MGP Ingredients, Inc. (MGPI) AI Stock Analysis

Founded in 1941 and headquartered in Atchison, Kansas, MGP Ingredients, Inc. produces and supplies distilled spirits and food ingredients across three segments: Distillery Products, Branded Spirits, and Ingredient Solutions. Distillery Products offers food grade alcohol for bourbon, rye whiskeys, vodka, and gin, as well as industrial alcohol, fuel-grade alcohol, distillers feed, and corn oil. Branded Spirits provides ultra-premium, premium, mid-range, and value branded spirits. Ingredient Solutions specializes in specialty wheat starches under Fibersym, Resistant Starch, and FiberRite RW, along with proteins including Arise, Proterra, and gluten-free textured pea proteins.

MGP Ingredients grew annual revenue from $626.7M in FY2021 to a peak of $836.5M in FY2023 before declining 15.9% in FY2024 to $703.6M and dropping 23.8% in FY2025 to $536.4M. Net income shifted from $107.5M in FY2023 to $34.7M in FY2024, followed by a net income of -$107.8M in FY2025 with an operating margin of -17.6%. For the trailing twelve months, revenue stands at $500.0M with an EPS of -$11.26 and a profit margin of -48.4%. In the latest quarter ended June 30, 2026, quarterly revenue fell 14.5% year-over-year while quarterly earnings declined 17.7%.

As of June 30, 2026, MGP Ingredients held $17.8M in cash and short-term investments against total debt of $377.8M, resulting in net debt of $360.0M. Shareholders equity was $590.8M, with a debt-to-equity ratio of 0.64 and a current ratio of 6.99. In FY2025, operating cash flow totaled $121.5M and free cash flow reached $76.0M. Capital allocation in FY2025 included $45.5M in capital expenditures, $10.3M in dividends paid, and $1.0M in share buybacks.

At a last close of $15.12 on October 16, 2026, MGP Ingredients trades at a market capitalization of $323.8M and an enterprise value of $648.9M. Its forward P/E of 6.8x and price-to-sales of 0.6x sit below the median of its US-listed Consumer Defensive peers at 14.3x and 0.7x, respectively. However, its EV-to-EBITDA of 17.5x is above the peer median of 11.7x. Over the past year, the stock fell 36.0% compared to a 16.8% gain for the S&P 500, and its 5-year return of -75.0% trails the index return of 83.0%.

MGP Ingredients pays an annual forward dividend of $0.48 per share, representing a dividend yield of 3.17% with a quarterly payout frequency. The dividend payout ratio stands at 20.4%. The company has maintained 17 consecutive years of payments, though its 5-year annualized dividend growth is 0.0%. Its last ex-dividend date was August 14, 2026.

Wall Street coverage consists of 4 Strong Buy ratings and 1 Hold rating, with a mean price target of $26.40, implying 74.6% upside from the last close of $15.12. For the fiscal year ending December 31, 2026, analysts estimate revenue of $484.0M and EPS of $1.65, reflecting an EPS decline of 42.2%. For the next fiscal year, 5 analysts project revenue of $503.1M and EPS of $1.94. The company beat EPS estimates in 3 of the last 4 quarters, with next earnings scheduled for October 28, 2026.

This page is an AI-written research summary of MGP Ingredients, Inc. (MGPI). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: MGPI income statement, MGPI balance sheet, MGPI key metrics, MGPI analyst forecast, MGPI chart. See the MGPI stock overview for the latest quote and news.