Grufity logoGrufity logo

MDU Resources Group Inc Stock Research

MDU

29.38USD+0.32(+1.10%)Market Closed

Market Summary

USD29.38+0.32
Market Closed
1.10%

MDU Alerts

MDU Stock Price

MDU RSI Chart

MDU Valuation

Market Cap

5.9B

Price/Earnings (Trailing)

16.05

Price/Sales (Trailing)

0.85

EV/EBITDA

6.4

Price/Free Cashflow

11.56

MDU Price/Sales (Trailing)

MDU Profitability

EBT Margin

6.63%

Return on Equity

10.24%

Return on Assets

3.8%

Free Cashflow Yield

8.65%

MDU Fundamentals

MDU Revenue

Revenue (TTM)

7.0B

Revenue Y/Y

28.83%

Revenue Q/Q

-5.97%

MDU Earnings

Earnings (TTM)

367.5M

Earnings Y/Y

35.31%

Earnings Q/Q

-20.87%

Price Action

52 Week Range

24.9232.53
(Low)(High)

Last 7 days

-0.7%

Last 30 days

-8.2%

Last 90 days

-4.4%

Trailing 12 Months

15.4%

MDU Financial Health

Current Ratio

1.36

Debt/Equity

0.86

Debt/Cashflow

0.15

MDU Investor Care

Dividend Yield

3.07%

Dividend/Share (TTM)

0.86

Shares Dilution (1Y)

0.24%

Diluted EPS (TTM)

1.81

Peers (Alternatives to MDU Resources Group)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
45.2B
17.2B
-3.86% -32.94%
45.47
2.63
22.99% -69.77%
44.6B
14.4B
-7.06% -10.47%
19.53
3.09
12.30% 56.19%
33.6B
15.7B
3.63% 4.64%
20.22
2.14
14.58% 23.33%
29.4B
9.8B
-3.16% -12.62%
28.55
3
0.80% 259.10%
28.6B
9.6B
1.96% -2.50%
20.28
2.98
15.41% 8.56%
11.1B
5.9B
-2.77% -10.92%
13.86
1.91
19.41% 37.48%
MID-CAP
5.9B
7.0B
-8.19% 15.40%
16.05
0.85
22.76% -2.81%
3.9B
2.6B
-2.23% -15.51%
15.07
1.53
30.92% 9.14%
3.3B
1.5B
-3.29% -4.37%
17.92
2.22
7.69% -2.05%
3.0B
1.7B
0.36% -4.34%
19.51
1.74
20.61% 5.32%
2.3B
620.7M
-2.88% 13.52%
31.05
3.69
8.19% 22.07%
SMALL-CAP
1.3B
162.4M
-8.46% -24.95%
30.74
8.03
13.48% 16.11%
955.1M
1.5B
-2.53% -2.17%
5.83
0.63
12.11% 54.37%
886.1M
563.2M
-0.31% 14.18%
21.4
1.57
18.99% 14.68%
207.7M
1.1M
-4.80% 84.65%
-8.73
194.52
90.04% 28.68%

Financials for MDU Resources Group

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue6.3%6,9746,5586,1675,8695,681
Operating Expenses6.0%6,4006,0385,6675,3535,147
  S&GA Expenses4.9%4,9794,7484,4144,1754,079
EBITDA7.0%909850823843-
EBITDA Margin0.6%0.13*0.13*0.13*0.14*-
Earnings Before Taxes10.6%462418406441467
EBT Margin4.0%0.07*0.06*0.07*0.08*-
Interest Expenses9.9%11910910196.0094.00
Net Income9.1%367337328358378
Net Income Margin2.6%0.05*0.05*0.05*0.06*-
Free Cahsflow22.9%510415430513-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets0.6%9,6619,6079,3298,9718,910
  Current Assets-0.6%2,0122,0241,8591,5721,551
    Cash Equivalents7.9%81.0075.0065.0065.0054.00
  Inventory-2.8%388399401380336
  Net PPE1.6%6,0925,9945,8895,8015,756
  Goodwill0.0%764763763763765
  Current Liabilities0.8%1,4801,4681,3811,1671,092
.    Short Term Borrowings146.5%247100100100-
    LT Debt, Current-63.6%78.00214214148148
    LT Debt, Non Current-0.4%2,7632,7742,7142,6002,594
Shareholder's Equity2.7%3,5873,4923,3873,3613,383
  Retained Earnings3.8%1,9511,8801,7761,7501,762
  Additional Paid-In Capital0.7%1,4661,4551,4541,4511,461
Accumulated Depreciation0.3%3,2723,2633,2113,1583,216
Shares Outstanding0%203203203--
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations22.9%510415430513496
  Share Based Compensation7.4%10.0010.0011.0015.0015.00
Cashflow From Investing30.4%-638-918-910-930-885
Cashflow From Financing-70.2%155521487427385
  Dividend Payments0.6%177176174173171
  Buy Backs0%7.007.007.007.007.00

