MDU Resources Group, Inc. (MDU)

NYSE: MDU · IEX Real-Time Price · USD
28.29
+0.94 (3.44%)
Oct 3, 2022 4:00 PM EDT - Market closed
3.44%
Market Cap 5.75B
Revenue (ttm) 6.17B
Net Income (ttm) 328.24M
Shares Out 203.35M
EPS (ttm) 1.61
PE Ratio 17.57
Forward PE 12.27
Dividend $0.87 (3.08%)
Ex-Dividend Date Sep 7, 2022
Volume 1,444,845
Open 27.73
Previous Close 27.35
Day's Range 27.53 - 28.46
52-Week Range 24.92 - 32.19
Beta 0.73
Analysts Buy
Price Target 34.68 (+22.6%)
Earnings Date Nov 1, 2022

About MDU

MDU Resources Group, Inc. engages in the regulated energy delivery, and construction materials and services businesses in the United States. The company's Electric segment generates, transmits, and distributes electricity for residential, commercial, industrial, and municipal customers in Montana, North Dakota, South Dakota, and Wyoming, as well as operates 3,500 miles of transmission lines and 4,800 miles of distribution lines. Its Natural Gas Distribution segment distributes natural gas for residential, commercial, and industrial customers in... [Read more...]

Industry Multi-Utilities
Founded 1924
Employees 16,000
Stock Exchange NYSE
Ticker Symbol MDU
Full Company Profile

Financial Performance

In 2021, MDU's revenue was $5.68 billion, an increase of 2.67% compared to the previous year's $5.53 billion. Earnings were $378.13 million, a decrease of -3.09%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for MDU stock is "Buy." The 12-month stock price forecast is 34.68, which is an increase of 22.59% from the latest price.

Price Target
$34.68
(22.59% upside)
Analyst Consensus: Buy
Stock Forecasts

News

MDU Resources Publishes 2021 Sustainability Report

BISMARCK, N.D. , Aug. 30, 2022 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) has committed its natural gas pipeline business to a near-term methane emissions intensity reduction target of 25% by...

1 month ago - PRNewsWire

MDU Resources and AppHarvest See Activist Action

These disclosures are from 13Ds filed with the Securities and Exchange Commission. 13Ds are filed within 10 days of an entity's attaining more than 5% in any class of a company's securities.

Other symbols: APPH
1 month ago - Market Watch

MDU Resources To Spin-Off Its Construction Materials Business Knife River Corp

MDU, $30.82, Market Capitalization: $6.3 billion) announced that its Board of Directors unanimously approved a plan to separate its wholly owned construction material business, Knife River Corp.

1 month ago - Forbes

MDU Resources Declares Quarterly Dividend on Common Stock

BISMARCK, N.D. , Aug. 11, 2022 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE: MDU) board of directors today declared a quarterly dividend on the company's common stock of 21.75 cents per share, unch...

1 month ago - PRNewsWire

U.S. utility MDU Resources backs its strategy after Meister's Corvex takes stake

MDU Resources Group Inc is confident in its current strategy, the company said on Tuesday, after activist investor Corvex Management unveiled a nearly 5% stake in the U.S. utility.

1 month ago - Reuters

MDU Resources (MDU) Lags Q2 Earnings Estimates, Cuts 2022 EPS

MDU Resources' (MDU) second-quarter earnings lag estimates. MDU Resources revises its earnings per share guidance for 2022 due to inflationary and supply-chain challenges.

1 month ago - Zacks Investment Research

MDU Resources Reports Second Quarter Earnings, Revises Earnings Guidance

BISMARCK, N.D. , Aug. 4, 2022 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today reported second quarter earnings of $70.7 million, or 35 cents per share, compared to second quarter 2021 earnin...

1 month ago - PRNewsWire

MDU Resources Announces Plan to Separate Knife River, Creating Two Focused, Independent Publicly Traded Companies

Spinoff of Knife River expected to unlock significant shareholder value. Creates financial and strategic flexibility for each company to focus on core business opportunities.

1 month ago - PRNewsWire

MDU Resources Schedules Webcast of Second Quarter 2022 Earnings Conference Call

BISMARCK, N.D. , July 19, 2022 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) will webcast its second quarter 2022 earnings conference call at 2 p.m.

