Black Stock Analysis


USD 70.36  0.70  1.00%   

Black Hills price drop over the last few months could raise concerns from stockholders as the firm is trading at a share price of 70.36 on 335,103 in volume. The company directors and management were not very successful in positioning the firm resources to exploit market volatility in November. However, diversifying your holdings with Black Hills or similar stocks can still protect your portfolio during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 1.87. The below-average Stock volatility is a good sign for longer-term investment options and for buy-and-hold investors.
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The Black Hills stock analysis report makes it easy to digest most publicly released information about Black Hills and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Black Stock analysis module also helps to analyze the Black Hills price relationship with some important fundamental indicators such as market cap and management efficiency.

Black Stock Analysis Notes

About 92.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.6. Some equities with similar Price to Book (P/B) outperform the market in the long run. Black Hills last dividend was issued on the 16th of November 2022. The entity had 3:2 split on the 11th of March 1998. Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. The company was incorporated in 1941 and is headquartered in Rapid City, South Dakota. Black Hills operates under UtilitiesDiversified classification in the United States and is traded on New York Stock Exchange. It employs 2884 people. For more info on Black Hills please contact Linden Evans at 605 721 1700 or go to

Black Hills Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Black Hills' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Black Hills or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Black Hills generated a negative expected return over the last 90 days
The company has 4.13 B in debt with debt to equity (D/E) ratio of 1.5, which is OK given its current industry classification. Black Hills has a current ratio of 0.95, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Black Hills until it has trouble settling it off, either with new capital or with free cash flow. So, Black Hills' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Black Hills sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Black to invest in growth at high rates of return. When we think about Black Hills' use of debt, we should always consider it together with cash and equity.
Black Hills has about 8.92 M in cash with (64.56 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.16.
Over 92.0% of Black Hills shares are held by institutions such as insurance companies
On 1st of December 2022 Black Hills paid $ 0.625 per share dividend to its current shareholders
Latest headline from BH Roundup wins rodeo of the year again - Black Hills Pioneer

Black Hills Upcoming and Recent Events

Earnings reports are used by Black Hills to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Black Hills previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report8th of February 2022
Next Financial Report3rd of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End8th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Black Hills SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Black Hills prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Black Hills investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Black Hills specific information freely available to individual and institutional investors to make a timely investment decision.
3rd of August 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
11th of July 2022
Unclassified Corporate Event
4th of May 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
28th of April 2022
Submission of Matters to a Vote of Security Holders

Black Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 4.56 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Black Hills's market, we take the total number of its shares issued and multiply it by Black Hills's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Black Profitablity

Black Hills' profitability indicators refer to fundamental financial ratios that showcase Black Hills' ability to generate income relative to its revenue or operating costs. If, let's say, Black Hills is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Black Hills' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Black Hills' profitability requires more research than a typical breakdown of Black Hills' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.11 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.19 %, which entails that for every 100 dollars of revenue, it generated 0.0 of operating income.
Last ReportedProjected for 2022
Return on Investment 5.99  7.27 
Return on Average Assets 2.75  2.39 
Return on Average Equity 8.85  7.79 
Return on Invested Capital 0.036  0.0389 
Return on Sales 0.20  0.22 

Management Efficiency

The entity has Return on Asset of 0.0301 % which means that on every $100 spent on asset, it made $0.0301 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of 0.093 %, implying that it generated $0.093 on every 100 dollars invested. Black Hills management efficiency ratios could be used to measure how well black hills manages its routine affairs as well as how well it operates its assets and liabilities. Black Hills Return on Sales is most likely to increase slightly in the upcoming years. The last year's value of Return on Sales was reported at 0.20. Black Hills Asset Turnover is most likely to slightly decrease in the upcoming years. The last year's value of Asset Turnover was reported at 0.23
Last ReportedProjected for 2022
Book Value per Share 44.09  43.08 
Enterprise Value over EBIT 22.00  22.21 
Enterprise Value over EBITDA 14.11  14.07 
Price to Book Value 1.62  1.81 
Tangible Assets Book Value per Share 123.72  121.57 
Enterprise Value8.9 BB
Tangible Asset Value7.8 B7.1 B

Technical Drivers

As of the 9th of December, Black Hills shows the mean deviation of 1.48, and Risk Adjusted Performance of (0.09). Black Hills technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to collect data for nineteen technical drivers for Black Hills, which can be compared to its rivals. Please confirm Black Hills jensen alpha, semi variance, and the relationship between the standard deviation and value at risk to decide if Black Hills is priced correctly, providing market reflects its regular price of 70.36 per share. Given that Black Hills has jensen alpha of (0.18), we suggest you to validate Black Hills's prevailing market performance to make sure the company can sustain itself at a future point.

Black Hills Price Movement Analysis

Execute Study
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Black Hills middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Black Hills. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Black Hills Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Black Hills insiders, such as employees or executives, is commonly permitted as long as it does not rely on Black Hills' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Black Hills insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Black Hills Outstanding Bonds

Black Hills issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Black Hills uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Black bonds can be classified according to their maturity, which is the date when Black Hills has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Black Hills Technical and Predictive Indicators

Black Hills Forecast Models

Black Hills time-series forecasting models is one of many Black Hills' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Black Hills' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Black Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Black Hills prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Black shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Black Hills. By using and applying Black Stock analysis, traders can create a robust methodology for identifying Black entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin 21.01  18.75 
EBITDA Margin 33.54  30.38 
Gross Margin 36.20  34.05 
Profit Margin 12.15  9.86 

Current Black Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Black analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Black analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
Black Hills current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Black analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Black stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Black Hills, talking to its executives and customers, or listening to Black conference calls.
Black Analyst Advice Details

Black Stock Analysis Indicators

Black Hills stock analysis indicators help investors evaluate how Black Hills stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Black Hills shares will generate the highest return on investment. By understating and applying Black Hills stock analysis, traders can identify Black Hills position entry and exit signals to maximize returns.
Begin Period Cash Flow10739000.00
Logo U R LimglogosUSBKH.png
Common Stock Shares Outstanding62439000.00
Total Stockholder Equity2787094000.00
DescriptionBlack Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. It operates in two segments, Electric Utilities and Gas Utili
Total Cashflows From Investing Activities-664230000.00
Tax Provision7200000.00
Quarterly Earnings Growth Y O Y-0.226
Property Plant And Equipment Net6449176000.00
Retained Earnings962458000.00
Cash And Short Term Investments8921000.00
Retained Earnings Total Equity962458000.00
Accounts Payable217761000.00
Net Debt4538182000.00
50 Day M A66.5142
Total Current Liabilities901713000.00
Currency CodeUSD
Other Operating Expenses1539673000.00
Non Current Assets Total8323763000.00
Forward Price Earnings16.9492
Common Stock Total Equity64793000.00
Non Currrent Assets Other564363000.00
Continue to Trending Equities. You can also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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When running Black Hills price analysis, check to measure Black Hills' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Black Hills is operating at the current time. Most of Black Hills' value examination focuses on studying past and present price action to predict the probability of Black Hills' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Black Hills' price. Additionally, you may evaluate how the addition of Black Hills to your portfolios can decrease your overall portfolio volatility.
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Is Black Hills' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Black Hills. If investors know Black will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Black Hills listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Black Hills is measured differently than its book value, which is the value of Black that is recorded on the company's balance sheet. Investors also form their own opinion of Black Hills' value that differs from its market value or its book value, called intrinsic value, which is Black Hills' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Black Hills' market value can be influenced by many factors that don't directly affect Black Hills' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Black Hills' value and its price as these two are different measures arrived at by different means. Investors typically determine Black Hills value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Black Hills' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.