RBC Capital analyst Shelby Tucker maintained a Buy rating on Black Hills (NYSE:BKH) Corp. on Friday, setting a price target of $73, which is approximately 10.54% above the present share price of $66.04.
Tucker expects Black Hills Corp . to post earnings per share (EPS) of $1.54 for the second quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Moderate Buy rating of shares in Black Hills, with an average price target of $72.2.
The analysts price targets range from a high of $78 to a low of $60.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $633.43 million and a net profit of $138.32 million. The company's market cap is $4.15 billion.
According to TipRanks.com, RBC Capital analyst Shelby Tucker is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 8.5% and a 68.35% success rate.
Black Hills Corp. is a diversified energy company. It operates through the following business segments: Electric Utilities, Gas Utilities, Power Generation, Mining, and Corporate and Other. The Electric Utilities segment generates, transmits, and distributes electricity in South Dakota, Wyoming, Colorado, and Montana. The Gas Utilities segment conducts natural gas utility operations through the Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming subsidiaries. The Power Generation segment produces electric power from its generating plants and sells the electric capacity and energy. The Mining segment comprises of the production and sale of coal to site, mine-mouth power generation facilities. The Corporate and Other segment covers unallocated corporate expenses that support its operating segments. The company was founded in 1883 and is headquartered in Rapid City, SD.