MDU Resources Group stock reports Q2 revenue growth

MDU Resources Group stock was trading at USD 18.39 on NYSE on September 23, 2026, down 0.92 percent from the prior session. The latest quarterly figures show revenue growth, but the comparison with forecasts remains important for investors.

Revenue grows while estimates lead

According to MarketBeat, MDU reported USD 375.30 million in revenue for Q2 2026, up 6.8 percent from the same quarter of 2025. Revenue was below the USD 396.56 million consensus estimate, a gap of USD 21.26 million.

The earnings detail was more favorable. Reported EPS reached USD 0.10, compared with USD 0.09 consensus and USD 0.07 in Q2 2025, according to MarketBeat. The reported operating margin was 13 percent, compared with 9 percent a year earlier.

Guidance sets the next test

MDU's FY 2026 EPS guidance is USD 0.930-1.000, while the cited analyst expectation is USD 0.98. That range places the consensus near the middle of management's outlook rather than at its upper boundary.

The company also raised its quarterly dividend to USD 0.145 from USD 0.14, equivalent to USD 0.58 on an annualized basis. The dividend increase adds an income component to a stock whose market capitalization stood at USD 3,843,620,340 on September 23, 2026.

Independent earnings coverage from The Globe and Mail also described Q2 revenue as USD 375.3 million, up 6.9 percent year over year and 5.4 percent below expectations. The small difference in reported growth rates reflects source-level rounding.

Stock remains below yearly high

MDU's 52-week range was USD 17.01 to USD 22.98 on September 23, 2026. At USD 18.39, the stock stood 20.0 percent below the high, while the average analyst price target cited by MarketBeat was USD 23.40.

The reference price was USD 18.39 on NYSE on September 23, 2026. The next market signals are the company's ability to deliver within the USD 0.930-1.000 EPS guidance range and to convert revenue growth into earnings growth.