MGP Ingredients/MGPI

$78.48

0.9%
-
1D1W1MYTD1YMAX

About MGP Ingredients

MGP Ingredients, Inc. is a producer and supplier of distilled spirits, branded spirits, and food ingredients. The Company operates through three segments: Distilling Solutions, Branded Spirits, and Ingredient Solutions. The Distilling Solutions segment consists of food grade alcohol and distillery co-products, such as distillers feed, fuel grade alcohol, and corn oil. This segment also includes warehouse services, including barrel put away, storage, and retrieval services, as well as blending services. The Branded Spirits segment consists of a portfolio of high-quality brands, which it produces through its distilleries and bottling facilities and sell to distributors pursuant to customer contracts and purchase orders. Its Ingredient Solutions segment consists primarily of specialty wheat starches, specialty wheat proteins, commodity wheat starches, and commodity wheat proteins. It is also a producer of industrial alcohol for use in both food and non-food applications.

Ticker

MGPI

Sector

Consumer Non-Cyclicals

Trading on

NASDAQ

Industry

Beverages (Alcoholic)

CEO

David Bratcher

Employees

705

Headquarters

Atchison, United States

MGP Ingredients Metrics

BasicAdvanced
$1.72B
Market cap
16.25
P/E ratio
$4.81
EPS
0.75
Beta
$0.48
Dividend rate
0.61%
Dividend yield
$1.72B
0.75354
$124.96
$75.78
219.63K
$0.48
4.507
1.467
33.022
33.774
10.01%
31.389
26.95%
8.4%
13.32%
9.18%
16.251
2.056
2.023
6.684
96.38
0.6%
0.61%
0.61%
6.92%
-2.38%
28.36%
26.57%

What the Analysts think about MGP Ingredients

Analyst Ratings

Majority rating from 7 analysts.
Buy

Price Targets

Average projection from 7 analysts.
46.36% upside
High $135.00
Low $100.00
$78.48
Current price
$114.86
Average price target

MGP Ingredients Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
14.43% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$214.8M
1.51%
Net income
$31M
134.85%
Profit margin
14.43%
131.62%

MGP Ingredients Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 9.72%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$1.39
$1.44
$0.58
$1.49
-
Expected
$1.10
$1.25
$1.29
$1.36
$0.98
Surprise
26.04%
15.2%
-55.18%
9.72%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for MGP Ingredients stock?

MGP Ingredients (MGPI) has a market cap of $1.72B as of April 18, 2024.

What is the P/E ratio for MGP Ingredients stock?

The price to earnings (P/E) ratio for MGP Ingredients (MGPI) stock is 16.25 as of April 18, 2024.

Does MGP Ingredients stock pay dividends?

Yes, the MGP Ingredients (MGPI) stock pays dividends to shareholders. As of April 18, 2024, the dividend rate is $0.48 and the yield is 0.61%. MGP Ingredients has a payout ratio of 10.01% on a trailing twelve-month basis.

When is the next MGP Ingredients dividend payment date?

The next MGP Ingredients (MGPI) dividend payment date is unconfirmed.

What is the beta indicator for MGP Ingredients?

MGP Ingredients (MGPI) has a beta rating of 0.75. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the MGP Ingredients stock price target?

The target price for MGP Ingredients (MGPI) stock is $114.86, which is 46.36% above the current price of $78.48. This is an average based on projections from 7 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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