MDU Resources Group (NYSE:MDU) Updates FY 2026 Earnings Guidance

MDU Resources Group (NYSE:MDU) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.930-1.000 for the period, compared to the consensus earnings per share estimate of 0.980. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on MDU. Wells Fargo & Company started coverage on MDU Resources Group in a research report on Monday, July 13th. They set an “overweight” rating and a $25.00 target price on the stock. TD Cowen upped their price target on shares of MDU Resources Group to $22.00 and gave the company a “hold” rating in a report on Friday, May 15th. Weiss Ratings reiterated a “hold (c)” rating on shares of MDU Resources Group in a research note on Wednesday, July 8th. Finally, JPMorgan Chase & Co. began coverage on MDU Resources Group in a report on Thursday, April 16th. They set a “neutral” rating and a $22.00 price objective on the stock. Two investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, MDU Resources Group presently has an average rating of “Hold” and an average price target of $22.40.

MDU Resources Group Price Performance

Shares of NYSE:MDU traded up $0.32 during trading on Thursday, reaching $20.34. 598,085 shares of the company’s stock traded hands, compared to its average volume of 1,762,372. The firm has a market cap of $4.16 billion, a PE ratio of 22.03, a P/E/G ratio of 3.72 and a beta of 0.67. The company has a 50-day simple moving average of $20.95 and a 200-day simple moving average of $21.11. The company has a quick ratio of 0.75, a current ratio of 0.78 and a debt-to-equity ratio of 0.82. MDU Resources Group has a fifty-two week low of $15.76 and a fifty-two week high of $22.98.

MDU Resources Group (NYSE:MDU) last issued its quarterly earnings results on Thursday, August 6th. The utilities provider reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.01. MDU Resources Group had a return on equity of 6.82% and a net margin of 10.47%.The firm had revenue of $375.20 million for the quarter, compared to analyst estimates of $396.56 million. During the same period in the previous year, the company posted $0.07 earnings per share. The business’s revenue was up 6.8% on a year-over-year basis. MDU Resources Group has set its FY 2026 guidance at 0.930-1.000 EPS. As a group, analysts predict that MDU Resources Group will post 0.98 earnings per share for the current year.

MDU Resources Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Thursday, June 11th were given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Thursday, June 11th. MDU Resources Group’s dividend payout ratio (DPR) is presently 60.87%.

Hedge Funds Weigh In On MDU Resources Group

Several hedge funds and other institutional investors have recently modified their holdings of MDU. Corient Private Wealth LLC grew its holdings in MDU Resources Group by 64.6% during the 4th quarter. Corient Private Wealth LLC now owns 43,633 shares of the utilities provider’s stock valued at $848,000 after purchasing an additional 17,118 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its position in MDU Resources Group by 67.5% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 21,997 shares of the utilities provider’s stock worth $429,000 after buying an additional 8,868 shares during the last quarter. XTX Topco Ltd purchased a new stake in shares of MDU Resources Group in the 4th quarter valued at approximately $284,000. Yaupon Capital Management LP acquired a new stake in MDU Resources Group during the 4th quarter worth about $23,424,000. Finally, VARCOV Co. purchased a new position in MDU Resources Group in the fourth quarter valued at about $1,042,000. 71.44% of the stock is owned by institutional investors and hedge funds.

MDU Resources Group Company Profile

MDU Resources Group, Inc is a diversified energy and services holding company headquartered in Bismarck, North Dakota. The company operates through two primary segments: Utilities and Construction Services and Pipelines & Midstream. Serving a broad geographic footprint across the upper Midwest and Pacific Northwest, MDU provides essential energy distribution and infrastructure services to residential, commercial and industrial customers.

The Utilities segment delivers electric and natural gas distribution services in Montana, North Dakota, South Dakota, Minnesota, Kansas, Wisconsin, Michigan and Washington.