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Black Hills Corporation (BKH)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISINUS0921131092
CUSIP092113109
SectorUtilities
IndustryUtilities - Diversified
IPO DateSep 7, 1984

Highlights

Market Cap$4.46B
EPS (TTM)$3.69
PE Ratio16.91
PEG Ratio3.28
Total Revenue (TTM)$2.12B
Gross Profit (TTM)$769.17M
EBITDA (TTM)$657.57M
Year Range$47.62 - $63.01
Target Price$64.67
Short %4.34%
Short Ratio6.06

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons: BKH vs. D, BKH vs. BIP-UN.TO, BKH vs. SCHD, BKH vs. O, BKH vs. SRE, BKH vs. SPY, BKH vs. MO, BKH vs. SWK, BKH vs. ^SP500TR, BKH vs. VOO

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Black Hills Corporation, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
13.62%
12.76%
BKH (Black Hills Corporation)
Benchmark (^GSPC)

Returns By Period

Black Hills Corporation had a return of 21.31% year-to-date (YTD) and 29.52% in the last 12 months. Over the past 10 years, Black Hills Corporation had an annualized return of 5.06%, while the S&P 500 had an annualized return of 11.39%, indicating that Black Hills Corporation did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date21.31%25.48%
1 month4.48%2.14%
6 months13.62%12.76%
1 year29.52%33.14%
5 years (annualized)0.01%13.96%
10 years (annualized)5.06%11.39%

Monthly Returns

The table below presents the monthly returns of BKH, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-4.06%1.81%4.94%0.55%4.01%-3.67%8.59%1.26%3.38%-3.16%21.31%
20232.90%-14.32%2.75%3.47%-5.73%-1.13%0.12%-7.81%-8.02%-4.43%7.99%4.57%-19.95%
2022-4.01%4.25%10.04%-4.91%5.49%-5.07%6.09%-1.48%-10.27%-3.48%10.60%-1.80%3.08%
2021-3.79%0.99%12.86%3.31%-3.82%-0.24%3.08%4.78%-10.76%5.77%-2.53%10.06%18.86%
20205.72%-12.49%-11.32%-3.26%0.58%-8.18%2.12%-2.18%-4.62%5.93%8.33%1.02%-19.05%
20198.14%5.31%4.35%-1.77%5.43%2.59%1.25%-2.44%0.03%2.74%-2.18%2.57%28.60%
2018-7.59%-7.73%6.91%4.38%3.48%5.24%-2.03%-1.10%-1.29%2.43%12.17%-5.18%7.98%
20171.97%4.48%2.45%2.33%2.90%-2.98%3.25%1.68%-2.15%-5.24%-9.61%2.73%0.81%
20166.14%14.56%7.36%0.77%0.62%4.13%0.02%-6.53%4.63%1.03%-4.32%4.41%36.04%
2015-5.43%2.15%-0.77%-2.28%-2.23%-8.64%-4.56%-3.59%3.92%10.74%-5.39%8.18%-9.31%
20144.42%4.17%1.66%0.17%0.56%6.45%-14.14%2.71%-10.89%14.31%-0.62%-1.80%3.94%
201311.03%4.03%5.89%6.47%2.02%2.70%8.82%-8.82%3.83%1.72%-0.15%4.46%49.13%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of BKH is 82, placing it in the top 18% of stocks on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of BKH is 8282
Combined Rank
The Sharpe Ratio Rank of BKH is 8585Sharpe Ratio Rank
The Sortino Ratio Rank of BKH is 8383Sortino Ratio Rank
The Omega Ratio Rank of BKH is 8080Omega Ratio Rank
The Calmar Ratio Rank of BKH is 7676Calmar Ratio Rank
The Martin Ratio Rank of BKH is 8585Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Black Hills Corporation (BKH) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


BKH
Sharpe ratio
The chart of Sharpe ratio for BKH, currently valued at 1.75, compared to the broader market-4.00-2.000.002.004.001.75
Sortino ratio
The chart of Sortino ratio for BKH, currently valued at 2.58, compared to the broader market-4.00-2.000.002.004.006.002.58
Omega ratio
The chart of Omega ratio for BKH, currently valued at 1.32, compared to the broader market0.501.001.502.001.32
Calmar ratio
The chart of Calmar ratio for BKH, currently valued at 1.09, compared to the broader market0.002.004.006.001.09
Martin ratio
The chart of Martin ratio for BKH, currently valued at 8.76, compared to the broader market0.0010.0020.0030.008.76
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.91, compared to the broader market-4.00-2.000.002.004.002.91
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.88, compared to the broader market-4.00-2.000.002.004.006.003.88
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.55, compared to the broader market0.501.001.502.001.55
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 4.20, compared to the broader market0.002.004.006.004.20
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 18.80, compared to the broader market0.0010.0020.0030.0018.80

Sharpe Ratio

The current Black Hills Corporation Sharpe ratio is 1.75. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Black Hills Corporation with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
1.75
2.91
BKH (Black Hills Corporation)
Benchmark (^GSPC)

Dividends

Dividend History

Black Hills Corporation provided a 4.08% dividend yield over the last twelve months, with an annual payout of $2.58 per share. The company has been increasing its dividends for 33 consecutive years, earning it the status of a dividend aristocrat.


