MDU Resources Group, Inc. (NYSE:MDU) Receives $22.40 Consensus PT from Analysts

Shares of MDU Resources Group, Inc. (NYSE:MDU) have been given an average recommendation of “Hold” by the seven analysts that are presently covering the firm, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $22.40.

A number of equities research analysts recently commented on MDU shares. TD Cowen lifted their target price on MDU Resources Group to $22.00 and gave the stock a “hold” rating in a report on Friday, May 15th. Wells Fargo & Company assumed coverage on MDU Resources Group in a report on Monday, July 13th. They issued an “overweight” rating and a $25.00 price objective on the stock. JPMorgan Chase & Co. initiated coverage on MDU Resources Group in a research report on Thursday, April 16th. They set a “neutral” rating and a $22.00 price objective on the stock. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of MDU Resources Group in a report on Wednesday, July 8th.

MDU Resources Group Stock Performance

MDU stock opened at $21.14 on Friday. The firm has a market cap of $4.33 billion, a price-to-earnings ratio of 22.97, a PEG ratio of 3.91 and a beta of 0.67. MDU Resources Group has a one year low of $15.76 and a one year high of $22.98. 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 50-day simple moving average of $21.28 and a two-hundred day simple moving average of $21.09.

MDU Resources Group (NYSE:MDU) last issued its quarterly earnings results on Thursday, May 7th. The utilities provider reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.03). MDU Resources Group had a return on equity of 6.82% and a net margin of 10.47%.The business had revenue of $605.98 million for the quarter, compared to analyst estimates of $688.34 million. During the same period in the previous year, the company posted $0.40 earnings per share. The business’s revenue for the quarter was down 10.2% on a year-over-year basis. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. On average, equities analysts forecast that MDU Resources Group will post 0.98 EPS for the current fiscal year.

MDU Resources Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Thursday, June 11th were paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Thursday, June 11th. MDU Resources Group’s dividend payout ratio (DPR) is 60.87%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. GoalVest Advisory LLC acquired a new position in MDU Resources Group in the 4th quarter valued at about $26,000. Flagship Harbor Advisors LLC purchased a new stake in shares of MDU Resources Group in the 4th quarter valued at approximately $27,000. Geneos Wealth Management Inc. increased its holdings in MDU Resources Group by 94.5% in the second quarter. Geneos Wealth Management Inc. now owns 1,647 shares of the utilities provider’s stock valued at $27,000 after buying an additional 800 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in shares of MDU Resources Group by 6,404.3% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,496 shares of the utilities provider’s stock valued at $27,000 after acquiring an additional 1,473 shares during the last quarter. Finally, Global Retirement Partners LLC increased its stake in MDU Resources Group by 13,185.7% in the fourth quarter. Global Retirement Partners LLC now owns 1,860 shares of the utilities provider’s stock valued at $36,000 after purchasing an additional 1,846 shares during the last quarter. 71.44% of the stock is currently owned by hedge funds and other institutional investors.

About MDU Resources Group

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.