MGP Ingredients (MGPI) Projected to Announce Earnings on Wednesday

MGP Ingredients (NASDAQ:MGPIGet Free Report) will likely be posting its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect MGP Ingredients to post 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 may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 10:00 AM ET.

MGP Ingredients (NASDAQ:MGPIGet Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.04 by $0.11. MGP Ingredients had a positive return on equity of 7.48% and a negative net margin of 45.70%.The business had revenue of $106.43 million for the quarter, compared to analyst estimates of $105.32 million. During the same quarter in the previous year, the firm earned $0.36 EPS. MGP Ingredients’s quarterly revenue was down 12.5% on a year-over-year basis. 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 Price Performance

Shares of NASDAQ:MGPI opened at $17.69 on Monday. The company’s fifty day moving average is $17.13 and its 200-day moving average is $19.85. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.56 and a current ratio of 2.74. MGP Ingredients has a 52 week low of $15.72 and a 52 week high of $31.95. The company has a market capitalization of $378.04 million, a PE ratio of -1.59 and a beta of 0.46.

MGP Ingredients Dividend Announcement

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

Insider Buying and Selling at MGP Ingredients

In related news, major shareholder Caroline Lux Kaplan sold 30,000 shares of MGP Ingredients stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $17.82, for a total transaction of $534,600.00. Following the completion of the transaction, the insider owned 500,958 shares in the company, valued at approximately $8,927,071.56. This trade represents a 5.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 31.70% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of MGPI. Brooklyn Investment Group bought a new position in MGP Ingredients in the fourth quarter valued at approximately $428,000. CANADA LIFE ASSURANCE Co lifted its stake in MGP Ingredients by 18.1% during the second quarter. CANADA LIFE ASSURANCE Co now owns 12,328 shares of the company’s stock worth $369,000 after purchasing an additional 1,886 shares during the last quarter. Norges Bank acquired a new stake in shares of MGP Ingredients in the 2nd quarter valued at $342,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of MGP Ingredients by 4.8% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,446 shares of the company’s stock valued at $248,000 after purchasing an additional 390 shares during the last quarter. Finally, Franklin Resources Inc. lifted its position in shares of MGP Ingredients by 44.2% during the 3rd quarter. Franklin Resources Inc. now owns 9,959 shares of the company’s stock worth $241,000 after buying an additional 3,051 shares during the last quarter. Institutional investors and hedge funds own 77.11% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Analysis on MGPI

MGP Ingredients Company Profile

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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.

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Earnings History for MGP Ingredients (NASDAQ:MGPI)

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