Jefferies sets USD 87.00 target for Black Hills stock
Published on 10/15/2026 at 19:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and earnings date
- Jefferies initiated Black Hills coverage with a USD 87.00 target on October 14, 2026.
- Second-quarter revenue rose 3.10 percent to USD 452.8 million.
- Black Hills stock costs EUR 67.70 at Lang & Schwarz on October 15, 2026 at 7:40 p.m. CEST.
- Third-quarter results are scheduled for November 4, 2026.
Jefferies initiated coverage of Black Hills Corporation (ISIN US0921131092) with a Buy rating and a USD 87.00 price target on October 14, 2026, according to Markets Insider. Against the NYSE quote of USD 75.92, the target stands 14.58 percent higher. Black Hills was trading at EUR 67.70 at Lang & Schwarz on October 15, 2026 at 7:40 p.m. CEST.
Second-quarter revenue reached USD 452.8 million
Black Hills reported second-quarter 2026 revenue of USD 452.8 million, up 3.10 percent from USD 439.0 million a year earlier. Adjusted earnings per share rose to USD 0.54 from USD 0.38, while net income reached USD 38.2 million, up 39.00 percent. These figures were reported in a second-quarter results review by Simply Wall St.
USD 61.85 to USD 78.69 range
The NYSE quote stood at USD 75.92 on October 15, 2026 at 1:42 p.m. ET, down 0.67 percent from USD 76.43. The 52-week range was USD 61.85 to USD 78.69, placing the stock below its yearly high while keeping it above the lower end of the range. Lang & Schwarz showed a EUR 67.55 bid and a EUR 67.85 ask at 7:40 p.m. CEST.
Valuation and November 4 date
Black Hills had a market capitalization of USD 5.8 billion and a price-to-earnings ratio of 19.18 on October 15, 2026. Its dividend yield was 3.60 percent in the latest valuation data, dated October 13, 2026. The next scheduled corporate event is the third-quarter earnings release on November 4, 2026, after the market close, followed by a conference call on November 5, 2026, according to Yahoo Finance.
Comparison with peers
BKH (NYSE, USD): minus 0.67 percent, price-to-earnings ratio 19.18, market capitalization USD 5.8 billion.
Ameren (NYSE, USD): minus 0.52 percent, price-to-earnings ratio 18.31, market capitalization USD 28.8 billion.
OGE Energy (NYSE, USD): minus 0.66 percent, price-to-earnings ratio 20.70, market capitalization USD 9.7 billion.
The next scheduled event
The November 4 report will give investors the next dated test of Black Hills earnings after the company posted higher second-quarter adjusted earnings per share and revenue growth. At Lang & Schwarz, Black Hills was trading at EUR 67.70 on October 15, 2026 at 7:40 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Black Hills stock.
Black Hills Corporation market data
- Company: Black Hills Corporation
- ISIN: US0921131092
- Ticker: BKH
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 15, 2026, 7:40 p.m. CEST): EUR 67.70
- NYSE move versus prior close: minus 0.67 percent
- Market capitalization: USD 5.8 billion (as of October 15, 2026)
- 52-week range: USD 61.85-USD 78.69 (as of October 15, 2026)
- Sector / Industry: Utilities / Regulated Gas
Market context: Market report S&P 500.
