Black Hills (NYSE:BKH – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 4.000-4.200 for the period, compared to the consensus estimate of 4.090. The company issued revenue guidance of -.
Wall Street Analyst Weigh In
Separately, Scotiabank upped their price target on shares of Black Hills from $63.00 to $67.00 and gave the company a “sector perform” rating in a research report on Thursday, December 12th. Five equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $61.25.
Check Out Our Latest Report on Black Hills
Black Hills Stock Performance
Black Hills (NYSE:BKH – Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The utilities provider reported $1.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.17. Black Hills had a return on equity of 7.43% and a net margin of 12.00%. On average, research analysts expect that Black Hills will post 3.86 EPS for the current year.
Black Hills Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Saturday, March 1st. Shareholders of record on Tuesday, February 18th will be issued a $0.676 dividend. The ex-dividend date is Tuesday, February 18th. This is a boost from Black Hills’s previous quarterly dividend of $0.65. This represents a $2.70 dividend on an annualized basis and a yield of 4.50%. Black Hills’s dividend payout ratio (DPR) is 69.89%.
Black Hills Company Profile
Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. The company operates in two segments: Electric Utilities and Gas Utilities. The Electric Utilities segment generates, transmits, and distributes electricity to approximately 222,000 electric utility customers in Colorado, Montana, South Dakota, and Wyoming; and owns and operates 1,394 megawatts of generation capacity and 9,106 miles of electric transmission and distribution lines.
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