Q1 EPS Estimates for MGP Ingredients Decreased by Analyst

MGP Ingredients, Inc. (NASDAQ:MGPI) – Analysts at Roth Capital cut their Q1 2025 earnings estimates for shares of MGP Ingredients in a note issued to investors on Monday, December 23rd. Roth Capital analyst S. Mcgowan now forecasts that the company will post earnings of $0.50 per share for the quarter, down from their previous forecast of $0.79. The consensus estimate for MGP Ingredients’ current full-year earnings is $5.57 per share. Roth Capital also issued estimates for MGP Ingredients’ Q2 2025 earnings at $0.76 EPS, Q3 2025 earnings at $0.73 EPS, Q4 2025 earnings at $1.00 EPS, FY2025 earnings at $3.00 EPS, Q2 2026 earnings at $1.14 EPS, Q3 2026 earnings at $1.03 EPS and FY2026 earnings at $4.36 EPS.

Other analysts have also issued research reports about the stock. Truist Financial lowered their target price on shares of MGP Ingredients from $85.00 to $75.00 and set a “buy” rating for the company in a report on Friday, November 1st. TD Cowen downgraded MGP Ingredients from a “buy” rating to a “hold” rating and dropped their price objective for the company from $66.00 to $50.00 in a report on Wednesday, November 6th. Roth Mkm reduced their target price on MGP Ingredients from $65.00 to $60.00 and set a “buy” rating on the stock in a report on Monday. Lake Street Capital downgraded shares of MGP Ingredients from a “buy” rating to a “hold” rating and cut their price target for the company from $135.00 to $75.00 in a research report on Friday, October 18th. Finally, StockNews.com upgraded shares of MGP Ingredients from a “sell” rating to a “hold” rating in a report on Friday, November 1st. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, MGP Ingredients currently has an average rating of “Moderate Buy” and an average target price of $75.83.

MGP Ingredients Stock Up 1.1 %

Shares of NASDAQ:MGPI opened at $40.27 on Wednesday. The company has a debt-to-equity ratio of 0.31, a current ratio of 6.46 and a quick ratio of 1.94. The stock has a market cap of $884.05 million, a price-to-earnings ratio of 8.37, a P/E/G ratio of 0.74 and a beta of 0.63. The company has a 50 day moving average of $48.07 and a 200-day moving average of $69.51. MGP Ingredients has a one year low of $38.65 and a one year high of $102.42.

MGP Ingredients (NASDAQ:MGPI) last released its earnings results on Thursday, October 31st. The company reported $1.29 earnings per share for the quarter, topping analysts’ consensus estimates of $1.27 by $0.02. The company had revenue of $161.50 million during the quarter, compared to the consensus estimate of $161.55 million. MGP Ingredients had a return on equity of 14.39% and a net margin of 14.44%. The firm’s quarterly revenue was down 23.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.34 earnings per share.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Isthmus Partners LLC raised its stake in MGP Ingredients by 2.1% in the second quarter. Isthmus Partners LLC now owns 41,427 shares of the company’s stock valued at $31,000 after purchasing an additional 860 shares in the last quarter. Innealta Capital LLC acquired a new position in MGP Ingredients during the 2nd quarter worth approximately $42,000. Farther Finance Advisors LLC lifted its stake in MGP Ingredients by 45.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 597 shares of the company’s stock valued at $50,000 after purchasing an additional 186 shares during the last quarter. First Horizon Advisors Inc. boosted its position in MGP Ingredients by 73.5% in the third quarter. First Horizon Advisors Inc. now owns 760 shares of the company’s stock valued at $63,000 after buying an additional 322 shares in the last quarter. Finally, nVerses Capital LLC bought a new position in shares of MGP Ingredients in the 2nd quarter valued at $82,000. 77.11% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Lori L.S. Mingus sold 7,050 shares of the company’s stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $46.03, for a total value of $324,511.50. Following the transaction, the director now owns 37,373 shares of the company’s stock, valued at approximately $1,720,279.19. This represents a 15.87 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 36.20% of the stock is owned by corporate insiders.

MGP Ingredients Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date of this dividend was Friday, November 15th. MGP Ingredients’s dividend payout ratio is presently 9.98%.

About MGP Ingredients

MGP Ingredients, Inc, together with its subsidiaries, engages in the production and supply of distilled spirits, branded spirits, and food ingredients in the United States and internationally. The company operates through three segments: Distillery Solutions; Branded Spirits; and Ingredient Solutions.