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MDU Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
21.490
Open
21.110
VWAP
21.25
Vol
1.63M
Mkt Cap
4.43B
Low
21.070
Amount
34.61M
EV/EBITDA(TTM)
13.91
Total Shares
209.01M
EV
6.99B
EV/OCF(TTM)
17.26
P/S(TTM)
2.43
MDU Resources Group Inc. provides electric and natural gas distribution services across the Pacific Northwest and Midwest. Its segments include electric, natural gas distribution, and pipeline. Its electric segment provides electric service at retail, serving residential, commercial, industrial and municipal customers in approximately 185 communities and adjacent rural areas. It has interests in approximately 15 electric generating units at 12 facilities and two small portable diesel generators. Its natural gas distribution segment sells natural gas at retail, serving residential, commercial and industrial customers in approximately 343 communities and adjacent rural areas across eight states. Its pipeline segment owns and operates WBI Energy Transmission, a FERC regulated pipeline, which consists of over 3,800 miles of natural gas transmission and storage lines. WBI Energy also owns and operates a non-regulated energy-related service business, specializing in cathodic protection.
Show More

Events Timeline

(ET)
2026-06-22
17:00:00
MDU Resources Subsidiary Signs Electric Service Agreement with Applied Digital
select
2026-06-01 (ET)
2026-06-01
09:30:00
North Plains Connector Welcomes Minnkota Power Cooperative as Eighth Member
select
2026-05-07 (ET)
2026-05-07
08:40:00
Company Reports Q1 Revenue of $606M, Below Expectations
select
2026-05-07
08:40:00
Long-term EPS Guidance Unchanged with Expected Growth Rate of 6%-8%
select
2026-02-05 (ET)
2026-02-05
08:40:00
Company Reports Q4 Revenue of $534 Million
select

