Insider buying last 90 days
No open-market insider purchases were filed for MDU in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every MDU insider filing, plotted on the chart in Gekko.Open MDU in Gekko
NYSE: MDU
MDU Resources (MDU) Stock Analysis & Forecast
Oct 12 close
$18.65−0.09 (−0.5%)
Gekko Brief
AI summaryOct 12 closeThis week’s news centers on MDU Resources’ Q2 2026 results and analyst reaction. The company reported diluted earnings of $0.10 per share against a $0.09 consensus, with quarterly revenue of $375.3 million and net profit of $21.24 million, up from the prior year, as strength in the regulated utility and pipeline businesses offset revenue that came in below estimates. J.P. Morgan reiterated its Buy rating with a $25.00 price target, even as a separate report noted J.P. Morgan had cut its target without specifying details. MDU also raised its quarterly dividend to $0.145, putting the yield at 3.10%, and one fair value assessment was lifted to $23.63 from $23.29.
MDU closed at $18.65, down 0.5%, and sits below both its 50-day average of $19.49 and 200-day average of $20.64, with the shorter average beneath the longer one. The GekkoIndex reads 62.3, placing the stock in the Accumulation zone. The price stands 10.8% below Gekko Fair Value of $20.91.
Earnings are next scheduled for 5 November 2026, 23 days out, falling inside a typical 20-trading-day holding window; the prior quarter's report drew a 2.6% reaction. No insider, Congress, or options signal activity appears within their respective 90-day and 30-day windows. Seasonally, the next 20 trading days have averaged +3.4% over 5 years, with gains in 3 of them.
Written by AI from the Oct 12, 2026 close and checked automatically against the figures on this page.
MDU Resources price vs fair value
Close $18.65200-day averageGekko Fair Value $20.91
MDU Resources quick facts
- Market cap
- $3.90B
- P/E ratio
- 20
- Forward P/E
- 17.3
- EPS, TTM
- $0.94
- Revenue, TTM
- $1.83B
- Profit margin
- 10.7%
- Dividend yield
- 2.96%
- Beta
- 0.36
- Volume
- 1.46M avg 2.01M
- 1-year return
- −0.4%
- Typical daily move
- ±1.7%
- Typical 20-day move
- ±4.1%
- 50-day average
- $19.49
- 200-day average
- $20.64
- Next earnings
- Nov 5
- Shares outstanding
- 210.3M
MDU Resources swing-trade checklist
MDU Resources scores 3 supportive, 0 mixed and 2 headwinds across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
3 supportive0 mixed2 headwinds
- Trendheadwind
Below 50 and 200-day
Close $18.65 is below the 50-day ($19.49) and 200-day ($20.64) averages, and the 50-day is below the 200-day.
See the chart - GekkoIndexsupportive
62.3, Accumulation
Reading 62.3 is in the Accumulation zone.
See the GekkoIndex - Fair valuesupportive
10.8% below
Price is 10.8% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money - Earnings riskheadwind
Reports in 24 days
Reports on Nov 5, 2026, 24 days away — inside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+3.4% on average
From this point in the calendar, the next 20 trading days averaged +3.4% over 5 years, rising in 3 of them.
See seasonality
A description of current data, not a recommendation. How this page works
MDU Resources stock chart and price history
MDU Resources closed at $18.65 on Oct 12, 2026, −0.4% over the past year, inside a 52-week range of $18.24 to $22.98.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −2.9%
- 3 months
- −12.2%
- 6 months
- −14.0%
- 1 year
- −0.4%
The full MDU chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open MDU in Gekko
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About MDU Resources
MDU Resources works in two broad areas within the United States: supplying regulated energy and providing construction materials and related services. Its electric business generates and delivers power to households, businesses, factories, and local governments in Montana, North Dakota, South Dakota, and Wyoming, running a network of high-voltage transmission lines and local distribution lines. The company is also known for its natural gas distribution, which reaches customers across eight states including Idaho, Minnesota, and Washington, alongside pipeline operations that move and store gas mainly in the Rocky Mountain and northern Great Plains regions.
On the materials side, MDU Resources mines and processes aggregates, produces asphalt, and supplies ready-mix concrete, while also trading cement and other building products and offering contracting work. A separate construction services arm installs and maintains electrical, communication, fire suppression, and piping systems, working both above and below ground, and serves manufacturers, utilities, government bodies, transportation companies, and renewable energy developers.
The company was founded in 1924 and is headquartered in Bismarck, North Dakota. Its shares are listed on the NYSE under the ticker MDU.
- Listed
- NYSE
- Sector
- Utilities
- Industry
- Gas distributors
- Website
- mdu.com
MDU Resources GekkoIndex: the smart money zone
MDU Resources’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 62.3, in the Accumulation zone, down 2 points over five sessions.
62.3Accumulation
Down 2 points over five sessions.
