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MGP Ingredients NasdaqGS:MGPI Stock Report

Last Price

US$46.62

Market Cap

US$1.0b

7D

-7.8%

1Y

-49.7%

Updated

20 Nov, 2024

Data

Company Financials +

MGP Ingredients, Inc.

NasdaqGS:MGPI Stock Report

Market Cap: US$1.0b

MGPI Stock Overview

Engages in the production and supply of distilled spirits, branded spirits, and food ingredients in the United States and internationally. More details

MGPI fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends3/6

MGP Ingredients, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MGP Ingredients
Historical stock prices
Current Share PriceUS$46.62
52 Week HighUS$102.42
52 Week LowUS$45.44
Beta0.65
11 Month Change-20.53%
3 Month Change-47.52%
1 Year Change-49.74%
33 Year Change-36.97%
5 Year Change0.87%
Change since IPO824.69%

Recent News & Updates

MGP Ingredients (NASDAQ:MGPI) Is Posting Promising Earnings But The Good News Doesn’t Stop There

Nov 07
MGP Ingredients (NASDAQ:MGPI) Is Posting Promising Earnings But The Good News Doesn’t Stop There

MGP Ingredients (NASDAQ:MGPI) Has Announced A Dividend Of $0.12

Nov 04
MGP Ingredients (NASDAQ:MGPI) Has Announced A Dividend Of $0.12

Recent updates

MGP Ingredients (NASDAQ:MGPI) Is Posting Promising Earnings But The Good News Doesn’t Stop There

Nov 07
MGP Ingredients (NASDAQ:MGPI) Is Posting Promising Earnings But The Good News Doesn’t Stop There

MGP Ingredients (NASDAQ:MGPI) Has Announced A Dividend Of $0.12

Nov 04
MGP Ingredients (NASDAQ:MGPI) Has Announced A Dividend Of $0.12

MGP Ingredients: Getting Caught In Weak Spirit Demand In Q3

Oct 21

MGP Ingredients (NASDAQ:MGPI) Has A Pretty Healthy Balance Sheet

Oct 19
MGP Ingredients (NASDAQ:MGPI) Has A Pretty Healthy Balance Sheet

Positive Sentiment Still Eludes MGP Ingredients, Inc. (NASDAQ:MGPI) Following 27% Share Price Slump

Oct 19
Positive Sentiment Still Eludes MGP Ingredients, Inc. (NASDAQ:MGPI) Following 27% Share Price Slump

MGP Ingredients, Inc.'s (NASDAQ:MGPI) Earnings Haven't Escaped The Attention Of Investors

Aug 27
MGP Ingredients, Inc.'s (NASDAQ:MGPI) Earnings Haven't Escaped The Attention Of Investors

Intrinsic Valuation Of MGP Ingredients Reveals It's Overvalued

Aug 04

MGP Ingredients (NASDAQ:MGPI) Seems To Use Debt Quite Sensibly

Jul 12
MGP Ingredients (NASDAQ:MGPI) Seems To Use Debt Quite Sensibly

MGP Ingredients: Modest Organic Growth Likely Ahead After 2024 Distillery Closure

Jun 18

MGP Ingredients, Inc. (NASDAQ:MGPI) Might Not Be As Mispriced As It Looks

May 24
MGP Ingredients, Inc. (NASDAQ:MGPI) Might Not Be As Mispriced As It Looks

MGP Ingredients: Tax Tariff Extension And Move Away From White Goods

Feb 07

We Think MGP Ingredients (NASDAQ:MGPI) Can Stay On Top Of Its Debt

Jan 05
We Think MGP Ingredients (NASDAQ:MGPI) Can Stay On Top Of Its Debt

MGP Ingredients, Inc.'s (NASDAQ:MGPI) P/E Is On The Mark

Dec 18
MGP Ingredients, Inc.'s (NASDAQ:MGPI) P/E Is On The Mark

Is Now The Time To Look At Buying MGP Ingredients, Inc. (NASDAQ:MGPI)?

Nov 30
Is Now The Time To Look At Buying MGP Ingredients, Inc. (NASDAQ:MGPI)?

Is MGP Ingredients (NASDAQ:MGPI) Using Too Much Debt?

May 23
Is MGP Ingredients (NASDAQ:MGPI) Using Too Much Debt?

Is There An Opportunity With MGP Ingredients, Inc.'s (NASDAQ:MGPI) 34% Undervaluation?

May 07
Is There An Opportunity With MGP Ingredients, Inc.'s (NASDAQ:MGPI) 34% Undervaluation?

What Is MGP Ingredients, Inc.'s (NASDAQ:MGPI) Share Price Doing?

Mar 09
What Is MGP Ingredients, Inc.'s (NASDAQ:MGPI) Share Price Doing?

Does MGP Ingredients (NASDAQ:MGPI) Have A Healthy Balance Sheet?

Jan 15
Does MGP Ingredients (NASDAQ:MGPI) Have A Healthy Balance Sheet?

Shareholder Returns

MGPIUS BeverageUS Market
7D-7.8%-2.6%-1.2%
1Y-49.7%-1.2%30.4%

Return vs Industry: MGPI underperformed the US Beverage industry which returned -1.2% over the past year.

Return vs Market: MGPI underperformed the US Market which returned 30.4% over the past year.

Price Volatility

Is MGPI's price volatile compared to industry and market?
MGPI volatility
MGPI Average Weekly Movement8.9%
Beverage Industry Average Movement3.8%
Market Average Movement6.2%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market3.1%

Stable Share Price: MGPI has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: MGPI's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1941705David Bratcherwww.mgpingredients.com

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. The Distillery Solutions segment provides food grade alcohol for beverage applications that include bourbon, rye, whiskeys, as well as grain neutral spirits, include vodka and gin; and food-grade industrial alcohol, which is used as an ingredient in food products, personal care products, cleaning solutions, pharmaceuticals, and various other products.

MGP Ingredients, Inc. Fundamentals Summary

How do MGP Ingredients's earnings and revenue compare to its market cap?
MGPI fundamental statistics
Market capUS$1.02b
Earnings (TTM)US$106.55m
Revenue (TTM)US$737.72m

9.6x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MGPI income statement (TTM)
RevenueUS$737.72m
Cost of RevenueUS$440.73m
Gross ProfitUS$296.99m
Other ExpensesUS$190.44m
EarningsUS$106.55m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.85
Gross Margin40.26%
Net Profit Margin14.44%
Debt/Equity Ratio31.8%

How did MGPI perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

10%

Payout Ratio

Does MGPI pay a reliable dividends?

See MGPI dividend history and benchmarks
When do you need to buy MGPI by to receive an upcoming dividend?
MGP Ingredients dividend dates
Ex Dividend DateNov 15 2024
Dividend Pay DateNov 29 2024
Days until Ex dividend6 days
Days until Dividend pay date8 days

Does MGPI pay a reliable dividends?

See MGPI dividend history and benchmarks