MGP® Distillery Steps 'Out of the Shadows' with Launch of MGP
[url="]MGP Ingredients, Inc.[/url], one of the largest producers of American whiskey and leading spirits distillers, today announced the latest addition to its
MGPI - MGP Ingredients, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$21.00
DETAILS
HIGH:
$21.00
LOW:
$21.00
MEDIAN:
$21.00
CONSENSUS:
$21.00
UPSIDE:
42.28%
Stock News
BlackRock Inc. Purchases Shares of 1,270,417 MGP Ingredients, Inc. $MGPI
BlackRock Inc. acquired a new position in MGP Ingredients, Inc. (NASDAQ: MGPI) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 1,270,417 shares of the company's stock, valued at approximately $22,258,000. BlackRock Inc. owned approximately 5.93% of MGP Ingredients as
MGP Ingredients, Inc. (MGPI) Q2 2026 Earnings Call Transcript
MGP Ingredients, Inc. (MGPI) Q2 2026 Earnings Call Transcript
MGP Ingredients Q2 Earnings Call Highlights
MGP Ingredients NASDAQ: MGPI reported second-quarter 2026 results that exceeded its internal expectations, despite year-over-year declines in sales, earnings and adjusted EBITDA amid continued pressure in the distilled spirits market.
MGP (MGPI) Q2 Earnings Top Estimates
MGP (MGPI) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.97 per share a year ago.
MGP Ingredients Reports Second Quarter 2026 Results
MGP Ingredients, Inc. (Nasdaq: MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today reported results for the second q
MGP Ingredients Reports Second Quarter 2026 Results
ATCHISON, Kan.--(BUSINESS WIRE)--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, 2026. During the quarter, MGP executed against its strategic roadmap, and the company continued to strengthen and revamp its sales, marketing and supply chain functions, while adding specific capabilities to address new and existing growth opportunities. The company also continued to.
MGP Ingredients Adds Four Industry Leaders to Help Accelerate Growth
ATCHISON, Kan.--(BUSINESS WIRE)--MGP Ingredients, Inc. (Nasdaq: MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today announced four strategic leadership appointments to strengthen its commercial and marketing excellence across the enterprise. Tom Neiheisel joins as vice president, distilling solutions sales; Sol Clahane as managing director, national accounts; Marilyn Chen as brand director for Penelope Bourbon; and David Sanders as vice president of f.
MGP Ingredients (NASDAQ:MGPI) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened
MGP Ingredients, Inc. (NASDAQ: MGPI - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $20.03 and traded as low as $17.73. MGP Ingredients shares last traded at $18.21, with a volume of 144,624 shares. Analyst Upgrades
MGP Ingredients to Report Second Quarter 2026 Financial Results on Wednesday, July 29, 2026
ATCHISON, Kan.--(BUSINESS WIRE)--MGP Ingredients, Inc. (Nasdaq:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today announced it plans to report results for the second quarter of 2026 prior to the opening of the Nasdaq market on Wednesday, July 29. On that day, Julie Francis, president and CEO, and Brandon Gall, CFO, will host a conference call at 10 a.m. ET to discuss the results, provide a general business update and answer questions. Please visit th.
Yellowstone Bourbon® Unveils 2026 Limited Edition Bourbon Finished in Ruby and Tawny Port Casks
The 11th annual release draws inspiration from the light and shadow of the Grand Canyon of the Yellowstone National Park, featuring a dual-finished blend of 7- and 14-year-old bourbons bottled at 101 proof ST. LOUIS, July 15, 2026 /PRNewswire/ -- Today, Yellowstone Bourbon announced the release of Yellowstone Limited Edition 2026, the 11th expression in its annual Limited Edition series.
Penelope Bourbon Launches Classic Series, Introducing Kentucky Straight Bourbon Whiskey and Straight Rye
Built on eight years of innovation, Penelope's new portfolio is designed for everyday occasions ST. LOUIS, June 9, 2026 /PRNewswire/ -- Penelope Bourbon announces the launch of its Classic Series and its new expressions: Kentucky Straight Bourbon Whiskey and Straight Rye Whiskey, two foundational whiskeys designed for everyday drinking occasions.