News

seekingalpha
8.5
06-23seekingalpha
Applied Digital Signs Electric Service Agreement with MDU Resources
  • Electric Service Agreement: Applied Digital has signed an electric service agreement with MDU Resources' subsidiary Montana-Dakota Utilities for its Polaris Forge 3 AI campus, which is expected to require 430 MW of power at full capacity, with initial operations slated to begin in August 2027, indicating the company's commitment to expanding AI infrastructure in North Dakota.
  • Economic Impact: The project is anticipated to create approximately 200 jobs and support long-term economic growth in the surrounding region, highlighting the company's positive contribution to local economic development, despite facing regulatory approval challenges.
  • Market Reaction: Despite the announcement of the electric service agreement, APLD shares opened 4% lower at $96.10, reflecting a cautious market sentiment that may impact investor confidence regarding the project's viability.
  • Long-term Strategic Positioning: The Polaris Forge 3 project is backed by a 15-year lease with a U.S.-based investment-grade hyperscaler, demonstrating the company's strategic investment in the AI sector to meet the increasing market demand.
seekingalpha
7.5
06-23seekingalpha
MDU Resources Signs Power Agreement with Applied Digital for AI Factory
  • Power Service Agreement: MDU Resources' Montana-Dakota Utilities subsidiary has signed a power service agreement with Applied Digital to supply electricity for the planned Polaris Forge 3 AI factory, which will require 430 MW at full capacity, highlighting the growing appeal of North Dakota for large energy users.
  • Business Expansion: The construction of the Polaris Forge 3 factory will expand Applied Digital's footprint in North Dakota, designed to support high-density artificial intelligence workloads, thereby reinforcing the region's strategic position for energy-intensive enterprises.
  • Existing Partnership: MDU Resources already provides power to Applied Digital at the Polaris Forge 1 AI factory in North Dakota, and this new agreement signifies a deepening of their collaboration, which is expected to enhance operational synergies between the two companies.
  • Positive Market Outlook: MDU Resources President and CEO Nicole Kivisto stated that this project reflects the increasing attractiveness of North Dakota as a location for large energy users, indicating a sustained growth in energy demand in the region.
PRnewswire
7.5
06-22PRnewswire
MDU Resources and Applied Digital Sign Electric Service Agreement
  • Electric Service Agreement: MDU Resources' subsidiary Montana-Dakota Utilities has signed an electric service agreement with Applied Digital to supply power to the Polaris Forge 3 AI factory in North Dakota, which will require 430 megawatts at full capacity, indicating strong demand for high-density AI workloads.
  • Operational Launch Timeline: Applied Digital anticipates initial operations at Polaris Forge 3 to commence in August 2027, highlighting the company's rapid expansion in North Dakota to meet increasing market demands.
  • Job Creation and Tax Revenue: The project is expected to create approximately 200 full-time jobs and generate significant property tax revenue for Oliver County and the surrounding region, demonstrating the company's positive impact on the local economy and its commitment to community responsibility.
  • Regulatory Approval Requirement: The electric service agreement requires approval from the North Dakota Public Service Commission, reflecting the company's dedication to compliance and sustainable development while providing reliable power services to large energy users.
Newsfilter
7.5
06-22Newsfilter
MDU Resources Group Signs Electric Service Agreement with Applied Digital
  • Electric Service Agreement: MDU Resources Group's subsidiary Montana-Dakota Utilities has signed an electric service agreement with Applied Digital to provide 430 megawatts of power to the Polaris Forge 3 AI factory in North Dakota, with operations expected to commence in August 2027, marking a significant expansion in high-density AI workloads.
  • Job Creation: The project is anticipated to create approximately 200 full-time jobs and generate meaningful property tax revenue for Oliver County and the surrounding region, demonstrating Applied Digital's positive impact on local economic growth.
  • Customer Rebates: Montana-Dakota Utilities has credited $38.4 million back to North Dakota customers over the past three years, showcasing the company's ability to meet significant power demands while maintaining reliable and cost-effective service.
  • Regulatory Approval Needed: The electric service agreement requires approval from the North Dakota Public Service Commission, reflecting the state's growing appeal to large energy users and MDU Resources Group's commitment to community benefits.
Newsfilter
7.5
06-01Newsfilter
Minnkota Joins North Plains Connector Utility Consortium
  • New Member Addition: Minnkota Power Cooperative becomes the eighth member of the North Plains Connector utility consortium, signing a memorandum of understanding with Grid United's North Plains Connector LLC to secure 150 megawatts of capacity on the HVDC transmission line, indicating a proactive approach to future electricity market positioning.
  • Project Impact: This initiative will be the first HVDC transmission line in the U.S. connecting three regional electricity markets, expected to significantly enhance grid reliability and resilience while broadening market connectivity to meet evolving energy demands.
  • Economic Benefits: The North Plains Connector project is projected to create over 800 jobs during construction in Montana and North Dakota, reflecting a positive economic impact while also enhancing Minnkota's competitive edge in the electricity market.
  • Construction Timeline: The project is expected to commence construction in 2028 and begin operations in 2032, marking a significant advancement in power infrastructure investment and further enhancing Minnkota's flexibility and responsiveness in electricity supply.
seekingalpha
8.0
05-14seekingalpha
MDU Resources Declares $0.14 Quarterly Dividend in Line with Previous
  • Quarterly Dividend Declaration: MDU Resources has declared a quarterly dividend of $0.14 per share, consistent with previous distributions, indicating the company's stable cash flow and commitment to shareholder returns.
  • Dividend Yield: The forward yield of 2.48% reflects the company's attractiveness in the current market environment, potentially appealing to investors seeking stable income.
  • Shareholder Record Date: The dividend will be payable on July 1, with a record date of June 11 and an ex-dividend date also on June 11, ensuring shareholders receive their payouts promptly.
  • Future Earnings Guidance: MDU Resources affirms its 2026 earnings per share guidance of $0.93 to $1.00 while outlining a $2.7 billion to $3.2 billion Bakken East pipeline plan, demonstrating the company's confidence in future growth prospects.
Wall Street analysts forecast MDU stock price to rise
3 Analyst Rating
Wall Street analysts forecast MDU stock price to rise
2 Buy
1 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
20.00
Averages
21.00
High
22.00
Current: 0.000
sliders
Low
20.00
Averages
21.00
High
22.00
TD Cowen
Shelby Tucker
Hold
maintain
$20 -> $22
AI Analysis
2026-05-15
Reason
TD Cowen
Shelby Tucker
Price Target
$20 -> $22
AI Analysis
2026-05-15
maintain
Hold
Reason
TD Cowen analyst Shelby Tucker raised the firm's price target on MDU Resources to $22 from $20 and keeps a Hold rating on the shares. The firm updated models in the utilities group post the Q1 reports. Utilities are increasingly expected to demonstrate incremental growth as cost-neutral, the analyst tells investors in a research note. TD expects the cadence of capital plan increases to accelerate, but cautions that over-promising is an issue.
JPMorgan
Aidan Kelly
Neutral
initiated
$22
2026-04-16
Reason
JPMorgan
Aidan Kelly
Price Target
$22
2026-04-16
initiated
Neutral
Reason
JPMorgan analyst Aidan Kelly initiated coverage of MDU Resources with a Neutral rating and $22 price target. MDU now operates as a pure-play regulated energy delivery company with direct exposure to infrastructure driven growth across the U.S. Northwest, the analyst tells investors in a research note. The firm sees limited room for multiple expansion, saying MDU's double-digit premium valuation already reflects its growth trajectory.
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Valuation Metrics

