MDU Resources Group (MDU) to Release Earnings on Thursday

MDU Resources Group (NYSE:MDU) is scheduled to be releasing its earnings data before the market opens on Thursday, May 2nd. Parties that are interested in participating in the company’s conference call can do so using this link.

MDU Resources Group (NYSE:MDU) last issued its earnings results on Thursday, February 8th. The utilities provider reported $0.48 earnings per share for the quarter. MDU Resources Group had a return on equity of 8.84% and a net margin of 8.35%. The business had revenue of $1.14 billion for the quarter. On average, analysts expect MDU Resources Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

MDU Resources Group Stock Up 1.3 %

Shares of NYSE:MDU opened at $25.00 on Tuesday. MDU Resources Group has a 1 year low of $18.04 and a 1 year high of $25.78. The stock has a 50-day simple moving average of $23.33 and a 200-day simple moving average of $20.73. The stock has a market capitalization of $5.10 billion, a P/E ratio of 12.25, a PEG ratio of 2.74 and a beta of 0.78. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.19 and a current ratio of 1.27.

MDU Resources Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 1st. Stockholders of record on Thursday, March 14th were given a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 2.00%. The ex-dividend date was Wednesday, March 13th. MDU Resources Group’s payout ratio is 24.51%.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of MDU Resources Group from a “buy” rating to a “hold” rating in a research note on Wednesday, April 3rd.

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.