MGP Ingredients, Inc., together with its subsidiaries, produces and supplies distilled spirits, and specialty wheat proteins and starch food ingredients. It operates through two segments, Distillery Products 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 Ingredient Solutions segment provides specialty wheat starches for food applications under the Fibersym Resistant Starch, FiberRite RW Resistant Starch, Pregel Instant Starch, and Midsol Cook-up 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, Japan, Thailand, Mexico, and Canada. MGP Ingredients, Inc. was founded in 1941 and is headquartered in Atchison, Kansas.
IPO Year:
Exchange: NASDAQ
Website: mgpingredients.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/27/2025 | $55.00 → $45.00 | Hold → Buy | Lake Street |
| 11/6/2024 | $66.00 → $50.00 | Buy → Hold | TD Cowen |
| 10/18/2024 | $135.00 → $75.00 | Buy → Hold | Lake Street |
| 10/11/2022 | $125.00 | Outperform | Wedbush |
| 8/15/2022 | $126.00 | Overweight | Wells Fargo |
| 6/30/2022 | $115.00 | Buy | ROTH Capital |
| 2/22/2022 | $100.00 | Buy | Lake Street |
| 1/21/2022 | $99.00 | Outperform | Cowen & Co. |
| 11/29/2021 | $80.00 → $100.00 | Hold → Buy | Truist Securities |
Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.
4 - MGP INGREDIENTS INC (0000835011) (Issuer)
4 - MGP INGREDIENTS INC (0000835011) (Issuer)
4 - MGP INGREDIENTS INC (0000835011) (Issuer)
4 - MGP INGREDIENTS INC (0000835011) (Issuer)
4 - MGP INGREDIENTS INC (0000835011) (Issuer)
10-Q - MGP INGREDIENTS INC (0000835011) (Filer)
8-K - MGP INGREDIENTS INC (0000835011) (Filer)
8-K - MGP INGREDIENTS INC (0000835011) (Filer)
8-K - MGP INGREDIENTS INC (0000835011) (Filer)
DEFA14A - MGP INGREDIENTS INC (0000835011) (Filer)
144 - MGP INGREDIENTS INC (0000835011) (Subject)
10-Q - MGP INGREDIENTS INC (0000835011) (Filer)
8-K - MGP INGREDIENTS INC (0000835011) (Filer)
8-K - MGP INGREDIENTS INC (0000835011) (Filer)
DEF 14A - MGP INGREDIENTS INC (0000835011) (Filer)
Fastest customizable press release news feed in the world
September marks the ninth annual release of the award-winning, limited-edition series from Remus Bourbon featuring a medley of four high-rye bourbons aged between 10 and 18 years ST. LOUIS, Aug. 18, 2025 /PRNewswire/ -- Remus Bourbon, the award-winning whiskey inspired by the roaring spirit of the Prohibition era, announced the release of Remus Repeal Reserve Series IX Straight Bourbon Whiskey. The highly anticipated annual release from the historic Ross & Squibb Distillery in Lawrenceburg, Indiana, is a rare bourbon comprising their best stocks. Aged between 10 and 18 years,
Latest release in the red-hot segment expands Penelope's range of convenient and high-quality bottled cocktail offerings ST. LOUIS, Aug. 6, 2025 /PRNewswire/ -- On the heels of its successful debut in the ready-to-pour market with its first-ever bottled cocktail, Peach Old Fashioned, Penelope Bourbon released its second award-winning handcrafted cocktail innovation – Black Walnut Old Fashioned. Perfect for summer occasions from backyard soirees to casual moments at home, Black Walnut Old Fashioned is Penelope's latest modern take on the favorite classic cocktail. Penelope doub
The New Collection of Premium Cocktails Offers Three Distinct Bourbon-Based Expressions That Blend the Brand's 150-Year Heritage With Convenience and Sustainability ST. LOUIS, Aug. 5, 2025 /PRNewswire/ -- Today, Yellowstone Bourbon, the historic bourbon brand known for its rich Kentucky heritage, announced the launch of Yellowstone Cocktails, a new offering of premium ready-to-serve cocktails. Made with award-winning Yellowstone Kentucky Straight Bourbon and all-natural ingredients, Yellowstone Cocktails feature modern flavors to meet the needs and tastes of today's whiskey-drinkers, and cater to the increased demand of consumers looking for convenient, high-quality and spirits-based ready-t
