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S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
10 Best Airline Stocks to Buy
New "Mined in America" Lithium Opportunities? (Ad)
Stock market today: Wall Street listless early ahead of new labor market data
What is a Growth Stock Mutual Fund?
Graphite Shortage Could Derail the $7 Trillion EV Transition (Ad)
Ollie’s Bargain Outlet Goes On Sale 
Will MicroVision Maintain Its Momentum After the Short Squeeze?
Graphite Shortage Could Derail the $7 Trillion EV Transition (Ad)
Campbell Soup Company Leads Staples Stocks Into The Buy Zone
Apple Partnership Strengthens Unity Software's Investment Appeal
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
10 Best Airline Stocks to Buy
New "Mined in America" Lithium Opportunities? (Ad)
Stock market today: Wall Street listless early ahead of new labor market data
What is a Growth Stock Mutual Fund?
Graphite Shortage Could Derail the $7 Trillion EV Transition (Ad)
Ollie’s Bargain Outlet Goes On Sale 
Will MicroVision Maintain Its Momentum After the Short Squeeze?
Graphite Shortage Could Derail the $7 Trillion EV Transition (Ad)
Campbell Soup Company Leads Staples Stocks Into The Buy Zone
Apple Partnership Strengthens Unity Software's Investment Appeal
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
10 Best Airline Stocks to Buy
New "Mined in America" Lithium Opportunities? (Ad)
Stock market today: Wall Street listless early ahead of new labor market data
What is a Growth Stock Mutual Fund?
Graphite Shortage Could Derail the $7 Trillion EV Transition (Ad)
Ollie’s Bargain Outlet Goes On Sale 
Will MicroVision Maintain Its Momentum After the Short Squeeze?
Graphite Shortage Could Derail the $7 Trillion EV Transition (Ad)
Campbell Soup Company Leads Staples Stocks Into The Buy Zone
Apple Partnership Strengthens Unity Software's Investment Appeal
NYSE:MDU

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

$21.04
+0.61 (+2.99%)
(As of 06/7/2023 ET)
Compare
Today's Range
$20.32
$21.07
50-Day Range
$19.68
$30.48
52-Week Range
$19.40
$32.53
Volume
2.17 million shs
Average Volume
1.67 million shs
Market Capitalization
$4.28 billion
P/E Ratio
11.43
Dividend Yield
4.23%
Price Target
$30.50

MDU Resources Group MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
45.0% Upside
$30.50 Price Target
Short Interest
Healthy
1.62% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-6.94
Upright™ Environmental Score
News Sentiment
0.58mentions of MDU Resources Group in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.69%
From $1.30 to $1.40 Per Share

Overall MarketRank

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

2.94 out of 5 stars

Industrials Sector

2nd out of 27 stocks

Conglomerates Industry

1st out of 1 stocks


MDU stock logo

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.

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MDU Stock News Headlines

Graphite Shortage Could Derail the $7 Trillion EV Transition
Graphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.
Why Is MDU Resources (MDU) Stock Moving Today?
MDU Resources Completes Spinoff of Knife River
New "Mined in America" Lithium Opportunities?
The average electric vehicle needs 138 pounds of lithium carbonate for its battery components. But China currently controls the entire lithium supply chain.
MDU Resources Names Chief Legal Officer Successor
Q1 2023 MDU Resources Group Inc Earnings Call
5 Best Conglomerate Stocks to Buy Now
See More Headlines

MDU Price History

MDU Company Calendar

Ex-Dividend for 4/1 Dividend
3/08/2023
Dividend Payable
4/01/2023
Last Earnings
5/04/2023
Today
6/08/2023
Ex-Dividend for 7/1 Dividend
6/12/2023
Dividend Payable
7/01/2023
Next Earnings (Estimated)
8/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Conglomerates
Sub-Industry
Multi-Utilities
CUSIP
55269010
Employees
16,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$30.50
High Stock Price Forecast
$31.00
Low Stock Price Forecast
$30.00
Forecasted Upside/Downside
+45.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$367.49 million
Pretax Margin
6.44%

