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

Shares of MDU Resources Group, Inc. (NYSE:MDU) have earned an average rating of “Hold” from the six ratings firms that are presently covering the firm, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $21.75.

Several research analysts recently issued reports on the stock. TD Cowen increased their price target on shares of MDU Resources Group to $22.00 and gave the stock a “hold” rating in a report on Friday, May 15th. JPMorgan Chase & Co. assumed coverage on shares of MDU Resources Group in a report on Thursday, April 16th. They set a “neutral” rating and a $22.00 price target for the company. Finally, Weiss Ratings restated a “hold (c)” rating on shares of MDU Resources Group in a research report on Friday, April 10th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. GoalVest Advisory LLC acquired a new position in MDU Resources Group during the fourth quarter worth about $26,000. Flagship Harbor Advisors LLC acquired a new position in MDU Resources Group during the fourth quarter worth about $27,000. Caitong International Asset Management Co. Ltd grew its position in MDU Resources Group by 6,404.3% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,496 shares of the utilities provider’s stock worth $27,000 after buying an additional 1,473 shares during the period. Geneos Wealth Management Inc. grew its position in MDU Resources Group by 94.5% during the second quarter. Geneos Wealth Management Inc. now owns 1,647 shares of the utilities provider’s stock worth $27,000 after buying an additional 800 shares during the period. Finally, Global Retirement Partners LLC grew its position in MDU Resources Group by 13,185.7% during the fourth quarter. Global Retirement Partners LLC now owns 1,860 shares of the utilities provider’s stock worth $36,000 after buying an additional 1,846 shares during the period. 71.44% of the stock is currently owned by institutional investors and hedge funds.

MDU Resources Group Trading Up 0.8%

NYSE MDU opened at $21.88 on Monday. The stock has a market capitalization of $4.48 billion, a P/E ratio of 23.78, a P/E/G ratio of 4.02 and a beta of 0.66. MDU Resources Group has a 52-week low of $15.76 and a 52-week high of $22.98. The firm has a 50-day moving average price of $21.73 and a 200 day moving average price of $20.89. The company has a quick ratio of 0.75, a current ratio of 0.78 and a debt-to-equity ratio of 0.82.

MDU Resources Group (NYSE:MDU) last posted its quarterly earnings results 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). The firm had revenue of $605.98 million for the quarter, compared to analysts’ expectations of $688.34 million. MDU Resources Group had a return on equity of 6.82% and a net margin of 10.47%.The company’s revenue for the quarter was down 10.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.40 earnings per share. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. Equities research analysts expect that MDU Resources Group will post 0.98 EPS for the current year.

MDU Resources Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Thursday, June 11th will be given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 2.6%. The ex-dividend date is Thursday, June 11th. MDU Resources Group’s dividend payout ratio is presently 60.87%.

MDU Resources Group Company Profile

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.