Black Hills Corporation which can be found using ticker (BKH) have now 7 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The range between the high target price and low target price is between 77 and 60 calculating the mean target price we have $66.29. Given that the stocks previous close was at $65.42 this would imply there is now a potential upside of 1.3%. The 50 day moving average now sits at $62.93 and the 200 moving average now moves to $69.02. The total market capitalization for the company now stands at $4,318m. Company Website: https://www.blackhillscorp.com
The potential market cap would be $4,375m based on the market consensus.
Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. It operates in two segments, Electric Utilities and Gas Utilities. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 220,000 electric utility customers in Colorado, Montana, South Dakota, and Wyoming; and owns and operates 1,482 megawatts of generation capacity and 9,024 miles of electric transmission and distribution lines. The Gas Utilities segment distributes natural gas to approximately 1,107,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming; owns and operates 4,713 miles of intrastate gas transmission pipelines; 42,222 miles of gas distribution mains and service lines; seven natural gas storage sites; and approximately 50,000 horsepower of compression and 515 miles of gathering lines. The company also constructs and maintains gas infrastructure facilities for gas transportation customers; and provides appliance repair services to residential utility customers, as well as electrical system construction services to large industrial customers. In addition, it produces electric power through wind, natural gas, and coal-fired generating plants; and coal at its coal mine located near Gillette, Wyoming. The company was incorporated in 1941 and is headquartered in Rapid City, South Dakota.
The company has a dividend yield of 3.84% with the ex dividend date set at 13-2-2023 (DMY).
Other points of data to note are a P/E ratio of 16.37, revenue per share of 39.35 and a 3.03% return on assets.
