date is Monday, August 17th. This represents a $2.81 annualized dividend and a yield of 4.0%. Black Hills’s dividend payout ratio (DPR) is currently 73.18%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Oppenheimer set a $78.00 target price on Black Hills in a report on Thursday, June 11th. BMO Capital Markets cut their price objective on shares of Black Hills from $86.00 to $85.00 and set an “outperform” rating for the company in a research report on Wednesday, July 22nd. Weiss Ratings upgraded shares of Black Hills from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, July 24th. Wall Street Zen cut shares of Black Hills from a “hold” rating to a “sell” rating in a research note on Saturday, April 11th. Finally, Bank of America upped their target price on shares of Black Hills from $78.00 to $87.00 and gave the stock a “buy” rating in a report on Friday, July 10th. Six equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and an average target price of $81.67.

Insider Buying and Selling

In other Black Hills news, Director Robert P. Otto sold 4,109 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $74.22, for a total transaction of $304,969.98. Following the sale, the director owned 10,886 shares in the company, valued at $807,958.92. This trade represents a 27.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.56% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Black Hills

Several institutional investors have recently modified their holdings of BKH. Corient Private Wealth LLC raised its holdings in shares of Black Hills by 19.3% during the 4th quarter. Corient Private Wealth LLC now owns 5,488 shares of the utilities provider’s stock valued at $381,000 after buying an additional 888 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in Black Hills by 26.8% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 26,124 shares of the utilities provider’s stock worth $1,814,000 after buying an additional 5,525 shares in the last quarter. State of Tennessee Department of Treasury boosted its stake in Black Hills by 57.1% in the fourth quarter. State of Tennessee Department of Treasury now owns 37,333 shares of the utilities provider’s stock worth $2,725,000 after buying an additional 13,562 shares in the last quarter. EP Wealth Advisors LLC purchased a new stake in Black Hills in the fourth quarter worth approximately $605,000. Finally, NewEdge Advisors LLC grew its position in Black Hills by 338.0% during the fourth quarter. NewEdge Advisors LLC now owns 3,854 shares of the utilities provider’s stock valued at $268,000 after acquiring an additional 2,974 shares during the last quarter. 86.71% of the stock is currently owned by institutional investors.

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.