NASDAQ:MGI - Moneygram International Stock Price, News, & Analysis

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$1.68 -0.16 (-8.70 %)
(As of 05/19/2019 04:00 PM ET)
Previous Close$1.68
Today's Range$1.67 - $1.85
52-Week Range$1.59 - $7.41
Volume1.21 million shs
Average Volume830,323 shs
Market Capitalization$94.74 million
P/E Ratio3.91
Dividend YieldN/A
Beta1.97
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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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$1.45 billion
Cash Flow$2.8966 per share
Book Value($8.27) per share

Profitability

Net Income$-24,000,000.00

Miscellaneous

Employees2,436
Market Cap$94.74 million
Next Earnings Date8/2/2019 (Estimated)
OptionableOptionable

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) issued its earnings results on Wednesday, May, 8th. The financial services provider reported ($0.06) EPS for the quarter, missing the consensus estimate of $0.02 by $0.08. The financial services provider had revenue of $315.40 million for the quarter, compared to the consensus estimate of $332.98 million. Moneygram International had a negative net margin of 3.22% and a negative return on equity of 4.67%. The business's revenue was down 17.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.15 EPS. View Moneygram International's Earnings History.

When is Moneygram International's next earnings date?

Moneygram International is scheduled to release their next quarterly earnings announcement on Friday, August 2nd 2019. View Earnings Estimates for Moneygram International.

What guidance has Moneygram International issued on next quarter's earnings?

Moneygram International updated its FY 2019 earnings guidance on Wednesday, May, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.39-1.419 billion, compared to the consensus revenue estimate of $1.39 billion.

What price target have analysts set for MGI?

4 brokerages have issued 1-year price targets for Moneygram International's shares. Their forecasts range from $2.00 to $6.50. On average, they expect Moneygram International's share price to reach $4.6667 in the next twelve months. This suggests a possible upside of 177.8% from the stock's current price. View Analyst Price Targets for Moneygram International.

What is the consensus analysts' recommendation for Moneygram International?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Moneygram International in the last year. There are currently 2 sell ratings, 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Moneygram International.

Has Moneygram International been receiving favorable news coverage?

News stories about MGI stock have been trending somewhat positive this week, according to InfoTrie. The research group identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Moneygram International earned a media sentiment score of 1.9 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

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), Range Resources (RRC), Trevena (TRVN), ConforMIS (CFMS), Ituran Location and Control Ltd. (US) (ITRN), Novavax (NVAX), Pointer Telocation (PNTR), Alibaba Group (BABA), Booking (BKNG) and Micron Technology (MU).

Who are Moneygram International's key executives?

Moneygram International's management team includes the folowing 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)

Who are Moneygram International's major shareholders?

Moneygram International's stock is owned by a number of of institutional and retail investors. Top institutional investors include Beach Point Capital Management LP (5.23%), BlackRock Inc. (3.97%), AQR Capital Management LLC (2.74%), Acadian Asset Management LLC (1.74%), Dimensional Fund Advisors LP (1.37%) and State of Wisconsin Investment Board (1.10%). 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 State of Wisconsin Investment Board, Man Group plc, Dimensional Fund Advisors LP, Alambic Investment Management L.P., Jefferies Group LLC, Gamco Investors INC. ET AL and California Public Employees Retirement System. View Insider Buying and Selling for Moneygram International.

Which major investors are buying Moneygram International stock?

MGI stock was acquired by a variety of institutional investors in the last quarter, including Beach Point Capital Management LP, AQR Capital Management LLC, Renaissance Technologies LLC, Acadian Asset Management LLC, GABELLI & Co INVESTMENT ADVISERS INC., Parametric Portfolio Associates LLC, Wedbush Securities Inc. and Charles Schwab Investment Management Inc.. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Moneygram International's stock price today?

One share of MGI stock can currently be purchased for approximately $1.68.

How big of a company is Moneygram International?

Moneygram International has a market capitalization of $94.74 million and generates $1.45 billion in revenue each year. The financial services provider earns $-24,000,000.00 in net income (profit) each year or $0.43 on an earnings per share basis. Moneygram International employs 2,436 workers across the globe.

What is Moneygram International's official website?

The official website for Moneygram International is http://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]


MarketBeat Community Rating for Moneygram International (NASDAQ MGI)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  323 (Vote Outperform)
Underperform Votes:  433 (Vote Underperform)
Total Votes:  756
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.
This page was last updated on 5/19/2019 by MarketBeat.com Staff

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