MDU Resources Group (NYSE:MDU – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.880-0.980 for the period, compared to the consensus earnings per share estimate of 1.290. The company issued revenue guidance of -.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on the stock. Siebert Williams Shank raised shares of MDU Resources Group from a “hold” rating to a “buy” rating and set a $19.00 target price for the company in a research report on Monday, November 4th. Bank of America upgraded MDU Resources Group from a “neutral” rating to a “buy” rating and cut their price objective for the company from $31.00 to $17.00 in a research note on Tuesday, November 5th. StockNews.com began coverage on MDU Resources Group in a research report on Friday, January 3rd. They issued a “hold” rating for the company. Finally, Jefferies Financial Group initiated coverage on MDU Resources Group in a research report on Wednesday, January 8th. They set a “hold” rating and a $18.00 price target on the stock. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $21.00.
Check Out Our Latest Research Report on MDU Resources Group
MDU Resources Group Stock Performance
MDU Resources Group (NYSE:MDU – Get Free Report) last issued its quarterly earnings data on Thursday, November 7th. The utilities provider reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.01. The firm had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $969.17 million. MDU Resources Group had a return on equity of 11.24% and a net margin of 8.92%. The firm’s revenue was up 5.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.29 EPS. As a group, analysts anticipate that MDU Resources Group will post 1.09 EPS for the current year.
MDU Resources Group Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 1st. Investors of record on Thursday, December 12th were issued a $0.13 dividend. The ex-dividend date of this dividend was Thursday, December 12th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.89%. MDU Resources Group’s dividend payout ratio (DPR) is presently 26.67%.
MDU Resources Group Company Profile
MDU Resources Group, Inc engages in the regulated energy delivery, and construction materials and services businesses in the United States. It operates through four segments: Electric, Natural Gas Distribution, Pipeline, 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 82 transmission and 298 distribution substations.
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