Debt

Sales & Book Value

Annual Sales
$6.97 billion
Cash Flow
$3.62 per share
Book Value
$17.64 per share

Miscellaneous

Free Float
201,826,000
Market Cap
$4.28 billion
Optionable
Optionable
Beta
0.75

Key Executives

  • Mr. David L. Goodin (Age 61)
    Pres, CEO & Director
    Comp: $1.98M
  • Mr. Jason L. Vollmer (Age 46)
    VP & CFO
    Comp: $906.34k
  • Ms. Nicole A. KivistoMs. 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
  • 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.
  • Mr. Dustin J. Senger
    Treasurer













MDU Stock - Frequently Asked Questions

Should I buy or sell MDU Resources Group stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MDU Resources Group in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" MDU shares.
View MDU analyst ratings
or view top-rated stocks.

What is MDU Resources Group's stock price forecast for 2023?

1 brokers have issued 12 month target prices for MDU Resources Group's stock. Their MDU share price forecasts range from $30.00 to $31.00. On average, they anticipate the company's share price to reach $30.50 in the next twelve months. This suggests a possible upside of 45.0% from the stock's current price.
View analysts price targets for MDU
or view top-rated stocks among Wall Street analysts.

How have MDU shares performed in 2023?

MDU Resources Group's stock was trading at $30.34 at the start of the year. Since then, MDU shares have decreased by 30.7% and is now trading at $21.04.
View the best growth stocks for 2023 here
.

Are investors shorting MDU Resources Group?

MDU Resources Group saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 3,160,000 shares, an increase of 100.0% from the April 30th total of 1,580,000 shares. Based on an average trading volume of 1,030,000 shares, the days-to-cover ratio is presently 3.1 days. Approximately 1.6% of the company's shares are sold short.
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, August 3rd 2023.
View our MDU earnings forecast
.

How were MDU Resources Group's earnings last quarter?

MDU Resources Group, Inc. (NYSE:MDU) released its quarterly earnings data on Thursday, May, 4th. The utilities provider reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.03. The utilities provider earned $1.74 billion during the quarter, compared to analysts' expectations of $1.38 billion. MDU Resources Group had a trailing twelve-month return on equity of 11.25% and a net margin of 5.13%. The business's revenue for the quarter was up 22.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.16 earnings per share.

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, May 4th. Stockholders of record on Tuesday, June 13th will be paid a dividend of $0.2225 per share on Saturday, July 1st. This represents a $0.89 dividend on an annualized basis and a yield of 4.23%. The ex-dividend date is Monday, June 12th.
Read our dividend analysis for MDU
.

Is MDU Resources Group a good dividend stock?

MDU Resources Group (NYSE:MDU) pays an annual dividend of $0.89 per share and currently has a dividend yield of 4.39%. MDU has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 27 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 48.37%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MDU will have a dividend payout ratio of 63.57% 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."

Who are MDU Resources Group's major shareholders?

MDU Resources Group's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.24%), State Street Corp (7.65%), Dimensional Fund Advisors LP (2.42%), Franklin Resources Inc. (2.07%), Barrow Hanley Mewhinney & Strauss LLC (1.62%) and FMR LLC (1.62%). Insiders that own company stock include Daniele Addis, David M Sparby, Nicole A Kivisto and Thomas S Everist.
View institutional ownership trends
.

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 $21.04.

How much money does MDU Resources Group make?

MDU Resources Group (NYSE:MDU) has a market capitalization of $4.28 billion and generates $6.97 billion in revenue each year. The utilities provider earns $367.49 million in net income (profit) each year or $1.84 on an earnings per share basis.

How many employees does MDU Resources Group have?

The company employs 16,000 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 6/8/2023 by MarketBeat.com Staff

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