About Moneygram International
MoneyGram International, Inc. is a provider of money transfer services. The Company operates through two segments: Global Funds Transfer and Financial Paper Products. The Company's Global Funds Transfer segment offers money transfer services and bill payment services primarily to unbanked and underbanked consumers. It utilizes point-of-sale platforms, including AgentConnect, DeltaWorks, Delta T3 and MoneyGram Online. The bill payment service includes ExpressPayment service. The Company offers its services under the MoneyGram brand. The Company's Financial Paper Products segment offers money orders to consumers through its retail agents and financial institutions located across the United States and Puerto Rico. Its Financial Paper Products segment provides official check outsourcing services for financial institutions across the United States. 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
- Exchange: NASDAQ
- Symbol: MGI
- CUSIP: 60935Y20
- Previous Close: $12.75
- 50 Day Moving Average: $12.45
- 200 Day Moving Average: $9.59
- 52-Week Range: $5.07 - $13.18
- Trailing P/E Ratio: 70.94
- Foreward P/E Ratio: 12.05
- P/E Growth: 1.04
- Market Cap: $678.56M
- Outstanding Shares: 53,137,000
- Beta: 2.02
- Net Margins: 0.78%
- Return on Equity: -11.22%
- Return on Assets: 1.03%
Companies Related to Moneygram International:
- Debt-to-Equity Ratio: -2.39%
- Current Ratio: 0.05%
- Quick Ratio: 0.05%
What is Moneygram International's stock symbol?
Moneygram International trades on the NASDAQ under the ticker symbol "MGI."
Where is Moneygram International's stock going? Where will Moneygram International's stock price be in 2017?
5 analysts have issued 1-year target prices for Moneygram International's stock. Their predictions range from $8.00 to $13.25. On average, they anticipate Moneygram International's stock price to reach $9.75 in the next twelve months.
When will Moneygram International announce their earnings?
Moneygram International is scheduled to release their next quarterly earnings announcement on Thursday, March, 16th 2017.
What are analysts saying about Moneygram International stock?
Here are some recent quotes from research analysts about Moneygram International stock:
According to Zacks Investment Research, "MoneyGram shares have significantly outperformed the Zacks categorized Miscellaneous Financial Services industry over the last six months. The company is poised to grown on the back of strategic mergers and acquisitions as well as alliances across the world. Several product launches, strong network expansion, cost-saving initiatives are other positives. The company's consistent investment in its digital money transfer business should drive top-line growth. For 2016, the company expects constant currency revenue growth of 7–9% and constant currency adjusted EBITDA growth of 9–11%. However, MoneyGram faces headwinds like volatile currencies, competition, rising expenses, regulatory compliance. Also, economic and geopolitical problems in some of its remittance markets might hinder top-line growth." (12/28/2016)
J P Morgan 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)
Who owns Moneygram International stock?
Moneygram International's stock is owned by a number of of institutional and retail investors. Top institutional investors include Abrams Capital Management L.P. (9.65%), FMR LLC (2.09%), Dimensional Fund Advisors LP (1.51%), Renaissance Technologies LLC (1.19%), State Street Corp (0.92%) and Numeric Investors LLC (0.88%). Company insiders that own Moneygram International stock include Coley Clark, Michael P Rafferty, Peggy Vaughan and W Bruce Turner.
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, Royce & Associates LP, AQR Capital Management LLC, GSA Capital Partners LLP, Oxford Asset Management and Metropolitan Life Insurance Co. NY.
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 Numeric Investors LLC, Renaissance Technologies LLC, Dimensional Fund Advisors LP, Two Sigma Investments LP, Martingale Asset Management L P, Menta Capital LLC, State Street Corp and Bogle Investment Management L P DE. 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.
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 $12.77.