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How to Buy Black Hills Stock

Black Hills Corp

Black Hills is a diversified utility company located in South Dakota, United States, which is part of the Utilities sector, and is traded under the ticker BKH on the NYSE exchange.

Black Hills stock last closed at $51.90, down 0.97% from the previous day, and has decreased 15.49% in one year. It has underperformed other stocks in the Utilities - Diversified industry by 0.07 percentage points. Black Hills stock is currently +11.78% from its 52-week low of $46.43, and -22.36% from its 52-week high of $66.85.

As of Feb 28, 2024, there are 68.2M BKH shares outstanding. The market cap of BKH is $3.54B. In the last 24 hours, 508,957 BKH shares were traded.

How to Buy Black Hills Stock

Wondering how to invest in Black Hills stock? Here's how.
  1. Choose where to buy Black Hills stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Black Hills stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Select your payment method and add your details.
  4. Evaluate Black Hills stock: The Black Hills ticker symbol is BKH. Is Black Hills stock a good investment? Should you buy shares of BKH? How do BKH's underlying business fundamentals look? Do top analysts think Black Hills is a good buy? Why has BKH's stock price moved recently? (Hint: Our stock market research tools can help you figure out if BKH is a good stock to buy).
  5. Make your BKH buy order: Decide if you will purchase BKH shares at the current market price or use a limit order to purchase BKH stock at a given price.
  6. Get notifications regarding your BKH investment: Create a watchlist to key updates about your new investment in Black Hills stock.

Step 1: Choose where to buy Black Hills stock

You will need an online brokerage account to access the NYSE market and buy BKH stock.

A brokerage account allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

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Get $10 towards your share purchase by signing up for an account with eToro now.

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Step 2: Create a brokerage account

Now that you've selected the best brokerage, you need to fill out some personal info so you are able to invest in BKH today.

How to Start a New Investment Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Enter your personal info to open a new brokerage account.
  1. Send your data by hitting the "Create Account" button.
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Step 3: Deposit money your brokerage account

Now that you have created your account on app for stock market, you need to deposit funds:

Check out the tutorial below to see the process of transferring funds into your new brokerage account.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Evaluate Black Hills stock

Once you have figured out the best place to buy Black Hills stock, it's absolutely critical to evaluate their stock before you invest, so you actually wrap your head around the risk as well as the opportunity.

Black Hills shares at a glance

BKH Price
$51.90
1w %
-1.93%
1y %
-15.49%
5y %
-26.88%
P/E
13.27x
P/B
1.1x
P/S
1.49x
PEG
N/A
Revenue
$2.33B
Earnings
$262.20M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$3.54B
Next Earnings
N/A
Next Dividend
Mar 1, 2024

BKH Zen Score

WallStreetZen was designed to help average investors do better fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on BKH's stock page.

Is BKH stock properly valued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge BKH's intrinsic value.

Using relative valuations measures:

  • BKH may be undervalued based on its P/E ratio of 13.27x, relative to Utilities - Diversified industry P/E ratio of 27.46x
  • BKH may be undervalued based on its P/B ratio of 1.1x, relative to Utilities - Diversified industry P/B ratio of 1.54x

You can access more valuation analysis on BKH's stock here.

BKH Financial Health Summary

Passed Health Checks:

  • BKH's operating cash flow of $944.40M allows it to safely service it's debt of $4.40B.
  • BKH profit margin has gone up from 10.1% to 11.2% in the past year.
  • Total BKH debt is lower than 5 years ago, relative to shareholder equity.

Failed Health Checks:

  • There are more short-term liabilities than short-term assets on the BKH balance sheet.
  • There are more long-term liabilities than short-term assets on the BKH balance sheet.
  • BKH earnings of $467.80M is not enough to cover its interest payments.
  • BKH has a relatively high debt to equity ratio of 1.96.

Is Black Hills stock a Buy, Hold, or Sell, according to analysts?

Out of 4 Equities analysts who give forecasts on BKH, the consensus analyst rating on BKH is a Hold

Please note that analyst forecasts are not recommendations, nor are they financial advice.

You can dig deeper into what analysts are saying on the Black Hills stock forecast page.

BKH Momentum

SMA10
52.15
SMA20
51.64
SMA50
52.63
SMA100
51.75
SMA200
55.02
MACD
0.02
MACD Signal
-0.09
MACD Histogram
0.11
RSI
49.62
Stochastic %K
71.32
Stochastic %D
73.56
StochRSI %K
59.82
StochRSI %D
69.24

BKH Growth Metrics

Last year, BKH earnings were $262.20M. In the past five year, BKH's earnings have increased by -3.82% per year. This was slower than the Utilities - Diversified industry average of 9.07%.

Last year, BKH revenue was $2.33B. During the last 5 year, BKH's revenue has gone up by 5.85% per year. This was slower than the Utilities - Diversified industry average of 11.29%.

You can research BKH's earnings and revenue performance here.

Latest Insiders Trades at BKH

In the last year, insiders at BKH have bought more shares than they have sold.

Keller D. Erik, Sr VP Chief Info Officer of BKH, was the latest BKH insider to sell. They sold $7,870.18 worth of BKH stock on Feb 12, 2024.

Research more about who owns BKH stock here.

Does BKH provide a stable income stream?

Black Hills pays a dividend of 4.87%, compared to the Utilities - Diversified industry's average dividend yield of 4.91%. If you owned $1,000 of BKH stock, you would have been paid $48.65 in the past 12 months.

Black Hills dividend payments have consistently grown over the past decade and have remained stable.

Find more analysis about Black Hills dividend yield and history here.

What do other traders have to say about BKH?

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Make your BKH buy order

You have two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are generally sufficient.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a specific dollar amount, use a limit order.

Press the Open Trade button and eToro will place the order.

If you require more help with investing in stocks on eToro, watch the helpful video below:

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Step 6: Get notifications regarding your BKH investment

Now that you own some shares in BKH, you'll want to keep up with your stock purchase.

Put BKH on a watchlist to get notified of important updates regarding your BKH stock.

BKH Feed

How to Buy Stock in Black Hills

To summarize, here are the 6 steps to buy stock in Black Hills:

  1. Choose where to buy Black Hills stock
  2. Create a brokerage account
  3. Deposit money your brokerage account
  4. Evaluate Black Hills stock
  5. Make your BKH buy order
  6. Get notifications regarding your BKH investment

If you are looking for a online brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest scoop on your investment in Black Hills, create a watchlist today.

NYSE: BKH
$51.90-0.51 (-0.97%)
Updated Feb 28, 2024
Open eToro Account
NYSE: BKH
$51.90-0.51 (-0.97%)
Updated Feb 28, 2024
Open eToro Account

FAQ

How much does it cost to buy one Black Hills share?

As of Feb 28, 2024, it costs $51.90 to buy one share of Black Hills stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.193 shares of BKH.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Black Hills stock?

According to 4 Wall Street analysts who monitor Black Hills, their consensus recommendation is to hold Black Hills stock.

What is the best way to buy Black Hills stock?

One way to place an order for Black Hills stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.