MDU Resources Group (NYSE:MDU – Get Free Report) released its earnings results on Friday. The utilities provider reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.02), FiscalAI reports. The business had revenue of $347.75 million for the quarter, compared to the consensus estimate of $346.63 million. MDU Resources Group had a net margin of 10.75% and a return on equity of 6.89%. The firm’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.09 EPS.
MDU Resources Group Stock Performance
MDU stock traded up $0.09 during mid-day trading on Friday, reaching $18.61. The company had a trading volume of 3,246,720 shares, compared to its average volume of 1,789,697. The company has a quick ratio of 0.95, a current ratio of 0.99 and a debt-to-equity ratio of 0.88. The stock has a market capitalization of $3.81 billion, a P/E ratio of 19.59, a P/E/G ratio of 3.66 and a beta of 0.66. MDU Resources Group has a one year low of $18.14 and a one year high of $22.98. The stock’s 50-day simple moving average is $19.07 and its two-hundred day simple moving average is $20.54.
MDU Resources Group Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th were given a $0.1450 dividend. This is a boost from MDU Resources Group’s previous quarterly dividend of $0.14. This represents a $0.58 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Thursday, September 10th. MDU Resources Group’s dividend payout ratio is 61.05%.
MDU Resources Group News Summary
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
Analysts Set New Price Targets
MDU has been the subject of several research reports. JPMorgan Chase & Co. raised shares of MDU Resources Group from a “neutral” rating to an “overweight” rating and set a $27.00 price target for the company in a report on Thursday, August 6th. Weiss Ratings lowered shares of MDU Resources Group from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, October 21st. Finally, Wells Fargo & Company initiated coverage on shares of MDU Resources Group in a report on Monday, July 13th. They issued an “overweight” rating and a $25.00 target price on the stock. Two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, MDU Resources Group has an average rating of “Hold” and a consensus price target of $23.75.
Get Our Latest Stock Report on MDU Resources Group
About MDU Resources Group
MDU Resources Group, Inc is a regulated energy delivery company headquartered in Bismarck, North Dakota. Through its utility and pipeline businesses, the company provides electric and natural gas services to residential, commercial, industrial and institutional customers.
Montana-Dakota Utilities operates electric generation, transmission and distribution systems, as well as natural gas distribution networks, across parts of North Dakota, South Dakota, Montana and Wyoming. Great Plains Natural Gas provides natural gas service in portions of Minnesota.
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