MDU Resources Group (NYSE:MDU) Announces Earnings Results, Beats Expectations By $0.04 EPS

MDU Resources Group (NYSE:MDU - Get Free Report) released its earnings results on Thursday. The utilities provider reported $0.40 earnings per share for the quarter, beating analysts' consensus estimates of $0.36 by $0.04, Zacks reports. MDU Resources Group had a net margin of 7.31% and a return on equity of 10.20%. The company had revenue of $674.80 million for the quarter, compared to analysts' expectations of $653.13 million. During the same quarter in the previous year, the company earned $0.52 EPS. MDU Resources Group's revenue for the quarter was up 14.7% on a year-over-year basis. MDU Resources Group updated its FY 2025 guidance to 0.880-0.980 EPS.

MDU Resources Group Price Performance

Shares of MDU stock traded down $0.36 during trading hours on Wednesday, hitting $16.66. The stock had a trading volume of 209,724 shares, compared to its average volume of 2,466,512. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.15 and a quick ratio of 1.07. The stock has a market capitalization of $3.40 billion, a price-to-earnings ratio of 12.06, a PEG ratio of 2.76 and a beta of 0.72. MDU Resources Group has a one year low of $13.23 and a one year high of $20.39. The stock's 50-day moving average price is $16.80 and its two-hundred day moving average price is $17.88.

MDU Resources Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Thursday, March 13th were given a dividend of $0.13 per share. The ex-dividend date was Thursday, March 13th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.12%. MDU Resources Group's payout ratio is 40.31%.

Analyst Ratings Changes

Separately, StockNews.com raised MDU Resources Group from a "sell" rating to a "hold" rating in a research note on Monday. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average 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.