Make Sure You Stick With MGP Ingredients, Inc (MGPI). It’s Bull Time Again

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.

Stocks Info

MGP Ingredients, Inc is listed on the NASDAQ in the Consumer Defensive sector while operating in the Beverages – Wineries & Distilleries industry. The current market capitalization of MGP Ingredients, Inc is $715.46M. A total of 0.8 million shares were traded on the day, compared to an average of 385.43K shares.

In the most recent transaction, Seaberg Karen bought 11,843 shares of MGPI for 45.60 per share on Dec 11 ’24. In a previous transaction on Dec 12 ’24, Seaberg Karen bought 5,264 shares at 45.60 per share.

Among the insiders who bought shares, Mingus Lori L.S. acquired of 1,530 shares on Dec 03 ’24 at a per-share price of $90.25. In another insider transaction, Seaberg Karen bought 1,330 shares at $90.25 per share on Dec 03 ’24.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. MGP Ingredients, Inc pays an annual dividend of $0.60, resulting in a dividend yield of 1.84%, and it has a price to earnings (P/E) ratio of 6.76. MGPI’s most recent ex-dividend date was 1% when it declared a $0.12 quarterly dividend that was paid in cash on 11/15/2024. Previously, the company paid the dividend on 8/16/2024 with an ex-dividend date of 0.56%. The MGPI stock dividend was $0.12 per share in cash.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, MGPI has a high of $92.52 and a low of $31.76.

As of this writing, MGPI has an earnings estimate of $1.5 per share for the current quarter. EPS was calculated based on a consensus of 6.0 estimates, with a high estimate of $1.52 per share and a lower estimate of $1.48.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. MGPI’s latest balance sheet shows that the firm has $21.57M in Cash & Short Term Investments as of fiscal 2021. There were $243.26M in debt and $88.80M in liabilities at the time. Its Book Value Per Share was $41.66, while its Total Shareholder’s Equity was $644.26M.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MGPI is Buy with a score of 4.20.

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