The stock's average target of $20.33 is -24.54% below today's ($26.94) share price. The company has a 50-day moving average price of $26.63 and a 200 day moving average price of $26.59.
The company announced a dividend which was paid on Sunday October 1st, 2017.
Several other large investors also recently added to or reduced their stakes in MDU.
Ratings analysis reveals 0 of MDU Resources's analysts are positive.
According to the the latest analyst ratings which have been released, 1 brokers have issued a rating of "buy", 1 brokers "outperform", 3 brokers "hold", 0 brokers "underperform" and 0 brokers "sell". The lowest target is $15 while the high is $26. The stock's 50 day moving average is $26.66 and its 200 day moving average is $26.59. The stock has a market capitalization of $5.18 billion, a P/E ratio of 23.08 and a beta of 0.91. The value of the total investment in MDU Resources Group, Inc. went from $13,726,000 to $13,041,000 a change of $685,000 quarter over quarter. The utilities provider reported $0.22 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.25 by ($0.03). The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.10 billion. MDU Resources Group had a return on equity of 10.24% and a net margin of 5.37%. During the same quarter in the previous year, the business earned $0.24 earnings per share. Equities analysts expect that MDU Resources Group will post $1.21 EPS for the current year. Finally, Schwab Charles Investment Management Inc. lifted its stake in MDU Resources Group by 1.7% in the 2nd quarter. "(MDU) Upgraded to "Buy" by Zacks Investment Research" was originally published by TrueBlueTribune and is the property of of TrueBlueTribune. If you are accessing this news story on another publication, it was illegally copied and republished in violation of United States and worldwide trademark and copyright laws. The ratio is neither negative nor positive, as only 124 hedge funds increased or started new positions, while 119 sold and decreased their positions in Mdu Resources Group Inc. Peregrine Asset Advisers Inc. owns 163,034 shares or 2.73% of their USA portfolio. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
09/22/2014 - MDU Resources Group, Inc. had its "sector perform" rating reiterated by analysts at Scotiabank. Bank of The West now owns 8,083 shares of the utilities provider's stock valued at $212,000 after purchasing an additional 24 shares in the last quarter. After posting $0.22 EPS for the previous quarter, MDU Resources Group Inc's analysts now forecast 136.36 % EPS growth. First Trust Advisors LP now owns 1,162,242 shares of the utilities provider's stock worth $30,451,000 after acquiring an additional 415,563 shares in the last quarter. The firm owned 505,674 shares of the utilities provider's stock after selling 122,256 shares during the quarter. Utah Retirement Systems increased its stake in MDU Resources Group by 0.3% during the 2nd quarter. Wespac Advisors Socal, LLC expanded its stake by buying 600 shares an increase of 0.4% as of 06/30/2017. Institutional investors and hedge funds own 63.56% of the company's stock.
MDU Resources Group, Inc., launched on March 14, 1924, is involved in regulated energy delivery and construction materials and services business. The Company's businesses segments are electric, natural gas distribution, pipeline and midstream, construction materials and contracting, and construction services. The electric segment generates, transmits and distributes electricity in Montana, North Dakota, South Dakota and Wyoming.