MDU Resources Group (NYSE:MDU) Releases FY 2026 Earnings Guidance

MDU Resources Group (NYSE:MDU) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 0.930-1.000 for the period, compared to the consensus EPS estimate of 0.980. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on MDU shares. JPMorgan Chase & Co. raised shares of MDU Resources Group from a “neutral” rating to an “overweight” rating and set a $27.00 target price on the stock in a report on Thursday. Wells Fargo & Company started coverage on shares of MDU Resources Group in a research note on Monday, July 13th. They issued an “overweight” rating and a $25.00 price target on the stock. TD Cowen boosted their target price on MDU Resources Group to $22.00 and gave the stock a “hold” rating in a research report on Friday, May 15th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of MDU Resources Group in a research note on Wednesday, July 8th. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $23.40.

MDU Resources Group Trading Up 3.3%

NYSE MDU traded up $0.66 on Thursday, hitting $20.68. 4,500,183 shares of the stock were exchanged, compared to its average volume of 1,300,800. 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 stock has a fifty day moving average price of $20.93 and a two-hundred day moving average price of $21.11. The firm has a market capitalization of $4.23 billion, a P/E ratio of 22.48, a P/E/G ratio of 3.71 and a beta of 0.67. 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 released its earnings results on Thursday, August 6th. The utilities provider reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.01. MDU Resources Group had a net margin of 10.47% and a return on equity of 6.82%. The firm had revenue of $375.30 million during the quarter, compared to analyst estimates of $396.56 million. During the same quarter last year, the business earned $0.07 EPS. The business’s revenue was up 6.8% on a year-over-year basis. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. Research analysts forecast that MDU Resources Group will post 0.98 EPS for the current fiscal year.

MDU Resources Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Thursday, June 11th were paid a $0.14 dividend. The ex-dividend date of this dividend was Thursday, June 11th. This represents a $0.56 annualized dividend and a yield of 2.7%. MDU Resources Group’s dividend payout ratio (DPR) is presently 60.87%.

Key Headlines Impacting MDU Resources Group

Here are the key news stories impacting MDU Resources Group this week:

• Positive Sentiment: JPMorgan upgraded MDU Resources Group from “neutral” to “overweight” and assigned a $27 price target, implying substantial upside from the referenced share price. Benzinga analyst upgrade report
• Positive Sentiment: MDU reported second-quarter EPS of $0.10, exceeding the $0.09 consensus estimate and rising from $0.07 a year earlier. Net income increased 55.5% year over year to $21.3 million, while revenue rose 6.8% to approximately $375.3 million. MDU Resources second-quarter 2026 results
• Positive Sentiment: The electric segment benefited from the Badger Wind Farm, new and interim rates, and higher volumes. MDU also advanced the proposed Bakken East Pipeline Project, executing agreements representing nearly 1.2 billion cubic feet per day of firm natural-gas transportation capacity—supporting potential future infrastructure growth. MDU Resources second-quarter net income report
• Neutral Sentiment: Management reaffirmed 2026 EPS guidance of $0.93 to $1.00. The midpoint is broadly consistent with analyst expectations, although the guidance range’s low end remains below the approximately $0.98 consensus forecast. MDU Resources Q2 2026 earnings call transcript
• Negative Sentiment: Quarterly revenue of approximately $375.3 million fell short of the $396.6 million analyst estimate, partially offsetting the earnings beat. The pipeline segment’s profit also declined year over year, while the natural-gas distribution business remained unprofitable on a seasonal basis. MDU Resources earnings report

Institutional Investors Weigh In On MDU Resources Group

Institutional investors and hedge funds have recently modified their holdings of the business. Corient Private Wealth LLC increased its stake in MDU Resources Group by 64.6% in the fourth quarter. Corient Private Wealth LLC now owns 43,633 shares of the utilities provider’s stock worth $848,000 after purchasing an additional 17,118 shares during the period. Mercer Global Advisors Inc. ADV boosted its stake in shares of MDU Resources Group by 67.5% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 21,997 shares of the utilities provider’s stock valued at $429,000 after purchasing an additional 8,868 shares during the period. XTX Topco Ltd bought a new position in shares of MDU Resources Group in the fourth quarter worth about $284,000. Yaupon Capital Management LP bought a new position in shares of MDU Resources Group in the fourth quarter worth about $23,424,000. Finally, VARCOV Co. bought a new position in shares of MDU Resources Group in the fourth quarter worth about $1,042,000. 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.