Solid second quarter results; Reaffirms 2025 sales and adjusted earnings outlook MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today reported results for the second quarter ended June 30, 2025. "Our second quarter results came in largely as expected as we delivered solid execution and sequential improvement across all three business segments. Our decisive actions to improve visibility with our customers are working as second quarter brown goods volume and price declines were in line with our expectations. Our teams remain tightly focused on key initiatives and continue to execute on our strategic priorities, which
MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits as well as food ingredient solutions, today announced that its board of directors has declared a quarterly dividend of $0.12 per share of common stock. The dividend is payable on August 29, 2025 to stockholders of record as of August 15, 2025. About MGP Ingredients, Inc. MGP Ingredients Inc. (NASDAQ:MGPI) has been formulating excellence since 1941 by bringing product ideas to life across the alcoholic beverage and specialty ingredient industries through three segments: Branded Spirits, Distilling Solutions, and Ingredient Solutions. MGPI is one of the leading spirits distillers with an award-winni
MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today announced that it will report results for the second quarter ended June 30, 2025, on Thursday, July 31, at 10 a.m. ET. The company expects to release its financial results before the markets open. Management, including Julie Francis, President and CEO, Brandon Gall, CFO, and Mark Davidson, Corporate Controller and Head of Treasury, will hold a conference call to discuss these results. Please visit the "News and Events" section of the company's Investor Relations section at ir.mgpingredients.com/news-events to access the live webcast. Investors can also dial 844-3
Reaffirms full year 2025 financial outlook MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, announced the company's Board of Directors has appointed Julie Francis as President and Chief Executive Officer of MGP, effective today. It is anticipated that Francis will join the MGP Board at the 2026 Annual Meeting of Stockholders. Brandon Gall, who has served as Interim President and Chief Executive Officer since January 1, 2025, will continue to serve in his role as Chief Financial Officer. "Julie is a proven leader with decades of experience driving growth and value creation across the food and beverage space, making he
Award-winning 100 proof wheated bourbon returns in limited quantities ST. LOUIS, July 10, 2025 /PRNewswire/ -- Bardstown, Kentucky-based Rebel Bourbon announced the annual release of award-winning Rebel 10-Year Single Barrel Bourbon. Aged for a full decade, Rebel 10-Year is bottled one barrel at a time – a process that creates a rich and rebellious flavor profile unique to each barrel. Bottled at 100 proof (50% ABV), a limited allocation of 2,600 (6-in) cases of 750mL bottles arrive on shelf this month at a minimum suggested retail price of $99.99. Handcrafted according to Re
Fourth-generation Master Distiller Graciela Gonzalez brings an old family recipe back to life with Cortada™ Blanco and Reposado Smoked Tequila, debuting in Denver this summer ST. LOUIS, June 10, 2025 /PRNewswire/ -- Luxco, Inc. announces the launch of Cortada Smoked Tequila – a new premium tequila cut with a whisper of smoke. Offering both Blanco and Reposado varieties, Cortada Smoked Tequila is available exclusively in Denver and through e-commerce in partnership with Shared Pour. Cortada Smoked Tequila Blanco retails for $49.99 USD and Cortada Smoked Tequila Reposado retails for $54.99 USD.
