There Is Clear Momentum For Black Hills Corporation (NYSE: BKH)

Black Hills Corporation (BKH) concluded trading on Thursday at a closing price of $60.60, with 0.49 million shares of worth about $29.82 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -0.51% during that period and on April 17, 2025 the price saw a gain of about 0.95%. Currently the company’s common shares owned by public are about 72.09M shares, out of which, 71.64M shares are available for trading.

Stock saw a price change of 4.03% in past 5 days and over the past one month there was a price change of -0.03%. Year-to-date (YTD), BKH shares are showing a performance of 3.55% which increased to 18.36% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $51.11 but also hit the highest price of $65.59 during that period. The average intraday trading volume for Black Hills Corporation shares is 500.57K. The stock is currently trading 2.09% above its 20-day simple moving average (SMA20), while that difference is up 1.35% for SMA50 and it goes to 1.92% higher than SMA200.

Black Hills Corporation (NYSE: BKH) currently have 72.09M outstanding shares and institutions hold larger chunk of about 85.50% of that.

The stock has a current market capitalization of $4.37B and its 3Y-monthly beta is at 0.70. PE ratio of stock for trailing 12 months is 15.46, while it has posted earnings per share of $3.92 in the same period. Its PEG reads 3.02 and has Quick Ratio of 0.77 while making debt-to-equity ratio of 1.25. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BKH, volatility over the week remained 2.29% while standing at 2.56% over the month.

Stock’s fiscal year EPS is expected to rise by 4.91% while it is estimated to increase by 4.92% in next year. EPS is likely to grow at an annualized rate of 5.12% for next 5-years, compared to annual growth of 3.57% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Mizuho on November 21, 2023 offering a Neutral rating for the stock and assigned a target price of $53 to it. Coverage by RBC Capital Mkts stated Black Hills Corporation (BKH) stock as a Sector perform in their note to investors on February 10, 2023, suggesting a price target of $68 for the stock. On February 09, 2023, Sidoti Downgrade their recommendations, while on February 09, 2023, Mizuho Downgrade their ratings for the stock with a price target of $60. Stock get a Sector perform rating from Scotiabank on February 08, 2023.

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