Roth Capital Expects Reduced Earnings for MGP Ingredients

MGP Ingredients, Inc. (NASDAQ:MGPI - Free Report) - Research analysts at Roth Capital cut their Q4 2025 earnings per share (EPS) estimates for MGP Ingredients in a report released on Monday, April 21st. Roth Capital analyst S. Mcgowan now expects that the company will post earnings of $0.72 per share for the quarter, down from their prior estimate of $0.75. The consensus estimate for MGP Ingredients' current full-year earnings is $5.56 per share.

Other equities analysts have also recently issued research reports about the stock. StockNews.com cut shares of MGP Ingredients from a "hold" rating to a "sell" rating in a research report on Friday, February 28th. Lake Street Capital upgraded MGP Ingredients from a "hold" rating to a "buy" rating and cut their price objective for the stock from $55.00 to $45.00 in a research report on Thursday, February 27th. Finally, Wells Fargo & Company lowered their target price on MGP Ingredients from $40.00 to $37.00 and set an "overweight" rating on the stock in a report on Wednesday, April 2nd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat.com, MGP Ingredients currently has a consensus rating of "Moderate Buy" and a consensus price target of $66.00.

MGP Ingredients Trading Up 1.9 %

Shares of MGPI stock opened at $28.62 on Wednesday. MGP Ingredients has a fifty-two week low of $25.12 and a fifty-two week high of $92.52. The company has a quick ratio of 1.94, a current ratio of 6.46 and a debt-to-equity ratio of 0.31. The business has a fifty day simple moving average of $30.22 and a 200-day simple moving average of $40.91. The stock has a market cap of $608.75 million, a P/E ratio of 5.95 and a beta of 0.61.

Institutional Investors Weigh In On MGP Ingredients

Several hedge funds have recently modified their holdings of MGPI. Stifel Financial Corp raised its position in shares of MGP Ingredients by 39.9% in the 3rd quarter. Stifel Financial Corp now owns 11,940 shares of the company's stock worth $994,000 after buying an additional 3,406 shares during the period. MML Investors Services LLC increased its stake in MGP Ingredients by 28.2% during the third quarter. MML Investors Services LLC now owns 4,920 shares of the company's stock worth $410,000 after acquiring an additional 1,083 shares during the last quarter. Virtu Financial LLC purchased a new position in shares of MGP Ingredients in the 3rd quarter worth about $373,000. World Investment Advisors LLC acquired a new position in shares of MGP Ingredients in the 3rd quarter valued at about $6,100,000. Finally, JPMorgan Chase & Co. grew its holdings in shares of MGP Ingredients by 201.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 64,723 shares of the company's stock worth $5,388,000 after purchasing an additional 43,233 shares during the period. 77.11% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at MGP Ingredients

In other MGP Ingredients news, Director Karen Seaberg sold 28,304 shares of the firm's stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $30.82, for a total value of $872,329.28. Following the sale, the director now directly owns 283,569 shares of the company's stock, valued at approximately $8,739,596.58. This trade represents a 9.08 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 36.20% of the company's stock.

MGP Ingredients Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date of this dividend was Friday, March 14th. MGP Ingredients's dividend payout ratio is presently 31.79%.

About MGP Ingredients

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.

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