MGP Ingredients (MGPI) – Analysts’ Recent Ratings Changes

Several brokerages have updated their recommendations and price targets on shares of MGP Ingredients (NASDAQ: MGPI) in the last few weeks:

• 5/4/2026 – MGP Ingredients was downgraded by Weiss Ratings from “sell (d)” to “sell (d-)”.
• 4/30/2026 – MGP Ingredients had its price target lowered by TD Cowen from $22.00 to $20.00. They now have a “hold” rating on the stock.
• 4/28/2026 – MGP Ingredients was upgraded by Zacks Research from “strong sell” to “hold”.
• 4/21/2026 – MGP Ingredients had its “sell (d)” rating reaffirmed by Weiss Ratings.

MGP Ingredients Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Friday, May 15th. MGP Ingredients’s dividend payout ratio (DPR) is presently -4.31%.

MGP Ingredients, Inc (NASDAQ: MGPI) is a leading producer of distilled spirits and specialty ingredient solutions for the food, beverage and consumer products industries. Headquartered in Atchison, Kansas, the company operates two main facilities—its historic Atchison plant, founded in 1941 as Midwest Grain Products, and a modern distillery in Lawrenceburg, Indiana. MGP Ingredients supplies an array of distillation products under its beverage and ingredient segments, serving brand owners, private-label producers and co-packers worldwide.

The beverage segment features a broad portfolio of premium spirits, including bourbon and rye whiskies, vodka, gin and neutral spirits.