MDU — MDU Resources Group Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About MDU Resources Group Inc

MDU Resources Group, Inc. engages in the regulated energy delivery businesses in the United States. The company operates through three segments: Electric, Natural Gas Distribution, and Pipeline. It generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming through approximately 3,400 miles of transmission and 4,900 miles of distribution lines, as well as 86 transmission and 299 distribution substations. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$22.27
Market Cap$4.56B
Float207.8M
Shares Outstanding209.0M
P/E (Forward)22.32
P/E (TTM)23.73
Price/Sales (TTM)2.53
vs. Analyst Target+4.6% to analyst PT
Profit Margin10.48%
Operating Margin (TTM)18.94%
Revenue (TTM)$1.81B
Earnings Growth (YoY)-2.10%
Dividend Rate0.6%
Analyst Target Price$23.29 (5 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $5.53B $390M $1.05B $857M
2021 $3.45B $378M $687M $555M
2022 $1.75B $367M $490M $393M
2023 $1.80B $415M $519M $635M
2024 $1.76B $281M $572M $507M
2025 $1.88B $190M $405M $525M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $351M $13.8M
Sep 2025 $315M $18.4M
Dec 2025 $534M $76.3M
Mar 2026 $606M $80.8M

Ownership & Float

Insider Ownership0.4%
Institutional Ownership95.4%
Short Float5.6%
% of All Funds Holding4.72%
Number of Funds Holding388

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$21.95Near-term / short-term trend
Weekly40-Week SMA$20.09Medium-term trend
Weekly80-Week SMA$18.69Cyclical trend (business cycle)
Weekly200-Week SMA$14.81Secular trend (multi-year)
Monthly10-Month SMA$20.08Near-term monthly trend
Monthly20-Month SMA$18.76Medium-term monthly trend
Monthly40-Month SMA$15.54Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$19.20 support 1.20x 5 months ago
$17.90 support 1.65x 6 months ago
$16.20 support 1.25x 7 months ago
$15.80 support 1.09x 17 months ago
$14.20 support 1.13x 19 months ago

Historical Earnings Reactions (123 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.01% 0.03% 50.41% 6.01% -9.48%
1 Day 0.08% 0.00% 47.97% 6.30% -8.49%
1 Week 0.80% 1.01% 59.35% 20.27% -11.59%
2 Weeks 1.30% 0.53% 58.54% 25.13% -16.10%
1 Month 0.95% 0.83% 54.92% 39.89% -31.62%

Next earnings: August 6, 2026 (70 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan0.1%45.1%51
Feb0.1%56.9%51
Mar2.2%60.8%51
Apr1.5%60.8%51
May1.2%60.0%50
Jun-0.6%44.0%50
Jul0.9%54.0%50
Aug0.7%50.0%50
Sep-0.2%50.0%50
Oct1.1%64.0%50
Nov2.1%62.0%50
Dec1.0%56.9%51

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.03% 46.3% 2384
Tuesday 0.03% 45.7% 2586
Wednesday 0.04% 46.2% 2587
Thursday 0.04% 46.3% 2537
Friday 0.06% 46.6% 2524

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 95.4%

Insider Transactions — Smart Summary

Total insider ownership: 0.4%

12-Month Insider Activity Summary

Total Filings4
Net Value+$293,399.614
Net Shares Change22,749
% of Float0.0%
C-Suite Filings3
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
Vollmer Jason L CFO +$161,750 2 2 buy
Boese Dyke A. CIO +$131,649.614 1 1 buy
KELLEY CHARLES M +$104,225 1 1 buy

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-02-17 KELLEY CHARLES M +$104,225 Transaction at $20.84, now +6.8%
2025-07-16 Boese Dyke A. CIO +$131,649.614 Transaction at $16.99, now +31.1%
2025-09-09 Vollmer Jason L CFO +$80,375 Transaction at $16.07, now +38.5%
2025-08-19 Vollmer Jason L CFO +$81,375 Transaction at $16.27, now +36.8%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for MDU Resources Group Inc (MDU) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for MDU on Trend Edge →