The current forward P/E ratio for MDU Resources Group Inc (MDU.N) is 21.60, compared to its 5-year average forward P/E of 16.33. For a more detailed relative valuation and DCF analysis to assess MDU Resources Group Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
16.33
Current PE
21.60
Overvalued PE
19.35
Undervalued PE
13.30

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
10.47
Current EV/EBITDA
11.42
Overvalued EV/EBITDA
11.87
Undervalued EV/EBITDA
9.08

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.30
Current PS
2.09
Overvalued PS
1.76
Undervalued PS
0.84

Financials

AI Analysis
Annual
Quarterly

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Whales Holding MDU

D
Deroy & Devereaux Private Investment Counsel, Inc.
Holding
MDU
+23.85%
3M Return
C
Covalis Capital LLP
Holding
MDU
+18.61%
3M Return
B
Bragg Financial Advisors, Inc.
Holding
MDU
+14.51%
3M Return
E
EARNEST Partners, LLC
Holding
MDU
+10.57%
3M Return
G
Ghisallo Capital Management LLC
Holding
MDU
+3.42%
3M Return
R
River Road Asset Management, LLC
Holding
MDU
+3.17%
3M Return

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Frequently Asked Questions

What is MDU Resources Group Inc (MDU) stock price today?

The current price of MDU is 21.2 USD — it has decreased -0.42

What is MDU Resources Group Inc (MDU)'s business?

MDU Resources Group Inc. provides electric and natural gas distribution services across the Pacific Northwest and Midwest. Its segments include electric, natural gas distribution, and pipeline. Its electric segment provides electric service at retail, serving residential, commercial, industrial and municipal customers in approximately 185 communities and adjacent rural areas. It has interests in approximately 15 electric generating units at 12 facilities and two small portable diesel generators. Its natural gas distribution segment sells natural gas at retail, serving residential, commercial and industrial customers in approximately 343 communities and adjacent rural areas across eight states. Its pipeline segment owns and operates WBI Energy Transmission, a FERC regulated pipeline, which consists of over 3,800 miles of natural gas transmission and storage lines. WBI Energy also owns and operates a non-regulated energy-related service business, specializing in cathodic protection.

What is the price predicton of MDU Stock?

Wall Street analysts forecast MDU stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MDU is21.00 USD with a low forecast of 20.00 USD and a high forecast of 22.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is MDU Resources Group Inc (MDU)'s revenue for the last quarter?

MDU Resources Group Inc revenue for the last quarter amounts to 605.98M USD, decreased -10.20

What is MDU Resources Group Inc (MDU)'s earnings per share (EPS) for the last quarter?

MDU Resources Group Inc. EPS for the last quarter amounts to 0.39 USD, decreased -2.50

How many employees does MDU Resources Group Inc (MDU). have?

MDU Resources Group Inc (MDU) has 2096 emplpoyees as of June 24 2026.

What is MDU Resources Group Inc (MDU) market cap?

Today MDU has the market capitalization of 4.43B USD.