Q1 2025 EPS Estimates for MGP Ingredients, Inc. (NASDAQ:MGPI) Reduced by Roth Capital

MGP Ingredients, Inc. (NASDAQ:MGPI) – Stock analysts at Roth Capital decreased their Q1 2025 earnings per share (EPS) estimates for shares of MGP Ingredients in a note issued to investors on Friday, May 3rd. Roth Capital analyst S. Mcgowan now forecasts that the company will earn $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.

Several other equities research analysts also recently issued reports on MGPI. Roth Mkm cut their price objective on MGP Ingredients from $95.00 to $92.00 and set a “buy” rating on the stock in a report on Friday, May 3rd. StockNews.com lowered shares of MGP Ingredients from a “hold” rating to a “sell” rating in a research note on Friday, April 26th. Finally, Wedbush reissued an “outperform” rating and issued a $120.00 price objective on shares of MGP Ingredients in a research note on Monday, April 29th.

MGP Ingredients Stock Up 2.8 %

MGP Ingredients stock opened at $80.80 on Monday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.97 and a current ratio of 6.32. The firm has a 50 day moving average price of $81.90 and a 200 day moving average price of $88.34. MGP Ingredients has a fifty-two week low of $75.78 and a fifty-two week high of $124.96. The company has a market capitalization of $1.78 billion, a PE ratio of 18.66, a price-to-earnings-growth ratio of 1.19 and a beta of 0.75.

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

Institutional Investors Weigh In On MGP Ingredients

Hedge funds and other institutional investors have recently modified their holdings of the company. ZWJ Investment Counsel Inc. increased its holdings in MGP Ingredients by 314.1% in the first quarter. ZWJ Investment Counsel Inc. now owns 276,549 shares of the company’s stock valued at $23,819,000 after buying an additional 209,771 shares during the last quarter. Victory Capital Management Inc. lifted its stake in MGP Ingredients by 58.0% during the third quarter. Victory Capital Management Inc. now owns 217,403 shares of the company’s stock worth $22,932,000 after purchasing an additional 79,791 shares during the last quarter. Congress Asset Management Co. MA lifted its stake in MGP Ingredients by 21.7% during the first quarter. Congress Asset Management Co. MA now owns 387,003 shares of the company’s stock worth $33,333,000 after purchasing an additional 68,950 shares during the last quarter. Lord Abbett & CO. LLC acquired a new position in MGP Ingredients in the third quarter valued at approximately $7,202,000. Finally, Scout Investments Inc. purchased a new position in MGP Ingredients in the fourth quarter valued at approximately $6,477,000. 77.11% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, VP Erika Lapish purchased 500 shares of MGP Ingredients stock in a transaction on Monday, February 26th. The shares were bought 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 of the company’s stock, valued at $42,823. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 36.20% of the stock is currently owned by insiders.

MGP Ingredients Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Friday, May 17th will be issued a $0.12 dividend. The ex-dividend date is Thursday, May 16th. This represents a $0.48 dividend on an annualized basis and a yield of 0.59%. MGP Ingredients’s dividend payout ratio (DPR) is presently 11.09%.

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.