MGP Ingredients, Inc. (MGPI)
| Market Cap | 1.39B |
| Revenue (ttm) | 404.76M |
| Net Income (ttm) | 45.59M |
| Shares Out | 16.93M |
| EPS (ttm) | 2.70 |
| PE Ratio | 23.45 |
| Forward PE | n/a |
| Dividend | $0.48 |
| Dividend Yield | 0.76% |
| Trading Day | May 7 |
| Last Price | $63.19 |
| Previous Close | $61.72 |
| Change ($) | 1.47 |
| Change (%) | 2.38% |
| Day's Open | 61.63 |
| Day's Range | 61.11 - 64.24 |
| Day's Volume | 135,470 |
| 52-Week Range | 32.42 - 71.82 |
Consolidated sales increased 9.3% from prior year period; Operating income increased 49.6%; Adjusted operating income up 56.7% Consolidated sales increased 9.3% from prior year period; Operating income ...
ATCHISON, Kan., May 05, 2021 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq:MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today announced that its ...
M GP Ingredients, Inc. (NASDAQ:MGPI) is a producer and supplier of distilled spirits and specialty wheat, proteins, and starches.
MGP (MGPI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ATCHISON, Kan., April 15, 2021 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq:MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today announced that it...
ST. LOUIS, April 12, 2021 /PRNewswire/ -- As the weather warms up, Vita Frute Vodka Soda is providing cool adult refreshment with its new original mix 12-pack featuring the latest Vita Frute flavor, Blo...
Combined company materially increases MGP's scale in the branded-spirits sector and establishes an additional platform for future growth Combined company materially increases MGP's scale in the branded-...
Full year consolidated sales increased 9.0% from prior year period Full year operating income increased 14.8%; Adjusted operating income up 20.9%
ATCHISON, Kan., Feb. 25, 2021 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq:MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today announced that its...
Kavanagh brings three decades of experience in European markets Kavanagh brings three decades of experience in European markets
ATCHISON, Kan., Feb. 11, 2021 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq:MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today announced that it ...
ATCHISON, Kan., Feb. 4, 2021 /PRNewswire/ -- MGP (Nasdaq: MGPI), has partnered with RNDC in Colorado to support the continued growth of their proprietary spirits brands: TILL American Wheat Vodka, Georg...
ATCHISON, Kan., Feb. 2, 2021 /PRNewswire/ -- MGP (Nasdaq: MGPI), has partnered with Standard Beverage in Kansas to support the continued growth of their proprietary spirits brands. Based in Atchison, Ka...
Deal represents an enterprise value of $475 million comprised of equal parts cash and stock Deal represents an enterprise value of $475 million comprised of equal parts cash and stock
Matt Greeno to lead Masters team, support product development Matt Greeno to lead Masters team, support product development
LAWRENCEBURG, Ind., Jan. 13, 2021 /PRNewswire/ -- MGP (Nasdaq: MGPI) has launched the New Year with the release of their 2021 Rossville Union Single Barrel Program. Known as the "Masters of Rye," MGP is...
ATCHISON, Kan., Dec. 17, 2020 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq: MGPI) has hired Tanya Jeradechachai as a vice president of Ingredient Solutions R&D. Her experience in grain science and ...
Rigorous audit applied to all MGP facilities Rigorous audit applied to all MGP facilities
MGP Ingredients, Inc. (MGPI) CEO Dave Colo on Q3 2020 Results - Earnings Call Transcript
MGP (MGPI) delivered earnings and revenue surprises of 8.93% and 3.90%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
ATCHISON, Kan., Oct. 29, 2020 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. ( Nasdaq : MGPI ) , a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today announced tha...
MGP (MGPI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ATCHISON, Kan., Oct. 15, 2020 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. ( Nasdaq : MGPI ) , a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today announced tha...
