Black Hills Corporation (BKH) Receives Daily Media Sentiment Rating of 0.06
News articles about Black Hills Corporation (NYSE:BKH) have been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Black Hills Corporation earned a coverage optimism score of 0.06 on Accern’s scale. Accern also assigned news headlines about the utilities provider an impact score of 46.0844418337424 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news headlines that may have impacted Accern Sentiment’s analysis:
- Black Hills Corp. :BKH-US: Earnings Analysis: Q2, 2017 By the Numbers : August 28, 2017 (finance.yahoo.com)
- Black Hills Corporation (BKH) Expected to Announce Earnings of $0.57 Per Share (americanbankingnews.com)
- Head to Head Review: Black Hills Corporation (BKH) vs. National Grid Transco, PLC (NGG) (americanbankingnews.com)
- Black Hills (BKH) Presents At CFA Society of Minnesota 6th Annual Intellisight Conference – Slideshow (seekingalpha.com)
- Zacks Investment Research Lowers Black Hills Corporation (BKH) to Sell (americanbankingnews.com)
BKH has been the subject of several recent research reports. BMO Capital Markets boosted their price target on Black Hills Corporation from $67.00 to $74.00 and gave the company an “outperform” rating in a research note on Friday, May 5th. Singular Research boosted their price target on Black Hills Corporation from $68.00 to $75.00 and gave the company a “buy” rating in a research note on Wednesday, May 10th. Williams Capital boosted their price target on Black Hills Corporation from $68.00 to $76.00 and gave the company a “buy” rating in a research note on Monday, June 19th. BidaskClub downgraded Black Hills Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, June 29th. Finally, Royal Bank Of Canada restated a “buy” rating and issued a $70.00 price target on shares of Black Hills Corporation in a research note on Friday, June 30th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $72.50.
Shares of Black Hills Corporation (BKH) opened at 70.59 on Tuesday. Black Hills Corporation has a 52-week low of $54.76 and a 52-week high of $72.02. The stock’s 50 day moving average price is $69.42 and its 200-day moving average price is $67.74. The company has a market capitalization of $3.77 billion, a P/E ratio of 29.47 and a beta of 0.82.
Black Hills Corporation (NYSE:BKH) last released its quarterly earnings data on Thursday, August 3rd. The utilities provider reported $0.41 EPS for the quarter, missing the consensus estimate of $0.51 by $0.10. Black Hills Corporation had a net margin of 7.71% and a return on equity of 10.48%. The company had revenue of $348 million for the quarter, compared to the consensus estimate of $356.85 million. During the same period last year, the company earned $0.39 EPS. The firm’s revenue for the quarter was up 6.9% on a year-over-year basis. On average, equities analysts expect that Black Hills Corporation will post $3.57 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Friday, August 18th will be issued a dividend of $0.445 per share. This represents a $1.78 annualized dividend and a dividend yield of 2.52%. The ex-dividend date is Wednesday, August 16th. Black Hills Corporation’s dividend payout ratio (DPR) is presently 74.79%.
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About Black Hills Corporation
Black Hills Corporation is a holding company. The Company is an integrated energy company, which is focused primarily on regulated utilities. The Company operates through segments, including Electric Utilities, Gas Utilities, Power Generation, Mining, Oil and Gas, and Corporate. As of December 31, 2016, the Electric Utilities segment generated, transmitted and distributed electricity to approximately 208,500 customers in South Dakota, Wyoming, Colorado and Montana.
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