MGP Ingredients Inc

MGPI

NASDAQ. Currency in USD

109.30 -1.58 ( -1.42% )

Real time prices: December 19

Market Cap.
2.40B
Beta (5Y monthly)
0.94
Price/Earnings
24.32
EPS (TTM)
4.77
Forward Dividend
0.48 (0.42%)
Ex-Dividend Date
Nov 18, 2022
Volume
73,513
1y Target Est.
126.57
Day's Range
108.38
-
110.66
52 Week's Range
73.08
-
125.74

Historical Summary

Performance
EPS growth
Share Buybacks

About MGP Ingredients Inc

Sector
Consumer Defensive
Industry
Beverages-Wineries & Distilleries
Website
https://www.mgpingredients.com
Exchange
NASDAQ (XNAS)
Shares Outstanding
21.96M
Employees
672
Address
100 Commercial Street, Atchison, KS, United States, 66002
MGP Ingredients, Inc., together with its subsidiaries, produces and supplies distilled spirits, branded spirits, and food ingredients. It operates through three segments: Distillery Products; Branded Spirits; and Ingredient Solutions. The Distillery Products segment provides food grade alcohol for beverage applications that include bourbon and rye whiskeys, as well as grain neutral spirits, including vodka and gin; and food-grade industrial alcohol, which is used as an ingredient in foods, personal care products, cleaning solutions, pharmaceuticals, and various other products. This segment also provides fuel-grade alcohol for blending with gasoline; distillers feed and related co-products, such as distillers feed and corn oil; and warehouse services, including barrel put away, storage, and retrieval services, as well as blending services. The Branded Spirits segment provides ultra-premium, premium, mid, and value branded distilled spirits. The Ingredient Solutions segment provides specialty wheat starches for food applications under the Fibersym, Resistant Starch, and FiberRite RW Resistant Starch names; specialty wheat proteins for food applications under the Arise and Proterra names; gluten-free textured pea proteins; commodity wheat starch for food and non-food applications; and commodity wheat proteins. The company sells its products directly or through distributors to manufacturers and processors of finished packaged goods or to bakeries primarily in the United States, the United Kingdom, Japan, Thailand, Mexico, and Canada. MGP Ingredients, Inc. was founded in 1941 and is headquartered in Atchison, Kansas.

Latest news

The Zacks Analyst Blog Highlights Archer-Daniels-Midland, Campbell Soup, MGP Ingredients, Hershey's and e.l.f. Beauty
The Zacks Analyst Blog Highlights Archer-Daniels-Midland, Campbell Soup, MGP Ingredients, Hershey's and e.l.f. Beauty

Archer-Daniels-Midland, Campbell Soup, MGP Ingredients, Hershey's and e.l.f. Beauty are included in this Analyst Blog.
By Zacks Investment Research - 7 weeks ago

Top 5 Consumer Staples Picks YTD With Room to Grow in December
Top 5 Consumer Staples Picks YTD With Room to Grow in December

We have narrowed our search to five consumer staples stocks with strong growth potential for...
By Zacks Investment Research - 7 weeks ago

Recent Price Trend in MGP (MGPI) is Your Friend, Here's Why
Recent Price Trend in MGP (MGPI) is Your Friend, Here's Why

If you are looking for stocks that are well positioned to maintain their recent uptrend,...
By Zacks Investment Research - 7 weeks ago

Cannabis is eating into alcohol sales, analyst study shows
Cannabis is eating into alcohol sales, analyst study shows

Pot sales have taken a bite out of alcohol sales 10 years after voter approval...
By MarketWatch - 9 weeks ago

Cannabis is eating into alcohol sales, analyst study shows
Cannabis is eating into alcohol sales, analyst study shows

Pot sales have taken a bite out of alcohol sales 10 years after voter approval...
By MarketWatch - 9 weeks ago

Are Consumer Staples Stocks Lagging  MGP Ingredients (MGPI) This Year?
Are Consumer Staples Stocks Lagging MGP Ingredients (MGPI) This Year?

Here is how MGP (MGPI) and Smucker (SJM) have performed compared to their sector so...
By Zacks Investment Research - 9 weeks ago

The Zacks Analyst Blog Highlights Conagra Brands, General Mills, Lamb Weston Holdings  The J. M. Smucker and MGP Ingredients
The Zacks Analyst Blog Highlights Conagra Brands, General Mills, Lamb Weston Holdings The J. M. Smucker and MGP Ingredients

Conagra Brands, General Mills, Lamb Weston Holdings, The J. M. Smucker and MGP Ingredients are...
By Zacks Investment Research - 10 weeks ago

MGP Ingredients, Inc. (MGPI) Hit a 52 Week High, Can the Run Continue?
MGP Ingredients, Inc. (MGPI) Hit a 52 Week High, Can the Run Continue?

MGP (MGPI) is at a 52-week high, but can investors hope for more gains in...
By Zacks Investment Research - 10 weeks ago