MDU Resources Group (NYSE:MDU) Releases Quarterly Earnings Results, Beats Estimates By $0.03 EPS

MDU Resources Group (NYSE:MDU) issued its earnings results on Thursday. The utilities provider reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.03, Zacks reports. MDU Resources Group had a net margin of 8.92% and a return on equity of 11.24%. MDU Resources Group updated its FY 2025 guidance to 0.880-0.980 EPS.

MDU Resources Group Trading Down 5.7 %

Shares of NYSE:MDU traded down $1.03 during mid-day trading on Thursday, reaching $16.97. The stock had a trading volume of 3,396,923 shares, compared to its average volume of 2,137,151. The company has a current ratio of 1.15, a quick ratio of 1.07 and a debt-to-equity ratio of 0.73. The firm has a market cap of $3.46 billion, a PE ratio of 8.70, a price-to-earnings-growth ratio of 2.67 and a beta of 0.80. The firm has a 50 day simple moving average of $18.39 and a two-hundred day simple moving average of $22.65. MDU Resources Group has a twelve month low of $14.91 and a twelve month high of $30.52.

MDU Resources Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 1st. Investors of record on Thursday, December 12th were given 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 3.07%. MDU Resources Group’s dividend payout ratio is 26.67%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on MDU. StockNews.com began coverage on shares of MDU Resources Group in a research note on Friday, January 3rd. They issued a “hold” rating on the stock. Bank of America raised shares of MDU Resources Group from a “neutral” rating to a “buy” rating and reduced their target price for the company from $31.00 to $17.00 in a research note on Tuesday, November 5th. Siebert Williams Shank upgraded shares of MDU Resources Group from a “hold” rating to a “buy” rating and set a $19.00 price target on the stock in a research report on Monday, November 4th. Finally, Jefferies Financial Group assumed coverage on shares of MDU Resources Group in a research report on Wednesday, January 8th. They issued a “hold” rating and a $18.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $21.00.

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.