MDUMDUUtilities · Utilities - Regulated Gas

MDU Stock Forecast: MDU Resources Group, Inc. Price Predictions for 2026-2027

Last close, 9 Sept 2026
$20
−1.26% on the day

The 9 Wall Street analysts covering MDU Resources Group, Inc. hold a median 12-month price target of $23 — +17.4% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 24 of 100 as at 8 Sept 2026 — in the weakest quartile. The Street sees upside; the factor read is a caution. That gap is the story on this page.

Market cap
$4.1B
Ticker Nerd rank
24 / 100
Median analyst target
$23
Analysts covering
9
Revenue$375.3M+6.9% y/y
Operating income$47.9M
Net income$21.2M
Free cash flow$15.0M
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−1.8%
1M
−4.7%
YTD
+1.7%
1Y
+25.5%
From 52W high
−13.5%
From 52W low
+26.1%
$16
$23
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

MDU stock analysis: one number for the whole business

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.

Where the model ranks itAs at 8 Sept 2026
24 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Momentum
72
Revisions
48
Value
43
Quality
43
Growth
34
Accruals
33
Volatility
28
Issuance
27
Size
27

Momentum (72): 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 (27): 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.

Wall Street

MDU stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on MDU, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$14$16$18$20$22$24$26$28Oct 25Jan 26Apr 26Jul 26MDUHigh $27Median $23Low $21

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

What Wall Street says9 analysts
6 Buy3 Hold0 Sell
Low $21Median $23High $27

The green dot is the last close — the median target sits +17.4% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
6 Aug 2026JP MorganUpgradeOverweight$27
13 July 2026Wells FargoInitiatesOverweight$25
13 July 2026Wells FargoInitiatesOverweight
15 May 2026TD CowenMaintainsHold
16 Apr 2026JP MorganInitiatesNeutral
24 Feb 2026Freedom BrokerMaintainsHold
24 Dec 2025Freedom BrokerInitiatesHold
22 Oct 2025JefferiesMaintainsBuy
19 Sept 2025JefferiesUpgradeBuy
8 Jan 2025JefferiesInitiatesHold
5 Nov 2024B of A SecuritiesUpgradeBuy
21 Oct 2024B of A SecuritiesDowngradeNeutral
20 May 2024Argus ResearchUpgradeBuy
26 July 2023CitigroupMaintainsNeutral
1 June 2023B of A SecuritiesAssumesBuy$22
24 Oct 2022B of A SecuritiesDowngradeUnderperform
5 Aug 2022B of A SecuritiesDowngradeNeutral
23 Mar 2021B of A SecuritiesInitiatesBuy
6 Aug 2020Wells FargoMaintainsEqual-Weight
16 June 2020CitigroupMaintainsNeutral

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

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.

Free, every Monday. Unsubscribe any time.

Performance

MDU vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 9 Sept 2026, MDU Resources Group, Inc. returned +25.5% against +18.5% for the S&P 500, dividends included.

MDU vs S&P 500, last 12 monthsTotal return, rebased to 100
100110120130140150Oct 25Jan 26Apr 26Jul 26MDUS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

MDU analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+0.7%
Analysts raising
2
Analysts cutting
0
Fundamentals

MDU Resources Group, Inc. (MDU) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
21.2×

Cheaper than 36% of US stocks

Price / sales
2.3×

Cheaper than 49% of US stocks

Price / book
1.4×

Cheaper than 59% of US stocks

EV / EBITDA
12.7×

Cheaper than 29% of US stocks

Growth & margins
Revenue growth (YoY)
6.9%

Higher than 44% of US stocks

Earnings growth (YoY)
54.1%

Higher than 76% of US stocks

Gross margin
34.4%

Higher than 41% of US stocks

Operating margin
12.5%

Higher than 68% of US stocks

Net margin
10.7%

Higher than 71% of US stocks

Returns & dividend
Return on equity
6.9%

Higher than 57% of US stocks

Return on assets
2.7%

Higher than 63% of US stocks

Dividend yield
2.8%

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.

