MGP Ingredients upgraded by Truist Securities with a new price target

$MGPI
Beverages (Production/Distribution)
Consumer Staples
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Recent Analyst Ratings for
$MGPI

DatePrice TargetRatingAnalyst
2/27/2025$55.00 → $45.00Hold → Buy
Lake Street
11/6/2024$66.00 → $50.00Buy → Hold
TD Cowen
10/18/2024$135.00 → $75.00Buy → Hold
Lake Street
10/11/2022$125.00Outperform
Wedbush
8/15/2022$126.00Overweight
Wells Fargo
6/30/2022$115.00Buy
ROTH Capital
2/22/2022$100.00Buy
Lake Street
1/21/2022$99.00Outperform
Cowen & Co.
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$MGPI
Press Releases

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  • Blood Oath Pact 11 Kentucky Straight Bourbon Whiskey arrives at retail in April

    The 11th annual secret offering from Lux Row Distillers is finished in Añejo tequila barrels ST. LOUIS, March 25, 2025 /PRNewswire/ -- Lux Row Distillers Master Distiller and Master Blender John Rempe renews his annual pact with bourbon drinkers by releasing Blood Oath Pact 11 Kentucky Straight Bourbon Whiskey Finished in Añejo Tequila Barrels. This year's secret blend features a union of two well-bred bourbons – a 14-year ryed and a 10-year wheated – blended with an impressive 7-year ryed which was finished in barrels that held Añejo tequila. As with all of Rempe's pacts, Blood Oath Pact 11 is offered at 98.6 proof (49.3% ABV).

    $MGPI
    Beverages (Production/Distribution)
    Consumer Staples
  • Yellowstone Bourbon introduces new permanent addition to family of award-winning expressions with Small Batch 107

    Six-year-aged bourbon features bold proof to deliver intense yet balanced flavor ST. LOUIS, March 13, 2025 /PRNewswire/ -- Lebanon, Kentucky-based Yellowstone Bourbon announced the release of Small Batch 107, a new permanent addition to the Yellowstone family. The elevated expression pays homage to the brand's history while featuring several firsts for the family lineup. Small Batch is aged six years and the only variety in the Yellowstone portfolio to feature an age statement on packaging. Bottled at 107 proof, the expression is one of the highest proof everyday offerings fro

    $MGPI
    Beverages (Production/Distribution)
    Consumer Staples
  • MGP Ingredients to Participate in the 37th Annual Roth Conference

    MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today announced that Brandon Gall, Interim President and CEO, and CFO, and Amit Sharma, VP, IR will participate in the 37th Annual Roth Conference. The Company will host a fireside chat at 4:30 p.m. Eastern on March 17, 2025. A live webcast of the fireside chat will be available at the "News & Events" section of the Company's website at ir.mgpingredients.com/news-events. A replay will be available on the company's website after the webcast concludes. About MGP Ingredients, Inc. MGP Ingredients, Inc. (NASDAQ:MGPI) is a leading producer of premium distilled spirits, brande

    $MGPI
    Beverages (Production/Distribution)
    Consumer Staples

$MGPI
Analyst Ratings

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$MGPI
Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

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$MGPI
Insider Trading

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$MGPI
SEC Filings

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$MGPI
Leadership Updates

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  • Lux Row Distillers makes Small Batch PX Sherry Cask Finish available nationwide

    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.

    $MGPI
    Beverages (Production/Distribution)
    Consumer Staples
  • MGP Hires Vice President of Investor Relations

    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

    $MGPI
    $TWNK
    Beverages (Production/Distribution)
    Consumer Staples
    Packaged Foods
  • MGP Announces Appointment of Amel Pasagic as Chief Information Officer

    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

    $MGPI
    Beverages (Production/Distribution)
    Consumer Staples

$MGPI
Financials

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  • MGP Ingredients Reports Fourth Quarter and Full Year 2024 Results

    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

    $MGPI
    Beverages (Production/Distribution)
    Consumer Staples
  • MGP Ingredients Declares $0.12 Quarterly Dividend

    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

    $MGPI
    Beverages (Production/Distribution)
    Consumer Staples
  • MGP Ingredients to Report Fourth Quarter 2024 Financial Results on Wednesday, February 26, 2025

    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

    $MGPI
    Beverages (Production/Distribution)
    Consumer Staples

$MGPI
Large Ownership Changes

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