MDU Resources Group, Inc. (NYSE:MDU) Receives $22.40 Average PT from Analysts

Shares of MDU Resources Group, Inc. (NYSE:MDU) have been assigned a consensus rating of “Hold” from the seven research firms that are currently covering the firm, MarketBeat.com reports. Five analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12-month price target among brokerages that have covered the stock in the last year is $22.40.

Several research firms recently weighed in on MDU. 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 price target on the stock. TD Cowen raised their target price on shares of MDU Resources Group to $22.00 and gave the stock a “hold” rating in a research report on Friday, May 15th. JPMorgan Chase & Co. began coverage on shares of MDU Resources Group in a research note on Thursday, April 16th. They set a “neutral” rating and a $22.00 target price on the stock. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of MDU Resources Group in a research report on Wednesday, July 8th.

MDU Resources Group Stock Performance

Shares of NYSE:MDU opened at $20.98 on Friday. The company has a current ratio of 0.78, a quick ratio of 0.75 and a debt-to-equity ratio of 0.82. The company has a 50-day moving average price of $21.34 and a 200-day moving average price of $21.07. The company has a market cap of $4.29 billion, a price-to-earnings ratio of 22.80, a price-to-earnings-growth ratio of 3.86 and a beta of 0.67. MDU Resources Group has a 12 month low of $15.76 and a 12 month high of $22.98.

MDU Resources Group (NYSE:MDU) last announced its quarterly earnings results on Thursday, May 7th. The utilities provider reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.03). The business had revenue of $605.98 million for the quarter, compared to analysts’ expectations of $688.34 million. MDU Resources Group had a net margin of 10.47% and a return on equity of 6.82%. The firm’s revenue for the quarter was down 10.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.40 EPS. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. As a group, equities analysts anticipate that MDU Resources Group will post 0.98 EPS for the current year.

MDU Resources Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Thursday, June 11th were issued a $0.14 dividend. The ex-dividend date was Thursday, June 11th. This represents a $0.56 annualized dividend and a yield of 2.7%. MDU Resources Group’s dividend payout ratio (DPR) is 60.87%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Arkadios Wealth Advisors increased its holdings in MDU Resources Group by 1.7% in the 1st quarter. Arkadios Wealth Advisors now owns 27,316 shares of the utilities provider’s stock worth $566,000 after acquiring an additional 449 shares in the last quarter. Smith Moore & CO. boosted its position in shares of MDU Resources Group by 4.3% in the fourth quarter. Smith Moore & CO. now owns 12,855 shares of the utilities provider’s stock worth $251,000 after purchasing an additional 535 shares during the period. GAMMA Investing LLC boosted its position in shares of MDU Resources Group by 25.4% in the fourth quarter. GAMMA Investing LLC now owns 2,748 shares of the utilities provider’s stock worth $54,000 after purchasing an additional 556 shares during the period. DMKC Advisory Services LLC increased its stake in shares of MDU Resources Group by 4.2% in the fourth quarter. DMKC Advisory Services LLC now owns 15,048 shares of the utilities provider’s stock worth $294,000 after purchasing an additional 600 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its stake in shares of MDU Resources Group by 40.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,101 shares of the utilities provider’s stock valued at $41,000 after buying an additional 605 shares in the last quarter. Hedge funds and other institutional investors own 71.44% of the company’s stock.

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.