MDU Resources Group (NYSE:MDU) Releases Quarterly Earnings Results, Beats Estimates 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 for the quarter, topping analysts’ consensus estimates of $0.31 by $0.03, Zacks reports. MDU Resources Group had a net margin of 7.31% and a return on equity of 10.20%. MDU Resources Group updated its FY 2025 guidance to 0.880-0.980 EPS.

MDU Resources Group Trading Down 2.2 %

Shares of MDU opened at $16.57 on Friday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.07 and a current ratio of 1.15. The company has a market cap of $3.38 billion, a price-to-earnings ratio of 12.00, a PEG ratio of 2.61 and a beta of 0.80. The stock has a fifty day moving average price of $18.33 and a two-hundred day moving average price of $22.61. MDU Resources Group has a 52-week low of $14.91 and a 52-week high of $30.52.

MDU Resources Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 1st. Stockholders of record on Thursday, December 12th were paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.14%. The ex-dividend date of this dividend was Thursday, December 12th. MDU Resources Group’s dividend payout ratio (DPR) is currently 37.68%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on MDU. Jefferies Financial Group began 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. Siebert Williams Shank upgraded MDU Resources Group from a “hold” rating to a “buy” rating and set a $19.00 price objective on the stock in a research report on Monday, November 4th. Bank of America upgraded MDU Resources Group from a “neutral” rating to a “buy” rating and cut their target price for the company from $31.00 to $17.00 in a research note on Tuesday, November 5th. Finally, StockNews.com lowered shares of MDU Resources Group from a “hold” rating to a “sell” rating in a research report on Friday. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price 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.