Yahoo Finance report covering Black Hills Corporation (BKH) market action, institutional positioning, and fundamental catalysts.
Why BKH Stock advanced +0.61% Today — RQD Quant Desk Flash
Black Hills Corporation (BKH) carries a Roarable Rating of D+ (Sell) with 53/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.
🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief)
Is BKH stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
▼
As of 2026-11-03, Black Hills Corporation (NYSE: BKH) is rated D+ (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 53/100 at a spot price of $82.51 (+0.61% 1D, market cap $6.25B). Pillar breakdown: Fundamental Cash Engine 5/20, Institutional 13F & Options Flow 17/20, SEC Balance-Sheet Forensics 12/20, FRED Macro Regime Fit 10/20, and Executive Insider Alignment 9/20. Across 116 tracked Utilities issuers, BKH ranks #52 in composite RQD confidence.
🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief)
How does BKH compare to TXNM and ENIC in the Utilities sector?
▼
Within the Utilities sector (Electric Utilities: Central), BKH carries a Roarable D+ (53/100 RQD), trailing P/E of 21.3x, gross margin of —, and ROIC of 5.1%. By comparison, TXNM (TXNM Energy Inc.) holds a D+ grade (53/100 RQD, P/E 38.0x, ROIC 4.1%, cap $6.43B) and ENIC (Enel Chile S.A. (Each representing 50 shares of )) posts a D grade (45/100 RQD, P/E N/A, ROIC —, cap $5.71B). Among the 5-stock peer group, POR leads on earnings multiple (12.0x) while POR leads on capital efficiency (6.1% ROIC).
🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief)
What are the biggest fundamental strengths and SEC risk factors for BKH?
▼
Per BKH's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001130464), Black Hills Corporation generated $2.29B in revenue (+9.0% YoY), $291.6M in net income, and -$146.4M in free cash flow against $10.87B in total assets and $4.70B in total debt. Key quantitative strengths: Big institutional funds and options desks are actively positioning on the bullish side. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately. Institutional options positioning shows a 50% call / 50% put premium split.
Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer
20D Institutional Volume Accumulation (±4.1% realized swing band)
Altman Z-Score 1.29 (DISTRESS RISK (<1.8)) • Piotroski F-Score 7/9
Capital intensity & 23.5% operating margin leave 15 pts on the table
⚔️ Adversarial Opposing Case: What Could Spark a BKH Turnaround Squeeze
While BKH currently carries a cautious 53/100 (D+) rating due to Cash Engine Quality (5/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.
Big institutional funds and options desks are actively positioning on the bullish side.
Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($74.54) and Max Pain ($86.64) forces dealer call-delta covering toward $95.17.
Forensic Repair Trigger: Halting share dilution (Disciplined Float (+0.80% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.
Why BKH Stock advanced +0.61% Today — RQD Quant Desk Flash
Black Hills Corporation (BKH) advanced +0.61% to $82.51, trading at 99% of its 52-week range ($62.27 – $82.51). Stretched risk/reward at 21x P/E (5% return on capital) under elevated 10-year interest-rate pressure.
- ▸Technical Tape: Trading at 99% of its 52-week range ($62.27 – $82.51) with RSI-14 at 72.2 (OVERBOUGHT (>70)).
- ▸Volatility Profile: Historical 20-day realized swing band of ±4.1% around $82.51 (no active unusual options sweep snapshot on file).
- ▸Fundamental Anchor: Roarable D+ (Sell) backed by 52% gross margin and $0 annual free cash flow.
The Motley Fool report covering Black Hills Corporation (BKH) market action, institutional positioning, and fundamental catalysts.
Seeking Alpha report covering Black Hills Corporation (BKH) market action, institutional positioning, and fundamental catalysts.
Yahoo Finance UK report covering Black Hills Corporation (BKH) market action, institutional positioning, and fundamental catalysts.
