MGP Ingredients Company Profile (NASDAQ:MGPI)

About MGP Ingredients

MGP Ingredients logoMGP Ingredients, Inc. is a holding company. The Company's principal operating subsidiaries are MGPI Processing, Inc. and MGPI of Indiana, LLC (MGPI-I). The Company produces and supplies distilled spirits, and wheat proteins and starches. The Company's distilled spirits include bourbon and rye whiskeys, and grain neutral spirits, including vodka and gin. The Company also produces industrial alcohol for use in both food and non-food applications. Its distillery products are derived from corn and other grains, including rye, barley, wheat, barley malt and milo. The Company operates through two segments: distillery products and ingredient solutions. Its distillery products segment consists of food grade alcohol and co-products of its distillery operations, including distillers feed, fuel grade alcohol and corn oil. Its ingredient solutions segment consists of specialty wheat starches, specialty wheat proteins, commodity wheat starch and commodity wheat protein or vital wheat gluten.

Industry, Sector and Symbol:
  • Sector: Consumer Staples
  • Industry: Processed & Packaged Goods
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: MGPI
  • CUSIP:
Key Metrics:
  • Previous Close: $40.56
  • 50 Day Moving Average: $37.83
  • 200 Day Moving Average: $32.68
  • 52-Week Range: $15.50 - $44.25
  • Trailing P/E Ratio: 26.49
  • Foreward P/E Ratio: 22.53
  • P/E Growth: 1.71
  • Market Cap: $677.23M
  • Outstanding Shares: 16,697,000
  • Beta: 1.57
Profitability:
  • Net Margins: 8.34%
  • Return on Equity: 22.26%
  • Return on Assets: 13.37%
Debt:
  • Debt-to-Equity Ratio: 0.29%
  • Current Ratio: 3.03%
  • Quick Ratio: 1.02%
Additional Links:
Companies Related to MGP Ingredients:

Analyst Ratings

Consensus Ratings for MGP Ingredients (NASDAQ:MGPI) (?)
Ratings Breakdown: 2 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $46.00 (13.41% upside)

Analysts' Ratings History for MGP Ingredients (NASDAQ:MGPI)
Show:
DateFirmActionRatingPrice TargetDetails
6/23/2016SunTrust Banks Inc.Initiated CoverageBuy$50.00View Rating Details
5/25/2016Craig HallumInitiated CoverageBuy$42.00View Rating Details
(Data available from 9/25/2014 forward)

Earnings

Earnings History for MGP Ingredients (NASDAQ:MGPI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/3/2016        
8/3/2016Q2$0.40$0.37$92.07 million$82.17 millionViewN/AView Earnings Details
3/10/2016Q415$0.38$83.90 million$85.07 millionViewN/AView Earnings Details
8/6/2015Q215$0.44$85.90 million$92.07 millionViewN/AView Earnings Details
5/7/2015Q115$0.28ViewN/AView Earnings Details
3/12/2014Q413($0.02)$86.35 million$80.94 millionViewN/AView Earnings Details
11/11/2013Q3($0.37)ViewN/AView Earnings Details
8/5/2013Q213$0.02$87.26 million$83.71 millionViewN/AView Earnings Details
5/6/2013Q1 2014$0.08$86.34 million$86.40 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for MGP Ingredients (NASDAQ:MGPI)
Current Year EPS Consensus Estimate: $1.58 EPS
Next Year EPS Consensus Estimate: $1.8 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20161$0.41$0.41$0.41
Q3 20161$0.37$0.37$0.37
Q4 20161$0.44$0.44$0.44
Q1 20171$0.46$0.46$0.46
Q2 20172$0.39$0.43$0.41
Q3 20172$0.30$0.53$0.42
Q4 20171$0.56$0.56$0.56
Q2 20181$0.44$0.44$0.44
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for MGP Ingredients (NASDAQ:MGPI)
Annual Dividend:$0.08
Dividend Yield:0.20%
Payout Ratio:5.19% (Based on Trailing 12 Months of Earnings)
5.06% (Based on Current Year Consensus EPS Estimate)
4.44% (Based on Next Year Consensus EPS Estimate)

