MGP INGREDIENTS INC (NASDAQ: MGPI)

MGP INGREDIENTS INC

NASDAQ: MGPI (MGP Ingredients, Inc.)

Last update: 2 days ago, 1:58PM

61.86

-19.71 (-24.16%)

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Previous Close	81.57
Open	67.09
Volume	3,394,806
Avg. Volume (3M)	173,234
Market Cap	1,360,208,640

Price / Earnings (TTM)	14.29
Price / Earnings (Forward)	11.56
Price / Sales	2.23
Price / Book	1.95

52 Weeks Range	59.10 (-4%) — 102.42 (65%)
Earnings Date	31 Oct 2024
TTM Dividend Yield	0.78%

Market Trend

		Short Term	Medium Term
Industry	Beverages - Wineries & Distilleries (US)	Bearish	Bearish
	Beverages - Wineries & Distilleries (Global)	Bearish	Bearish
Stock	MGP Ingredients, Inc.	Bearish	Bearish

Stockmoo Score

0.8

Analyst Consensus	3.0
Insider Activity	NA
Price Volatility	5.0
Technical Moving Averages	-2.5
Technical Oscillators	-2.5
Average	0.75

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MGP Ingredients Inc is a producer and supplier of premium distilled spirits and specialty wheat protein and starch food ingredients. MGP also produces high-quality industrial alcohol for use in both food and non-food applications. It operates in three segments: Distillery Solutions, Branded Spirits Segment, and Ingredient Solutions. Distillery Solutions provides distillery co-products, such as distillers feed, fuel grade alcohol, and corn oil: and warehouse services, including barrel put away, storage, and retrieval services. It derives most of its revenue from the Distillery Solutions segment.
Sector	Consumer Defensive
Industry	Beverages - Wineries & Distilleries
Investment Style	Small Core
% Held by Insiders	35.48%
% Held by Institutions	75.49%

Ownership

Name	Date	Shares Held
Southernsun Asset Management, Llc	30 Jun 2024	716,456
Zwj Investment Counsel Inc	30 Sep 2024	293,580
Clark Capital Management Group, Inc.	30 Jun 2024	249,073

52 Weeks Range	59.10 (-4%) — 102.42 (65%)
Price Target Range	75.00 (21%) — 95.00 (53%)
High	95.00 (Truist Securities, 53.57%)	Buy
Median	88.00 (42.26%)
Low	75.00 (Lake Street, 21.24%)	Hold
Average	86.00 (39.02%)
Total	2 Buy, 1 Hold
Avg. Price @ Call	68.05

Firm	Date	Target Price	Call	Price @ Call
Lake Street	18 Oct 2024	75.00 (21.24%)	Hold	61.86
Roth MKM	18 Oct 2024	88.00 (42.26%)	Buy	61.86
Roth MKM	25 Jul 2024	92.00 (48.72%)	Buy	80.99
Truist Securities	16 Oct 2024	95.00 (53.57%)	Buy	80.43

No data within this time range.

Date	Type	Details
17 Oct 2024	Announcement	MGP Ingredients Provides Certain Preliminary Third Quarter 2024 Results and Updates Full Year 2024 Guidance
15 Oct 2024	Announcement	Yellowstone Bourbon announces 2024 Bourbon Giftpack
15 Aug 2024	Announcement	Lux Row Distillers releases the third edition of its Blood Oath Trilogy featuring Pacts 7, 8 and 9
12 Aug 2024	Announcement	Ross & Squibb Distillery celebrates the repeal of Prohibition with the release of Remus Repeal Reserve Series VIII
01 Aug 2024	Announcement	MGP Ingredients Reports Second Quarter 2024 Results
01 Aug 2024	Announcement	MGP Ingredients Declares $0.12 Quarterly Dividend
29 Jul 2024	Announcement	Limestone Branch Distillery announces 2024 Yellowstone Bourbon Limited Edition Kentucky Straight Bourbon Whiskey

TTM Dividend Yield	0.78%
5Y Average Dividend Yield	0.67%
Payout Ratio	11.09%
Expected Next Dividend Payment	May 2025

