(MDU) MDU Resources - Overview
Stock: Electricity, Natural Gas, Pipeline, Storage
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 3.13% |
| Yield on Cost 5y | 6.05% |
| Yield CAGR 5y | -10.91% |
| Payout Consistency | 93.4% |
| Payout Ratio | 96.4% |
| Risk 5d forecast | |
|---|---|
| Volatility | 25.2% |
| Relative Tail Risk | -3.60% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.87 |
| Alpha | 7.08 |
| Character TTM | |
|---|---|
| Beta | 0.474 |
| Beta Downside | 0.351 |
| Drawdowns 3y | |
|---|---|
| Max DD | 21.48% |
| CAGR/Max DD | 1.11 |
Description: MDU MDU Resources January 11, 2026
MDU Resources Group, Inc. (NYSE:MDU) operates regulated electric and natural-gas utilities across the Upper Midwest and Rocky Mountain states, with three core segments: Electric generation & transmission, Natural-Gas Distribution, and Pipeline transportation & underground storage. The firm serves roughly 1.2 million electric customers and 1.0 million gas customers, delivering power in Montana, North Dakota, South Dakota, and Wyoming, and gas in eight states including Idaho, Minnesota, and Oregon.
Key performance indicators from the most recent FY2023 filing show a regulated revenue base of $2.1 billion, a dividend yield near 3.5 %, and a debt-to-equity ratio of 1.2, reflecting the capital-intensive nature of utility infrastructure. Growth is driven by modest population increases in the service territories, rising natural-gas consumption for heating, and ongoing pipeline expansions that benefit from limited new capacity in the Rocky Mountain region. However, the segment’s earnings are sensitive to regulatory rate-case outcomes and to broader macro-economic factors such as inflation-linked cost escalations and the pace of renewable-energy integration.
For a deeper quantitative assessment of MDU’s valuation dynamics, you might explore the analytics available on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income: 169.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.00 > 0.02 and ΔFCF/TA -1.35 > 1.0 |
| NWC/Revenue: -8.80% < 20% (prev 7.91%; Δ -16.71% < -1%) |
| CFO/TA 0.06 > 3% & CFO 453.3m > Net Income 169.3m |
| Net Debt (2.28b) to EBITDA (515.9m): 4.41 < 3 |
| Current Ratio: 0.75 > 1.5 & < 3 |
| Outstanding Shares: last quarter (205.3m) vs 12m ago 0.30% < -2% |
| Gross Margin: 31.85% > 18% (prev 0.27%; Δ 3158 % > 0.5%) |
| Asset Turnover: 24.44% > 50% (prev 28.85%; Δ -4.41% > 0%) |
| Interest Coverage Ratio: 3.03 > 6 (EBITDA TTM 515.9m / Interest Expense TTM 102.4m) |
Altman Z'' 0.90
| A: -0.02 (Total Current Assets 501.4m - Total Current Liabilities 666.5m) / Total Assets 7.19b |
| B: 0.15 (Retained Earnings 1.06b / Total Assets 7.19b) |
| C: 0.04 (EBIT TTM 309.9m / Avg Total Assets 7.68b) |
| D: 0.28 (Book Value of Equity 1.25b / Total Liabilities 4.46b) |
| Altman-Z'' Score: 0.90 = B |
Beneish M -4.00
| DSRI: 0.18 (Receivables 132.2m/934.5m, Revenue 1.88b/2.36b) |
| GMI: 0.84 (GM 31.85% / 26.85%) |
| AQI: 1.01 (AQ_t 0.15 / AQ_t-1 0.15) |
| SGI: 0.80 (Revenue 1.88b / 2.36b) |
| TATA: -0.04 (NI 169.3m - CFO 453.3m) / TA 7.19b) |
| Beneish M-Score: -4.03 (Cap -4..+1) = AAA |
What is the price of MDU shares?
Over the past week, the price has changed by -0.83%, over one month by +2.01%, over three months by -0.65% and over the past year by +23.96%.
Is MDU a buy, sell or hold?
- StrongBuy: 3
- Buy: 0
- Hold: 2
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the MDU price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 21.7 | 6.5% |
| Analysts Target Price | 21.7 | 6.5% |
| ValueRay Target Price | 24.5 | 20.6% |
MDU Fundamental Data Overview February 03, 2026
P/E Forward = 19.6464
P/S = 2.2504
P/B = 1.5524
P/EG = 2.4868
Revenue TTM = 1.88b USD
EBIT TTM = 309.9m USD
EBITDA TTM = 515.9m USD
Long Term Debt = 2.19b USD (from longTermDebt, last quarter)
Short Term Debt = 164.7m USD (from shortTermDebt, last quarter)
Debt = 2.35b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.28b USD (from netDebt column, last quarter)
Enterprise Value = 6.50b USD (4.22b + Debt 2.35b - CCE 75.9m)
Interest Coverage Ratio = 3.03 (Ebit TTM 309.9m / Interest Expense TTM 102.4m)
EV/FCF = -291.3x (Enterprise Value 6.50b / FCF TTM -22.3m)
FCF Yield = -0.34% (FCF TTM -22.3m / Enterprise Value 6.50b)
FCF Margin = -1.19% (FCF TTM -22.3m / Revenue TTM 1.88b)
Net Margin = 9.02% (Net Income TTM 169.3m / Revenue TTM 1.88b)
Gross Margin = 31.85% ((Revenue TTM 1.88b - Cost of Revenue TTM 1.28b) / Revenue TTM)
Gross Margin QoQ = 36.05% (prev 30.57%)
Tobins Q-Ratio = 0.90 (Enterprise Value 6.50b / Total Assets 7.19b)
Interest Expense / Debt = 1.12% (Interest Expense 26.4m / Debt 2.35b)
Taxrate = 11.11% (2.30m / 20.7m)
NOPAT = 275.5m (EBIT 309.9m * (1 - 11.11%))
Current Ratio = 0.75 (Total Current Assets 501.4m / Total Current Liabilities 666.5m)
Debt / Equity = 0.86 (Debt 2.35b / totalStockholderEquity, last quarter 2.72b)
Debt / EBITDA = 4.41 (Net Debt 2.28b / EBITDA 515.9m)
Debt / FCF = -102.1 (out of range, set to none) (Net Debt 2.28b / FCF TTM -22.3m)
Total Stockholder Equity = 2.72b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.20% (Net Income 169.3m / Total Assets 7.19b)
RoE = 6.22% (Net Income TTM 169.3m / Total Stockholder Equity 2.72b)
RoCE = 6.31% (EBIT 309.9m / Capital Employed (Equity 2.72b + L.T.Debt 2.19b))
RoIC = 5.53% (NOPAT 275.5m / Invested Capital 4.98b)
WACC = 5.28% (E(4.22b)/V(6.58b) * Re(7.66%) + D(2.35b)/V(6.58b) * Rd(1.12%) * (1-Tc(0.11)))
Discount Rate = 7.66% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 0.29%
Fair Price DCF = unknown (Cash Flow -22.3m)
EPS Correlation: -43.88 | EPS CAGR: -33.69% | SUE: -0.40 | # QB: 0
Revenue Correlation: -82.76 | Revenue CAGR: -33.35% | SUE: 0.01 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.41 | Chg30d=-0.008 | Revisions Net=-1 | Analysts=4
EPS next Year (2026-12-31): EPS=1.01 | Chg30d=-0.012 | Revisions Net=-2 | Growth EPS=+9.8% | Growth Revenue=+3.5%