MGP Ingredients (MGPI) Expected to Release Earnings on Wednesday

MGP Ingredients (NASDAQ:MGPI) is projected to issue its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect the company to announce earnings of $0.49 per share and revenue of $125.1610 million for the quarter. MGP Ingredients has set its FY 2026 guidance at 1.500-1.800 EPS. Parties can check the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 10:00 AM ET.

MGP Ingredients (NASDAQ:MGPI) last released its earnings results on Wednesday, April 29th. The company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.04 by $0.11. The company had revenue of $106.43 million during the quarter, compared to analysts’ expectations of $105.32 million. MGP Ingredients had a negative net margin of 45.70% and a positive return on equity of 7.48%. The business’s revenue was down 12.5% on a year-over-year basis. During the same quarter last year, the business earned $0.36 EPS. On average, analysts expect MGP Ingredients to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

MGP Ingredients Stock Down 1.6%

Shares of NASDAQ:MGPI opened at $17.91 on Wednesday. MGP Ingredients has a fifty-two week low of $15.72 and a fifty-two week high of $32.60. The company has a quick ratio of 0.56, a current ratio of 2.74 and a debt-to-equity ratio of 0.41. The firm’s 50-day simple moving average is $17.16 and its 200-day simple moving average is $19.98. The company has a market cap of $382.74 million, a price-to-earnings ratio of -1.61 and a beta of 0.46.

MGP Ingredients Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were given a $0.12 dividend. The ex-dividend date was Friday, May 15th. This represents a $0.48 dividend on an annualized basis and a yield of 2.7%. MGP Ingredients’s dividend payout ratio (DPR) is presently -4.31%.

Insider Activity at MGP Ingredients

In other news, major shareholder Caroline Lux Kaplan sold 30,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $17.82, for a total transaction of $534,600.00. Following the sale, the insider owned 500,958 shares of the company’s stock, valued at $8,927,071.56. The trade was a 5.65% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 31.70% of the stock is owned by company insiders.

Hedge Funds Weigh In On MGP Ingredients

Hedge funds have recently bought and sold shares of the company. Weiss Asset Management LP purchased a new stake in MGP Ingredients during the fourth quarter worth $516,000. Counterpoint Mutual Funds LLC raised its stake in shares of MGP Ingredients by 2.2% during the 4th quarter. Counterpoint Mutual Funds LLC now owns 20,737 shares of the company’s stock worth $504,000 after buying an additional 440 shares during the last quarter. Captrust Financial Advisors boosted its position in shares of MGP Ingredients by 5.2% in the 2nd quarter. Captrust Financial Advisors now owns 14,741 shares of the company’s stock worth $442,000 after buying an additional 735 shares in the last quarter. Prudential Financial Inc. boosted its position in shares of MGP Ingredients by 4.8% in the 2nd quarter. Prudential Financial Inc. now owns 14,608 shares of the company’s stock worth $438,000 after buying an additional 666 shares in the last quarter. Finally, Virtus Advisers LLC purchased a new stake in shares of MGP Ingredients in the 3rd quarter worth about $433,000. 77.11% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

MGPI has been the topic of a number of analyst reports. Zacks Research raised MGP Ingredients from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. Weiss Ratings downgraded MGP Ingredients from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, May 4th. Wells Fargo & Company reduced their price target on MGP Ingredients from $24.00 to $21.00 and set an “overweight” rating for the company in a report on Wednesday, July 8th. Finally, TD Cowen decreased their price target on MGP Ingredients from $20.00 to $18.00 and set a “hold” rating on the stock in a research note on Friday, June 26th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, MGP Ingredients currently has an average rating of “Hold” and an average price target of $26.50.

MGP Ingredients Company Profile

MGP Ingredients, Inc (NASDAQ: MGPI) is a leading producer of distilled spirits and specialty ingredient solutions for the food, beverage and consumer products industries. Headquartered in Atchison, Kansas, the company operates two main facilities—its historic Atchison plant, founded in 1941 as Midwest Grain Products, and a modern distillery in Lawrenceburg, Indiana. MGP Ingredients supplies an array of distillation products under its beverage and ingredient segments, serving brand owners, private-label producers and co-packers worldwide.

The beverage segment features a broad portfolio of premium spirits, including bourbon and rye whiskies, vodka, gin and neutral spirits.