|Bid||33.75 x 1100|
|Ask||36.06 x 2200|
|Day's Range||33.95 - 34.39|
|52 Week Range||33.06 - 100.00|
|Beta (5Y Monthly)||1.70|
|PE Ratio (TTM)||15.51|
|Earnings Date||Feb 25, 2020|
|Forward Dividend & Yield||0.40 (1.17%)|
|Ex-Dividend Date||Nov 12, 2019|
|1y Target Est||42.50|
MGP Ingredients, Inc. (MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today announced that it will hold a conference call/webcast to discuss results for the fourth quarter and full year ended December 31, 2019, on Wednesday, February 26, at 10 a.m. ET. Management on the call will include Gus Griffin, president and CEO, and Brandon Gall, vice president of finance and CFO. Founded in 1941, MGP is a leading supplier of premium distilled spirits and specialty wheat proteins and starches.
MGP Ingredients, Inc. (MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, announced today Chief Executive Officer Gus Griffin’s plans to retire from the Company and its Board at the Company’s annual meeting of stockholders on May 21, 2020. The Board named David Colo, currently a director of MGP, as President and Chief Operating Officer effective March 16 until he assumes the role of CEO upon Griffin’s retirement in May. Under his leadership, the Company developed and successfully implemented a new long-term strategic plan that produced significant improvements in the Company’s financial results while also establishing a strong foundation for future growth.
To the annoyance of some shareholders, MGP Ingredients (NASDAQ:MGPI) shares are down a considerable 30% in the last...
MGP Ingredients (NASDAQ: MGPI) has launched the New Year with two limited releases from George Remus Bourbon and Rossville Union Rye. The Distillery's proprietary bourbon and rye will be offered in single barrels, both available in two mash bills. George Remus Single Barrel Straight Bourbon Whiskey is offered at cask strength in two mash bills that reflect MGP's signature high-rye bourbon character with an SRP of $59.99. Rossville Union Single Barrel Straight Rye Whiskey is a bottled-in-bond (100-proof) release offered in two mash bills with an SRP of $49.99.
Is MGP Ingredients, Inc. (NASDAQ:MGPI) a good dividend stock? How can we tell? Dividend paying companies with growing...
David Zane has joined the MGP Ingredients (MGPI) spirits brands team as market manager in Texas, bolstering MGP’s position in this key market. Zane also has specialized financial acumen related to the alcoholic beverage industry. Most recently, he served as Midwest manager for Dallas-based Lazy Magnolia Brewing Co., where he was responsible for the Texas, Oklahoma, Missouri, Kansas and Arkansas territory.
Shareholder Rights Law Firm Johnson Fistel, LLP, is investigating potential claims against MGP Ingredients, Inc. ("MGP or the "Company") (NASDAQ: MGPI) for violations of federal securities laws.
Shares of MGP Ingredients were down 24% on Friday morning, after the Kansas-based distiller warned that unsold whiskey left it with a sales shortfall.
MGP Ingredients shares slumped Friday, after the private-label distiller lowered earnings guidance amid weaker-than-expected whiskey sales. The company now projects full-year 2019 earnings per share will come in at $2.20 to $2.30 a share. "The shortfall versus our previously communicated guidance is the result of us ultimately being unsuccessful in transacting a large portion of the aged whiskey sales we had forecast for the fourth quarter," CEO Gus Griffin said in a statement.
“The shortfall versus our previously communicated guidance is the result of us ultimately being unsuccessful in transacting a large portion of the aged whiskey sales we had forecast for the fourth quarter,” said Gus Griffin, president and CEO of MGP Ingredients. The Company expects to release its financial results before the market opens on Wednesday, February 26, 2020.
When you buy a stock there is always a possibility that it could drop 100%. But when you pick a company that is really...
We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
ATCHISON, Kan., Nov. 25, 2019 -- MGP Ingredients, Inc. (Nasdaq: MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today.
Atchison-based MGP Ingredients Inc. pleaded guilty to negligently violating the Clean Air Act, with the 2016 release of a chlorine gas cloud over its hometown. The gas is a highly toxic substance that has been used for chemical warfare.
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
MGP (MGPI) delivered earnings and revenue surprises of -28.36% and -8.31%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
ATCHISON, Kan., Oct. 31, 2019 -- MGP Ingredients, Inc. (Nasdaq:MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today reported.
ATCHISON, Kan., Oct. 31, 2019 -- MGP Ingredients, Inc. (Nasdaq:MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today announced.