StockInvest.us report covering Black Hills Corporation (BKH) market action, institutional positioning, and fundamental catalysts.
TradingView report covering Black Hills Corporation (BKH) market action, institutional positioning, and fundamental catalysts.
Simply Wall St report covering Black Hills Corporation (BKH) market action, institutional positioning, and fundamental catalysts.
MarketBeat report covering Black Hills Corporation (BKH) market action, institutional positioning, and fundamental catalysts.
When the second Social Security deposit disappears from a widow's bank account, the budget gap arrives fast and the solutions are far from obvious. One specific two-holding portfolio can fill it, but the math behind fund
If you look beyond the biggest names in the business, you'll find smaller players are cashing in on the AI revolution just as well.
Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring BKH)
- ✓Walkthrough of BKH's RQD Radar, SEC cash-conversion gap & downside invalidation levels
- ✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
- ✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks
BKH Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure
Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).
vs. +9.0% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).
No active Ellis Vennor swing setup published on BKH today. View full Setup Ledger →
No direct multi-tier Butterfly edges indexed yet for BKH. Explore sector supply chains on /butterfly.
📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (BKH)
1. Head-to-Head Utilities Peer Comparison (BKH vs. TXNM, ENIC, ORA, POR)
Industry: Electric Utilities: Central (56 Tracked Issuers)Across 116 tracked Utilities securities in the Roarable RQD universe, Black Hills Corporation (BKH) ranks #52 by composite RQD confidence (53/100, grade D+) and #50 by equity capitalization ($6.25B). Within this direct 5-issuer industry benchmark cohort, POR leads on earnings valuation at 12.0x trailing P/E, while POR leads on capital efficiency and profitability with 6.1% ROIC and — gross margin. BKH currently leads its immediate peer cohort in composite quantitative strength at 53/100 (D+).
| Ticker / Company | Roarable Grade | RQD Score | Trailing P/E | Gross Margin | ROIC | 1D Change | Market Cap | Head-to-Head |
|---|---|---|---|---|---|---|---|---|
| BKH
ACTIVE
Black Hills Corporation | D+ | 53/100 | 21.3x | — | 5.1% | +0.61% | $6.25B | Benchmark Subject |
| TXNM TXNM Energy Inc. | D+ | 53/100 | 38.0x | — | 4.1% | +0.55% | $6.43B | /txnm-vs-bkh → |
| ENIC Enel Chile S.A. (Each representing 50 shares of ) | D | 45/100 | — | — | — | +2.66% | $5.71B | /enic-vs-bkh → |
| ORA Ormat Technologies Inc. | E | 31/100 | 44.7x | 27.6% | 3.4% | +2.43% | $5.52B | /ora-vs-bkh → |
| POR Portland General Electric Co | D- | 41/100 | 12.0x | — | 6.1% | +2.48% | $5.29B | /por-vs-bkh → |
2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)
SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001130464 ↗In its most recent audited fiscal period (FY2025, filed 2025-12-31), Black Hills Corporation (BKH) reported GAAP revenue of $2.29B (+9.0% vs. FY2024 revenue of $2.10B , and -0.7% cumulative change since FY2023) , GAAP net income of $291.6M, operating cash flow of $673.4M, and free cash flow of -$146.4M (-488.0% YoY). On the balance sheet, BKH closed FY2025 with $10.87B in total assets against $4.70B in total debt (Altman Z-Score: 1.29, Piotroski F-Score: 7/9).
