MDU Resources Group, Inc. (NYSE:MDU) Receives Consensus Recommendation of “Hold” from Analysts

MDU Resources Group, Inc. (NYSE:MDU) has been given an average recommendation of “Hold” by the five analysts that are presently covering the firm, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $21.00.

A number of equities analysts have commented on the company. Weiss Ratings restated a “hold (c-)” rating on shares of MDU Resources Group in a research note on Monday, December 29th. Zacks Research upgraded MDU Resources Group from a “strong sell” rating to a “hold” rating in a research report on Thursday, December 4th. Citigroup reissued a “neutral” rating on shares of MDU Resources Group in a report on Thursday, January 15th. Finally, Loop Capital set a $21.00 price target on MDU Resources Group in a research report on Tuesday, February 24th.

Insider Activity

In other news, Director Charles M. Kelley acquired 5,000 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The shares were acquired at an average cost of $20.84 per share, with a total value of $104,200.00. Following the completion of the purchase, the director directly owned 8,031 shares of the company’s stock, valued at $167,366.04. The trade was a 164.96% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.94% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings 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. Envestnet Asset Management Inc. increased its position in MDU Resources Group by 157.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 212,933 shares of the utilities provider’s stock valued at $3,550,000 after acquiring an additional 130,073 shares during the period. Bank of Montreal Can raised its stake in shares of MDU Resources Group by 1.5% during the second quarter. Bank of Montreal Can now owns 58,177 shares of the utilities provider’s stock valued at $970,000 after acquiring an additional 872 shares during the last quarter. Savant Capital LLC raised its stake in shares of MDU Resources Group by 25.3% during the second quarter. Savant Capital LLC now owns 12,744 shares of the utilities provider’s stock valued at $212,000 after acquiring an additional 2,570 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of MDU Resources Group during the second quarter worth $3,431,000. Institutional investors own 71.44% of the company’s stock.

MDU Resources Group Stock Down 0.3%

MDU stock opened at $20.35 on Friday. MDU Resources Group has a fifty-two week low of $15.04 and a fifty-two week high of $21.49. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.84 and a quick ratio of 0.78. The stock has a market capitalization of $4.16 billion, a price-to-earnings ratio of 21.88, a PEG ratio of 3.51 and a beta of 0.75. The business’s fifty day moving average price is $20.56 and its two-hundred day moving average price is $19.53.

MDU Resources Group (NYSE:MDU) last announced its earnings results on Thursday, February 5th. The utilities provider reported $0.37 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.37. MDU Resources Group had a net margin of 10.15% and a return on equity of 6.98%. The company had revenue of $534.00 million during the quarter, compared to analysts’ expectations of $560.72 million. During the same quarter in the previous year, the business posted $0.90 earnings per share. MDU Resources Group’s quarterly revenue was down .3% on a year-over-year basis. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. On average, equities analysts anticipate that MDU Resources Group will post 0.94 earnings per share for the current year.

MDU Resources Group Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Thursday, March 12th will be issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Thursday, March 12th. MDU Resources Group’s dividend payout ratio is 60.22%.

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.