Favorable Media Coverage Somewhat Unlikely to Affect MDU Resources Group (MDU) Share Price

Press coverage about MDU Resources Group (NYSE:MDU) has trended positive this week, according to Accern Sentiment. Accern identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. MDU Resources Group earned a news impact score of 0.41 on Accern’s scale. Accern also assigned press coverage about the utilities provider an impact score of 46.2203370077102 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

MDU Resources Group (NYSE MDU) traded up $0.19 on Friday, hitting $26.21. The stock had a trading volume of 413,034 shares, compared to its average volume of 858,673. MDU Resources Group has a fifty-two week low of $25.14 and a fifty-two week high of $29.74. The stock has a market cap of $5,107.21, a P/E ratio of 22.21, a P/E/G ratio of 2.75 and a beta of 0.91. The company has a current ratio of 1.28, a quick ratio of 1.01 and a debt-to-equity ratio of 0.68.

MDU Resources Group (NYSE:MDU) last released its quarterly earnings data on Wednesday, November 1st. The utilities provider reported $0.46 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.03). The business had revenue of $1.27 billion during the quarter. MDU Resources Group had a net margin of 5.39% and a return on equity of 10.20%. During the same quarter in the prior year, the firm posted $0.45 EPS. analysts forecast that MDU Resources Group will post 1.19 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, January 1st. Investors of record on Thursday, December 14th will be paid a dividend of $0.1975 per share. This represents a $0.79 dividend on an annualized basis and a yield of 3.01%. The ex-dividend date of this dividend is Wednesday, December 13th. This is an increase from MDU Resources Group’s previous quarterly dividend of $0.19. MDU Resources Group’s dividend payout ratio (DPR) is currently 66.95%.

A number of research analysts have recently commented on MDU shares. KeyCorp reiterated a “buy” rating and issued a $29.50 price objective on shares of MDU Resources Group in a report on Friday, December 15th. Zacks Investment Research upgraded MDU Resources Group from a “hold” rating to a “buy” rating and set a $30.00 price objective on the stock in a report on Wednesday, October 11th.

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MDU Resources Group Company Profile

MDU Resources Group, Inc is engaged 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.

Insider Buying and Selling by Quarter for MDU Resources Group (NYSE:MDU)

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