MDU Resources Group (NYSE:MDU) Releases Earnings Results

MDU Resources Group (NYSE:MDU) announced its quarterly earnings data on Thursday. The utilities provider reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.03, Zacks reports. MDU Resources Group had a net margin of 8.92% and a return on equity of 11.24%. MDU Resources Group updated its FY 2025 guidance to 0.880-0.980 EPS.

MDU Resources Group Stock Performance

Shares of NYSE:MDU traded down $0.40 on Friday, reaching $16.54. 1,156,726 shares of the company’s stock were exchanged, compared to its average volume of 2,094,800. The firm has a market capitalization of $3.37 billion, a price-to-earnings ratio of 8.49, a PEG ratio of 2.67 and a beta of 0.80. MDU Resources Group has a fifty-two week low of $14.91 and a fifty-two week high of $30.52. The business’s 50-day moving average is $18.33 and its two-hundred day moving average is $22.61. The company has a quick ratio of 1.07, a current ratio of 1.15 and a debt-to-equity ratio of 0.73.

MDU Resources Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 1st. Investors of record on Thursday, December 12th were issued a $0.13 dividend. The ex-dividend date was Thursday, December 12th. This represents a $0.52 annualized dividend and a yield of 3.14%. MDU Resources Group’s dividend payout ratio is presently 26.67%.

Wall Street Analysts Forecast Growth

MDU has been the subject of several research analyst reports. Jefferies Financial Group initiated coverage on shares of MDU Resources Group in a report on Wednesday, January 8th. They issued a “hold” rating and a $18.00 target price for the company. Bank of America upgraded shares of MDU Resources Group from a “neutral” rating to a “buy” rating and decreased their price target for the stock from $31.00 to $17.00 in a research note on Tuesday, November 5th. StockNews.com assumed coverage on shares of MDU Resources Group in a research note on Friday, January 3rd. They set a “hold” rating for the company. Finally, Siebert Williams Shank upgraded shares of MDU Resources Group from a “hold” rating to a “buy” rating and set a $19.00 price target for the company in a research note on Monday, November 4th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $21.00.

About MDU Resources Group

MDU Resources Group, Inc engages in the regulated energy delivery, and construction materials and services businesses in the United States. It operates through four segments: Electric, Natural Gas Distribution, Pipeline, and Construction Services. The Electric segment generates, transmits, and distributes electricity for residential, commercial, industrial, and municipal customers in Montana, North Dakota, South Dakota, and Wyoming; and operates 3,400 miles of transmission lines, 4,800 miles of distribution lines, and 82 transmission and 298 distribution substations.