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MGP Ingredients (MGPI) Stock

Profile

Country:

United States

IPO:

21 October 1988

Indexes:

Not included

Description:

MGP Ingredients Inc - a manufacturer and supplier of premium class distilled spirits, as well as food ingredients made from wheat protein and starch. MGP also produces high-quality technical alcohol for use in both food and non-food industries. It operates in two segments: distilled spirits and ingredients. Distillery Products provides by-products of the distillery, such as feed for distillers, fuel alcohol and corn oil, as well as warehouse services, including barrel storage, placement, and retrieval services. The majority of its revenue comes from the distilled spirits segment. MGP Ingredients, Inc. was founded in 1941, and its headquarters is located in Atchison, Kansas.

Key Details

Price

$38.61

TTM Dividend Yield

1.24%(+138.46% YoY)

PE Ratio

8.03(-58.48% YoY)

Beta

0.29

Events Calendar

Earnings

Next earnings date:

Feb 21, 2025

Recent quarterly earnings:

Oct 31, 2024

Recent annual earnings:

Feb 22, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Nov 15, 2024
Splits

Next split:

N/A

Recent split:

July 16, 2004

Analyst ratings

Recent major analysts updates

23 Dec '24 Roth MKM
Buy
06 Nov '24 TD Cowen
Hold
04 Nov '24 Roth MKM
Buy
01 Nov '24 Truist Securities
Buy
22 Oct '24 Truist Securities
Buy
18 Oct '24 Roth MKM
Buy
18 Oct '24 Lake Street
Hold
16 Oct '24 Truist Securities
Buy
25 July '24 Roth MKM
Buy
03 May '24 Roth MKM
Buy

Market Data

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Institutional Ownership

Levi & Korsinsky Notifies Shareholders of MGP Ingredients, Inc.(MGPI) of a Class Action Lawsuit and an Upcoming Deadline
Levi & Korsinsky Notifies Shareholders of MGP Ingredients, Inc.(MGPI) of a Class Action Lawsuit and an Upcoming Deadline
Levi & Korsinsky Notifies Shareholders of MGP Ingredients, Inc.(MGPI) of a Class Action Lawsuit and an Upcoming Deadline
MGPI
accesswire.com06 January 2025

NEW YORK, NY / ACCESSWIRE / January 6, 2025 / If you suffered a loss on your MGP Ingredients, Inc. (NASDAQ:MGPI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/mgp-ingredients-inc-lawsuit-submission-form?prid=121079&wire=1 or contact Joseph E. Levi, Esq.

Class Action Filed Against MGP Ingredients, Inc. (MGPI) - February 14, 2025 Deadline to Join - Contact Levi & Korsinsky
Class Action Filed Against MGP Ingredients, Inc. (MGPI) - February 14, 2025 Deadline to Join - Contact Levi & Korsinsky
Class Action Filed Against MGP Ingredients, Inc. (MGPI) - February 14, 2025 Deadline to Join - Contact Levi & Korsinsky
MGPI
accesswire.com06 January 2025

NEW YORK, NY / ACCESSWIRE / January 6, 2025 / If you suffered a loss on your MGP Ingredients, Inc. (NASDAQ:MGPI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/mgp-ingredients-inc-lawsuit-submission-form?prid=121052&wire=1 or contact Joseph E. Levi, Esq.

MGPI Investors Have Opportunity to Lead MGP Ingredients, Inc. Securities Fraud Lawsuit with the Schall Law Firm
MGPI Investors Have Opportunity to Lead MGP Ingredients, Inc. Securities Fraud Lawsuit with the Schall Law Firm
MGPI Investors Have Opportunity to Lead MGP Ingredients, Inc. Securities Fraud Lawsuit with the Schall Law Firm
MGPI
prnewswire.com06 January 2025

LOS ANGELES , Jan. 6, 2025 /PRNewswire/ -- The Schall Law Firm , a national shareholder rights litigation firm, reminds investors of a class action lawsuit against MGP Ingredients, Inc. ("MGP Ingredients" or "the Company") (NASDAQ: MGPI) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between May 4, 2023 to October 30, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before February 14, 2025.

