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MGP Ingredients Stock Price, Forecast & Analysis (NASDAQ:MGPI)

$43.48
-0.36 (-0.82 %)
(As of 11/15/2019 02:13 PM ET)
Today's Range
$42.93
Now: $43.48
$43.93
50-Day Range
$42.75
MA: $47.39
$50.47
52-Week Range
$41.68
Now: $43.48
$100.00
Volume2,687 shs
Average Volume195,254 shs
Market Capitalization$740.46 million
P/E Ratio20.04
Dividend Yield0.88%
Beta1.59
MGP Ingredients, Inc, together with its subsidiaries, produces and supplies distilled spirits, and specialty wheat proteins and starch food ingredients. It operates in two segments, Distillery Products and Ingredient Solutions. The Distillery Products segment provides food grade alcohol for beverage applications that include bourbon and rye whiskeys, as well as grain neutral spirits, including vodka and gin; and food grade industrial alcohol, which is used as an ingredient in foods, personal care products, cleaning solutions, pharmaceuticals, and various other products. Read More…

Industry, Sector and Symbol

Industry Beer, wine, & distilled alcoholic beverages
Sub-IndustryN/A
SectorConsumer Staples
Current SymbolNASDAQ:MGPI
CUSIPN/A
Phone913-367-1480

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$376.09 million
Cash Flow$2.73 per share
Book Value$12.89 per share

Profitability

Net Income$37.28 million

Miscellaneous

Employees332
Market Cap$740.46 million
Next Earnings Date2/26/2020 (Estimated)
OptionableOptionable

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MGP Ingredients (NASDAQ:MGPI) Frequently Asked Questions

What is MGP Ingredients' stock symbol?

MGP Ingredients trades on the NASDAQ under the ticker symbol "MGPI."

How often does MGP Ingredients pay dividends? What is the dividend yield for MGP Ingredients?

MGP Ingredients declared a quarterly dividend on Tuesday, October 29th. Shareholders of record on Thursday, November 14th will be given a dividend of $0.10 per share on Tuesday, November 26th. This represents a $0.40 annualized dividend and a yield of 0.92%. The ex-dividend date of this dividend is Wednesday, November 13th. View MGP Ingredients' Dividend History.

How were MGP Ingredients' earnings last quarter?

MGP Ingredients Inc (NASDAQ:MGPI) released its quarterly earnings data on Thursday, October, 31st. The company reported $0.48 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.64 by $0.16. The business earned $90.68 million during the quarter, compared to the consensus estimate of $99.49 million. MGP Ingredients had a net margin of 9.94% and a return on equity of 17.78%. The business's revenue for the quarter was down 4.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.52 earnings per share. View MGP Ingredients' Earnings History.

When is MGP Ingredients' next earnings date?

MGP Ingredients is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for MGP Ingredients.

What guidance has MGP Ingredients issued on next quarter's earnings?

MGP Ingredients updated its FY19 earnings guidance on Thursday, October, 31st. The company provided EPS guidance of $2.55-2.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.60. The company issued revenue guidance of ~$395.0 million, compared to the consensus revenue estimate of $393.56 million.

What price target have analysts set for MGPI?

2 equities research analysts have issued 1-year price targets for MGP Ingredients' stock. Their forecasts range from $90.00 to $100.00. On average, they anticipate MGP Ingredients' share price to reach $95.00 in the next year. This suggests a possible upside of 118.5% from the stock's current price. View Analyst Price Targets for MGP Ingredients.

What is the consensus analysts' recommendation for MGP Ingredients?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MGP Ingredients in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for MGP Ingredients.

Has MGP Ingredients been receiving favorable news coverage?

Headlines about MGPI stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. MGP Ingredients earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for MGP Ingredients.

Who are some of MGP Ingredients' key competitors?

What other stocks do shareholders of MGP Ingredients own?

