MGP Ingredients (MGPI) Expected to Release Earnings on Wednesday

MGP Ingredients (NASDAQ:MGPI) is projected to issue its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect MGP Ingredients to post earnings of $0.49 per share and revenue of $125.1610 million for the quarter. MGP Ingredients has set its FY 2026 guidance at 1.500-1.800 EPS. Interested persons may review the information on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 10:00 AM ET.

MGP Ingredients (NASDAQ:MGPI) last released its earnings results on Wednesday, April 29th. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.11. MGP Ingredients had a negative net margin of 45.70% and a positive return on equity of 7.48%. The business had revenue of $106.43 million during the quarter, compared to analysts’ expectations of $105.32 million. During the same quarter last year, the company earned $0.36 earnings per share. The firm’s revenue was down 12.5% on a year-over-year basis. On average, analysts expect MGP Ingredients to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

MGP Ingredients Stock Up 1.5%

MGPI stock opened at $17.96 on Tuesday. MGP Ingredients has a twelve month low of $15.72 and a twelve month high of $31.77. The company has a quick ratio of 0.56, a current ratio of 2.74 and a debt-to-equity ratio of 0.41. The company has a market cap of $383.81 million, a PE ratio of -1.61 and a beta of 0.46. The business’s 50-day simple moving average is $17.13 and its 200 day simple moving average is $19.80.

MGP Ingredients Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were given a $0.12 dividend. The ex-dividend date was Friday, May 15th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.7%. MGP Ingredients’s dividend payout ratio (DPR) is currently -4.31%.

Insider Activity

In other MGP Ingredients news, major shareholder Caroline Lux Kaplan sold 30,000 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $17.82, for a total transaction of $534,600.00. Following the sale, the insider directly owned 500,958 shares of the company’s stock, valued at approximately $8,927,071.56. This represents a 5.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 31.70% of the company’s stock.

Hedge Funds Weigh In On MGP Ingredients

A number of hedge funds have recently bought and sold shares of the business. Federated Hermes Inc. raised its stake in MGP Ingredients by 45.7% in the 4th quarter. Federated Hermes Inc. now owns 1,437,836 shares of the company’s stock worth $34,939,000 after purchasing an additional 450,713 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of MGP Ingredients by 8.9% during the third quarter. Vanguard Group Inc. now owns 1,222,672 shares of the company’s stock worth $29,576,000 after purchasing an additional 99,995 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of MGP Ingredients by 13.3% during the second quarter. Ameriprise Financial Inc. now owns 400,896 shares of the company’s stock worth $12,015,000 after purchasing an additional 46,978 shares during the period. Millennium Management LLC boosted its stake in shares of MGP Ingredients by 116.6% in the first quarter. Millennium Management LLC now owns 359,813 shares of the company’s stock valued at $10,571,000 after buying an additional 193,660 shares during the period. Finally, Goldman Sachs Group Inc. boosted its stake in shares of MGP Ingredients by 29.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 359,561 shares of the company’s stock valued at $8,737,000 after buying an additional 80,808 shares during the period. 77.11% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently weighed in on MGPI. Wells Fargo & Company decreased their price objective on MGP Ingredients from $24.00 to $21.00 and set an “overweight” rating on the stock in a report on Wednesday, July 8th. Weiss Ratings downgraded shares of MGP Ingredients from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, May 4th. TD Cowen dropped their price objective on MGP Ingredients from $20.00 to $18.00 and set a “hold” rating for the company in a research note on Friday, June 26th. Finally, Zacks Research upgraded MGP Ingredients from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $26.50.

About MGP Ingredients

MGP Ingredients, Inc (NASDAQ: MGPI) is a leading producer of distilled spirits and specialty ingredient solutions for the food, beverage and consumer products industries. Headquartered in Atchison, Kansas, the company operates two main facilities—its historic Atchison plant, founded in 1941 as Midwest Grain Products, and a modern distillery in Lawrenceburg, Indiana. MGP Ingredients supplies an array of distillation products under its beverage and ingredient segments, serving brand owners, private-label producers and co-packers worldwide.

The beverage segment features a broad portfolio of premium spirits, including bourbon and rye whiskies, vodka, gin and neutral spirits.