MDU Resources Group (NYSE:MDU) Releases FY 2026 Earnings Guidance

MDU Resources Group (NYSE:MDU) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.930-1.000 for the period, compared to the consensus EPS estimate of 0.980.

MDU Resources Group Trading Down 6.3%

MDU stock traded down $1.25 during trading on Thursday, hitting $18.57. The company had a trading volume of 4,371,779 shares, compared to its average volume of 1,782,857. The firm has a 50-day moving average price of $19.13 and a 200-day moving average price of $20.56. MDU Resources Group has a 12 month low of $18.24 and a 12 month high of $22.98. The company has a quick ratio of 0.95, a current ratio of 0.99 and a debt-to-equity ratio of 0.88. The stock has a market cap of $3.80 billion, a price-to-earnings ratio of 19.55, a PEG ratio of 3.63 and a beta of 0.66.

MDU Resources Group (NYSE:MDU) last released its earnings results on Thursday, November 5th. The utilities provider reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). The firm had revenue of $347.80 million for the quarter, compared to the consensus estimate of $346.63 million. MDU Resources Group had a return on equity of 6.89% and a net margin of 10.75%. The company’s revenue was up 10.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.09 EPS. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. As a group, analysts predict that MDU Resources Group will post 0.98 earnings per share for the current year.

MDU Resources Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 10th were paid a dividend of $0.1450 per share. This represents a $0.58 dividend on an annualized basis and a dividend yield of 3.1%. This is a positive change from MDU Resources Group’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Thursday, September 10th. MDU Resources Group’s payout ratio is presently 61.05%.

Analyst Upgrades and Downgrades

Several brokerages have commented on MDU. Wells Fargo & Company assumed coverage on shares of MDU Resources Group in a research report on Monday, July 13th. They set an “overweight” rating and a $25.00 target price for the company. JPMorgan Chase & Co. raised MDU Resources Group from a “neutral” rating to an “overweight” rating and set a $27.00 price objective for the company in a research note on Thursday, August 6th. Finally, Weiss Ratings downgraded MDU Resources Group from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, October 21st. Two research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $23.75.

Key MDU Resources Group News

Here are the key news stories impacting MDU Resources Group this week:

• Positive Sentiment: MDU reached a positive final investment decision on its Bakken East Pipeline, advancing a strategic growth project intended to serve rising energy demand. The company also reported stronger electric utility earnings. MDU Resources third-quarter results
• Positive Sentiment: Quarterly revenue increased 10.4% year over year to $347.8 million, slightly ahead of analyst expectations. MDU quarterly earnings
• Neutral Sentiment: MDU reaffirmed 2026 EPS guidance of $0.93 to $1.00, a range that includes the $0.98 analyst consensus but does not signal an increase to its outlook. MDU Resources guidance
• Negative Sentiment: Adjusted EPS was $0.08, below the $0.10 consensus and down from $0.09 a year earlier. Higher costs weighed on results; reported net income also declined to $14.0 million from $18.4 million in the year-ago quarter. The earnings miss and year-over-year declines likely outweighed the revenue beat. MDU Q3 earnings and costs

About MDU Resources Group

MDU Resources Group, Inc is a regulated energy delivery company headquartered in Bismarck, North Dakota. Through its utility and pipeline businesses, the company provides electric and natural gas services to residential, commercial, industrial and institutional customers.

Montana-Dakota Utilities operates electric generation, transmission and distribution systems, as well as natural gas distribution networks, across parts of North Dakota, South Dakota, Montana and Wyoming. Great Plains Natural Gas provides natural gas service in portions of Minnesota.