The 2025 edition pays homage to the Sultan of Swat with a new medley of three mash bills, inspired by Babe's legendary #3 ST. LOUIS, June 9, 2025 /PRNewswire/ -- The Bambino is taking a curtain call. Remus Bourbon, the award-winning whiskey inspired by the roaring spirit of the prohibition, is proud to announce the next chapter of its official partnership with the Babe Ruth Family – the ultra-limited 2025 Remus Babe Ruth Reserve. In tribute to the true legend from that era, a limited supply of 8,399 bottles, one for each of the Babe's at-bats, will arrive at retail this month at a minimum suggested price of $149.99 per 750mL bottle.
Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.
4 - MGP INGREDIENTS INC (0000835011) (Issuer)
3 - MGP INGREDIENTS INC (0000835011) (Issuer)
4 - MGP INGREDIENTS INC (0000835011) (Issuer)
4 - MGP INGREDIENTS INC (0000835011) (Issuer)
4 - MGP INGREDIENTS INC (0000835011) (Issuer)
4 - MGP INGREDIENTS INC (0000835011) (Issuer)
4 - MGP INGREDIENTS INC (0000835011) (Issuer)
4 - MGP INGREDIENTS INC (0000835011) (Issuer)
4 - MGP INGREDIENTS INC (0000835011) (Issuer)
3 - MGP INGREDIENTS INC (0000835011) (Issuer)
Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.
Lake Street upgraded MGP Ingredients from Hold to Buy and set a new price target of $45.00 from $55.00 previously
TD Cowen downgraded MGP Ingredients from Buy to Hold and set a new price target of $50.00 from $66.00 previously
Lake Street downgraded MGP Ingredients from Buy to Hold and set a new price target of $75.00 from $135.00 previously
Wedbush initiated coverage of MGP Ingredients with a rating of Outperform and set a new price target of $125.00
Wells Fargo initiated coverage of MGP Ingredients with a rating of Overweight and set a new price target of $126.00
ROTH Capital initiated coverage of MGP Ingredients with a rating of Buy and set a new price target of $115.00
Lake Street initiated coverage of MGP Ingredients with a rating of Buy and set a new price target of $100.00
Cowen & Co. initiated coverage of MGP Ingredients with a rating of Outperform and set a new price target of $99.00
Truist Securities upgraded MGP Ingredients from Hold to Buy and set a new price target of $100.00 from $80.00 previously
Truist Securities downgraded MGP Ingredients from Buy to Hold
Live Leadership Updates
Reaffirms full year 2025 financial outlook MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, announced the company's Board of Directors has appointed Julie Francis as President and Chief Executive Officer of MGP, effective today. It is anticipated that Francis will join the MGP Board at the 2026 Annual Meeting of Stockholders. Brandon Gall, who has served as Interim President and Chief Executive Officer since January 1, 2025, will continue to serve in his role as Chief Financial Officer. "Julie is a proven leader with decades of experience driving growth and value creation across the food and beverage space, making he
MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, is pleased to announce the election of Gerardo "Gerry" Lopez and Martin Roper to its Board of Directors, bringing extensive industry and operational expertise to further strengthen its Board. Concurrent with these appointments, Preet Michelson has resigned as a member of the Board. Following these changes, the Board will return to nine directors, eight of whom are independent directors. Donn Lux, Chairman of the Board, said, "We are pleased to welcome Gerry and Martin as independent directors to our Board of Directors. They bring proven leadership, relevant industry know
The distillery favorite will be available in February ST. LOUIS, Jan. 28, 2025 /PRNewswire/ -- Bardstown, Kentucky-based Lux Row Distillers is expanding its Kentucky Straight Bourbon Whiskey family with the national release of Lux Row Small Batch PX Sherry Cask Finish. The new release is crafted from small batches of 4-year-old ryed straight Kentucky bourbon finished for six months in casks that held PX Sherry, an intensely rich and sweet wine made from overly ripened, sun-dried grapes. Offered at 112 proof (56% ABV), Lux Row Small Batch PX Sherry Cask Finish will be available nationwide in February at a minimum suggested retail price of $49.99 per 750mL bottle.
