Black Hills stock rises as earnings beat estimates
Published on 09/22/2026 at 16:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBlack Hills stock (ISIN US0921131067) opened at USD 72.12 on September 22, 2026, while the utility's market capitalization stood at USD 5.50 billion. The latest quarterly report showed EPS of USD 0.54, above the USD 0.41 consensus estimate, giving the shares a clear earnings anchor.
Quarterly earnings beat estimates
According to MarketBeat on September 22, 2026, Black Hills reported USD 0.54 EPS for the quarter ended June 30, 2026, compared with USD 0.38 in the same quarter of the previous year. The increase of USD 0.16 per share represents a 42.1 percent year-over-year improvement and exceeded consensus by USD 0.13.
Revenue reached USD 452.80 million in the quarter ended June 30, 2026, versus USD 490.89 million expected by analysts, according to MarketBeat. Despite the revenue shortfall against consensus, quarterly revenue was 3.1 percent higher than in the year-earlier period, placing the earnings beat at the center of the current investor debate.
Guidance supports the valuation
For fiscal year 2026, Black Hills set an EPS guidance range of USD 4.25 to USD 4.45, while sell-side consensus stood at USD 4.34, according to MarketBeat on September 22, 2026. The midpoint of the guidance range is USD 4.35, only USD 0.01 above consensus, so the published outlook points to stability rather than a material forecast reset.
The same September 22, 2026 report put the price-to-earnings ratio at 18.21 and the price-to-earnings-growth ratio at 2.79. Black Hills also reported a 13.01 percent net margin and 7.98 percent return on equity for the latest period, figures that frame the stock as an income-oriented utility with earnings sensitivity.
Dividend remains part of the case
Black Hills paid a quarterly dividend of USD 0.703 per share on September 1, 2026, after an August 17, 2026 ex-dividend date, according to MarketBeat. The annualized dividend of USD 2.81 corresponded to a 3.9 percent yield and a 70.96 percent payout ratio in the figures published on September 22, 2026.
Black Hills stock opened at USD 72.12 on the New York Stock Exchange on September 22, 2026. The USD 5.50 billion market capitalization and 18.21 price-to-earnings ratio provide the current market frame, while the latest USD 0.54 quarterly EPS and fiscal 2026 guidance of USD 4.25 to USD 4.45 provide the operating frame.
Black Hills Corporation at a glance
- Company: Black Hills Corporation
- ISIN: US0921131067
- Ticker: BKH
- Trading venue: NYSE
- Price (as of September 22, 2026): USD 72.12
- Market capitalization: USD 5.50 billion (as of September 22, 2026)
- Sector / Industry: Utilities / Multi-Utilities
