MGP Ingredients, Inc. (MGPI)

NASDAQ: MGPI · Real-Time Price · USD
18.10
+0.03 (0.17%)
At close: May 21, 2026, 4:00 PM EDT
18.33
+0.23 (1.27%)
After-hours: May 21, 2026, 4:21 PM EDT
Market Cap386.82M -43.4%
Revenue (ttm)521.15M -20.4%
Net Income-238.36M
EPS-11.15
Shares Out 21.37M
PE Ration/a
Forward PE9.89
Dividend$0.48 (2.65%)
Ex-Dividend DateMay 15, 2026
Volume143,856
Open18.25
Previous Close18.07
Day's Range17.61 - 18.58
52-Week Range16.45 - 33.38
Beta0.49
AnalystsStrong Buy
Price Target28.40 (+56.91%)
Earnings DateApr 29, 2026

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 rye, 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, i... [Read more]

IPO Date Oct 20, 1988
Employees 617
Stock Exchange NASDAQ
Ticker Symbol MGPI
Full Company Profile

Financial Performance

Financial Statements

Analyst Summary

According to 5 analysts, the average rating for MGPI stock is "Strong Buy." The 12-month stock price target is $28.4, which is an increase of 56.91% from the latest price.

Price Target
$28.4
(56.91% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Remus Bourbon Honors Baseball Legend Lou Gehrig with New Reserve Release

The Ultra-Limited Bourbon Pays Tribute to the Iron Horse with a Collectible New Expression Inspired by One of Baseball's Most Enduring Icons LAWRENCEBURG, Ind., May 19, 2026 /PRNewswire/ -- Today, Rem...

2 days ago - PRNewsWire

Penelope Bourbon Unveils Architects of Golf

A limited-edition collection inspired by the fairway conversations and shared vision that helped shape the brand's beginnings ST. LOUIS, May 13, 2026 /PRNewswire/ -- Penelope Bourbon, one of the faste...

8 days ago - PRNewsWire

MGP Ingredients price target lowered to $20 from $22 at TD Cowen

TD Cowen lowered the firm’s price target on MGP Ingredients (MGPI) to $20 from $22 and keeps a Hold rating on the shares. The firm said 1Q26 results were broadly…

21 days ago - TheFly

MGP Ingredients Earnings Call Transcript: Q1 2026

First quarter sales and profits declined year-over-year but exceeded expectations, with premium brands and digital marketing driving growth in key segments. A $179.5 million non-cash impairment led to a net loss, while operational improvements and portfolio rationalization support a reaffirmed full-year outlook.

22 days ago - Transcripts

MGP Ingredients Earnings release: Q1 2026

MGP Ingredients released its Q1 2026 earnings on April 29, 2026, summarizing the period's financial results.

22 days ago - Filings

MGP Ingredients Quarterly report: Q1 2026

MGP Ingredients has published its Q1 2026 quarterly earnings report on April 29, 2026.

22 days ago - Filings

MGP Ingredients Slides: Q1 2026

MGP Ingredients has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 29, 2026.

22 days ago - Filings

MGP Ingredients reports Q1 adjusted EPS 15c, consensus 4c

Reports Q1 revenue $106.4M, consensus $104.89M. “I’m pleased with our first quarter results, as sales were in-line with expectations, while adjusted EBITDA and adjusted basic EPS came in ahead of…

22 days ago - TheFly

MGP Ingredients sees FY26 adjusted EPS $1.50-$1.80, consensus $1.58

Sees FY26 revenue $480M-$500M, consensus $486.13M

22 days ago - TheFly

MGP Ingredients Reports First Quarter 2026 Results

ATCHISON, Kan.--(BUSINESS WIRE)--MGP Ingredients, Inc. (Nasdaq: MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today reported results for the first quarter e...

22 days ago - Business Wire

Yellowstone Bourbon Renews Annual National Parks Conservation Association Partnership with $25,000 Donation

Yellowstone Bourbon has donated more than $1 million to NPCA since 2018 to preserve and protect national parks ST. LOUIS and WASHINGTON, April 22, 2026 /PRNewswire/ -- For nearly a decade, Yellowstone...

