Roth Capital Reduces Earnings Estimates for MGP Ingredients

MGP Ingredients, Inc. (NASDAQ:MGPI) – Equities research analysts at Roth Capital reduced their Q1 2025 earnings per share estimates for shares of MGP Ingredients in a report issued on Thursday, February 27th. Roth Capital analyst S. Mcgowan now expects that the company will earn $0.43 per share 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 equities research analysts have also issued reports on MGPI. Roth Mkm dropped their target price on shares of MGP Ingredients from $65.00 to $60.00 and set a “buy” rating for the company in a research report on Monday, December 23rd. Wells Fargo & Company dropped their price objective on shares of MGP Ingredients from $58.00 to $44.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Lake Street Capital raised MGP Ingredients from a “hold” rating to a “buy” rating and reduced their target price for the company from $55.00 to $45.00 in a research note on Thursday. Truist Financial lowered their price target on MGP Ingredients from $85.00 to $75.00 and set a “buy” rating on the stock in a research report on Friday, November 1st. Finally, TD Cowen cut MGP Ingredients from a “buy” rating to a “hold” rating and cut their price objective for the stock from $66.00 to $50.00 in a report on Wednesday, November 6th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $67.00.

MGP Ingredients Stock Performance

Shares of MGPI opened at $32.74 on Friday. MGP Ingredients has a 12-month low of $31.31 and a 12-month high of $92.52. The company has a current ratio of 6.46, a quick ratio of 1.94 and a debt-to-equity ratio of 0.31. The company has a market cap of $718.74 million, a PE ratio of 6.81 and a beta of 0.62. The stock has a 50-day moving average price of $35.67 and a 200-day moving average price of $56.47.

MGP Ingredients Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.47%. MGP Ingredients’s dividend payout ratio (DPR) is currently 31.79%.

Institutional Investors Weigh In On MGP Ingredients

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. PharVision Advisers LLC purchased a new position in MGP Ingredients in the 4th quarter worth approximately $316,000. Voloridge Investment Management LLC bought a new position in shares of MGP Ingredients in the fourth quarter worth approximately $12,932,000. Two Sigma Advisers LP increased its stake in shares of MGP Ingredients by 4.1% in the fourth quarter. Two Sigma Advisers LP now owns 122,800 shares of the company’s stock worth $4,835,000 after buying an additional 4,800 shares during the period. Sherbrooke Park Advisers LLC bought a new stake in MGP Ingredients during the 4th quarter valued at $328,000. Finally, Point72 Asia Singapore Pte. Ltd. raised its holdings in MGP Ingredients by 58.3% during the 4th quarter. Point72 Asia Singapore Pte. Ltd. now owns 1,996 shares of the company’s stock valued at $79,000 after buying an additional 735 shares during the last quarter. Institutional investors own 77.11% of the company’s stock.

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.