MDU Resources Group (MDU) Stock Forecast, Price Target & Predictions
MDU Stock Forecast
MDU Resources Group stock forecast is as follows: an average price target of $17.17 (represents a -5.14% downside from MDU’s last price of $18.10) and a rating consensus of 'Hold', based on 6 wall street analysts offering a 1-year stock forecast.
MDU Price Target
The average price target for MDU Resources Group (MDU) is $17.17 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $17.17 to $17.17. This represents a potential -5.14% downside from MDU's last price of $18.10.
MDU Analyst Ratings
According to 6 Wall Street analysts, MDU Resources Group's rating consensus is 'Hold'. The analyst rating breakdown for MDU stock is 0 'Strong Buy' (0.00%), 2 'Buy' (33.33%), 4 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
MDU Resources Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 21, 2024 | Dariusz Lozny | Bank of America Securities | $17.17 | $16.78 | 2.32% | -5.14% |
The latest MDU Resources Group stock forecast, released on Oct 21, 2024 by Dariusz Lozny from Bank of America Securities, set a price target of $17.17, which represents a 2.32% increase from the stock price at the time of the forecast ($16.78), and a -5.14% decrease from MDU last price ($18.10).
MDU Resources Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $17.17 | $17.17 |
| Last Closing Price | $18.10 | $18.10 | $18.10 |
| Upside/Downside | -100.00% | -5.14% | -5.14% |
In the current month, the average price target of MDU Resources Group stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to MDU Resources Group's last price of $18.10. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 21, 2024 | Bank of America Securities | Buy | Neutral | Downgrade |
| Jun 01, 2023 | Bank of America Securities | Buy | Upgrade | |
| Oct 24, 2022 | Cantor Fitzgerald | Overweight | Initialise | |
| Oct 24, 2022 | Evercore ISI | Outperform | Initialise | |
| Oct 24, 2022 | RBC Capital | Sector Perform | Initialise | |
| Oct 24, 2022 | Citigroup | Neutral | Initialise | |
| Oct 24, 2022 | HSBC | Hold | Initialise |
MDU Resources Group's last stock rating was published by Bank of America Securities on Oct 21, 2024. The company Downgrade its MDU rating from "Buy" to "Neutral".
MDU Resources Group Financial Forecast
MDU Resources Group Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.00B | $1.09B | $1.74B | $1.86B | $1.98B | $1.72B | $1.42B | $1.44B | $1.59B | $1.42B | $1.23B | $1.20B | $1.38B | $1.56B | $1.30B | $1.09B | $976.29M |
| Avg Forecast | $1.03B | $1.03B | $1.03B | $1.03B | $1.17B | $306.21M | $316.85M | $600.82M | $790.56M | $969.17M | $1.06B | $1.35B | $1.23B | $1.02B | $1.49B | $1.38B | $1.50B | $2.00B | $1.48B | $1.07B | $1.54B | $1.93B | $1.46B | $588.41M | $2.03B | $1.19B | $1.35B | $1.17B | $1.00B | $887.55M |
| High Forecast | $1.18B | $1.18B | $1.19B | $1.19B | $1.35B | $352.46M | $364.71M | $691.57M | $1.00B | $1.00B | $1.06B | $1.37B | $1.42B | $1.17B | $1.72B | $1.59B | $1.72B | $2.00B | $1.48B | $1.07B | $1.54B | $1.93B | $1.46B | $588.41M | $2.43B | $1.19B | $1.35B | $1.17B | $1.00B | $1.07B |
| Low Forecast | $871.36M | $873.61M | $875.87M | $878.13M | $995.13M | $259.95M | $268.98M | $510.06M | $580.39M | $936.96M | $1.06B | $1.34B | $1.05B | $865.07M | $1.27B | $1.17B | $1.27B | $2.00B | $1.48B | $1.07B | $1.54B | $1.93B | $1.46B | $588.41M | $1.62B | $1.19B | $1.35B | $1.17B | $1.00B | $710.04M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 6 | 6 | 12 | 5 | 5 | 5 | 8 | 10 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.73% | 1.26% | 1.24% | 0.99% | 1.16% | 1.32% | 0.94% | 0.82% | 0.98% | 2.09% | 0.59% | 1.16% | 1.16% | 1.12% | 1.09% | 1.10% |
MDU Resources Group's average Quarter revenue forecast for Dec 23 based on 1 analysts is $1.23B, with a low forecast of $1.05B, and a high forecast of $1.42B. MDU's average Quarter revenue forecast represents a 23.04% increase compared to the company's last Quarter revenue of $1.00B (Sep 23).
