FY2025 EPS Estimates for MGP Ingredients Reduced by Analyst

MGP Ingredients, Inc. (NASDAQ:MGPI - Free Report) - Equities researchers at Roth Capital cut their FY2025 earnings per share estimates for shares of MGP Ingredients in a report released on Thursday, February 27th. Roth Capital analyst S. Mcgowan now forecasts that the company will earn $2.58 per share for the year, down from their prior estimate of $3.00. The consensus estimate for MGP Ingredients' current full-year earnings is $5.56 per share. Roth Capital also issued estimates for MGP Ingredients' Q4 2025 earnings at $0.72 EPS, Q1 2026 earnings at $0.59 EPS and FY2026 earnings at $3.78 EPS.

Several other research firms also recently weighed in on MGPI. TD Cowen downgraded MGP Ingredients from a "buy" rating to a "hold" rating and dropped their price target for the stock from $66.00 to $50.00 in a research note on Wednesday, November 6th. Lake Street Capital upgraded shares of MGP Ingredients from a "hold" rating to a "buy" rating and dropped their target price for the stock from $55.00 to $45.00 in a research report on Thursday, February 27th. Wells Fargo & Company reduced their price target on shares of MGP Ingredients from $58.00 to $44.00 and set an "overweight" rating on the stock in a report on Tuesday, January 7th. Roth Mkm decreased their price target on shares of MGP Ingredients from $65.00 to $60.00 and set a "buy" rating on the stock in a research note on Monday, December 23rd. Finally, StockNews.com lowered MGP Ingredients from a "hold" rating to a "sell" rating in a research report on Friday, February 28th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $67.00.

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MGP Ingredients Price Performance

Shares of NASDAQ MGPI traded up $0.77 during mid-day trading on Monday, reaching $34.23. The company's stock had a trading volume of 332,682 shares, compared to its average volume of 419,458. The company has a debt-to-equity ratio of 0.31, a current ratio of 6.46 and a quick ratio of 1.94. MGP Ingredients has a 52 week low of $31.31 and a 52 week high of $92.52. The stock has a fifty day moving average of $35.10 and a two-hundred day moving average of $54.78. The firm has a market capitalization of $728.07 million, a PE ratio of 7.12 and a beta of 0.57.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. GAMMA Investing LLC raised its position in MGP Ingredients by 162.0% during the fourth quarter. GAMMA Investing LLC now owns 697 shares of the company's stock valued at $27,000 after purchasing an additional 431 shares during the period. Versant Capital Management Inc increased its position in shares of MGP Ingredients by 192.5% during the 4th quarter. Versant Capital Management Inc now owns 699 shares of the company's stock valued at $28,000 after purchasing an additional 460 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in MGP Ingredients by 45.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 597 shares of the company's stock valued at $50,000 after buying an additional 186 shares during the period. First Horizon Advisors Inc. raised its holdings in MGP Ingredients by 73.5% during the 3rd quarter. First Horizon Advisors Inc. now owns 760 shares of the company's stock valued at $63,000 after buying an additional 322 shares during the period. Finally, PNC Financial Services Group Inc. lifted its position in MGP Ingredients by 56.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,913 shares of the company's stock worth $75,000 after buying an additional 687 shares during the last quarter. Institutional investors own 77.11% of the company's stock.

MGP Ingredients Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.40%. MGP Ingredients's dividend payout ratio (DPR) is presently 31.79%.

MGP Ingredients Company Profile

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.