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

MDU Resources Group (NYSE:MDU) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.930-1.000 for the period, compared to the consensus estimate of 0.980.

Analysts Set New Price Targets

MDU has been the subject of a number of research analyst reports. JPMorgan Chase & Co. upgraded MDU Resources Group from a “neutral” rating to an “overweight” rating and set a $27.00 price target for the company in a research report on Thursday, August 6th. Weiss Ratings cut shares of MDU Resources Group from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, October 21st. Finally, Wells Fargo & Company initiated coverage on shares of MDU Resources Group in a research report on Monday, July 13th. They issued an “overweight” rating and a $25.00 price objective on the stock. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, MDU Resources Group currently has an average rating of “Hold” and an average price target of $23.75.

MDU Resources Group Stock Performance

MDU Resources Group stock opened at $18.57 on Friday. MDU Resources Group has a fifty-two week low of $18.24 and a fifty-two week high of $22.98. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.95 and a current ratio of 0.99. The stock has a market cap of $3.80 billion, a P/E ratio of 19.55, a price-to-earnings-growth ratio of 3.66 and a beta of 0.66. The firm’s fifty day moving average price is $19.10 and its 200-day moving average price is $20.55.

MDU Resources Group (NYSE:MDU) last announced its earnings results on Friday, November 6th. The utilities provider reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.02). The company had revenue of $347.75 million during the quarter, compared to analysts’ expectations of $346.63 million. MDU Resources Group had a return on equity of 6.89% and a net margin of 10.75%. The firm’s revenue was up 10.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.09 earnings per share. 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 Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th were paid a dividend of $0.1450 per share. This represents a $0.58 annualized dividend and a yield of 3.1%. This is an increase from MDU Resources Group’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Thursday, September 10th. MDU Resources Group’s dividend payout ratio is presently 61.05%.

Key MDU Resources Group News

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

• Positive Sentiment: Revenue rose 10.4% year over year to $347.8 million, slightly exceeding analyst expectations. The company also reported stronger electric utility earnings. MDU Resources Q3 results
• Positive Sentiment: MDU reaffirmed its 2026 EPS guidance of $0.93–$1.00, and reached a positive final investment decision on the Bakken East Pipeline, a potential long-term growth initiative. MDU Resources Q3 results
• Negative Sentiment: Adjusted third-quarter EPS was $0.08, below the $0.10 consensus estimate and down from $0.09 a year earlier; reported net income also declined to $14.0 million from $18.4 million. Higher costs offset revenue growth, likely weighing on sentiment. MDU Q3 earnings miss amid higher costs

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.