MDU Resources Group (NYSE:MDU – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.880-0.980 for the period, compared to the consensus estimate of 1.290. The company issued revenue guidance of -.
MDU Resources Group Stock Up 1.8 %
MDU stock opened at $17.98 on Thursday. The company’s 50 day moving average is $18.43 and its two-hundred day moving average is $22.68. MDU Resources Group has a twelve month low of $14.91 and a twelve month high of $30.52. The company has a current ratio of 1.15, a quick ratio of 1.07 and a debt-to-equity ratio of 0.73. The stock has a market cap of $3.66 billion, a P/E ratio of 9.22, a PEG ratio of 2.67 and a beta of 0.80.
MDU Resources Group (NYSE:MDU – Get Free Report) last posted its earnings results on Thursday, November 7th. The utilities provider reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.01. MDU Resources Group had a return on equity of 11.24% and a net margin of 8.92%. The business had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $969.17 million. During the same period in the previous year, the business earned $0.29 EPS. The business’s quarterly revenue was up 5.0% on a year-over-year basis. Research analysts expect that MDU Resources Group will post 1.09 earnings per share for the current fiscal year.
MDU Resources Group Dividend Announcement
Analysts Set New Price Targets
MDU has been the subject of several analyst reports. Siebert Williams Shank raised shares of MDU Resources Group from a “hold” rating to a “buy” rating and set a $19.00 price target for the company in a report on Monday, November 4th. StockNews.com assumed coverage on MDU Resources Group in a report on Friday, January 3rd. They issued a “hold” rating for the company. Jefferies Financial Group began coverage on MDU Resources Group in a report on Wednesday, January 8th. They set a “hold” rating and a $18.00 price objective on the stock. Finally, Bank of America raised MDU Resources Group from a “neutral” rating to a “buy” rating and reduced their target price for the company from $31.00 to $17.00 in a report on Tuesday, November 5th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, MDU Resources Group presently has an average rating of “Moderate Buy” and a consensus target price of $21.00.
Read Our Latest Analysis on MDU Resources Group
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.
Featured Stories
- Five stocks we like better than MDU Resources Group
- What is a Secondary Public Offering? What Investors Need to Know
- Alphabet’s 8% Drop Might Be the Entry Opportunity of the Year
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- Volatility is Back: 3 Must-Have Stocks to Weather the Storm
- What Investors Need to Know About Upcoming IPOs
- BigBear.ai: Can New Leadership and Deregulation Unlock Growth?
Receive News & Ratings for MDU Resources Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MDU Resources Group and related companies with MarketBeat.com's FREE daily email newsletter.