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MGP Ingredients, Inc. (MGPI)

Consumer Defensive | Beverages - Wineries & Distilleries | Atchison, United States | NasdaqGS
16.85 USD +0.57 (3.501%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 16.85

Short-term:★★☆☆☆Long-term:★☆☆☆☆Dividends:★★☆☆☆
Hot Take | Aug. 22, 2026, 4:08 a.m. EDT

The investment case for MGP Ingredients is currently broken by deteriorating fundamentals and a hostile market verdict. The company is generating negative free cash flow and reporting significant losses, which makes the current dividend of $0.48 per year unsustainable given the 96% payout ratio; this is likely being funded by debt or reserves rather than organic earnings, posing a severe risk of a cut. The price action confirms this distress, having plunged from a high of $113.50 to the current level of roughly $18, representing a catastrophic multi-year decline. Although the forward P/E looks cheap at 9x, this is a value trap reflecting the reality of negative earnings and shrinking revenue. The options market reinforces this bearish view, with massive put open interest at the $15 strike acting as a defensive barrier. While the balance sheet shows a high current ratio, the debt load and cash burn are alarming. This is a 'sell' situation where the cheap price is the market's way of saying the business quality has permanently degraded.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.053120
AutoETS0.065893
MSTL0.066310
AutoARIMA0.074695

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 43%
H-stat 1.82
Ljung-Box p 0.000
Jarque-Bera p 0.210
Excess Kurtosis -1.05
Attribute Value
Sector Consumer Defensive
Ex Dividend Date 2026-08-13
Last Dividend Date 2026-08-13
Debt to Equity Ratio 63.975
Revenue per Share 23.373
Market Cap 360,827,200
Forward P/E 8.58
Beta 0.45
Profit Margins -48.40%
Website https://www.mgpingredients.com

As of Aug. 22, 2026, 4:08 a.m. EDT: Speculators are positioning defensively with heavy open interest in out-of-the-money puts (1.1k contracts at the $15 strike) compared to calls, creating a significant put wall that suggests a floor or downside protection strategy. While there is some call volume at higher strikes ($25), the overwhelming majority of option positioning is bearish, indicating a market expectation of continued weakness or a desire to hedge against further declines.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.68% 2.49% 1.49% 1.09%
Dividend History
Date Dividend Yield %
2026-08-14 0.120000 0.677201
2026-05-15 0.120000 0.658256
2026-03-13 0.120000 0.670766
2025-11-14 0.120000 0.479425
2025-08-15 0.120000 0.416956
2025-05-16 0.120000 0.365965
2025-03-14 0.120000 0.388727
2024-11-15 0.120000 0.241692
2024-08-16 0.120000 0.137804
2024-05-16 0.120000 0.148460
2024-03-14 0.120000 0.145015
2023-11-16 0.120000 0.128438
2023-08-17 0.120000 0.101842
2023-05-18 0.120000 0.117716
2023-03-09 0.120000 0.125879
2022-11-17 0.120000 0.099975
2022-08-18 0.120000 0.104703
2022-05-19 0.120000 0.127986
2022-03-10 0.120000 0.155019
2021-11-18 0.120000 0.157895
2021-08-19 0.120000 0.197012
2021-05-20 0.120000 0.180072
2021-03-11 0.120000 0.180668
2020-11-19 0.120000 0.282419
2020-08-20 0.120000 0.333333
2020-05-21 0.120000 0.339559
2020-03-12 0.120000 0.519481
2019-11-13 0.100000 0.222767
2019-08-13 0.100000 0.197239
2019-05-14 0.100000 0.153775
2019-03-12 0.100000 0.122160
2018-11-14 0.080000 0.114662
2018-08-15 0.080000 0.106482
2018-05-15 0.080000 0.093077
2018-03-08 0.080000 0.101704
2017-11-13 0.040000 0.053684
2017-08-16 0.890000 1.464057
2017-05-11 0.040000 0.074225
2017-02-27 0.040000 0.090559
2016-11-09 0.020000 0.048008
2016-08-11 0.020000 0.058824
2016-03-17 0.080000 0.334169
2015-03-24 0.060000 0.394997
2014-03-13 0.050000 0.830565
2013-03-14 0.050000 1.061571
2012-03-20 0.050000 0.869565
2011-09-13 0.050000 0.789889
2010-09-13 0.050000 0.684931
2008-03-27 0.100000 1.408451
2007-09-14 0.150000 1.184834
2007-03-29 0.100000 0.495540
2006-09-15 0.200000 0.867679
2005-09-16 0.150000 1.595745
2004-10-05 0.150000 1.498501
2003-10-08 0.075000 1.714286
2002-10-08 0.075000 2.164502
2001-10-09 0.075000 1.549587
2000-10-10 0.050000 1.038961
1995-07-12 0.062500 0.704225
1995-04-03 0.062500 0.694444
1995-01-09 0.062500 0.526316
1994-10-21 0.062500 0.466200
1994-07-01 0.062500 0.352113
1994-04-04 0.062500 0.413223
1994-01-10 0.062500 0.434783
1993-10-22 0.062500 0.549451
1993-07-01 0.062500 0.485437
1993-04-02 0.062500 0.431034
1993-01-07 0.062500 0.495050
1992-10-23 0.062500 0.568182
1992-07-17 0.062500 0.520833
1992-04-06 0.058333 0.538458
1992-01-07 0.058333 0.514703
1991-07-08 0.058333 0.593217
1991-04-05 0.058333 0.630627
1991-01-08 0.058333 0.769226
1990-07-09 0.058333 0.985910
1990-04-06 0.058333 0.933328
1990-01-08 0.058333 0.686271
1989-10-17 0.050000 0.547945
1989-07-10 0.050000 0.550459
1989-04-10 0.050000 0.597015
1989-01-09 0.050000 0.714286
1988-12-16 0.033333 0.506324
Additional Data
dividendRate 0.48
dividendYield 2.95
exDividendDate 2026-08-14
trailingAnnualDividendRate 0.48
trailingAnnualDividendYield 0.029484028
lastDividendValue 0.12
lastDividendDate 2026-08-14
dividendDate 2026-08-28

