MGP Ingredients (MGPI) Set to Announce Quarterly Earnings on Wednesday

MGP Ingredients (NASDAQ:MGPI) is expected to issue its Q3 2026 results before the market opens on Wednesday, October 28th. Analysts expect MGP Ingredients to post earnings of $0.3244 per share and revenue of $119.70 million for the quarter. MGP Ingredients has set its FY 2026 guidance at 1.500-1.800 EPS. Investors may visit the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 10:00 AM ET.

MGP Ingredients (NASDAQ:MGPI) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.49 by $0.23. The firm had revenue of $124.36 million for the quarter, compared to analyst estimates of $125.16 million. MGP Ingredients had a positive return on equity of 7.41% and a negative net margin of 48.08%. The firm’s quarterly revenue was down 14.5% on a year-over-year basis. During the same period last year, the company earned $0.97 EPS. On average, analysts expect MGP Ingredients to post $1.65 EPS for the current fiscal year and $1.94 EPS for the next fiscal year.

MGP Ingredients Stock Up 0.7%

MGPI opened at $15.13 on Wednesday. The company has a debt-to-equity ratio of 0.61, a current ratio of 6.99 and a quick ratio of 1.65. The stock has a market capitalization of $323.99 million, a price-to-earnings ratio of -1.34 and a beta of 0.49. The business has a 50-day moving average of $15.26 and a two-hundred day moving average of $17.00. MGP Ingredients has a 12 month low of $12.42 and a 12 month high of $26.77.

MGP Ingredients Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 14th were issued a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 3.2%. The ex-dividend date was Friday, August 14th. MGP Ingredients’s dividend payout ratio is presently -4.26%.

Insider Buying and Selling at MGP Ingredients

In related news, insider Leslie Lux sold 27,731 shares of MGP Ingredients stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $14.40, for a total value of $399,326.40. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Paul Lux sold 33,000 shares of the company’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $17.76, for a total value of $586,080.00. Following the sale, the insider owned 550,458 shares of the company’s stock, valued at $9,776,134.08. This represents a 5.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 31.70% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on MGPI shares. Wells Fargo & Company cut their price objective on shares of MGP Ingredients from $22.00 to $17.00 and set an “overweight” rating on the stock in a report on Monday, October 5th. Roth Capital lowered their target price on shares of MGP Ingredients from $32.00 to $30.00 and set a “buy” rating for the company in a report on Friday. Weiss Ratings restated a “sell (d-)” rating on shares of MGP Ingredients in a report on Friday, July 31st. Finally, TD Cowen upped their price target on shares of MGP Ingredients from $18.00 to $20.00 and gave the stock a “hold” rating in a research report on Thursday, July 30th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $25.50.

MGP Ingredients Company Profile

MGP Ingredients, Inc (NASDAQ: MGPI) is a food and beverage company headquartered in Atchison, Kansas. The company develops and produces distilled spirits, specialty wheat proteins, and specialty starches for consumer brands, food manufacturers, and other commercial customers.

Through its branded spirits business, MGP offers a portfolio of bourbon, rye whiskey, American whiskey, vodka, gin, and other distilled products. Its brands include Lux Row Distillers’ Ezra Brooks, Daviess County, and Yellowstone Bourbon, as well as Remus Repeal Reserve.