MDU Resources Group (NYSE:MDU – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 0.930-1.000 for the period, compared to the consensus EPS estimate of 0.970. The company issued revenue guidance of -.
MDU Resources Group Trading Down 0.6%
Shares of MDU opened at $22.33 on Thursday. The business has a 50-day moving average of $21.22 and a 200 day moving average of $20.52. MDU Resources Group has a fifty-two week low of $15.76 and a fifty-two week high of $22.83. The firm has a market cap of $4.57 billion, a P/E ratio of 24.01, a price-to-earnings-growth ratio of 4.14 and a beta of 0.70. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.78 and a current ratio of 0.84.
MDU Resources Group (NYSE:MDU – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The utilities provider reported $0.39 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.03). The business had revenue of $606.00 million for the quarter, compared to analysts’ expectations of $688.34 million. MDU Resources Group had a net margin of 10.15% and a return on equity of 6.98%. MDU Resources Group’s revenue for the quarter was down 10.2% compared to the same quarter last year. During the same period last year, the company earned $0.40 earnings per share. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. As a group, research analysts forecast that MDU Resources Group will post 0.98 EPS for the current year.
MDU Resources Group Dividend Announcement
Analyst Ratings Changes
Several equities analysts recently commented on MDU shares. Weiss Ratings restated a “hold (c)” rating on shares of MDU Resources Group in a research report on Friday, April 10th. Citigroup reissued a “neutral” rating on shares of MDU Resources Group in a report on Thursday, January 15th. Loop Capital set a $21.00 target price on shares of MDU Resources Group in a research note on Tuesday, February 24th. Finally, JPMorgan Chase & Co. began coverage on shares of MDU Resources Group in a research report on Thursday, April 16th. They set a “neutral” rating and a $22.00 target price for the company. One analyst has rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $21.25.
View Our Latest Stock Analysis on MDU Resources Group
Insider Activity
In other news, Director Charles M. Kelley acquired 5,000 shares of the business’s stock in a transaction dated Friday, February 13th. The stock was purchased at an average cost of $20.84 per share, for a total transaction of $104,200.00. Following the acquisition, the director owned 8,031 shares of the company’s stock, valued at $167,366.04. This trade represents a 164.96% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.50% of the company’s stock.
Institutional Trading of MDU Resources Group
Hedge funds and other institutional investors have recently bought and sold shares of the company. Arkadios Wealth Advisors grew its position in MDU Resources Group by 2.2% during the fourth quarter. Arkadios Wealth Advisors now owns 26,867 shares of the utilities provider’s stock valued at $524,000 after acquiring an additional 587 shares during the last quarter. Boothbay Fund Management LLC grew its holdings in shares of MDU Resources Group by 6.5% during the 2nd quarter. Boothbay Fund Management LLC now owns 12,235 shares of the utilities provider’s stock valued at $204,000 after purchasing an additional 742 shares during the last quarter. Geneos Wealth Management Inc. raised its position 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 worth $27,000 after purchasing an additional 800 shares during the period. Janus Henderson Group PLC raised its position in MDU Resources Group by 1.1% in the 4th quarter. Janus Henderson Group PLC now owns 80,928 shares of the utilities provider’s stock worth $1,580,000 after purchasing an additional 875 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its stake in MDU Resources Group by 56.4% in the second quarter. EverSource Wealth Advisors LLC now owns 2,508 shares of the utilities provider’s stock worth $42,000 after purchasing an additional 904 shares during 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.
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