Skip to main content
BKH logo

BKH

Black Hills Corp /Sd/
$75.21 +1.93 (+2.63%) At close · Jul 10
Market Cap
$5.73B
Shares
76,128,592

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$75.21 Open$73.95 Day$73.37–75.77 52W$54.13–78.69 Avg vol 30d1.0M Short int9.4M · 12.3% float · 9.5d Short vol67% Last earningsMay 6, 2026 DataJan 2020–Jul 2026 Filing10-Q · May 7
Up next
Next earnings call
Aug 5, 2026 Est · unconfirmed · in 3 wks
FQ3-26 quarter ends
~Sep 30, 2026 Est
filed May 7, 2026
AI Brief

TL;DR.

Bullish
    Bearish

      AI-generated from the earnings call and 8-K · may contain errors · not investment advice

      Equibles Rating blended score · not investment advice
      Overall
      Buy
      SellHoldBuy
      Technical Strong Buy Momentum Strong Sentiment Neutral Fundamentals Fair Quant / Vol Very Low
      Market backdrop VIX 15 · calm Equity put/call 0.55
      Technical
      price trend
      Strong Buy
      50 / 200-day cross No cross
      Price vs 200-day avg +6%
      above
      Price vs 50-day avg +2%
      above
      RSI (14) 57
      neutral
      MACD trend Positive
      52-week position 86%
      near high
      Volume (OBV) Confirms
      volume backs price
      Momentum
      relative strength
      Strong
      1-month return +5%
      trailing
      6-month return +4%
      trailing
      YTD return +9%
      this year
      Relative strength −5%
      vs S&P · 6-mo
      Sentiment
      smart money
      Neutral
      Trend (MA cross) No cross
      50d $74 › 200d $71 — 50d above 200d
      Institutional flow Accumulating
      21 of 470 funds reported for Jun 30 · net +119.9K sh shares · +1 new
      Insider flow Distributing
      Net -$305.0K over 90 days · 100% sells
      Short interest Rising
      12.31% of float · ▲ +8.8% MoM · 9.5 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      470 holders — near 3-yr high, broad support
      Squeeze score 78
      high risk · 0–100
      Fundamentals
      Fair
      Revenue growth +9%
      Y/Y
      Gross margin 33%
      expanding
      EPS growth +2%
      Y/Y
      Free cash flow $-146.4M
      Valuation P/E 19.6
      in line
      Balance sheet $1.7B
      net debt
      Quant / Vol
      risk profile
      Very Low
      Volatility 23%
      annualized · 1-yr
      Max drawdown −12%
      past year
      ATR 2.3%
      of price · 14-day

      Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

      Guidance & track record
      Latest guidance · from the 8-K filed May 6, 2026
      Adjusted earnings per share (excluding merger-related costs) · full-year 2026 Non-GAAP Initiated $4.25 – $4.45

      Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

      Technicals

      trend & momentum for long-term holders Strong Buy
      0 · 3 · 4
      50 / 200-day cross
      No cross Neutral
      Price vs 200-day avg
      +6% Bullish
      Price vs 50-day avg
      +2% Bullish
      RSI (14)
      57 Neutral
      MACD trend
      Positive Bullish
      52-week position
      86% Bullish
      Volume (OBV)
      Confirms Neutral
      Market signals — smart money & positioning
      Mixed
      Trend (MA cross) No cross
      50d $74 › 200d $71 — 50d above 200d
      Institutional flow Accumulating
      21 of 470 funds reported for Jun 30 · net +119.9K sh shares · +1 new
      Insider flow Distributing
      Net -$305.0K over 90 days · 100% sells
      Short interest Rising
      12.31% of float · ▲ +8.8% MoM · 9.5 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      470 holders — near 3-yr high, broad support
      Price context
      position in its 52-week range
      52-wk low $54 Now $75 · 86% 52-wk high $79
      vs 200-day avg +6% vs 50-day avg +2%

      Illustrative technical + ownership context — a signal mix, not investment advice.