3.00%3.50%4.00%4.50%$0.00$0.50$1.00$1.50$2.00$2.5020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$2.58$2.50$2.41$2.29$2.17$2.05$1.93$1.81$1.68$1.62$1.56$1.52

Dividend yield

4.08%4.63%3.43%3.25%3.53%2.61%3.07%3.01%2.74%3.49%2.94%2.89%

Monthly Dividends

The table displays the monthly dividend distributions for Black Hills Corporation. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.65$0.00$0.00$0.65$0.00$0.00$0.65$0.00$0.00$0.00$1.95
2023$0.00$0.63$0.00$0.00$0.63$0.00$0.00$0.63$0.00$0.00$0.63$0.00$2.50
2022$0.00$0.60$0.00$0.00$0.60$0.00$0.00$0.60$0.00$0.00$0.63$0.00$2.41
2021$0.00$0.57$0.00$0.00$0.57$0.00$0.00$0.57$0.00$0.00$0.60$0.00$2.29
2020$0.00$0.54$0.00$0.00$0.54$0.00$0.00$0.54$0.00$0.00$0.57$0.00$2.17
2019$0.00$0.51$0.00$0.00$0.51$0.00$0.00$0.51$0.00$0.00$0.54$0.00$2.05
2018$0.00$0.48$0.00$0.00$0.48$0.00$0.00$0.48$0.00$0.00$0.51$0.00$1.93
2017$0.00$0.45$0.00$0.00$0.45$0.00$0.00$0.45$0.00$0.00$0.48$0.00$1.81
2016$0.00$0.42$0.00$0.00$0.42$0.00$0.00$0.42$0.00$0.00$0.42$0.00$1.68
2015$0.00$0.41$0.00$0.00$0.41$0.00$0.00$0.41$0.00$0.00$0.41$0.00$1.62
2014$0.00$0.39$0.00$0.00$0.39$0.00$0.00$0.39$0.00$0.00$0.39$0.00$1.56
2013$0.38$0.00$0.00$0.38$0.00$0.00$0.38$0.00$0.00$0.38$0.00$1.52

Dividend Yield & Payout


Dividend Yield
5.0%10.0%15.0%4.1%
Black Hills Corporation has a dividend yield of 4.08%, which is quite average when compared to the overall market.
Payout Ratio
200.0%400.0%600.0%69.9%
Black Hills Corporation has a payout ratio of 69.89%, which is quite average when compared to the overall market. This suggests that Black Hills Corporation strikes a balance between reinvesting profits for growth and paying dividends to shareholders.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-12.91%
-0.27%
BKH (Black Hills Corporation)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Black Hills Corporation. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Black Hills Corporation was 65.73%, occurring on Mar 9, 2009. Recovery took 895 trading sessions.

The current Black Hills Corporation drawdown is 12.91%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-65.73%May 25, 20011956Mar 9, 2009895Sep 24, 20122851
-40.45%Feb 19, 202021Mar 18, 2020527Apr 20, 2022548
-37.45%May 8, 1992546Jul 6, 1994420Mar 4, 1996966
-36.98%Aug 22, 2022280Oct 2, 2023
-36.73%Jul 1, 2014303Sep 11, 2015123Mar 9, 2016426

Volatility

Volatility Chart

The current Black Hills Corporation volatility is 6.88%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JuneJulyAugustSeptemberOctoberNovember
6.88%
3.75%
BKH (Black Hills Corporation)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of Black Hills Corporation over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

Annual
Quarterly

0.0

Valuation

The Valuation section provides an assessment of the market value of Black Hills Corporation compared to its peers in the Utilities - Diversified industry.


PE Ratio
10.020.030.040.050.016.9
The chart displays the price to earnings (P/E) ratio for BKH in comparison to other companies of the Utilities - Diversified industry. Currently, BKH has a PE value of 16.9. This PE ratio falls in the average range for the industry.
PEG Ratio
2.04.06.08.010.03.3
The chart displays the price to earnings to growth (PEG) ratio for BKH in comparison to other companies of the Utilities - Diversified industry. Currently, BKH has a PEG value of 3.3. This PEG ratio is much higher than those of other companies of the industry. This might be an indicator of the company being overvalued.

Historical P/E Ratio Chart

The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Black Hills Corporation.


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Income Statement


Income Statement
Balance Sheet
Cash Flow
Annual
Quarterly

TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items