News articles about MDU Resources Group (NYSE:MDU) have trended positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. MDU Resources Group earned a news sentiment score of 0.43 on Accern’s scale. Accern also gave news articles about the utilities provider an impact score of 45.7679390364003 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
MDU Resources Group (NYSE:MDU) opened at 26.40 on Thursday. The stock has a market cap of $5.16 billion, a PE ratio of 22.96 and a beta of 0.92. MDU Resources Group has a 12 month low of $24.30 and a 12 month high of $29.92. The stock has a 50 day moving average price of $26.49 and a 200-day moving average price of $26.64.
MDU Resources Group (NYSE:MDU) last announced its quarterly earnings data on Tuesday, August 1st. The utilities provider reported $0.22 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.25 by ($0.03). The firm had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.10 billion. MDU Resources Group had a net margin of 5.37% and a return on equity of 10.24%. The company’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.24 EPS. On average, analysts expect that MDU Resources Group will post $1.21 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Sunday, October 1st. Stockholders of record on Thursday, September 14th will be issued a $0.1925 dividend. The ex-dividend date is Wednesday, September 13th. This represents a $0.77 annualized dividend and a dividend yield of 2.92%. MDU Resources Group’s dividend payout ratio (DPR) is 66.96%.
A number of brokerages have recently weighed in on MDU. KeyCorp restated a “buy” rating and issued a $28.00 price target on shares of MDU Resources Group in a research report on Friday, September 1st. BidaskClub upgraded MDU Resources Group from a “sell” rating to a “hold” rating in a research report on Wednesday, August 2nd. Finally, Zacks Investment Research cut MDU Resources Group from a “hold” rating to a “strong sell” rating in a research report on Friday, July 28th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. MDU Resources Group currently has a consensus rating of “Hold” and a consensus target price of $31.25.
In other news, CEO David L. Goodin acquired 5,000 shares of the business’s stock in a transaction dated Friday, August 11th. The stock was acquired at an average price of $25.57 per share, for a total transaction of $127,850.00. Following the completion of the acquisition, the chief executive officer now directly owns 95,210 shares in the company, valued at approximately $2,434,519.70. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.95% of the company’s stock.
About MDU Resources Group
MDU Resources Group, Inc is engaged in regulated energy delivery and construction materials and services business. The Company’s businesses segments are electric, natural gas distribution, pipeline and midstream, construction materials and contracting, and construction services. The electric segment generates, transmits and distributes electricity.
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