Shareholders that Lost Money on MGP Ingredients, Inc. (MGPI) Should Contact Levi & Korsinsky About Pending Class Action - MGPI
Shareholders that Lost Money on MGP Ingredients, Inc. (MGPI) Should Contact Levi & Korsinsky About Pending Class Action - MGPI
Shareholders that Lost Money on MGP Ingredients, Inc. (MGPI) Should Contact Levi & Korsinsky About Pending Class Action - MGPI
MGPI
accesswire.com06 January 2025

NEW YORK, NY / ACCESSWIRE / January 6, 2025 / If you suffered a loss on your MGP Ingredients, Inc. (NASDAQ:MGPI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/mgp-ingredients-inc-lawsuit-submission-form?prid=120832&wire=1 or contact Joseph E. Levi, Esq.

MGPI INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Reminds Investors of MGP Ingredients, Inc. to Contact the Firm Today!
MGPI INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Reminds Investors of MGP Ingredients, Inc. to Contact the Firm Today!
MGPI INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Reminds Investors of MGP Ingredients, Inc. to Contact the Firm Today!
MGPI
accesswire.com06 January 2025

NEW YORK, NY / ACCESSWIRE / January 6, 2025 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against MGP Ingredients, Inc. ("MGP Ingredients" or "the Company") (NASDAQ:MGPI) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired MGP Ingredients securities between May 3, 2023 and October 30, 2024, both dates inclusive (the "Class Period").

Class Action Filed Against MGP Ingredients, Inc. (MGPI) Seeking Recovery for Investors - Contact Levi & Korsinsky
Class Action Filed Against MGP Ingredients, Inc. (MGPI) Seeking Recovery for Investors - Contact Levi & Korsinsky
Class Action Filed Against MGP Ingredients, Inc. (MGPI) Seeking Recovery for Investors - Contact Levi & Korsinsky
MGPI
accesswire.com05 January 2025

NEW YORK, NY / ACCESSWIRE / January 5, 2025 / If you suffered a loss on your MGP Ingredients, Inc. (NASDAQ:MGPI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/mgp-ingredients-inc-lawsuit-submission-form?prid=120770&wire=1 or contact Joseph E. Levi, Esq.

Shareholders that lost money on MGP Ingredients, Inc.(MGPI) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More
Shareholders that lost money on MGP Ingredients, Inc.(MGPI) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More
Shareholders that lost money on MGP Ingredients, Inc.(MGPI) Urged to Join Class Action - Contact Levi & Korsinsky to Learn More
MGPI
accesswire.com05 January 2025

NEW YORK, NY / ACCESSWIRE / January 5, 2025 / If you suffered a loss on your MGP Ingredients, Inc. (NASDAQ:MGPI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/mgp-ingredients-inc-lawsuit-submission-form?prid=120683&wire=1 or contact Joseph E. Levi, Esq.

MGPI Stockholders Have Opportunity to Lead MGP Ingredients, Inc. Class Action Lawsuit – Contact Bronstein, Gewirtz and Grossman, LLC Today!
MGPI Stockholders Have Opportunity to Lead MGP Ingredients, Inc. Class Action Lawsuit – Contact Bronstein, Gewirtz and Grossman, LLC Today!
MGPI Stockholders Have Opportunity to Lead MGP Ingredients, Inc. Class Action Lawsuit – Contact Bronstein, Gewirtz and Grossman, LLC Today!
MGPI
accesswire.com05 January 2025

NEW YORK, NY / ACCESSWIRE / January 5, 2025 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against MGP Ingredients, Inc. ("MGP Ingredients" or "the Company") (NASDAQ:MGPI) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired MGP Ingredients securities between May 3, 2023 and October 30, 2024, both dates inclusive (the "Class Period").

