S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
What to Expect from the Markets in a Recession
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
What to Expect from the Markets in a Recession
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
What to Expect from the Markets in a Recession
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
What to Expect from the Markets in a Recession
NASDAQ:MGI

MoneyGram International - MGI Stock Forecast, Price & News

$10.43
+0.21 (+2.05%)
(As of 08/5/2022 08:49 PM ET)
Add
Compare
Today's Range
$10.17
$10.48
50-Day Range
$9.64
$10.43
52-Week Range
$5.06
$10.87
Volume
621,600 shs
Average Volume
3.15 million shs
Market Capitalization
$1.00 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.00

MoneyGram International MarketRank™ Forecast

Analyst Rating
Hold
1.67 Rating Score
Upside/​Downside
42.5% Downside
$6.00 Price Target
Short Interest
Healthy
30.50% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.23
Upright™ Environmental Score
News Sentiment
0.58mentions of MoneyGram International in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
38.00%
From $0.50 to $0.69 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.76 out of 5 stars

Finance Sector

923rd out of 1,176 stocks

Business Services, Not Elsewhere Classified Industry

98th out of 136 stocks

MGI stock logo

About MoneyGram International (NASDAQ:MGI) Stock

MoneyGram International, Inc., together with its subsidiaries, provides cross-border peer-to-peer payments and 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 through third-party agents, including retail chains, independent retailers, post offices, banks, and other financial institutions; and digital solutions, such as moneygram.com, account deposit, and kiosk-based services, as well as mobile app solutions. The Financial Paper Products segment provides money orders to consumers through its agents and financial institutions under the MoneyGram brand and on a private label or co-branded basis with various agents and financial institutions; and official check outsourcing services for banks and credit unions. MoneyGram International, Inc. was incorporated in 2003 and is based in Dallas, Texas.

MoneyGram International Trading Up 2.1 %

NASDAQ:MGI traded up $0.21 during trading hours on Friday, reaching $10.43. The company's stock had a trading volume of 621,619 shares, compared to its average volume of 495,966. MoneyGram International has a one year low of $5.06 and a one year high of $10.87. The business's 50-day moving average is $10.06 and its 200-day moving average is $10.10.

MoneyGram International (NASDAQ:MGI - Get Rating) last issued its quarterly earnings data on Friday, May 6th. The financial services provider reported $0.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.10 by ($0.03). The business had revenue of $307.60 million during the quarter, compared to the consensus estimate of $316.30 million. MoneyGram International had a negative return on equity of 20.50% and a negative net margin of 1.36%. Analysts expect that MoneyGram International will post 0.5 EPS for the current fiscal year.

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MGI Stock News Headlines

MoneyGram International Inc Stock News
MoneyGram names new CFO and COO from internal ranks
Viad Corp Reports Results for the 2022 Second Quarter
MoneyGram Posts Adj. Profit In Q1
MoneyGram COO Hilary Jackson resigns
See More Headlines
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MGI Company Calendar

Last Earnings
10/29/2021
Today
8/07/2022
Next Earnings (Estimated)
10/27/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
Data Processing & Outsourced Services
Sector
Finance
Current Symbol
NASDAQ:MGI
CUSIP
60935Y20
Fax
N/A
Employees
3,072
Year Founded
1940

Price Target and Rating

Average Stock Price Forecast
$6.00
High Stock Price Forecast
$6.00
Low Stock Price Forecast
$6.00
Forecasted Upside/Downside
-42.5%
Consensus Rating
Hold
Rating Score (0-4)
1.67
Research Coverage
3 Analysts

Profitability

Net Income
$-37,900,000.00
Pretax Margin
-1.76%

Debt

Sales & Book Value

Annual Sales
$1.28 billion
Cash Flow
$1.59 per share
Book Value
($2.02) per share

Miscellaneous

Free Float
92,812,000
Market Cap
$1.00 billion
Optionable
Optionable
Beta
1.18

Social Links















MGI Stock - Frequently Asked Questions

Should I buy or sell MoneyGram International stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MoneyGram International in the last twelve months. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" MoneyGram International stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MGI, but not buy additional shares or sell existing shares.
View analyst ratings for MoneyGram International
or view top-rated stocks.

What is MoneyGram International's stock price forecast for 2022?

3 Wall Street analysts have issued 12 month price objectives for MoneyGram International's shares. Their MGI stock forecasts range from $6.00 to $6.00. On average, they expect MoneyGram International's share price to reach $6.00 in the next twelve months. This suggests that the stock has a possible downside of 42.5%.
View analysts' price targets for MoneyGram International
or view top-rated stocks among Wall Street analysts.

How has MoneyGram International's stock price performed in 2022?

MoneyGram International's stock was trading at $7.89 at the beginning of the year. Since then, MGI shares have increased by 32.2% and is now trading at $10.43.
View the best growth stocks for 2022 here
.

