MDU Resources Group (MDU) Releases FY18 Earnings Guidance

MDU Resources Group (NYSE:MDU) updated its FY18 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $1.25-1.45 for the period, compared to the Thomson Reuters consensus estimate of $1.33.

Several research firms have recently commented on MDU. KeyCorp restated a buy rating and issued a $28.00 price target on shares of MDU Resources Group in a report on Friday, October 20th. Zacks Investment Research upgraded shares of MDU Resources Group from a sell rating to a hold rating in a report on Thursday, January 4th.

Shares of MDU Resources Group (MDU) opened at $25.67 on Thursday. MDU Resources Group has a twelve month low of $24.29 and a twelve month high of $28.22. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.28 and a quick ratio of 1.01. The company has a market cap of $4,911.91, a PE ratio of 17.83, a PEG ratio of 2.40 and a beta of 0.81.

MDU Resources Group (NYSE:MDU) last posted its quarterly earnings results on Wednesday, February 7th. The utilities provider reported $0.39 EPS for the quarter, beating the consensus estimate of $0.32 by $0.07. MDU Resources Group had a net margin of 6.33% and a return on equity of 10.59%. The business had revenue of $1.17 billion during the quarter. During the same quarter in the prior year, the firm posted $0.33 EPS. The company’s revenue for the quarter was up 14.7% compared to the same quarter last year. sell-side analysts expect that MDU Resources Group will post 1.31 earnings per share for the current year.

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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.

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