MGP Ingredients (MGPI) News Today

MGP Ingredients, Inc. (NASDAQ:MGPI - Free Report) - Research analysts at Roth Capital cut their Q1 2025 earnings per share estimates for MGP Ingredients in a research report issued to clients and investors on Wednesday, July 24th. Roth Capital analyst S. Mcgowan now expects that the company will

Roth Mkm restated a "buy" rating and issued a $92.00 target price on shares of MGP Ingredients in a report on Thursday.

MGP Ingredients (NASDAQ:MGPI) will be releasing earnings before the market opens on Thursday, August 1, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=610345)

Scout Investments Inc. lifted its stake in shares of MGP Ingredients, Inc. (NASDAQ:MGPI - Free Report) by 30.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 85,820 shares of the company's stock after buying an additional 20,

MGP Ingredients (NASDAQ:MGPI) Trading 4.3% Higher

Quantbot Technologies LP lowered its position in MGP Ingredients, Inc. (NASDAQ:MGPI - Free Report) by 53.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,281 shares of the company's s

Mutual of America Capital Management LLC increased its position in shares of MGP Ingredients, Inc. (NASDAQ:MGPI - Free Report) by 239.2% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 64,557 shares of the

MGP Ingredients (NASDAQ:MGPI) Hits New 52-Week Low at $70.06

Allspring Global Investments Holdings LLC lowered its stake in shares of MGP Ingredients, Inc. (NASDAQ:MGPI - Free Report) by 86.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,913 shares of the company's stock a

Vanguard Group Inc. grew its position in shares of MGP Ingredients, Inc. (NASDAQ:MGPI - Free Report) by 2.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,126,323 shares of the company's stock afte

Congress Wealth Management LLC DE lifted its position in shares of MGP Ingredients, Inc. (NASDAQ:MGPI - Free Report) by 41.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 50,263 shares of th

Congress Asset Management Co. MA boosted its stake in shares of MGP Ingredients, Inc. (NASDAQ:MGPI - Free Report) by 21.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 387,003 shares of the

Confluence Investment Management LLC acquired a new stake in shares of MGP Ingredients, Inc. (NASDAQ:MGPI - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 35,128 shares of the com

Kingdon Capital Management L.L.C. grew its position in shares of MGP Ingredients, Inc. (NASDAQ:MGPI - Free Report) by 34.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 55,000 shares of the company's stock after purchasi

Congress Asset Management Co. MA boosted its stake in shares of MGP Ingredients, Inc. (NASDAQ:MGPI - Free Report) by 14.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 318,053 shares of the company's

Southernsun Asset Management LLC raised its position in MGP Ingredients, Inc. (NASDAQ:MGPI - Free Report) by 8.9% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 470,661 shares of the company's stock after acquiring an additional 38,404 shares during the

Scout Investments Inc. bought a new position in MGP Ingredients, Inc. (NASDAQ:MGPI - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 65,747 shares of the company's stock, valued at approximately $6,477,000. Scout Investme

MGP Ingredients (NASDAQ:MGPI) Sets New 1-Year Low at $74.20

Alberta Investment Management Corp reduced its position in MGP Ingredients, Inc. (NASDAQ:MGPI - Free Report) by 61.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 7,028 shares of the company's stock after selling 11,064 shares during the period. Alberta Inves

Stephens Investment Management Group LLC increased its position in MGP Ingredients, Inc. (NASDAQ:MGPI - Free Report) by 1.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 888,850 shares of the company's stock after purchasing an addit

Dimensional Fund Advisors LP lifted its position in shares of MGP Ingredients, Inc. (NASDAQ:MGPI - Free Report) by 2.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 698,346 shares of the company's stock after purchasing an additional 17,967 shares duri

MGP Ingredients (NASDAQ:MGPI) Hits New 52-Week Low After Insider Selling

MGP Ingredients, Inc. (NASDAQ:MGPI - Get Free Report) Director Lori L.S. Mingus sold 2,430 shares of the company's stock in a transaction that occurred on Wednesday, May 22nd. The stock was sold at an average price of $78.88, for a total transaction of $191,678.40. Following the completion of the sale, the director now directly owns 47,287 shares of the company's stock, valued at $3,729,998.56. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

MGP Ingredients, Inc. (NASDAQ:MGPI - Get Free Report) Director Donn S. Lux sold 10,000 shares of MGP Ingredients stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $83.00, for a total value of $830,000.00. Following the sale, the director now directly owns 2,695,264 shares of the company's stock, valued at approximately $223,706,912. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

MGP Ingredients (NASDAQ:MGPI - Get Free Report) issued its quarterly earnings results on Thursday. The company reported $1.07 earnings per share for the quarter, beating analysts' consensus estimates of $1.00 by $0.07. MGP Ingredients had a return on equity of 16.03% and a net margin of 12.72%. The business had revenue of $170.56 million during the quarter, compared to the consensus estimate of $170.31 million. During the same period in the previous year, the business earned $1.39 EPS. The business's quarterly revenue was down 15.1% on a year-over-year basis.

MGP Ingredients, Inc. (NASDAQ:MGPI) declared a quarterly dividend on Thursday, May 2nd. Stockholders of record on Friday, May 17th will be paid a dividend of 0.12 per share on Friday, May 31st. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.60%. The ex-dividend date of this dividend is Thursday, May 16th.

Roth Mkm reduced their price objective on MGP Ingredients from $95.00 to $92.00 and set a "buy" rating on the stock in a research note on Friday.

MGP Ingredients (NASDAQ:MGPI) updated its FY 2024 earnings guidance. The company provided EPS guidance of 6.120-6.230 for the period, compared to the consensus estimate of 6.160. The company also issued revenue guidance of $742.0 millionillion-$756.0 millionillion, compared to the consensus estimate of $754.6 millionillion.

MGP Ingredients (NASDAQ:MGPI) updated its FY24 earnings guidance. The company provided EPS guidance of $6.12-6.23 for the period, compared to the consensus estimate of $6.16. The company also issued revenue guidance of $742-756 millionillion, compared to the consensus estimate of $754.65 millionillion.