When is MoneyGram International's next earnings date?

MoneyGram International is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our earnings forecast for MoneyGram International
.

How were MoneyGram International's earnings last quarter?

MoneyGram International, Inc. (NASDAQ:MGI) posted its earnings results on Friday, October, 29th. The financial services provider reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.05. The financial services provider earned $319.60 million during the quarter, compared to the consensus estimate of $330.31 million. MoneyGram International had a negative trailing twelve-month return on equity of 20.50% and a negative net margin of 1.36%. During the same quarter last year, the business posted $0.15 earnings per share.

What is Alex Holmes' approval rating as MoneyGram International's CEO?

140 employees have rated MoneyGram International CEO Alex Holmes on Glassdoor.com. Alex Holmes has an approval rating of 65% among MoneyGram International's employees.

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 Western Union (WU), Advanced Micro Devices (AMD), Ford Motor (F), Pfizer (PFE), Coty (COTY), NIO (NIO), AbbVie (ABBV), Sorrento Therapeutics (SRNE), Alibaba Group (BABA) and General Electric (GE).

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 number of institutional and retail investors. Top institutional investors include Assenagon Asset Management S.A. (0.51%), Dupont Capital Management Corp (0.39%), Austin Asset Management Co Inc (0.25%), Lindbrook Capital LLC (0.19%), Chicago Capital Management LLC (0.16%) and Mint Tower Capital Management B.V. (0.09%). Company insiders that own MoneyGram International stock include Adrianna E Greenwald, Andres Villareal, Francisco Lorca, Grant A Lines, Peggy Vaughan, Ripple Labs Inc, Robert L Villasenor, Thomas H Lee Advisors, Llc, W Alexander Holmes and W Bruce Turner.
View institutional ownership trends for MoneyGram International
.

How do I buy shares of MoneyGram International?

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

What is MoneyGram International's stock price today?

One share of MGI stock can currently be purchased for approximately $10.43.

How much money does MoneyGram International make?

MoneyGram International (NASDAQ:MGI) has a market capitalization of $1.00 billion and generates $1.28 billion in revenue each year. The financial services provider earns $-37,900,000.00 in net income (profit) each year or ($0.04) on an earnings per share basis.

How many employees does MoneyGram International have?

MoneyGram International employs 3,072 workers across the globe.

Does MoneyGram International have any subsidiaries?

The following companies are subsidiares of MoneyGram International: Ferrum Trust, MIL Overseas Limited, MIL Overseas Nigeria Limited, MONEYGRAM TURKEY ÖDEME HÝZMETLERÝ ANONÝM ÞÝRKETÝ, MPS France S.A., MPSG Holdings Limited, MPSG International Limited, MPSG Limited, MTI Money Transfer Limited, Money Globe Payment Institution S.A., MoneyGram Consulting (Shanghai) Co. Ltd., MoneyGram India Private Limited, MoneyGram International B.V., MoneyGram International Holdings Limited, MoneyGram International Limited, MoneyGram International Payment Systems Inc., MoneyGram International Pte. Ltd., MoneyGram International SAS, MoneyGram International SPRL, MoneyGram Mexico S.A. de C.V., MoneyGram Overseas (Pty) Limited, MoneyGram Payment Services GmbH, MoneyGram Payment Systems Belgium N.V., MoneyGram Payment Systems Brasil LTDA, MoneyGram Payment Systems Canada Inc., MoneyGram Payment Systems Greece S.A., MoneyGram Payment Systems Hong Kong Limited, MoneyGram Payment Systems Inc., MoneyGram Payment Systems Ireland Limited, MoneyGram Payment Systems Italy S.r.l., MoneyGram Payment Systems Malaysia Sdn. Bhd, MoneyGram Payment Systems Netherlands B.V., MoneyGram Payment Systems Nevada LLC, MoneyGram Payment Systems Poland sp. Zoo, MoneyGram Payment Systems South Africa Proprietary Limited, MoneyGram Payment Systems Spain S.A., MoneyGram Payment Systems Worldwide Inc., MoneyGram of New York LLC, Nexxo Financial, PT MoneyGram Payment Systems Indonesia, and Travelers Express Company (P.R.) Inc..
Read More

When was MoneyGram International founded?

MoneyGram International was founded in 1940.

How can I contact MoneyGram International?

MoneyGram International's mailing address is 2828 NORTH HARWOOD STREET 15TH FLOOR, DALLAS TX, 75201. The official website for MoneyGram International is www.corporate.moneygram.com. The financial services provider can be reached via phone at (214) 999-7552 or via email at ir@moneygram.com.

This page (NASDAQ:MGI) was last updated on 8/8/2022 by MarketBeat.com Staff

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