NYSE:MDU

MDU Resources Group (MDU) Stock Forecast, Price & News

$18.70

+0.04 (+0.21%)

(As of 10/3/2023 ET)

Compare

Today's Range: $18.45
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$18.76
50-Day Range: $18.66
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$22.45
52-Week Range: $18.44
▼
$22.55

Volume: 1.36 million shs
Average Volume: 1.35 million shs
Market Capitalization: $3.81 billion

P/E Ratio: 8.78
Dividend Yield: 2.67%
Price Target: N/A

MDU Resources Group MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
1.07% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -6.18
Upright™ Environmental Score
News Sentiment: 0.89
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 8.09%
From $1.36 to $1.47 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.59 out of 5 stars

Utilities Sector

40th out of 86 stocks

Mining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry

6th out of 18 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for MDU Resources Group.

5.0

Short Interest

Percentage of Shares Shorted
1.07% of the float of MDU Resources Group has been sold short.
Short Interest Ratio / Days to Cover
MDU Resources Group has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in MDU Resources Group has recently decreased by 35.09%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
MDU Resources Group pays a meaningful dividend of 2.68%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
MDU Resources Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of MDU Resources Group is 23.47%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, MDU Resources Group will have a dividend payout ratio of 34.01% next year. This indicates that MDU Resources Group will be able to sustain or increase its dividend.

1.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
MDU Resources Group has received a -39.26% net impact score from Upright. The largest negative impact of Mdu Resources in category "GHG emissions" seems to be driven mostly by its "Construction of airports", "Construction of natural gas pipelines", "Construction of roads", "Construction of bridges", "Natural gas distribution equipment maintenance", and "Construction of telecommunications infrastructure" products. See details.
Environmental Sustainability
The Environmental Impact score for MDU Resources Group is -6.18.

2.7

News and Social Media Coverage

News Sentiment
MDU Resources Group has a news sentiment score of 0.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Utilities companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for MDU Resources Group this week, compared to 3 articles on an average week.
Search Interest
24 people have searched for MDU on MarketBeat in the last 30 days. This is an increase of 71% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added MDU Resources Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, MDU Resources Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.89% of the stock of MDU Resources Group is held by insiders.
Percentage Held by Institutions
71.24% of the stock of MDU Resources Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for MDU Resources Group are expected to grow by 8.09% in the coming year, from $1.36 to $1.47 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of MDU Resources Group is 8.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.01.
Price to Earnings Ratio vs. Sector
The P/E ratio of MDU Resources Group is 8.78, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 91.20.
Price to Earnings Growth Ratio
MDU Resources Group has a PEG Ratio of 2.39. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
MDU Resources Group has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About MDU Resources Group (NYSE:MDU) Stock

MDU Resources Group, Inc. engages in the regulated energy delivery, and construction materials and services businesses in the United States. It operates through five segments: Electric, Natural Gas Distribution, Pipeline, Construction Materials and Contracting, 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 84 transmission and 294 distribution substations. The Natural Gas Distribution segment distributes natural gas for residential, commercial, and industrial customers in Idaho, Minnesota, Montana, North Dakota, Oregon, South Dakota, Washington, and Wyoming; and offers related value-added services. The Pipeline segment provides natural gas transportation and underground storage services through a regulated pipeline system primarily in the Rocky Mountain and northern Great Plains regions; and cathodic protection and other energy-related services. The Construction Materials and Contracting segment mines, processes, and sells construction aggregates; produces and sells asphalt; supplies ready-mixed concrete; and sells cement, finished concrete products, merchandise and other building materials, and related contracting services. The Construction Services segment constructs and maintains electrical and communication wiring and infrastructure, fire suppression systems, mechanical piping, and services; overhead and underground electrical, gas, and communication infrastructure construction and maintenance services; and manufactures and distributes transmission lines construction equipment and tools. It serves manufacturing, commercial, industrial, transportation, institutional, and renewable and government customers, as well as utilities. The company was founded in 1924 and is headquartered in Bismarck, North Dakota.

MDU Price History

30 days | 90 days | 365 days | Advanced Chart

MDU Stock News Headlines

September 27, 2023 | finance.yahoo.com

With 73% institutional ownership, MDU Resources Group, Inc. (NYSE:MDU) is a favorite amongst the big guns

September 26, 2023 | thestreet.com

MDU Resources Group Stock To Go Ex-dividend Tuesday (MDU)

October 4, 2023 | Edge On The Street (Ad)

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September 14, 2023 | finance.yahoo.com

MDU Resources to Host Investor Day Nov. 21 at New York Stock Exchange

September 7, 2023 | finance.yahoo.com

Down -7.18% in 4 Weeks, Here's Why MDU Resources (MDU) Looks Ripe for a Turnaround

