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 Neutral to Buy and set a new price target of $17.00
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Recent Analyst Ratings for $MDU
| 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 |
MDU Resources Announces Plans to Invest in Badger Wind Farm
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
MDU Resources Announces New Vice Chair of the Board of Directors
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
MDU Resources Announces Quarterly Dividend on Common Stock
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
Jefferies initiated coverage on MDU Resources with a new price target
Jefferies initiated coverage of MDU Resources with a rating of Hold and set a new price target of $18.00
MDU Resources upgraded by BofA Securities with a new price target
BofA Securities upgraded MDU Resources from Neutral to Buy and set a new price target of $17.00
MDU Resources upgraded by Siebert Williams Shank with a new price target
Siebert Williams Shank upgraded MDU Resources from Hold to Buy and set a new price target of $19.00
Director Johnson Dennis W bought $499,200 worth of shares (30,000 units at $16.64), increasing direct ownership by 20% to 180,166 units (SEC Form 4)
4 - MDU RESOURCES GROUP INC (0000067716) (Issuer)
Johnson Rob L. bought $923,970 worth of Common Stock - 401 (36,291 units at $25.46) (SEC Form 4)
4 - MDU RESOURCES GROUP INC (0000067716) (Issuer)
Rosenthal Dale bought $8,456 worth of shares (375 units at $22.55), increasing direct ownership by 2% to 16,499 units (SEC Form 4)
4 - MDU RESOURCES GROUP INC (0000067716) (Issuer)
ChiefAccntg&RegAffairsOfficer Sievert Stephanie A covered exercise/tax liability with 9,506 shares and was granted 4,974 shares, decreasing direct ownership by 4% to 96,333 units (SEC Form 4)
4 - MDU RESOURCES GROUP INC (0000067716) (Issuer)
President & CEO Kivisto Nicole A was granted 45,969 shares and covered exercise/tax liability with 30,316 shares, increasing direct ownership by 3% to 538,093 units (SEC Form 4)
4 - MDU RESOURCES GROUP INC (0000067716) (Issuer)
Chief Utilities Officer Senger Garret was granted 7,514 shares and covered exercise/tax liability with 7,470 shares, increasing direct ownership by 0.04% to 101,295 units (SEC Form 4)
4 - MDU RESOURCES GROUP INC (0000067716) (Issuer)
SEC Form 10-K filed by MDU Resources Group Inc.
10-K - MDU RESOURCES GROUP INC (0000067716) (Filer)
MDU Resources Group Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year, Regulation FD Disclosure, Financial Statements and Exhibits
8-K - MDU RESOURCES GROUP INC (0000067716) (Filer)
MDU Resources Group Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits
8-K - MDU RESOURCES GROUP INC (0000067716) (Filer)
MDU Resources Welcomes Vernon Dosch to Board of Directors
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
Everus Construction Group Set to Join S&P SmallCap 600
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
DocuSign Set to Join S&P MidCap 400 and MDU Resources Group to Join S&P SmallCap 600
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
MDU Resources Announces Quarterly Dividend on Common Stock
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
MDU Resources Reports Strong Performance; Initiates Guidance for 2025
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
MDU Resources to Webcast Year-End 2024 Earnings Conference Call
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
Amendment: SEC Form SC 13D/A filed by MDU Resources Group Inc.
SC 13D/A - MDU RESOURCES GROUP INC (0000067716) (Subject)
SEC Form SC 13D/A filed by MDU Resources Group Inc. (Amendment)
SC 13D/A - MDU RESOURCES GROUP INC (0000067716) (Subject)
SEC Form SC 13G/A filed by MDU Resources Group Inc. (Amendment)
SC 13G/A - MDU RESOURCES GROUP INC (0000067716) (Subject)