Roth Capital Lowers Earnings Estimates for MGP Ingredients

MGP Ingredients, Inc. (NASDAQ:MGPI - Free Report) - Research analysts at Roth Capital decreased their Q3 2025 earnings per share estimates for MGP Ingredients in a note issued to investors on Friday, May 2nd. Roth Capital analyst S. Mcgowan now expects that the company will earn $0.57 per share for the quarter, down from their previous estimate of $0.64. 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 $0.68 EPS, FY2025 earnings at $2.20 EPS, Q2 2026 earnings at $0.69 EPS, Q1 2027 earnings at $0.56 EPS and FY2027 earnings at $3.19 EPS.

MGP Ingredients (NASDAQ:MGPI - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.36 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.31 by $0.05. The company had revenue of $121.65 million during the quarter, compared to the consensus estimate of $119.14 million. MGP Ingredients had a net margin of 14.44% and a return on equity of 14.39%. The company's revenue for the quarter was down 28.7% on a year-over-year basis. During the same period last year, the firm earned $1.07 EPS.

Several other analysts also recently issued reports on MGPI. Lake Street Capital upgraded MGP Ingredients from a "hold" rating to a "buy" rating and reduced their price objective for the company from $55.00 to $45.00 in a research report on Thursday, February 27th. StockNews.com upgraded MGP Ingredients from a "sell" rating to a "hold" rating in a report on Friday. Wells Fargo & Company cut their price target on shares of MGP Ingredients from $40.00 to $37.00 and set an "overweight" rating on the stock in a report on Wednesday, April 2nd. Finally, Truist Financial reduced their price objective on MGP Ingredients from $40.00 to $35.00 and set a "buy" rating on the stock in a research note on Thursday, April 24th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $50.33.

MGP Ingredients Price Performance

NASDAQ MGPI traded up $0.09 during trading hours on Monday, reaching $32.11. The company's stock had a trading volume of 466,556 shares, compared to its average volume of 333,192. The company's 50-day moving average is $29.72 and its two-hundred day moving average is $37.58. The stock has a market cap of $682.98 million, a PE ratio of 6.68 and a beta of 0.32. MGP Ingredients has a fifty-two week low of $25.12 and a fifty-two week high of $92.52. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.94 and a current ratio of 6.46.

MGP Ingredients Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Friday, May 16th will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 1.49%. The ex-dividend date is Friday, May 16th. MGP Ingredients's payout ratio is currently 106.67%.

Insider Buying and Selling at MGP Ingredients

In other MGP Ingredients news, Director Karen Seaberg purchased 5,348 shares of the firm's stock in a transaction dated Tuesday, March 11th. The stock was acquired at an average cost of $32.59 per share, with a total value of $174,291.32. Following the acquisition, the director now owns 358,899 shares of the company's stock, valued at approximately $11,696,518.41. This represents a 1.51 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Insiders have sold 29,417 shares of company stock worth $905,556 over the last quarter. 36.20% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of MGPI. GAMMA Investing LLC raised its position in MGP Ingredients by 162.0% in the fourth quarter. GAMMA Investing LLC now owns 697 shares of the company's stock worth $27,000 after acquiring an additional 431 shares in the last quarter. Versant Capital Management Inc lifted its holdings in shares of MGP Ingredients by 192.5% in the fourth quarter. Versant Capital Management Inc now owns 699 shares of the company's stock valued at $28,000 after purchasing an additional 460 shares in the last quarter. Penserra Capital Management LLC boosted its position in MGP Ingredients by 333.3% during the 1st quarter. Penserra Capital Management LLC now owns 897 shares of the company's stock worth $26,000 after acquiring an additional 690 shares during the period. Quarry LP acquired a new stake in shares of MGP Ingredients during the fourth quarter worth approximately $75,000. Finally, PNC Financial Services Group Inc. grew its holdings in shares of MGP Ingredients by 56.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,913 shares of the company's stock valued at $75,000 after acquiring an additional 687 shares in the last quarter. 77.11% of the stock is owned by institutional investors and hedge funds.

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.