September 5, 2023 | finance.yahoo.com

MDU Resources (MDU) to Gain From Spin-off, Systematic Investments

August 31, 2023 | finance.yahoo.com

MDU Resources Group's (NYSE:MDU) Dividend Will Be Reduced To $0.125

August 30, 2023 | finance.yahoo.com

MDU Resources Publishes 2022 Sustainability Report

October 4, 2023 | Wall Street Fundamentals (Ad)

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August 28, 2023 | finance.yahoo.com

4 Gas Distribution Stocks to Watch Amid Dull Industry Prospects

August 17, 2023 | marketwatch.com

MDU Resources Names Kivisto as Next CEO, Succeeding Goodin

August 17, 2023 | finance.yahoo.com

MDU Resources President and CEO Goodin to Retire; Kivisto Named Successor

August 11, 2023 | finance.yahoo.com

National Fuel Gas (NFG) to Gain From Expanding Operations

August 4, 2023 | finance.yahoo.com

Q2 2023 MDU Resources Group Inc Earnings Call

August 3, 2023 | finance.yahoo.com

MDU Resources' (MDU) Q2 Earnings and Revenues Increase Y/Y

August 3, 2023 | seekingalpha.com

MDU Resources declares $0.125 dividend

August 3, 2023 | finance.yahoo.com

MDU Resources Reports Higher Second Quarter Earnings, Increases Guidance

August 3, 2023 | finance.yahoo.com

MDU Resources Declares Quarterly Dividend on Common Stock, Establishes Future Dividend Target

August 3, 2023 | markets.businessinsider.com

What Wall Street expects from MDU Resources Group's earnings

July 27, 2023 | msn.com

Citigroup Maintains MDU Resources Group (MDU) Neutral Recommendation

July 21, 2023 | seekingalpha.com

MDU Resources: A Dividend Aristocrat With Upside Potential

July 13, 2023 | finance.yahoo.com

MDU Resources to Webcast Second Quarter 2023 Earnings Conference Call

July 10, 2023 | marketwatch.com

MDU Resources to Spin Off Construction Services Unit

July 10, 2023 | msn.com

MDU Resource to seek separation of construction services business

July 10, 2023 | finance.yahoo.com

MDU Resources to Pursue Tax-Advantaged Separation of Construction Services Business

July 5, 2023 | finance.yahoo.com

MDU Resources Group, Inc.: Maintaining HOLD following 1Q results

June 8, 2023 | finance.yahoo.com

Zacks Industry Outlook Highlights Atmos Energy, NewJersey Resources Corporation, MDU Resources Group and Spire

See More Headlines

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MDU Company Calendar

Last Earnings: 8/03/2023
Ex-Dividend for 10/1 Dividend: 9/13/2023
Dividend Payable: 10/01/2023
Today: 10/04/2023
Next Earnings (Estimated): 11/02/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Mining & quarrying of nonmetallic minerals, except fuels
Sub-Industry: Multi-Utilities
Sector: Utilities
Current Symbol: NYSE:MDU
CUSIP: 55269010
CIK: 67716
Web: www.mdu.com
Phone: (701) 530-1000
Fax: 701-222-7606
Employees: 14,929
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $2.13
Trailing P/E Ratio: 8.78
Forward P/E Ratio: 13.75
P/E Growth: 2.5
Net Income: $367.49 million
Net Margins: 6.51%
Pretax Margin: 9.51%
Return on Equity: 11.50%
Return on Assets: 4.18%

Debt

Debt-to-Equity Ratio: 0.83
Current Ratio: 1.37
Quick Ratio: 1.31

Sales & Book Value

Annual Sales: $6.97 billion
Price / Sales: 0.55
Cash Flow: $3.33 per share
Price / Cash Flow: 5.61
Book Value: $17.64 per share
Price / Book: 1.06

Miscellaneous

Outstanding Shares: 203,640,000
Free Float: 201,826,000
Market Cap: $3.81 billion
Optionable: Optionable
Beta: 0.77

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Key Executives

Mr. David L. Goodin (Age 61)
Pres, CEO & Director
Comp: $1.98M

Mr. Jason L. Vollmer (Age 46)
VP, CFO & Treasurer
Comp: $906.34k

Ms. Nicole A. Kivisto (Age 50)
CEO & Pres of Cascade Natural Gas Corp, Intermountain Gas Co & Montana-Dakota Utilities Co.
Comp: $875.52k

Mr. Jeffrey S. Thiede (Age 61)
Pres & CEO of MDU Construction Services Group, Inc
Comp: $1.31M

Ms. Stephanie A. Barth (Age 51)
VP, Chief Accounting Officer & Controller

Ms. Margaret A Link (Age 56)
VP & Chief Information Officer

Mr. Paul R. Sanderson
VP, Chief Legal Officer & Sec.

