Moneygram International Company Profile (NASDAQ:MGI)

About Moneygram International (NASDAQ:MGI)

Moneygram International logoMoneyGram International, Inc. (MoneyGram) is a global provider of money transfer services. The Company operates through two segments: Global Funds Transfer and Financial Paper Products. The Company offers its services under the MoneyGram brand. The Company's Global Funds Transfer Segment provides 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 located across the United States and Puerto Rico. The Company's offerings include money transfers, bill payment services, money order services and official check processing. The Company's money transfer services enable its consumers to send and receive funds across the world through its global network of locations. The Company also offers Digital/Self-Service solutions, such as moneygram.com, mobile solutions, account deposit and kiosk-based services.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: IT Services
  • Sub-Industry: Data Processing & Outsourced Services
  • Symbol: NASDAQ:MGI
  • CUSIP: 60935Y20
  • Web: www.corporate.moneygram.com
Capitalization:
  • Market Cap: $938.62 million
  • Outstanding Shares: 54,037,000
Average Prices:
  • 50 Day Moving Avg: $17.30
  • 200 Day Moving Avg: $13.89
  • 52 Week Range: $5.83 - $17.92
P/E:
  • Trailing P/E Ratio: 39.48
  • Foreward P/E Ratio: 15.24
  • P/E Growth: 1.15
Sales & Book Value:
  • Annual Revenue: $1.63 billion
  • Price / Sales: 0.58
  • Book Value: ($3.69) per share
  • Price / Book: -4.71
Profitability:
  • EBIDTA: $218 million
  • Net Margins: 0.78%
  • Return on Equity: -11.22%
  • Return on Assets: 1.03%
Debt:
  • Debt-to-Equity Ratio: -2.39%
  • Current Ratio: 0.05%
  • Quick Ratio: 0.05%
Misc:
  • Average Volume: 930,136 shs.
  • Beta: 2.02
  • Short Ratio: 1.4
 

Frequently Asked Questions for Moneygram International (NASDAQ:MGI)

What is Moneygram International's stock symbol?

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

How were Moneygram International's earnings last quarter?

Moneygram International Inc (NASDAQ:MGI) released its quarterly earnings results on Thursday, May, 4th. The company reported $0.26 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.21 by $0.05. The business had revenue of $386.10 million for the quarter, compared to analysts' expectations of $387.92 million. Moneygram International had a net margin of 0.78% and a negative return on equity of 11.22%. Moneygram International's revenue was down .3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.17 earnings per share. View Moneygram International's Earnings History.

Where is Moneygram International's stock going? Where will Moneygram International's stock price be in 2017?

5 equities research analysts have issued twelve-month price targets for Moneygram International's stock. Their forecasts range from $8.00 to $13.25. On average, they anticipate Moneygram International's share price to reach $9.75 in the next twelve months. View Analyst Ratings for Moneygram International.

What are analysts saying about Moneygram International stock?

Here are some recent quotes from research analysts about Moneygram International stock:

  • 1. According to Zacks Investment Research, "MoneyGram’s earnings of $0.26 per share, surpassed the Zacks Consensus Estimate of $0.15 and increased 53% year over year. MoneyGram stock gained 45.72% year till date significantly outperforming the Zacks categorized Miscellaneous Financial Services industry that lost 1.13%. The surge in the share price can be attributed to ongoing merger with Ant Financial. The partnership with Ant Financial will enhance the strength of Moneygram which operates in an intensively competitive and fast-changing payments industry. While on its own, the company has to continually invest in business in order to keep pace with the constantly evolving industry. Consequently, an union with a stable partner will make its journey easier. However, MoneyGram faces headwinds in the form of volatile currencies, stiff competition, rising expenses from heightened regulations and compliance requirements." (5/16/2017)
  • 2. JPMorgan Chase & Co. analysts commented, "[S]hares have hovered at the $7 level over the last month, but up ~15 percent since last earnings print, despite mixed news flow that we think could keep the stock range bound in the foreseeable future; hence, we are downgrading shares to Neutral and maintain our $8 PT," (7/12/2016)

Are investors shorting Moneygram International?