Risks for MDU

What is the probability of a big loss on MDU?

29.6%


Probability that MDU Resources Group stock will be more than 20% underwater in next one year

19.2%


Probability that MDU Resources Group stock will be more than 30% underwater in next one year.

18.5%


Probability that MDU Resources Group stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does MDU drawdown profile look like?

Y-axis is the maximum loss one would have experienced if MDU Resources Group was unfortunately bought at previous high price.

Drawdowns

Returns for MDU

Cumulative Returns on MDU

4.5%


10-Year Cumulative Returns

9.4%


7-Year Cumulative Returns

3.7%


5-Year Cumulative Returns

13.1%


3-Year Cumulative Returns

What are the long-term rolling returns for MDU?

FIve years rolling returns for MDU Resources Group.

Annualized Returns

Which funds bought or sold MDU recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-23
MetLife Investment Management, LLC
reduced
-1.96
312,634
3,883,640
0.03%
2023-03-17
American Portfolios Advisors
reduced
-28.2
-11,837
31,617
-%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-2.67
109,142
1,484,140
-%
2023-03-06
Rockefeller Capital Management L.P.
unchanged
-
-
1,000
-%
2023-03-03
TIAA, FSB
reduced
-1.13
39,213
448,213
-%
2023-02-28
Voya Investment Management LLC
reduced
-2.4
336,776
4,416,780
0.01%
2023-02-27
CASCADE INVESTMENT GROUP, INC.
new
-
606,800
606,800
0.63%
2023-02-24
Garde Capital, Inc.
unchanged
-
17,000
179,000
0.02%
2023-02-24
NATIXIS
new
-
147,392
147,392
-%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
92,000
937,000
0.01%

1–10 of 48

Latest Funds Activity

Are funds buying MDU calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own MDU
No. of Funds

MDU Resources Group News

InvestorsObserver

Is Mdu Resources Group Inc (MDU) Stock Near the Top of the Conglomerates Industry?.

InvestorsObserver,
26 hours ago

DirectorsTalk Interviews

Montana Free Press

Stock Traders Daily

Nasdaq

Zacks Investment Research

Investor's Business Daily

Stocks With Rising Composite Ratings: Eaton Corp. PLC.

Investor's Business Daily,
20 days ago

Investor's Business Daily

Investor's Business Daily

Schedule 13G FIlings of MDU Resources Group

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
10.83%
22,021,300
SC 13G/A
Jan 24, 2023
blackrock inc.
9.3%
18,827,655
SC 13G
Jan 24, 2023
corvex management lp
4.99%
10,147,041
SC 13D/A
Feb 11, 2022
state street corp
6.76%
13,751,230
SC 13G/A
Feb 09, 2022
vanguard group inc
11.08%
22,537,128
SC 13G/A
Feb 01, 2022
blackrock inc.
8.9%
18,020,281
SC 13G/A
Feb 10, 2021
vanguard group inc
10.34%
20,724,538
SC 13G/A
Feb 09, 2021
state street corp
6.83%
13,699,907
SC 13G
Jan 29, 2021
blackrock inc.
8.5%
17,069,272
SC 13G/A
Feb 14, 2020
state street corp
6.86%
13,740,378
SC 13G

MDU Fair Value

MDU Resources Group fair value in different scenarios

The table shows the Fair Value estimates for MDU Resources Group for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

24.62

-16.20%

35.61

21.20%

43.88

49.35%

58.51

99.15%

72.77

147.69%
Current Inflation

23.73

-19.23%

28.37

-3.44%

37.70

28.32%

47.90

63.04%

56.78

93.26%
Very High Inflation

19.71

-32.91%

26.98

-8.17%

31.92

8.65%

41.66

41.80%

50.82

72.97%

Historical MDU Resources Group Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of MDU Resources Group

