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

MDU Resources Group (NYSE:MDU) issued an update on 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

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

MDU Resources Group Stock Performance

Shares of NYSE:MDU traded down $0.18 during trading on Friday, hitting $20.57. The stock had a trading volume of 432,865 shares, compared to its average volume of 1,783,315. MDU Resources Group has a 12-month low of $15.76 and a 12-month high of $22.98. The stock has a market capitalization of $4.21 billion, a price-to-earnings ratio of 22.36, a price-to-earnings-growth ratio of 3.71 and a beta of 0.67. The company has a quick ratio of 0.75, a current ratio of 0.78 and a debt-to-equity ratio of 0.82. The stock has a 50-day simple moving average of $20.93 and a two-hundred day simple moving average of $21.11.

MDU Resources Group (NYSE:MDU) last released its earnings results on Thursday, May 7th. The utilities provider reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.03). MDU Resources Group had a return on equity of 6.82% and a net margin of 10.47%.The firm had revenue of $605.98 million for the quarter, compared to analyst estimates of $688.34 million. During the same period last year, the firm earned $0.40 EPS. The company’s revenue for the quarter was down 10.2% compared to the same quarter last year. On average, equities research analysts expect that MDU Resources Group will post 0.98 earnings per share for the current fiscal year.

MDU Resources Group Announces Dividend

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

MDU Resources Group News Summary

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

• Positive Sentiment: Quarterly earnings exceeded expectations. MDU reported second-quarter EPS of $0.10, up from $0.07 a year earlier and above the $0.09 consensus estimate. Net income increased 55.5% to $21.3 million, while revenue rose 6.8% year over year to approximately $375.3 million. MDU Resources Reports Second Quarter 2026 Results
• Positive Sentiment: Infrastructure growth remains a key catalyst. Management highlighted progress on the proposed Bakken East Pipeline Project and said it has secured precedent agreements representing nearly 1.2 billion cubic feet per day of firm transportation capacity. The electric segment also benefited from Badger Wind Farm, rate changes and higher volumes. Why Is MDU Resources Getting Fresh Attention?
• Positive Sentiment: JPMorgan upgraded MDU to Overweight and assigned a $27 price target, implying substantial upside from the recent trading level. The upgrade may improve sentiment and draw attention to MDU’s utility and infrastructure growth prospects.
• Neutral Sentiment: Management reaffirmed 2026 adjusted EPS guidance of $0.93 to $1.00. However, the midpoint is modestly below the $0.98 analyst consensus, making execution on growth projects important for future upside. MDU Resources Q2 2026 Earnings Call Transcript
• Negative Sentiment: Revenue of about $375 million fell short of analysts’ approximately $397 million expectation. The natural-gas distribution segment remained loss-making, and pipeline earnings declined year over year, which could weigh on near-term investor confidence. MDU Resources Q2 Earnings Beat Estimates

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Barrow Hanley Mewhinney & Strauss LLC grew its holdings in MDU Resources Group by 41.3% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 12,894,945 shares of the utilities provider’s stock worth $251,709,000 after acquiring an additional 3,766,737 shares during the period. Dimensional Fund Advisors LP raised its holdings in MDU Resources Group by 2.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 10,031,797 shares of the utilities provider’s stock worth $195,824,000 after purchasing an additional 267,700 shares during the period. Earnest Partners LLC boosted its position in MDU Resources Group by 678.2% during the fourth quarter. Earnest Partners LLC now owns 9,946,196 shares of the utilities provider’s stock worth $194,150,000 after purchasing an additional 8,668,137 shares in the last quarter. State Street Corp grew its holdings in MDU Resources Group by 4.1% in the fourth quarter. State Street Corp now owns 7,121,385 shares of the utilities provider’s stock valued at $139,991,000 after purchasing an additional 281,025 shares during the period. Finally, First Trust Advisors LP raised its stake in shares of MDU Resources Group by 2,442.7% during the 4th quarter. First Trust Advisors LP now owns 4,436,521 shares of the utilities provider’s stock worth $86,601,000 after buying an additional 4,262,042 shares during the period. Hedge funds and other institutional investors own 71.44% of the company’s stock.

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.