MDU Resources Group, Inc. engages in regulated energy delivery, and construction materials and services businesses in the United States.
Solid track record established dividend payer.
Share Price & News
How has MDU Resources Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MDU's share price has been volatile over the past 3 months.
7 Day Return
US Integrated Utilities
1 Year Return
US Integrated Utilities
Return vs Industry: MDU underperformed the US Integrated Utilities industry which returned -6.1% over the past year.
Return vs Market: MDU underperformed the US Market which returned -10.4% over the past year.
Price Volatility Vs. Market
How volatile is MDU Resources Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWhat Is MDU Resources Group's (NYSE:MDU) P/E Ratio After Its Share Price Tanked?
1 week ago | Simply Wall StWith 24% Earnings Growth, Did MDU Resources Group, Inc. (NYSE:MDU) Outperform The Industry?
1 month ago | Simply Wall StDoes MDU Resources Group (NYSE:MDU) Have A Healthy Balance Sheet?
Is MDU Resources Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MDU ($21.37) is trading above our estimate of fair value ($19.56)
Significantly Below Fair Value: MDU is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MDU is good value based on its PE Ratio (12.7x) compared to the Integrated Utilities industry average (19.7x).
PE vs Market: MDU is good value based on its PE Ratio (12.7x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MDU's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MDU is good value based on its PB Ratio (1.5x) compared to the US Integrated Utilities industry average (1.8x).
How is MDU Resources Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if MDU's forecast earnings growth is above the savings rate (1.7%).
Earnings vs Market: Insufficient data to determine if MDU's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MDU's revenue (2.1% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: MDU's revenue (2.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if MDU's Return on Equity is forecast to be high in 3 years time
How has MDU Resources Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MDU has high quality earnings.
Growing Profit Margin: MDU's current net profit margins (6.3%) are higher than last year (5.9%).
Past Earnings Growth Analysis
Earnings Trend: MDU's earnings have grown by 13.4% per year over the past 5 years.
Accelerating Growth: MDU's earnings growth over the past year (24.4%) exceeds its 5-year average (13.4% per year).
Earnings vs Industry: MDU earnings growth over the past year (24.4%) exceeded the Integrated Utilities industry 5.7%.
Return on Equity
High ROE: MDU's Return on Equity (11.8%) is considered low.
How is MDU Resources Group's financial position?
Financial Position Analysis
Short Term Liabilities: MDU's short term assets ($1.3B) exceed its short term liabilities ($866.4M).
Long Term Liabilities: MDU's short term assets ($1.3B) do not cover its long term liabilities ($4.0B).
Debt to Equity History and Analysis
Debt Level: MDU's debt to equity ratio (78.8%) is considered high.
Reducing Debt: MDU's debt to equity ratio has increased from 64.5% to 78.8% over the past 5 years.
Debt Coverage: MDU's debt is well covered by operating cash flow (24.2%).
Interest Coverage: MDU's interest payments on its debt are well covered by EBIT (4.9x coverage).
Inventory Level: MDU has a high level of physical assets or inventory.
Debt Coverage by Assets: MDU's debt is not covered by short term assets (assets are 0.6x debt).
What is MDU Resources Group's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MDU's dividend (3.88%) is higher than the bottom 25% of dividend payers in the US market (1.95%).
High Dividend: MDU's dividend (3.88%) is low compared to the top 25% of dividend payers in the US market (5.4%).
Stability and Growth of Payments
Stable Dividend: MDU's dividends per share have been stable in the past 10 years.
Growing Dividend: MDU's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (48.3%), MDU's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MDU's dividends in 3 years are forecast to be well covered by earnings (40.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dave Goodin (57yo)
Mr. David L. Goodin, also known as Dave, has been the Chief Executive Officer and President of MDU Resources Group Inc. since January 4, 2013. Mr. Goodin served as the Chief Executive Officer and President ...