Dividend History for MGP Ingredients (NASDAQ:MGPI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/3/2016quarterly$0.020.23%8/11/20168/15/20169/8/2016
3/10/2016annual$0.080.36%3/17/20163/21/20164/14/2016
3/13/2015annual$0.060.39%3/24/20153/26/20154/21/2015
3/5/2014quarterly$0.050.84%3/13/20143/17/20144/9/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for MGP Ingredients (NASDAQ:MGPI)
Insider Ownership Percentage: 29.50%
Institutional Ownership Percentage: 51.38%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/16/2016David E RindomVPSell7,323$40.04$293,212.92View SEC Filing  
9/14/2016David E RindomVPSell600$40.75$24,450.00View SEC Filing  
9/9/2016Augustus C GriffinInsiderBuy3,000$38.42$115,260.00View SEC Filing  
9/6/2016David E RindomVPSell14,435$40.62$586,349.70View SEC Filing  
9/2/2016David E RindomVPSell4,277$40.39$172,748.03View SEC Filing  
9/1/2016David E RindomVPSell5,000$40.25$201,250.00View SEC Filing  
8/30/2016Stephen J. GlaserVPSell5,187$40.08$207,894.96View SEC Filing  
3/14/2016John P BridendallDirectorBuy5,000$21.95$109,750.00View SEC Filing  
12/17/2015Augustus C GriffinCEOBuy3,000$24.14$72,420.00View SEC Filing  
12/7/2015Stephen J GlaserVPSell44$22.48$989.12View SEC Filing  
11/23/2015K. Pigott ThomasCFOBuy2,500$18.60$46,500.00View SEC Filing  
8/25/2015M Jeannine StrandjordDirectorBuy5,000$14.93$74,650.00View SEC Filing  
6/25/2015George W Page JrDirectorBuy2,000$16.50$33,000.00View SEC Filing  
6/5/2015Augustus C GriffinCEOBuy5,000$17.17$85,850.00View SEC Filing  
12/16/2014Augustus C GriffinCEOBuy9,000$15.95$143,550.00View SEC Filing  
11/18/2014M Jeannine StrandjordDirectorBuy5,000$12.37$61,850.00View SEC Filing  
11/17/2014Augustus C GriffinCEOBuy2,000$12.33$24,660.00View SEC Filing  
11/17/2014John P BridendallDirectorBuy20,000$12.48$249,600.00View SEC Filing  
9/15/2014George W Page JrDirectorBuy4,000$10.59$42,360.00View SEC Filing  
9/12/2014Augustus C GriffinCEOBuy2,400$12.26$29,424.00View SEC Filing  
8/19/2014George W Page JrDirectorBuy1,500$11.34$17,010.00View SEC Filing  
8/14/2014George W Page JrDirectorBuy1,000$9.35$9,350.00View SEC Filing  
8/13/2014Anthony P FoglioDirectorBuy5,000$9.71$48,550.00View SEC Filing  
8/12/2014George W Page JrDirectorBuy2,500$9.11$22,775.00View SEC Filing  
5/27/2014Terrence P DunnDirectorBuy25,000$6.70$167,500.00View SEC Filing  
5/13/2014John P BridendallDirectorBuy22,100$5.75$127,075.00View SEC Filing  
3/17/2014M Jeannine StrandjordDirectorBuy5,000$6.14$30,700.00View SEC Filing  
12/6/2013Michael BraudeDirectorSell60,121$5.29$318,040.09View SEC Filing  
12/12/2012Karen SeabergDirectorSell3,910$3.41$13,333.10View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for MGP Ingredients (NASDAQ:MGPI)
DateHeadline
fidaily.com logoMGP Ingredients, Inc. (NASDAQ:MGPI) Trading Up – Insiders Are Buying and Selling (NASDAQ:MGPI)
www.fidaily.com - September 21 at 5:49 PM
streetinsider.com logoForm 4 MGP INGREDIENTS INC For: Sep 14 Filed by: RINDOM DAVID E (NASDAQ:MGPI)
www.streetinsider.com - September 17 at 5:46 PM
fidaily.com logoInsiders Are Buying and Selling – MGP Ingredients, Inc. (NASDAQ:MGPI) (NASDAQ:MGPI)
www.fidaily.com - September 15 at 9:18 PM
finance.yahoo.com logoNew Study Further Indicates Health-Promoting Capabilities of MGP’s Fibersym® RW Resistant Wheat Starch (NASDAQ:MGPI)
finance.yahoo.com - September 15 at 4:08 PM