      Key metrics

      the company's own KPIs, from its earnings releases, calls, and filings
      Metric Latest Period YoY
      All-time peak load at Wyoming Electric 393 Q1 2026
      Colorado Electric solar PPA capacity 200 Q1 2026
      Kansas Gas rate review requested new annual revenue $2.4M Q1 2026
      Lange II gas-fired generation project capacity 99 Q1 2026
      Lange II gas-fired generation project cost $280M Q1 2026
      Refundable contributions in aid of construction from prospective data center customer 201M Q1 2026
      South Dakota Electric rate review requested new annual revenue $51M Q1 2026
      Wyoming Electric rate review requested new annual revenue $5M Q1 2026
      1.8-gigawatt data center in Cheyenne 1.8 Q1 2026 call
      2026 equity need (range lower) $50M FY2026 call
      2026 equity need (range upper) $70M FY2026 call
      ATM equity issued Q1 2026 $41M Q1 2026 call
      Colorado battery storage project 50 Q1 2026 call
      Colorado solar PPA 200 Q1 2026 call
      FFO to debt target 14% Q1 2026 call
      FFO to debt target (upper) 15% Q1 2026 call
      five-year capital plan $4.7B Q1 2026 call
      Lange II generation project 99 Q1 2026 call
      large load demand in financial plan by 2030 600 by 2030 call
      large load demand pipeline 3 Q1 2026 call
      large load pipeline (upside) 2.5 Q1 2026 call
      Microsoft land acquisition 3,200 Q1 2026 call
      net debt to total capitalization target 55% Q1 2026 call
      next debt maturity $400M January 2027 call
      Ready Wyoming transmission project $350M Q1 2026 call
      revolving credit facility availability $500M Q1 2026 call
      Adjusted earnings non-GAAP $300.4M Twelve Months Ended Dec. 31
      All-time peak load 379 FY2025
      Ready Wyoming electric transmission expansion project 260 FY2025

      Figures exactly as the company stated them · click a metric with a to chart its history · period links open the stating document · "call" marks figures stated on the earnings call, "filing" figures stated in the 10-K/10-Q · YoY needs the prior-year figure on file

      Versus peers

      Utilities - Regulated Gas — same industry group
      Open screener →
      Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
      BKH
      Black Hills Corp /Sd/
      this stock
      $5.73B +9.4% -8.6% 19.6 12.3%
      ATO
      Atmos Energy Corp
      $29.41B +5.7% +12.9% 21.7 2.2%
      NI
      Nisource Inc.
      $22.49B +13.1% -11.8% 23.3 2.7%
      UGI
      Ugi Corp /Pa/
      $7.68B -3.3% -11.7% 12.7 7.2%
      SWX
      Southwest Gas Holdings, Inc.
      $6.60B +14.8% +11.6% 14.2 3.0%

      Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

      At a glance

      key data from every section
      Ownership
      Institutional Holders Accumulating
      Holders
      470
      % held
      95.3%
      Reported
      21 of 470
      Top holder
      BlackRock, Inc.
      Held Float
      View
      Held by Funds
      Fund positions
      398
      View
      Short & Settlement
      Short Interest Rising
      Shares short
      9.4M
      Days to cover
      9.5d
      Change
      +758.2K sh
      View
      Short Volume
      Short vol %
      67%
      As of
      Jul 10, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      185
      Value
      $12.5K
      As of
      Jun 10, 2026
      View
      Off-Exchange
      Off-exchange %
      49.1%
      Week of
      May 4, 2026
      Off-exch Lit
      View
      Smart Money
      Insider Trades Net selling
      Net (90d)
      -$305.0K
      Buyers / Sellers
      0 / 1
      Buyers Sellers
      View
      Congressional Trades Sell
      Member
      Lisa McClain
      Amount
      $1.0K–$15.0K
      Traded
      Jun 17, 2025
      View
      Financials
      Financials
      Revenue (FY)
      $2.3B
      Net income (FY)
      $291.6M
      EPS diluted
      $3.98
      View
      Filings
      SEC Filings
      Latest
      8-K
      Filed
      May 15, 2026
      This year
      9
      View
      Proposed Sales
      Value
      $656.7K
      Shares
      10.0K
      Filed
      May 8, 2023
      View
      Earnings & Events
      Earnings Calls
      Last call
      May 6, 2026
      View
      Investor Relations
      Latest news
      Black Hills Corp. Schedules 2026…
      Published
      Jul 8, 2026
      Upcoming events
      1
      View

      Performance

      5D 20D 120D MTD YTD
      BKH +1.9% +4.6% +3.8% +1.1% +9.4%
      SPY +1.4% +4.1% +9.1% +1.1% +10.7%
      vs SPY +0.6% +0.5% -5.2% 0.0% -1.3%

      Capital returns

      Latest dividend
      $0.703 / share · ex May 15, 2026
      Raised 4%
      Paid (TTM)
      $2.758 / share · 4 payouts
      Dividend yield (TTM, derived)
      3.67%

      Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

      Key facts CIK 1130464 CUSIP 092113109 13F (30d) 22 filings 22 filers Visit website Investor relations