MDU Resources Group (NYSE:MDU) Stock Price Crosses Above 200-Day Moving Average – Time to Sell?

MDU Resources Group, Inc. (NYSE:MDU) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $20.92 and traded as high as $21.93. MDU Resources Group shares last traded at $21.4550, with a volume of 1,854,549 shares trading hands.

Wall Street Analyst Weigh In

Several brokerages have commented on MDU. JPMorgan Chase & Co. initiated coverage on shares of MDU Resources Group in a research note on Thursday, April 16th. They issued a “neutral” rating and a $22.00 price target on the stock. TD Cowen boosted their price objective on shares of MDU Resources Group to $22.00 and gave the stock a “hold” rating in a research report on Friday, May 15th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of MDU Resources Group in a report on Friday, April 10th. One equities research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $21.75.

MDU Resources Group Trading Down 1.9%

The company has a debt-to-equity ratio of 0.82, a current ratio of 0.78 and a quick ratio of 0.75. The firm has a market capitalization of $4.39 billion, a PE ratio of 23.32, a price-to-earnings-growth ratio of 4.05 and a beta of 0.66. The business’s 50-day moving average price is $21.72 and its 200-day moving average price is $20.92.

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

MDU Resources Group Dividend Announcement

The firm also recently announced 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 dividend on an annualized basis 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

Hedge funds have recently made changes to their positions in the business. GoalVest Advisory LLC purchased a new position in shares of MDU Resources Group during the fourth quarter worth about $26,000. Flagship Harbor Advisors LLC purchased a new stake in MDU Resources Group during the 4th quarter valued at approximately $27,000. Caitong International Asset Management Co. Ltd raised its stake in MDU Resources Group by 6,404.3% during 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 acquiring an additional 1,473 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in MDU Resources Group by 94.5% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,647 shares of the utilities provider’s stock worth $27,000 after acquiring an additional 800 shares during the period. Finally, Global Retirement Partners LLC lifted 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 acquiring an additional 1,846 shares during the period. Institutional investors and hedge funds own 71.44% of the company’s stock.

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.