Black Hills (BKH) Projected to Announce Quarterly Earnings on Wednesday

Black Hills (NYSE:BKH) is expected to be posting its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect Black Hills to announce 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 summary page for the latest details on the call scheduled for Thursday, August 6, 2026 at 11:00 AM ET.

Black Hills (NYSE:BKH) last released its earnings results on Wednesday, May 6th. The utilities provider reported $1.79 earnings per share for the quarter, missing analysts’ consensus estimates of $1.88 by ($0.09). Black Hills had a return on equity of 7.77% and a net margin of 12.61%.The business had revenue of $780.70 million during the quarter, compared to analysts’ expectations of $769.19 million. During the same period in the prior year, the company earned $1.87 earnings per share. The firm’s quarterly revenue was down 3.0% compared to the same quarter last year. 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 Trading Up 0.2%

NYSE:BKH opened at $71.34 on Tuesday. The firm has a market capitalization of $5.43 billion, a P/E ratio of 18.58, a PEG ratio of 2.82 and a beta of 0.71. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.65 and a quick ratio of 0.53. Black Hills has a one year low of $57.89 and a one year high of $78.69. The company’s 50-day simple moving average is $73.43 and its 200 day simple moving average is $73.12.

Black Hills Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Monday, August 17th will be issued a dividend of $0.703 per share. This represents a $2.81 annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Monday, August 17th. Black Hills’s dividend payout ratio (DPR) is presently 73.18%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on BKH. Wall Street Zen downgraded Black Hills from a “hold” rating to a “sell” rating in a research note on Saturday, April 11th. BMO Capital Markets lowered their price objective on Black Hills from $86.00 to $85.00 and set an “outperform” rating for the company in a research note on Wednesday, July 22nd. Weiss Ratings raised Black Hills from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 24th. Oppenheimer set a $78.00 target price on Black Hills in a research note on Thursday, June 11th. Finally, Bank of America raised their price target on Black Hills from $78.00 to $87.00 and gave the company a “buy” rating in a report on Friday, July 10th. Six investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Black Hills currently has a consensus rating of “Buy” and an average price target of $81.67.

Insiders Place Their Bets

In related news, Director Robert P. Otto sold 4,109 shares of the stock in a transaction on 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 directly owned 10,886 shares of the company’s stock, valued at $807,958.92. This trade represents a 27.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.56% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Black Hills

A number of large investors have recently made changes to their positions in the company. Integrated Wealth Concepts LLC acquired a new position in Black Hills in the fourth quarter valued at $205,000. Brooklyn Investment Group purchased a new stake in shares of Black Hills in the fourth quarter valued at about $212,000. Parallel Advisors LLC boosted its stake in shares of Black Hills by 96.4% during the fourth quarter. Parallel Advisors LLC now owns 2,316 shares of the utilities provider’s stock worth $161,000 after buying an additional 1,137 shares during the period. Allworth Financial LP boosted its stake in shares of Black Hills by 18.7% during the third quarter. Allworth Financial LP now owns 2,619 shares of the utilities provider’s stock worth $161,000 after buying an additional 413 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its holdings 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 worth $131,000 after buying an additional 695 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.