NASDAQ:MGPI - MGP Ingredients Stock Price, Price Target & More

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

MGP Ingredients declared a quarterly dividend on Wednesday, May 2nd. Stockholders of record on Wednesday, May 16th will be given a dividend of $0.08 per share on Friday, June 1st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.36%. The ex-dividend date of this dividend is Tuesday, May 15th. View MGP Ingredients' Dividend History.

MGP Ingredients Inc (NASDAQ:MGPI) released its quarterly earnings results on Wednesday, May, 2nd. The company reported $0.52 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.53 by $0.01. The company had revenue of $88 million for the quarter, compared to the consensus estimate of $92.80 million. MGP Ingredients had a net margin of 11.83% and a return on equity of 18.46%. The business's quarterly revenue was up .9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.50 earnings per share. View MGP Ingredients' Earnings History.

4 Wall Street analysts have issued 12-month target prices for MGP Ingredients' shares. Their predictions range from $73.00 to $105.00. On average, they anticipate MGP Ingredients' stock price to reach $89.00 in the next twelve months. This suggests that the stock has a possible downside of 0.7%. View Analyst Ratings for MGP Ingredients.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MGP Ingredients in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to MGP Ingredients include San Miguel (SMGBY), Post (POST), 51job (JOBS), Square Enix (SQNXF), Glanbia (GLAPY), COCA COLA AMATI/ADR (CCLAY), National Beverage (FIZZ), BRF S.A. common stock (BRFS), Compania Cervecerias Unidas, S.A. Common Stock (CCU), MARINE HARVEST/S (MHGVY), Ollie's Bargain Outlet (OLLI), Pilgrim's Pride (PPC), Spectrum Brands, Inc. Common Stock (SPB), Keurig Dr Pepper (KDP) and Flowers Foods (FLO).

Media headlines about MGPI stock have been trending somewhat negative on Monday, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MGP Ingredients earned a coverage optimism score of -0.01 on Accern's scale. They also assigned news stories about the company an impact score of 45.76 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

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, Scottrade, Fidelity and Charles Schwab.

One share of MGPI stock can currently be purchased for approximately $89.62.

MGP Ingredients has a market capitalization of $1.51 billion and generates $347.45 million in revenue each year. The company earns $41.82 million in net income (profit) each year or $1.87 on an earnings per share basis. MGP Ingredients employs 317 workers across the globe.

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]