MDU Resources Group (NYSE:MDU) Hits New 12-Month Low After Earnings Miss

MDU Resources Group, Inc. (NYSE:MDU) hit a new 52-week low on Friday after the company announced weaker than expected quarterly earnings. The stock traded as low as $18.14 and last traded at $18.3750, with a volume of 45,240 shares traded. The stock had previously closed at $18.53.

The utilities provider reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). The company had revenue of $347.75 million during the quarter, compared to analyst estimates of $346.63 million. MDU Resources Group had a net margin of 10.75% and a return on equity of 6.89%. The company’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.09 EPS.

MDU Resources Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th were paid a dividend of $0.1450 per share. This is a boost from MDU Resources Group’s previous quarterly dividend of $0.14. This represents a $0.58 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend was Thursday, September 10th. MDU Resources Group’s payout ratio is currently 61.05%.

Trending Headlines about MDU Resources Group

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

• Positive Sentiment: MDU reached a positive final investment decision on the Bakken East Pipeline, a strategic growth project intended to help meet rising energy demand. MDU Resources Q3 2026 results
• Positive Sentiment: Revenue rose 10.4% year over year to about $347.8 million, slightly exceeding analyst expectations. MDU Resources Q3 2026 results
• Neutral Sentiment: The company reaffirmed 2026 EPS guidance of $0.93–$1.00, a range that includes the $0.98 consensus estimate. This avoids a forecast cut but offers no upward revision. MDU Resources Q3 2026 results
• Negative Sentiment: Adjusted EPS was $0.08, below the $0.10 consensus and down from $0.09 a year earlier; reported net income also fell to $14.0 million from $18.4 million. Higher costs offset revenue growth, putting pressure on the earnings outlook. MDU Q3 earnings miss estimates

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings lowered shares of MDU Resources Group from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, October 21st. Wells Fargo & Company assumed 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 target for the company. Finally, 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 research note on Thursday, August 6th. Two research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $23.75.

Hedge Funds Weigh In On MDU Resources Group

Institutional investors and hedge funds have recently bought and sold shares of the business. BlackRock Inc. acquired a new position in shares of MDU Resources Group in the 2nd quarter valued at about $580,127,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in shares of MDU Resources Group in the second quarter worth approximately $276,933,000. Bank of America Corp DE acquired a new stake in shares of MDU Resources Group during the second quarter worth approximately $129,159,000. Hennessy Advisors Inc. boosted its holdings in shares of MDU Resources Group by 1,840.7% during the third quarter. Hennessy Advisors Inc. now owns 3,487,504 shares of the utilities provider’s stock worth $64,658,000 after purchasing an additional 3,307,797 shares during the period. Finally, Bank of New York Mellon Corp acquired a new stake in shares of MDU Resources Group during the second quarter worth approximately $49,435,000. Hedge funds and other institutional investors own 71.44% of the company’s stock.

MDU Resources Group Price Performance

The stock’s 50-day moving average is $19.10 and its 200 day moving average is $20.55. The stock has a market capitalization of $3.79 billion, a PE ratio of 19.50, a P/E/G ratio of 3.66 and a beta of 0.66. The company has a quick ratio of 0.95, a current ratio of 0.99 and a debt-to-equity ratio of 0.88.

About MDU Resources Group

MDU Resources Group, Inc is a regulated energy delivery company headquartered in Bismarck, North Dakota. Through its utility and pipeline businesses, the company provides electric and natural gas services to residential, commercial, industrial and institutional customers.

Montana-Dakota Utilities operates electric generation, transmission and distribution systems, as well as natural gas distribution networks, across parts of North Dakota, South Dakota, Montana and Wyoming. Great Plains Natural Gas provides natural gas service in portions of Minnesota.