| Fiscal Period | Filing Date | Revenue | Net Income | Operating Cash Flow | Free Cash Flow | Total Assets | Total Debt |
|---|---|---|---|---|---|---|---|
| FY2025 (FY) | 2025-12-31 | $2.29B | $291.6M | $673.4M | -$146.4M | $10.87B | $4.70B |
| FY2024 (FY) | 2024-12-31 | $2.10B | $273.1M | $719.3M | -$24.9M | $10.02B | $4.25B |
| FY2023 (FY) | 2023-12-31 | $2.30B | $262.2M | $944.4M | $840.8M | $3.42B | $799.4M |
3. BKH Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)
✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLEDIs BKH stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
As of 2026-11-03, Black Hills Corporation (NYSE: BKH) is rated D+ (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 53/100 at a spot price of $82.51 (+0.61% 1D, market cap $6.25B). Pillar breakdown: Fundamental Cash Engine 5/20, Institutional 13F & Options Flow 17/20, SEC Balance-Sheet Forensics 12/20, FRED Macro Regime Fit 10/20, and Executive Insider Alignment 9/20. Across 116 tracked Utilities issuers, BKH ranks #52 in composite RQD confidence.
How does BKH compare to TXNM and ENIC in the Utilities sector?
Within the Utilities sector (Electric Utilities: Central), BKH carries a Roarable D+ (53/100 RQD), trailing P/E of 21.3x, gross margin of —, and ROIC of 5.1%. By comparison, TXNM (TXNM Energy Inc.) holds a D+ grade (53/100 RQD, P/E 38.0x, ROIC 4.1%, cap $6.43B) and ENIC (Enel Chile S.A. (Each representing 50 shares of )) posts a D grade (45/100 RQD, P/E N/A, ROIC —, cap $5.71B). Among the 5-stock peer group, POR leads on earnings multiple (12.0x) while POR leads on capital efficiency (6.1% ROIC).
What are the biggest fundamental strengths and SEC risk factors for BKH?
Per BKH's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001130464), Black Hills Corporation generated $2.29B in revenue (+9.0% YoY), $291.6M in net income, and -$146.4M in free cash flow against $10.87B in total assets and $4.70B in total debt. Key quantitative strengths: Big institutional funds and options desks are actively positioning on the bullish side. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately. Institutional options positioning shows a 50% call / 50% put premium split.
Where is BKH trading relative to its 50-day, 200-day, and 52-week technical levels?
BKH last traded at $82.51 (+0.61% on volume of 1,222,687 shares), positioning the stock +10.69% above its 50-day simple moving average ($74.54) and +12.24% above its 200-day simple moving average ($73.51). Across its 52-week range of $62.27 to $82.15, BKH sits at the 100.0% percentile with a 14-day RSI of 72.2 (OVERBOUGHT (>70)) and an implied next-earnings move of ±4.1% ($79.13 to $85.89).
BKH — Black Hills Corporation: What the Facts Mean to a Prospective Investor
1. Roarable Rating Brief: What This Means to a Prospective Investor
Black Hills Corporation (BKH) earns a live Roarable RQD composite score of 53/100, corresponding to a D+ letter grade (Roarable Sell) at a spot price of $82.51 (+0.61% 1D, market capitalization $6.25B).
- Fundamental Cash Engine (5/20): Anchored by return on invested capital (ROIC) of 5.1%, gross margin of —, operating margin of 23.5%, and free cash flow yield of -2.36%.
- Whale 13F & Options Flow (17/20) + Insider Conviction (9/20): Tracks institutional 13F accumulation, CBOE options call/put positioning, and SEC Form 4 / Congressional PTR filings.
- Macro Regime Fit (10/20) + Forensic Balance Sheet (12/20): Incorporates a 0.49x equity beta, Altman Z-Score of 1.29, Piotroski F-Score of 7/9, and Debt/Equity of 1.23x.
2. Business Model, Unit Margins & SEC Financial Trajectory
Black Hills Corporation (BKH) is a NYSE-listed issuer classified in the Utilities sector and the Electric Utilities: Central industry. Its market capitalization is $6.2B.
In its latest audited SEC EDGAR 10-K filing for FY2025 (filed 2025-12-31), Black Hills Corporation (BKH) reported $2.29B in annual revenue (up from $2.10B in FY2024, +9.0% YoY) and $291.6M in GAAP net income. Over the multi-year SEC filing window from FY2023 ($2.30B revenue, $262.2M net income) through FY2025, BKH scaled operating cash flow to $673.4M and free cash flow to -$146.4M, backed by $10.87B in total assets against $4.70B in total debt.
