MDU Resources Group, Inc. (NYSE:MDU) Given Average Rating of “Hold” by Analysts

MDU Resources Group, Inc. (NYSE:MDU) has been given a consensus recommendation of “Hold” by the six research firms that are currently covering the firm, MarketBeat.com reports. Five analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $21.75.

MDU has been the subject of several research analyst reports. JPMorgan Chase & Co. initiated coverage on MDU Resources Group in a report on Thursday, April 16th. They issued a “neutral” rating and a $22.00 price objective for the company. Weiss Ratings restated a “hold (c)” rating on shares of MDU Resources Group in a report on Friday, April 10th. Finally, TD Cowen upped their price objective on MDU Resources Group to $22.00 and gave the company a “hold” rating in a report on Friday, May 15th.

Institutional Trading of MDU Resources Group

Several institutional investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of MDU Resources Group by 2.5% in the fourth quarter. Vanguard Group Inc. now owns 23,828,483 shares of the utilities provider’s stock valued at $465,132,000 after buying an additional 571,015 shares during the period. Barrow Hanley Mewhinney & Strauss LLC lifted its holdings in shares of MDU Resources Group by 41.3% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 12,894,945 shares of the utilities provider’s stock valued at $251,709,000 after purchasing an additional 3,766,737 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of MDU Resources Group by 2.5% during the first quarter. Dimensional Fund Advisors LP now owns 10,285,747 shares of the utilities provider’s stock valued at $213,120,000 after purchasing an additional 253,950 shares during the last quarter. Earnest Partners LLC lifted its holdings in shares of MDU Resources Group by 678.2% during the fourth quarter. Earnest Partners LLC now owns 9,946,196 shares of the utilities provider’s stock valued at $194,150,000 after purchasing an additional 8,668,137 shares during the last quarter. Finally, State Street Corp lifted its holdings in shares of MDU Resources Group by 4.1% during the fourth quarter. State Street Corp now owns 7,121,385 shares of the utilities provider’s stock valued at $139,991,000 after purchasing an additional 281,025 shares during the last quarter. Institutional investors and hedge funds own 71.44% of the company’s stock.

MDU Resources Group Trading Up 0.0%

Shares of MDU stock opened at $21.88 on Monday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.75 and a current ratio of 0.78. The firm has a market capitalization of $4.48 billion, a PE ratio of 23.78, a price-to-earnings-growth ratio of 4.05 and a beta of 0.66. The stock has a fifty day moving average of $21.73 and a two-hundred day moving average of $20.90. MDU Resources Group has a 1 year low of $15.76 and a 1 year high of $22.98.

MDU Resources Group (NYSE:MDU) last announced its quarterly earnings data on Thursday, May 7th. The utilities provider reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.42 by ($0.03). The firm had revenue of $605.98 million during the quarter, compared to analyst estimates of $688.34 million. MDU Resources Group had a net margin of 10.47% and a return on equity of 6.82%. The company’s quarterly revenue was down 10.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.40 EPS. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. As a group, research analysts expect that MDU Resources Group will post 0.98 EPS for the current year.

MDU Resources Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Thursday, June 11th will be issued a $0.14 dividend. The ex-dividend date is Thursday, June 11th. This represents a $0.56 annualized dividend and a dividend yield of 2.6%. MDU Resources Group’s dividend payout ratio is 60.87%.

MDU Resources Group Company Profile

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.