MDU Resources Group, Inc. (MDU)
NYSE: MDU · IEX Real-Time Price · USD
24.67
-0.13 (-0.52%)
Apr 26, 2024, 4:00 PM EDT - Market closed
MDU Resources Group Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for MDU Resources Group stock has a target of 22, which predicts a decrease of -10.82% from the current stock price of 24.67.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jun 1, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for MDU is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '23 | Mar '23 | Apr '23 | May '23 | Jun '23 |
|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 |
| Sell | 1 | 1 | 1 | 1 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Sell → Strong Buy Initiates $22 | Sell → Strong Buy | Initiates | $22 | -10.82% | Jun 1, 2023 |
| B of A Securities | B of A Securities | Hold → Sell Downgrades $30 → $26 | Hold → Sell | Downgrades | $30 → $26 | +5.39% | Oct 24, 2022 |
| B of A Securities | B of A Securities | Strong Buy → Hold Downgrades $29 → $30 | Strong Buy → Hold | Downgrades | $29 → $30 | +21.61% | Aug 5, 2022 |
| Argus Research | Argus Research | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Feb 13, 2017 |
Financial Forecast
Revenue This Year
4.63B
from 4.66B
Decreased by -0.63%
Revenue Next Year
4.81B
from 4.63B
Increased by 3.95%
EPS This Year
1.39
from 2.03
Decreased by -31.59%
EPS Next Year
1.48
from 1.39
Increased by 6.73%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.9B | 5.0B | 5.2B |
| Avg | 4.6B | 4.8B | 5.0B |
| Low | 4.4B | 4.6B | 4.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.7% | 8.8% | 7.1% |
| Avg | -0.6% | 4.0% | 3.0% |
| Low | -5.8% | 0.2% | -0.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.67 | 1.80 | 1.98 |
| Avg | 1.39 | 1.48 | 1.90 |
| Low | 0.77 | 0.83 | 1.84 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -17.8% | 29.3% | 33.3% |
| Avg | -31.6% | 6.7% | 28.2% |
| Low | -61.9% | -40.0% | 24.4% |
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.