MDU Resources Group (NYSE:MDU) Issues FY 2025 Earnings Guidance

by · The Cerbat Gem

MDU Resources Group (NYSE:MDU – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 0.900-0.950 for the period, compared to the consensus EPS estimate of 0.930. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on MDU. Cowen began coverage on MDU Resources Group in a research note on Wednesday, October 15th. They set a “hold” rating for the company. Weiss Ratings raised shares of MDU Resources Group from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, October 8th. Zacks Research cut shares of MDU Resources Group from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 14th. TD Cowen started coverage on shares of MDU Resources Group in a research report on Thursday, October 16th. They issued a “hold” rating and a $20.00 target price on the stock. Finally, Wall Street Zen lowered shares of MDU Resources Group from a “hold” rating to a “sell” rating in a research note on Saturday, August 9th. One research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, MDU Resources Group has an average rating of “Hold” and an average target price of $21.00.

Read Our Latest Stock Analysis on MDU Resources Group

MDU Resources Group Stock Performance

MDU Resources Group stock traded up $0.10 during mid-day trading on Friday, reaching $20.72. 130,089 shares of the company were exchanged, compared to its average volume of 1,875,444. The firm’s 50-day simple moving average is $17.93 and its two-hundred day simple moving average is $17.22. MDU Resources Group has a twelve month low of $15.04 and a twelve month high of $20.76. The firm has a market cap of $4.23 billion, a PE ratio of 19.57, a price-to-earnings-growth ratio of 3.12 and a beta of 0.73. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.71 and a current ratio of 0.74.

MDU Resources Group (NYSE:MDU – Get Free Report) last released its earnings results on Thursday, November 6th. The utilities provider reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.02. MDU Resources Group had a return on equity of 8.29% and a net margin of 8.25%.The business had revenue of $315.10 million for the quarter, compared to analyst estimates of $263.93 million. During the same quarter in the previous year, the company posted $0.32 earnings per share. The company’s revenue for the quarter was up 8.8% compared to the same quarter last year. MDU Resources Group has set its FY 2025 guidance at 0.900-0.950 EPS. Equities analysts predict that MDU Resources Group will post 0.94 earnings per share for the current fiscal year.

MDU Resources Group Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Thursday, September 11th were paid a $0.14 dividend. This is a boost from MDU Resources Group’s previous quarterly dividend of $0.13. The ex-dividend date was Thursday, September 11th. This represents a $0.56 annualized dividend and a dividend yield of 2.7%. MDU Resources Group’s dividend payout ratio (DPR) is 52.83%.

Insider Buying and Selling at MDU Resources Group

In other news, CFO Jason L. Vollmer purchased 5,000 shares of the company’s stock in a transaction dated Monday, September 8th. The shares were acquired at an average cost of $16.07 per share, for a total transaction of $80,350.00. Following the completion of the purchase, the chief financial officer directly owned 344,548 shares in the company, valued at $5,536,886.36. The trade was a 1.47% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.94% of the stock is currently owned by insiders.

Hedge Funds Weigh In On MDU Resources Group

A number of large investors have recently modified their holdings of MDU. Boothbay Fund Management LLC lifted its holdings in shares of MDU Resources Group by 6.5% in the 2nd quarter. Boothbay Fund Management LLC now owns 12,235 shares of the utilities provider’s stock valued at $204,000 after buying an additional 742 shares during the period. Geneos Wealth Management Inc. raised its position in MDU Resources Group by 94.5% in the second quarter. Geneos Wealth Management Inc. now owns 1,647 shares of the utilities provider’s stock worth $27,000 after acquiring an additional 800 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in MDU Resources Group by 56.4% in the second quarter. EverSource Wealth Advisors LLC now owns 2,508 shares of the utilities provider’s stock valued at $42,000 after acquiring an additional 904 shares during the period. Cerity Partners LLC lifted its holdings in MDU Resources Group by 1.2% in the second quarter. Cerity Partners LLC now owns 145,121 shares of the utilities provider’s stock valued at $2,419,000 after acquiring an additional 1,654 shares during the period. Finally, Corient Private Wealth LLC boosted its position in shares of MDU Resources Group by 8.6% during the 2nd quarter. Corient Private Wealth LLC now owns 23,001 shares of the utilities provider’s stock worth $383,000 after purchasing an additional 1,819 shares in the last quarter. 71.44% of the stock is owned by hedge funds and other institutional investors.

About MDU Resources Group

(Get Free Report)

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.

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