MDU Resources Group (NYSE:MDU – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 0.930-1.000 for the period, compared to the consensus EPS estimate of 1.010. The company issued revenue guidance of -.
MDU Resources Group Stock Down 3.2%
Shares of MDU stock traded down $0.67 during trading hours on Thursday, reaching $20.36. 763,057 shares of the company’s stock were exchanged, compared to its average volume of 2,075,755. The stock has a market cap of $4.16 billion, a PE ratio of 24.47, a PEG ratio of 3.32 and a beta of 0.75. The company has a current ratio of 0.75, a quick ratio of 0.69 and a debt-to-equity ratio of 0.80. The stock’s fifty day moving average price is $20.06 and its two-hundred day moving average price is $18.72. MDU Resources Group has a 1 year low of $15.04 and a 1 year high of $21.49.
MDU Resources Group (NYSE:MDU – Get Free Report) last announced its quarterly earnings data on Thursday, February 5th. The utilities provider reported $0.37 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.37. The company had revenue of $534.00 million for the quarter, compared to analysts’ expectations of $560.72 million. MDU Resources Group had a net margin of 9.02% and a return on equity of 6.81%. MDU Resources Group’s revenue was down .3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.90 EPS. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. Research analysts predict that MDU Resources Group will post 0.94 EPS for the current year.
MDU Resources Group Announces Dividend
Analyst Upgrades and Downgrades
Several brokerages have recently weighed in on MDU. Citigroup restated a “neutral” rating on shares of MDU Resources Group in a research note on Thursday, January 15th. Weiss Ratings reiterated a “hold (c-)” rating on shares of MDU Resources Group in a research report on Monday, December 29th. TD Cowen initiated coverage on MDU Resources Group in a research note on Thursday, October 16th. They set a “hold” rating and a $20.00 target price for the company. Jefferies Financial Group boosted their price target on shares of MDU Resources Group to $22.00 and gave the stock a “buy” rating in a research report on Wednesday, October 22nd. Finally, Zacks Research raised shares of MDU Resources Group from a “strong sell” rating to a “hold” rating in a report on Thursday, December 4th. One analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $21.00.
Get Our Latest Stock Analysis on MDU Resources Group
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the business. Boothbay Fund Management LLC raised its holdings in shares of MDU Resources Group by 6.5% in the 2nd quarter. Boothbay Fund Management LLC now owns 12,235 shares of the utilities provider’s stock worth $204,000 after purchasing an additional 742 shares during the period. Geneos Wealth Management Inc. increased its stake in MDU Resources Group by 94.5% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,647 shares of the utilities provider’s stock worth $27,000 after acquiring an additional 800 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of MDU Resources Group by 56.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,508 shares of the utilities provider’s stock valued at $42,000 after acquiring an additional 904 shares in the last quarter. Quadrant Capital Group LLC boosted its position in shares of MDU Resources Group by 7.8% during the 3rd quarter. Quadrant Capital Group LLC now owns 12,851 shares of the utilities provider’s stock valued at $229,000 after acquiring an additional 931 shares during the last quarter. Finally, Brown Brothers Harriman & Co. grew its holdings in shares of MDU Resources Group by 2.4% during the third quarter. Brown Brothers Harriman & Co. now owns 43,618 shares of the utilities provider’s stock worth $777,000 after purchasing an additional 1,032 shares in the last quarter. 71.44% of the stock is owned by institutional investors.
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.
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