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