Info Dump

Attribute Value
52 Week Change -0.44455814
Address1 Cray Business Plaza
Address2 100 Commercial Street PO Box 130
All Time High 125.74
All Time Low 0.5
Ask 16.89
Ask Size 1
Audit Risk 6
Average Daily Volume10 Day 131,030
Average Daily Volume3 Month 194,525
Average Volume 194,525
Average Volume10Days 131,030
Beta 0.448
Bid 16.93
Bid Size 1
Board Risk 5
Book Value 27.593
City Atchison
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 4
Country United States
Crypto Tradeable 0
Currency USD
Current Price 16.85
Current Ratio 6.992
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 16.99
Day Low 16.44
Debt To Equity 63.975
Display Name MGP Ingredients
Dividend Date 1,787,875,200
Dividend Rate 0.48
Dividend Yield 2.95
Earnings Call Timestamp End 1,785,333,600
Earnings Call Timestamp Start 1,785,333,600
Earnings Growth -0.177
Earnings Quarterly Growth -0.168
Earnings Timestamp 1,785,328,200
Earnings Timestamp End 1,793,190,600
Earnings Timestamp Start 1,793,190,600
Ebitda 91,063,000
Ebitda Margins 0.18212
Enterprise To Ebitda 7.918
Enterprise To Revenue 1.442
Enterprise Value 721,011,200
Eps Current Year 1.652
Eps Forward 1.964
Eps Trailing Twelve Months -11.65
Esg Populated 0
Ex Dividend Date 1,786,665,600
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 17.4322
Fifty Day Average Change -0.5821991
Fifty Day Average Change Percent -0.033397913
Fifty Two Week Change Percent -44.455814
Fifty Two Week High 29.75
Fifty Two Week High Change -12.9
Fifty Two Week High Change Percent -0.43361342
Fifty Two Week Low 15.72
Fifty Two Week Low Change 1.1300001
Fifty Two Week Low Change Percent 0.071882956
Fifty Two Week Range 15.72 - 29.75
Financial Currency USD
First Trade Date Milliseconds 593,443,800,000
Five Year Avg Dividend Yield 0.97
Float Shares 14,590,267
Forward Eps 1.964
Forward P E 8.57943
Free Cashflow -73,276,128
Full Exchange Name NasdaqGS
Full Time Employees 617
Fullday Change 0.57
Fullday Change Percent 3.50123
Fullday Price 16.85
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.35548002
Gross Profits 177,744,992
Has Pre Post Market Data 1
Held Percent Insiders 0.32502997
Held Percent Institutions 0.73035
Implied Shares Outstanding 21,414,076
Industry Beverages - Wineries & Distilleries
Industry Disp Beverages - Wineries & Distilleries
Industry Key beverages-wineries-distilleries
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,786,665,600
Last Dividend Value 0.12
Last Fiscal Year End 1,767,139,200
Last Split Date 1,089,936,000
Last Split Factor 2:1
Long Business Summary MGP Ingredients, Inc. produces and supplies distilled spirits, branded spirits, and food ingredients worldwide. It operates in three segments: Distillery Solutions, Branded Spirits, and Ingredient Solutions. The Distillery Solutions segment processes corn and other grains, including rye, barley, wheat, barley malt, and milo into food grade alcohol and distillery co-products, such as dried distillers' grain; and offers food-grade alcohol for beverage applications, that include bourbon, rye, and other whiskeys, as well as grain neutral spirits, including vodka and gin. This segment also offers warehouse services, including barrel put away, barrel storage, and barrel retrieval services; and blending services. The Branded Spirits segment provides Tequila under the