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

Shares of MDU Resources Group, Inc. (NYSE:MDU) have been given an average recommendation of “Hold” by the six analysts that are covering the stock, MarketBeat reports. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $21.75.

Several equities analysts recently issued reports on the company. TD Cowen boosted their price objective on MDU Resources Group to $22.00 and gave the company a “hold” rating in a research report on Friday, May 15th. Loop Capital set a $21.00 price target on MDU Resources Group in a research report on Tuesday, February 24th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of MDU Resources Group in a research report on Friday, April 10th. Finally, JPMorgan Chase & Co. assumed coverage on MDU Resources Group in a research report on Thursday, April 16th. They set a “neutral” rating and a $22.00 price target for the company.

MDU Resources Group Stock Down 0.1%

Shares of NYSE MDU opened at $21.27 on Monday. The firm has a market capitalization of $4.35 billion, a PE ratio of 23.12, a price-to-earnings-growth ratio of 3.94 and a beta of 0.66. The company has a current ratio of 0.78, a quick ratio of 0.75 and a debt-to-equity ratio of 0.82. MDU Resources Group has a 1 year low of $15.76 and a 1 year high of $22.98. The firm’s 50-day moving average is $21.78 and its 200-day moving average is $20.84.

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

MDU Resources Group Dividend Announcement

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

Institutional Investors Weigh In On MDU Resources Group

Large investors have recently added to or reduced their stakes in the business. GoalVest Advisory LLC bought a new stake in MDU Resources Group in the 4th quarter valued at $26,000. Flagship Harbor Advisors LLC acquired a new stake in MDU Resources Group during the 4th quarter worth approximately $27,000. Caitong International Asset Management Co. Ltd boosted its stake in MDU Resources Group by 6,404.3% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,496 shares of the utilities provider’s stock valued at $27,000 after purchasing an additional 1,473 shares during the period. Geneos Wealth Management Inc. grew its holdings in MDU Resources Group by 94.5% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,647 shares of the utilities provider’s stock valued at $27,000 after buying an additional 800 shares in the last quarter. Finally, Global Retirement Partners LLC increased its position in MDU Resources Group by 13,185.7% during the 4th 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. 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.