MDU Resources Group, Inc. (MDU) – What Are Brokerages Saying About This Stock?

MDU Resources Group, Inc. (NYSE:MDU) has earned an average rating of “Hold” from the six ratings firms that are covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $23.75.

Several analysts recently weighed in on MDU shares. Wells Fargo & Company initiated coverage on MDU Resources Group in a report on Monday, July 13th. They issued an “overweight” rating and a $25.00 price objective for the company. Weiss Ratings downgraded shares of MDU Resources Group from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. upgraded 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.

MDU Resources Group Stock Down 0.7%

Shares of NYSE:MDU opened at $19.23 on Friday. MDU Resources Group has a 52-week low of $18.24 and a 52-week high of $22.98. The stock has a market cap of $3.94 billion, a P/E ratio of 20.24, a price-to-earnings-growth ratio of 3.55 and a beta of 0.66. The business’s 50 day moving average is $19.21 and its 200 day moving average is $20.61. The company has a quick ratio of 0.95, a current ratio of 0.99 and a debt-to-equity ratio of 0.88.

MDU Resources Group (NYSE:MDU) last issued its earnings results on Thursday, August 6th. The utilities provider reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.01. MDU Resources Group had a return on equity of 6.89% and a net margin of 10.75%. The business had revenue of $375.30 million during the quarter, compared to analyst estimates of $396.56 million. During the same period in the previous year, the company posted $0.07 EPS. MDU Resources Group’s revenue was up 6.8% on a year-over-year basis. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. Sell-side analysts predict that MDU Resources Group will post 0.98 EPS for the current year.

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 issued a dividend of $0.1450 per share. This is an increase from MDU Resources Group’s previous quarterly dividend of $0.14. This represents a $0.58 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date was Thursday, September 10th. MDU Resources Group’s dividend payout ratio (DPR) is currently 61.05%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. BlackRock Inc. purchased a new stake in shares of MDU Resources Group during the 2nd quarter worth $580,127,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in shares of MDU Resources Group during the second quarter valued at about $276,933,000. Dimensional Fund Advisors LP lifted its position in shares of MDU Resources Group by 2.5% during the first quarter. Dimensional Fund Advisors LP now owns 10,285,747 shares of the utilities provider’s stock valued at $213,120,000 after buying an additional 253,950 shares during the last quarter. Bank of America Corp DE lifted its position in shares of MDU Resources Group by 1.6% during the first quarter. Bank of America Corp DE now owns 6,202,460 shares of the utilities provider’s stock valued at $128,515,000 after buying an additional 97,389 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new position in shares of MDU Resources Group during the 2nd quarter worth approximately $49,435,000. 71.44% of the stock is owned by institutional investors.

MDU Resources Group Company Profile

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.