MGP Ingredients Inc (NASDAQ:MGPI) reported earnings of $0.44 per share missing Walls Streets expectations.

ME Staff
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MGP Ingredients Inc (NASDAQ:MGPI) reported Q2 2018 earnings this Morning, coming in at $0.44 per share, missing Wall Street’s estimates of $0.47 per Share. Revenue for the quarter came in at $88.25 million missing the streets estimates of $90.65 million

Recent Insider Trading for MGP Ingredients Inc (NASDAQ:MGPI)

  • On 8/1/2018 Karen Seaberg, Director, sold 1,266 with an average share price of $79.48 per share and the total transaction amounting to $100,621.68.
  • On 6/28/2018 Karen Seaberg, Director, sold 4,611 with an average share price of $89.56 per share and the total transaction amounting to $412,961.16.
  • On 6/7/2018 David E Dykstra, VP, sold 5,000 with an average share price of $90.63 per share and the total transaction amounting to $453,150.00.
  • On 6/4/2018 David E Rindom, VP, sold 17,402 with an average share price of $88.19 per share and the total transaction amounting to $1,534,682.38.
  • On 5/31/2018 David E Rindom, VP, sold 55,858 with an average share price of $88.24 per share and the total transaction amounting to $4,928,909.92.
  • On 5/29/2018 David E Rindom, VP, sold 7,530 with an average share price of $88.05 per share and the total transaction amounting to $663,016.50.



Dividend History for MGP Ingredients Inc (NASDAQ:MGPI)

  • On 5/2/2018 MGP Ingredients Inc announced a Quarterly dividend of $0.08 0.38% with an ex dividend date of 5/15/2018 which will be payable on 5/16/2018.
  • On 2/23/2018 MGP Ingredients Inc announced a quarterly dividend of $0.08 0.37% with an ex dividend date of 3/8/2018 which will be payable on 3/9/2018.
  • On 10/31/2017 MGP Ingredients Inc announced a Quarterly dividend of $0.04 0.22% with an ex dividend date of 11/13/2017 which will be payable on 11/14/2017.
  • On 8/3/2017 MGP Ingredients Inc announced a special dividend of $0.85 0.27% with an ex dividend date of 8/16/2017 which will be payable on 8/18/2017.
  • On 8/3/2017 MGP Ingredients Inc announced a quarterly dividend of $0.04 0.27% with an ex dividend date of 8/16/2017 which will be payable on 8/18/2017.
  • On 5/4/2017 MGP Ingredients Inc announced a quarterly dividend of $0.04 0.28% with an ex dividend date of 5/11/2017 which will be payable on 5/15/2017.
  • On 2/17/2017 MGP Ingredients Inc announced a quarterly dividend of $0.04 0.36% with an ex dividend date of 2/10/2017 which will be payable on 3/1/2017.



About Company
MGP Ingredients, Inc., together with its subsidiaries, produces and supplies distilled spirits, and specialty wheat proteins and starch food ingredients. It operates in two segments, Distillery Products and Ingredient Solutions. The Distillery Products segment provides food grade alcohol for beverage applications that include bourbon and rye whiskeys, as well as grain neutral spirits, including vodka and gin; and food grade industrial alcohol, which is used as an ingredient in foods, personal care products, cleaning solutions, pharmaceuticals, and various other products. This segment also provides distillery co-products, such as distillers feed, fuel grade alcohol, and corn oil; and warehouse services, including barrel put away, storage, and retrieval services. The Ingredient Solutions segment provides specialty wheat starches for food applications under the trademarks Fibersym Resistant Starch series, FiberRite RW Resistant Starch, Pregel Instant Starch series, and Midsol Cook-up Starch series; and specialty wheat proteins, commodity wheat starch, and commodity wheat proteins. The company sells its products directly or through distributors to the manufacturers and processors of finished packaged goods or to bakeries primarily in the United States, Japan, Thailand, and Canada. MGP Ingredients, Inc. was founded in 1941 and is headquartered in Atchison, Kansas.

Recent Analyst Rating for MGP Ingredients Inc (NASDAQ:MGPI)

  • On 5/2/2018 Quarterly, $0.08, to 0.38% with a price target of 5/15/2018
  • On 5/16/2018 6/1/2018 2/23/2018, quarterly, to $0.08 with a price target of 0.37%
  • On 3/8/2018 3/9/2018, 3/23/2018 10/31/2017, to Quarterly with a price target of $0.04
  • On 11/13/2017 11/14/2017, 12/8/2017 8/3/2017, to special with a price target of $0.85
  • On 8/16/2017 8/18/2017, 9/8/2017 8/3/2017, to quarterly with a price target of $0.04
  • On 8/16/2017 8/18/2017, 9/11/2017 5/4/2017, to quarterly with a price target of $0.04



Recent Trading for MGP Ingredients Inc (NASDAQ:MGPI)
Shares of MGP Ingredients Inc closed the previous trading session at 71.86 −8.80 10.91% with shares trading hands.