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

MDU Resources Group (NYSE:MDU) will be posting its quarterly earnings results before the market opens on Thursday, November 7th. Analysts expect MDU Resources Group to post earnings of $0.36 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

MDU Resources Group (NYSE:MDU) last issued its quarterly earnings results on Thursday, August 8th. The utilities provider reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.11. MDU Resources Group had a net margin of 9.25% and a return on equity of 11.29%. The firm had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the prior year, the firm earned $0.29 EPS. The business’s revenue was down 4.0% on a year-over-year basis. 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 Price Performance

Shares of MDU Resources Group stock opened at $15.43 on Tuesday. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.22 and a quick ratio of 1.15. MDU Resources Group has a fifty-two week low of $14.91 and a fifty-two week high of $30.52. The firm has a fifty day moving average price of $26.81 and a two-hundred day moving average price of $25.77. The company has a market cap of $3.15 billion, a PE ratio of 7.72, a price-to-earnings-growth ratio of 1.42 and a beta of 0.76.

MDU Resources Group Announces Dividend

The business also recently declared a dividend, which was paid on Thursday, October 31st. Shareholders of record on Monday, October 21st were issued a $12.875 dividend. The ex-dividend date of this dividend was Friday, November 1st. MDU Resources Group’s dividend payout ratio (DPR) is presently 26.00%.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on MDU. StockNews.com began coverage on shares of MDU Resources Group in a report on Tuesday. They set a “hold” rating for the company. Bank of America reaffirmed a “neutral” rating and set a $31.00 price objective (up from $30.00) on shares of MDU Resources Group in a report on Monday, October 21st. Finally, Siebert Williams Shank raised shares of MDU Resources Group from a “hold” rating to a “buy” rating and set a $19.00 price objective for the company in a report on Monday.

MDU Resources Group Company Profile

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.