capitalcube.com logoMGP Ingredients, Inc. – Value Analysis (NASDAQ:MGPI) : September 14, 2016 (NASDAQ:MGPI)
www.capitalcube.com - September 14 at 6:15 PM
finance.yahoo.com logoMgp Ingredients Inc (MGPI) President and CEO Augustus C. Griffin Bought $115,260 of Shares (NASDAQ:MGPI)
finance.yahoo.com - September 14 at 10:25 AM
capitalcube.com logoMGP Ingredients, Inc. breached its 50 day moving average in a Bullish Manner : MGPI-US : September 13, 2016 (NASDAQ:MGPI)
www.capitalcube.com - September 13 at 10:57 AM
streetinsider.com logoForm 4 MGP INGREDIENTS INC For: Aug 30 Filed by: Glaser Stephen J (NASDAQ:MGPI)
www.streetinsider.com - September 2 at 10:59 AM
capitalcube.com logoETF’s with exposure to MGP Ingredients, Inc. : August 29, 2016 (NASDAQ:MGPI)
www.capitalcube.com - August 29 at 6:02 PM
capitalcube.com logoMGP Ingredients, Inc. breached its 50 day moving average in a Bullish Manner : MGPI-US : August 26, 2016 (NASDAQ:MGPI)
www.capitalcube.com - August 26 at 9:09 AM
capitalcube.com logoETF’s with exposure to MGP Ingredients, Inc. : August 18, 2016 (NASDAQ:MGPI)
www.capitalcube.com - August 19 at 9:11 AM
finance.yahoo.com logoWill J.M. Smucker's (SJM) Q1 Earnings Surpass Estimates? (NASDAQ:MGPI)
finance.yahoo.com - August 17 at 9:17 AM
capitalcube.com logoETF’s with exposure to MGP Ingredients, Inc. : August 5, 2016 (NASDAQ:MGPI)
www.capitalcube.com - August 5 at 6:21 PM
nasdaq.com logoMGP Ingredients Board Initiates Quarterly Dividend Policy (NASDAQ:MGPI)
www.nasdaq.com - August 4 at 6:30 PM
finance.yahoo.com logoMGP’s Fibersym® RW Reduces Risk Factors Associated with Metabolic Syndrome (NASDAQ:MGPI)
finance.yahoo.com - August 4 at 6:30 PM
publicnow.com logoMGP's Fibersym® RW Reduces Risk Factors Associated with Metabolic Syndrome (NASDAQ:MGPI)
www.publicnow.com - August 4 at 6:30 PM
capitalcube.com logoMGP Ingredients, Inc. breached its 50 day moving average in a Bearish Manner : MGPI-US : August 4, 2016 (NASDAQ:MGPI)
www.capitalcube.com - August 4 at 9:18 AM
streetinsider.com logoForm 10-Q MGP INGREDIENTS INC For: Jun 30 (NASDAQ:MGPI)
www.streetinsider.com - August 3 at 6:30 PM
twst.com logoMGP Ingredients Inc.: MGP Ingredients Reports Second Quarter Results (NASDAQ:MGPI)
www.twst.com - August 3 at 6:30 PM
finance.yahoo.com logoMGP Ingredients Reports Second Quarter Results (NASDAQ:MGPI)
finance.yahoo.com - August 3 at 6:30 PM
sg.finance.yahoo.com logoMGP posts 2Q profit (NASDAQ:MGPI)
sg.finance.yahoo.com - August 3 at 9:27 AM
breakingfinancenews.com logoSuntrust Robinson disclosed (NASDAQ:MGPI) MGP Ingredients, retaining its stock price target to $0 today (NASDAQ:MGPI)
breakingfinancenews.com - June 26 at 10:49 AM
fxpips.com logoWholesale Trade Stocks: Winners & Losers (NASDAQ:MGPI)
www.fxpips.com - June 24 at 8:48 AM
nasdaq.com logoMGP Ingredients Inc. (MGPI) Has Broken Out To A New High For The Year (NASDAQ:MGPI)
www.nasdaq.com - June 24 at 8:48 AM
rttnews.com logoMGP Ingredients Inc. (MGPI) Jumped To A New High For The Year (NASDAQ:MGPI)
www.rttnews.com - June 24 at 8:48 AM
finance.yahoo.com logo12:17 pm MGP Ingredients announces its Fibersym RW resistant wheat starch meets the criteria for the FDA's new definition of dietary fiber (NASDAQ:MGPI)
finance.yahoo.com - June 21 at 12:17 PM
finance.yahoo.com logoMGP’s Fibersym® RW Resistant Wheat Starch Meets Criteria for FDA’s New Definition of Dietary Fiber (NASDAQ:MGPI)
finance.yahoo.com - June 21 at 12:16 PM