MDU Resources Group EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 6 | 6 | 12 | 5 | 5 | 5 | 8 | 10 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $176.82M | $285.51M | $167.20M | $266.10M | $296.91M | $201.10M | $145.06M | $130.40M | $270.64M | $220.40M | $162.26M | $55.66M | $134.07M | $193.99M | $97.61M | $71.65M | $70.44M |
| Avg Forecast | $147.39M | $147.77M | $148.15M | $148.54M | $168.33M | $43.97M | $45.50M | $86.28M | $113.53M | $139.17M | $152.37M | $223.44M | $176.83M | $146.33M | $214.58M | $203.13M | $177.34M | $286.09M | $211.53M | $184.67M | $220.32M | $276.15M | $232.87M | $84.14M | $70.58M | $169.86M | $192.89M | $166.84M | $74.91M | $63.39M |
| High Forecast | $169.66M | $170.09M | $170.53M | $170.97M | $193.76M | $50.61M | $52.37M | $99.31M | $143.71M | $143.80M | $152.37M | $268.13M | $203.54M | $168.43M | $247.00M | $243.76M | $212.81M | $286.09M | $211.53M | $221.60M | $220.32M | $276.15M | $279.45M | $84.14M | $84.70M | $169.86M | $192.89M | $166.84M | $89.89M | $76.07M |
| Low Forecast | $125.13M | $125.45M | $125.77M | $126.10M | $142.90M | $37.33M | $38.63M | $73.24M | $83.34M | $134.55M | $152.37M | $178.76M | $150.12M | $124.23M | $182.17M | $162.51M | $141.88M | $286.09M | $211.53M | $147.73M | $220.32M | $276.15M | $186.30M | $84.14M | $56.47M | $169.86M | $192.89M | $166.84M | $59.93M | $50.71M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.21% | 1.33% | 0.82% | 1.50% | 1.04% | 0.95% | 0.79% | 0.59% | 0.98% | 0.95% | 1.93% | 0.79% | 0.79% | 1.01% | 0.59% | 0.96% | 1.11% |
1 analysts predict MDU's average Quarter EBITDA for Dec 23 to be $176.83M, with a high of $203.54M and a low of $150.12M. This is 0.01% upper than MDU Resources Group's previous annual EBITDA (Sep 23) of $176.82M.
MDU Resources Group Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 6 | 6 | 12 | 5 | 5 | 5 | 8 | 10 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $74.93M | $130.69M | $38.30M | $117.10M | $147.97M | $70.70M | $31.76M | $86.40M | $139.28M | $100.19M | $52.13M | $25.13M | $95.06M | $137.64M | $61.83M | $40.93M | $42.44M |
| Avg Forecast | $67.54M | $24.56M | $32.75M | $92.11M | $65.50M | $24.70M | $24.68M | $80.38M | $63.58M | $63.45M | $24.35M | $48.92M | $55.27M | $28.39M | $39.72M | $44.47M | $117.64M | $108.07M | $71.70M | $40.43M | $75.00M | $115.64M | $105.86M | $21.29M | $31.87M | $54.18M | $85.25M | $37.84M | $42.79M | $38.19M |
| High Forecast | $80.81M | $29.38M | $39.18M | $110.19M | $78.36M | $29.56M | $29.52M | $88.01M | $76.06M | $75.91M | $29.13M | $58.70M | $66.12M | $32.93M | $47.52M | $53.36M | $141.17M | $108.07M | $71.70M | $48.51M | $75.00M | $115.64M | $127.03M | $21.29M | $38.24M | $54.18M | $85.25M | $37.84M | $51.34M | $45.83M |
| Low Forecast | $54.28M | $19.74M | $26.32M | $74.02M | $52.63M | $19.85M | $19.83M | $72.75M | $51.09M | $50.99M | $19.57M | $39.13M | $44.42M | $22.71M | $31.92M | $35.57M | $94.11M | $108.07M | $71.70M | $32.34M | $75.00M | $115.64M | $84.69M | $21.29M | $25.50M | $54.18M | $85.25M | $37.84M | $34.23M | $30.55M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.64% | 3.29% | 0.86% | 1.00% | 1.37% | 0.99% | 0.79% | 1.15% | 1.20% | 0.95% | 2.45% | 0.79% | 1.75% | 1.61% | 1.63% | 0.96% | 1.11% |
MDU Resources Group's average Quarter net income forecast for Dec 23 is $55.27M, with a range of $44.42M to $66.12M. MDU's average Quarter net income forecast represents a -26.24% decrease compared to the company's last Quarter net income of $74.93M (Sep 23).
