Q1 EPS Estimates for MGP Ingredients Reduced by Roth Capital

MGP Ingredients, Inc. (NASDAQ:MGPI) – Investment analysts at Roth Capital dropped their Q1 2025 earnings per share (EPS) estimates for shares of MGP Ingredients in a research report issued to clients and investors on Thursday, February 27th. Roth Capital analyst S. Mcgowan now expects that the company will post earnings per share of $0.43 for the quarter, down from their previous estimate of $0.50. The consensus estimate for MGP Ingredients’ current full-year earnings is $5.56 per share. Roth Capital also issued estimates for MGP Ingredients’ Q3 2025 earnings at $0.67 EPS, Q2 2026 earnings at $1.02 EPS, Q3 2026 earnings at $0.96 EPS and Q4 2026 earnings at $1.21 EPS.

Several other analysts have also recently weighed in on MGPI. TD Cowen cut MGP Ingredients from a “buy” rating to a “hold” rating and reduced their price target for the stock from $66.00 to $50.00 in a report on Wednesday, November 6th. Truist Financial lowered their target price on MGP Ingredients from $85.00 to $75.00 and set a “buy” rating for the company in a research report on Friday, November 1st. StockNews.com upgraded MGP Ingredients from a “sell” rating to a “hold” rating in a research report on Friday, November 1st. Wells Fargo & Company decreased their target price on shares of MGP Ingredients from $58.00 to $44.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. Finally, Lake Street Capital upgraded shares of MGP Ingredients from a “hold” rating to a “buy” rating and dropped their target price for the company from $55.00 to $45.00 in a report on Thursday. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, MGP Ingredients currently has a consensus rating of “Moderate Buy” and an average target price of $67.00.

MGP Ingredients Price Performance

MGPI stock opened at $33.26 on Friday. MGP Ingredients has a 1 year low of $31.31 and a 1 year high of $92.52. 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 $730.16 million, a price-to-earnings ratio of 6.91 and a beta of 0.62. The company has a 50 day simple moving average of $35.67 and a 200 day simple moving average of $56.47.

Institutional Investors Weigh In On MGP Ingredients

Hedge funds and other institutional investors have recently made changes to their positions in the business. GAMMA Investing LLC lifted its stake in MGP Ingredients by 162.0% during the 4th quarter. GAMMA Investing LLC now owns 697 shares of the company’s stock valued at $27,000 after acquiring an additional 431 shares in the last quarter. Versant Capital Management Inc increased its position in shares of MGP Ingredients by 192.5% during the 4th quarter. Versant Capital Management Inc now owns 699 shares of the company’s stock valued at $28,000 after purchasing an additional 460 shares during the last quarter. Farther Finance Advisors LLC raised its stake in shares of MGP Ingredients by 45.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 597 shares of the company’s stock worth $50,000 after purchasing an additional 186 shares during the period. First Horizon Advisors Inc. grew its position in shares of MGP Ingredients by 73.5% during the 3rd quarter. First Horizon Advisors Inc. now owns 760 shares of the company’s stock valued at $63,000 after acquiring an additional 322 shares during the period. Finally, PNC Financial Services Group Inc. grew its holdings in MGP Ingredients by 56.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,913 shares of the company’s stock valued at $75,000 after purchasing an additional 687 shares during the period. 77.11% of the stock is owned by institutional investors.

MGP Ingredients Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.44%. The ex-dividend date of this dividend is Friday, March 14th. MGP Ingredients’s dividend payout ratio is currently 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.