MDU Resources Group (NYSE:MDU) Stock Bumped Up to Hold by Wall Street Zen

Wall Street Zen upgraded shares of MDU Resources Group (NYSE:MDU – Free Report) from a sell rating to a hold rating in a research note released on Saturday,Wall Street Zen reports.

Other equities analysts have also recently issued research reports about the company. Wells Fargo & Company initiated coverage on MDU Resources Group in a report on Monday, July 13th. They issued an “overweight” rating and a $25.00 price target 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 on the stock in a report on Thursday, August 6th. Finally, Weiss Ratings cut MDU Resources Group from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, October 21st. Two research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, MDU Resources Group has a consensus rating of “Hold” and a consensus target price of $23.75.

Get Our Latest Research Report on MDU Resources Group

MDU Resources Group Stock Up 0.5%

MDU opened at $18.61 on Friday. The company has a fifty day moving average of $19.07 and a two-hundred day moving average of $20.54. The stock has a market capitalization of $3.81 billion, a price-to-earnings ratio of 20.02, a PEG ratio of 3.44 and a beta of 0.66. MDU Resources Group has a fifty-two week low of $18.14 and a fifty-two week high of $22.98. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.95 and a current ratio of 0.99.

MDU Resources Group (NYSE:MDU – Get Free Report) last posted its earnings results on Thursday, November 5th. The utilities provider reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.02). MDU Resources Group had a return on equity of 6.74% and a net margin of 10.33%. The firm had revenue of $347.75 million for the quarter, compared to analysts’ expectations of $346.63 million. During the same period in the previous year, the company earned $0.09 earnings per share. The company’s revenue was up 10.4% compared to the same quarter last year. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. On average, research analysts expect that MDU Resources Group will post 0.98 earnings per share for the current year.

MDU Resources Group Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 10th were issued a $0.1450 dividend. This represents a $0.58 annualized dividend and a yield of 3.1%. The ex-dividend date was Thursday, September 10th. This is a positive change from MDU Resources Group’s previous quarterly dividend of $0.14. MDU Resources Group’s payout ratio is presently 62.37%.

Institutional Investors Weigh In On MDU Resources Group

Several large investors have recently bought and sold shares of MDU. BlackRock Inc. acquired a new stake in MDU Resources Group during the 2nd quarter worth $580,127,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of MDU Resources Group in the second quarter worth about $276,933,000. Dimensional Fund Advisors LP lifted its stake in shares of MDU Resources Group by 2.5% in the first quarter. Dimensional Fund Advisors LP now owns 10,285,747 shares of the utilities provider’s stock worth $213,120,000 after buying an additional 253,950 shares in the last quarter. Bank of America Corp DE acquired a new position in MDU Resources Group during the second quarter worth about $129,159,000. Finally, Hennessy Advisors Inc. boosted its position in MDU Resources Group by 1,840.7% during the third quarter. Hennessy Advisors Inc. now owns 3,487,504 shares of the utilities provider’s stock worth $64,658,000 after acquiring an additional 3,307,797 shares during the last quarter. 71.44% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about MDU Resources Group

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, a strategic growth project intended to serve rising energy demand. The company also reported stronger electric utility earnings. MDU Resources Q3 results and guidance
  • Neutral Sentiment: Third-quarter revenue rose 10.4% year over year to $347.75 million, slightly above analyst estimates. MDU reaffirmed 2026 EPS guidance of $0.93–$1.00, a range that includes the $0.98 consensus estimate but does not represent an increase. MDU Q3 earnings and guidance
  • Negative Sentiment: Adjusted EPS was $0.08, missing the $0.10 consensus and down from $0.09 a year earlier. Consolidated net income also declined to $14.0 million from $18.4 million, with higher costs cited as a factor—likely weighing on investor sentiment. MDU Q3 earnings miss and higher costs

MDU Resources Group Company Profile

(Get Free Report)

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.

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Analyst Recommendations for MDU Resources Group (NYSE:MDU)

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