MDU Resources Group (NYSE:MDU) Posts Earnings Results, Beats Expectations By $0.03 EPS

MDU Resources Group (NYSE:MDU) posted its quarterly earnings results on Thursday. The utilities provider reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.03, Zacks reports. MDU Resources Group had a net margin of 8.92% and a return on equity of 11.24%. MDU Resources Group updated its FY 2025 guidance to 0.880-0.980 EPS.

MDU Resources Group Stock Performance

Shares of MDU Resources Group stock traded down $0.40 during midday trading on Friday, hitting $16.54. The company had a trading volume of 1,156,726 shares, compared to its average volume of 2,094,800. The business’s 50 day simple moving average is $18.33 and its two-hundred day simple moving average is $22.61. The stock has a market cap of $3.37 billion, a PE ratio of 8.49, a P/E/G ratio of 2.67 and a beta of 0.80. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.15 and a quick ratio of 1.07. MDU Resources Group has a 1-year low of $14.91 and a 1-year high of $30.52.

MDU Resources Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 1st. Stockholders of record on Thursday, December 12th were paid a $0.13 dividend. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $0.52 annualized dividend and a dividend yield of 3.14%. MDU Resources Group’s payout ratio is 26.67%.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on MDU. StockNews.com began coverage on shares of MDU Resources Group in a research report on Friday, January 3rd. They issued a “hold” rating for the company. Siebert Williams Shank raised shares of MDU Resources Group from a “hold” rating to a “buy” rating and set a $19.00 price target for the company in a research report on Monday, November 4th. Bank of America upgraded MDU Resources Group from a “neutral” rating to a “buy” rating and dropped their price objective for the stock from $31.00 to $17.00 in a report on Tuesday, November 5th. Finally, Jefferies Financial Group initiated coverage on MDU Resources Group in a report on Wednesday, January 8th. They issued a “hold” rating and a $18.00 price objective on the stock. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $21.00.

MDU Resources Group Company Profile

MDU Resources Group, Inc engages in the regulated energy delivery, and construction materials and services businesses in the United States. It operates through four segments: Electric, Natural Gas Distribution, Pipeline, and Construction Services. The Electric segment generates, transmits, and distributes electricity for residential, commercial, industrial, and municipal customers in Montana, North Dakota, South Dakota, and Wyoming; and operates 3,400 miles of transmission lines, 4,800 miles of distribution lines, and 82 transmission and 298 distribution substations.