MGP Ingredients Q3 EPS Forecast Increased by Roth Capital

MGP Ingredients, Inc. (NASDAQ:MGPI) – Research analysts at Roth Capital boosted their Q3 2026 earnings per share estimates for MGP Ingredients in a research note issued to investors on Thursday, October 30th. Roth Capital analyst S. Mcgowan now expects that the company will post earnings per share of $0.76 for the quarter, up from their previous estimate of $0.72. The consensus estimate for MGP Ingredients’ current full-year earnings is $5.56 per share. Roth Capital also issued estimates for MGP Ingredients’ Q1 2027 earnings at $0.58 EPS, Q2 2027 earnings at $0.93 EPS, Q3 2027 earnings at $0.85 EPS and FY2027 earnings at $3.29 EPS.

MGP Ingredients (NASDAQ:MGPI) last announced its quarterly earnings data on Wednesday, October 29th. The company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.62 by $0.23. The business had revenue of $130.91 million during the quarter, compared to the consensus estimate of $128.33 million. MGP Ingredients had a positive return on equity of 9.65% and a negative net margin of 2.56%.The business’s revenue for the quarter was down 18.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.29 earnings per share. MGP Ingredients has set its FY 2025 guidance at 2.600-2.750 EPS.

A number of other brokerages also recently commented on MGPI. TD Cowen lowered their price objective on MGP Ingredients from $30.00 to $27.00 and set a “hold” rating for the company in a research report on Thursday, October 30th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of MGP Ingredients in a research report on Wednesday, October 8th. Finally, Wells Fargo & Company cut their price target on shares of MGP Ingredients from $38.00 to $33.00 and set an “overweight” rating on the stock in a research note on Thursday, September 25th. Four investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, MGP Ingredients has a consensus rating of “Moderate Buy” and an average target price of $40.00.

MGP Ingredients Price Performance

Shares of NASDAQ:MGPI opened at $24.85 on Monday. The company has a market cap of $529.16 million, a P/E ratio of -37.09 and a beta of 0.37. The company has a quick ratio of 0.79, a current ratio of 2.78 and a debt-to-equity ratio of 0.31. MGP Ingredients has a 52 week low of $23.28 and a 52 week high of $53.31. The business has a fifty day simple moving average of $25.93 and a 200-day simple moving average of $28.70.

Institutional Investors Weigh In On MGP Ingredients

A number of institutional investors have recently added to or reduced their stakes in MGPI. Brooklyn Investment Group grew its position in MGP Ingredients by 2,365.7% during the first quarter. Brooklyn Investment Group now owns 863 shares of the company’s stock valued at $25,000 after acquiring an additional 828 shares during the period. Penserra Capital Management LLC grew its position in MGP Ingredients by 333.3% during the first quarter. Penserra Capital Management LLC now owns 897 shares of the company’s stock valued at $26,000 after acquiring an additional 690 shares during the period. Osaic Holdings Inc. grew its position in MGP Ingredients by 130.3% during the second quarter. Osaic Holdings Inc. now owns 935 shares of the company’s stock valued at $28,000 after acquiring an additional 529 shares during the period. GAMMA Investing LLC grew its position in MGP Ingredients by 114.8% during the first quarter. GAMMA Investing LLC now owns 1,497 shares of the company’s stock valued at $44,000 after acquiring an additional 800 shares during the period. Finally, Tower Research Capital LLC TRC lifted its stake in shares of MGP Ingredients by 278.9% during the second quarter. Tower Research Capital LLC TRC now owns 1,883 shares of the company’s stock worth $56,000 after purchasing an additional 1,386 shares in the last quarter. Hedge funds and other institutional investors own 77.11% of the company’s stock.

MGP Ingredients Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 28th. Shareholders of record on Friday, November 14th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Friday, November 14th. MGP Ingredients’s payout ratio is -71.64%.

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.