MDUUtilities · Utilities - Regulated GasThe 9 Wall Street analysts covering MDU Resources Group, Inc. hold a median 12-month price target of $23 — +16.6% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 24 of 100 as at 31 Oct 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 (70): 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 systematic trader with 15+ 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.
Data provided by Twelve Data
The green dot is the last close — the median target sits +16.6% 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.
MDU appears in the Radar on the weeks it earns a place.
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Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 30 Oct 2026, MDU Resources Group, Inc. returned +4.3% against +12.4% for the S&P 500, dividends included.
Download this chart as an image — free to reuse; link this page as the source.
Data provided by Twelve Data
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 48% of US stocks
Cheaper than 55% of US stocks
Cheaper than 29% of US stocks
Higher than 45% of US stocks
Higher than 76% of US stocks
Higher than 41% of US stocks
Higher than 68% of US stocks
Higher than 71% of US stocks
Higher than 56% of US stocks
Higher than 63% of US stocks
Higher than 86% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
MDU Resources Group, Inc. has a market value of $4.1B and an enterprise value of $6.7B.
Revenue in the twelve months to 30 June 2026: $1.8B. The latest quarter grew 6.9% year on year.
Net income over the same four quarters: $196.7M, a 10.7% net margin.
Diluted earnings per share, trailing twelve months: $0.95.
Free cash flow in the twelve months to 30 June 2026: −$386.1M, after $789.9M of capital spending.
MDU Resources Group, Inc. spent $112.4M on dividends in the twelve months to 30 June 2026.
Trailing P/E: 21.0×; forward P/E: 18.6× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 2.94%, paying out 60% of earnings.
MDU Resources Group, Inc. employs 2,096 people — $873K of revenue per employee.
Data provided by Twelve Data
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 →
Zacks Investment Research says MDU Resources lacks the two key ingredients it identifies for a likely earnings beat in the upcoming report. The headline asks whether investors should buy, while the excerpt focuses on earnings expectations.
Why it matters — MDU watchers may note the report's cautious assessment of the likelihood of an earnings beat ahead of the upcoming results.
MDU Resources Group will webcast its third-quarter 2026 earnings conference call at 2 p.m., according to the announcement dated Oct. 15, 2026.
Why it matters — MDU watchers can follow the company’s scheduled discussion of its third-quarter results.
The board of directors of MDU Resources Group reached a positive Final Investment Decision to construct the Bakken East Pipeline Project through its subsidiary, WBI Energy. The decision advances the previously-proposed pipeline project.
Why it matters — This decision moves a major capital project forward for MDU's WBI Energy subsidiary, reflecting progress on a significant infrastructure development that was previously only proposed.
MDU Resources was upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about its earnings prospects. The upgrade signals that the company might move higher based on this improved outlook.
Why it matters — A watcher of MDU Resources would care because the upgrade reflects increased confidence in the company's earnings prospects.
MDU Resources was upgraded to a cautious Buy by Seeking Alpha, citing regulatory wins, renewable investments, and momentum on the Bakken East pipeline. The company also reaffirmed its FY 2026 EPS guidance of $0.93–$1.00 and raised its dividend by 3.6%.
Why it matters — The upgrade highlights improving fundamentals, including the Bakken pipeline progress, higher net income, and a dividend increase, which MDU watchers would see as signs of a stronger near-term outlook.
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 $25. 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. 24 out of 100 across roughly 4,600 US stocks as at 31 Oct 2026. None of this is personal advice — it does not consider your circumstances.
As at 31 Oct 2026, MDU Resources Group, Inc. ranks 24 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 (70 of 100).
No one can know that. What the data says: the median 12-month target from 9 analysts implies +16.6% from the last close, and Ticker Nerd's factor model ranks MDU Resources Group, Inc. 24 out of 100 as at 31 Oct 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 $25 over the next 12 months.
MDU Resources Group, Inc. returned +4.3% over the 12 months to 30 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.
MDU Resources Group Inc. is a U.S.
The most recent item we track (Zacks Investment Research, 29 Oct 2026): "MDU Resources (MDU) Earnings Expected to Grow: Should You Buy?". Zacks Investment Research says MDU Resources lacks the two key ingredients it identifies for a likely earnings beat in the upcoming report. The headline asks whether investors should buy, while the excerpt focuses on earnings expectations.
MDU Resources Group Inc. is a U.S. utility and energy infrastructure company focused on regulated electric service, natural gas distribution, and pipeline operations. Through its electric and gas utilities, it serves residential, commercial, industrial, and municipal customers across the Pacific Northwest, Mountain West, and Northern Plains. Its pipeline business provides natural gas transportation and underground storage services within regulated systems that support regional energy delivery. The company also offers related energy infrastructure services and construction capabilities tied to power and gas networks. Headquartered in Bismarck, North Dakota, MDU Resources Group Inc. plays a practical role in maintaining essential utility services and energy flow across multiple states, making it an important provider within the regulated utilities market.
CEO Ms. Nicole A. Kivisto · 2,096 employees · United States · https://www.mdu.com
