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MDU Resources Group, Inc. (MDU)

NYSE - NYSE Delayed Price. Currency in USD
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28.25-0.72 (-2.49%)
At close: 04:00PM EDT
28.25 0.00 (0.00%)
After hours: 04:47PM EDT

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  • B
    Market down, Mdu is steady
  • t
    MDU will be MDU and Knife River Resources
  • P
    OK p 9th
  • w
    What is the record date for the split ?
  • j
    I would like go think the earnings news today should keep us in and around the low thirties for now.
  • R
    Earnings were not the best, but market seems to be very excited about the split into two companies.
  • j
    Still over 3% yield - love it!
  • B
    MDU --Great earnings released EPS = .56 cents ACTUAL.
    2:53 pm ET February 4, 2021 (CFRA) Print - Raise $2 to target price $32. A great company to own with %3.20 dividend.
    ""Our $32 target price, raised $2, is based on discounted cash flow analysis and implies a 14.2x multiple on projected '22 EPS, a discount to MDU's three-year forward average (16.5x) and the peer group median (19.6x). We raise our '21 EPS estimate $0.17 to $2.12 and initiate '22's estimate at $2.25. MDU posts Q4 normalized EPS of $0.56 vs. $0.47, beating the consensus forecast by $0.04. The construction materials business saw a 22% increase in earnings in 2020 on $2.2B of revenue while the construction services business saw an 18% increase on $2.1B of revenue. Mild weather allowed for a longer-than-average construction season and total backlog grew to $1.9B (+6% Y/Y), indicating demand for MDU's contracting services remains strong. The utility segment saw 1.8% overall customer growth, but electric and natural gas sales volumes declined 3.3% and 7.4%, respectively, amid the pandemic. We think near term demand-catalysts for MDU include stimulus, a potential infrastructure bill, and vaccine roll-outs.""
    Great time to accumulate more MDU shares.
  • B
    MDU buys up aggregate and cement supplier in Wyoming...With control of the aggregate(rock pits) supply and cement plants they having pricing it...
  • B
    MDU released an outstanding EPS on Nov 4-2020. " Was maintains a BUY RATING BY CFRA - a five start investment research firm with a price target of $30 on Nov 5-2020. (See Benzinga MDU Resources Gr Q3 EPS $0.76 Beats $0.63 Estimate, Sales $1.59B Up From $1.56B YoY
    4:57 pm ET November 4, 2020 (Benzinga) Print"

    1:36 pm ET November 5, 2020 (CFRA) Print
    Our 12-month target price remains $30, reflecting a 15.4x multiple on projected '21 EPS, a discount to MDU's historical forward average and a discount to peers (MDU historically trades at a discount). Following MDU's upward revision to guidance, we raise our '20 EPS estimate $0.04 to $1.85 and '21's estimate $0.12 to $1.95. MDU posted Q3 normalized EPS of $0.76 (+11% YoY), beating consensus by $0.12. The regulated energy business underperformed in Q3, but MDU's construction businesses outperformed, offsetting the loss. Despite lower revenues for construction materials, earnings were higher as low energy prices boosted margins. Construction services (+41% YoY) saw growth in its inside electrical contracting work, particularly for hospitality and high-tech clients, and maintained its resilient backlog ($1.2B). We continue to see value in MDU as it exposes investors to some cyclical-based recovery (via construction work), while providing a steady stream of income from its regulated utility businesses.
    MDU Resources Gr (NYSE:MDU) reported quarterly earnings of $0.76 per share which beat the analyst consensus estimate of $0.63 by 20.63 percent. This is a 11.76 percent increase over earnings of $0.68 per share from the same period last year. The company reported $1.59 billion in sales this quarter. This is a 1.49 percent increase over sales of $1.56 billion the same period last year."

    While all MDU peers in the UTILITIES SECTORS ' are ALL UP and MDUdid price not respond well to today's market rally.

    I would take this great opportunity to accumulate more MDU at this deep discounts and collecting a nice DIVIDENT at 3.50%.
  • g
    I was hoping for an opportunity to get in to MDU and this earnings miss provided just that. With the infrastructure bill and the broad number of states MDU does construction in I can't see them having any issues with cashflow. On the earnings report I read backlog of construction work and I don't that backlog will shrink any as states get there infrastructure money.
  • H
    things look solid for MDU they are making contracts with the private and public sector on key markets like gas energy and infrastructure is only going up from here!
  • L
    @MDU Q4 earnings released on Feb 3 : the consensus estimated was .84 cents and the actual was .86 cents , increasing 16% in FY2020.
    For FY 2021,, the MDU management see FY 2021 EPS $1.95-$2.15 vs $1.94 EST. MDU was upgraded by
    CFRA to BUY.
    Time to ADD more MDU shares with a nice dividend of 3.30%.
  • A
    Holding MDU 24 years. Seven percent annualized gain, plus the dividends. Rarely have commented here. Was more exciting in the olden days. Still a bit away from all-time high of six years ago.
  • T
    I agree. Infrastructure will be plus for MDU. The share price will be much higher as we move along. They just bought a quarry and a paving Company. Their hard work will and is dividends on our Shares. Go MDU
  • D
    Super excited to slowly add to my position here. Wish I could add more right now but I have other plays that need to play out.

    Good company in a quietly growing area of the country. Deals in real stuff. Bubble and geographic risk resistant. Won't get regulated away if it runs too strong (BTC comes to mind). Dividend much better than a bank.
  • R
    Infrastructure bill adds several more dollars/share if such becomes reality.
  • P
    MDU---the utility sector XLU and all utility stocks are UP including NI today, MDU was not participating
    as it received a BUY ratings with stock price increased $2 to $32.
    Needs to close above $27.50 resistance in order to shoot to $28 short term.