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 1926 and is based in Dallas, Texas.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Business services, not elsewhere classified
Sub-IndustryData Processing & Outsourced Services
SectorFinance
SymbolNASDAQ:MGI
CUSIP60935Y20
Phone214-999-7552
Debt
Debt-to-Equity Ratio-2.15
Current Ratio0.05
Quick Ratio0.05
Price-To-Earnings
Trailing P/E Ratio6.71
Forward P/E Ratio8.94
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.60 billion
Price / Sales0.16
Cash Flow$3.4286 per share
Price / Cash1.33
Book Value($7.91) per share
Price / Book-0.58
Profitability
EPS (Most Recent Fiscal Year)$0.88
Net Income$-29,800,000.00
Net Margins-2.27%
Return on Equity-8.32%
Return on Assets0.74%
Miscellaneous
Employees1,180
Outstanding Shares55,610,000
Market Cap$253.57 million
Moneygram International (NASDAQ:MGI) Frequently Asked Questions
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) announced its earnings results on Friday, August, 3rd. The financial services provider reported $0.21 EPS for the quarter, beating the Zacks' consensus estimate of $0.15 by $0.06. The financial services provider earned $374.60 million during the quarter, compared to analysts' expectations of $387.37 million. Moneygram International had a negative net margin of 2.27% and a negative return on equity of 8.32%. The firm's revenue was down 8.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.27 earnings per share. View Moneygram International's Earnings History.
When is Moneygram International's next earnings date?
What price target have analysts set for MGI?
2 brokers have issued 1 year price targets for Moneygram International's shares. Their predictions range from $6.50 to $6.50. On average, they expect Moneygram International's share price to reach $6.50 in the next year. This suggests a possible upside of 42.5% from the stock's current price. View Analyst Price Targets for Moneygram International.
What is the consensus analysts' recommendation for Moneygram International?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Moneygram International in the last year. There are currently 1 sell rating and 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Moneygram International.
Who are some of Moneygram International's key competitors?
Some companies that are related to Moneygram International include Exela Technologies (XELA), Cass Information Systems (CASS), eXp World (EXPI), QuinStreet (QNST), TechTarget (TTGT), Qiwi (QIWI), i3 Verticals (IIIV), Resources Connection (RECN), B. Riley Financial (RILY), Limelight Networks (LLNW), International Money Express (IMXI), Rimini Street (RMNI), InnerWorkings (INWK), NEWTEK Business Services (NEWT) and Reis (REIS).
Who are Moneygram International's key executives?
Moneygram International's management team includes the folowing people:
- Mr. W. Alexander Holmes, Chairman & CEO (Age 43)
- Mr. Lawrence Angelilli, Exec. VP & CFO (Age 62)
- Mr. Francis Aaron Henry, Exec. VP, Gen. Counsel & Corp. Sec. (Age 52)
- Mr. Grant A. Lines, Global Chief Revenue Officer (Age 53)
- Ms. Kamila K. Chytil, Chief Global Operations Officer (Age 38)
Who are Moneygram International's major shareholders?
Which institutional investors are selling Moneygram International stock?
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, Scottrade, Fidelity and Charles Schwab.
What is Moneygram International's stock price today?
One share of MGI stock can currently be purchased for approximately $4.56.
How big of a company is Moneygram International?
Moneygram International has a market capitalization of $253.57 million and generates $1.60 billion in revenue each year. The financial services provider earns $-29,800,000.00 in net income (profit) each year or $0.88 on an earnings per share basis. Moneygram International employs 1,180 workers across the globe.
What is Moneygram International's official website?
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]
MarketBeat Community Rating for Moneygram International (NASDAQ MGI)
MarketBeat's community ratings are surveys of what our community members think about Moneygram International and other stocks. Vote "Outperform" if you believe MGI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MGI will underperform the S&P 500 over the long term. You may vote once every thirty days.