MDU Resources Group SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 6 | 6 | 12 | 5 | 5 | 5 | 8 | 10 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $25.80K | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $-3.65M | $-3.66M | $-3.67M | $-3.68M | $-4.17M | $-1.09M | $-1.13M | $-2.13M | $-2.81M | $-3.44M | $-3.77M | $-4.81M | $-4.38M | $-3.62M | $-5.31M | $-4.91M | $-5.32M | $11.74M | $8.68M | $6.29M | $9.04M | $11.33M | $8.56M | $3.45M | $11.89M | $6.97M | $7.92M | $6.85M | $5.88M | $5.21M |
| High Forecast | $-3.10M | $-3.10M | $-3.11M | $-3.12M | $-3.54M | $-923.72K | $-955.82K | $-1.81M | $-2.06M | $-3.33M | $-3.77M | $-4.76M | $-3.71M | $-3.07M | $-4.51M | $-4.17M | $-4.52M | $11.74M | $8.68M | $6.29M | $9.04M | $11.33M | $8.56M | $3.45M | $14.27M | $6.97M | $7.92M | $6.85M | $5.88M | $6.25M |
| Low Forecast | $-4.20M | $-4.21M | $-4.22M | $-4.23M | $-4.79M | $-1.25M | $-1.30M | $-2.46M | $-3.56M | $-3.56M | $-3.77M | $-4.86M | $-5.04M | $-4.17M | $-6.11M | $-5.65M | $-6.12M | $11.74M | $8.68M | $6.29M | $9.04M | $11.33M | $8.56M | $3.45M | $9.51M | $6.97M | $7.92M | $6.85M | $5.88M | $4.17M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.00% | - | - | - | - | - | - | - | - | - | - | - |
MDU Resources Group's average Quarter SG&A projection for Sep 22 is $11.74M, based on 1 Wall Street analysts, with a range of $11.74M to $11.74M. The forecast indicates a 45405.76% rise compared to MDU last annual SG&A of $25.80K (Jun 22).
MDU Resources Group EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 6 | 6 | 12 | 5 | 5 | 5 | 8 | 10 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.37 | $0.64 | $0.19 | $0.57 | $0.73 | $0.35 | $0.16 | $0.42 | $0.68 | $0.50 | $0.26 | $0.13 | $0.47 | $0.69 | $0.31 | $0.21 | $0.22 |
| Avg Forecast | $0.33 | $0.12 | $0.16 | $0.45 | $0.32 | $0.12 | $0.12 | $0.39 | $0.31 | $0.31 | $0.12 | $0.24 | $0.27 | $0.14 | $0.19 | $0.08 | $0.20 | $0.53 | $0.35 | $0.15 | $0.37 | $0.57 | $0.36 | $0.10 | $0.15 | $0.26 | $0.42 | $0.18 | $0.15 | $0.18 |
| High Forecast | $0.39 | $0.14 | $0.19 | $0.54 | $0.38 | $0.14 | $0.14 | $0.43 | $0.37 | $0.37 | $0.14 | $0.29 | $0.32 | $0.16 | $0.23 | $0.09 | $0.24 | $0.53 | $0.35 | $0.15 | $0.37 | $0.57 | $0.36 | $0.10 | $0.15 | $0.26 | $0.42 | $0.18 | $0.15 | $0.22 |
| Low Forecast | $0.27 | $0.10 | $0.13 | $0.36 | $0.26 | $0.10 | $0.10 | $0.36 | $0.25 | $0.25 | $0.10 | $0.19 | $0.22 | $0.11 | $0.16 | $0.06 | $0.16 | $0.53 | $0.35 | $0.15 | $0.37 | $0.57 | $0.36 | $0.10 | $0.15 | $0.26 | $0.42 | $0.18 | $0.15 | $0.14 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.67% | 3.30% | 2.48% | 2.87% | 1.38% | 1.00% | 1.09% | 1.15% | 1.20% | 1.38% | 2.50% | 0.87% | 1.77% | 1.66% | 1.68% | 1.40% | 1.22% |
According to 1 Wall Street analysts, MDU Resources Group's projected average Quarter EPS for Dec 23 is $0.27, with a low estimate of $0.22 and a high estimate of $0.32. This represents a -27.02% decrease compared to MDU previous annual EPS of $0.37 (Sep 23).