Wall Street recommends optimistic ratings for these companies
She brings significant research in carbohydrate chemistry She brings significant research in carbohydrate chemistry
ATCHISON, Kan., Sept. 16, 2020 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq: MGPI), a leading provider of premium distilled spirits and specialty wheat proteins and starches, recently was recogni...
MGP Ingredients (MGPI) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.
She supports ProTerra® product development She supports ProTerra® product development
Jeffrey Ruger brings 20 years’ CIO experience to this newly created role Jeffrey Ruger brings 20 years’ CIO experience to this newly created role
ATCHISON, Kan., Aug. 26, 2020 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq: MGPI), a leading supplier of distilled spirits and specialty wheat proteins and starches, announced that Lori L.S. Ming...
LAWRENCEBURG, Ind., Aug. 26, 2020 /PRNewswire/ -- MGP (Nasdaq: MGPI) has launched their first Single Barrel release for Rossville Union Rye.
MGP Ingredients, Inc. (MGPI) CEO Dave Colo on Q2 2020 Results - Earnings Call Transcript
MGP (MGPI) delivered earnings and revenue surprises of 14.89% and -3.58%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
Operating income increased 4.3% from prior year period; Adjusted operating income up 11.5% Operating income increased 4.3% from prior year period; Adjusted operating income up 11.5%
MGP (MGPI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ATCHISON, Kan., July 16, 2020 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq:MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today announced that i...
As about a dozen states pause their reopening plans amid a surge in COVID-19 cases, more consumers turn to comfort food and snacks.
US whiskey distillers have lost out on nearly $340 million in sales to the European Union over the past two years because of a tit-for-tat trade spat between Washington and Brussels.
LAWRENCEBURG, Ind., June 16, 2020 /PRNewswire/ -- MGP (Nasdaq: MGPI) will debut Remus Repeal Reserve Series IV Straight Bourbon Whiskey in September 2020. Produced to commemorate Prohibition Repeal Day,...
ATCHISON, Kan., June 10, 2020 (GLOBE NEWSWIRE) -- Allison Hardy has joined MGP Ingredients, Inc. (Nasdaq: MGPI), as the new assistant general counsel. She assists in the direction of MGP’s legal affai...
MGP Ingredients (MGPI) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Fresh clashes between the two powerful economies amid the pandemic have triggered investors to turn to safe bets, again.
Cook-at-home could be more of a trend moving forward, so here are a few picks catering to that segment.
MGP (MGPI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Increased analyst coverage over the last few weeks might lead to solid price appreciation for these stocks.
MGP Ingredients, Inc. (MGPI) CEO Gus Griffin on Q1 2020 Results - Earnings Call Transcript
MGP (MGPI) delivered earnings and revenue surprises of 74.29% and 14.81%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of MGP Ingredients (NASDAQ:MGPI) were unaffected at $40.99 after the company reported Q1 results.
MGP (MGPI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
New gluten-free pea option joins proven textured wheat proteins New gluten-free pea option joins proven textured wheat proteins
About MGPI
MGP Ingredients, Inc., together with its subsidiaries, produces and supplies distilled spirits, and specialty wheat proteins and starch food ingredients. It operates through two segments, Distillery Products and Ingredient Solutions. The Distillery Products segment provides food grade alcohol for beverage applications that include bourbon and rye whiskeys, as well as grain neutral spirits, including vodka and gin; and food grade industrial alcohol, which is used as an ingredient in foods, personal care products, cleaning solutions, pharmaceutic... [Read more...]
| Industry Packaged Foods | IPO Date Oct 20, 1988 |
| CEO David Colo | Employees 604 |
| Stock Exchange NASDAQ | Ticker Symbol MGPI |
Financial Performance
In 2020, MGPI's revenue was $395.52 million, an increase of 9.04% compared to the previous year's $362.75 million. Earnings were $40.35 million, an increase of 4.00%.
Analyst Forecasts
According to 5 analysts, the average rating for MGPI stock is "Strong Buy." The 12-month stock price forecast is 70.75, which is an increase of 11.96% from the latest price.