MDU Resources Group (NYSE:MDU) Posts Earnings Results, Beats Expectations By $0.03 EPS

MDU Resources Group (NYSE:MDU) released its earnings results on Thursday. The utilities provider reported $0.34 earnings per share for the quarter, beating the consensus estimate 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

MDU stock traded down $1.03 during midday trading on Thursday, reaching $16.97. 3,396,923 shares of the company were exchanged, compared to its average volume of 2,137,151. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.15 and a quick ratio of 1.07. The business has a 50-day moving average price of $18.39 and a two-hundred day moving average price of $22.65. MDU Resources Group has a one year low of $14.91 and a one year high of $30.52. The firm has a market capitalization of $3.46 billion, a price-to-earnings ratio of 8.70, a price-to-earnings-growth ratio of 2.67 and a beta of 0.80.

MDU Resources Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 1st. Shareholders of record on Thursday, December 12th were given a dividend of $0.13 per share. The ex-dividend date was Thursday, December 12th. This represents a $0.52 dividend on an annualized basis and a yield of 3.07%. MDU Resources Group’s dividend payout ratio (DPR) is 26.67%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on MDU. Bank of America raised shares of MDU Resources Group from a “neutral” rating to a “buy” rating and decreased their target price for the company from $31.00 to $17.00 in a research note on Tuesday, November 5th. StockNews.com began coverage on shares of MDU Resources Group in a research note on Friday, January 3rd. They issued a “hold” rating for the company. Siebert Williams Shank raised shares of MDU Resources Group from a “hold” rating to a “buy” rating and set a $19.00 target price for the company in a research note on Monday, November 4th. Finally, Jefferies Financial Group began coverage on shares of MDU Resources Group in a research note on Wednesday, January 8th. They issued a “hold” rating and a $18.00 target price for the company. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently 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.