MGP Ingredients, Inc. (MGPI)

Market Cap	613.65M
Revenue (ttm)	703.63M
Net Income (ttm)	34.29M
Shares Out	21.27M
EPS (ttm)	1.56
PE Ratio	18.52
Forward PE	11.23
Dividend	$0.48 (1.67%)
Ex-Dividend Date	Mar 14, 2025

Volume	356,942
Open	29.30
Previous Close	29.32
Day's Range	28.65 - 29.55
52-Week Range	28.66 - 92.52
Beta	0.57
Analysts	Strong Buy
Price Target	65.67 (+127.94%)
Earnings Date	May 1, 2025

About MGPI

MGP Ingredients, Inc. produces and supplies distilled spirits, branded spirits, and food ingredients worldwide. It operates in three segments: Distillery Solutions, Branded Spirits, and Ingredient Solutions. The Distillery Solutions segment processes corn and other grains, including barley, wheat, barley malt, and milo into food grade alcohol and distillery co-products, such as dried distillers’ grain; and offers food grade alcohol for beverage applications, that include bourbon, rye, and other whiskeys, as well as grain neutral spirits, includ...

• Industry: Beverages - Wineries & Distilleries
• Sector: Consumer Staples
• IPO Date: Oct 20, 1988
• Employees: 660
• Stock Exchange: NASDAQ
• Ticker Symbol: MGPI
• Website: https://www.mgpingredients.com

Financial Performance

In 2024, MGP Ingredients's revenue was $703.63 million, a decrease of -15.89% compared to the previous year's $836.52 million. Earnings were $34.29 million, a decrease of -67.77%.

Analyst Forecast

According to 6 analysts, the average rating for MGPI stock is "Strong Buy." The 12-month stock price forecast is $65.67, which is an increase of 127.94% from the latest price.

Price Target

$65.67

(127.94% upside)

Analyst Consensus: Strong Buy