MDU Resources upgraded by BofA Securities with a new price target
$MDU
Mining & Quarrying of Nonmetallic Minerals (No Fuels)
Industrials
BofA Securities upgraded MDU Resources from Underperform to Buy and set a new price target of $22.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/8/2025 | $18.00 | Hold | Jefferies |
| 11/5/2024 | $17.00 | Neutral → Buy | BofA Securities |
| 11/4/2024 | $19.00 | Hold → Buy | Siebert Williams Shank |
| 10/21/2024 | $30.00 → $31.00 | Buy → Neutral | BofA Securities |
| 5/20/2024 | $30.00 | Hold → Buy | Argus |
| 6/1/2023 | $22.00 | Underperform → Buy | BofA Securities |
| 10/24/2022 | $30.00 → $26.00 | Neutral → Underperform | BofA Securities |
| 8/5/2022 | $29.00 → $30.00 | Buy → Neutral | BofA Securities |
10-K - MDU RESOURCES GROUP INC (0000067716) (Filer)
8-K - MDU RESOURCES GROUP INC (0000067716) (Filer)
8-K - MDU RESOURCES GROUP INC (0000067716) (Filer)
4 - MDU RESOURCES GROUP INC (0000067716) (Issuer)
4 - MDU RESOURCES GROUP INC (0000067716) (Issuer)
4 - MDU RESOURCES GROUP INC (0000067716) (Issuer)
4 - MDU RESOURCES GROUP INC (0000067716) (Issuer)
4 - MDU RESOURCES GROUP INC (0000067716) (Issuer)
4 - MDU RESOURCES GROUP INC (0000067716) (Issuer)
Jefferies initiated coverage of MDU Resources with a rating of Hold and set a new price target of $18.00
BofA Securities upgraded MDU Resources from Neutral to Buy and set a new price target of $17.00
Siebert Williams Shank upgraded MDU Resources from Hold to Buy and set a new price target of $19.00
BISMARCK, N.D., Nov. 14, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE:MDU) today announced that its board of directors has elected Vernon A. Dosch as a director, effective Nov. 15, 2024. Dosch, a respected leader with more than 45 years of expertise in the electric utility and broadband industries, brings a deep commitment to community and industry advancement. "We are excited to welcome Vern to our board," said Dennis W. Johnson, chair of the board. "His dedication to industry innovation, community service, and proven ability to lead transformation initiatives in the
NEW YORK, Oct. 29, 2024 /PRNewswire/ -- Everus Construction Group Inc. (NYSE:ECG) will be added to the S&P SmallCap 600 effective prior to the opening of trading on Friday, November 1, replacing Clearwater Paper Corp. (NYSE:CLW), which will be removed from the S&P SmallCap 600 effective prior to the opening of trading on Monday, November 4. S&P SmallCap 600 constituent MDU Resources Group Inc. (NYSE:MDU) is spinning off Everus Construction Group in a transaction expected to be completed on November 1. Following the spin-off, the parent company MDU Resources Group will remain in the S&P SmallCap 600 but will change its Global Industry Classification Standard (GICS) sector from Industrials to
NEW YORK, Oct. 7, 2024 /PRNewswire/ -- DocuSign Inc. (NASD:DOCU) will replace MDU Resources Group Inc. (NYSE:MDU) in the S&P MidCap 400, and MDU Resources Group will replace Chuy's Holdings Inc. (NASD:CHUY) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, October 11. S&P 500 constituent Darden Restaurants Inc. (NYSE:DRI) is acquiring Chuy's Holdings in a deal expected to be completed soon, pending final closing conditions. MDU Resources announced its intention to spin-off a company later this month. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ti
SC 13D/A - MDU RESOURCES GROUP INC (0000067716) (Subject)
SC 13D/A - MDU RESOURCES GROUP INC (0000067716) (Subject)
SC 13G/A - MDU RESOURCES GROUP INC (0000067716) (Subject)
BISMARCK, N.D., Feb. 14, 2025 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE:MDU) is pleased to announce that its subsidiary, Montana-Dakota Utilities Co. (MDU), has signed a purchase agreement to acquire a 49% ownership interest in the Badger Wind Farm. This acquisition represents 122.5 MW of the project's total 250 MW generation capacity. The purchase agreement is contingent on regulatory approval from the North Dakota Public Service Commission (NDPSC). MDU's 2024 Integrated Resource Plan (IRP) identified the need for additional generation capacity to meet future energy dem
BISMARCK, N.D., Feb. 13, 2025 /PRNewswire/ -- MDU Resources Group Inc. (NYSE:MDU) announced today that its board of directors has elected Darrel T. Anderson to serve as its vice chair, effective immediately. Anderson has been an independent director of MDU Resources since 2023, and chairs the Board's Compensation and Human Capital Committee. "Darrel's election as vice chair is the culmination of a planned succession process, continuing our track record of active planning for board succession and adherence to governance best practices," said Dennis W. Johnson, chair of MDU Res
BISMARCK, N.D., Feb. 13, 2025 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE:MDU) board of directors today declared a quarterly dividend on the company's common stock of 13.0 cents per share, unchanged from the previous quarter. The dividend is payable on April 1 to stockholders of record as of March 13, 2025. About MDU Resources Group, Inc.MDU Resources Group, Inc., a member of the S&P SmallCap 600 index, provides essential products and services through its regulated electric and natural gas distribution and pipeline segments. Founded in 1924 as a small electric utility, M
BISMARCK, N.D., Feb. 13, 2025 /PRNewswire/ -- MDU Resources Group, Inc.'s (NYSE:MDU) board of directors today declared a quarterly dividend on the company's common stock of 13.0 cents per share, unchanged from the previous quarter. The dividend is payable on April 1 to stockholders of record as of March 13, 2025. About MDU Resources Group, Inc.MDU Resources Group, Inc., a member of the S&P SmallCap 600 index, provides essential products and services through its regulated electric and natural gas distribution and pipeline segments. Founded in 1924 as a small electric utility, M
Net income of $281.1 million.Regulated energy delivery earnings totaled $189.7 million, 13.6% increase year-over-year.Record annual pipeline transportation volumes, up 8.1% year-over-year.Utility rate base grew 6.8% year-over-year.2025 guidance: earnings per share in the range of $0.88 to $0.98.BISMARCK, N.D., Feb. 6, 2025 /PRNewswire/ -- MDU Resources Group Inc. (NYSE:MDU) today announced its financial results for 2024, showcasing strong year-over-year regulated growth. Key infrastructure projects and regulatory rate relief drove robust performance, positioning the company for continued success as a premier regulated energy delivery business following the successful spinoff of Everus Constr
BISMARCK, N.D., Jan. 16, 2025 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE:MDU) will webcast its year-end 2024 earnings conference call at 2 p.m. ET Feb. 6. The company will release its year-end results before U.S. financial markets open that day. The webcast can be accessed at www.mdu.com under the "Investors" heading. Select "Events & Presentations," and click "Year-End 2024 Earnings Conference Call." After the conclusion of the webcast, a replay will be available at the same location. About MDU ResourcesMDU Resources Group, Inc., a member of the S&P SmallCap 600 index, p