Reading for Oct 12, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 16 | +1.6% | +7.0% | ||
| Accumulation (current zone) | 219 | +0.6% | +1.1% | ||
| Neutral | 389 | +0.3% | +1.5% | ||
| Distribution | 57 | +0.8% | +6.5% | ||
| Selling | 1 | Too few readings yet | |||
Average MDU share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.2% over 20 days. Past behaviour doesn’t guarantee future results.
Accumulation zone: Institutional interest building. About the five zones →
See every daily GekkoIndex reading plotted over the MDU price, zone by zone.Track MDU in Gekko
Is MDU Resources stock overvalued? Gekko Fair Value
MDU Resources trades 10.8% below Gekko Fair Value of $20.91, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what MDU Resources shares are worth, recalculated every trading day.
$20.91
Gekko Fair Value, Oct 10, 2026
10.8% Undervalued
At the end of Aug 2026 the price was 11.8% below the estimate.
Gekko Fair ValueShare price, month end
Gekko Fair Value on every chart, with the gap to price updating daily.Open MDU in Gekko
MDU Resources insider and Congress trading
No open-market insider purchases were filed for MDU Resources, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in MDU were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for MDU, plotted on the chart in Gekko.Open MDU in Gekko
Buybacks
MDU Resources has been buying back its own shares.
- Bought back, quarter ended Mar 31, 2025
- $4.48M
- As a share of market cap
- 0.11%
From company filings.
MDU Resources earnings: next date and track record
MDU Resources reports on Nov 5, 2026 (24 days away), and beat the EPS estimate in 5 of its last 8 reports.
Next earnings report
Nov 5, 2026
24 days away
- EPS estimate
- $0.10
- Revenue estimate
- $346.6M
5 of 8reports beat the EPS estimate
±4.2%average move across the report
4 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Aug 6, 2026 AI summary
- What they said
- MDU Resources reported Q2 2026 earnings of $21.3 million ($0.10 per share), up from $13.7 million ($0.07) a year earlier, with year-to-date earnings of $102.1 million ($0.49) vs. $95.7 million ($0.47) in 2025. Strength in the regulated electric utility and natural gas distribution segments—driven by new rates, higher retail sales volumes, customer growth and contributions from renewable investments such as the Badger Wind Farm—drove results. The pipeline segment saw a small decline due to lower other income and higher D&A, partially offset by short-term transportation demand. A major strategic focus was the Bakken East pipeline: MDU has executed precedent agreements totaling nearly 1.2 Bcf/d with an option that could bring contracted volumes close to the original open season interest; the project is being designed for 1.4 Bcf/d with a projected capital cost range of $2.7–$3.2 billion. Management expects to file a FERC 7(c) application in Q4 2026 and to make a final investment decision (FID) before that filing. They are evaluating financing, partnership and commercial options and expect to update capital plans around the regular late-November cycle, potentially incorporating Bakken East if the Board approves. Data-center-related ESAs (e.g., Polaris Forge 3) are pending regulatory approval and are being pursued under a capital-light model that shares margin with retail customers. Management emphasized disciplined capital execution, regulatory engagement, and continued community outreach on data centers.
- Guidance
- No formal numerical 2026 earnings or revenue guidance was provided. Forward-looking items disclosed: - FERC 7(c) filing for Bakken East anticipated in Q4 2026. - Final Investment Decision (FID) expected to occur before the 7(c) filing (timing subject to Board review). - Project design targeted at 1.4 Bcf/d with executed precedent agreements totaling nearly 1.2 Bcf/d and an option that could increase volumes. - Estimated project capital cost range of $2.7 billion to $3.2 billion. - In-service targets: Phase 1 late 2029; Phase 2 late 2030 (unchanged). - Anticipated capital plan update timing: late November (post-Q3 Board meeting), which could incorporate Bakken East assumptions if Board approves.
- Risks flagged
- Risks and challenges mentioned or implied: - Requirement for regulatory approvals (FERC 7(c) filing, state approvals for ESAs) before project or contract benefits are incorporated. - Need for Board approval prior to FID; timeline uncertainty. - Community engagement and potential pushback around data center development. - Higher interest expense and higher long-term debt balances impacting results. - Project execution risks on large-capex projects (cost, timeline, financing). - Dependence on customers' final commitments and timing (option exercise, delivery locations).
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Aug 6, 2026 | $0.07 est $0.08 | $375.2M est $396.6M | +2.6% |
| May 7, 2026 | $0.39 est $0.40 | $606.0M est $688.3M | +0.8% |
| Feb 5, 2026 | $0.37 est $0.36 | $534.0M est $561.5M | −3.3% |
| Nov 6, 2025 | $0.09 est $0.07 | $315.1M est $562.2M | +6.1% |
| Aug 7, 2025 | $0.07 est $0.13 | $351.2M est $263.9M | −5.6% |
| May 8, 2025 | $0.40 est $0.36 | $674.8M est $312.3M | −1.4% |
| Feb 6, 2025 | $0.34 est $0.31 | $535.5M est $789.6M | −7.9% |
| Nov 7, 2024 | $0.32 est $0.26 | $1.05B est $1.00B | +5.8% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
MDU Resources stock forecast and analyst price targets
Analysts’ average 12-month price target for MDU Resources is $23.00, +23.3% from the last close, from 4 firms rating the stock in the last 90 days.
