MGP Ingredients (MGPI) Stock Price, News & Analysis

Company Overview

MGP Ingredients, Inc. (NASDAQ: MGPI) is a leading supplier of premium distilled spirits and specialty ingredient solutions. The company operates through two primary business segments: Distillery Products and Ingredient Solutions. Through Distillery Products, MGP produces a diverse portfolio of branded and private-label spirits, including bourbon, rye, vodka and gin. Its branded offerings feature names such as 1792 Ridgemont Reserve® and Ross & Squibb®, while its private-label services support a broad range of third-party beverage companies seeking high-quality, consistent spirit bases.

In the Ingredient Solutions segment, MGP leverages its grain-processing expertise to manufacture specialty wheat proteins, wheat starches and wheat flours for use in baked goods, pet food, confectionery, snacks and more. These ingredients are sold to leading global food manufacturers, which rely on the company’s technical support and customized formulations to meet consumer demands for texture, nutrition and clean-label profiles. The segment underscores MGP’s vertically integrated model, from grain sourcing to finished ingredient delivery.

Founded in 1941 as Missouri Grain Products, MGP Ingredients is headquartered in Atchison, Kansas, and maintains production facilities in Kansas and Indiana. Over its eight-decade history, the company has expanded its capabilities through targeted investments in distillation technology, flavor development and protein-fractionation processes. Today, MGP serves both domestic and international markets, exporting premium spirits and ingredient solutions to customers across North America, Europe and Asia.

MGP Ingredients is led by President and Chief Executive Officer Kyle A. Hatlelid, who has overseen strategic growth initiatives since his appointment in 2018. Supported by a senior management team and board of directors, the company continues to pursue innovation in product development, sustainability and operational efficiency, positioning itself for long-term value creation in the distilled spirits and specialty ingredients industries.

Key Stats

• Today's Range: $31.24 to $32.71
• 50-Day Range: $27.43 to $34.82
• 52-Week Range: $25.12 to $92.52
• Volume: 280,213 shs
• Average Volume: 354,920 shs
• Market Capitalization: $672.03 million
• P/E Ratio: 70.29
• Dividend Yield: 1.52%
• Price Target: $50.33
• Consensus Rating: Moderate Buy

MGP Ingredients Stock Analysis - MarketRank™

MGP Ingredients scored higher than 89% of companies evaluated by MarketBeat, and ranked 27th out of 142 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

MGP Ingredients has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

MGP Ingredients has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: -38.67%

Earnings Growth

Earnings for MGP Ingredients are expected to decrease by -38.67% in the coming year, from $5.56 to $3.41 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of MGP Ingredients is 69.69, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.86.

Price to Earnings Ratio vs. Sector

The P/E ratio of MGP Ingredients is 69.69, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 19.81.

Price to Book Value per Share Ratio

MGP Ingredients has a P/B Ratio of 0.83. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

9.69% of the float of MGP Ingredients has been sold short.

Short Interest Ratio / Days to Cover

MGP Ingredients has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in MGP Ingredients has recently increased by 7.14%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

MGP Ingredients pays a meaningful dividend of 1.47%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

MGP Ingredients does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of MGP Ingredients is 106.67%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, MGP Ingredients will have a dividend payout ratio of 14.08% next year. This indicates that MGP Ingredients will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 1.4 / 5
• Environmental Score: -1.21

Percentage of Shares Shorted

9.69% of the float of MGP Ingredients has been sold short.

Short Interest Ratio / Days to Cover

MGP Ingredients has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in MGP Ingredients has recently increased by 7.14%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: N/A

News Sentiment

MGP Ingredients has a news sentiment score of 1.73. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.69 average news sentiment score of Consumer Staples companies.

Company Ownership

• Score: 5.0 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, MGP Ingredients insiders have bought 4,518.60% more of their company's stock than they have sold. Specifically, they have bought $496,500.00 in company stock and sold $10,750.00 in company stock.

Percentage Held by Insiders

34.40% of the stock of MGP Ingredients is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

77.11% of the stock of MGP Ingredients is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MGPI Stock Analysis - Frequently Asked Questions

How have MGPI shares performed this year?

MGP Ingredients' stock was trading at $39.37 on January 1st, 2025. Since then, MGPI shares have decreased by 20.3% and is now trading at $31.36.

How were MGP Ingredients' earnings last quarter?

MGP Ingredients, Inc. (NASDAQ:MGPI) announced its quarterly earnings results on Thursday, May, 1st. The company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.31 by $0.05. The company's revenue for the quarter was down 28.7% compared to the same quarter last year.
Read the conference call transcript.

Does MGP Ingredients have any subsidiaries?

The following companies are subsidiaries of MGP Ingredients: New Columbia Distillers, MGP Distilling LLC, MGPI of Indiana LLC, and MGPI Processing Inc..

How do I buy shares of MGP Ingredients?

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

What other stocks do shareholders of MGP Ingredients own?

Based on aggregate information from My MarketBeat watchlists, some other companies that MGP Ingredients investors own include American Water Works (AWK), Waste Connections (WCN), DiamondRock Hospitality (DRH), AU Optronics (AUOTY), The RMR Group (RMR), Humana (HUM) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 5/01/2025
• Record date for 5/30 Dividend: 5/16/2025
• Ex-Dividend for 5/30 Dividend: 5/16/2025
• Dividend Payable: 5/30/2025
• Today: 7/08/2025
• Next Earnings (Estimated): 7/30/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Staples
• Industry: BEVERAGES - ALCOH
• Sub-Industry: Wholesale
• Current Symbol: NASDAQ:MGPI
• CIK: 835011
• Web: www.mgpingredients.com
• Phone: (913) 367-1480
• Fax: 913-367-0192
• Employees: 690
• Year Founded: 1941

Price Target and Rating

• Average Stock Price Target: $50.33
• High Stock Price Target: $75.00
• Low Stock Price Target: $35.00
• Potential Upside/Downside: +60.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.80
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.45
• Trailing P/E Ratio: 69.69
• Forward P/E Ratio: 5.64
• P/E Growth: N/A
• Net Income: $34.66 million
• Net Margins: 1.66%
• Pretax Margin: 5.99%
• Return on Equity: 12.48%
• Return on Assets: 7.64%

Debt

• Debt-to-Equity Ratio: 0.35
• Current Ratio: 2.83
• Quick Ratio: 0.76

Sales & Book Value

• Annual Sales: $703.62 million
• Price / Sales: 0.95
• Cash Flow: $9.65 per share
• Price / Cash Flow: 3.25
• Book Value: $37.92 per share
• Price / Book: 0.83

Miscellaneous

• Outstanding Shares: 21,270,000
• Free Float: 13,954,000
• Market Cap: $667.03 million
• Optionable: Optionable
• Beta: 0.32