Key statistics

MDU Resources Group, Inc. (MDU) statistics: revenue, profit & scale

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 $6.6B.

  • 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.

  • Shares outstanding: 210.3M.

  • Trailing P/E: 21.2×; forward P/E: 18.8× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 2.81%, paying out 60% of earnings.

  • MDU Resources Group, Inc. employs 2,096 people $873K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 10 Sept 2026

Data provided by Twelve Data

Peers

MDU vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelUtilities - Regulated Gas
CompanyMarket capTKN rank
MDUMDU Resources Group, Inc.$4.1B
24
SRSpire Inc.$4.9B
30
BIPCBrookfield Infrastructure Corp.$5.0B
46
OGSONE Gas, Inc.$5.1B
50
CPKChesapeake Utilities Corp.$3.1B
51
NJRNew Jersey Resources Corp.$5.4B
68
BKHBlack Hills Corp.$5.7B
46

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 →

News

Latest MDU news & analysis

Bakken Project Adding Promise For MDU Resources (Rating Upgrade)

Seeking Alpha · 2 Sept 2026positive

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.

Can MDU's Capital Investments Drive Long-Term Earnings Growth?

Zacks Investment Research · 28 Aug 2026positive

MDU Resources plans $3.1 billion in capital investments through 2030 to expand its rate base and meet customer demand. The company expects this investment to support 6-8% long-term earnings growth.

Why it matters — This signals MDU's strategic commitment to infrastructure expansion, which could be a key driver of its future earnings trajectory.

Has MDU Resources Group (MDU) Outpaced Other Utilities Stocks This Year?

Zacks Investment Research · 25 Aug 2026neutral

Zacks Investment Research compares the year-to-date performance of MDU Resources and Pinnacle West against their utility sector. The article examines how MDU has fared relative to its sector peers so far this year.

Why it matters — A MDU watcher would care because the piece assesses the company's relative market performance within the utilities sector this year.

3 Gas Utility Stocks Poised to Gain Despite Industry Challenges

Zacks Investment Research · 24 Aug 2026positive

A Zacks Investment Research article names MDU, along with ATO and OGS, as gas utility stocks poised to gain despite near-term industry challenges. It highlights disciplined investments to strengthen operations and improving earnings estimates as supporting factors.

Why it matters — MDU watchers would care because the piece presents the company in a favorable light among gas utilities benefiting from disciplined investment and improving earnings estimates amid industry headwinds.

Dividend Announcements: August 8-14, 2026

Seeking Alpha · 17 Aug 2026neutral

A Seeking Alpha series summarizes dividend announcements from August 8-14, 2026, noting that 12 stocks raised their dividends while one announced a 52% dividend cut. The article highlights BMI and CBOE as notable dividend increases but does not mention MDU.

Why it matters — MDU watchers could monitor the broader dividend-announcement landscape for context on sector trends, though this particular update contains no MDU-specific information.

FAQ

Frequently asked questions about MDU stock

What is the MDU stock price forecast for 2026-2027?

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.

Is MDU stock a buy right now?

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 8 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank MDU?

As at 8 Sept 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 (72 of 100).

Will MDU stock go up?

No one can know that. What the data says: the median 12-month target from 9 analysts implies +17.4% from the last close, and Ticker Nerd's factor model ranks MDU Resources Group, Inc. 24 out of 100 as at 8 Sept 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the MDU stock forecast for 2030?

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.

How has MDU stock performed over the past year?

MDU Resources Group, Inc. returned +25.5% over the 12 months to 9 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does MDU Resources Group, Inc. do?

MDU Resources Group Inc. is a U.S.

What is the latest news on MDU?

The most recent item we track (Seeking Alpha, 2 Sept 2026): "Bakken Project Adding Promise For MDU Resources (Rating Upgrade)". 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%.

Company

About MDU Resources Group, Inc.

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