MGP INGREDIENTS INC (MGPI)

MGP Ingredients, Inc. engages in the manufacture and trade of food, beverage, specialty wheat protein, and starch food ingredients. It operates through the following 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. It also includes warehouse services, including barrel put away, barrel storage, barrel retrieval services, and blending services. The Branded Spirits segment focuses on producing, importing, and bottling distilled spirits through distilleries and bottling facilities. The Ingredient Solutions segment is involved in specialty wheat starches, specialty wheat proteins, commodity wheat starches, and commodity wheat proteins products. The company was founded by Cloud L. Cray, Sr. in 1941 and is headquartered in Atchison, KS.

Address

1300 MAIN ST
ATCHISON, KS 66002

Founded

1941

Number of Employees

705

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
$295 $15,408 $1,518 $4,663 $2,324 $5,489 $357 $767 $715 $801 $7,500 $3,622
Average Price $8.20 $15.25 $37.15 $62.90 $85.40 $70.85 $34.22 $64.55 $79.13 $94.94 $81.12 $28.49
# Shares Purchased 35,997 1,010,135 40,870 74,132 27,214 77,481 10,437 11,887 9,032 8,437 92,447 127,097
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date 924.2% 450.7% 126.1% 33.5% -1.6% 18.6% 145.4% 30.1% 6.2% -11.5% 3.5% 194.8%
S&P 500 Return to Date 181.9% 173.0% 168.6% 129.7% 104.9% 93.1% 74.8% 31.7% 37.3% 31.3% 7.4% 94.0%
Excess Total Return 742.4% 277.7% -42.5% -96.2% -106.5% -74.5% 70.6% -1.5% -31.1% -42.9% -3.9% 100.8%
Quartile Rank
Percentile Rank 97% 92% 65% 49% 35% 46% 83% 69% 52% 26% 48% 93%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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