Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Black Hills Corporation before investing.

In this article, we go over a few key elements for understanding Black Hills Corporation’s stock price such as:

• Black Hills Corporation’s current stock price and volume
• Why Black Hills Corporation’s stock price changed recently
• Upgrades and downgrades for BKH from analysts
• BKH’s stock price momentum as measured by its relative strength

About Black Hills Corporation (BKH)

Before we jump into Black Hills Corporation’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. The company operates through the Electric Utilities and Gas Utilities segments. The Electric Utilities segment engages in the generation, transmission, and distribution of electricity to electric utility customers in Colorado, Montana, South Dakota, and Wyoming; ownership and operation of 1,386 megawatts of generation capacity, and 9,478 miles of electric transmission and distribution lines; sale of excess power to other utilities and marketing companies; and ownership and operation of non-regulated power generation and mining assets. Its Gas Utilities segment is involved in the distribution of natural gas to approximately 1,138,000 natural gas utility customers in Arkansas, Colorado, Iowa, Kansas, Nebraska, and Wyoming; ownership and operation of 4,581 miles of intrastate gas transmission pipelines; 44,840 miles of gas distribution mains and service lines; seven natural gas storage sites; and approximately 50,000 horsepower of compression and 494 miles of gathering lines. The company also provides non-regulated services to its retail customers, including Service Guard Comfort Plan, which provides home appliance repair services through on-going monthly service agreements to residential utility customers; Tech Services, which include construction and maintenance of customer-owned gas infrastructure facilities, as well as electrical system construction services; and HomeServe, which are additional home repair service plans for natural gas residential customers. In addition, the company produces electric power through wind, natural gas, and coal-fired generating plants, as well as coal at its coal mine located near Gillette, Wyoming. Black Hills Corporation was incorporated in 1941 and is headquartered in Rapid City, South Dakota.

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Black Hills Corporation’s Stock Price as of Market Close

As of July 31, 2026, 4:00 PM, CST, Black Hills Corporation’s stock price was $71.210.

Black Hills Corporation is down 1.41% from its previous closing price of $72.230.

During the last market session, Black Hills Corporation’s stock traded between $70.925 and $72.220. Currently, there are approximately 75.40 million shares outstanding for Black Hills Corporation.

Black Hills Corporation’s price-earnings (P/E) ratio is currently at 18.3, which is low compared to the Multi-Utilities industry median of 21.8. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Black Hills Corporation Stock Price History

Black Hills Corporation’s (BKH) price is currently down 4.29% so far this month.

During the month of July, Black Hills Corporation’s stock price has reached a high of $76.740 and a low of $70.925.

Over the last year, Black Hills Corporation has hit prices as high as $78.690 and as low as $57.700. Year to date, Black Hills Corporation’s stock is up 2.58%.

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What Caused Black Hills Corporation Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 31, 2026, there were 0 analysts who downgraded Black Hills Corporation’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Black Hills Corporation’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Black Hills Corporation’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Black Hills Corporation’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Black Hills Corporation (BKH) by visiting AAII Stock Evaluator.

Relative Price Strength of Black Hills Corporation

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 31, 2026, Black Hills Corporation has a weighted four-quarter relative price strength of -0.70%, which translates to a Momentum Score of 50 and is considered to be Average.

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Black Hills Corporation Stock Price: Bottom Line

As of July 31, 2026, Black Hills Corporation’s stock price is $71.210, which is down 1.41% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Black Hills Corporation stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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