Jefferies has upgraded MDU Resources Group Inc (MDU) to a Buy rating from Hold as of September 18, 2025. This move underscores a more optimistic outlook on the company's prospects, potentially reflecting improved fundamentals or confidence in its strategic direction.
MDU Resources, based in Bismarck, North Dakota, operates within the utilities sector, providing natural resource products and related services for energy and transportation infrastructure. The firm employs 2,052 full-time workers and is structured into segments that include electric and natural gas distribution, as well as pipeline operations. Its electric segment serves approximately 185 communities, while its natural gas distribution segment operates across 339 communities in eight states.
As of November 20, 2025, MDU Resources has a market capitalization of $4.2 billion, a P/E ratio of 24.53, and an EPS of $0.83. The company also boasts a notable dividend yield of 275.6%. Upcoming earnings are anticipated on August 5, 2026, with an EPS estimate of $0.08 and revenue estimate of $367.2 million.
Analyst ratings, such as this latest upgrade, provide insights based on research and financial models. However, they are influenced by various assumptions and should be considered alongside company fundamentals, competitive positioning, and broader industry trends. As of November 1, 2025, the consensus among analysts stands at 5 Strong Buy, 2 Buy, and 3 Hold ratings, reflecting a generally favorable view of MDU Resources Group Inc.