MDU Resources Group, Inc. (NYSE:MDU) Receives Average Rating of “Hold” from Analysts

MDU Resources Group, Inc. (NYSE:MDU) has earned a consensus rating of “Hold” from the six ratings firms that are currently covering the firm, MarketBeat reports. Five analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $21.75.

A number of research analysts have recently issued reports on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of MDU Resources Group in a report on Friday, April 10th. JPMorgan Chase & Co. assumed coverage on MDU Resources Group in a report on Thursday, April 16th. They issued a “neutral” rating and a $22.00 price target on the stock. TD Cowen lifted their price target on MDU Resources Group to $22.00 and gave the company a “hold” rating in a report on Friday, May 15th. Finally, Loop Capital set a $21.00 price target on MDU Resources Group in a report on Tuesday, February 24th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in MDU. GoalVest Advisory LLC purchased a new position in MDU Resources Group during the 4th quarter worth $26,000. Flagship Harbor Advisors LLC acquired a new position in MDU Resources Group during the 4th quarter valued at approximately $27,000. Geneos Wealth Management Inc. increased its stake in MDU Resources Group by 94.5% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,647 shares of the utilities provider’s stock valued at $27,000 after purchasing an additional 800 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its stake in shares of MDU Resources Group by 6,404.3% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,496 shares of the utilities provider’s stock worth $27,000 after buying an additional 1,473 shares during the period. Finally, Global Retirement Partners LLC lifted its stake in shares of MDU Resources Group by 13,185.7% during the fourth quarter. Global Retirement Partners LLC now owns 1,860 shares of the utilities provider’s stock worth $36,000 after buying an additional 1,846 shares during the period. 71.44% of the stock is currently owned by hedge funds and other institutional investors.

MDU Resources Group Trading Down 1.5%

MDU opened at $21.94 on Thursday. The stock’s fifty day moving average is $21.68 and its two-hundred day moving average is $20.81. The company has a market capitalization of $4.49 billion, a P/E ratio of 23.84, a PEG ratio of 4.12 and a beta of 0.70. MDU Resources Group has a 52 week low of $15.76 and a 52 week high of $22.98. The company has a quick ratio of 0.75, a current ratio of 0.78 and a debt-to-equity ratio of 0.82.

MDU Resources Group (NYSE:MDU) last announced 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 net margin of 10.47% and a return on equity of 6.82%. The company had revenue of $605.98 million during the quarter, compared to analysts’ expectations of $688.34 million. During the same quarter in the prior year, the business posted $0.40 earnings per share. The company’s revenue was down 10.2% compared to the same quarter last year. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. Analysts forecast that MDU Resources Group will post 0.98 earnings per share for the current year.

MDU Resources Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Thursday, June 11th will be 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 is Thursday, June 11th. MDU Resources Group’s payout ratio is 60.87%.

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.