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S&P 500   4,298.86
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S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
Stock market today: Wall Street drifts higher, marking 4th winning week for S&P 500
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
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3 Mid Caps You Haven't Heard Of But Need To Know About
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
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"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Will NIO Partake In China's Economic Awakening?
Cactus Opens The Cash Flow Wellhead With Flexsteel Acquisition 
S&P 500   4,298.86
DOW   33,876.78
QQQ   354.50
Stock market today: Wall Street drifts higher, marking 4th winning week for S&P 500
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
3 EV Stocks You Need To Have On Your Watchlist
3 Mid Caps You Haven't Heard Of But Need To Know About
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Why Turkey's currency is crashing after Erdogan got reelected
Even at $2,000+ Per Share, These 3 Stocks Are Deals
"Unknown laser company making HUGE profit from Russia-Ukraine War" (Ad)
Will NIO Partake In China's Economic Awakening?
Cactus Opens The Cash Flow Wellhead With Flexsteel Acquisition 
NYSE:MDU

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

$20.82
-0.04 (-0.19%)
(As of 06/9/2023 ET)
Compare
Today's Range
$20.68
$20.88
50-Day Range
$19.68
$30.30
52-Week Range
$19.40
$32.53
Volume
1.08 million shs
Average Volume
1.07 million shs
Market Capitalization
$4.24 billion
P/E Ratio
11.32
Dividend Yield
4.27%
Price Target
$30.50

MDU Resources Group MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
46.5% 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
0.71mentions of MDU Resources Group in the last 14 days
Based on 6 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

Utilities Sector

2nd out of 87 stocks

Mining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry

1st out of 19 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

66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Why Is MDU Resources (MDU) Stock Moving Today?
MDU Resources Completes Spinoff of Knife River
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
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
6/09/2023
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
Mining & quarrying of nonmetallic minerals, except fuels
Sub-Industry
Multi-Utilities
Sector
Utilities
CUSIP
55269010
Employees
14,929
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
+46.4%
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
$3.45 per share
Book Value
$17.64 per share

Miscellaneous

Free Float
201,602,000
Market Cap
$4.24 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 equities research 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 equities research 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 Wall Street analysts have issued 12 month price targets for MDU Resources Group's stock. Their MDU share price forecasts range from $30.00 to $31.00. On average, they expect the company's stock price to reach $30.50 in the next twelve months. This suggests a possible upside of 46.4% 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 beginning of the year. Since then, MDU stock has decreased by 31.3% and is now trading at $20.83.
View the best growth stocks for 2023 here
.

Are investors shorting MDU Resources Group?

MDU Resources Group saw a increase in short interest during 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 daily volume of 1,030,000 shares, the short-interest ratio is presently 3.1 days. Approximately 1.6% of the company's shares 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, August 3rd 2023.
View our MDU earnings forecast
.

How were MDU Resources Group's earnings last quarter?

MDU Resources Group, Inc. (NYSE:MDU) posted its quarterly earnings results on Thursday, May, 4th. The utilities provider reported $0.23 EPS for the quarter, beating the consensus estimate of $0.20 by $0.03. The utilities provider earned $1.74 billion during the quarter, compared to analyst estimates 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 company's revenue for the quarter was up 22.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.16 EPS.

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. Investors of record on Tuesday, June 13th will be given 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 4.27%. The ex-dividend date of this dividend 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 4.23%. 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 number of institutional and retail investors. Top institutional shareholders 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 $20.83.

How much money does MDU Resources Group make?

MDU Resources Group (NYSE:MDU) has a market capitalization of $4.24 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 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 6/10/2023 by MarketBeat.com Staff

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