MDU Resources Group (MDU) Scheduled to Post Earnings on Wednesday

MDU Resources Group (NYSE:MDU) will be releasing its earnings data before the market opens on Wednesday, October 31st. Analysts expect MDU Resources Group to post earnings of $0.56 per share for the quarter.

MDU Resources Group (NYSE:MDU) last posted its quarterly earnings results on Tuesday, July 31st. The utilities provider reported $0.22 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.06). The business had revenue of $1.06 billion during the quarter. MDU Resources Group had a net margin of 6.45% and a return on equity of 10.40%. On average, analysts expect MDU Resources Group to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

MDU opened at $25.52 on Tuesday. The company has a quick ratio of 1.05, a current ratio of 1.39 and a debt-to-equity ratio of 0.71. The company has a market capitalization of $4.98 billion, a PE ratio of 20.42, a price-to-earnings-growth ratio of 2.82 and a beta of 0.58. MDU Resources Group has a 12 month low of $24.29 and a 12 month high of $29.62.

The firm also recently declared a quarterly dividend, which was paid on Monday, October 1st. Stockholders of record on Thursday, September 13th were issued a $0.1975 dividend. The ex-dividend date of this dividend was Wednesday, September 12th. This represents a $0.79 annualized dividend and a dividend yield of 3.10%. MDU Resources Group’s dividend payout ratio is currently 63.20%.

Several research firms have recently commented on MDU. KeyCorp raised their price target on MDU Resources Group from $29.00 to $30.00 and gave the company a “$29.34” rating in a report on Thursday, July 19th. Citigroup raised their price target on MDU Resources Group from $28.00 to $29.00 and gave the company a “neutral” rating in a report on Tuesday, July 31st. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. MDU Resources Group currently has an average rating of “Buy” and an average target price of $29.25.

About MDU Resources Group

MDU Resources Group, Inc engages in regulated energy delivery, and construction materials and services businesses in the United States. The company operates through five segments: Electric, Natural Gas Distribution, Pipeline and Midstream, Construction Materials and Contracting, and Construction Services.

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Earnings History for MDU Resources Group (NYSE:MDU)

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