MDU Resources Group, Inc. (MDU)
NYSE: MDU · Real-Time Price · USD
18.80
+0.06 (0.32%)
Nov 20, 2024, 4:00 PM EST - Market closed
MDU Resources Group Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for MDU Resources Group stock have an average target of 23.5, with a low estimate of 17 and a high estimate of 30. The average target predicts an increase of 25.00% from the current stock price of 18.80.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for MDU stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 1 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $31 → $17 | Hold → Strong Buy | Upgrades | $31 → $17 | -9.57% | Nov 5, 2024 |
| B of A Securities | B of A Securities | Strong Buy → Hold Downgrades $30 → $31 | Strong Buy → Hold | Downgrades | $30 → $31 | +64.89% | Oct 21, 2024 |
| Argus Research | Argus Research | Hold → Strong Buy Upgrades $30 | Hold → Strong Buy | Upgrades | $30 | +59.57% | May 20, 2024 |
| B of A Securities | B of A Securities | Sell → Strong Buy Initiates $22 | Sell → Strong Buy | Initiates | $22 | +17.02% | Jun 1, 2023 |
| B of A Securities | B of A Securities | Hold → Sell Downgrades $30 → $26 | Hold → Sell | Downgrades | $30 → $26 | +38.30% | Oct 24, 2022 |
Financial Forecast
Revenue This Year
4.14B
from 4.66B
Decreased by -11.09%
Revenue Next Year
1.94B
from 4.14B
Decreased by -53.20%
EPS This Year
1.51
from 2.04
Decreased by -26.04%
EPS Next Year
1.14
from 1.51
Decreased by -24.35%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.5B | 2.1B | 2.0B |
| Avg | 4.1B | 1.9B | 1.9B |
| Low | 3.8B | 1.8B | 1.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -2.9% | -48.8% | 0.9% |
| Avg | -11.1% | -53.2% | -2.9% |
| Low | -18.1% | -57.0% | -5.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.68 | 1.79 | 1.05 |
| Avg | 1.51 | 1.14 | 1.00 |
| Low | 1.35 | 0.91 | 0.96 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -17.5% | 18.5% | -7.7% |
| Avg | -26.0% | -24.3% | -12.2% |
| Low | -33.6% | -39.5% | -15.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.