View All Filings
Date Filed Form Type Document
Mar 24, 2023
ARS
ARS
Mar 24, 2023
DEF 14A
DEF 14A
Mar 24, 2023
DEFA14A
DEFA14A
Mar 03, 2023
3
Insider Trading
Feb 24, 2023
10-K
Annual Report
Feb 21, 2023
4
Insider Trading
Feb 21, 2023
4
Insider Trading
Feb 21, 2023
4
Insider Trading
Feb 21, 2023
4
Insider Trading
Feb 21, 2023
4
Insider Trading

Latest Insider Trading transactions for MDU

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-16
Kivisto Nicole A
sold (taxes)
-223,480
31.16
-7,172
president & ceo-montana-dakota
2023-02-16
Thiede Jeffrey S
sold (taxes)
-213,477
31.16
-6,851
president & ceo mdu csg
2023-02-16
Barth Stephanie A
sold (taxes)
-58,954
31.16
-1,892
vp, cao & controller
2023-02-16
Hastings Trevor J
sold (taxes)
-138,288
31.16
-4,438
president & ceo - wbi holdings
2023-02-16
Goodin David L
sold (taxes)
-968,920
31.16
-31,095
president & ceo
2023-02-16
Thiede Jeffrey S
acquired
572,440
11.657
49,107
president & ceo mdu csg
2023-02-16
Barth Stephanie A
acquired
164,369
11.3522
14,479
vp, cao & controller
2023-02-16
Hastings Trevor J
acquired
347,341
13.9198
24,953
president & ceo - wbi holdings
2023-02-16
Jones Anne M
acquired
176,116
10.8034
16,302
vp & chro
2023-02-16
Jones Anne M
sold (taxes)
-62,382
31.16
-2,002
vp & chro

1–10 of 50

David L. Goodin
12800
MDU Resources Group, Inc. engages in the regulated energy delivery, and construction materials and services businesses in the United States. The company's Electric segment generates, transmits, and distributes electricity for residential, commercial, industrial, and municipal customers in Montana, North Dakota, South Dakota, and Wyoming, as well as operates 3,500 miles of transmission lines and 4,800 miles of distribution lines. Its Natural Gas Distribution segment distributes natural gas for residential, commercial, and industrial customers in Idaho, Minnesota, Montana, North Dakota, Oregon, South Dakota, Washington, and Wyoming; and offers supply-related value-added services. The company's Pipeline segment provides natural gas transportation and underground storage services through a regulated pipeline system primarily in the Rocky Mountain and northern Great Plains regions; and cathodic protection and other energy-related services. Its Construction Materials and Contracting segment mines, processes, and sells construction aggregates; produces and sells asphalt mix; and supplies ready-mixed concrete. This segment is also involved in the sale of cement, finished concrete products, and other building materials and related contracting services. The company's Construction Services segment designs, constructs, and maintains electrical and communication wiring and infrastructure, fire suppression systems, mechanical piping and services; overhead and underground electrical, gas, and communication infrastructure; and manufactures and distributes transmission lines construction equipment. It serves manufacturing, commercial, industrial, transportation, institutional, and renewable and government customers, as well as utilities. The company was founded in 1924 and is headquartered in Bismarck, North Dakota.

MDU Income Statement

2022-12-31
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating revenues:   
Revenues$ 6,973,864$ 5,680,733$ 5,532,750
Operating expenses:   
Operation and maintenance:4,978,8574,078,6234,028,262
Purchased natural gas sold757,883483,118390,269
Depreciation, depletion and amortization327,826299,214285,100
Taxes, other than income243,338211,454217,253
Electric fuel and purchased power92,00774,10566,941
Operating expenses6,399,9115,146,5144,987,825
Operating income573,953534,219544,925
Other income7,37926,41626,711
Interest expense119,27393,98496,519
Income before income taxes462,059466,651475,117
Income taxes94,78388,92084,590
Income from continuing operations367,276377,731390,527
Discontinued operations, net of tax213400(322)
Net income$ 367,489$ 378,131$ 390,205
Earnings per share - basic:   
Income from continuing operations$ 1.81$ 1.87$ 1.95
Discontinued operations, net of tax000
Earnings per share - basic1.811.871.95
Earnings per share - diluted:   
Income from continuing operations1.811.871.95
Discontinued operations, net of tax000
Earnings per share - diluted$ 1.81$ 1.87$ 1.95
Weighted average common shares outstanding - basic203,358202,076200,502
Weighted Average Number of Shares Outstanding, Diluted203,462202,383200,571
Regulated Operation   
Operating revenues:   
Revenues$ 1,735,759$ 1,390,343$ 1,249,146
Operating expenses:   
Operation and maintenance:374,708366,586353,184
Income from continuing operations137,605143,085135,103
Nonregulated Operation   
Operating revenues:   
Revenues5,238,1054,290,3904,283,604
Operating expenses:   
Operation and maintenance:4,604,1493,712,0373,675,078
Income from continuing operations$ 229,671$ 234,646$ 255,424

