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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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
BISMARCK, N.D., Oct. 17, 2024 /PRNewswire/ -- Everus Construction Group, an industry-leading construction services provider, will hold an analyst and investor day at 10 a.m. EDT today at the New York Stock Exchange. At the event, management will provide an overview of the company's 4EVER strategic framework, investment highlights, operations, financial performance and anticipated growth prospects. The presentation will be followed by a question-and-answer session. Everus also is reiterating its 2024 guidance: Revenue is expected to be in the range of $2.65 billion to $2.85 bil
BISMARCK, N.D., Oct. 10, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE:MDU) will webcast its third quarter 2024 earnings conference call at 2 p.m. ET Nov. 7. The company will release its third quarter 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 "Q3 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. provides essential products and servic
BISMARCK, N.D., Aug. 15, 2024 /PRNewswire/ -- The board of directors of MDU Resources Group, Inc. (NYSE:MDU) has increased the quarterly dividend on the company's common stock to 13 cents per share, for an annualized dividend of 52 cents per share. This represents a 4% increase over the previous quarterly dividend of 12.5 cents per share. The board continues to target a long-term dividend payout ratio of 60% to 70% of regulated energy delivery earnings. "MDU Resources remains committed to the transition to a pure-play regulated energy delivery business, and the board supports
8-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) (Reporting)
4 - MDU RESOURCES GROUP INC (0000067716) (Issuer)
3 - MDU RESOURCES GROUP INC (0000067716) (Reporting)
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
BISMARCK, N.D., Sept. 30, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE:MDU) board of directors has approved the appointment of Anthony D. Foti as chief legal officer and corporate secretary, effective October 7. He will report directly to MDU Resources president and CEO, Nicole Kivisto, and succeed Paul R. Sanderson, who was previously announced as vice president, chief legal officer and secretary at Everus Construction Group. Foti brings a wealth of experience in corporate governance, securities regulation, and strategic legal operations. He most recently served as se
BISMARCK, N.D., Nov. 1, 2024 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE:MDU) today announced the successful completion of the spinoff of its construction services subsidiary, Everus Construction Group (NYSE:ECG). As a result of the spin-off, Everus is now an independent public company. "This achievement is truly remarkable, and a testament to the hard work and dedication of our employees," said Nicole Kivisto, president and CEO of MDU Resources. "The successful spinoff of Everus within two years of spinning off Knife River Corporation emphasizes our strategic vision for M
Everus Construction Group (NYSE:ECG) today announced the successful completion of its spinoff from MDU Resources Group, Inc. (NYSE:MDU). As a result of the spinoff, Everus will begin "regular way" trading on the New York Stock Exchange as its board of directors and leadership team celebrate becoming an independent, publicly traded company by ringing the Opening Bell®. "Today marks an exciting milestone in Everus' history, which would not have been possible without the hard work and dedication of our highly skilled team members across the country," said Jeffrey S. Thiede, president and CEO of Everus. "We remain focused on our mission of safely Building America's Future as one of the largest
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
4 - MDU RESOURCES GROUP INC (0000067716) (Issuer)
4 - MDU RESOURCES GROUP INC (0000067716) (Issuer)
MDU Resources Group, Inc.'s (NYSE:MDU) board of directors has selected the management team to lead Everus Construction Group, the company's construction services subsidiary, effective when the anticipated spinoff of Everus into an independent, publicly traded company is complete. MDU Resources expects the spinoff to be complete in late 2024.The executive management positions at Everus, effective when the spinoff is complete, include:Jeffrey S. Thiede, who will remain president and CEO, a position he has held since 2013. Thiede has been with the company for 20 years.Thomas D. Nosbusch, who will become chief operating officer. Nosbusch currently is executive vice president of Everus and has be
Gainers NeoVolta (NASDAQ:NEOV) shares increased by 21.2% to $3.0 during Wednesday's pre-market session. The market value of their outstanding shares is at $99.7 million. Globavend Holdings (NASDAQ:GVH) shares rose 16.33% to $1.85. The company's market cap stands at $27.7 million. New Horizon Aircraft (NASDAQ:HOVR) shares moved upwards by 13.7% to $0.97. The company's market cap stands at $17.7 million. ShiftPixy (NASDAQ:PIXY) stock rose 10.52% to $1.89. The market value of their outstanding shares is at $12.7 million. Nuburu (AMEX:BURU) shares rose 7.73% to $0.16. The company's market cap stands at $6.0 million. Astra Space (NASDAQ:ASTR) shares increased by 6.72% to $0.62. The company'
Argus Research analyst David Coleman upgrades MDU Resources Gr (NYSE:MDU) from Hold to Buy and announces $30 price target.
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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
BofA Securities downgraded MDU Resources from Buy to Neutral and set a new price target of $31.00 from $30.00 previously