MDU Resources Group, Inc. (NYSE:MDU) Receives Average Recommendation of “Hold” from Analysts

MDU Resources Group, Inc. (NYSE:MDU) has earned an average rating of “Hold” from the six brokerages that are covering the company, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $21.75.

A number of equities analysts have issued reports on the company. TD Cowen increased their price target on MDU Resources Group to $22.00 and gave the stock a “hold” rating in a research report on Friday, May 15th. Loop Capital set a $21.00 price target on MDU Resources Group in a research report on Tuesday, February 24th. Weiss Ratings reiterated a “hold (c)” rating on shares of MDU Resources Group in a research report on Friday, April 10th. Finally, JPMorgan Chase & Co. assumed coverage on MDU Resources Group in a research report on Thursday, April 16th. They set a “neutral” rating and a $22.00 price target on the stock.

MDU Resources Group Stock Performance

Shares of MDU stock opened at $21.94 on Thursday. The stock has a market cap of $4.49 billion, a PE ratio of 23.84, a price-to-earnings-growth ratio of 4.12 and a beta of 0.70. The business has a 50-day simple moving average of $21.68 and a 200-day simple moving average of $20.81. 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 has a 52-week low of $15.76 and a 52-week high of $22.98.

MDU Resources Group (NYSE:MDU) last issued its quarterly earnings data 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 company 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 business’s quarterly revenue was down 10.2% compared to the same quarter last year. During the same period last year, the firm earned $0.40 EPS. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. On average, equities analysts expect that MDU Resources Group will post 0.98 EPS for the current year.

MDU Resources Group Announces Dividend

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

Hedge Funds Weigh In On MDU Resources Group

A number of hedge funds have recently made changes to their positions in the company. Arkadios Wealth Advisors raised its holdings in shares of MDU Resources Group by 1.7% during the first quarter. Arkadios Wealth Advisors now owns 27,316 shares of the utilities provider’s stock valued at $566,000 after acquiring an additional 449 shares during the last quarter. Smith Moore & CO. raised its holdings in shares of MDU Resources Group by 4.3% during the fourth quarter. Smith Moore & CO. now owns 12,855 shares of the utilities provider’s stock valued at $251,000 after acquiring an additional 535 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of MDU Resources Group by 2.5% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 22,414 shares of the utilities provider’s stock valued at $408,000 after acquiring an additional 540 shares during the last quarter. GAMMA Investing LLC grew its position in shares of MDU Resources Group by 25.4% in the fourth quarter. GAMMA Investing LLC now owns 2,748 shares of the utilities provider’s stock valued at $54,000 after purchasing an additional 556 shares in the last quarter. Finally, Koshinski Asset Management Inc. grew its position in shares of MDU Resources Group by 5.3% in the third quarter. Koshinski Asset Management Inc. now owns 11,098 shares of the utilities provider’s stock valued at $198,000 after purchasing an additional 560 shares in the last quarter. Institutional investors and hedge funds own 71.44% of the company’s stock.

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.