MDU Resources Group (NYSE:MDU) Announces Quarterly Earnings Results, Beats Expectations By $0.03 EPS

MDU Resources Group (NYSE:MDU - Get Free Report) announced its quarterly earnings data on Thursday. The utilities provider reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.03, Zacks reports. MDU Resources Group had a net margin of 7.31% and a return on equity of 10.20%. MDU Resources Group updated its FY 2025 guidance to 0.880-0.980 EPS.

MDU Resources Group Stock Down 0.7 %

NYSE:MDU traded down $0.12 during midday trading on Monday, reaching $16.46. The company had a trading volume of 1,446,276 shares, compared to its average volume of 2,120,365. The stock's fifty day simple moving average is $18.26 and its 200-day simple moving average is $22.48. The company has a current ratio of 1.15, a quick ratio of 1.07 and a debt-to-equity ratio of 0.73. The firm has a market capitalization of $3.35 billion, a price-to-earnings ratio of 11.92, a PEG ratio of 2.61 and a beta of 0.80. MDU Resources Group has a 12-month low of $14.91 and a 12-month high of $30.52.

MDU Resources Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 1st. Stockholders of record on Thursday, December 12th were given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.16%. The ex-dividend date of this dividend was Thursday, December 12th. MDU Resources Group's dividend payout ratio is currently 37.68%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on MDU. Jefferies Financial Group assumed coverage on MDU Resources Group in a research report on Wednesday, January 8th. They issued a "hold" rating and a $18.00 price target for the company. Siebert Williams Shank upgraded shares of MDU Resources Group from a "hold" rating to a "buy" rating and set a $19.00 target price for the company in a report on Monday, November 4th. StockNews.com cut MDU Resources Group from a "hold" rating to a "sell" rating in a research note on Friday. Finally, Bank of America raised MDU Resources Group from a "neutral" rating to a "buy" rating and dropped their price objective for the company from $31.00 to $17.00 in a research note on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $21.00.

Insider Transactions at MDU Resources Group

In other MDU Resources Group news, Director Dennis W. Johnson purchased 30,000 shares of the business's stock in a transaction on Monday, February 10th. The shares were bought at an average cost of $16.64 per share, for a total transaction of $499,200.00. Following the completion of the purchase, the director now directly owns 180,166 shares in the company, valued at approximately $2,997,962.24. This represents a 19.98 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 1.00% of the company's stock.

MDU Resources Group Company Profile

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.