MDU Resources Group, Inc. (MDU)
NYSE: MDU · Real-Time Price · USD
29.24
-1.04 (-3.43%)
Oct 21, 2024, 4:00 PM EDT - 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 30.5, with a low estimate of 30 and a high estimate of 31. The average target predicts an increase of 4.31% from the current stock price of 29.24.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for MDU stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 1 |
| 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 | Strong Buy → Hold Downgrades $30 → $31 | Strong Buy → Hold | Downgrades | $30 → $31 | +6.02% | Oct 21, 2024 |
| Argus Research | Argus Research | Hold → Strong Buy Upgrades $30 | Hold → Strong Buy | Upgrades | $30 | +2.60% | May 20, 2024 |
| B of A Securities | B of A Securities | Sell → Strong Buy Initiates $22 | Sell → Strong Buy | Initiates | $22 | -24.76% | Jun 1, 2023 |
| B of A Securities | B of A Securities | Hold → Sell Downgrades $30 → $26 | Hold → Sell | Downgrades | $30 → $26 | -11.08% | Oct 24, 2022 |
| B of A Securities | B of A Securities | Strong Buy → Hold Downgrades $29 → $30 | Strong Buy → Hold | Downgrades | $29 → $30 | +2.60% | Aug 5, 2022 |
Financial Forecast
Revenue This Year
4.70B
from 4.66B
Increased by 0.87%
Revenue Next Year
4.88B
from 4.70B
Increased by 3.92%
EPS This Year
1.67
from 2.04
Decreased by -17.99%
EPS Next Year
1.73
from 1.67
Increased by 3.69%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.0B | 5.3B | 4.9B |
| Avg | 4.7B | 4.9B | 4.7B |
| Low | 4.4B | 4.5B | 4.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.7% | 13.7% | 0.7% |
| Avg | 0.9% | 3.9% | -3.2% |
| Low | -4.8% | -4.4% | -6.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.79 | 1.82 | 1.98 |
| Avg | 1.67 | 1.73 | 1.90 |
| Low | 1.57 | 1.67 | 1.85 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -12.0% | 8.7% | 14.3% |
| Avg | -18.0% | 3.7% | 9.9% |
| Low | -23.0% | -0.2% | 6.7% |
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.