MDU Resources Group (NYSE:MDU) Sets New 1-Year Low After Earnings Miss

MDU Resources Group, Inc. (NYSE:MDU)’s stock price reached a new 52-week low during trading on Friday following a weaker than expected earnings announcement. The stock traded as low as $18.14 and last traded at $18.3750, with a volume of 45,240 shares traded. The stock had previously closed at $18.53.

The utilities provider reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). The business had revenue of $347.75 million for the quarter, compared to analyst estimates of $346.63 million. MDU Resources Group had a return on equity of 6.89% and a net margin of 10.75%. The company’s revenue was up 10.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.09 EPS.

MDU Resources Group Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were paid a $0.1450 dividend. The ex-dividend date of this dividend was Thursday, September 10th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 3.1%. This is an increase from MDU Resources Group’s previous quarterly dividend of $0.14. MDU Resources Group’s dividend payout ratio (DPR) is currently 61.05%.

Key MDU Resources Group News

Here are the key news stories impacting MDU Resources Group this week:

• Positive Sentiment: MDU reached a positive final investment decision on the Bakken East Pipeline, a strategic growth project intended to help meet rising energy demand. MDU Resources Q3 2026 results
• Positive Sentiment: Revenue rose 10.4% year over year to about $347.8 million, slightly exceeding analyst expectations. MDU Resources Q3 2026 results
• Neutral Sentiment: The company reaffirmed 2026 EPS guidance of $0.93–$1.00, a range that includes the $0.98 consensus estimate. This avoids a forecast cut but offers no upward revision. MDU Resources Q3 2026 results
• Negative Sentiment: Adjusted EPS was $0.08, below the $0.10 consensus and down from $0.09 a year earlier; reported net income also fell to $14.0 million from $18.4 million. Higher costs offset revenue growth, putting pressure on the earnings outlook. MDU Q3 earnings miss estimates

Analyst Ratings Changes

MDU has been the topic of a number of research analyst reports. JPMorgan Chase & Co. upgraded shares of MDU Resources Group from a “neutral” rating to an “overweight” rating and set a $27.00 price objective on the stock in a research note on Thursday, August 6th. Wells Fargo & Company assumed coverage on MDU Resources Group in a research report on Monday, July 13th. They issued an “overweight” rating and a $25.00 target price for the company. Finally, Weiss Ratings lowered MDU Resources Group from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, October 21st. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $23.75.

Institutional Trading of MDU Resources Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new position in MDU Resources Group in the second quarter worth approximately $580,127,000. Barrow Hanley Mewhinney & Strauss LLC bought a new position in shares of MDU Resources Group in the second quarter valued at $276,933,000. Bank of America Corp DE acquired a new stake in shares of MDU Resources Group during the 2nd quarter valued at $129,159,000. Hennessy Advisors Inc. lifted its position in shares of MDU Resources Group by 1,840.7% during the 3rd quarter. Hennessy Advisors Inc. now owns 3,487,504 shares of the utilities provider’s stock valued at $64,658,000 after acquiring an additional 3,307,797 shares during the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in shares of MDU Resources Group during the 2nd quarter valued at $49,435,000. 71.44% of the stock is owned by institutional investors and hedge funds.

MDU Resources Group Trading Down 0.0%

The firm has a market capitalization of $3.79 billion, a P/E ratio of 19.50, a price-to-earnings-growth ratio of 3.66 and a beta of 0.66. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.95 and a current ratio of 0.99. The firm has a 50 day moving average price of $19.10 and a two-hundred day moving average price of $20.55.

MDU Resources Group Company Profile

MDU Resources Group, Inc is a regulated energy delivery company headquartered in Bismarck, North Dakota. Through its utility and pipeline businesses, the company provides electric and natural gas services to residential, commercial, industrial and institutional customers.

Montana-Dakota Utilities operates electric generation, transmission and distribution systems, as well as natural gas distribution networks, across parts of North Dakota, South Dakota, Montana and Wyoming. Great Plains Natural Gas provides natural gas service in portions of Minnesota.