capitalcube.com logoMGP Ingredients, Inc.: Leads amongst peers with strong fundamentals (NASDAQ:MGPI)
www.capitalcube.com - May 26 at 4:34 PM
finance.yahoo.com logoCoverage initiated on MGP Ingredients by Craig Hallum (NASDAQ:MGPI)
finance.yahoo.com - May 25 at 7:34 AM
biz.yahoo.com logoMGP INGREDIENTS INC Files SEC form 8-K, Change in Directors or Principal Officers, Submission of Matters to a Vote of (NASDAQ:MGPI)
biz.yahoo.com - May 20 at 4:03 PM
publicnow.com logoMGP Ingredients Announces Greg Metze is Departing Company after 38 Years of Service (NASDAQ:MGPI)
www.publicnow.com - May 20 at 10:33 AM
publicnow.com logoMGP Announces Results of Annual Shareholders' Meeting (NASDAQ:MGPI)
www.publicnow.com - May 19 at 3:22 PM
finance.yahoo.com logoMGP Announces Results of Annual Shareholders’ Meeting (NASDAQ:MGPI)
finance.yahoo.com - May 19 at 3:00 PM
capitalcube.com logoMGP Ingredients, Inc. :MGPI-US: Earnings Analysis: Q1, 2016 By the Numbers (NASDAQ:MGPI)
www.capitalcube.com - May 17 at 3:16 PM
publicnow.com logoMGP Ingredients to Webcast Annual Meeting May 19, 2016 (NASDAQ:MGPI)
www.publicnow.com - May 12 at 5:27 PM
sg.finance.yahoo.com logoMGP posts 1Q profit (NASDAQ:MGPI)
sg.finance.yahoo.com - May 4 at 7:58 AM
publicnow.com logoMGP Ingredients Reports Strong First Quarter Profitability (NASDAQ:MGPI)
www.publicnow.com - May 4 at 7:50 AM
biz.yahoo.com logoMGP INGREDIENTS INC Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure, Fina (NASDAQ:MGPI)
biz.yahoo.com - May 4 at 7:31 AM
capitalcube.com logoMGP Ingredients, Inc. breached its 50 day moving average in a Bearish Manner : MGPI-US : March 11, 2016 (NASDAQ:MGPI)
www.capitalcube.com - March 11 at 8:05 AM
sg.finance.yahoo.com logoMGP posts 4Q profit (NASDAQ:MGPI)
sg.finance.yahoo.com - March 10 at 7:59 AM
finance.yahoo.com logoMGP Ingredients Board Declares $0.08 Annual Dividend (NASDAQ:MGPI)
finance.yahoo.com - March 10 at 7:50 AM
finance.yahoo.com logoMGP Ingredients Reports Strong Fourth Quarter and Full Year 2015 Results (NASDAQ:MGPI)
finance.yahoo.com - March 10 at 7:30 AM
capitalcube.com logoMGP Ingredients, Inc. breached its 50 day moving average in a Bullish Manner : February 15, 2016 (NASDAQ:MGPI)
www.capitalcube.com - February 15 at 8:11 AM
capitalcube.com logoMGP Ingredients, Inc. breached its 50 day moving average in a Bullish Manner : February 1, 2016 (NASDAQ:MGPI)
www.capitalcube.com - February 1 at 8:26 AM
capitalcube.com logoMGP Ingredients, Inc. – Value Analysis (NASDAQ:MGPI) : January 19, 2016 (NASDAQ:MGPI)
www.capitalcube.com - January 19 at 12:16 PM
noodls.com logoMGP Celebrates 75th Anniversary in 2016 (NASDAQ:MGPI)
www.noodls.com - January 19 at 10:25 AM
capitalcube.com logoMGP Ingredients, Inc. breached its 50 day moving average in a Bearish Manner : January 18, 2016 (NASDAQ:MGPI)
www.capitalcube.com - January 18 at 8:07 AM
biz.yahoo.com logoMGP INGREDIENTS INC Files SEC form 8-K, Other Events (NASDAQ:MGPI)
biz.yahoo.com - December 15 at 8:04 AM
finance.yahoo.com logoMGP INGREDIENTS INC Financials (NASDAQ:MGPI)
finance.yahoo.com - December 8 at 1:17 PM
finance.yahoo.com logoWeekly CFO Buys Highlight: MGP Ingredients, WellCare Health Plans, 1-800 Flowers.com Inc. (NASDAQ:MGPI)
finance.yahoo.com - December 5 at 3:57 PM

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MGP Ingredients (NASDAQ:MGPI) Chart for Sunday, September, 25, 2016


Last Updated on 9/25/2016 by MarketBeat.com Staff