4 weeks ago - PRNewsWire

MGP Ingredients to Report First Quarter 2026 Financial Results on Wednesday, April 29, 2026

ATCHISON, Kan.--(BUSINESS WIRE)--MGP Ingredients, Inc. (Nasdaq:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today announced it plans to report results for ...

5 weeks ago - Business Wire

MGP Ingredients Proxy statement: Proxy filing

MGP Ingredients filed a proxy statement on April 9, 2026, providing details for shareholder voting and corporate governance matters.

6 weeks ago - Filings

MGP Ingredients to temporarily idle operations at two Kentucky facilities

MGP Ingredients (MGPI) announced plans to temporarily idle distilling operations at its Limestone Branch Distillery in Lebanon, Kentucky and Lux Row Distillers in Bardstown, Kentucky, as the company a...

6 weeks ago - TheFly

MGP Ingredients backs FY26 adjusted EPS view $1.50-$1.60, consensus $1.59

Backs FY26 revenue view $480M-$500M, consensus $486.2M. Backs FY26 adjusted EBITDA view $90M-$98M.

6 weeks ago - TheFly

MGP Ingredients Announces Temporary Idling of Operations at Two Kentucky Distilling Facilities

ATCHISON, Kan.--(BUSINESS WIRE)--MGP Ingredients, Inc. (Nasdaq: MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today announced plans to temporarily idle dist...

6 weeks ago - Business Wire

3 Small-Cap Stocks with ‘Strong Buy’ Ratings and Big Upside in 2026

Small-cap stocks often go unnoticed, but a few are grabbing Wall Street’s attention. Analysts are highlighting Vital Farms ($VITL), BellRing Brands ($BRBR), and MGP Ingredients ($MGPI) as companies wi...

Other symbols: BRBRVITL
7 weeks ago - TipRanks

Highly acclaimed Remus Bourbon introduces the Remus Bottle Club

A treat for aficionados and collectors, the new club delivers rare and award-winning Remus Bourbon expressions to members' doorsteps ST. LOUIS, March 23, 2026 /PRNewswire/ -- Remus Bourbon has the per...

2 months ago - PRNewsWire

Remus Bourbon invites accounts to experience the Remus Distiller's Vault private collection barrel program

Accounts and bourbon groups can select rare barrels in person from the master distiller's private collection ST. LOUIS, March 18, 2026 /PRNewswire/ -- In the era of Prohibition, there were those who h...

2 months ago - PRNewsWire

El Mayor Tequila rolls out 375mL sizes of its core expressions

The award-winning tequila also will offer a Cocktail Courier springtime kit featuring its 375mL Reposado ST. LOUIS, March 17, 2026 /PRNewswire/ -- El Mayor Tequila – the celebrated premium tequila fro...

2 months ago - PRNewsWire

Remus Bourbon Introduces Master Distiller Experimental Series No. 2, Its First-Ever Wheat Whiskey

The Second Installment of the Series Exemplifies the Indiana-Based Brand's ContinuedCommitment to Innovation and Crafting Bold Spirits LAWRENCEBURG, Ind., March 10, 2026 /PRNewswire/ -- Today, Remus B...

2 months ago - PRNewsWire

MGP Ingredients price target lowered to $22 from $24 at TD Cowen

TD Cowen lowered the firm’s price target on MGP Ingredients (MGPI) to $22 from $24 and keeps a Hold rating on the shares. The firm said 4Q results beat Street…

2 months ago - TheFly

MGP Ingredients price target lowered to $32 from $41 at Roth Capital

Roth Capital lowered the firm’s price target on MGP Ingredients (MGPI) to $32 from $41 and keeps a Buy rating on the shares. The company’s Q4 results exceeded guidance, the…

3 months ago - TheFly

MGP Ingredients Earnings Call Transcript: Q4 2025

2025 results exceeded expectations despite industry headwinds, with strong Premium Plus brand growth and disciplined cost management. 2026 guidance anticipates continued challenges, with sales and earnings down, but operational improvements and portfolio rationalization underway to drive long-term growth.

3 months ago - Transcripts

MGP Ingredients Annual report: Q4 2025

MGP Ingredients has published its Q4 2025 annual report on February 25, 2026.

3 months ago - Filings