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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
10/15/2026: BKH (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Black Hills Corporation is a diversified, regulated energy utility that provides essential electric and natural gas services across eight U.S. states. The company benefits from a stable, rate-regulated business model that historically supports consistent dividend payments, making it a suitable candidate for income-focused investors. Its primary growth strategy centers on long-term infrastructure and grid modernization investments within its established service territories. However, the firm faces risks regarding high capital expenditure requirements, sensitivity to interest rate fluctuations, and regulatory cost-recovery delays. Investors should monitor the company's regulatory filings, regional economic health, and interest rate trends as key developments impacting future performance and dividend sustainability.
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 | Utility stocks typically offer lower growth compared to the broader market. |
| Momentum investor | Weak fit | Utility performance is generally slow-moving and driven by long-term cycles rather than short-term price momentum. |
| Value investor | Mixed fit | The stock valuation is often tied to regulated rate base metrics and interest rate environments. |
| Dividend investor | Strong fit | The company is historically focused on providing consistent dividend income to shareholders. |
| Low-risk investor | Strong fit | Regulated utilities offer lower volatility compared to high-growth sectors. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | Low | Regulated earnings models typically insulate the stock from sharp market swings. |
| Valuation risk | Medium | Changes in interest rates can significantly impact the valuation of utility stocks. |
| Competition risk (Regulatory environment) | Medium | The primary competitive landscape is determined by regulatory commissions rather than market share battles. |
| Business quality | Strong | The regulated utility franchise offers durable and reliable long-term cash flow. |
| Dividend income | Strong | The company has a consistent history of dividend payments. |
| Execution risk | Medium | Timely recovery of capital expenditures through regulatory rate filings is essential. |
Price Behavior
Flat / Range-Bound
The stock price has been trading within a narrow range with minimal directional movement.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type Stock | Historic Profit -18.73% | Avg. Invested days 40 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Advisory Rating  | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/15/2026 |
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
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 5.83B USD | Price to earnings Ratio 19.25 | 1Y Target Price 84.5 |
Price to earnings Ratio 19.25 | 1Y Target Price 84.5 | ||
Volume (30-day avg) 1.3M shares | Beta 0.66 | 52 Weeks Range 59.77 - 78.00 | Updated Date 10/14/2026 |
52 Weeks Range 59.77 - 78.00 | Updated Date 10/14/2026 | ||
Dividends yield (FY) 3.57% | Basic EPS (TTM) 3.97 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Electric Utilities | Generation, transmission, and distribution of electricity. | The company earns money by charging customers for reliable electricity service. |
| Gas Utilities | Distribution and transmission of natural gas. | The company earns money by delivering natural gas for heating and industrial use. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Valuation
Trailing PE 19.25 | Forward PE 15.04 | Enterprise Value 9.80B | Price to Sales(TTM) 2.53 |
Enterprise Value 9.80B | Price to Sales(TTM) 2.53 | ||
Enterprise Value to Revenue 4.26 | Enterprise Value to EBITDA 11.42 | Shares Outstanding 76.25M | Shares Floating 75.88M |
Shares Outstanding 76.25M | Shares Floating 75.88M | ||
Percent Insiders 0.48 | Percent Institutions 104.42 |
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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