MGP Ingredients, Inc. (MGPI) Stock Price & Analysis
MGP Ingredients, Inc. (MGPI) is trading at USD 15.81, down 2.71% today, as of October 23, 2026 at 15:30 UTC (US market open; quotes may be delayed), according to Nexqual market data.
MGPI last closed at USD 15.81; today's session has ranged USD 15.81–16.27 on volume of 20,559 shares. Market capitalization is —, with a 52-week range of USD 12.42–26.77 (NMS). Source: Nexqual, retrieved October 23, 2026 at 15:31 UTC.
Also available as compact Markdown for AI agents: nexqual.com/MGPI.md
Key facts (MGPI)
- Last four reported quarters (through Jun 30, 2026): revenue $500M, net income -$242M (-48.4% margin), free cash flow $888K (SEC filings).
- 1 of 80 tracked superinvestors hold MGPI (13F, Q2 2026): 0 new, 0 added, 1 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 3 Form 4 filings, $2.1M; 3 not under a Rule 10b5-1 plan ($2.1M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Total return with dividends: 1Y -33.6% vs S&P 500 +14.8%; 5Y -74.0% vs S&P 500 +77.6%.
- Next earnings: 2026-10-28, EPS estimate USD 0.32, revenue estimate $119M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (MGPI)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $627M | $782M | $837M | $704M | $536M | $500M |
| Gross profit | $199M | $253M | $305M | $286M | $199M | — |
| Operating income | $126M | $149M | $149M | $74.4M | -$94.6M | -$270M |
| Net income | $91.3M | $109M | $107M | $34.7M | -$108M | -$242M |
| EPS (diluted) | $4.37 | $4.92 | $4.80 | $1.56 | -$4.99 | — |
| Free cash flow | $40.9M | $43.6M | $28.5M | $31.1M | $76.0M | $888K |
| Gross margin | 31.7% | 32.4% | 36.4% | 40.7% | 37.2% | — |
| Operating margin | 20.2% | 19.0% | 17.8% | 10.6% | -17.6% | -53.9% |
| Net margin | 14.6% | 14.0% | 12.8% | 4.9% | -20.1% | -48.4% |
| Revenue growth | +58.5% | +24.8% | +6.9% | -15.9% | -23.8% | — |
| Cash + short-term investments | $21.6M | $47.9M | $18.4M | $25.3M | $18.5M | — |
| Total debt | $240M | $236M | $294M | $329M | $260M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (MGPI)
P/E at fiscal year-ends: Dec 2024 25.0x, Dec 2023 20.3x.
Superinvestors (SEC 13F-HR, Q2 2026) (MGPI)
1 of 80 tracked investors hold MGPI. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| John Rogers | Ariel Investments | 0.11% | $10.7M | Reduced -2.9% |
Insider sales (SEC Form 4, open-market, last ~7 months) (MGPI)
0 of 3 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-16 | Lux Leslie | 27,731 | $399K | 100% | No | Too little history (no open-market trades in 2023–2025) | |
| 2026-08-20 | Lux Paul S. | 33,000 | $586K | 5.7% | No | Too little history (no open-market trades in 2024 or 2025) | |
| 2026-05-26…2026-05-27 | Kaplan Caroline Lux | 60,000 | $1.1M | 11.3% | No | Too little history (no open-market trades in 2024) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (MGPI)
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-16 | Roth Capital | Target lowered | Buy | $32 → $30 |
| 2026-10-05 | Wells Fargo | Target lowered | Overweight | $22 → $17 |
| 2026-07-30 | TD Cowen | Target raised | Hold | $18 → $20 |
| 2026-07-30 | Wells Fargo | Target raised | Overweight | $21 → $22 |
| 2026-07-08 | Wells Fargo | Target lowered | Overweight | $24 → $21 |
| 2026-06-26 | TD Cowen | Target lowered | Hold | $20 → $18 |
Total return (dividends reinvested) (MGPI)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | -33.6% | -74.0% |
| S&P 500 (SPY) | +14.8% | +77.6% |
| Per year | -33.7% | -23.6% |
| Volatility (annualized) | 45.9% | 40.3% |
| Max drawdown | -50.8% (Feb 2026→Sep 2026) | -89.3% (Nov 2022→Sep 2026) |
MGPI revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Branded Spirits | $59.6M | 48.0% | -1.5% |
| Ingredient Solutions | $35.5M | 28.6% | +1.5% |
| Distilling Solutions | $29.2M | 23.5% | -41.6% |
| Total revenue | $124.4M | 100% | — |
MGPI revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Premium Plus | $32.6M | 26.3% | +5.0% |
| Specialty Wheat Starches | $18.9M | 15.2% | +2.2% |
| Mid Spirits | $16.2M | 13.0% | +4.7% |
| Brown Goods | $14.3M | 11.5% | -59.3% |
| Specialty Wheat Proteins | $12.7M | 10.3% | +1.1% |
| Warehouse Services | $8.6M | 6.9% | +7.8% |
| Value Spirits | $8.3M | 6.7% | -6.8% |
| White Goods & Co Products | $6.3M | 5.1% | -8.7% |
| Commodity Wheat Starch | $2.7M | 2.1% | -12.8% |
| Other Branded Spirits | $2.4M | 2.0% | -51.2% |
| Biofuel & Other | $1.1M | 0.9% | — |
| Commodity Wheat Protein | $76,000 | 0.1% | -90.8% |
| Total revenue | $124.4M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
MGPI customer concentration
In the period ended Dec 31, 2025, a single direct customer accounted for 16% of revenue, per the company's 10-K filed Feb 25, 2026. The company does not name it.
