Black Hills Corporation (BKH) Stock Analysis
Range Bound setup
Utilities · Utilities - Regulated Gas
Sell if holding. Engine safety override at $73.98: Quality below floor (4.0 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.4/10. Specifically: High short interest: 17%; Below-average business quality.
Black Hills Corporation is a regulated utility serving ~227,000 electric customers in CO, MT, SD, WY and ~1,138,000 gas customers in AR, CO, IA, KS, NE, WY through Electric and Gas Utilities segments. It owns 1,386 MW of generation and operates under cost-of-service regulation... Read more
Sell if holding. Engine safety override at $73.98: Quality below floor (4.0 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.4/10. Specifically: High short interest: 17%; Below-average business quality. Chart setup: RSI 47 mid-range, Bollinger mid-band. Score 4.4/10, moderate confidence.
Passes 6/8 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 71d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: moderate.
Recent Developments — Black Hills Corporation
Latest news
- Black Hills: Plug Your Portfolio Into Strong Utility Returns (NYSE:BKH) - Seeking Alpha — Seeking Alpha positive
- Black Hills (BKH) Expected to Announce Earnings on Wednesday - MarketBeat — MarketBeat neutral
- Black Hills (BKH) Announces Quarterly Dividend of $0.703 - GuruFocus — GuruFocus neutral
- BMO Capital Highlights Hyperscaler Opportunity for Black Hills (BKH) - Insider Monkey — Insider Monkey positive
- BMO Capital Highlights Hyperscaler Opportunity for Black Hills (BKH) - Yahoo Finance — Yahoo Finance positive
Generated 2026-05-20T20:21:21Z.
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- MEDIUMCommodityNatural Gas29%10-K Item 1: 'Natural Gas | | 29.3 | % | | 29.4 | % | | 26.4 | %'
- MEDIUMCommodityCoal26%10-K Item 1: 'Coal | | 25.5 | % | | 32.5 | % | | 35.0 | %'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
1 floor-breaker
Revenue shrinking — -3.0% YoY. Growth thesis broken unless recovery story develops.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $73.98: Quality below floor (4.0 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.4/10. Specifically: High short interest: 17%; Below-average business quality. Chart setup: RSI 47 mid-range, Bollinger mid-band. Prior stop was $70.48. Score 4.4/10, moderate confidence.
Take-profit target: $74.39 (+0.6% upside). Prior stop was $70.48. Stop-loss: $70.48.
Target reached (-2.4% upside); Quality below floor (4.0 < 4.0).
Black Hills Corporation trades at a P/E of 19.3 (forward 16.0). TrendMatrix value score: 5.7/10. Verdict: Sell.
9 analysts cover BKH with a consensus score of 4.1/5. Average price target: $83.
What does Black Hills Corporation do?Black Hills Corporation is a regulated utility serving ~227,000 electric customers in CO, MT, SD, WY and ~1,138,000 gas...
Black Hills Corporation is a regulated utility serving ~227,000 electric customers in CO, MT, SD, WY and ~1,138,000 gas customers in AR, CO, IA, KS, NE, WY through Electric and Gas Utilities segments. It owns 1,386 MW of generation and operates under cost-of-service regulation by FERC and eight state commissions; an all-stock merger with NorthWestern Energy (agreed August 2025) is expected to close in second half of 2026.