How Strong Export Demand Boosted Alto Ingredients' Profitability
ALTO returns to profitability in the first quarter, with a favorable product mix helping offset operational challenges and seasonal market pressures.
MGP Ingredients: U.S. Dependency Works Both Ways
MGP Ingredients is rated a long-term buy, offering discounted valuation and valuable distilling assets despite near-term operational headwinds. MGPI faces acute pressure from American whiskey oversupply, leading to distillery closures, significant sales declines, and inventory-driven downturns. The balance sheet remains healthy with deleveraging and a strong current ratio, but equity and cash have contracted due to impairments and weaker performance.
How ALTO Is Benefiting From Stronger Essential Ingredients Returns
ALTO's essential ingredients return rises to 53.4% in Q1 2026, aided by higher co-product pricing and lower corn costs, even as volumes decline.
A Look at MGP Ingredients Inc (MGPI) After 4.7% Decline -- GF Value $33.33 vs Price $17.64
On May 29, 2026, MGP Ingredients Inc (MGPI) shares fell 4.7% to a current price of $17.64. This decline is part of a broader trend, with the stock down 26.6% ye
Penelope Bourbon Expands Ready-to-Pour Lineup with Blackberry Old Fashioned
Penelope Bourbon Expands Ready-to-Pour Lineup with Blackberry Old Fashioned PR Newswire ST. LOUIS, May 28, 2026
Penelope Bourbon Expands Ready-to-Pour Lineup with Blackberry Old Fashioned
The newest release arrives just in time for summer to elevate at-home gatherings ST. LOUIS, May 28, 2026 /PRNewswire/ -- Summer is here for Penelope Bourbon, one of the fastest-growing premium whiskey brands today, as it introduces Blackberry Old Fashioned, the newest addition to its collection of award-winning ready-to-pour cocktails.
Remus Bourbon Honors Baseball Legend Lou Gehrig with New Reserve Release
The Ultra-Limited Bourbon Pays Tribute to the Iron Horse with a Collectible New Expression Inspired by One of Baseball's Most Enduring Icons LAWRENCEBURG, Ind., May 19, 2026 /PRNewswire/ -- Today, Remus Bourbon, the award-winning whiskey produced by MGP's Ross & Squibb Distillery, announced the launch of Remus Lou Gehrig Reserve Bourbon.
Penelope Bourbon Unveils Architects of Golf
Penelope Bourbon Unveils Architects of Golf PR Newswire ST. LOUIS, May 13, 2026 A l
Price Targets
MGP Ingredients price target lowered to $21 from $24 at Wells Fargo
$21.00
(was $16.63)
Marc Torrente
·
Wells Fargo
MGP Ingredients price target lowered to $29 from $33 at Wells Fargo
$29.00
(was $24.01)
Wells Fargo
MGP Ingredients price target lowered to $40 from $75 at Truist
$40.00
(was $32.74)
Truist Financial
MGP Ingredients (MGPI) PT Lowered to $85 at Truist Securities
$85.00
(was $58.66)
Bill Chappell
·
Truist Financial
Lake Street Capital Markets Downgrades MGP Ingredients (MGPI) to Hold
$75.00
(was $60.17)
Ben Klieve
·
Loop Capital Markets
MGP Ingredients price target lowered to $95 from $125 at Truist
$95.00
(was $80.86)
Bill Chappell
·
Truist Financial
Lake Street Capital Markets Reiterates Buy Rating on MGP Ingredients (MGPI)
$135.00
(was $73.05)
Ben Klieve
·
Loop Capital Markets
MGP Ingredients removed from Best Ideas List at Wedbush
$120.00
(was $74.40)
MGP Ingredients
·
Wedbush
MGP Ingredients Poised For Growth: Analyst Praises Whiskey Orders And Acquisition Upside
$140.00
(was $122.50)
Bill Chappell
·
Truist Financial
MGP Ingredients' Transformative Acquisitions Set To Enhance Future Valuation: Analyst
$125.00
(was $113.95)
Bill Chappell
·
Truist Financial
Wells Fargo Maintains Overweight on MGP Ingredients, Lowers Price Target to $118
$118.00
(was $97.87)
Wells Fargo