MGPI company outlook (results filed Jul 29, 2026)
- “Due to a recent revision to 2025 Kansas tax law, which resulted in the revaluation of deferred tax liabilities, the company now anticipates its full year 2026 effective tax rate will be approximately 23%.”
Quoted word-for-word from the SEC 8-K results press release.
MGPI analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.32 | $0.48 | -33.6% | $118.8M | 5 |
| Next quarter (ends Dec 2026) | $0.47 | $0.51 | -7.4% | $133.7M | 5 |
| Current fiscal year (ends Dec 2026) | $1.65 | $1.62 | +1.6% | $484.0M | 5 |
| Next fiscal year (ends Dec 2027) | $1.94 | $2.10 | -7.5% | $503.1M | 5 |
Key Statistics (as of October 23, 2026 at 15:31 UTC)
| Price | USD 15.81 |
|---|---|
| Change | ▼ 2.71% (down) |
| Previous Close | USD 15.81 |
| Open | USD 15.81 |
| Day Range | USD 15.81 – 16.27 |
| 52-Week Range | USD 12.42 – 26.77 |
| Volume | 20,559 shares |
| Market Cap | — |
| Exchange | NMS |
Technical Analysis (MGPI)
Nexqual's technical model rates MGPI "BUY" based on 5 bullish and 1 bearish signals across 128 daily candles, as of October 23, 2026 at 15:31 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 59.48 (neutral) |
| vs SMA50 | Above (USD 15.15) |
| MACD | 0.28 (positive) |
Earnings (MGPI)
| Next Earnings Date | 2026-10-28 |
|---|---|
| EPS Estimate | USD 0.32 |
| Revenue Estimate | $118.83M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.72 vs est 0.5 ▲ beat |
| 2026-03-31 | USD 0.15 vs est 0.04 ▲ beat |
| 2025-12-31 | USD 0.63 vs est 0.5 ▲ beat |
| 2025-09-30 | USD 0.85 vs est 0.6 ▲ beat |
Source: Nexqual, October 23, 2026 at 15:31 UTC.
Financials & Fundamentals (MGPI)
| Total Revenue | $500.01M |
|---|---|
| Revenue Growth (latest quarter, YoY) | -14.50% |
| Gross Margin | +35.55% |
| Operating Margin | +14.80% |
| Profit Margin | -48.40% |
| ROE | -33.82% |
| Debt / Equity | 0.64 |
| Current Ratio | 6.99 |
| Total Cash | $17.79M |
| Total Debt | $377.97M |
Source: Nexqual, October 23, 2026 at 15:31 UTC.
Ownership (MGPI)
| Insider Ownership | +32.54% |
|---|---|
| Institutional Ownership | +74.78% |
| Shares Outstanding | 21.41M |
| Float | 14.61M |
| Short % of Float | +7.19% |
Source: Nexqual, October 23, 2026 at 15:31 UTC.
From MGP Ingredients, Inc.'s Latest SEC 10-K Filing (filed 2026-02-25)
Key Strengths & Strategy (as disclosed to the SEC)
- Our operations are also subject to regulation by various U.S. federal agencies, including the Alcohol and Tobacco Tax and Trade Bureau ("TTB"), OSHA, the Food and Drug Administration ("FDA"), the United States Environmental Protection Agency ("EPA"), and by various U.S. state and local and foreign authorities.
- Specialty wheat proteins - We have developed numerous specialty wheat proteins for food applications under our Arise brand platform.
Legal & Regulatory Risks (Item 1A, quoted)
- We are subject to extensive regulation and taxation, as well as compliance with existing or future laws and regulations, which may require us to incur substantial expenditures.
- Changes in laws, regulatory measures, governmental policies, guidelines, initiatives, or the manner in which current ones are interpreted or applied, could cause us to incur material additional costs or liabilities and jeopardize the growth of our business.
- Changes in excise taxes, incentives, and customs duties related to products containing alcohol could adversely affect our business.
- We may not be able to adequately protect our intellectual property rights or may be accused of infringing intellectual property rights of third parties.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| SNDL | SNDL Inc. | USD 1.3 | ▲ 0.54% |
| AGCC | Agencia Comercial Spirits Ltd | USD 14.81 | ▼ 0.32% |
| BF-A | Brown Forman Inc | USD 30.3 | ▼ 1.97% |
| DEO | Diageo plc | USD 95.55 | ▼ 1.18% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 15:31 UTC. This page is informational and not investment advice.
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