MDU Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 80,517$ 54,161
Receivables, net1,305,642946,741
Inventories387,525335,609
Current regulatory assets165,092118,691
Prepayments and other current assets72,97295,741
Total current assets2,011,7481,550,943
Noncurrent assets:  
Property, plant and equipment9,364,0388,972,849
Less accumulated depreciation, depletion and amortization3,272,4933,216,461
Net property, plant and equipment6,091,5455,756,388
Goodwill763,500765,386
Other intangible assets, net17,53222,578
Regulatory assets329,659357,851
Investments161,913175,476
Operating lease right-of-use assets119,375124,138
Other165,509157,675
Total noncurrent assets7,649,0337,359,492
Total assets9,660,7818,910,435
Current liabilities:  
Short-term borrowings246,5000
Long-term debt due within one year78,031148,053
Accounts payable657,168478,933
Taxes payable70,81080,372
Dividends payable45,24544,229
Accrued compensation88,66281,904
Operating lease liabilities due within one year34,51635,368
Regulatory liabilities due within one year26,44016,303
Other accrued liabilities232,231207,078
Total current liabilities1,479,6031,092,240
Noncurrent liabilities:  
Long-term debt2,763,3942,593,847
Deferred income taxes631,303591,962
Asset retirement obligations405,885458,061
Regulatory liabilities448,454428,790
Operating lease liabilities85,53489,253
Other259,479273,408
Total noncurrent liabilities4,594,0494,435,321
Commitments and contingencies
Stockholders' equity:  
Common stock204,163203,889
Other paid-in capital1,466,0371,461,205
Retained earnings1,951,1381,762,410
Accumulated other comprehensive loss(30,583)(41,004)
Treasury stock at cost - 538,921 shares(3,626)(3,626)
Total stockholders' equity3,587,1293,382,874
Total liabilities and stockholders' equity$ 9,660,781$ 8,910,435
Common Stock, Shares Authorized500,000,000500,000,000
Common Stock, Par Value Per Share$ 1.00$ 1.00
Common Stock, Shares, Issued204,162,814203,889,661
Treasury Stock, Common, Shares538,921538,921
MDU Resources Group, Inc. [Member]  
Current assets:  
Cash and cash equivalents$ 19,486$ 6,159
Receivables, net4,4106,120
Prepayments and other current assets3,2372,528
Total current assets80,41864,503
Noncurrent assets:  
Investments50,20655,686
Operating lease right-of-use assets72114
Other2,06826,558
Total noncurrent assets3,646,7683,458,259
Total assets3,727,1863,522,762
Current liabilities:  
Accounts payable2,3542,546
Taxes payable5721,672
Dividends payable45,24644,229
Accrued compensation4,3124,098
Operating lease liabilities due within one year4252
Other accrued liabilities17,9077,309
Total current liabilities74,83566,039
Noncurrent liabilities:  
Operating lease liabilities3062
Other65,19273,787
Total noncurrent liabilities65,22273,849
Commitments and contingencies
Stockholders' equity:  
Common stock204,163203,889
Other paid-in capital1,466,0371,461,205
Retained earnings1,951,1381,762,410
Accumulated other comprehensive loss(30,583)(41,004)
Treasury stock at cost - 538,921 shares(3,626)(3,626)
Total stockholders' equity3,587,1293,382,874
Total liabilities and stockholders' equity$ 3,727,186$ 3,522,762
Common Stock, Shares Authorized500,000,000500,000,000
Common Stock, Par Value Per Share$ 1.00$ 1.00
Common Stock, Shares, Issued204,162,814203,889,661
Treasury Stock, Common, Shares538,921538,921