MDU Resources Group (NYSE:MDU) Updates FY 2025 Earnings Guidance

Key Points

• MDU Resources Group has revised its FY 2025 earnings guidance, expecting earnings per share between $0.880 and $0.950, which is below the consensus estimate of $0.963.
• MDU's shares experienced a 6.7% drop, trading at $16.33, after the earnings guidance update, with significant trading volume of over 3 million shares.
• The company declared a quarterly dividend of $0.13, representing an annualized dividend of $0.52 with a yield of 3.2% and a payout ratio of 40.31%.

MDU Resources Group (NYSE:MDU - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 0.880-0.950 for the period, compared to the consensus earnings per share estimate of 0.963. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded MDU Resources Group from a "sell" rating to a "hold" rating in a research note on Monday, May 12th.

MDU Resources Group Stock Down 6.7%

Shares of MDU stock traded down $1.17 during trading hours on Thursday, hitting $16.33. 3,106,664 shares of the company were exchanged, compared to its average volume of 1,684,722. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.82 and a current ratio of 0.85. MDU Resources Group has a one year low of $14.91 and a one year high of $30.52. The business's 50-day simple moving average is $16.77 and its two-hundred day simple moving average is $16.92. The stock has a market capitalization of $3.34 billion, a price-to-earnings ratio of 12.66, a P/E/G ratio of 2.68 and a beta of 0.73.

MDU Resources Group (NYSE:MDU - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The utilities provider reported $0.07 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.06). MDU Resources Group had a return on equity of 9.86% and a net margin of 7.93%. The company had revenue of $351.20 million for the quarter, compared to the consensus estimate of $315.67 million. During the same period in the previous year, the business posted $0.32 EPS. The business's revenue for the quarter was up 1.9% on a year-over-year basis. Sell-side analysts predict that MDU Resources Group will post 0.94 EPS for the current fiscal year.

MDU Resources Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders of record on Thursday, June 12th were issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 3.2%. MDU Resources Group's dividend payout ratio is currently 40.31%.

Hedge Funds Weigh In On MDU Resources Group

An institutional investor recently raised its position in MDU Resources Group stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of MDU Resources Group, Inc. (NYSE:MDU - Free Report) by 8.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 499,908 shares of the utilities provider's stock after buying an additional 39,978 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned 0.24% of MDU Resources Group worth $8,453,000 as of its most recent filing with the Securities and Exchange Commission. 71.44% of the stock is owned by institutional investors and hedge funds.

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.

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