MDU Resources Group (NYSE:MDU – Get Free Report) was upgraded by research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Saturday, Wall Street Zen reports.
MDU has been the topic of a number of other research reports. JPMorgan Chase & Co. raised MDU Resources Group from a “neutral” rating to an “overweight” rating and set a $27.00 price objective on the stock in a report on Thursday, August 6th. Weiss Ratings cut MDU Resources Group from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, October 21st. Finally, Wells Fargo & Company assumed coverage on MDU Resources Group in a research note on Monday, July 13th. They set an “overweight” rating and a $25.00 target price for the company. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $23.75.
Check Out Our Latest Report on MDU
MDU Resources Group Stock Down 0.1%
MDU stock opened at $18.61 on Friday. MDU Resources Group has a one year low of $18.14 and a one year high of $22.98. The stock has a market capitalization of $3.81 billion, a PE ratio of 20.02, a price-to-earnings-growth ratio of 3.44 and a beta of 0.66. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.95 and a current ratio of 0.99. The company has a fifty day moving average of $19.07 and a 200-day moving average of $20.54.
MDU Resources Group (NYSE:MDU – Get Free Report) last issued its quarterly earnings results on Thursday, November 5th. The utilities provider reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). The firm had revenue of $347.75 million for the quarter, compared to analyst estimates of $346.63 million. MDU Resources Group had a return on equity of 6.74% and a net margin of 10.33%. The company’s revenue was up 10.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.09 earnings per share. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. As a group, analysts expect that MDU Resources Group will post 0.98 EPS for the current year.
Institutional Trading of MDU Resources Group
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Jupiter Topco LLC purchased a new position in shares of MDU Resources Group in the second quarter valued at $1,727,000. Squarepoint Ops LLC raised its stake in shares of MDU Resources Group by 16.2% during the 2nd quarter. Squarepoint Ops LLC now owns 197,571 shares of the utilities provider’s stock worth $4,190,000 after buying an additional 27,517 shares during the last quarter. Deutsche Bank AG acquired a new position in shares of MDU Resources Group during the 2nd quarter worth $8,547,000. Deroy & Devereaux Private Investment Counsel Inc. raised its stake in shares of MDU Resources Group by 40.6% during the 3rd quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 2,126,689 shares of the utilities provider’s stock worth $39,429,000 after buying an additional 614,482 shares during the last quarter. Finally, The Manufacturers Life Insurance Company purchased a new stake in shares of MDU Resources Group in the 2nd quarter worth about $1,237,000. Institutional investors and hedge funds own 71.44% of the company’s stock.
Key Headlines Impacting MDU Resources Group
Here are the key news stories impacting MDU Resources Group this week:
- Positive Sentiment: MDU reached a positive final investment decision on its Bakken East Pipeline, a strategic growth project intended to serve rising energy demand. The company also reported stronger electric utility earnings. MDU Resources Q3 results and guidance
- Neutral Sentiment: Third-quarter revenue rose 10.4% year over year to $347.75 million, slightly above analyst estimates. MDU reaffirmed 2026 EPS guidance of $0.93–$1.00, a range that includes the $0.98 consensus estimate but does not represent an increase. MDU Q3 earnings and guidance
- Negative Sentiment: Adjusted EPS was $0.08, missing the $0.10 consensus and down from $0.09 a year earlier. Consolidated net income also declined to $14.0 million from $18.4 million, with higher costs cited as a factor—likely weighing on investor sentiment. MDU Q3 earnings miss and higher costs
MDU Resources Group Company Profile
MDU Resources Group is an energy delivery company that provides regulated electric and natural gas service and operates natural gas transmission infrastructure. Its utility businesses serve residential, commercial, industrial and other customers across parts of the northwestern and north-central United States.
The company’s service area includes Montana, North Dakota, South Dakota, Wyoming, Idaho, Oregon, Washington and Minnesota. Its natural gas pipeline operations transport and store gas, supporting the delivery of energy to customers and communities.
Founded in 1924, MDU Resources has evolved from a regional utility into a multi-state energy company.
See Also
- Five stocks we like better than MDU Resources Group
- Lemonade’s Revenue Soars 73%—So Why Did Its Stock Turn Sour After Earnings?
- Anthropic’s S-1 Strengthens the Case for Broadcom’s AI Growth
- After the Midterms, Which of These 3 Defense ETFs Looks Strongest?
- The Ugly Truth Behind SoundHound’s Q3 Results
Receive News & Ratings for MDU Resources Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MDU Resources Group and related companies with MarketBeat.com's FREE daily email newsletter.
