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NASDAQ:MGI

Moneygram International Stock Forecast, Price & News

$2.99
-0.10 (-3.24 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$2.97
Now: $2.99
$3.15
50-Day Range
$2.89
MA: $3.23
$3.79
52-Week Range
$1.15
Now: $2.99
$5.07
Volume1.80 million shs
Average Volume2.26 million shs
Market Capitalization$190.06 million
P/E RatioN/A
Dividend YieldN/A
Beta2.41
MoneyGram International, Inc., together with its subsidiaries, provides money transfer services in the United States and internationally. The company operates through two segments, Global Funds Transfer and Financial Paper Products. The Global Funds Transfer segment offers money transfer services and bill payment services primarily to unbanked and underbanked consumers. The Financial Paper Products segment provides money orders to consumers through its agents and financial institutions; and official check outsourcing services for financial institutions. This segment sells its money orders under the MoneyGram brand and on a private label or co-branded basis with retail and financial institution. The company also offers digital solutions, such as moneygram.com, mobile solutions, account deposit, and kiosk-based services. MoneyGram International, Inc. was founded in 1940 and is based in Dallas, Texas.
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Moneygram International logo

Beat the Market (BTM) Rank

Analyst Opinion: 0.9Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.72 out of 5 stars


Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryData Processing & Outsourced Services
SectorFinance
Current SymbolNASDAQ:MGI
CUSIP60935Y20
Phone214-999-7552

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.29 billion
Cash Flow$2.05 per share
Book Value($6.84) per share

Profitability

Net Income$-60,300,000.00

Miscellaneous

Employees2,252
Market Cap$190.06 million
Next Earnings Date10/29/2020 (Estimated)
OptionableOptionable
$2.99
-0.10 (-3.24 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Moneygram International (NASDAQ:MGI) Frequently Asked Questions

How has Moneygram International's stock been impacted by Coronavirus (COVID-19)?

Moneygram International's stock was trading at $1.84 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MGI stock has increased by 62.5% and is now trading at $2.99.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Moneygram International?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Moneygram International in the last year. There are currently 1 sell rating and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Moneygram International
.

When is Moneygram International's next earnings date?

Moneygram International is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for Moneygram International
.

How were Moneygram International's earnings last quarter?

Moneygram International Inc (NASDAQ:MGI) posted its quarterly earnings results on Thursday, July, 30th. The financial services provider reported $0.01 EPS for the quarter, topping the Zacks' consensus estimate of ($0.13) by $0.14. The financial services provider earned $279.80 million during the quarter.
View Moneygram International's earnings history
.

What price target have analysts set for MGI?

4 equities research analysts have issued 12-month price targets for Moneygram International's stock. Their forecasts range from $1.00 to $1.00. On average, they expect Moneygram International's stock price to reach $1.00 in the next year. This suggests that the stock has a possible downside of 66.6%.
View analysts' price targets for Moneygram International
.

Are investors shorting Moneygram International?

Moneygram International saw a increase in short interest in August. As of August 31st, there was short interest totaling 2,070,000 shares, an increase of 10.1% from the August 15th total of 1,880,000 shares. Based on an average daily volume of 2,060,000 shares, the days-to-cover ratio is currently 1.0 days. Approximately 4.1% of the shares of the company are sold short.
View Moneygram International's Short Interest
.

Who are some of Moneygram International's key competitors?

What other stocks do shareholders of Moneygram International own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Moneygram International investors own include The Western Union (WU), Coty (COTY), Ford Motor (F), AbbVie (ABBV), Advanced Micro Devices (AMD), NIO (NIO), Pfizer (PFE), Sorrento Therapeutics (SRNE), General Electric (GE) and Alibaba Group (BABA).

Who are Moneygram International's key executives?

Moneygram International's management team includes the following people:
  • Mr. W. Alexander Holmes, Chairman & CEO (Age 44)
  • Mr. Lawrence Angelilli, Exec. VP & CFO (Age 63)
  • Ms. Kamila K. Chytil, Chief Global Operations Officer (Age 39)
  • Mr. Francis Aaron Henry, Exec. VP, Gen. Counsel & Corp. Sec. (Age 53)
  • Mr. Grant A. Lines, Chief Revenue Officer (Age 54)

What is Moneygram International's stock symbol?

Moneygram International trades on the NASDAQ under the ticker symbol "MGI."

Who are Moneygram International's major shareholders?

Moneygram International's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Schonfeld Strategic Advisors LLC (0.70%), Charles Schwab Investment Management Inc. (0.45%), Antara Capital LP (0.39%), Lindbrook Capital LLC (0.37%), Bank of New York Mellon Corp (0.35%) and Gabelli Funds LLC (0.32%). Company insiders that own Moneygram International stock include Ripple Labs Inc and Thomas H Lee Advisors, Llc.
View institutional ownership trends for Moneygram International
.

Which major investors are selling Moneygram International stock?

MGI stock was sold by a variety of institutional investors in the last quarter, including Teton Advisors Inc., Lindbrook Capital LLC, Bank of America Corp DE, Gabelli Funds LLC, Quilter Plc, and Gamco Investors INC. ET AL.
View insider buying and selling activity for Moneygram International
.

Which major investors are buying Moneygram International stock?

MGI stock was bought by a variety of institutional investors in the last quarter, including Schonfeld Strategic Advisors LLC, Antara Capital LP, Charles Schwab Investment Management Inc., Bank of New York Mellon Corp, Nuveen Asset Management LLC, Jane Street Group LLC, California Public Employees Retirement System, and New York State Common Retirement Fund.
View insider buying and selling activity for Moneygram International
.

How do I buy shares of Moneygram International?

Shares of MGI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Moneygram International's stock price today?

One share of MGI stock can currently be purchased for approximately $2.99.

How big of a company is Moneygram International?

Moneygram International has a market capitalization of $190.06 million and generates $1.29 billion in revenue each year. The financial services provider earns $-60,300,000.00 in net income (profit) each year or ($0.06) on an earnings per share basis. Moneygram International employs 2,252 workers across the globe.

What is Moneygram International's official website?

The official website for Moneygram International is www.corporate.moneygram.com.

How can I contact Moneygram International?

Moneygram International's mailing address is 2828 NORTH HARWOOD STREET 15TH FLOOR, DALLAS TX, 75201. The financial services provider can be reached via phone at 214-999-7552 or via email at [email protected]

This page was last updated on 9/19/2020 by MarketBeat.com Staff

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