Class Action Filed Against MGP Ingredients, Inc. (MGPI) Seeking Recovery for Investors - Contact Levi & Korsinsky
Class Action Filed Against MGP Ingredients, Inc. (MGPI) Seeking Recovery for Investors - Contact Levi & Korsinsky
Class Action Filed Against MGP Ingredients, Inc. (MGPI) Seeking Recovery for Investors - Contact Levi & Korsinsky
MGPI
accesswire.com05 January 2025

NEW YORK, NY / ACCESSWIRE / January 5, 2025 / If you suffered a loss on your MGP Ingredients, Inc. (NASDAQ:MGPI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/mgp-ingredients-inc-lawsuit-submission-form?prid=120723&wire=1 or contact Joseph E. Levi, Esq.

MGPI Class Action Lawsuit Reminder: Kessler Topaz Meltzer & Check, LLP Reminds MGP Ingredients, Inc. (MGPI) Investors that a Securities Fraud Class Action Lawsuit Has Been Filed
MGPI Class Action Lawsuit Reminder: Kessler Topaz Meltzer & Check, LLP Reminds MGP Ingredients, Inc. (MGPI) Investors that a Securities Fraud Class Action Lawsuit Has Been Filed
MGPI Class Action Lawsuit Reminder: Kessler Topaz Meltzer & Check, LLP Reminds MGP Ingredients, Inc. (MGPI) Investors that a Securities Fraud Class Action Lawsuit Has Been Filed
MGPI
globenewswire.com04 January 2025

RADNOR, Pa., Jan. 04, 2025 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York against MGP Ingredients, Inc. (“MGPI”) (NASDAQ: MGPI) on behalf of those who purchased or otherwise acquired MGPI common stock between May 4, 2023, and October 30, 2024, inclusive (the “Class Period”). The lead plaintiff deadline is February 14, 2025.

FAQ

  • What is the primary business of MGP Ingredients?
  • What is the ticker symbol for MGP Ingredients?
  • Does MGP Ingredients pay dividends?
  • What sector is MGP Ingredients in?
  • What industry is MGP Ingredients in?
  • What country is MGP Ingredients based in?
  • When did MGP Ingredients go public?
  • Is MGP Ingredients in the S&P 500?
  • Is MGP Ingredients in the NASDAQ 100?
  • Is MGP Ingredients in the Dow Jones?
  • When was MGP Ingredients's last earnings report?
  • When does MGP Ingredients report earnings?
  • Should I buy MGP Ingredients stock now?

What is the primary business of MGP Ingredients?

MGP Ingredients Inc - a manufacturer and supplier of premium class distilled spirits, as well as food ingredients made from wheat protein and starch. MGP also produces high-quality technical alcohol for use in both food and non-food industries. It operates in two segments: distilled spirits and ingredients. Distillery Products provides by-products of the distillery, such as feed for distillers, fuel alcohol and corn oil, as well as warehouse services, including barrel storage, placement, and retrieval services. The majority of its revenue comes from the distilled spirits segment. MGP Ingredients, Inc. was founded in 1941, and its headquarters is located in Atchison, Kansas.

What is the ticker symbol for MGP Ingredients?

The ticker symbol for MGP Ingredients is NASDAQ:MGPI

Does MGP Ingredients pay dividends?

Yes, MGP Ingredients pays dividends. The last payment was $0.12, with an ex-dividend date on 15 November 2024

What sector is MGP Ingredients in?

MGP Ingredients is in the Consumer Defensive sector

What industry is MGP Ingredients in?

MGP Ingredients is in the Wineries & Distilleries industry

What country is MGP Ingredients based in?

MGP Ingredients is headquartered in United States

When did MGP Ingredients go public?

MGP Ingredients's initial public offering (IPO) was on 21 October 1988

Is MGP Ingredients in the S&P 500?

No, MGP Ingredients is not included in the S&P 500 index

Is MGP Ingredients in the NASDAQ 100?

No, MGP Ingredients is not included in the NASDAQ 100 index

Is MGP Ingredients in the Dow Jones?

No, MGP Ingredients is not included in the Dow Jones index

When was MGP Ingredients's last earnings report?

MGP Ingredients's most recent earnings report was on 31 October 2024

When does MGP Ingredients report earnings?

The next expected earnings date for MGP Ingredients is 21 February 2025

Should I buy MGP Ingredients stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions