Free Trial
NASDAQ:MGPI

MGP Ingredients (MGPI) Stock Price, News & Analysis

MGP Ingredients logo
$28.96 +0.56 (+1.96%)
As of 03:53 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About MGP Ingredients Stock (NASDAQ:MGPI)

Key Stats

Today's Range
$28.01
$29.04
50-Day Range
$26.51
$34.23
52-Week Range
$25.12
$92.52
Volume
257,075 shs
Average Volume
326,108 shs
Market Capitalization
$616.19 million
P/E Ratio
6.02
Dividend Yield
1.66%
Price Target
$60.29
Consensus Rating
Moderate Buy

Company Overview

MGP Ingredients, Inc., together with its subsidiaries, engages in the production and supply of distilled spirits, branded spirits, and food ingredients in the United States and internationally. The company operates through three segments: Distillery Solutions; Branded Spirits; and Ingredient Solutions. The Distillery Solutions segment provides food grade alcohol for beverage applications that include bourbon, rye, whiskeys, as well as grain neutral spirits, include vodka and gin; and food-grade industrial alcohol, which is used as an ingredient in food products, personal care products, cleaning solutions, pharmaceuticals, and various other products. This segment also offers distillery co-products, such as dried distillers' grain, fuel-grade alcohol for blending with gasoline, and corn oil; and provides warehouse services, including barrel put away, barrel storage, and barrel retrieval services, as well as blending services. The Branded Spirits segment provides premium plus, ultra-premium, super premium, premium, mid, and value branded distilled spirits, as well as private label products. The Ingredient Solutions segment provides specialty wheat starches for food applications under the Fibersym, Resistant Starch series, and FiberRite RW Resistant Starch names; specialty wheat proteins for food applications under the Arise and Proterra names; gluten-free textured pea proteins; commodity wheat starch for food and non-food applications; and commodity wheat proteins. It sells its products directly or through distributors to manufacturers and processors of finished packaged goods or to bakeries. The company was founded in 1941 and is based in Atchison, Kansas.

MGP Ingredients Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
89th Percentile Overall Score

MGPI MarketRank™: 

MGP Ingredients scored higher than 89% of companies evaluated by MarketBeat, and ranked 12th out of 153 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    MGP Ingredients has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    MGP Ingredients has only been the subject of 3 research reports in the past 90 days.

  • Read more about MGP Ingredients' stock forecast and price target.
  • Earnings Growth

    Earnings for MGP Ingredients are expected to decrease by -38.67% in the coming year, from $5.56 to $3.41 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of MGP Ingredients is 5.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.65.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of MGP Ingredients is 5.98, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 15.45.

  • Price to Book Value per Share Ratio

    MGP Ingredients has a P/B Ratio of 0.74. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about MGP Ingredients' valuation and earnings.
  • Percentage of Shares Shorted

    20.63% of the float of MGP Ingredients has been sold short.
  • Short Interest Ratio / Days to Cover

    MGP Ingredients has a short interest ratio ("days to cover") of 7.6.
  • Change versus previous month

    Short interest in MGP Ingredients has recently increased by 5.44%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    MGP Ingredients pays a meaningful dividend of 1.71%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    MGP Ingredients does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of MGP Ingredients is 31.79%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, MGP Ingredients will have a dividend payout ratio of 14.08% next year. This indicates that MGP Ingredients will be able to sustain or increase its dividend.

  • Read more about MGP Ingredients' dividend.
  • Percentage of Shares Shorted

    20.63% of the float of MGP Ingredients has been sold short.
  • Short Interest Ratio / Days to Cover

    MGP Ingredients has a short interest ratio ("days to cover") of 7.6.
  • Change versus previous month

    Short interest in MGP Ingredients has recently increased by 5.44%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    MGP Ingredients has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.88 average news sentiment score of Consumer Staples companies.
  • News Coverage This Week

    MarketBeat has tracked 19 news articles for MGP Ingredients this week, compared to 10 articles on an average week.
  • Search Interest

    1 people have searched for MGPI on MarketBeat in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, MGP Ingredients insiders have sold 413.40% more of their company's stock than they have bought. Specifically, they have bought $174,291.00 in company stock and sold $894,806.00 in company stock.

  • Percentage Held by Insiders

    36.20% of the stock of MGP Ingredients is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    77.11% of the stock of MGP Ingredients is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about MGP Ingredients' insider trading history.
Receive MGPI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for MGP Ingredients and its competitors with MarketBeat's FREE daily newsletter.

MGPI Stock News Headlines

Trump Treasure April 19
Thanks to President Trump… A $900 investment across5 specific cryptos… Could gain 12,000% so quickly that, just 12 months later…
MGP Ingredients (MGPI) Projected to Post Earnings on Thursday
Roth Capital Forecasts Reduced Earnings for MGP Ingredients
Q3 EPS Estimates for MGP Ingredients Cut by Roth Capital
El Mayor Tequila debuts new packaging
See More Headlines

MGPI Stock Analysis - Frequently Asked Questions

MGP Ingredients' stock was trading at $39.37 at the beginning of the year. Since then, MGPI shares have decreased by 26.9% and is now trading at $28.79.
View the best growth stocks for 2025 here
.

MGP Ingredients, Inc. (NASDAQ:MGPI) posted its quarterly earnings results on Thursday, October, 31st. The company reported $1.29 EPS for the quarter, beating analysts' consensus estimates of $1.27 by $0.02. The business's revenue was down 23.7% compared to the same quarter last year.
Read the conference call transcript
.

MGP Ingredients subsidiaries include these companies: New Columbia Distillers, MGP Distilling LLC, MGPI of Indiana LLC, and MGPI Processing Inc..

Top institutional shareholders of MGP Ingredients include Rhumbline Advisers (0.24%), GAMMA Investing LLC (0.21%), Assenagon Asset Management S.A. (0.18%) and Janney Montgomery Scott LLC (0.12%). Insiders that own company stock include Donn S Lux, Luxco 2017 Irrevocable Trust D, S Lux 2005 Irrevocable Tr Ann, Paul S Lux, Karen Seaberg, David Colo, Brandon Gall, Lori LS Mingus, Cnl 2013 Irrevocable Trust Dat, Caroline L Kaplan Revocable T, Stephen J Glaser, David E Dykstra and Erika Lapish.
View institutional ownership trends
.

Shares of MGPI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that MGP Ingredients investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), AUO (AUOTY), The RMR Group (RMR), Humana (HUM) and Voyager Therapeutics (VYGR).

Company Calendar

Last Earnings
10/31/2024
Record date for 3/28 Dividend
3/14/2025
Ex-Dividend for 3/28 Dividend
3/14/2025
Dividend Payable
3/28/2025
Today
4/24/2025
Next Earnings (Estimated)
5/01/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Beer, wine, & distilled alcoholic beverages
Sub-Industry
Wholesale
Current Symbol
NASDAQ:MGPI
Employees
690
Year Founded
1941

Price Target and Rating

Average Stock Price Target
$60.29
High Stock Price Target
$120.00
Low Stock Price Target
$35.00
Potential Upside/Downside
+109.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Trailing P/E Ratio
6.00
Forward P/E Ratio
5.19
P/E Growth
N/A
Net Income
$107.47 million
Pretax Margin
19.14%

Debt

Sales & Book Value

Annual Sales
$703.63 million
Cash Flow
$6.22 per share
Price / Cash Flow
4.64
Book Value
$38.68 per share
Price / Book
0.75

Miscellaneous

Free Float
14,006,000
Market Cap
$613.66 million
Optionable
Optionable
Beta
0.61

Social Links

The Best High-Yield Dividend Stocks for 2025 Cover

Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.

Get This Free Report

This page (NASDAQ:MGPI) was last updated on 4/24/2025 by MarketBeat.com Staff
From Our Partners