MDU Resources Group, Inc. (NYSE:MDU) Given Average Rating of “Hold” by Brokerages

Shares of MDU Resources Group, Inc. (NYSE:MDU) have received a consensus rating of “Hold” from the seven ratings firms that are presently covering the firm, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $22.40.

A number of research firms have issued reports on MDU. JPMorgan Chase & Co. started coverage on MDU Resources Group in a report on Thursday, April 16th. They set a “neutral” rating and a $22.00 target price for the company. Wells Fargo & Company started coverage on MDU Resources Group in a research report on Monday. They set an “overweight” rating and a $25.00 price objective for the company. Weiss Ratings reiterated a “hold (c)” rating on shares of MDU Resources Group in a report on Wednesday, July 8th. Finally, TD Cowen lifted their target price on MDU Resources Group to $22.00 and gave the company a “hold” rating in a research report on Friday, May 15th.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in MDU Resources Group by 8.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 499,908 shares of the utilities provider’s stock valued at $8,453,000 after buying an additional 39,978 shares during the last quarter. Quantbot Technologies LP bought a new position in shares of MDU Resources Group in the 2nd quarter valued at about $370,000. EverSource Wealth Advisors LLC increased its position in shares of MDU Resources Group by 56.4% in the second 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 during the last quarter. Amundi acquired a new stake in shares of MDU Resources Group in the second quarter valued at about $564,000. Finally, Jump Financial LLC raised its holdings in MDU Resources Group by 355.9% during the second quarter. Jump Financial LLC now owns 178,703 shares of the utilities provider’s stock worth $2,979,000 after acquiring an additional 139,503 shares in the last quarter. Institutional investors and hedge funds own 71.44% of the company’s stock.

MDU Resources Group Stock Performance

Shares of MDU opened at $21.10 on Friday. The firm has a market cap of $4.32 billion, a P/E ratio of 22.93, a PEG ratio of 3.90 and a beta of 0.67. MDU Resources Group has a twelve month low of $15.76 and a twelve month high of $22.98. 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 firm’s 50 day moving average price is $21.44 and its two-hundred day moving average price is $21.04.

MDU Resources Group (NYSE:MDU) last issued its quarterly earnings data on Thursday, May 7th. The utilities provider reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate 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 company had revenue of $605.98 million for the quarter, compared to the consensus estimate of $688.34 million. During the same period in the prior year, the company earned $0.40 EPS. The firm’s revenue was down 10.2% on a year-over-year basis. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. On average, analysts forecast that MDU Resources Group will post 0.98 EPS for the current fiscal year.

MDU Resources Group Dividend Announcement

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