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

MGP Ingredients (NASDAQ:MGPI) is projected to post its Q3 2026 results before the market opens on Wednesday, October 28th. Analysts expect the company 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. Parties are encouraged to explore 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 data on Wednesday, July 29th. The company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.23. MGP Ingredients had a positive return on equity of 7.41% and a negative net margin of 48.08%. The firm had revenue of $124.36 million during the quarter, compared to analyst estimates of $125.16 million. During the same period in the previous year, the company posted $0.97 EPS. The company’s revenue for the quarter was down 14.5% on a year-over-year basis. 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 Down 1.3%

MGPI stock opened at $15.52 on Tuesday. MGP Ingredients has a twelve month low of $12.42 and a twelve month high of $26.77. The company has a quick ratio of 1.65, a current ratio of 6.99 and a debt-to-equity ratio of 0.61. The stock’s 50 day moving average is $15.10 and its 200-day moving average is $18.49. The firm has a market capitalization of $332.35 million, a PE ratio of -1.38 and a beta of 0.49.

MGP Ingredients Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 14th were paid a dividend of $0.12 per share. The ex-dividend date was Friday, August 14th. This represents a $0.48 annualized dividend and a yield of 3.1%. MGP Ingredients’s dividend payout ratio (DPR) is -4.26%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on MGPI shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of MGP Ingredients in a research note on Friday, July 31st. Roth Capital dropped their price target on shares of MGP Ingredients from $32.00 to $30.00 and set a “buy” rating on the stock in a research report on Friday, October 16th. TD Cowen boosted their price target on shares of MGP Ingredients from $18.00 to $20.00 and gave the stock a “hold” rating in a report on Thursday, July 30th. Finally, Wells Fargo & Company decreased their price objective on shares of MGP Ingredients from $22.00 to $17.00 and set an “overweight” rating for the company in a research note on Monday, October 5th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $25.50.

Insiders Place Their Bets

In other MGP Ingredients news, insider Leslie Lux sold 27,731 shares of the business’s 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 transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Paul Lux sold 33,000 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $17.76, for a total transaction of $586,080.00. Following the transaction, the insider owned 550,458 shares of the company’s stock, valued at approximately $9,776,134.08. The trade was a 5.66% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 31.70% of the company’s stock.

About MGP Ingredients

MGP Ingredients, Inc (NASDAQ: MGPI) is a producer and marketer of distilled spirits and specialty food and beverage ingredients. The company operates distilleries and processing facilities that manufacture bourbon, rye whiskey, vodka, gin, tequila and other distilled products, as well as grain-based alcohol and related ingredients.

The company serves customers through both its Distilling Solutions and Branded Spirits businesses. Its branded portfolio includes products such as Ezra Brooks, Yellowstone, Daviess County, El Mayor and Everclear, while its distilling operations supply spirits and alcohol to beverage companies and other commercial customers.