Ex Date	Announcement Date	Payment Date	Details
16 Aug 2024	-	30 Aug 2024	0.12 Cash
16 May 2024	-	31 May 2024	0.12 Cash
14 Mar 2024	-	29 Mar 2024	0.12 Cash
16 Nov 2023	-	01 Dec 2023	0.12 Cash
17 Aug 2023	-	01 Sep 2023	0.12 Cash
18 May 2023	04 May 2023	02 Jun 2023	0.12 Cash
09 Mar 2023	-	24 Mar 2023	0.12 Cash
17 Nov 2022	-	02 Dec 2022	0.12 Cash
18 Aug 2022	-	02 Sep 2022	0.12 Cash
19 May 2022	-	03 Jun 2022	0.12 Cash
10 Mar 2022	-	25 Mar 2022	0.12 Cash
18 Nov 2021	01 Nov 2021	03 Dec 2021	0.12 Cash
19 Aug 2021	02 Aug 2021	03 Sep 2021	0.12 Cash
20 May 2021	03 May 2021	04 Jun 2021	0.12 Cash
11 Mar 2021	23 Feb 2021	26 Mar 2021	0.12 Cash
19 Nov 2020	27 Oct 2020	04 Dec 2020	0.12 Cash
20 Aug 2020	28 Jul 2020	04 Sep 2020	0.12 Cash
21 May 2020	28 Apr 2020	05 Jun 2020	0.12 Cash
12 Mar 2020	24 Feb 2020	27 Mar 2020	0.12 Cash
13 Nov 2019	29 Oct 2019	26 Nov 2019	0.1 Cash
13 Aug 2019	29 Jul 2019	30 Aug 2019	0.1 Cash
14 May 2019	29 Apr 2019	31 May 2019	0.1 Cash
12 Mar 2019	25 Feb 2019	29 Mar 2019	0.1 Cash
14 Nov 2018	30 Oct 2018	30 Nov 2018	0.08 Cash
15 Aug 2018	31 Jul 2018	31 Aug 2018	0.08 Cash
15 May 2018	30 Apr 2018	01 Jun 2018	0.08 Cash
08 Mar 2018	21 Feb 2018	23 Mar 2018	0.08 Cash
13 Nov 2017	31 Oct 2017	08 Dec 2017	0.04 Cash
11 May 2017	02 May 2017	09 Jun 2017	0.04 Cash
27 Feb 2017	15 Feb 2017	24 Mar 2017	0.04 Cash
09 Nov 2016	31 Oct 2016	08 Dec 2016	0.02 Cash
11 Aug 2016	01 Aug 2016	08 Sep 2016	0.02 Cash
17 Mar 2016	07 Mar 2016	14 Apr 2016	0.08 Cash
24 Mar 2015	27 Feb 2015	21 Apr 2015	0.06 Cash
13 Mar 2014	28 Feb 2014	09 Apr 2014	0.05 Cash
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Annual Dividend Yield

Year	Annual Dividend ($)	Frequency/Year	Yield %
2024	0.360	3	0.58
2023	0.480	4	0.49
2022	0.480	4	0.45
2021	0.480	4	0.57
2020	0.480	4	1.02
2019	0.400	4	0.83
2018	0.320	4	0.56
2017	0.120	3	0.16
2016	0.120	3	0.24
2015	0.060	1	0.23
2014	0.050	1	0.32
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The support, resistance and trendline levels presented has been generated by an artificial intelligence (AI) model and should be interpreted with caution.

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Realized Profit	-
Unrealized Profit	-
Dividend Received 2024	-
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Profit Margin	12.31%
Operating Margin (TTM)	25.59%
Diluted EPS (TTM)	4.33
Quarterly Revenue Growth (YOY)	-8.70%
Quarterly Earnings Growth (YOY)	-0.10%

Total Debt/Equity (MRQ)	35.61%
Current Ratio (MRQ)	6.44
Operating Cash Flow (TTM)	93.21 M
Levered Free Cash Flow (TTM)	15.31 M

Return on Assets (TTM)	7.67%
Return on Equity (TTM)	11.38%

Margin of Safety (EP)
Partial Profit (TP1)
Target Profit (TP2)
Maximum Loss (SL)