Q1 EPS Estimates for MGP Ingredients Cut by Roth Capital

MGP Ingredients, Inc. (NASDAQ:MGPI) – Stock analysts at Roth Capital cut their Q1 2025 earnings per share (EPS) estimates for shares of MGP Ingredients in a report released on Wednesday, March 12th. Roth Capital analyst S. Mcgowan now expects that the company will post earnings per share of $0.38 for the quarter, down from their prior forecast 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.

Other analysts have also recently issued research reports about the company. Lake Street Capital raised MGP Ingredients from a “hold” rating to a “buy” rating and lowered their price objective for the stock from $55.00 to $45.00 in a research report on Thursday, February 27th. StockNews.com lowered MGP Ingredients from a “hold” rating to a “sell” rating in a research note on Friday, February 28th. Wells Fargo & Company cut their price target on MGP Ingredients from $58.00 to $44.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. Finally, Roth Mkm cut their price target on MGP Ingredients from $65.00 to $60.00 and set a “buy” rating for the company in a research note on Monday, December 23rd. One equities research 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, the stock has an average rating of “Moderate Buy” and a consensus target price of $67.00.

MGP Ingredients Stock Down 2.9 %

MGP Ingredients stock opened at $30.52 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. The stock has a market capitalization of $649.16 million, a price-to-earnings ratio of 6.35 and a beta of 0.57. MGP Ingredients has a 1-year low of $29.84 and a 1-year high of $92.52. The business has a fifty day moving average price of $34.61 and a 200-day moving average price of $52.98.

Hedge Funds Weigh In On MGP Ingredients

Large investors have recently bought and sold shares of the business. GAMMA Investing LLC increased its holdings in MGP Ingredients by 162.0% in the fourth quarter. GAMMA Investing LLC now owns 697 shares of the company’s stock valued at $27,000 after buying an additional 431 shares during the last quarter. Versant Capital Management Inc increased its holdings in MGP Ingredients by 192.5% in the fourth quarter. Versant Capital Management Inc now owns 699 shares of the company’s stock valued at $28,000 after buying an additional 460 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in MGP Ingredients by 45.3% in the third quarter. Farther Finance Advisors LLC now owns 597 shares of the company’s stock valued at $50,000 after buying an additional 186 shares during the last quarter. First Horizon Advisors Inc. increased its holdings in MGP Ingredients by 73.5% in the third quarter. First Horizon Advisors Inc. now owns 760 shares of the company’s stock valued at $63,000 after buying an additional 322 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in MGP Ingredients by 56.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,913 shares of the company’s stock valued at $75,000 after acquiring an additional 687 shares in the last quarter. Hedge funds and other institutional investors own 77.11% of the company’s stock.

Insider Transactions at MGP Ingredients

In other MGP Ingredients news, Director Karen Seaberg bought 5,348 shares of the company’s stock in a transaction that occurred on Tuesday, March 11th. The shares were purchased at an average price of $32.59 per share, with a total value of $174,291.32. Following the completion of the acquisition, the director now directly owns 358,899 shares of the company’s stock, valued at $11,696,518.41. This represents a 1.51 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 36.20% of the company’s stock.

MGP Ingredients Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 1.57%. The ex-dividend date of this dividend is Friday, March 14th. MGP Ingredients’s dividend payout ratio is currently 31.79%.

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.