$23.00consensus 12-month target, +23.3% from the last close
Now $18.65Avg $23.00
Low $23High $27
Each firm’s latest rating in the last 90 days: 4 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Aug 11 | Jefferies | $26 | +39.4% |
| Aug 11 | J.P. Morgan | $27 | +44.8% |
| Aug 7 | Wells Fargo | $25 | +34.0% |
| Aug 7 | Bank of America Securities | $23 | +23.3% |
| Aug 6 | J.P. Morgan | $27 | +44.8% |
+1.1%average 20-day move after past Accumulation readings
+3.4%average move over the next 20 trading days in the last 5 years
±1.7%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
MDU Resources seasonality: the next 20 trading days
Over the next 20 trading days from Oct 10, MDU Resources averaged +3.4% across the last 5 years, rising in 3 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +2.5% | 5 of 5 |
| Next 10 trading days | +1.6% | 3 of 5 |
| Next 15 trading days | +1.4% | 4 of 5 |
| Next 20 trading days | +3.4% | 3 of 5 |
| Next 30 trading days | +6.4% | 3 of 5 |
For scale, MDU’s typical 20-trading-day move in either direction is about 4.1%.
MDU Resources market cap and key statistics
MDU Resources’s market cap is $3.90B, with a P/E ratio of 20 and revenue of $1.83B over the last twelve months.
Valuation
- Market cap
- $3.90B
- P/E ratio
- 20
- Forward P/E
- 17.3
- EPS, TTM
- $0.94
- Gekko Fair Value
- $20.91
Trading
- Volume
- 1.46M
- Avg volume, 20 days
- 2.01M
- 52-week high
- $22.98
- 52-week low
- $18.24
- Shares outstanding
- 210.3M
Financials
- Revenue, TTM
- $1.83B
- Profit margin
- 10.7%
- Return on equity
- 6.9%
- Quarterly earnings growth, YoY
- +47.2%
Risk and income
- Beta
- 0.36
- Typical daily move
- ±1.7%
- Typical 20-day move
- ±4.1%
- Dividend yield
- 2.96%
MDU Resources stock news this week
Coverage of MDU Resources this week reads positive: 7 positive, 2 neutral and 1 negative headlines.
- Full Transcript: MDU Resources Gr Q2 2026 Earnings CallBenzinga, Oct 12
- J.P. Morgan Sticks to Its Buy Rating for Mdu Resources Group (MDU)The Globe and Mail, Oct 10
- Precision Trading with Mdu Resources Group Inc. (holding Company) (MDU) Risk ZonesStock Traders Daily, Oct 9
- An adviser reports 10.7 million MDU Resources (MDU) shares with no shared voting power.Stock Titan, Oct 8
- MDU raised its dividend to USD 0.145: MDU stock yields 3.10 percentAD HOC NEWS, Oct 8
- MDU Resources Group stock gets a higher USD 23.63 fair value viewAD HOC NEWS, Oct 8
MDU Resources peers
MDU Resources’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| TRGPTarga Resources | Neutral | 3.2% below |
| SRESempra | Neutral | 8.8% below |
| CQPCheniere Energy Partners | Neutral | 35.0% below |
| ATOAtmos Energy | Neutral | 6.2% below |
| NINiSource | Neutral | 12.8% above |
| SWXSouthwest Gas | Neutral | 7.9% below |
A peer links to its own page where one exists.
MDU Resources stock FAQ
What is MDU Resources’s market cap?
MDU Resources’s market cap is $3.90B at the Oct 12, 2026 close of $18.65, with 210.3M shares outstanding. The shares trade on a P/E ratio of 20.
What is the MDU Resources stock forecast?
The consensus analyst 12-month price target for MDU Resources is $23.00, +23.3% from the last close. Of the 4 firms that rated the stock in the last 90 days, 4 rate it a buy, 0 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is MDU Resources stock overvalued or undervalued?
On Gekko’s estimate MDU Resources is undervalued: the Oct 12, 2026 close of $18.65 is 10.8% below Gekko Fair Value of $20.91. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does MDU Resources report earnings next?
MDU Resources is expected to report on Nov 5, 2026 (24 days away). Analysts expect earnings of $0.10 per share on revenue of $346.6M. MDU Resources beat the earnings estimate in 5 of its last 8 reports, moving 4.2% on average across the report.
What is MDU Resources’s 52-week high and low?
MDU Resources’s 52-week high is $22.98 and its 52-week low is $18.24; it closed at $18.65 on Oct 12, 2026, −0.4% over the past year.
Is MDU Resources stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, fair value and seasonality) and 2 as headwinds (trend and earnings risk). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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