2 months ago - PRNewsWire

Reasons to Add MDU Resources (MDU) Stock to Your Portfolio

MDU Resources' (MDU) positive estimates movement, planned investments and customer additions make it a lucrative investment bet.

3 months ago - Zacks Investment Research

MDU vs. ATO: Which Stock Should Value Investors Buy Now?

MDU vs. ATO: Which Stock Is the Better Value Option?

Other symbols: ATO
3 months ago - Zacks Investment Research

This is Why MDU Resources (MDU) is a Great Dividend Stock

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does MDU Resources (MDU) have what it takes?

3 months ago - Zacks Investment Research

Why Is MDU Resources (MDU) Up 5.5% Since Last Earnings Report?

MDU Resources (MDU) reported earnings 30 days ago. What's next for the stock?

4 months ago - Zacks Investment Research

MDU Resources Recognized for Gender-Balanced Board of Directors

BISMARCK, N.D. , May 24, 2022 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) recently was recognized by 50/50 Women on Boards™ for having a gender-balanced board of directors.

4 months ago - PRNewsWire

MDU Resources (MDU) Gains on Investment & Two-Platform Business

MDU Resources (MDU), with systematic investments, proper debt management and increasing backlogs, is poised for growth. However, a highly competitive industry and regulations are headwinds.

4 months ago - Zacks Investment Research

MDU Resources (MDU) Q1 Earnings Miss Estimates, Sales Rise Y/Y

MDU Resources' (MDU) first-quarter earnings lag estimates. MDU Resources affirms its earnings per share guidance for 2022 and initiates its investment plans for 2022.

4 months ago - Zacks Investment Research

MDU Resources Reports First Quarter Earnings, Affirms EPS Guidance

BISMARCK, N.D. , May 4, 2022 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today reported first quarter earnings of $31.7 million, or 16 cents per share, compared to first quarter 2021 earnings ...

4 months ago - PRNewsWire

MDU Resources (MDU) to Post Q1 Earnings: What to Expect?

MDU Resources' (MDU) first-quarter results are likely to benefit from increased demand and customer growth, partly impacted by higher operating expenses.

5 months ago - Zacks Investment Research

MDU Resources Announces Webcast of Analyst Conference Call

BISMARCK, N.D. , April 12, 2022 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) will webcast its first quarter 2022 earnings conference call May 5 following the release of its financial results.

5 months ago - PRNewsWire

Why Is MDU Resources (MDU) Down 5.3% Since Last Earnings Report?

MDU Resources (MDU) reported earnings 30 days ago. What's next for the stock?

6 months ago - Zacks Investment Research

MDU Resources (MDU) Q4 Earnings Miss Estimates, Sales Rise Y/Y

MDU Resources' (MDU) fourth-quarter earnings lag estimates. MDU Resources initiates earnings per share guidance for 2022 and announces the five-year planned investment.

7 months ago - Zacks Investment Research

MDU Resources Reports 2021 Earnings, Initiates 2022 Guidance

BISMARCK, N.D., Feb. 9, 2022 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today announced earnings of $378.1 million, or $1.87 per share, in 2021, compared to $390.2 million, or $1.95 per share...

7 months ago - PRNewsWire

MDU Resources (MDU) to Post Q4 Earnings: What's in the Offing?

MDU Resources' (MDU) fourth-quarter results are likely to have benefited from increased demand and customer growth, partly impacted by higher operating expenses.

7 months ago - Zacks Investment Research

MDU Resources (MDU) Taps Bakken Volumes via Expanded Pipeline

MDU Resources (MDU) subsidiary, WBI Energy, has expanded the natural gas pipeline to North Dakota by completing the North Bakken Expansion project.

8 months ago - Zacks Investment Research

MDU Resources Subsidiary Finishes Construction, Begins Transporting Natural Gas on ND Pipeline

BISMARCK, N.D., Feb. 1, 2022 /PRNewswire/ -- WBI Energy, Inc., a subsidiary of MDU Resources Group, Inc. (NYSE: MDU), put the North Bakken Expansion project into service today after completing construct...

8 months ago - PRNewsWire