MDU Resources Group, Inc. (MDU)
Market Cap | 5.59B |
Revenue (ttm) | 4.40B |
Net Income (ttm) | 407.00M |
Shares Out | 203.89M |
EPS (ttm) | 1.99 |
PE Ratio | 13.65 |
Forward PE | 16.39 |
Dividend | $0.52 (1.90%) |
Ex-Dividend Date | Sep 12, 2024 |
Volume | 1,182,114 |
Open | 27.10 |
Previous Close | 27.25 |
Day's Range | 27.10 - 27.55 |
52-Week Range | 18.04 - 27.92 |
Beta | 0.68 |
Analysts | Strong Buy |
Price Target | 30.00 (+9.33%) |
Earnings Date | Oct 31, 2024 |
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 one analyst, the rating for MDU stock is "Strong Buy" and the 12-month stock price forecast is $30.0.
News
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 ...
MDU Resources' Board of Directors Names Leadership for Everus Construction Group, Effective on Spinoff
BISMARCK, N.D. , July 18, 2024 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE: MDU) board of directors has selected the management team to lead Everus Construction Group, the company's construction...
MDU Resources to Webcast Second Quarter 2024 Earnings Conference Call
BISMARCK, N.D. , July 17, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) will webcast its second quarter 2024 earnings conference call at 2 p.m.
MDU Resources Publishes 2023 Sustainability Report
BISMARCK, N.D. , June 28, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) published its 2023 Sustainability Report today on its website at www.mdu.com/sustainability.
The Investment Committee talks their utilities investing playbook
Utilities is one of the best performing sectors this year. The Committee share their top Utilities plays.
MKL, MDU, CAJPY: Trends & Stocks to Watch
It's important not to confuse the economy with the stock market, notes Christopher P. Davis. He discusses market trends and stocks to have on your radar.
MDU Resources Declares Quarterly Dividend on Common Stock
BISMARCK, N.D. , May 15, 2024 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE: MDU) board of directors today declared a quarterly dividend on the company's common stock of 12.5 cents per share, unch...
Jaeger Elected to MDU Resources Board of Directors
BISMARCK, N.D. , May 14, 2024 /PRNewswire/ -- Shareholders of MDU Resources Group, Inc. (NYSE: MDU) today at the company's annual meeting of stockholders elected Douglas W.
MDU Resources Group, Inc. (MDU) Q1 2024 Earnings Call Transcript
MDU Resources Group, Inc. (NYSE:MDU) Q1 2024 Results Conference Call May 2, 2024 2:00 PM ET Company Participants Jason Vollmer - Vice President, Chief Financial Officer and Treasurer Nicole Kivisto -...
MDU Resources Reports Strong First Quarter Results; Affirms 2024 Guidance
BISMARCK, N.D. , May 2, 2024 /PRNewswire/ -- Pipeline has record first quarter earnings, up 82%.
MDU Resources to Webcast First Quarter 2024 Earnings Conference Call
BISMARCK, N.D. , April 11, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) will webcast its first quarter 2024 earnings conference call at 2 p.m.
MDU Resources Files Confidential Form 10 for Planned Late 2024 Spinoff of Construction Services Business
BISMARCK, N.D. , March 25, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) announced today that it has submitted a confidential draft registration statement on Form 10 with the U.S. Securit...
MDU Construction Services Group Rebrands to Everus Construction Group; Spinoff Remains on Track for Late 2024
BISMARCK, N.D. , March 13, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) announced today that its construction services business, MDU Construction Services Group, Inc., has rebranded to E...
MDU Resources Affirms 2024 Guidance, Updates Long-Term Earnings Per Share Guidance
BISMARCK, N.D. , March 13, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) announced that it is affirming 2024 financial guidance and providing an updated long-term earnings per share grow...
MDU Resources Celebrates 100 Years With Analyst and Investor Day, Ringing Closing Bell at NYSE
BISMARCK, N.D. , March 11, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) is preparing to kick off a yearlong celebration of its 100th anniversary by ringing the closing bell at the New Yo...
MDU Resources Group, Inc. (MDU) Q4 2023 Earnings Call Transcript
MDU Resources Group, Inc. (MDU) Q4 2023 Earnings Call Transcript