MDU Resources Group (MDU) Expected to Announce Earnings on Thursday

MDU Resources Group (NYSE:MDU - Get Free Report) is anticipated to release its earnings data before the market opens on Thursday, February 6th. Analysts expect MDU Resources Group to post earnings of $0.31 per share and revenue of $789.62 million for the quarter. Individual that wish to register for the company's earnings conference call can do so using this link.

MDU Resources Group (NYSE:MDU - Get Free Report) last announced its quarterly earnings results on Thursday, November 7th. The utilities provider reported $0.32 EPS for the quarter, beating the consensus estimate of $0.31 by $0.01. MDU Resources Group had a net margin of 8.92% and a return on equity of 11.24%. The firm had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $969.17 million. During the same period last year, the firm earned $0.29 EPS. The business's quarterly revenue was up 5.0% compared to the same quarter last year. On average, analysts expect MDU Resources Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

MDU Resources Group Price Performance

MDU Resources Group stock traded up $0.29 during midday trading on Thursday, hitting $17.80. 556,632 shares of the company's stock were exchanged, compared to its average volume of 2,173,971. The company has a market cap of $3.63 billion, a P/E ratio of 9.16, a PEG ratio of 2.72 and a beta of 0.81. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.07 and a current ratio of 1.15. The stock has a 50-day moving average price of $18.60 and a two-hundred day moving average price of $22.93. MDU Resources Group has a 52-week low of $14.91 and a 52-week high of $30.52.

MDU Resources Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 1st. Investors of record on Thursday, December 12th were paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 2.92%. The ex-dividend date of this dividend was Thursday, December 12th. MDU Resources Group's dividend payout ratio is currently 26.67%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. Bank of America raised MDU Resources Group from a "neutral" rating to a "buy" rating and decreased their price objective for the company from $31.00 to $17.00 in a report on Tuesday, November 5th. Siebert Williams Shank upgraded MDU Resources Group from a "hold" rating to a "buy" rating and set a $19.00 price objective on the stock in a report on Monday, November 4th. StockNews.com initiated coverage on MDU Resources Group in a research note on Friday, January 3rd. They issued a "hold" rating on the stock. Finally, Jefferies Financial Group assumed coverage on shares of MDU Resources Group in a research report on Wednesday, January 8th. They set a "hold" rating and a $18.00 price target for the company. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $21.00.

About MDU Resources Group

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 distribution substations.