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NYSE:MDU

MDU Resources Group (MDU) Stock Price, News & Analysis

MDU Resources Group logo
$18.78 +0.04 (+0.21%)
(As of 11/20/2024 ET)

About MDU Resources Group Stock (NYSE:MDU)

Key Stats

Today's Range
$18.67
$18.95
50-Day Range
$15.10
$30.29
52-Week Range
$14.91
$30.52
Volume
2.88 million shs
Average Volume
3.02 million shs
Market Capitalization
$3.83 billion
P/E Ratio
9.63
Dividend Yield
2.77%
Price Target
$22.00
Consensus Rating
Buy

Company Overview

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. The Natural Gas Distribution segment distributes natural gas for residential, commercial, and industrial customers in Idaho, Minnesota, Montana, North Dakota, Oregon, South Dakota, Washington, and Wyoming; and supplies related value-added services. The Pipeline segment provides natural gas transportation and underground storage services through a regulated pipeline system primarily in the Rocky Mountain and northern Great Plains regions; and cathodic protection and other energy-related services. The Construction Services segment offers electrical and mechanical contracting services, including the construction and maintenance of electrical and communication wiring and infrastructure, fire suppression systems, mechanical piping, and services; transmission and distribution contracting services, comprise construction and maintenance of overhead and underground electrical, and gas and communication infrastructure; and manufactures and supplies transmission and distribution lines construction equipment and tools. It serves manufacturing, commercial, industrial, transportation, institutional, and renewable and government customers, as well as utilities. MDU Resources Group, Inc. was incorporated in 1924 and is headquartered in Bismarck, North Dakota.

MDU Resources Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
79th Percentile Overall Score

MDU MarketRank™: 

MDU Resources Group scored higher than 79% of companies evaluated by MarketBeat, and ranked 38th out of 93 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    MDU Resources Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    MDU Resources Group has only been the subject of 2 research reports in the past 90 days.

  • Read more about MDU Resources Group's stock forecast and price target.
  • Earnings Growth

    Earnings for MDU Resources Group are expected to decrease by -16.81% in the coming year, from $1.13 to $0.94 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of MDU Resources Group is 9.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.79.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of MDU Resources Group is 9.63, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 98.18.

  • Price to Earnings Growth Ratio

    MDU Resources Group has a PEG Ratio of 2.42. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    MDU Resources Group has a P/B Ratio of 1.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about MDU Resources Group's valuation and earnings.
  • Percentage of Shares Shorted

    2.83% of the float of MDU Resources Group has been sold short.
  • Short Interest Ratio / Days to Cover

    MDU Resources Group has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in MDU Resources Group has recently increased by 1.45%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    MDU Resources Group pays a meaningful dividend of 2.77%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    MDU Resources Group does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of MDU Resources Group is 26.67%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, MDU Resources Group will have a dividend payout ratio of 55.32% next year. This indicates that MDU Resources Group will be able to sustain or increase its dividend.

  • Read more about MDU Resources Group's dividend.
  • Percentage of Shares Shorted

    2.83% of the float of MDU Resources Group has been sold short.
  • Short Interest Ratio / Days to Cover

    MDU Resources Group has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in MDU Resources Group has recently increased by 1.45%, indicating that investor sentiment is decreasing.
  • News Sentiment

    MDU Resources Group has a news sentiment score of 1.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Utilities companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for MDU Resources Group this week, compared to 4 articles on an average week.
  • Search Interest

    Only 21 people have searched for MDU on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
  • MarketBeat Follows

    Only 2 people have added MDU Resources Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, MDU Resources Group insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.00% of the stock of MDU Resources Group is held by insiders.

  • Percentage Held by Institutions

    71.44% of the stock of MDU Resources Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about MDU Resources Group's insider trading history.
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MDU Stock News Headlines

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MDU Stock Analysis - Frequently Asked Questions

MDU Resources Group's stock was trading at $19.80 on January 1st, 2024. Since then, MDU stock has decreased by 5.2% and is now trading at $18.78.
View the best growth stocks for 2024 here
.

MDU Resources Group, Inc. (NYSE:MDU) issued its quarterly earnings results on Thursday, November, 7th. The utilities provider reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.01. The company's revenue for the quarter was up 5.0% on a year-over-year basis.

MDU Resources Group's top institutional shareholders include State Street Corp (3.11%), FMR LLC (2.57%), Geode Capital Management LLC (1.82%) and Charles Schwab Investment Management Inc. (1.02%). Insiders that own company stock include Rob L Johnson and Dale Rosenthal.
View institutional ownership trends
.

Shares of MDU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that MDU Resources Group investors own include JPMorgan Chase & Co. (JPM), Home Depot (HD), NVIDIA (NVDA), Chevron (CVX), Advanced Micro Devices (AMD), Meta Platforms (META) and Walmart (WMT).

Company Calendar

Dividend Payable
10/31/2024
Ex-Dividend for 10/31 Dividend
11/01/2024
Last Earnings
11/07/2024
Today
11/20/2024
Ex-Dividend for 1/1 Dividend
12/12/2024
Fiscal Year End
12/31/2024
Dividend Payable
1/01/2025
Next Earnings (Estimated)
2/13/2025

Industry, Sector and Symbol

Sector
Utilities
Industry
Mining & quarrying of nonmetallic minerals, except fuels
Sub-Industry
Multi-Utilities
CUSIP
55269010
Employees
9,145
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$22.00
High Stock Price Target
$30.00
Low Stock Price Target
$17.00
Potential Upside/Downside
+17.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$414.71 million
Pretax Margin
9.22%

Debt

Sales & Book Value

Annual Sales
$4.66 billion
Cash Flow
$2.62 per share
Book Value
$14.27 per share

Miscellaneous

Free Float
202,685,000
Market Cap
$3.83 billion
Optionable
Optionable
Beta
0.76

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This page (NYSE:MDU) was last updated on 11/21/2024 by MarketBeat.com Staff
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