Moneygram International saw a increase in short interest during the month of May. As of May 15th, there was short interest totalling 1,315,457 shares, an increase of 60.7% from the April 28th total of 818,421 shares. Based on an average trading volume of 700,776 shares, the short-interest ratio is presently 1.9 days. Currently, 4.8% of the company's shares are sold short.

Who are some of Moneygram International's key competitors?

Who owns Moneygram International stock?

Moneygram International's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Lee Thomas H Partners LP (43.68%), Vanguard Group Inc. (3.83%), Cooke & Bieler LP (2.91%), Renaissance Technologies LLC (2.67%), LSV Asset Management (2.49%) and Dimensional Fund Advisors LP (1.65%). Company insiders that own Moneygram International stock include Coley Clark, Michael P Rafferty, Peggy Vaughan and W Bruce Turner. View Institutional Ownership Trends for Moneygram International.

Who sold Moneygram International stock? Who is selling Moneygram International stock?

Moneygram International's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Cooke & Bieler LP, Lapides Asset Management LLC, Menta Capital LLC, Alliancebernstein L.P., JPMorgan Chase & Co., Bank of New York Mellon Corp and Royce & Associates LP. View Insider Buying and Selling for Moneygram International.

Who bought Moneygram International stock? Who is buying Moneygram International stock?

Moneygram International's stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, OMERS ADMINISTRATION Corp, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Morgan Stanley, Candriam Luxembourg S.C.A., OppenheimerFunds Inc., SG Americas Securities LLC and Geode Capital Management LLC. Company insiders that have bought Moneygram International stock in the last two years include Coley Clark, Michael P Rafferty, Peggy Vaughan and W Bruce Turner. View Insider Buying and Selling for Moneygram International.

How do I buy Moneygram International stock?

Shares of Moneygram International can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Moneygram International stock cost?

One share of Moneygram International stock can currently be purchased for approximately $17.37.

Analyst Ratings

Consensus Ratings for Moneygram International (NASDAQ:MGI) (?)
Ratings Breakdown: 1 Sell Rating, 4 Hold Ratings
Consensus Rating:Hold (Score: 1.80)
Consensus Price Target: $9.75 (43.87% downside)

Analysts' Ratings History for Moneygram International (NASDAQ:MGI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/17/2017Feltl & Co.DowngradeHold -> SellLowView Rating Details
1/26/2017First AnalysisDowngradeOverweight -> Equal WeightN/AView Rating Details
1/26/2017William BlairDowngradeOutperform -> Market PerformN/AView Rating Details
10/11/2016Compass PointReiterated RatingNeutral$8.00N/AView Rating Details
7/12/2016JPMorgan Chase & Co.DowngradeOverweight -> Neutral$8.00N/AView Rating Details
2/22/2016Northland SecuritiesInitiated CoverageMarket PerformN/AView Rating Details
8/3/2015Evercore ISIUpgradeSell -> Hold$7.00 -> $10.00N/AView Rating Details
7/6/2015Bank of America CorpReiterated RatingUnderperformN/AView Rating Details
6/24/2015MacquarieDowngradeOutperform -> Neutral$12.00 -> $11.00N/AView Rating Details
5/27/2015Goldman Sachs Group IncInitiated CoverageNeutral$11.00N/AView Rating Details
(Data available from 5/27/2015 forward)

Earnings

Earnings History for Moneygram International (NASDAQ:MGI)
Earnings by Quarter for Moneygram International (NASDAQ:MGI)
Earnings History by Quarter for Moneygram International (NASDAQ:MGI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/4/2017Q1 2017$0.21$0.26$387.92 million$386.10 millionViewN/AView Earnings Details
3/15/2017Q4 2016$0.24$0.20$397.07 million$416.20 millionViewN/AView Earnings Details
10/28/2016Q316$0.15$0.25$389.53 million$383.10 millionViewListenView Earnings Details
7/29/2016Q216$0.21$0.15$389.16 million$383.70 millionViewListenView Earnings Details
4/29/2016Q116$0.17$0.17$355.31 million$358.40 millionViewListenView Earnings Details
2/11/2016Q415$0.22$0.23$376.63 million$376.70 millionViewListenView Earnings Details
10/30/2015Q315$0.21$0.24$362.60 million$368.60 millionViewListenView Earnings Details
7/31/2015Q215$0.15$0.23$346.81 million$358.80 millionViewListenView Earnings Details
5/1/2015Q115$0.10$0.11$333.41 million$330.60 millionViewN/AView Earnings Details
2/12/2015Q414$0.22$0.18$345.10 million$349.60 millionViewN/AView Earnings Details
10/31/2014Q314$0.30$0.22$371.90 million$358.00 millionViewN/AView Earnings Details
8/1/2014Q214$0.32$0.23$371.57 million$328.30 millionViewN/AView Earnings Details
4/29/2014Q114$0.28$0.37$371.96 million$374.90 millionViewN/AView Earnings Details
2/11/2014Q413$0.35$0.39$389.34 million$385.80 millionViewN/AView Earnings Details
10/24/2013Q313$0.34$0.31$371.34 million$383.00 millionViewN/AView Earnings Details
7/25/2013Q2 2013$0.31$0.32$355.73 million$365.10 millionViewN/AView Earnings Details
5/2/2013Q1 2013$0.24$0.27$343.08 million$340.50 millionViewListenView Earnings Details
2/6/2013Q4 2012$0.26$0.28$345.98 million$354.40 millionViewListenView Earnings Details
11/9/2012Q312$0.27$0.28$343.28 million$338.60 millionViewN/AView Earnings Details
7/26/2012$0.23$0.23ViewN/AView Earnings Details
4/26/2012$0.20$0.22ViewN/AView Earnings Details
2/3/2012$0.21$0.04ViewN/AView Earnings Details
10/27/2011$0.03$0.03ViewN/AView Earnings Details
7/28/2011$0.02($1.37)ViewN/AView Earnings Details
4/28/2011$0.02($0.26)ViewN/AView Earnings Details
2/4/2011($0.35)($0.23)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Moneygram International (NASDAQ:MGI)
Current Year EPS Consensus Estimate: $1.00 EPS
Next Year EPS Consensus Estimate: $1.14 EPS

