J.P. Morgan keeps USD 25.00 target for MDU Resources Group stock

Published on 10/20/2026 at 21:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

J.P. Morgan sets a USD 25.00 target. MDU Resources Group stock costs EUR 17.00 on October 20, 2026, up 1.80 percent versus the Frankfurt close.

Analyst target and reporting date

J.P. Morgan maintained a USD 25.00 target and Buy rating on October 10, 2026.
Second-quarter 2026 earnings were USD 21.30 million, compared with USD 13.70 million a year earlier.
MDU Resources Group stock costs EUR 17.00 at Lang & Schwarz on October 20, 2026 at 9:34 p.m. CEST, 1.80 percent above the Frankfurt close of October 19, 2026.
Third-quarter 2026 results are scheduled for November 5, 2026.

MDU, US5526901096, Illustration mit AI erstellt.

On October 10, 2026, J.P. Morgan maintained a Buy rating and a USD 25.00 price target for MDU Resources Group, as reported by The Globe and Mail. The target lies 30.82 percent above the NYSE price of USD 19.11 at 3:38 p.m. ET on October 20, 2026. At Lang & Schwarz, MDU Resources Group stock was trading at EUR 17.00 on October 20, 2026 at 9:34 p.m. CEST, up 1.80 percent versus the Frankfurt close of October 19, 2026 at EUR 16.70.

Second-quarter earnings set the baseline

MDU Resources Group reported second-quarter 2026 net income of USD 21.30 million, or USD 0.10 per diluted share, compared with USD 13.70 million and USD 0.07 per share in the second quarter of 2025, according to Benzinga. The company also reaffirmed 2026 earnings-per-share guidance of USD 0.93 to USD 1.00 and a long-term growth objective of 6.00 percent to 8.00 percent.

What does the target imply?

The USD 25.00 target places valuation attention on MDU's regulated utility and pipeline investments rather than on the latest euro quotation. Management described a USD 3.10 billion capital program for 2026 through 2030 and a potential Bakken East project designed for 1.40 billion cubic feet per day, with a final investment decision expected before a federal filing in the fourth quarter of 2026, according to Benzinga's October 12, 2026 transcript.

Price position and valuation

The NYSE quotation stood at USD 19.11 at 3:38 p.m. ET on October 20, 2026, within a 52-week range of USD 18.24 to USD 22.98. That puts the price 4.77 percent above the yearly low and 16.84 percent below the yearly high. MDU's market capitalization was USD 4.0 billion, its price-to-earnings ratio was 20.12, and its trailing dividend yield was 3.00 percent.

The next scheduled company event is the third-quarter 2026 earnings release before the U.S. market opens on November 5, 2026, followed by a conference call at 2:00 p.m. ET, according to MDU Resources. For investors, the report will test whether the USD 0.93 to USD 1.00 outlook remains supported by utility customer growth and pipeline execution.

MDU stock stays below its yearly high

MDU Resources Group stock was trading at EUR 17.00 at Lang & Schwarz on October 20, 2026 at 9:34 p.m. CEST, 1.80 percent above the Frankfurt close of October 19, 2026 at EUR 16.70. The NYSE price was USD 19.11 at 3:38 p.m. ET on October 20, 2026, while the 52-week high was USD 22.98.

The further course of trading is shown by the continuously updated real-time quote of MDU Resources Group stock.