Log in

NASDAQ:MGPI - MGP Ingredients Stock Price, Forecast & News

$38.33
-0.72 (-1.84 %)
(As of 01/23/2020 03:16 AM ET)
Today's Range
$38.12
Now: $38.33
$39.46
50-Day Range
$38.18
MA: $46.99
$52.76
52-Week Range
$36.14
Now: $38.33
$100.00
Volume277,600 shs
Average Volume335,529 shs
Market Capitalization$652.64 million
P/E Ratio17.42
Dividend Yield1.02%
Beta1.56
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$2.85 per share
Book Value$11.95 per share

Profitability

Net Income$37.28 million

Miscellaneous

Employees332
Market Cap$652.64 million
Next Earnings Date2/26/2020 (Confirmed)
OptionableOptionable

Receive MGPI News and Ratings via Email

Sign-up to receive the latest news and ratings for MGPI and its competitors with MarketBeat's FREE daily newsletter.


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. Investors 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 1.04%. The ex-dividend date is Wednesday, November 13th. View MGP Ingredients' Dividend History.

How were MGP Ingredients' earnings last quarter?

MGP Ingredients Inc (NASDAQ:MGPI) announced its quarterly earnings data on Thursday, October, 31st. The company reported $0.48 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.64 by $0.16. The firm earned $90.68 million during the quarter, compared to analyst estimates of $99.49 million. MGP Ingredients had a return on equity of 17.78% and a net margin of 9.94%. The firm's quarterly revenue was down 4.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.52 EPS. 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 issued an update on its FY 2019 Pre-Market earnings guidance on Friday, January, 17th. The company provided earnings per share guidance of 2.20-2.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.57. The company issued revenue guidance of $362-362 million, compared to the consensus revenue estimate of $391.17 million.

What price target have analysts set for MGPI?

2 brokerages have issued 12-month price objectives for MGP Ingredients' stock. Their forecasts range from $40.00 to $55.00. On average, they anticipate MGP Ingredients' share price to reach $47.50 in the next year. This suggests a possible upside of 23.9% 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 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for MGP Ingredients.

Has MGP Ingredients been receiving favorable news coverage?

Headlines about MGPI stock have trended very negative on Thursday, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. MGP Ingredients earned a coverage optimism score of -3.0 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely 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?

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), Baozun (BZUN), NVIDIA (NVDA), Marvell Technology Group (MRVL), Netflix (NFLX), Canopy Growth (CGC), Constellation Brands (STZ), Adobe (ADBE), Baidu (BIDU) and DexCom (DXCM).

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 many different of institutional and retail investors. Top institutional shareholders include Tealwood Asset Management Inc. (0.21%), Diversified Trust Co (0.04%), Louisiana State Employees Retirement System (0.03%), AdvisorShares Investments LLC (0.03%), Nisa Investment Advisors LLC (0.01%) and FNY Investment Advisers LLC (0.01%). 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 major investors are selling MGP Ingredients stock?

MGPI stock was sold by a variety of institutional investors in the last quarter, including Tealwood Asset Management Inc. and Louisiana State Employees Retirement System. 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 major investors are buying MGP Ingredients stock?

MGPI stock was purchased by a variety of institutional investors in the last quarter, including AdvisorShares Investments LLC, Diversified Trust Co, FNY Investment Advisers LLC and Nisa Investment Advisors LLC. 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 $38.33.

How big of a company is MGP Ingredients?

MGP Ingredients has a market capitalization of $652.64 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:  227 (Vote Outperform)
Underperform Votes:  251 (Vote Underperform)
Total Votes:  478
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 1/23/2020 by MarketBeat.com Staff

Featured Article: What are no-load funds?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel