Skip to main content

MDU Resources Group, Inc. (MDU)

NYSE: MDU · IEX Real-Time Price · USD
28.28 -1.02 (-3.48%)
Nov 26, 2021 1:00 PM EST - Market closed
Market Cap5.75B
Revenue (ttm)5.62B
Net Income (ttm)403.89M
Shares Out203.35M
EPS (ttm)2.00
PE Ratio14.13
Forward PE12.82
Dividend$0.85 (3.01%)
Ex-Dividend DateDec 8, 2021
Volume823,075
Open28.65
Previous Close29.30
Day's Range28.10 - 28.78
52-Week Range24.29 - 35.02
Beta0.77
AnalystsBuy
Price Target35.00 (+23.8%)
Earnings DateNov 3, 2021

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. Its Natural Gas Distribution segment distributes natural gas for residential, commercial, and industrial customers in Idaho, Minnesota, Montana, North Dakota, Oregon, South Dakota, Washington, and Wyoming; and ...

IndustryMulti-Utilities
Founded1924
Employees15,600
Stock ExchangeNYSE
Ticker SymbolMDU
Full Company Profile

Financial Performance

In 2020, MDU's revenue was $5.53 billion, an increase of 3.67% compared to the previous year's $5.34 billion. Earnings were $390.21 million, an increase of 16.32%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for MDU stock is "Buy." The 12-month stock price forecast is 35.00, which is an increase of 23.76% from the latest price.

Price Target
$35.00
(23.76% upside)
Analyst Consensus: Buy

News

MDU Resources (MDU) Focuses on Organic Growth, To Invest $3B

MDU Resources (MDU) unveils its capital budget program for 2022-2026. Minus any acquisitions, it plans to invest $3 billion for the above-mentioned time frame.

2 days ago - Zacks Investment Research

MDU Resources (MDU) on Buyout Spree, Acquires Two Companies

MDU Resources' (MDU) unit Knife River acquires Baker Rock Resources and Oregon Mainline. These buyouts will expand operations in the areas experiencing growth in demand.

4 days ago - Zacks Investment Research

MDU Resources Announces Five-Year Capital Investment Plan

BISMARCK, N.D., Nov. 23, 2021 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today announced that it plans to make capital investments totaling $3.0 billion for the five-year period from 2022-26.

4 days ago - PRNewsWire

Knife River Acquires Baker Rock Resources and Oregon Mainline Paving

BISMARCK, N.D., Nov. 22, 2021 /PRNewswire/ -- Knife River Corporation announced today it has acquired Baker Rock Resources and Oregon Mainline Paving, two premier construction materials companies that e...

5 days ago - PRNewsWire

MDU Resources Increases Stock Dividend for 31st Consecutive Year

BISMARCK, N.D., Nov. 11, 2021 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE: MDU) board of directors today increased the company's quarterly common stock dividend to 21.75 cents per share, for an an...

2 weeks ago - PRNewsWire

MDU Resources' (MDU) Q3 Earnings Miss Mark, Revenues Fall Y/Y

MDU Resources (MDU) posts worse-than-expected Q3 earnings. Also, both the bottom and the top line decrease year over year.

3 weeks ago - Zacks Investment Research

MDU Resources Reports Third Quarter Earnings, Adjusts Guidance

BISMARCK, N.D., Nov. 3, 2021 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today reported third quarter earnings of $139.3 million, or 68 cents per share, compared to third quarter 2020 earnings...

3 weeks ago - PRNewsWire

Why MDU Resources (MDU) is a Great Dividend Stock Right Now

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?

1 month ago - Zacks Investment Research

MDU Resources Announces Webcast of Analyst Conference Call

BISMARCK, N.D., Oct. 14, 2021 /PRNewswire/ --MDU Resources Group, Inc. (NYSE: MDU) will webcast its third quarter 2021 earnings conference call Nov. 4 following the release of its financial results.

1 month ago - PRNewsWire

Are You Looking for a High-Growth Dividend Stock? MDU Resources (MDU) Could Be a Great Choice

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?

1 month ago - Zacks Investment Research

3 Utilities Assuring Return Via Dividends in a Choppy Market

Players of the utility sector like MDU Resources (MDU), UGI Corp. (UGI) and NiSource (NI) have been paying out dividends consistently, even amid uncertain economic conditions, making them a suitable pick.

Other symbols:NIUGI
2 months ago - Zacks Investment Research

4 Gas Distribution Stocks to Watch Amid Weak Near-Term Prospects

The near-term prospects of the Zacks Gas Distribution industry do not look promising. However, gradual improvement in production and demand for natural gas will drive the performance of OKE, UGI, MDU, a...

Other symbols:OKESWXUGI
2 months ago - Zacks Investment Research

MDU Resources' (MDU) Investments & Liquidity Status Bode Well

MDU Resources' (MDU) two-platform business set-up, favorable liquidity position and capital investments are its key tailwinds.

2 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?

2 months ago - Zacks Investment Research

MDU Resources (MDU) Up 1.3% Since Last Earnings Report: Can It Continue?

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

2 months ago - Zacks Investment Research

Should Value Investors Pick MDU Resources (MDU) Stock Now?

Is MDU Resources (MDU) a great pick from the value investor's perspective right now? Read on to know more.

2 months ago - Zacks Investment Research

4 Stocks Shining as Bargains

If you are screening the market for bargain opportunities among U.S.-listed equities, then you may want to consider the following stocks, since they meet the criteria listed below:

Other symbols:BCRCIISTLD
2 months ago - GuruFocus

MDU Resources Declares Quarterly Dividend on Common Stock

BISMARCK, N.D., Aug. 12, 2021 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE: MDU) board of directors today declared a quarterly dividend on the company's common stock of 21.25 cents per share, uncha...

3 months ago - PRNewsWire

6 Reliable Utilities Stocks to Buy Today

This is the ideal time to look for interesting utilities stocks to add to your portfolio now that we're sitting in a trading range. The post 6 Reliable Utilities Stocks to Buy Today appeared first on In...

Other symbols:BIPCPKKENPNMSPH
3 months ago - InvestorPlace

MDU Resources' (MDU) Q2 Earnings Miss Mark, Revenues Rise Y/Y

MDU Resources (MDU) posts second-quarter earnings in line with the year-over-year number while its revenues improve.

3 months ago - Zacks Investment Research

Why MDU Resources (MDU) is a Great Dividend Stock Right Now

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

MDU Resources Reports Second Quarter Earnings; Affirms Earnings Guidance

BISMARCK, N.D., Aug. 4, 2021 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) today reported second quarter earnings of $100.2 million, or 50 cents per share, compared to second quarter 2020 earnin...

3 months ago - PRNewsWire

MDU Resources' (MDU) Arms to Expand Operations in North Dakota

MDU Resources' (MDU) units are preparing to expand natural gas pipelines and supply more natural gas in the Eastern North Dakota.

4 months ago - Zacks Investment Research

MDU Resources Subsidiaries Expanding Natural Gas Service to Wahpeton, Kindred

BISMARCK, N.D., July 26, 2021 /PRNewswire/ -- Montana-Dakota Utilities Co. and WBI Energy, Inc., both subsidiaries of MDU Resources Group, Inc. (NYSE: MDU), today announced plans for a natural gas pipel...

4 months ago - PRNewsWire

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?

4 months ago - Zacks Investment Research