3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff
- 🐂 Primary Bull Case (D+ • RQD 53/100): Big institutional funds and options desks are actively positioning on the bullish side. Free cash flow yield of -2.36% and institutional whale pillar of 17/20. With Fundamental Cash Engine at 5/20 and Institutional Whale Flow at 17/20, sustained execution supports upside toward the upper end of the $62.27 – $82.15 52-week range.
- 🐻 Primary Bear Case & Valuation Risk: Company executives have done more routine share selling than personal cash buying lately. Investors must weigh 21.3x trailing P/E and 8.7x EV/EBITDA against 23.5% operating margins and a 0.49x macro beta.
4. 2nd-Order Butterfly Ripples & Key Questions to Watch
No upstream or downstream dependencies, sector correlations, or bottleneck links are recorded (supply_chain: NONE; butterfly_links: empty). The source data therefore does not identify 2nd-order ripples.
- Key Question #1: Can BKH sustain or expand its 23.5% operating margin and 5.1% ROIC against Electric Utilities: Central peers over the next 4 quarters?
- Key Question #2: Following FY2025 revenue of $2.29B and free cash flow of -$146.4M, how will capital allocation balance growth reinvestment against $4.70B in total debt?
- Key Question #3: How sensitive is BKH's 19.8x forward P/E multiple to Utilities capital spending cycles and macro interest-rate shifts (Beta 0.49x)?
BKH Live News Feed, Press Releases & Catalyst Wire
Real-time company headlines, analyst actions, and sector developments for Black Hills Corporation (BKH) • Click "Debate This Headline" to argue it in the Roar Pit below
Yahoo Finance report covering Black Hills Corporation (BKH) market action, institutional positioning, and fundamental catalysts.
The Motley Fool report covering Black Hills Corporation (BKH) market action, institutional positioning, and fundamental catalysts.
Seeking Alpha report covering Black Hills Corporation (BKH) market action, institutional positioning, and fundamental catalysts.
Yahoo Finance UK report covering Black Hills Corporation (BKH) market action, institutional positioning, and fundamental catalysts.
StockInvest.us report covering Black Hills Corporation (BKH) market action, institutional positioning, and fundamental catalysts.
TradingView report covering Black Hills Corporation (BKH) market action, institutional positioning, and fundamental catalysts.
Simply Wall St report covering Black Hills Corporation (BKH) market action, institutional positioning, and fundamental catalysts.
MarketBeat report covering Black Hills Corporation (BKH) market action, institutional positioning, and fundamental catalysts.
BKH Bull vs. Bear Conversation Board — What's Your Call at $82.51?
Institutional accumulation and options positioning score 17 of 20, the strongest pillar in the RQD rating, alongside a low 0.49 beta.
Here is why I am bullish on BKH here at $82.01: Institutional accumulation and options positioning score 17 of 20, the strongest pillar in the RQD rating, alongside a low 0.49 beta.. Compare BKH's 23.5% operating margin and 5.1% ROIC against the rest of Electric Utilities: Central. As long as cash conversion holds up, dips toward $77.91 are getting bought.
@MeanReversion_88 Shorting a 17/20 institutional whale-flow stock at $82.01 is dangerous when funds are rotating into Utilities.
Free cash flow is negative (-2.36% FCF yield, -$146.4M in FY 2025) while debt grew to $4.70B, with ROIC at 5.1%.
Free cash flow is negative (-2.36% FCF yield, -$146.4M in FY 2025) while debt grew to $4.70B, with ROIC at 5.1%.. Look at the math on BKH: paying 21.3x trailing P/E for 5.1% ROIC and 23.5% operating margins leaves zero margin of safety if Electric Utilities: Central demand softens. I'd wait for a retest of $72.17 before getting long.