MGP Ingredients (MGPI) Stock Price, News & Analysis

Company Overview

MGP Ingredients, Inc. (NASDAQ: MGPI) is a leading producer of distilled spirits and specialty ingredient solutions for the food, beverage and consumer products industries. Headquartered in Atchison, Kansas, the company operates two main facilities—its historic Atchison plant, founded in 1941 as Midwest Grain Products, and a modern distillery in Lawrenceburg, Indiana. MGP Ingredients supplies an array of distillation products under its beverage and ingredient segments, serving brand owners, private-label producers and co-packers worldwide.

The beverage segment features a broad portfolio of premium spirits, including bourbon and rye whiskies, vodka, gin and neutral spirits. These offerings support many of the craft and established brands on today’s market, as well as distilleries seeking custom mash bills or mature inventory. MGP’s contract distilling services and aging capabilities enable customers to bring new bourbon or rye labels to market under their own brand names without significant capital investment in production infrastructure.

In its ingredient segment, MGP leverages decades of grain‐processing expertise to manufacture wheat proteins, starches and specialty enzyme systems used in applications ranging from bakery and cereal products to pet nutrition and brewing. Through proprietary milling and fractionation technologies, the company produces vital wheat gluten, soluble wheat protein concentrates and clean-label starches that help food formulators improve texture, nutritional profile and processing efficiency.

Under the leadership of President and CEO Alex R. Thomopoulos, MGP Ingredients has expanded its global reach, with distribution in North America, Europe and select markets in Asia. The company’s management team emphasizes operational excellence, quality control and sustainable sourcing practices. With a diversified product mix and strategic partnerships across multiple end markets, MGP Ingredients continues to build on its heritage of grain-based innovation.

Key Stats

• Today's Range: $19.31 to $20.50
• 50-Day Range: $16.50 to $25.81
• 52-Week Range: $16.45 to $34.99
• Volume: 157,095 shs
• Average Volume: 225,761 shs
• Market Capitalization: $412.87 million
• P/E Ratio: N/A
• Dividend Yield: 2.48%
• Price Target: $27.75
• Consensus Rating: Hold

MGP Ingredients Stock Analysis - MarketRank™

MGP Ingredients scored higher than 90% of companies evaluated by MarketBeat, and ranked 25th out of 151 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.2 / 5
• Analyst Rating: Hold

Consensus Rating

MGP Ingredients has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on no strong buy ratings, 3 buy ratings, 2 hold ratings, and 1 sell rating.

Upside Potential

MGP Ingredients has a consensus price target of $27.75, representing about 43.6% upside from its current price of $19.32.

Amount of Analyst Coverage

MGP Ingredients has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 28.75%

Earnings Growth

Earnings for MGP Ingredients are expected to grow by 28.75% in the coming year, from $1.60 to $2.06 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of MGP Ingredients is -1.73, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of MGP Ingredients is -1.73, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

MGP Ingredients has a P/B Ratio of 0.71. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

6.70% 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 4.36.

Change versus previous month

Short interest in MGP Ingredients has recently decreased by 14.91%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

MGP Ingredients pays a meaningful dividend of 2.40%, 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 Sustainability

Based on earnings estimates, MGP Ingredients will have a dividend payout ratio of 23.30% next year. This indicates that MGP Ingredients will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.51

News Sentiment

MGP Ingredients has a news sentiment score of 0.51. 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 0.62 average news sentiment score of Consumer Staples companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for MGP Ingredients this week, compared to 3 articles on an average week.

Company Ownership

• Score: 1.4 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, MGP Ingredients insiders have not sold or bought any company stock.

Percentage Held by Insiders

31.70% 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.

MGPI Stock Analysis - Frequently Asked Questions

How have MGPI shares performed this year?

MGP Ingredients' stock was trading at $24.30 at the beginning of the year. Since then, MGPI stock has decreased by 20.5% and is now trading at $19.32.

How were MGP Ingredients' earnings last quarter?

MGP Ingredients, Inc. (NASDAQ:MGPI) announced its earnings results on Wednesday, April, 29th. The company reported $0.15 EPS for the quarter, beating analysts' consensus estimates of $0.04 by $0.11. The business's revenue was down 12.5% compared to the same quarter last year.
Read the conference call transcript.

Does MGP Ingredients have any subsidiaries?

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

Who are MGP Ingredients' major shareholders?

Top institutional investors of MGP Ingredients include Allspring Global Investments Holdings LLC (0.78%), Peregrine Capital Management LLC (0.63%), Leeward Investments LLC MA (0.32%) and Bank of New York Mellon Corp (0.20%). Insiders that own company stock include Donn S Lux, Luxco 2017 Irrevocable Trust D, S Lux 2005 Irrevocable Tr Ann, Paul S Lux, Caroline Lux Kaplan, David Colo, Karen Seaberg, Brandon Gall, Lori LS Mingus, Cnl 2013 Irrevocable Trust Dat, Caroline L Kaplan Revocable T, Martin Roper and Erika Lapish.
View institutional ownership trends.

How do I buy shares of MGP Ingredients?

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.

What other stocks do shareholders of MGP Ingredients own?

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

• Record date for 3/27 Dividend: 3/13/2026
• Ex-Dividend for 3/27 Dividend: 3/13/2026
• Dividend Payable: 3/27/2026
• Last Earnings: 4/29/2026
• Today: 5/07/2026
• Record date for 5/29 Dividend: 5/15/2026
• Ex-Dividend for 5/29 Dividend: 5/15/2026
• Dividend Payable: 5/29/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Staples
• Industry: BEVERAGES - ALCOH
• Sub-Industry: Wholesale
• Current Symbol: NASDAQ:MGPI
• CIK: 835011
• Web: www.mgpingredients.com
• Phone: (913) 367-1480
• Fax: 913-367-0192
• Employees: 690
• Year Founded: 1941

Price Target and Rating

• Average Price Target for MGP Ingredients: $27.75
• High Price Target: $35.00
• Low Price Target: $20.00
• Potential Upside/Downside: +43.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): ($11.14)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 12.08
• P/E Growth: N/A
• Net Income: -$107.81 million
• Net Margins: -45.70%
• Pretax Margin: -52.31%
• Return on Equity: 7.48%
• Return on Assets: 4.44%

Debt

• Debt-to-Equity Ratio: 0.41
• Current Ratio: 2.74
• Quick Ratio: 0.56

Sales & Book Value

• Annual Sales: $536.38 million
• Price / Sales: 0.77
• Cash Flow: $10.79 per share
• Price / Cash Flow: 1.79
• Book Value: $27.12 per share
• Price / Book: 0.71

Miscellaneous

• Outstanding Shares: 21,370,000
• Free Float: 14,596,000
• Market Cap: $412.87 million
• Optionable: Optionable
• Beta: 0.49