Company MGP Ingredients, Inc.

Equities

MGPI

US55303J1060

Distillers & Wineries

Market Closed - Nasdaq 04:00:00 2024-04-24 pm EDT 5-day change 1st Jan Change
77.9 USD -2.09% Intraday chart for MGP Ingredients, Inc. +0.15% -20.93%

Business Summary

MGP Ingredients, Inc. is a producer and supplier of distilled spirits, branded spirits, and food ingredients. The Company operates through three segments: Distilling Solutions, Branded Spirits, and Ingredient Solutions. The Distilling Solutions segment consists of food grade alcohol and distillery co-products, such as distillers feed, fuel grade alcohol, and corn oil. This segment also includes warehouse services, including barrel put away, storage, and retrieval services, as well as blending services. The Branded Spirits segment consists of a portfolio of high-quality brands, which it produces through its distilleries and bottling facilities and sell to distributors pursuant to customer contracts and purchase orders. Its Ingredient Solutions segment consists primarily of specialty wheat starches, specialty wheat proteins, commodity wheat starches, and commodity wheat proteins. It is also a producer of industrial alcohol for use in both food and non-food applications.

Number of employees: 705

Sales per Business

USD in Million2022Weight2023Weight Delta
Distilling Solutions
53.9 %
428 54.8 % 451 53.9 % +5.22%
Branded Spirits
30.4 %
238 30.4 % 254 30.4 % +6.72%
Ingredient Solutions
15.7 %
116 14.8 % 132 15.7 % +13.62%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
94.0 %
726 92.8 % 787 94.0 % +8.41%
Foreign
6.0 %
57 7.2 % 50 6.0 % -12.16%

Managers

Managers TitleAgeSince
Chief Executive Officer 56 21-03-31
Director of Finance/CFO 42 11-12-31
Chief Tech/Sci/R&D Officer - 10-12-31
Chief Tech/Sci/R&D Officer 61 14-12-01
Investor Relations Contact - -
Corporate Officer/Principal - 04-12-31
Corporate Officer/Principal - 22-07-05
Sales & Marketing - 21-03-31
Corporate Officer/Principal - -
Corporate Officer/Principal 40 -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 67 21-06-16
Chairman 76 09-07-31
Director/Board Member 62 21-06-16
Chief Executive Officer 56 21-03-31
Director/Board Member 63 21-05-31
Director/Board Member 62 22-05-25
Director/Board Member 48 21-06-16
Director/Board Member 53 20-06-29
Director/Board Member 54 22-05-25

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 23,117,430 13,904,136 ( 60.15 %) 1,109,053 ( 4.797 %) 60.14 %
Stock B 0 437 0 0

Shareholders

NameEquities%Valuation
3,953,185 17.92 % 340 M $
BlackRock Advisors LLC
11.67 %
2,575,034 11.67 % 222 M $
Cray MGP Holdings LP
9.708 %
2,142,101 9.708 % 184 M $
Vanguard Fiduciary Trust Co.
5.105 %
1,126,323 5.105 % 97 M $
Champlain Investment Partners LLC
4.941 %
1,090,231 4.941 % 94 M $
Paul S Lux
4.514 %
996,021 4.514 % 86 M $
Stephens Investment Management Group LLC
4.028 %
888,850 4.028 % 77 M $
Dimensional Fund Advisors LP
3.165 %
698,346 3.165 % 60 M $
587,977 2.665 % 51 M $
SouthernSun Asset Management LLC
2.133 %
470,661 2.133 % 41 M $
NameEquities%Valuation
297 67.96 % 25 581 $
111 25.40 % 9 560 $

Company contact information

MGP Ingredients, Inc.

Cray Business Plaza 100 Commercial Street

66002-2514, Atchison

+913 367 1480

http://www.mgpingredients.com
address MGP Ingredients, Inc.(MGPI)

Group companies

NameCategory and Sector
Beverages: Alcoholic

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
79.56 USD
Average target price
114.9 USD
Spread / Average Target
+44.37%
Consensus
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