MDU Resources Group (NYSE:MDU) Issues FY 2026 Earnings Guidance

MDU Resources Group (NYSE:MDU) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of 0.930-1.000 for the period, compared to the consensus earnings per share estimate of 0.980. The company issued revenue guidance of -.

MDU Resources Group Stock Performance

MDU Resources Group stock traded down $0.17 during mid-day trading on Friday, reaching $20.59. 1,730,306 shares of the company’s stock were exchanged, compared to its average volume of 1,464,709. The business’s fifty day simple moving average is $20.92 and its 200 day simple moving average is $21.10. The firm has a market capitalization of $4.21 billion, a PE ratio of 21.67, a P/E/G ratio of 3.84 and a beta of 0.67. MDU Resources Group has a one year low of $15.76 and a one year high of $22.98. The company has a quick ratio of 0.75, a current ratio of 0.78 and a debt-to-equity ratio of 0.82.

MDU Resources Group (NYSE:MDU) last announced its earnings results on Thursday, May 7th. The utilities provider reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.03). The business had revenue of $605.98 million for the quarter, compared to analysts’ expectations of $688.34 million. MDU Resources Group had a net margin of 10.75% and a return on equity of 6.96%. The company’s revenue for the quarter was down 10.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.40 earnings per share. On average, sell-side analysts expect that MDU Resources Group will post 0.98 earnings per share for the current year.

MDU Resources Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Thursday, June 11th were paid a dividend of $0.14 per share. The ex-dividend date was Thursday, June 11th. This represents a $0.56 annualized dividend and a dividend yield of 2.7%. MDU Resources Group’s dividend payout ratio (DPR) is presently 60.87%.

Analyst Ratings Changes

A number of research firms have issued reports on MDU. TD Cowen raised their target price on MDU Resources Group to $22.00 and gave the stock a “hold” rating in a research report on Friday, May 15th. Weiss Ratings restated a “hold (c)” rating on shares of MDU Resources Group in a research note on Wednesday, July 8th. JPMorgan Chase & Co. raised shares of MDU Resources Group from a “neutral” rating to an “overweight” rating and set a $27.00 price objective for the company in a report on Thursday. Finally, Wells Fargo & Company started coverage on shares of MDU Resources Group in a research report on Monday, July 13th. They issued an “overweight” rating and a $25.00 price objective for the company. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $23.40.

MDU Resources Group News Roundup

Here are the key news stories impacting MDU Resources Group this week:

• Positive Sentiment: Second-quarter earnings beat expectations. MDU reported adjusted EPS of $0.10, up from $0.07 a year earlier and ahead of the $0.09 consensus estimate. Net income increased 55.5% year over year to $21.3 million. MDU Resources Reports Second Quarter 2026 Results
• Positive Sentiment: Infrastructure growth could support longer-term results. The company continued advancing the proposed Bakken East Pipeline Project and has signed precedent agreements representing nearly 1.2 billion cubic feet per day of firm natural-gas transportation capacity. Electric utility earnings also benefited from Badger Wind Farm, rate changes and higher volumes. MDU Resources Q2 Earnings Beat Estimates
• Positive Sentiment: JPMorgan upgraded MDU to Overweight and assigned a $27 price target, signaling improved analyst confidence and substantial potential upside from recent trading levels. JPMorgan Upgrade Report
• Neutral Sentiment: Management reaffirmed full-year 2026 EPS guidance of $0.93 to $1.00. The range provides stability, although its midpoint is slightly below the roughly $0.98 analyst consensus. MDU Resources Q2 2026 Earnings Call Transcript
• Negative Sentiment: Revenue fell short of expectations. Quarterly operating revenue rose 6.8% year over year to approximately $375.3 million but missed the $396.6 million consensus estimate. The pipeline segment also earned less than a year earlier, while the natural-gas distribution business remained unprofitable seasonally. MDU Resources Q2 Earnings Snapshot

Institutional Investors Weigh In On MDU Resources Group

Institutional investors and hedge funds have recently bought and sold shares of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in MDU Resources Group by 8.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 499,908 shares of the utilities provider’s stock valued at $8,453,000 after acquiring an additional 39,978 shares in the last quarter. Quantbot Technologies LP bought a new stake in shares of MDU Resources Group during the 2nd quarter valued at about $370,000. EverSource Wealth Advisors LLC increased its position in shares of MDU Resources Group by 56.4% during the second quarter. EverSource Wealth Advisors LLC now owns 2,508 shares of the utilities provider’s stock valued at $42,000 after buying an additional 904 shares during the period. Amundi bought a new position in MDU Resources Group in the second quarter worth about $564,000. Finally, Jump Financial LLC raised its stake in MDU Resources Group by 355.9% in the second quarter. Jump Financial LLC now owns 178,703 shares of the utilities provider’s stock worth $2,979,000 after buying an additional 139,503 shares in the last quarter. Hedge funds and other institutional investors own 71.44% of the company’s stock.

About MDU Resources Group

MDU Resources Group, Inc is a diversified energy and services holding company headquartered in Bismarck, North Dakota. The company operates through two primary segments: Utilities and Construction Services and Pipelines & Midstream. Serving a broad geographic footprint across the upper Midwest and Pacific Northwest, MDU provides essential energy distribution and infrastructure services to residential, commercial and industrial customers.

The Utilities segment delivers electric and natural gas distribution services in Montana, North Dakota, South Dakota, Minnesota, Kansas, Wisconsin, Michigan and Washington.