MDU Resources Group, Inc. (MDU)
NYSE: MDU · IEX Real-Time Price · USD
26.20
+0.28 (1.08%)
Jul 18, 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 30, which predicts an increase of 14.50% from the current stock price of 26.20.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $30 $30 $30 $30
Change +14.50% +14.50% +14.50% +14.50%
* Price targets were last updated on May 20, 2024.

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 '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 111221
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 111221

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Argus Research
Argus Research
Strong Buy
Upgrades
$30
Strong Buy Upgrades $30 +14.50% May 20, 2024
B of A Securities
B of A Securities
Strong Buy
Initiates
$22
Strong Buy Initiates $22 -16.03% Jun 1, 2023
B of A Securities
B of A Securities
Sell
Downgrades
$30$26
Sell Downgrades $30$26 -0.76% Oct 24, 2022
B of A Securities
B of A Securities
Hold
Downgrades
$29$30
Hold Downgrades $29$30 +14.50% Aug 5, 2022
Argus Research
Argus Research
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Feb 13, 2017
More Analyst Ratings

Financial Forecast

Revenue This Year
4.58B
from 4.66B
Decreased by -1.62%
Revenue Next Year
4.67B
from 4.58B
Increased by 1.99%
EPS This Year
1.61
from 2.03
Decreased by -20.44%
EPS Next Year
1.71
from 1.61
Increased by 5.69%
Year 20192020202120222023202420252026
Revenue
5.34B5.53B3.45B4.44B4.66B4.58B4.67B4.77B
Revenue Growth
17.77%3.67%-37.56%28.58%4.85%-1.62%1.99%2.01%
EPS
1.691.951.871.812.031.611.711.84
EPS Growth
21.58%15.38%-4.10%-3.21%12.15%-20.44%5.69%7.63%
Forward PE
-----16.2215.3514.26
No. Analysts -----552
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 4.8B 4.9B 5.0B
Avg 4.6B 4.7B 4.8B
Low 4.4B 4.5B 4.6B

Revenue Growth

Revenue Growth 202420252026
High
2.3%
6.0%
6.0%
Avg
-1.6%
2.0%
2.0%
Low
-4.5%
-1.0%
-1.0%

EPS Forecast

EPS 202420252026
High 1.68 1.79 1.91
Avg 1.61 1.71 1.84
Low 1.57 1.65 1.78

EPS Growth

EPS Growth 202420252026
High
-17.2%
10.5%
11.9%
Avg
-20.4%
5.7%
7.6%
Low
-22.9%
1.9%
4.4%
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.