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.
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Industry, Sector and Symbol
Industry Beer, wine, & distilled alcoholic beverages
Sub-IndustryN/A
SectorConsumer Staples
Phone913-367-1480
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$376.09 million
Profitability
Miscellaneous
Employees332
Next Earnings Date11/7/2019 (Estimated)
OptionableOptionable
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 Monday, July 29th. Shareholders of record on Wednesday, August 14th will be paid a dividend of $0.10 per share on Friday, August 30th. This represents a $0.40 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date is Tuesday, August 13th. View MGP Ingredients' Dividend History.
How were MGP Ingredients' earnings last quarter?
MGP Ingredients Inc (NASDAQ:MGPI) announced its quarterly earnings data on Wednesday, July, 31st. The company reported $0.46 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.52 by $0.06. The company had revenue of $90.50 million for the quarter, compared to the consensus estimate of $91.54 million. MGP Ingredients had a net margin of 10.00% and a return on equity of 18.75%. MGP Ingredients's revenue for the quarter was up 2.5% on a year-over-year basis. During the same period last year, the business posted $0.44 earnings per share. View MGP Ingredients' Earnings History.
When is MGP Ingredients' next earnings date?
What guidance has MGP Ingredients issued on next quarter's earnings?
MGP Ingredients issued an update on its FY19 earnings guidance on Wednesday, July, 31st. The company provided EPS guidance of $2.55-2.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.62.
What price target have analysts set for MGPI?
2 brokers have issued 12 month price targets for MGP Ingredients' shares. Their predictions range from $90.00 to $100.00. On average, they expect MGP Ingredients' share price to reach $95.00 in the next year. This suggests a possible upside of 104.1% 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?
News headlines about MGPI stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. MGP Ingredients earned a coverage optimism score of -1.9 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for MGP Ingredients.
Who are some of MGP Ingredients' key competitors?
Some companies that are related to MGP Ingredients include Darling Ingredients (DAR), Embotelladora Andina SA ADR Series B (AKO.B), TreeHouse Foods (THS), Coca-Cola Consolidated (COKE), Energizer (ENR), Embotelladora Andina SA ADR Series A (AKO.A), Industrias Bachoco (IBA), JOHN WILEY & SONS -CL A (JW.A), WD-40 (WDFC), John Wiley & Sons (JW.B), Nu Skin Enterprises (NUS), Tootsie Roll Industries (TR), Hain Celestial Group (HAIN), National Beverage (FIZZ) and Inter Parfums (IPAR).
What other stocks do shareholders of MGP Ingredients own?
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 investors include SeaCrest Wealth Management LLC (0.07%) and State of Alaska Department of Revenue (0.06%). 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 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 purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. 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 $46.54.
How big of a company is MGP Ingredients?
MGP Ingredients has a market capitalization of $792.34 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?
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)
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.
