MDU Resources Group, Inc. (MDU)

NYSE: MDU · Real-Time Price · USD
18.10
+0.12 (0.67%)
Dec 20, 2024, 4:00 PM EST - Market closed
0.67%
Market Cap 3.69B
Revenue (ttm) 4.45B
Net Income (ttm) 396.68M
Shares Out 203.89M
EPS (ttm) 1.95
PE Ratio 9.35
Forward PE 18.66
Dividend $0.40 (2.19%)
Ex-Dividend Date Dec 12, 2024
Volume 1,699,047
Open 17.92
Previous Close 17.98
Day's Range 17.83 - 18.19
52-Week Range 10.41 - 20.39
Beta 0.58
Analysts Strong Buy
Price Target 23.50 (+29.83%)
Earnings Date Feb 6, 2025

About MDU

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 d... [Read more]

Industry Conglomerates
Sector Industrials
Founded 1924
Employees 9,145
Stock Exchange NYSE
Ticker Symbol MDU
Full Company Profile

Financial Performance

In 2023, MDU Resources Group's revenue was $4.66 billion, an increase of 4.85% compared to the previous year's $4.44 billion. Earnings were $414.71 million, an increase of 12.85%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for MDU stock is "Strong Buy." The 12-month stock price forecast is $23.5, which is an increase of 29.83% from the latest price.

Price Target
$23.5
(29.83% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

NorthWestern Energy Welcomes New Board Member

BUTTE, Mont. & SIOUX FALLS, S.D.--(BUSINESS WIRE)--NorthWestern Energy Group, Inc. d/b/a NorthWestern Energy (Nasdaq: NWE) today announced that its board of directors recently elected David L. Goodin ...

Other symbols: NWE
4 weeks ago - Business Wire

MDU Resources Group Announces Increased Capital Investment Plan for 2025-2029

BISMARCK, N.D. , Nov. 21, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) announced today that it plans to make capital investments totaling $3.1 billion from 2025 through 2029, a 15% incre...

4 weeks ago - PRNewsWire

Dividend Income: Lanny's October 2024 Summary

Big Oil with BHP Billiton came big with a massive dividend. Canadian Imperial, one of the big 6 Canadian banks, sent a massive $210 dividend my way. There are a few less names now in 2024 than 2023, s...

Other symbols: BHPCMEMNHLNMDTPMSBUX
4 weeks ago - Seeking Alpha

MDU Resources Welcomes Vernon Dosch to Board of Directors

BISMARCK, N.D. , Nov. 14, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today announced that its board of directors has elected Vernon A.

5 weeks ago - PRNewsWire

MDU Resources Announces Quarterly Dividend on Common Stock

BISMARCK, N.D. , Nov. 14, 2024 /PRNewswire/ -- The board of directors of MDU Resources Group, Inc. (NYSE: MDU) today declared a quarterly dividend on the company's common stock of 13 cents per share, ...

5 weeks ago - PRNewsWire

MDU Resources Group, Inc. (MDU) Q3 2024 Earnings Call Transcript

MDU Resources Group, Inc. (MDU) Q3 2024 Earnings Call Transcript

6 weeks ago - Seeking Alpha

MDU Resources Reports Strong Q3 Earnings, Increases 2024 Guidance

Key Financial Highlights for Third Quarter 2024: Electric earnings of $24.3 million, an increase of 16.3% over third quarter 2023. Pipeline record third quarter earnings of $15.1 million, up 27.0% fro...

6 weeks ago - PRNewsWire

MDU Resources Completes Spinoff of Everus Construction Group

BISMARCK, N.D. , Nov. 1, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today announced the successful completion of the spinoff of its construction services subsidiary, Everus Constructio...

Other symbols: ECG
7 weeks ago - PRNewsWire

Everus Construction Group Completes Spinoff From MDU Resources

BISMARCK, N.D.--(BUSINESS WIRE)--Everus Construction Group (NYSE: ECG) today announced the successful completion of its spinoff from MDU Resources Group, Inc. (NYSE: MDU).

Other symbols: ECG
7 weeks ago - Business Wire

Everus Construction Group Set to Join S&P SmallCap 600

NEW YORK , Oct. 29, 2024 /PRNewswire/ -- Everus Construction Group Inc. (NYSE: ECG) will be added to the S&P SmallCap 600 effective prior to the opening of trading on Friday, November 1, replacing Cle...