CEO Compensation Analysis
Compensation vs Market: Dave's total compensation ($USD4.12M) is about average for companies of similar size in the US market ($USD5.48M).
Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.
|VP, CFO & Treasurer||2.42yrs||US$1.13m||0.0068% $292.1k|
|CEO & President of Cascade Natural Gas Corp||5.17yrs||US$1.30m||0.032% $1.4m|
|President & CEO of Knife River Corporation||6.83yrs||US$2.03m||0.023% $991.4k|
|President & CEO of MDU Construction Services Group||8.17yrs||US$1.97m||0.024% $1.0m|
|VP, Chief Accounting Officer & Controller||2.42yrs||no data||0.0012% $50.5k|
|VP & Chief Information Officer||4.17yrs||no data||0.0086% $370.4k|
|Financial Analyst II - Investor Relations||no data||no data||no data|
|VP, General Counsel & Secretary||4.17yrs||no data||0.022% $934.0k|
|Vice President of Human Resources||4.17yrs||no data||0.015% $657.3k|
Experienced Management: MDU's management team is considered experienced (4.2 years average tenure).
|Independent Director||1.58yrs||US$75.03k||0.0074% $316.5k|
|Independent Director||6.58yrs||US$180.08k||0.014% $604.7k|
|Independent Director||17.17yrs||US$180.08k||0.040% $1.7m|
|Independent Director||25.17yrs||US$190.08k||0.43% $18.5m|
|Independent Chairman of the Board||0.83yr||US$195.08k||0.050% $2.1m|
|Independent Director||14.25yrs||US$190.58k||0.039% $1.7m|
|Independent Director||17.17yrs||US$180.08k||0.067% $2.9m|
|Independent Director||1.25yrs||US$30.01k||0.0092% $394.8k|
|Independent Director||0.83yr||no data||0.0014% $61.2k|
Experienced Board: MDU's board of directors are considered experienced (6.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MDU insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
MDU Resources Group, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: MDU Resources Group, Inc.
- Ticker: MDU
- Exchange: NYSE
- Founded: 1924
- Industry: Multi-Utilities
- Sector: Utilities
- Market Cap: US$4.282b
- Shares outstanding: 200.39m
- Website: https://www.mdu.com
Number of Employees
- MDU Resources Group, Inc.
- 1200 West Century Avenue
- PO Box 5650
- North Dakota
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MDU||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jan 1968|
|MRE||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1968|
MDU Resources Group, Inc. engages in regulated energy delivery, and construction materials and services businesses in the United States. It operates through five segments: Electric, Natural Gas Distribution, Pipeline and Midstream, Construction Materials and Contracting, and Construction Services. The Electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming. As of December 31, 2019, it served 143,346 residential, commercial, industrial, and municipal customers in 185 communities and adjacent rural areas. The Natural Gas Distribution segment distributes natural gas and transportation services in Idaho, Minnesota, Montana, North Dakota, Oregon, South Dakota, Washington, and Wyoming. It serves 977,468 residential, commercial, and industrial customers in 337 communities and adjacent rural areas. The Pipeline and Midstream segment provides natural gas transportation, underground storage, and gathering services primarily in the Rocky Mountain and northern Great Plains regions. It also offers cathodic protection and other energy-related services. The Construction Materials and Contracting segment mines, processes, and sells construction aggregates, such as crushed stone, sand and gravel; produces and sells asphalt mix; and supplies ready-mixed concrete and cement in the central, southern, and western United States, as well as Alaska and Hawaii. The Construction Services segment designs, constructs, and maintains overhead and underground electrical distribution and transmission lines, substations, external lighting, traffic signalization, and gas pipelines; electrical and communication wiring and infrastructure, and fire suppression systems; and renewable energy projects. It also offers utility excavation, and mechanical piping and services; and manufactures and distributes transmission line construction equipment and other supplies. The company was founded in 1924 and is headquartered in Bismarck, North Dakota.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 01:09|
|End of Day Share Price||2020/03/30 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.