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

MDU Resources Group (NYSE:MDU) announced its earnings results on Thursday. The utilities provider reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.03, Zacks reports. MDU Resources Group had a net margin of 7.31% and a return on equity of 10.20%. MDU Resources Group updated its FY 2025 guidance to 0.880-0.980 EPS.

MDU Resources Group Stock Performance

MDU Resources Group stock opened at $16.57 on Friday. MDU Resources Group has a fifty-two week low of $14.91 and a fifty-two week high of $30.52. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.15 and a quick ratio of 1.07. The company has a market cap of $3.38 billion, a P/E ratio of 12.00, a price-to-earnings-growth ratio of 2.61 and a beta of 0.80. The firm’s 50 day simple moving average is $18.33 and its 200-day simple moving average is $22.61.

MDU Resources Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 1st. Stockholders of record on Thursday, December 12th were given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.14%. The ex-dividend date of this dividend was Thursday, December 12th. MDU Resources Group’s dividend payout ratio (DPR) is presently 37.68%.

Analyst Ratings Changes

Several analysts have recently weighed in on MDU shares. StockNews.com downgraded MDU Resources Group from a “hold” rating to a “sell” rating in a research note on Friday. Siebert Williams Shank upgraded MDU Resources Group from a “hold” rating to a “buy” rating and set a $19.00 price objective on the stock in a report on Monday, November 4th. Bank of America upgraded 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. Finally, Jefferies Financial Group began coverage on shares of MDU Resources Group in a research note on Wednesday, January 8th. They issued a “hold” rating and a $18.00 price target for the company. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $21.00.

About MDU Resources Group

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.