MGP Ingredients, Inc. (NASDAQ:MGPI) Forecasted to Post Q1 2025 Earnings of $1.37 Per Share

MGP Ingredients, Inc. (NASDAQ:MGPI) – Equities researchers at Roth Capital decreased their Q1 2025 earnings per share estimates for shares of MGP Ingredients in a report released on Friday, May 3rd. Roth Capital analyst S. Mcgowan now forecasts that the company will post earnings of $1.37 per share for the quarter, down from their previous forecast of $1.44. The consensus estimate for MGP Ingredients’ current full-year earnings is $6.18 per share. Roth Capital also issued estimates for MGP Ingredients’ Q2 2025 earnings at $1.68 EPS, Q3 2025 earnings at $1.87 EPS, Q4 2025 earnings at $1.95 EPS and FY2026 earnings at $7.28 EPS.

MGP Ingredients (NASDAQ:MGPI) last issued its earnings results on Thursday, May 2nd. The company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.00 by $0.07. MGP Ingredients had a net margin of 11.91% and a return on equity of 14.78%. The business had revenue of $170.56 million during the quarter, compared to analysts’ expectations of $170.31 million. During the same period in the previous year, the company earned $1.39 earnings per share. The business’s revenue for the quarter was down 15.1% compared to the same quarter last year.

Other equities analysts have also issued reports about the stock. Roth Mkm decreased their price objective on shares of MGP Ingredients from $95.00 to $92.00 and set a “buy” rating for the company in a report on Friday. Wedbush restated an “outperform” rating and issued a $120.00 price objective on shares of MGP Ingredients in a report on Monday, April 29th. Finally, StockNews.com lowered shares of MGP Ingredients from a “hold” rating to a “sell” rating in a report on Friday, April 26th.

MGP Ingredients Price Performance

Shares of NASDAQ MGPI opened at $80.62 on Monday. MGP Ingredients has a twelve month low of $75.78 and a twelve month high of $124.96. The firm has a market cap of $1.77 billion, a P/E ratio of 18.62, a PEG ratio of 1.19 and a beta of 0.75. The company has a 50 day moving average of $81.84 and a 200 day moving average of $88.61. The company has a quick ratio of 1.47, a current ratio of 6.32 and a debt-to-equity ratio of 0.34.

MGP Ingredients Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Shareholders of record on Friday, May 17th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.60%. The ex-dividend date of this dividend is Thursday, May 16th. MGP Ingredients’s dividend payout ratio (DPR) is presently 11.09%.

Insiders Place Their Bets

In other MGP Ingredients news, VP Erika Lapish acquired 500 shares of the business’s stock in a transaction dated Monday, February 26th. The stock was purchased at an average price of $77.86 per share, with a total value of $38,930.00. Following the transaction, the vice president now directly owns 550 shares in the company, valued at approximately $42,823. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 36.20% of the stock is currently owned by insiders.

Institutional Investors Weigh In On MGP Ingredients

A number of hedge funds have recently modified their holdings of the business. Mutual of America Capital Management LLC boosted its holdings in MGP Ingredients by 594.5% in the 4th quarter. Mutual of America Capital Management LLC now owns 19,030 shares of the company’s stock worth $1,875,000 after buying an additional 16,290 shares during the period. Tudor Investment Corp Et Al bought a new position in MGP Ingredients in the 3rd quarter worth $2,985,000. Victory Capital Management Inc. boosted its holdings in MGP Ingredients by 58.0% in the 3rd quarter. Victory Capital Management Inc. now owns 217,403 shares of the company’s stock worth $22,932,000 after buying an additional 79,791 shares during the period. KLR Investment Advisors LLC boosted its holdings in MGP Ingredients by 5.8% in the 3rd quarter. KLR Investment Advisors LLC now owns 2,911 shares of the company’s stock worth $282,000 after buying an additional 159 shares during the period. Finally, Peterson Wealth Services bought a new position in MGP Ingredients in the 4th quarter worth $221,000. 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.