MDUUtilities · Utilities - Regulated GasThe 9 Wall Street analysts covering MDU Resources Group, Inc. hold a median 12-month price target of $23 — +11.4% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 23 of 100 as at 15 Aug 2026 — in the weakest quartile. The Street sees upside; the factor read is a caution. That gap is the story on this page.
Consensus tells you what everyone already believes. The model scores MDU Resources Group, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Momentum (78): The shares have been drifting up relative to others.
Issuance (27): The company has been issuing shares or taking on financing, diluting existing holders.
Size (26): Larger than most of the companies we track — more scrutinised, less often mispriced.
Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.
The bullish and bearish analyst opinions on MDU, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
The green dot is the last close — the median target sits +11.4% from it.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 6 Aug 2026 | JP Morgan | Upgrade | Overweight | $27 |
| 13 July 2026 | Wells Fargo | Initiates | Overweight | $25 |
| 13 July 2026 | Wells Fargo | Initiates | Overweight | — |
| 15 May 2026 | TD Cowen | Maintains | Hold | — |
| 16 Apr 2026 | JP Morgan | Initiates | Neutral | — |
| 24 Feb 2026 | Freedom Broker | Maintains | Hold | — |
| 24 Dec 2025 | Freedom Broker | Initiates | Hold | — |
| 22 Oct 2025 | Jefferies | Maintains | Buy | — |
| 19 Sept 2025 | Jefferies | Upgrade | Buy | — |
| 8 Jan 2025 | Jefferies | Initiates | Hold | — |
| 5 Nov 2024 | B of A Securities | Upgrade | Buy | — |
| 21 Oct 2024 | B of A Securities | Downgrade | Neutral | — |
| 20 May 2024 | Argus Research | Upgrade | Buy | — |
| 26 July 2023 | Citigroup | Maintains | Neutral | — |
| 1 June 2023 | B of A Securities | Assumes | Buy | $22 |
| 24 Oct 2022 | B of A Securities | Downgrade | Underperform | — |
| 5 Aug 2022 | B of A Securities | Downgrade | Neutral | — |
| 23 Mar 2021 | B of A Securities | Initiates | Buy | — |
| 6 Aug 2020 | Wells Fargo | Maintains | Equal-Weight | — |
| 16 June 2020 | Citigroup | Maintains | Neutral | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Computed off the Friday close and sent before the US open.
Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. MDU appears on the weeks it earns a place.
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 36% of US stocks
Cheaper than 49% of US stocks
Cheaper than 57% of US stocks
Cheaper than 29% of US stocks
Higher than 44% of US stocks
Higher than 76% of US stocks
Higher than 42% of US stocks
Higher than 68% of US stocks
Higher than 71% of US stocks
Higher than 57% of US stocks
Higher than 63% of US stocks
Higher than 61% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own MDU Resources Group, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →
MDU Resources Group's board of directors has increased the quarterly dividend on common stock to 14.5 cents per share, equating to an annualized dividend of 56 cents per share.
Why it matters — A dividend increase signals the company's confidence in its financial health and provides shareholders with a higher return on their investment.
MDU Resources Group reported second-quarter 2026 earnings of $21.3 million, or $0.10 per share, up from $13.7 million, or $0.07 per share, a year earlier. The increase was driven by new utility rates, customer growth, renewable investments and higher retail sales volumes.
Why it matters — MDU watchers would note the company's earnings growth reflects positive momentum from key strategic drivers such as utility rate increases, customer expansion and renewable energy investments.
MDU Resources Group, Inc. held its Q2 2026 earnings call, and a transcript of the call has been published by Seeking Alpha. The item reports the occurrence and availability of the earnings discussion.
Why it matters — MDU watchers would want to review the transcript for management's commentary on the company's second-quarter performance and outlook.
MDU Resources reported second-quarter earnings that rose 28.6% and beat estimates, as revenues increased and key infrastructure projects advanced.
Why it matters — The earnings beat and revenue growth reflect stronger-than-expected operational performance for MDU in the quarter.
MDU Resources reported quarterly earnings of $0.09 per share, exceeding the Zacks Consensus Estimate of $0.08 per share and up from the $0.07 per share earned a year ago.
Why it matters — The company delivered results above analyst expectations and improved on its year-ago earnings, which is of interest to those tracking MDU's quarterly performance.
The 9 Wall Street analysts covering MDU Resources Group, Inc. have a median 12-month price target of $23, with estimates ranging from $21 to $27. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 9 analysts covering MDU Resources Group, Inc., 6 rate it a Buy, 3 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks MDU Resources Group, Inc. 23 out of 100 across roughly 4,600 US stocks as at 15 Aug 2026. None of this is personal advice — it does not consider your circumstances.
As at 15 Aug 2026, MDU Resources Group, Inc. ranks 23 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Momentum (78 of 100).
No one can know that. What the data says: the median 12-month target from 9 analysts implies +11.4% from the last close, and Ticker Nerd's factor model ranks MDU Resources Group, Inc. 23 out of 100 as at 15 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering MDU Resources Group, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for MDU are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $21 to $27 over the next 12 months.
MDU Resources Group, Inc. returned +27.8% over the 12 months to 14 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.
MDU Resources Group, Inc. operates as a diversified natural resources company primarily within the United States.
The most recent item we track (PRNewsWire, 13 Aug 2026): "MDU Resources Announces Increased Quarterly Dividend". MDU Resources Group's board of directors has increased the quarterly dividend on common stock to 14.5 cents per share, equating to an annualized dividend of 56 cents per share.
MDU Resources Group, Inc. operates as a diversified natural resources company primarily within the United States. Its key function lies in the delivery and development of essential infrastructure, focusing on electric and natural gas services alongside construction materials and services. With a rich history that traces back to its founding in 1924, the company plays a crucial role in sectors such as energy distribution, construction, and mining. MDU Resources is recognized for its two major operational segments: Utility segment, which includes the electric and natural gas services, ensuring uninterrupted power and energy delivery to residential, commercial, and industrial customers; and Construction Materials and Services segment, which encompasses the production of aggregates, asphalt, and ready-mix concrete, alongside heavy construction services. Headquartered in Bismarck, North Dakota, MDU Resources Group's strategic operations contribute significantly to building and maintaining the infrastructure that drives economic growth and development across various regions in the U.S., marking its significance in the financial market.
CEO Ms. Nicole A. Kivisto · 2,096 employees · United States · https://www.mdu.com