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No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
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As Musk is learning, content moderation is a messy job
Reformers take 6 of 14 UAW board seats, could win majority
"The Bull Market Is Officially OVER"  (Ad)pixel
FDA change ushers in cheaper, easier-to-get hearing aids
OPEC keeps oil targets amid uncertainty on Russian sanctions
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
"The Bull Market Is Officially OVER"  (Ad)pixel
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
"The Bull Market Is Officially OVER"  (Ad)pixel
As Musk is learning, content moderation is a messy job
Reformers take 6 of 14 UAW board seats, could win majority
"The Bull Market Is Officially OVER"  (Ad)pixel
FDA change ushers in cheaper, easier-to-get hearing aids
OPEC keeps oil targets amid uncertainty on Russian sanctions
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
"The Bull Market Is Officially OVER"  (Ad)pixel
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
"The Bull Market Is Officially OVER"  (Ad)pixel
As Musk is learning, content moderation is a messy job
Reformers take 6 of 14 UAW board seats, could win majority
"The Bull Market Is Officially OVER"  (Ad)pixel
FDA change ushers in cheaper, easier-to-get hearing aids
OPEC keeps oil targets amid uncertainty on Russian sanctions
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
"The Bull Market Is Officially OVER"  (Ad)pixel
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
"The Bull Market Is Officially OVER"  (Ad)pixel
As Musk is learning, content moderation is a messy job
Reformers take 6 of 14 UAW board seats, could win majority
"The Bull Market Is Officially OVER"  (Ad)pixel
FDA change ushers in cheaper, easier-to-get hearing aids
OPEC keeps oil targets amid uncertainty on Russian sanctions
NYSE:MDU

MDU Resources Group - MDU Stock Forecast, Price & News

$31.55
+0.10 (+0.32%)
(As of 12/2/2022 12:00 AM ET)
Add
Compare
Today's Range
$31.10
$31.79
50-Day Range
$27.35
$31.55
52-Week Range
$24.92
$32.19
Volume
958,440 shs
Average Volume
719,770 shs
Market Capitalization
$6.42 billion
P/E Ratio
19.01
Dividend Yield
2.76%
Price Target
$30.50

MDU Resources Group MarketRank™ Forecast

Analyst Rating
Reduce
1.00 Rating Score
Upside/​Downside
3.3% Downside
$30.50 Price Target
Short Interest
Healthy
1.53% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-6.33
Upright™ Environmental Score
News Sentiment
0.94mentions of MDU Resources Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
17.68%
From $1.81 to $2.13 Per Share

Overall MarketRank

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

2.16 out of 5 stars

Utilities Sector

49th out of 89 stocks

Mining & Quarrying Of Nonmetallic Minerals, Except Fuels Industry

10th out of 16 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.

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MDU Stock News Headlines

MDU Resources Group: Opinion Unchanged
MDU Resources Q3 Profit Increases, but misses estimates
MDU MDU Resources Group, Inc.
2022 Bismarck Marathon Beneficiaries Selected
MDU Resources Publishes 2021 Sustainability Report
See More Headlines
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MDU Company Calendar

Last Earnings
11/03/2021
Ex-Dividend for 10/1 Dividend
9/07/2022
Dividend Payable
10/01/2022
Today
12/04/2022
Ex-Dividend for 1/1 Dividend
12/07/2022
Fiscal Year End
12/31/2022
Dividend Payable
1/01/2023
Next Earnings (Estimated)
2/08/2023

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
$30.50
High Stock Price Forecast
$31.00
Low Stock Price Forecast
$30.00
Forecasted Upside/Downside
-3.3%
Consensus Rating
Reduce
Rating Score (0-4)
1.00
Research Coverage
1 Analysts

Profitability

Net Income
$378.13 million
Pretax Margin
6.37%

Debt

Sales & Book Value

Annual Sales
$5.68 billion
Cash Flow
$3.35 per share
Book Value
$17.17 per share

Miscellaneous

Free Float
201,541,000
Market Cap
$6.42 billion
Optionable
Optionable
Beta
0.74

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. KivistoMs. 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 analysts have issued "buy," "hold," and "sell" ratings for MDU Resources Group in the last year. There are currently 1 sell rating for the stock. The consensus among Wall Street analysts is that investors should "sell" 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 that the stock has a possible downside of 3.3%.
View analysts price targets for MDU
or view top-rated stocks among Wall Street analysts.

How have MDU shares performed in 2022?

MDU Resources Group's stock was trading at $30.84 at the start of the year. Since then, MDU shares have increased by 2.3% and is now trading at $31.55.
View the best growth stocks for 2022 here
.

Are investors shorting MDU Resources Group?

MDU Resources Group saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 2,970,000 shares, a drop of 27.6% from the October 31st total of 4,100,000 shares. Based on an average daily trading volume, of 961,400 shares, the days-to-cover ratio is presently 3.1 days. Currently, 1.5% 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 Wednesday, February 8th 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 Wednesday, November, 3rd. The utilities provider reported $0.68 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.82 by $0.14. The utilities provider earned $1.59 billion during the quarter. MDU Resources Group had a trailing twelve-month return on equity of 10.01% and a net margin of 5.14%. During the same quarter in the previous year, the firm posted $0.76 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, November 17th. Stockholders of record on Thursday, December 8th will be paid a dividend of $0.2225 per share on Sunday, January 1st. This represents a $0.89 annualized dividend and a yield of 2.82%. The ex-dividend date is Wednesday, December 7th. This is a positive change from the stock's previous quarterly dividend of $0.22.
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 2.76%. 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 52.41%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MDU will have a dividend payout ratio of 40.85% 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 updated its FY 2022 earnings guidance on Thursday, November, 10th. The company provided earnings per share guidance of $1.75-$1.90 for the period, compared to the consensus EPS estimate of $1.82. 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 many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.66%), BlackRock Inc. (8.94%), State Street Corp (8.28%), Dimensional Fund Advisors LP (2.51%), Barrow Hanley Mewhinney & Strauss LLC (1.73%) and Bank of New York Mellon Corp (1.58%). 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 $31.55.

How much money does MDU Resources Group make?

MDU Resources Group (NYSE:MDU) has a market capitalization of $6.42 billion and generates $5.68 billion in revenue each year. The utilities provider earns $378.13 million in net income (profit) each year or $1.66 on an earnings per share basis.

How many employees does MDU Resources Group have?

The company 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 12/4/2022 by MarketBeat.com Staff