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 $54.37, up 0.09% from the previous day, and has decreased 16.55% in one year. It has underperformed other stocks in the Utilities - Diversified industry by 0.06 percentage points. Black Hills stock is currently +17.1% from its 52-week low of $46.43, and -18.67% from its 52-week high of $66.85.
As of Apr 23, 2024, there are 68.2M BKH shares outstanding. The market cap of BKH is $3.71B. In the last 24 hours, 330,586 BKH shares were traded.
How to Buy Black Hills Stock
Wondering how to invest in Black Hills stock? Here's how.
- 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.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Select your payment method and add your details.
- 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).
- 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.
- 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.
Our preferred brokerage: eToro
In our opinion, eToro is the best stock brokerage. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
- Access to global financial markets: From Tech to Financial Services, New York to Hong Kong — you can fill your portfolio with stocks from the globe's leading exchanges.
- Social investing: eToro offers a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by signing up for an account with eToro now.
Open eToro AccountStep 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
- 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.
- Enter your personal info to open a new brokerage account.
- Send your data by hitting the "Create Account" button. Get started with eToro today
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.
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 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 13.91x, relative to Utilities - Diversified industry P/E ratio of 42.24x
- BKH may be undervalued based on its P/B ratio of 1.15x, relative to Utilities - Diversified industry P/B ratio of 1.59x
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
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 7.85%.
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 10.53%.
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 4.64%, compared to the Utilities - Diversified industry's average dividend yield of 4.56%. If you owned $1,000 of BKH stock, you would have been paid $46.44 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:
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:
- Choose where to buy Black Hills stock
- Create a brokerage account
- Deposit money your brokerage account
- Evaluate Black Hills stock
- Make your BKH buy order
- Get notifications regarding your BKH investment
If you are looking for a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Black Hills, create a watchlist today.
Related Articles
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation 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.