MGP Ingredients, Inc. (NASDAQ:MGPI) Given Average Rating of “Hold” by Brokerages

Posted by Brenda Bartman on Aug 16th, 2026

MGP Ingredients, Inc. (NASDAQ:MGPI – Get Free Report) has received a consensus recommendation of “Hold” from the six research firms that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $27.25.

A number of analysts recently commented on MGPI shares. Wells Fargo & Company lifted their target price on shares of MGP Ingredients from $21.00 to $22.00 and gave the stock an “overweight” rating in a research note on Thursday, July 30th. Zacks Research upgraded shares of MGP Ingredients from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 28th. TD Cowen raised their price target on shares of MGP Ingredients from $18.00 to $20.00 and gave the stock a “hold” rating in a report on Thursday, July 30th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of MGP Ingredients in a research note on Friday, July 31st.

Check Out Our Latest Stock Analysis on MGPI

MGP Ingredients Trading Down 2.4%

MGP Ingredients stock opened at $17.72 on Friday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.65 and a current ratio of 6.99. The stock has a market cap of $379.39 million, a PE ratio of -1.57 and a beta of 0.47. The stock has a 50-day moving average of $17.22 and a two-hundred day moving average of $19.17. MGP Ingredients has a one year low of $15.72 and a one year high of $30.60.

MGP Ingredients (NASDAQ:MGPI – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.23. MGP Ingredients had a positive return on equity of 7.41% and a negative net margin of 48.08%.The business had revenue of $124.36 million for the quarter, compared to analyst estimates of $125.16 million. During the same quarter in the previous year, the firm earned $0.97 earnings per share. The company’s revenue was down 14.5% on a year-over-year basis. MGP Ingredients has set its FY 2026 guidance at 1.500-1.800 EPS. On average, research analysts anticipate that MGP Ingredients will post 1.65 EPS for the current fiscal year.

MGP Ingredients Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be paid a $0.12 dividend. The ex-dividend date is Friday, August 14th. This represents a $0.48 dividend on an annualized basis and a yield of 2.7%. MGP Ingredients’s dividend payout ratio (DPR) is -4.26%.

Insider Buying and Selling

In other MGP Ingredients news, major shareholder Caroline Lux Kaplan sold 30,000 shares of the business’s 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 sale, the insider owned 500,958 shares in the company, valued at approximately $8,927,071.56. The trade was a 5.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 31.70% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of MGPI. Federated Hermes Inc. lifted its holdings in shares of MGP Ingredients by 45.7% during the fourth quarter. Federated Hermes Inc. now owns 1,437,836 shares of the company’s stock worth $34,939,000 after purchasing an additional 450,713 shares during the period. BlackRock Inc. acquired a new position in MGP Ingredients in the 2nd quarter worth approximately $22,258,000. Vanguard Group Inc. raised its position in MGP Ingredients by 8.9% during the 3rd quarter. Vanguard Group Inc. now owns 1,222,672 shares of the company’s stock worth $29,576,000 after buying an additional 99,995 shares during the last quarter. Dimensional Fund Advisors LP raised its position in MGP Ingredients by 11.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 760,128 shares of the company’s stock worth $13,979,000 after buying an additional 78,849 shares during the last quarter. Finally, Tieton Capital Management LLC purchased a new position in MGP Ingredients during the 2nd quarter worth approximately $11,252,000. 77.11% of the stock is currently owned by hedge funds and other institutional investors.

MGP Ingredients Company Profile

(Get Free Report)

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.