MoneyGram International - MGI Stock Forecast, Price & News

0 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MoneyGram International in the last year. There are currently for the stock. The consensus among Wall Street research analysts is that investors should "n/a" MGI shares.
View MGI analyst ratings or view top-rated stocks.

MoneyGram International's stock was trading at $10.89 at the beginning of 2023. Since then, MGI shares have decreased by 3.8% and is now trading at $10.48.
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The company is scheduled to release its next quarterly earnings announcement on Friday, May 5th 2023.
View our MGI earnings forecast.

MoneyGram International, Inc. (NASDAQ:MGI) issued its quarterly earnings results on Friday, October, 29th. The financial services provider reported $0.13 earnings per share 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 22.59% and a net margin of 2.61%. During the same quarter last year, the company earned $0.15 EPS.

ETFs with the largest weight of MoneyGram International (NASDAQ:MGI) stock in their portfolio include First Trust Merger Arbitrage ETF (MARB), ETFMG Prime Mobile Payments ETF (IPAY), AltShares Merger Arbitrage ETF (ARB), SPDR S&P Software & Services ETF (XSW) and iShares Micro-Cap ETF (IWC).iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV).

MoneyGram International updated its fourth quarter 2022 earnings guidance on Thursday, February, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $340.00 million-$344.00 million, compared to the consensus revenue estimate of $327.13 million.

140 employees have rated MoneyGram International Chief Executive Officer Alex Holmes on Glassdoor.com. Alex Holmes has an approval rating of 65% among the company's employees.

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).

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

MoneyGram International's stock is owned by a number of retail and institutional investors. Top institutional investors include Sand Grove Capital Management LLP (7.09%), Marshall Wace LLP (2.38%), Gabelli Funds LLC (2.03%), AQR Arbitrage LLC (1.88%), Geode Capital Management LLC (1.81%) and Glazer Capital LLC (1.77%). Insiders that own company stock include Adrianna E Greenwald, Andres Villareal, Francisco Lorca, Grant A Lines, Peggy Vaughan, Robert L Villasenor, W Alexander Holmes and W Bruce Turner.
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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.
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One share of MGI stock can currently be purchased for approximately $10.48.

MoneyGram International (NASDAQ:MGI) has a market capitalization of $1.01 billion and generates $1.31 billion in revenue each year. The financial services provider earns $34.20 million in net income (profit) each year or $0.34 on an earnings per share basis.

The company employs 2,247 workers across the globe.

MoneyGram International's mailing address is 2828 NORTH HARWOOD STREET 15TH FLOOR, DALLAS TX, 75201. The official website for the company 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.