ATCHISON, Kan., May 20, 2024 /PRNewswire/ -- MGP Ingredients, Inc., (NASDAQ:MGPI), a leading provider of branded and distilled spirits as well as food ingredient solutions, is pleased to announce the hiring of Amit Sharma as its Vice President of Investor Relations. This strategic addition to our leadership team underscores our commitment to enhancing communication with our investors and stakeholders, and to strengthening our overall investor relations strategy. Sharma brings over 18 years of experience in investor relations and financial communications. He recently served as
ATCHISON, Kan., July 15, 2021 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, is pleased to announce that Amel Pasagic, has been appointed to the newly-created position of Chief Information Officer. Mr. Pasagic recently joined MGP as Vice President, IT in connection with MGP's acquisition of Luxco, Inc. and its affiliated companies, a leading branded beverage alcohol company. Prior to the acquisition, Pasagic served in a variety of IT leadership roles while at Luxco for 10 years. In his new role, Pasagic will report directly to Dave Colo, President and CEO and will have responsibility for the
ATCHISON, Kan., July 13, 2021 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, is pleased to announce that David Bratcher has been appointed as Chief Operating Officer. Mr. Bratcher recently joined MGP as President, Brands in connection with MGP's acquisition of Luxco, Inc. and its affiliated companies, a leading branded beverage alcohol company. Prior to the acquisition, Bratcher served in a steady progression of leadership roles for over 20 years at Luxco, including serving as President and Chief Operating Officer since 2013. Bratcher was instrumental in supporting Luxco's growth in those po
ATCHISON, Kan., May 05, 2021 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (NASDAQ:MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today reported results for the first quarter ended March 31, 2021. 2021 first quarter results compared to 2020 first quarter results Consolidated sales increased 9.3% to $108.3 million, as a result of double-digit growth in premium beverage alcohol within the Distillery Products segment.Consolidated gross profit increased 39.2% to $32.3 million, representing 29.8% of consolidated sales, due to improved gross profit in the Distillery Products segment.Consolidated operating income increased 49.6% to $20.5 million, inc
Live finance-specific insights
Solid second quarter results; Reaffirms 2025 sales and adjusted earnings outlook MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today reported results for the second quarter ended June 30, 2025. "Our second quarter results came in largely as expected as we delivered solid execution and sequential improvement across all three business segments. Our decisive actions to improve visibility with our customers are working as second quarter brown goods volume and price declines were in line with our expectations. Our teams remain tightly focused on key initiatives and continue to execute on our strategic priorities, which
MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits as well as food ingredient solutions, today announced that its board of directors has declared a quarterly dividend of $0.12 per share of common stock. The dividend is payable on August 29, 2025 to stockholders of record as of August 15, 2025. About MGP Ingredients, Inc. MGP Ingredients Inc. (NASDAQ:MGPI) has been formulating excellence since 1941 by bringing product ideas to life across the alcoholic beverage and specialty ingredient industries through three segments: Branded Spirits, Distilling Solutions, and Ingredient Solutions. MGPI is one of the leading spirits distillers with an award-winni
MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today announced that it will report results for the second quarter ended June 30, 2025, on Thursday, July 31, at 10 a.m. ET. The company expects to release its financial results before the markets open. Management, including Julie Francis, President and CEO, Brandon Gall, CFO, and Mark Davidson, Corporate Controller and Head of Treasury, will hold a conference call to discuss these results. Please visit the "News and Events" section of the company's Investor Relations section at ir.mgpingredients.com/news-events to access the live webcast. Investors can also dial 844-3
Encouraging first quarter results; Reaffirms full year 2025 financial outlook MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today reported results for the first quarter ended March 31, 2025. "We are pleased with first quarter results that keep us on track to meet our full-year guidance. While elevated industry-wide barrel whiskey inventories and a cautious consumer environment remain as headwinds, we saw signs of positive progress across all three of our business segments. These early signs of stabilization give us confidence that the proactive actions we are taking are beginning to take hold," said Brandon Gall, In
MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits as well as food ingredient solutions, today announced that its board of directors has declared a quarterly dividend of $0.12 cents per share of common stock. The dividend is payable on May 30, 2025 to stockholders of record as of May 16, 2025. About MGP Ingredients, Inc. MGP Ingredients Inc. (NASDAQ:MGPI) has been formulating excellence since 1941 by bringing product ideas to life across the alcoholic beverage and specialty ingredient industries through three segments: Branded Spirits, Distilling Solutions, and Ingredient Solutions. MGPI is one of the leading spirits distillers with an award-winning
MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today announced it has successfully refinanced its revolving credit facility and amended its note purchase and private shelf agreement. As part of the refinancing, MGP upsized its revolving credit facility from $400 million to $500 million and extended its maturity from 2026 to 2030, with unchanged applicable interest rates. The amended revolving credit facility includes an accordion feature, which increased in size from $100 million to $200 million and is subject to certain conditions. In addition, the company amended its note purchase and private shelf agreement to exte
MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today announced that it will report results for the first quarter ended March 31, 2025, on Thursday, May 1, at 10 a.m. ET. The company expects to release its financial results before the markets open. Management, including Brandon Gall, interim President and CEO, and CFO and Mark Davidson, Corporate Controller and Head of Treasury, will hold a conference call to discuss these results. Please visit the "News and Events" section of the company's Investor Relations section at ir.mgpingredients.com/news-events to access the live webcast. Investors can also dial 844-308-6398 (
Fourth quarter results in line with expectations; Provides 2025 financial guidance MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today reported results for the fourth quarter and full year ended December 31, 2024. "Despite ongoing industry-wide challenges, our fourth quarter results were in line with our expectations. Elevated industry-wide barrel whiskey inventories continue to weigh on overall brown goods sales and pricing trends, pressuring our financial performance and overshadowing the meaningful strides we continue to make across our Branded Spirits and Ingredient Solutions businesses. Led by Penelope, our p
MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits as well as food ingredient solutions, today announced that its board of directors has declared a quarterly dividend of $0.12 cents per share of common stock. The dividend is payable on March 28, 2025 to stockholders of record as of March 14, 2025. About MGP Ingredients, Inc. MGP Ingredients, Inc. (NASDAQ:MGPI) is a leading producer of premium branded and distilled spirits, as well as food ingredient solutions. Since 1941, we have combined our expertise and energy aimed at formulating excellence, bringing product ideas to life collaboratively with our customers. As one of the largest distillers i
MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today announced that it will hold a conference call/webcast to discuss results for the fourth quarter and full year ended December 31, 2024, on Wednesday, February 26, at 10 a.m. ET. The company expects to release its financial results before the markets open. Management on the call will include Brandon Gall, Interim President and CEO, and CFO. A webcast will be available at the "News and Events" section of the company's Investor Relations website at ir.mgpingredients.com/news-events. Investors can also dial 844-308-6398 (domestic) or 412-717-9605 (international) to list
This live feed shows all institutional transactions in real time.
SC 13G - MGP INGREDIENTS INC (0000835011) (Subject)
SC 13D/A - MGP INGREDIENTS INC (0000835011) (Subject)
SC 13D/A - MGP INGREDIENTS INC (0000835011) (Subject)
SC 13G/A - MGP INGREDIENTS INC (0000835011) (Subject)
SC 13D/A - MGP INGREDIENTS INC (0000835011) (Subject)
SC 13D/A - MGP INGREDIENTS INC (0000835011) (Subject)
SC 13D/A - MGP INGREDIENTS INC (0000835011) (Subject)
SC 13G/A - MGP INGREDIENTS INC (0000835011) (Subject)
SC 13G/A - MGP INGREDIENTS INC (0000835011) (Subject)
SC 13G - MGP INGREDIENTS INC (0000835011) (Subject)