Inside the research

MDU Resources Group, Inc.

MDU Research profile · latest available data

Price overview

$18.76

▲ +0.12 (+0.6%)

52w hi$22.48
52w lo$16.59
Vol1.83M
As of25 Sep 2026

The Verdict

Sell

Our score -0.50

Short-0.41
Medium-0.70
Long-0.30

computed 2026-09-27

Key fundamentals

MDU Resources Group, Inc.

Utilities · Utilities - Regulated Gas

Market cap$3.95B
Enterprise value$6.48B
Trailing P/E19.96x
Forward P/E17.68x
EV / EBITDA12.36x
P / S (ttm)2.16x
Profit margin10.7%
Return on equity6.9%
Revenue growth+6.9%
Earnings growth+47.2%
Debt / equity88.05

Layer Breakdown

LayerRawContribution
Fundamental+0.29
Sector-0.10
Technical-0.40
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-09-27

Business overview

MDU Resources Group, Inc. engages in the regulated energy delivery businesses in the United States. The company operates through three segments: Electric, Natural Gas Distribution, and Pipeline. It generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming through approximately 3,400 miles of transmission and 4,900 miles of distribution lines, as well as 86 transmission and 299 distribution substations. The company also distributes natural gas in Idaho, Minnesota, Montana, North Dakota, Oregon, South Dakota, Washington, and Wyoming through approximately 22,000 miles of distribution and 540 miles transmission systems; and supplies related value-added services. In addition, it provides natural gas transportation and underground storage services through a regulated pipeline system primarily in the Rocky Mountain and northern Great Plains regions; and cathodic protection non-regulated energy-related services. Further, the company offers transportation and storage services. MDU Resources Group, Inc. was incorporated in 1924 and is headquartered in Bismarck, North Dakota.

United States · www.mdu.com

Risk Metrics

Beta vs SPX0.47
Corr SPX0.32
Annual vol23.8%
Annual ret+13.6%
Sharpe0.57
Max DD-22.6%

Window: 504 trading days (504 obs)

Material Events

DateEvent8-K
2026-08-06Earnings Release, Reg FD Disclosure…read
2026-05-13Officer / Director Change, 5.05…read
2026-05-07Earnings Release, Reg FD Disclosure…read
2026-02-05Earnings Release, Reg FD Disclosure…read
2026-01-16Material Agreement, Material Obligation…read
2025-12-29Material Agreement, Other Material Event…read
2025-12-12Material Agreement, Acquisition / Disposition…read
2025-12-05Material Agreement, Other Material Event…read
2025-11-20Reg FD Disclosure, Exhibitsread
2025-11-06Earnings Release, Reg FD Disclosure…read
2025-08-13Officer / Director Change, Reg FD Disclosure…read
2025-08-07Material Agreement, Exhibitsread

Dividends

Yield (TTM)1.49%
$ / share (TTM)$0.28
5y CAGR+11.2%

Annual dividend per share

2021$0.33
2022$0.33
2023$0.35
2024$0.34
2025$0.54
2026$0.14

SEC Filings

DateFormDoc
2026-08-0610-Qview
2026-08-068-Kview
2026-07-014view
2026-07-014view
2026-06-1811-Kview
2026-05-138-Kview
2026-05-0710-Qview
2026-05-078-Kview
2026-04-01ARSview
2026-04-01DEFA14Aview
2026-04-01DEF 14Aview
2026-04-014view
2026-04-014view
2026-02-2010-Kview
2026-02-194view

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
Revenue$1.81B-5.1%
Operating income$265.64M-4.3%
Net income$190.40M-5.3%
Cash from ops$332.63M-5.7%

Indices

S&P SmallCap 600

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$18.45$18.87$18.45$18.761.83M
Sep 24$18.45$18.69$18.33$18.642.71M
Sep 23$18.46$18.51$18.25$18.391.53M
Sep 22$18.63$18.73$18.48$18.561.72M
Sep 21$18.57$18.78$18.53$18.561.32M

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