Other symbols: CLWECG
7 weeks ago - PRNewsWire

MDU Resources: A Hidden Gem Powering Strong Returns And Growth

MDU Resources offers strong potential with its diversified utility, pipeline, and construction services, providing steady revenue and growth opportunities. The company's focus on core utilities going ...

2 months ago - Seeking Alpha

Everus Construction Group Holding Investor and Analyst Information Event Today at NYSE

BISMARCK, N.D. , Oct. 17, 2024 /PRNewswire/ -- Everus Construction Group, an industry-leading construction services provider, will hold an analyst and investor day at 10 a.m.

2 months ago - PRNewsWire

MDU Resources to Webcast Third Quarter 2024 Earnings Conference Call

BISMARCK, N.D. , Oct. 10, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) will webcast its third quarter 2024 earnings conference call at 2 p.m.

2 months ago - PRNewsWire

DocuSign, MDU Resources Group Stocks Rise on S&P Global Index Changes

Shares of DocuSign (DOCU) and MDU Resources Group (MDU) advanced 8% and 4%, respectively, soon after markets opened Tuesday, a day after S&P Global announced changes to its indexes.

Other symbols: DOCU
2 months ago - Investopedia

DocuSign Set to Join S&P MidCap 400 and MDU Resources Group to Join S&P SmallCap 600

NEW YORK , Oct. 7, 2024 /PRNewswire/ -- DocuSign Inc. (NASD:DOCU) will replace MDU Resources Group Inc. (NYSE:MDU) in the S&P MidCap 400, and MDU Resources Group will replace Chuy's Holdings Inc. (NAS...

Other symbols: DRI
2 months ago - PRNewsWire

MDU Resources Board of Directors Approves Everus Spinoff, Declares Distribution of Shares of Everus

BISMARCK, N.D. , Oct. 2, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) announced today that its board of directors has approved the previously announced spinoff of the company's wholly ow...

2 months ago - PRNewsWire

MDU Resources Group Announces Anthony D. Foti as New Chief Legal Officer

BISMARCK, N.D. , Sept. 30, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) board of directors has approved the appointment of Anthony D.

2 months ago - PRNewsWire

MDU Resources Group Announces Retirement of VP and CIO Peggy Link, Boese Named Successor

BISMARCK, N.D. , Sept. 18, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today announced the retirement of Peggy Link, vice president and chief information officer, effective Jan. 10, 202...

3 months ago - PRNewsWire

Everus Construction Group Announces Investor Day; to be Listed Under Ticker ECG Upon Spinoff

BISMARCK, N.D. , Sept. 12, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today announced the public filing of a Form 10 registration statement with the Securities and Exchange Commission ...

3 months ago - PRNewsWire

MDU Resources Announces Anticipated Board of Directors for Everus

BISMARCK, N.D. , Sept. 3, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today announced the anticipated board of directors for Everus Construction Group, effective upon completion of the ...

3 months ago - PRNewsWire

Lanny's Stock Sales Through June 30, 2024

I sold Chimera. They were an underperforming REIT, even on their best days. I actually have received total proceeds of $10,967 and have recognized a total gain of $1,090.40. Warner Bro. Discovery, as ...

Other symbols: CIMMMMPARASOLV
4 months ago - Seeking Alpha

MDU Resources Appoints Two to Board of Directors

BISMARCK, N.D. , Aug. 15, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) announced today that Michael S.

4 months ago - PRNewsWire

MDU Resources Announces Increased Quarterly Dividend

BISMARCK, N.D. , Aug. 15, 2024 /PRNewswire/ -- The board of directors of MDU Resources Group, Inc. (NYSE: MDU) has increased the quarterly dividend on the company's common stock to 13 cents per share,...

4 months ago - PRNewsWire

MDU Resources Group, Inc. (MDU) Q2 2024 Earnings Call Transcript

MDU Resources Group, Inc. (NYSE:MDU) Q2 2024 Earnings Conference Call August 8, 2024 2:00 PM ET Company Participants Jason Vollmer - Vice President, Chief Financial Officer & Treasurer Nicole Kivisto...

4 months ago - Seeking Alpha

MDU Resources Reports Solid Q2 Earnings, Updates 2024 Guidance

Key Financial Highlights for Second Quarter 2024: Pipeline achieved record second quarter earnings of $17.3 million, up approximately 99%. Utility earnings of $10.5 million, down by $2.6 million from ...

4 months ago - PRNewsWire