Laura Lueder
Mang. of Communications & Public Affairs

Ms. Anne M. Jones (Age 59)
VP & Chief HR Officer

Mr. Trevor J. Hastings (Age 49)
Pres & CEO of WBI Energy, Inc.

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

MDU Stock - Frequently Asked Questions

Should I buy or sell MDU Resources Group stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MDU Resources Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MDU shares.
View MDU analyst ratings or view top-rated stocks.
How have MDU shares performed in 2023?: MDU Resources Group's stock was trading at $30.34 at the beginning of 2023. Since then, MDU shares have decreased by 38.4% and is now trading at $18.6950.
View the best growth stocks for 2023 here.
Are investors shorting MDU Resources Group?: MDU Resources Group saw a drop in short interest during the month of September. As of September 15th, there was short interest totaling 2,090,000 shares, a drop of 35.1% from the August 31st total of 3,220,000 shares. Based on an average daily volume of 1,870,000 shares, the short-interest ratio is currently 1.1 days. Approximately 1.1% of the shares of the stock are short sold.
View MDU Resources Group's Short Interest.
When is MDU Resources Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our MDU earnings forecast.
How were MDU Resources Group's earnings last quarter?: MDU Resources Group, Inc. (NYSE:MDU) issued its earnings results on Thursday, August, 3rd. The utilities provider reported $0.29 earnings per share (EPS) for the quarter. The utilities provider had revenue of $1.09 billion for the quarter. MDU Resources Group had a net margin of 6.51% and a trailing twelve-month return on equity of 11.50%.
How often does MDU Resources Group pay dividends? What is the dividend yield for MDU Resources Group?: MDU Resources Group declared a quarterly dividend on Thursday, August 3rd. Stockholders of record on Thursday, September 14th will be paid a dividend of $0.125 per share on Sunday, October 1st. This represents a $0.50 annualized dividend and a yield of 2.67%. The ex-dividend date of this dividend is Wednesday, September 13th.
Read our dividend analysis for MDU.
What ETFs hold MDU Resources Group's stock?: ETFs with the largest weight of MDU Resources Group (NYSE:MDU) stock in their portfolio include First Trust RBA American Industrial Renaissance ETF (AIRR), LeaderShares Activist Leaders ETF (ACTV), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), First Trust Industrials/Producer Durables AlphaDEX Fund (FXR) and First Trust Mid Cap Value AlphaDEX Fund (FNK).iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV).
Is MDU Resources Group a good dividend stock?: MDU Resources Group (NYSE:MDU) pays an annual dividend of $0.50 per share and currently has a dividend yield of 2.55%. The dividend payout ratio is 23.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MDU will have a dividend payout ratio of 34.01% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MDU.

What is Terry D. Hildestad's approval rating as MDU Resources Group's CEO?: 10 employees have rated MDU Resources Group Chief Executive Officer Terry D. Hildestad on Glassdoor.com. Terry D. Hildestad has an approval rating of 76% among the company's employees.
What other stocks do shareholders of MDU Resources Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other MDU Resources Group investors own include AT&T (T), Johnson & Johnson (JNJ), AbbVie (ABBV), Verizon Communications (VZ), Altria Group (MO), Pfizer (PFE), Cisco Systems (CSCO), Exxon Mobil (XOM), Enterprise Products Partners (EPD) and General Electric (GE).
What is MDU Resources Group's stock symbol?: MDU Resources Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "MDU."
How do I buy shares of MDU Resources Group?: Shares of MDU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is MDU Resources Group's stock price today?: One share of MDU stock can currently be purchased for approximately $18.70.
How much money does MDU Resources Group make?: MDU Resources Group (NYSE:MDU) has a market capitalization of $3.81 billion and generates $6.97 billion in revenue each year. The utilities provider earns $367.49 million in net income (profit) each year or $2.13 on an earnings per share basis.
How many employees does MDU Resources Group have?: The company employs 14,929 workers across the globe.
How can I contact MDU Resources Group?: MDU Resources Group's mailing address is 1200 WEST CENTURY AVENUE P.O. Box 5650, BISMARCK ND, 58506. The official website for the company is www.mdu.com. The utilities provider can be reached via phone at (701) 530-1000, via email at investor@mduresources.com, or via fax at 701-222-7606.

This page (NYSE:MDU) was last updated on 10/4/2023 by MarketBeat.com Staff

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MDU Resources Group (MDU) Stock Forecast, Price & News

MDU Resources Group MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About MDU Resources Group (NYSE:MDU) Stock

MDU Price History

MDU Stock News Headlines

MDU Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

MDU Stock - Frequently Asked Questions

Overall MarketRank^™