Based on aggregate information from My MarketBeat watchlists, some companies that other MGP Ingredients investors own include Alibaba Group (BABA), NVIDIA (NVDA), Baozun (BZUN), Adobe (ADBE), DexCom (DXCM), Netflix (NFLX), Starbucks (SBUX), Boeing (BA), Constellation Brands (STZ) and Marvell Technology Group (MRVL).

Who are MGP Ingredients' key executives?

MGP Ingredients' management team includes the folowing people:
  • Mr. Augustus C. Griffin, CEO, Pres & Director (Age 59)
  • Mr. Thomas K. Pigott, VP of Fin. & CFO (Age 54)
  • Mr. David E. Rindom, VP & Chief Admin. Officer (Age 64)
  • Mr. David E. Dykstra, VP of Alcohol Sales & Marketing (Age 56)
  • Dr. Clodualdo Maningat, Chief Science Officer and VP of Ingredients R&D (Age 64)

Who are MGP Ingredients' major shareholders?

MGP Ingredients' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Conestoga Capital Advisors LLC (7.22%), TimesSquare Capital Management LLC (2.34%), Pembroke Management LTD (1.54%), AMI Asset Management Corp (1.35%), Kornitzer Capital Management Inc. KS (1.07%) and Comerica Bank (0.32%). Company insiders that own MGP Ingredients stock include Anthony P Foglio, Augustus C Griffin, Brandon Gall, Daryl Schaller, David E Dykstra, David E Rindom, George W Page Jr, K Pigott Thomas, Karen Seaberg, Michael Rodger Buttshaw and Stephen J Glaser. View Institutional Ownership Trends for MGP Ingredients.

Which institutional investors are selling MGP Ingredients stock?

MGPI stock was sold by a variety of institutional investors in the last quarter, including Pembroke Management LTD, Conestoga Capital Advisors LLC, Russell Investments Group Ltd., Cutler Group LP and SeaCrest Wealth Management LLC. Company insiders that have sold MGP Ingredients company stock in the last year include David E Dykstra and Karen Seaberg. View Insider Buying and Selling for MGP Ingredients.

Which institutional investors are buying MGP Ingredients stock?

MGPI stock was bought by a variety of institutional investors in the last quarter, including Tealwood Asset Management Inc., Kornitzer Capital Management Inc. KS, Comerica Bank, TimesSquare Capital Management LLC, Icon Advisers Inc. Co., Rhumbline Advisers, State of Alaska Department of Revenue and California Public Employees Retirement System. Company insiders that have bought MGP Ingredients stock in the last two years include Anthony P Foglio, Augustus C Griffin, Brandon Gall, George W Page Jr, K Pigott Thomas, Michael Rodger Buttshaw and Stephen J Glaser. View Insider Buying and Selling for MGP Ingredients.

How do I buy shares of MGP Ingredients?

Shares of MGPI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is MGP Ingredients' stock price today?

One share of MGPI stock can currently be purchased for approximately $43.48.

How big of a company is MGP Ingredients?

MGP Ingredients has a market capitalization of $740.46 million and generates $376.09 million in revenue each year. The company earns $37.28 million in net income (profit) each year or $2.17 on an earnings per share basis. MGP Ingredients employs 332 workers across the globe.View Additional Information About MGP Ingredients.

What is MGP Ingredients' official website?

The official website for MGP Ingredients is http://www.mgpingredients.com/.

How can I contact MGP Ingredients?

MGP Ingredients' mailing address is 100 Commercial Street, ATCHISON KS, 66002. The company can be reached via phone at 913-367-1480 or via email at [email protected]


MarketBeat Community Rating for MGP Ingredients (NASDAQ MGPI)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  211 (Vote Outperform)
Underperform Votes:  231 (Vote Underperform)
Total Votes:  442
MarketBeat's community ratings are surveys of what our community members think about MGP Ingredients and other stocks. Vote "Outperform" if you believe MGPI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MGPI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/15/2019 by MarketBeat.com Staff

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