Dividends

Dividend History for Moneygram International (NASDAQ:MGI)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Moneygram International (NASDAQ:MGI)
Insider Ownership Percentage: 48.70%
Institutional Ownership Percentage: 83.86%
Insider Trades by Quarter for Moneygram International (NASDAQ:MGI)
Institutional Ownership by Quarter for Moneygram International (NASDAQ:MGI)
Insider Trades by Quarter for Moneygram International (NASDAQ:MGI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/3/2016Michael P. RaffertyDirectorBuy1,500$6.44$9,660.00View SEC Filing  
5/19/2016W Bruce TurnerDirectorBuy5,944$5.91$35,129.04View SEC Filing  
5/13/2016W Bruce TurnerDirectorBuy15,000$5.88$88,200.00View SEC Filing  
5/6/2016Michael P RaffertyDirectorBuy1,000$5.90$5,900.00View SEC Filing  
3/9/2016Peggy VaughanDirectorBuy8,284$6.04$50,035.36View SEC Filing  
2/23/2016W Bruce TurnerDirectorBuy14,675$5.04$73,962.00View SEC Filing  
2/22/2016Coley ClarkDirectorBuy5,000$5.42$27,100.00View SEC Filing  
8/29/2014Grant A LinesEVPBuy5,000$14.00$70,000.00View SEC Filing  
4/2/2014Thomas H. Lee Advisors, Llcmajor shareholderSell12,640,396$16.16$204,268,799.36View SEC Filing  
2/14/2014Jeffrey AllbackEVPSell6,328$19.22$121,624.16View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Moneygram International (NASDAQ:MGI)
Latest Headlines for Moneygram International (NASDAQ:MGI)
Source:
DateHeadline
finance.yahoo.com logoMoneyGram International, Inc. breached its 50 day moving average in a Bullish Manner : MGI-US : May 24, 2017
finance.yahoo.com - May 24 at 10:44 AM
finance.yahoo.com logoCricket Fans to Compete for Cash during 2017 MoneyGram Cricket Bee™
finance.yahoo.com - May 24 at 10:44 AM
americanbankingnews.com logoMoneygram International Inc (MGI) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - May 23 at 7:48 AM
finance.yahoo.com logo[$$] Compliance officers find themselves in line of fire
finance.yahoo.com - May 22 at 10:10 AM
seekingalpha.com logoRisk Arbitrage Today: Another Bidding War?
seekingalpha.com - May 18 at 8:34 AM
americanbankingnews.com logoMoneygram International Inc (MGI) Expected to Post Quarterly Sales of $417.61 Million
www.americanbankingnews.com - May 17 at 9:46 AM
americanbankingnews.com logoMoneygram International Inc (MGI) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - May 16 at 1:34 PM
finance.yahoo.com logoMoneyGram Stockholders Overwhelmingly Approve Merger with Ant Financial
finance.yahoo.com - May 16 at 10:30 AM
americanbankingnews.com logo Brokerages Anticipate Moneygram International Inc (MGI) Will Announce Earnings of $0.17 Per Share
www.americanbankingnews.com - May 15 at 6:22 PM
investopedia.com logoLawmakers Sound Alarm on MoneyGram Takeover (MGI, BABA)
www.investopedia.com - May 15 at 5:56 PM
finance.yahoo.com logoETFs with exposure to MoneyGram International, Inc. : May 9, 2017
finance.yahoo.com - May 9 at 6:13 PM
finance.yahoo.com logoAnt Financial Launches MoneyGram Transaction Website
finance.yahoo.com - May 9 at 11:49 AM
finance.yahoo.com logoMoneyGram International, Inc. :MGI-US: Earnings Analysis: Q1, 2017 By the Numbers : May 8, 2017
finance.yahoo.com - May 8 at 12:33 PM
rttnews.com logoMoneyGram International Inc Reports 59% Advance In Q1 Profit
www.rttnews.com - May 6 at 9:06 AM
finance.yahoo.com logoMoneyGram (MGI) Beats Q1 Earnings Estimates, Merger on Track
finance.yahoo.com - May 5 at 6:46 PM
finance.yahoo.com logoMoneyGram tops 1Q profit forecasts
finance.yahoo.com - May 5 at 9:11 AM
finance.yahoo.com logoAnt Financial Sees MoneyGram Deal Boosting Valuation
finance.yahoo.com - May 4 at 11:37 PM
americanbankingnews.com logoMoneygram International Inc (MGI) Posts Earnings Results, Beats Expectations By $0.05 EPS
www.americanbankingnews.com - May 4 at 11:32 PM
americanbankingnews.com logoMoneygram International (MGI) Receiving Somewhat Negative Media Coverage, Report Finds
www.americanbankingnews.com - May 4 at 7:20 PM
finance.yahoo.com logoFormer MoneyGram exec settles closely watched U.S. money laundering case
