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

Key Points

• MDU Resources issued FY 2026 EPS guidance of $0.93–$1.00, broadly in line with analysts’ consensus estimate of $0.98. The company did not provide meaningful revenue guidance in the announcement.
• In its latest quarter, MDU reported EPS of $0.10, beating estimates by $0.01, while revenue of $375.2 million fell short of the $396.6 million consensus estimate; revenue nevertheless increased 6.8% year over year.
• Shares rose 1.6% to $20.34, while analysts maintained a consensus “Hold” rating and an average price target of $22.40. MDU also pays a quarterly dividend of $0.14, equating to a 2.8% yield.

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 earnings per share estimate of 0.980. The company issued revenue guidance of -.

MDU Resources Group Stock Up 1.6%

Shares of MDU traded up $0.32 during trading hours on Thursday, reaching $20.34. The stock had a trading volume of 598,085 shares, compared to its average volume of 1,762,372. The company has a market capitalization of $4.16 billion, a price-to-earnings ratio of 22.03, a P/E/G ratio of 3.72 and a beta of 0.67. The firm has a 50-day simple moving average of $20.95 and a 200 day simple moving average of $21.11. The company has a current ratio of 0.78, a quick ratio of 0.75 and a debt-to-equity ratio of 0.82. MDU Resources Group has a 12 month low of $15.76 and a 12 month high of $22.98.

MDU Resources Group (NYSE:MDU - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The utilities provider reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.01. The firm had revenue of $375.20 million for the quarter, compared to the consensus estimate of $396.56 million. MDU Resources Group had a net margin of 10.47% and a return on equity of 6.82%. The business's revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.07 earnings per share. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. Equities research analysts predict that MDU Resources Group will post 0.98 earnings per share for the current fiscal year.

MDU Resources Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Thursday, June 11th were given a $0.14 dividend. The ex-dividend date was Thursday, June 11th. This represents a $0.56 annualized dividend and a dividend yield of 2.8%. MDU Resources Group's payout ratio is 60.87%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on MDU shares. Wells Fargo & Company began coverage on shares of MDU Resources Group in a research report on Monday, July 13th. They set an "overweight" rating and a $25.00 price objective on the stock. JPMorgan Chase & Co. started coverage on MDU Resources Group in a report on Thursday, April 16th. They issued a "neutral" rating and a $22.00 price objective for the company. TD Cowen upped their target price on MDU Resources Group to $22.00 and gave the stock a "hold" rating in a research note on Friday, May 15th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of MDU Resources Group in a research report on Wednesday, July 8th. Two equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $22.40.

Hedge Funds Weigh In On MDU Resources Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd boosted its stake in MDU Resources Group by 6,404.3% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,496 shares of the utilities provider's stock worth $27,000 after acquiring an additional 1,473 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of MDU Resources Group by 94.5% during the second quarter. Geneos Wealth Management Inc. now owns 1,647 shares of the utilities provider's stock valued at $27,000 after purchasing an additional 800 shares in the last quarter. Global Retirement Partners LLC grew its stake in shares of MDU Resources Group by 13,185.7% during the 4th quarter. Global Retirement Partners LLC now owns 1,860 shares of the utilities provider's stock valued at $36,000 after purchasing an additional 1,846 shares during the period. McMillan Office Inc. purchased a new position in MDU Resources Group during the fourth quarter valued at approximately $40,000. Finally, EverSource Wealth Advisors LLC lifted its stake in MDU Resources Group by 56.4% in the 2nd 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 in 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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