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Economic and National Security Threats Create Lithium Bonanza (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Copper More Critical than Lithium? (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Economic and National Security Threats Create Lithium Bonanza (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Copper More Critical than Lithium? (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Economic and National Security Threats Create Lithium Bonanza (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Copper More Critical than Lithium? (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Economic and National Security Threats Create Lithium Bonanza (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
NYSE:MDU

MDU Resources Group - MDU Stock Forecast, Price & News

$29.56
+0.49 (+1.69%)
(As of 08/9/2022 12:00 AM ET)
Add
Compare
Today's Range
$29.34
$29.71
50-Day Range
$25.50
$29.82
52-Week Range
$24.92
$33.34
Volume
1.54 million shs
Average Volume
1.53 million shs
Market Capitalization
$6.01 billion
P/E Ratio
18.36
Dividend Yield
2.99%
Price Target
$30.00

MDU Resources Group MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
1.5% Upside
$30.00 Price Target
Short Interest
Healthy
2.10% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-6.82
Upright™ Environmental Score
News Sentiment
-0.19mentions of MDU Resources Group in the last 14 days
Based on 17 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
13.51%
From $1.85 to $2.10 Per Share

Overall MarketRank

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

2.05 out of 5 stars

Utilities Sector

58th out of 87 stocks

Mining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry

8th out of 14 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. The company's Electric segment generates, transmits, and distributes electricity for residential, commercial, industrial, and municipal customers in Montana, North Dakota, South Dakota, and Wyoming, as well as operates 3,500 miles of transmission lines and 4,800 miles of distribution lines. Its 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 supply-related value-added services. The company's 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. Its Construction Materials and Contracting segment mines, processes, and sells construction aggregates; produces and sells asphalt mix; and supplies ready-mixed concrete. This segment is also involved in the sale of cement, finished concrete products, and other building materials and related contracting services. The company's Construction Services segment designs, constructs, and maintains electrical and communication wiring and infrastructure, fire suppression systems, mechanical piping and services; overhead and underground electrical, gas, and communication infrastructure; and manufactures and distributes transmission lines construction equipment. 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 Resources Group Price Performance

MDU Stock traded up $0.49 on Tuesday, reaching $29.56. The company had a trading volume of 1,542,215 shares, compared to its average volume of 1,531,364. MDU Resources Group has a 1 year low of $24.92 and a 1 year high of $33.34. The company has a market cap of $6.01 billion, a P/E ratio of 18.06, a PEG ratio of 2.30 and a beta of 0.75. The company's fifty day moving average is $27.21 and its 200 day moving average is $26.99. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.02 and a current ratio of 1.35.

MDU Resources Group (NYSE:MDU - Get Rating) last released its quarterly earnings data on Thursday, August 4th. The utilities provider reported $0.35 EPS for the quarter, missing analysts' consensus estimates of $0.51 by ($0.16). The firm had revenue of $1.70 billion for the quarter, compared to analyst estimates of $1.48 billion. MDU Resources Group had a return on equity of 9.76% and a net margin of 5.32%. The company's quarterly revenue was up 19.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.50 earnings per share. On average, research analysts forecast that MDU Resources Group will post 1.85 earnings per share for the current year.

MDU Resources Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 1st. Stockholders of record on Thursday, June 9th were issued a dividend of $0.2175 per share. The ex-dividend date of this dividend was Wednesday, June 8th. This represents a $0.87 dividend on an annualized basis and a dividend yield of 2.94%. MDU Resources Group's payout ratio is 54.04%.

Wall Street Analyst Weigh In

Separately, Bank of America lowered MDU Resources Group from a "buy" rating to a "neutral" rating and upped their target price for the company from $29.00 to $30.00 in a research note on Friday.

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MDU Stock News Headlines

MDU Resources Group (NYSE:MDU) Downgraded by Bank of America
MDU Resources Q2 Income Drops, misses estimates
MDU Resources Q2 2022 Earnings Preview
MDU Resources Group Inc - Stock Quote MDU
See More Headlines
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MDU Company Calendar

Ex-Dividend for 7/1 Dividend
6/08/2022
Dividend Payable
7/01/2022
Last Earnings
8/04/2022
Today
8/09/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Mining & quarrying of nonmetallic minerals, except fuels
Sub-Industry
Multi-Utilities
Sector
Utilities
CUSIP
55269010
Employees
14,700
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$30.00
High Stock Price Forecast
$30.00
Low Stock Price Forecast
$30.00
Forecasted Upside/Downside
+1.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$378.13 million
Pretax Margin
6.59%