finance.yahoo.com - May 4 at 6:35 PM
finance.yahoo.com logoChina's Ant set to ink $3.5 billion loan to help fund MoneyGram bid - Basis Point
finance.yahoo.com - May 4 at 11:39 AM
finance.yahoo.com logoEuronet Worldwide Keeps Its Acquisition Powder Dry
finance.yahoo.com - May 1 at 5:32 PM
feeds.benzinga.com logoWith MoneyGram Up For Grabs, Will M&A Take Hold In The Money Transfer Space?
feeds.benzinga.com - April 29 at 6:48 PM
americanbankingnews.com logoMoneygram International (MGI) Given Daily Coverage Optimism Rating of -0.22
www.americanbankingnews.com - April 29 at 7:49 AM
americanbankingnews.com logoMoneygram International (MGI) Earning Somewhat Positive Media Coverage, Report Finds
www.americanbankingnews.com - April 25 at 9:26 PM
americanbankingnews.com logoMoneygram International Inc (MGI) Expected to Announce Earnings of $0.15 Per Share
www.americanbankingnews.com - April 25 at 12:26 AM
finance.yahoo.com logoChina's Ant Financial hunts Japan partner amid Asia expansion
finance.yahoo.com - April 24 at 3:47 PM
americanbankingnews.com logoMoneygram International (MGI) Receives Daily News Sentiment Rating of 0.02
www.americanbankingnews.com - April 19 at 12:11 PM
finance.yahoo.com logoMoneyGram's Bidding War on Hold
finance.yahoo.com - April 18 at 5:55 PM
finance.yahoo.com logoAnt Financial's proposed MoneyGram takeover will be 'win-win' for both: MoneyGram CEO
finance.yahoo.com - April 18 at 5:55 PM
finance.yahoo.com logoMoneyGram Sendbot™ Unveiled at Facebook's F8 Conference
finance.yahoo.com - April 18 at 5:55 PM
americanbankingnews.com logoFeltl & Co. Downgrades Moneygram International Inc (MGI) to Sell
www.americanbankingnews.com - April 18 at 8:19 AM
finance.yahoo.com logoMorning Movers: Constellation Brands Climbs, Incyte, Eli Lilly Tumble
finance.yahoo.com - April 17 at 5:48 PM
finance.yahoo.com logoSTOCKS RALLY: Here's what you need to know
finance.yahoo.com - April 17 at 5:47 PM
finance.yahoo.com logoWhy Straight Path Communications, Alere, and MoneyGram International Jumped Today
finance.yahoo.com - April 17 at 5:47 PM
feeds.benzinga.com logoAlibaba's Ma Really Wants To Buy MoneyGram But Will It Be Approved?
feeds.benzinga.com - April 17 at 12:29 PM
investorplace.com logoMoneygram International Inc (MGI) Stock Flies on Ant Financial Bid
investorplace.com - April 17 at 10:58 AM
247wallst.com logoWill Alibaba Prevail in Bidding War for MoneyGram?
247wallst.com - April 17 at 10:15 AM
News IconAnt Financial ups its bid for MoneyGram
www.businessinsider.com - April 17 at 10:15 AM
streetinsider.com logoMoneyGram (MGI), Ant Financial Agree to Amended $18/Share Merger Deal
www.streetinsider.com - April 17 at 10:15 AM
finance.yahoo.com logoChina's Ant hikes MoneyGram bid by more a third, beats rival U.S. offer
finance.yahoo.com - April 17 at 10:15 AM
cnbc.com logoChina's Ant Financial raises offer for MoneyGram to $1.2 bln
www.cnbc.com - April 16 at 11:09 PM
americanbankingnews.com logoMoneygram International (MGI) Earns Daily Media Impact Rating of -0.10
www.americanbankingnews.com - April 16 at 12:17 PM
americanbankingnews.com logoShort Interest in Moneygram International Inc (MGI) Declines By 78.2%
www.americanbankingnews.com - April 15 at 12:50 PM
finance.yahoo.com logoIs Moneygram International (MGI) a Great Growth Stock?
finance.yahoo.com - April 13 at 6:16 PM
finance.yahoo.com logoSetting the Record Straight on Euronet and its Hostile Proposal for MoneyGram
finance.yahoo.com - April 12 at 7:27 PM
finance.yahoo.com logoEurogram ups bid for MoneyGram
finance.yahoo.com - April 12 at 7:27 PM
seekingalpha.com logoBattle for MoneyGram International heats up
seekingalpha.com - April 11 at 12:56 PM
finance.yahoo.com logoThe Risk in PayPal’s Proposed Acquisition of Tio Networks
finance.yahoo.com - April 7 at 11:11 AM
finance.yahoo.com logoAnt Financial Publishes Open Letter to the MoneyGram Community
finance.yahoo.com - April 7 at 11:11 AM

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Chart

Moneygram International (MGI) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff