MGP Ingredients (NASDAQ:MGPI) Releases FY 2026 Earnings Guidance

MGP Ingredients (NASDAQ:MGPI) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.500-1.800 for the period, compared to the consensus estimate of 2.510. The company issued revenue guidance of $480.0 million-$500.0 million, compared to the consensus revenue estimate of $519.6 million.

MGP Ingredients Stock Performance

MGPI traded down $0.60 during trading on Thursday, hitting $19.74. The stock had a trading volume of 214,280 shares, compared to its average volume of 255,420. The firm has a market capitalization of $420.26 million, a P/E ratio of -29.52 and a beta of 0.42. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.69 and a current ratio of 2.78. MGP Ingredients has a twelve month low of $19.25 and a twelve month high of $35.49. The company’s 50-day moving average price is $24.84 and its 200 day moving average price is $25.47.

MGP Ingredients (NASDAQ:MGPI) last issued its earnings results on Wednesday, February 25th. The company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.14. The business had revenue of $138.32 million for the quarter, compared to the consensus estimate of $132.84 million. MGP Ingredients had a negative net margin of 2.56% and a positive return on equity of 9.65%. The business’s quarterly revenue was down 23.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.57 earnings per share. MGP Ingredients has set its FY 2026 guidance at 1.500-1.800 EPS. On average, equities research analysts forecast that MGP Ingredients will post 5.56 EPS for the current fiscal year.

MGP Ingredients Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 13th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, March 13th. MGP Ingredients’s dividend payout ratio (DPR) is currently -71.64%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on MGPI. TD Cowen dropped their price objective on MGP Ingredients from $27.00 to $24.00 and set a “hold” rating on the stock in a report on Thursday, January 8th. Wall Street Zen lowered shares of MGP Ingredients from a “buy” rating to a “hold” rating in a research report on Sunday. Wells Fargo & Company lowered their price target on shares of MGP Ingredients from $29.00 to $24.00 and set an “overweight” rating on the stock in a research note on Thursday. Zacks Research cut shares of MGP Ingredients from a “hold” rating to a “strong sell” rating in a research note on Monday, January 12th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of MGP Ingredients in a report on Thursday, January 22nd. Four equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, MGP Ingredients currently has a consensus rating of “Hold” and an average price target of $32.60.

Insider Transactions at MGP Ingredients

In other MGP Ingredients news, Director Karen Seaberg sold 81,616 shares of the stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $25.84, for a total transaction of $2,108,957.44. Following the sale, the director owned 35,285 shares in the company, valued at approximately $911,764.40. This represents a 69.82% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Over the last 90 days, insiders sold 304,535 shares of company stock valued at $7,509,168. 34.40% of the stock is currently owned by corporate insiders.

Key Headlines Impacting MGP Ingredients

Here are the key news stories impacting MGP Ingredients this week:

• Positive Sentiment: Q4 EPS and revenue beat analyst estimates (EPS $0.63 vs. $0.49 consensus; revenue $138.3M vs. ~$132.8M), demonstrating operating resilience despite year-over-year declines. MGP (MGPI) Q4 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Board declared a $0.12 quarterly dividend (payable Mar 27), which supports income investors and indicates confidence in cash flow. MGP Ingredients Declares $0.12 Quarterly Dividend
• Neutral Sentiment: Company provided an earnings presentation and held a conference call with supplemental slides — useful for investors parsing segment details and management commentary. MGP Ingredients, Inc. 2025 Q4 – Results – Earnings Call Presentation
• Neutral Sentiment: Analyst/press summaries and earnings highlights provide quick context on the beat and the negatives (YoY revenue decline; margin pressure). Useful for fast fact-checking. MGP Ingredients Inc (MGPI) Q4 2025 Earnings Call Highlights
• Negative Sentiment: FY2026 guidance was well below street expectations: EPS $1.50–1.80 (consensus ~2.51) and revenue $480M–$500M (consensus ~$519.6M). The guidance shortfall is the primary driver of downward price pressure. MGP Ingredients beats estimates but guides below expectations
• Negative Sentiment: Management outlined a $480M–$500M sales outlook tied to strategic portfolio rationalization — investors worry about near-term top-line contraction and the timing of benefits from the portfolio reshaping. MGP Ingredients outlines $480M-$500M sales outlook for 2026 as strategic portfolio rationalization advances
• Negative Sentiment: Market commentary and stock reaction pieces synthesize the beat-plus-guidance story and explain the sharp negative market move. These explain why sentiment turned quickly negative after the release. Why MGP Ingredients, Inc.’s (MGPI) Stock Is Down 20.34%
• Neutral Sentiment: Coverage comparing MGPI to peers (e.g., Constellation Brands) provides context on industry trends and relative valuation but is not the primary driver of today’s move. Analyzing Constellation Brands (NYSE:STZ) and MGP Ingredients (NASDAQ:MGPI)
• Positive Sentiment: Brand activity (Yellowstone Recollection Bourbon release) highlights ongoing commercialization and marketing support for core spirits brands. Yellowstone Revives Its Back Bar Bottle with Recollection Bourbon

Hedge Funds Weigh In On MGP Ingredients

Several institutional investors have recently added to or reduced their stakes in MGPI. Osaic Holdings Inc. boosted its stake in MGP Ingredients by 130.3% in the 2nd quarter. Osaic Holdings Inc. now owns 935 shares of the company’s stock worth $28,000 after buying an additional 529 shares during the last quarter. Global Retirement Partners LLC purchased a new position in shares of MGP Ingredients during the 4th quarter worth about $32,000. Quadrant Capital Group LLC boosted its position in shares of MGP Ingredients by 237.0% in the fourth quarter. Quadrant Capital Group LLC now owns 1,830 shares of the company’s stock worth $44,000 after acquiring an additional 1,287 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings in MGP Ingredients by 278.9% in the second quarter. Tower Research Capital LLC TRC now owns 1,883 shares of the company’s stock valued at $56,000 after purchasing an additional 1,386 shares during the period. Finally, iSAM Funds UK Ltd purchased a new stake in MGP Ingredients in the third quarter valued at approximately $96,000. 77.11% of the stock is currently owned by institutional investors and hedge funds.

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.