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Upturn AI Summary - About
Black Hills Corporation(BKH)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for BKH
11/13/2026: BKH (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Black Hills Corporation is a regulated utility company providing essential electric and natural gas services across eight U.S. states. The stock is best suited for income-focused investors who value stability, as the company's business model relies on regulated rates that provide predictable, long-term cash flows. Its primary growth story revolves around consistent infrastructure investment and regional expansion. Key risks include regulatory challenges, rising costs of capital, and weather-driven demand fluctuations. Investors should monitor ongoing rate case outcomes and the execution of the company's multi-year capital expenditure plan. Black Hills maintains a solid reputation as a reliable dividend payer within the utility sector.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | As a regulated utility, BKH offers steady, slow growth rather than high-octane capital appreciation. |
| Momentum investor | Weak fit | Utility stocks typically exhibit low beta and low momentum, making them unsuitable for momentum strategies. |
| Value investor | Mixed fit | BKH can appeal to value investors if rate case outcomes provide upside potential relative to the stock price. |
| Dividend investor | Strong fit | The company provides a reliable dividend stream typical of the regulated utility sector. |
| Low-risk investor | Strong fit | Regulated utilities are generally considered lower-risk assets due to stable, authorized revenue streams. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Low | Utilities are traditionally defensive stocks with lower sensitivity to broader market fluctuations. |
| Valuation risk | Medium | Utility valuations are sensitive to interest rate environments, which can compress multiples. |
| Competition risk (regional utility competition) | Low | Regulated franchises create natural monopolies, largely shielding the company from direct retail competition. |
| Business quality | Strong | The regulated, essential nature of electricity and gas services provides a high-quality, durable business model. |
| Dividend income | Medium | Dividends are reliable but typically grow at a measured, conservative pace. |
| Execution risk | Medium | Successful management of large-scale infrastructure projects and complex regulatory proceedings is critical. |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 6.63B USD | Price to earnings Ratio 21.04 | 1Y Target Price 90.64 |
Price to earnings Ratio 21.04 | 1Y Target Price 90.64 | ||
Volume (30-day avg) 1.5M shares | Beta 0.62 | 52 Weeks Range 65.36 - 88.37 | Updated Date 11/13/2026 |
52 Weeks Range 65.36 - 88.37 | Updated Date 11/13/2026 | ||
Dividends yield (FY) 3.18% | Basic EPS (TTM) 4.12 |
Sector & Industry Intelligence
Sector
Utilities
Caution- Sentiment
- Bullish
- Momentum
- BUY Breadth Lower
- BUY participation
- 60.0%
- Active BUY / eligible
- 6 / 10
- 30-Day BUY Count Change
- 0
- Market state
- Bullish
Qualifying BUY stocks have fallen well below recent levels and have not recovered.
Industry
Industry classification is unavailable for this snapshot.
Sector signal summarizes BUY breadth conditions for the sector. It does not override this stock’s BUY, SELL, or PASS advisory.
Price Behavior
Steady Uptrend
The stock demonstrates consistent and steady upward price momentum.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit -3.77% | Avg. Invested days 42 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 11/13/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Electric Utilities | Generating, transmitting, and distributing electricity to customers. | Steady income earned by providing an essential service in protected service areas. |
| Gas Utilities | Transporting and distributing natural gas to residential and commercial users. | Reliable revenue streams based on infrastructure delivery of heating and fuel. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date 2026-11-04 | When After Market | Estimate 0.42 | Actual 0.57 |
Profitability
Profit Margin 13.5% | Operating Margin (TTM) 24.14% |
Management Effectiveness
Return on Assets (TTM) 3.28% | Return on Equity (TTM) 8.27% |
Valuation
Trailing PE 21.04 | Forward PE 18.38 | Enterprise Value 11.15B | Price to Sales(TTM) 2.84 |
Enterprise Value 11.15B | Price to Sales(TTM) 2.84 | ||
Enterprise Value to Revenue 4.77 | Enterprise Value to EBITDA 12.62 | Shares Outstanding 76.52M | Shares Floating 76.15M |
Shares Outstanding 76.52M | Shares Floating 76.15M | ||
Percent Insiders 0.48 | Percent Institutions 105.89 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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