MDU Resources Group (MDU) Getting Favorable Media Coverage, Report Shows
News headlines about MDU Resources Group (NYSE:MDU) have been trending positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. MDU Resources Group earned a media sentiment score of 0.45 on Accern’s scale. Accern also assigned news stories about the utilities provider an impact score of 45.9051013599236 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the news stories that may have effected Accern’s rankings:
- Head-To-Head Contrast: MDU Resources Group (MDU) and Its Competitors (americanbankingnews.com)
- Ameren Corporation (AEE) vs. MDU Resources Group (MDU) Financial Contrast (americanbankingnews.com)
- MDU Resources Group, Inc. breached its 50 day moving average in a Bullish Manner : MDU-US : October 4, 2017 (finance.yahoo.com)
- MDU Resources Announces Webcast of Analyst Conference Call (finance.yahoo.com)
- MDU Resources Group, Inc. : MDU-US: Dividend Analysis : September 14th, 2017 (record date) : By the numbers : October 3, 2017 (finance.yahoo.com)
A number of equities research analysts have commented on MDU shares. KeyCorp reiterated a “buy” rating and set a $28.00 target price on shares of MDU Resources Group in a report on Friday, September 1st. Zacks Investment Research upgraded MDU Resources Group from a “sell” rating to a “hold” rating in a report on Tuesday, September 26th. Finally, BidaskClub upgraded MDU Resources Group from a “sell” rating to a “hold” rating in a report on Wednesday, August 2nd. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $31.00.
Shares of MDU Resources Group (NYSE MDU) opened at 26.60 on Monday. The firm has a market cap of $5.20 billion, a PE ratio of 23.13 and a beta of 0.91. The stock’s 50 day moving average price is $26.61 and its 200 day moving average price is $26.60. MDU Resources Group has a 12-month low of $24.51 and a 12-month high of $29.92.
MDU Resources Group (NYSE:MDU) last announced its earnings results on Tuesday, August 1st. The utilities provider reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.03). MDU Resources Group had a net margin of 5.37% and a return on equity of 10.24%. The firm had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.10 billion. During the same period last year, the firm earned $0.24 earnings per share. MDU Resources Group’s revenue for the quarter was up 2.3% compared to the same quarter last year. On average, equities research analysts predict that MDU Resources Group will post $1.21 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Sunday, October 1st. Shareholders of record on Thursday, September 14th were paid a dividend of $0.1925 per share. This represents a $0.77 annualized dividend and a yield of 2.89%. The ex-dividend date of this dividend was Wednesday, September 13th. MDU Resources Group’s dividend payout ratio (DPR) is currently 66.96%.
In other news, CEO David L. Goodin bought 5,000 shares of the business’s stock in a transaction on Friday, August 11th. The shares were bought at an average cost of $25.57 per share, with a total value of $127,850.00. Following the purchase, the chief executive officer now directly owns 95,210 shares in the company, valued at $2,434,519.70. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.95% of the stock is owned by insiders.
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MDU Resources Group Company Profile
MDU Resources Group, Inc is engaged in regulated energy delivery and construction materials and services business. The Company’s businesses segments are electric, natural gas distribution, pipeline and midstream, construction materials and contracting, and construction services. The electric segment generates, transmits and distributes electricity.
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