Nama's AI scorecard currently rates Black Hills Sell (4.2 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.

What is BKH's P/E ratio?

Black Hills trades at a trailing price-to-earnings ratio of 19.7.

When does BKH report earnings?

Black Hills's next scheduled report is on Feb 3, 2027. Analysts expect EPS of $1.61.

What is the BKH price target?

The median analyst price target from 7 analysts is $89.00, with a range of $78.00 – $91.00.

Is BKH Shariah compliant?

Nama's AAOIFI-style screen reads Black Hills as Not Shariah Compliant. At least one of the three ratios or the industry test failed.

Does BKH pay a dividend?

Yes — Black Hills's dividend yield is 3.3%.

Nama Insights

Black Hills (BKH)

Utilities · Utilities Regulated Gas · NYSE

Black Hills (BKH) is a Utilities company in the Utilities Regulated Gas industry. It has a market capitalization of $6.47B, a trailing price-to-earnings ratio of 19.7 and a free-cash-flow yield of -2.4%. Over the most recent reported fiscal year, revenue grew 8.6%. Nama's AI scorecard rates it Sell, 4.2 out of 10. On 12-month momentum it ranks in the rising band of its market.

AI scorecard

Sell · 4.2/10

Negative, at the mild end of Sell. As of Nov 7, 2026.

Momentum

Rising · +11.9% over 12 months ex. last

Second-best fifth of its market on the past year's move.

Shariah screen

Not Shariah Compliant

At least one of the three ratios or the industry test failed.

Off its high

-1.9%

How far the last close sits under the highest price of the past five years.

Market cap	$6.47B
Trailing P/E	19.7
Price / book	1.6
Price / sales	2.8
FCF yield	-2.4%
Dividend yield	3.3%
Gross margin	39.7%
Operating margin	23.9%
Net margin	13.0%
Revenue growth (YoY)	+8.6%
Revenue growth (3-yr annual)	-3.3%
EPS growth (YoY)	+4.8%
FCF/share growth (YoY)	—
Beta	0.7
Exchange	NYSE
Sector	Utilities
Industry	Utilities Regulated Gas

BKH earnings

Next report: Feb 3, 2027 (Q4 2026, EPS estimate $1.61). Beat the EPS estimate in 2 of 4 recent quarters.

Quarter	Reported	EPS	Estimate	Surprise	Revenue
Q3 2026	Nov 4, 2026	$0.57	$0.47	+21.3%	—
Q2 2026	Aug 5, 2026	$0.54	$0.41	+31.7%	$452.80M
Q1 2026	May 5, 2026	$1.79	$1.84	-2.7%	$780.70M
Q4 2025	Feb 4, 2026	$1.41	$1.41	+0.0%	$635.50M

BKH analyst price target

Median target $89.00 from 7 analysts, ranging $78.00 – $91.00.

Utilities Regulated Gas peers

Ticker	Company	Market cap	P/E
ATO	Atmos Energy	$29.27B	20.4
NI	NiSource	$21.18B	22.1
UGI	UGI	$7.94B	12.7
SWX	Southwest Gas	$6.62B	23.3
NJR	New Jersey Resources	$5.51B	14.9
SR	Spire	$5.25B	18.5
OGS	ONE Gas	$5.09B	16.6
BIPC	Brookfield Infrastructure	$4.88B	—

Explore live BKH data on Nama Insights →

Recent Congressional trades

Black Hills trades disclosed by members of the US House and Senate under the STOCK Act. See the full Congress trades board →

Member	Chamber	Trade	Amount	Disclosed
Lisa McClain	House	Sell	$1,001 - $15,000	Aug 13, 2025

BKH FAQ

Is BKH a buy?: Nama's AI scorecard currently rates Black Hills Sell (4.2 out of 10), a call computed from its profitability, cash generation, growth, valuation and balance sheet. It is a research reading, not investment advice.
What is BKH's P/E ratio?: Black Hills trades at a trailing price-to-earnings ratio of 19.7.
When does BKH report earnings?: Black Hills's next scheduled report is on Feb 3, 2027. Analysts expect EPS of $1.61.
What is the BKH price target?: The median analyst price target from 7 analysts is $89.00, with a range of $78.00 – $91.00.
Is BKH Shariah compliant?: Nama's AAOIFI-style screen reads Black Hills as Not Shariah Compliant. At least one of the three ratios or the industry test failed.
Does BKH pay a dividend?: Yes — Black Hills's dividend yield is 3.3%.