Roth Capital Lowers Earnings Estimates for MGP Ingredients

MGP Ingredients, Inc. (NASDAQ:MGPI) – Research analysts at Roth Capital lowered their Q1 2025 earnings estimates for shares of MGP Ingredients in a report released on Wednesday, March 12th. Roth Capital analyst S. Mcgowan now anticipates that the company will post earnings of $0.38 per share for the quarter, down from their prior estimate of $0.43. The consensus estimate for MGP Ingredients’ current full-year earnings is $5.56 per share. Roth Capital also issued estimates for MGP Ingredients’ Q2 2025 earnings at $0.77 EPS, Q3 2025 earnings at $0.66 EPS, FY2025 earnings at $2.56 EPS and Q2 2026 earnings at $0.83 EPS.

Several other brokerages have also recently weighed in on MGPI. Wells Fargo & Company reduced their price target on MGP Ingredients from $58.00 to $44.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. Lake Street Capital upgraded shares of MGP Ingredients from a “hold” rating to a “buy” rating and decreased their price target for the stock from $55.00 to $45.00 in a research note on Thursday, February 27th. Roth Mkm dropped their price objective on shares of MGP Ingredients from $65.00 to $60.00 and set a “buy” rating on the stock in a research note on Monday, December 23rd. Finally, StockNews.com lowered shares of MGP Ingredients from a “hold” rating to a “sell” rating in a report on Friday, February 28th. One analyst has rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $67.00.

MGP Ingredients Price Performance

MGPI stock opened at $30.83 on Thursday. The company has a debt-to-equity ratio of 0.31, a current ratio of 6.46 and a quick ratio of 1.94. MGP Ingredients has a 1 year low of $29.84 and a 1 year high of $92.52. The firm has a 50-day moving average of $34.43 and a 200 day moving average of $52.82. The company has a market cap of $655.75 million, a P/E ratio of 6.41 and a beta of 0.57.

MGP Ingredients Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be paid a dividend of $0.12 per share. The ex-dividend date is Friday, March 14th. This represents a $0.48 annualized dividend and a yield of 1.56%. MGP Ingredients’s dividend payout ratio is 31.79%.

Insider Transactions at MGP Ingredients

In other MGP Ingredients news, Director Karen Seaberg sold 28,304 shares of MGP Ingredients stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $30.82, for a total value of $872,329.28. Following the completion of the sale, the director now owns 283,569 shares of the company’s stock, valued at approximately $8,739,596.58. The trade was a 9.08 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 36.20% of the company’s stock.

Hedge Funds Weigh In On MGP Ingredients

A number of institutional investors and hedge funds have recently modified their holdings of MGPI. Vanguard Group Inc. lifted its holdings in MGP Ingredients by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 1,126,169 shares of the company’s stock valued at $44,337,000 after acquiring an additional 7,471 shares during the period. FMR LLC increased its position in shares of MGP Ingredients by 14.2% during the 3rd quarter. FMR LLC now owns 1,102,985 shares of the company’s stock valued at $91,824,000 after purchasing an additional 137,292 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of MGP Ingredients by 6.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 914,854 shares of the company’s stock worth $36,017,000 after purchasing an additional 57,714 shares during the period. Wasatch Advisors LP bought a new stake in MGP Ingredients during the fourth quarter valued at approximately $28,388,000. Finally, State Street Corp boosted its stake in shares of MGP Ingredients by 22.4% during the 3rd quarter. State Street Corp now owns 717,675 shares of the company’s stock worth $59,746,000 after acquiring an additional 131,542 shares during the last quarter. 77.11% of the stock is currently owned by hedge funds and other institutional investors.

MGP Ingredients Company Profile

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.