premium plus, ultra-premium, super premium, premium price tiers under the Penelope Bourbon, Yellowstone Bourbon, Rebel Bourbon, Remus Bourbon, Blood Oath Bourbon, Ezra Brooks Bourbon, Minor Case Straight Rye Whiskey, Rossville Union Straight Rye Whiskey, The Quiet Man Irish Whiskey, Green Hat Gin, Everclear grain alcohol, El Mayor Tequila, and Dos Primos names; mid branded spirits under the Brady's Irish Cream, Saint Brendan's Irish Cream Liqueur, Pearl Vodka, Lord Calvert Canadian Whisky, and Exotico Tequila names; and value branded spirits under the Arrow Cordials, Canada House Canadian Whisky, Lady Bligh Rum, and Juarez Tequila names, as well as private label products. The Ingredient Solutions segment provides specialty wheat starches for food applications, such as Fibersym, a resistant wheat starch; specialty wheat proteins for food applications under the Arise and Proterra names; gluten-free textured pea and soy proteins; commodity wheat starch for food and non-food applications; and commodity wheat proteins. It sells its products directly or through distributors to manufacturers and processors of finished packaged goods or to bakeries. The company was founded in 1941 and is based in Atchison, Kansas.
Long Name MGP Ingredients, Inc.
Market us_market
Market Cap 360,827,200
Market State CLOSED
Max Age 86,400
Message Board Id finmb_288133
Most Recent Quarter 1,782,777,600
Net Income To Common -240,652,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 348,621,157
Number Of Analyst Opinions 5
Open 16.44
Operating Cashflow 24,439,000
Operating Margins 0.14799
Overall Risk 5
Payout Ratio 0.96
Peg Ratio 1.14
Phone 913 367 1480
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 16.85
Post Market Time 1,787,959,805
Previous Close 16.28
Price Eps Current Year 10.199759
Price Hint 2
Price To Book 0.6106621
Price To Sales Trailing12 Months 0.72163707
Profit Margins -0.48400003
Quick Ratio 1.587
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.57
Regular Market Change Percent 3.50123
Regular Market Day High 16.99
Regular Market Day Low 16.44
Regular Market Day Range 16.44 - 16.99
Regular Market Open 16.44
Regular Market Previous Close 16.28
Regular Market Price 16.85
Regular Market Time 1,787,947,201
Regular Market Volume 186,678
Return On Assets 0.03374
Return On Equity -0.33824003
Revenue Growth -0.145
Revenue Per Share 23.373
Sand P52 Week Change 0.20504117
Sector Consumer Defensive
Sector Disp Consumer Defensive
Sector Key consumer-defensive
Share Holder Rights Risk 7
Shares Outstanding 21,414,076
Shares Percent Shares Out 0.0515
Shares Short 1,102,946
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 946,431
Short Name MGP Ingredients, Inc.
Short Percent Of Float 0.0753
Short Ratio 5.91
Source Interval 15
State KS
Symbol MGPI
Target High Price 35.0
Target Low Price 20.0
Target Mean Price 27.8
Target Median Price 30.0
Total Cash 17,794,000
Total Cash Per Share 0.831
Total Debt 377,974,016
Total Revenue 500,012,000
Tradeable 0
Trailing Annual Dividend Rate 0.48
Trailing Annual Dividend Yield 0.029484028
Trailing Eps -11.65
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 20.4479
Two Hundred Day Average Change -3.5979004
Two Hundred Day Average Change Percent -0.1759545
Type Disp Equity
Volume 186,678
Website https://www.mgpingredients.com
Zip 66,002