Debt

Sales & Book Value

Annual Sales
$5.68 billion
Cash Flow
$3.39 per share
Book Value
$16.71 per share

Miscellaneous

Free Float
201,541,000
Market Cap
$6.01 billion
Optionable
Optionable
Beta
0.75

Key Executives

  • Mr. David L. Goodin (Age 60)
    Pres, CEO & Director
    Comp: $1.92M
  • Mr. Jason L. Vollmer (Age 45)
    VP & CFO
    Comp: $818.33k
  • Ms. Nicole A. Kivisto (Age 49)
    CEO & Pres of Cascade Natural Gas Corp, Intermountain Gas Co & Montana-Dakota Utilities Co.
    Comp: $923.44k
  • Mr. David C. Barney (Age 66)
    Pres & CEO of Knife River Corp.
    Comp: $1.04M
  • Mr. Jeffrey S. Thiede (Age 60)
    Pres & CEO of MDU Construction Services Group, Inc
    Comp: $972.78k
  • Ms. Stephanie A. Barth (Age 50)
    VP, Chief Accounting Officer & Controller
  • Ms. Margaret A Link (Age 55)
    VP & Chief Information Officer
  • Mr. Karl A. Liepitz (Age 43)
    VP, Gen. Counsel & Sec.
  • Laura Lueder
    Mang. of Communications & Public Affairs
  • Ms. Anne M. Jones (Age 58)
    VP & Chief HR Officer













MDU Stock - Frequently Asked Questions

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

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MDU Resources Group in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" MDU shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MDU, but not buy additional shares or sell existing shares.
View MDU analyst ratings
or view top-rated stocks.

What is MDU Resources Group's stock price forecast for 2022?

1 Wall Street analysts have issued 1-year price targets for MDU Resources Group's shares. Their MDU share price forecasts range from $30.00 to $30.00. On average, they predict the company's stock price to reach $30.00 in the next year. This suggests a possible upside of 1.5% from the stock's current price.
View analysts price targets for MDU
or view top-rated stocks among Wall Street analysts.

How has MDU Resources Group's stock performed in 2022?

MDU Resources Group's stock was trading at $30.84 on January 1st, 2022. Since then, MDU shares have decreased by 4.2% and is now trading at $29.56.
View the best growth stocks for 2022 here
.

Are investors shorting MDU Resources Group?

MDU Resources Group saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 3,990,000 shares, an increase of 30.0% from the June 15th total of 3,070,000 shares. Based on an average daily volume of 1,610,000 shares, the short-interest ratio is presently 2.5 days. Currently, 2.1% of the shares of the company are sold short.
View MDU Resources Group's Short Interest
.

When is MDU Resources Group's next earnings date?

MDU Resources Group is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our MDU earnings forecast
.

How were MDU Resources Group's earnings last quarter?

MDU Resources Group, Inc. (NYSE:MDU) announced its earnings results on Thursday, August, 4th. The utilities provider reported $0.35 earnings per share for the quarter, missing analysts' consensus estimates of $0.51 by $0.16. The utilities provider had revenue of $1.70 billion for the quarter, compared to analysts' expectations of $1.48 billion. MDU Resources Group had a net margin of 5.32% and a trailing twelve-month return on equity of 9.76%. MDU Resources Group's revenue for the quarter was up 19.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.50 earnings per share.

How often does MDU Resources Group pay dividends? What is the dividend yield for MDU Resources Group?

MDU Resources Group announced a quarterly dividend on Wednesday, May 11th. Shareholders of record on Thursday, June 9th will be paid a dividend of $0.2175 per share on Friday, July 1st. This represents a $0.87 annualized dividend and a dividend yield of 2.94%. The ex-dividend date is Wednesday, June 8th.
Read our dividend analysis for MDU
.

Is MDU Resources Group a good dividend stock?

MDU Resources Group (NYSE:MDU) pays an annual dividend of $0.87 per share and currently has a dividend yield of 2.99%. The company has been increasing its dividend for 26 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 54.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MDU will have a dividend payout ratio of 41.43% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MDU.

What guidance has MDU Resources Group issued on next quarter's earnings?

MDU Resources Group issued an update on its FY 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share guidance of $1.75-$1.90 for the period, compared to the consensus EPS estimate of $2.01. The company issued revenue guidance of -.

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 River Road Asset Management LLC (0.91%), US Bancorp DE (0.87%), Frontier Capital Management Co. LLC (0.64%), ProShare Advisors LLC (0.43%), Russell Investments Group Ltd. (0.36%) and Retirement Systems of Alabama (0.29%). Insiders that own company stock include Daniele Addis, David C Barney, David L Goodin, David M Sparby, Jason L Vollmer, Margaret A Link, 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 $29.56.

How much money does MDU Resources Group make?

MDU Resources Group (NYSE:MDU) has a market capitalization of $6.01 billion and generates $5.68 billion in revenue each year. The utilities provider earns $378.13 million in net income (profit) each year or $1.61 on an earnings per share basis.

How many employees does MDU Resources Group have?

MDU Resources Group employs 14,700 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 8/10/2022 by MarketBeat.com Staff

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