Key Highlights:
- Black Hills Corporation (BKH, Financial) maintains a quarterly dividend with a forward yield of 4.45%.
- Analysts set a 12-month price target range from $59.00 to $76.00.
- Current average brokerage recommendation is "Hold."
Black Hills Corporation (BKH), a prominent player in the energy sector, has declared a quarterly dividend of $0.676 per share, consistent with its previous distribution. This decision results in a forward yield of 4.45%. Shareholders who are on record by May 16 can expect to receive this dividend on June 1, with the ex-dividend date also set for May 16.
Wall Street Analysts Forecast
Delving into the projections from five financial analysts, the average one-year price target for Black Hills Corp (BKH, Financial) stands at $65.00. This analysis is framed within a range from a high of $76.00 to a low of $59.00. This average target suggests a potential upside of 6.93% from the current stock price of $60.79. For a deeper dive into these estimates, visit the Black Hills Corp (BKH) Forecast page.
The consensus among five brokerage firms places Black Hills Corp (BKH, Financial) at an average recommendation of 2.8, reflecting a "Hold" status. This rating is derived from a scale where 1 represents a "Strong Buy" and 5 indicates a "Sell."
Using GuruFocus analytics, the projected GF Value for Black Hills Corp (BKH, Financial) in the next year is $59.48, indicating a potential downside of 2.15% from the current stock price of $60.79. The GF Value is GuruFocus' assessment of the stock's fair trading value, calculated through historical multiples, past business growth, and future business performance projections. For more comprehensive data, consult the Black Hills Corp (BKH) Summary page.