Moneygram International Company Profile (NASDAQ:MGI)

About Moneygram International

Moneygram International logoMoneyGram 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
Key Metrics:
  • 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
Profitability:
  • Net Margins: 0.78%
  • Return on Equity: -11.22%
  • Return on Assets: 1.03%
Debt:
  • Debt-to-Equity Ratio: -2.39%
  • Current Ratio: 0.05%
  • Quick Ratio: 0.05%
Additional Links:
Companies Related to Moneygram International:

Analyst Ratings

Consensus Ratings for Moneygram International (NASDAQ:MGI) (?)
Ratings Breakdown: 5 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $9.75 (23.65% downside)

Analysts' Ratings History for Moneygram International (NASDAQ:MGI)
Show:
DateFirmActionRatingPrice TargetDetails
1/30/2017Feltl & Co.DowngradeBuy -> Hold$13.25View Rating Details
1/26/2017First AnalysisDowngradeOverweight -> Equal WeightView Rating Details
1/26/2017William BlairDowngradeOutperform -> Market PerformView Rating Details
10/11/2016Compass PointReiterated RatingNeutral$8.00View Rating Details
7/12/2016J P Morgan Chase & CoDowngradeOverweight -> Neutral$8.00View Rating Details
2/22/2016Northland SecuritiesInitiated CoverageMarket PerformView Rating Details
8/3/2015Evercore ISIUpgradeSell -> Hold$7.00 -> $10.00View Rating Details
7/6/2015Bank of America CorpReiterated RatingUnderperformView Rating Details
6/24/2015MacquarieDowngradeOutperform -> Neutral$12.00 -> $11.00View Rating Details
5/27/2015Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral$11.00View Rating Details
5/6/2015Standpoint ResearchDowngradeBuy -> HoldView Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for Moneygram International (NASDAQ:MGI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/16/2017        
10/28/2016Q316$0.22$0.25$389.53 million$383.10 millionViewListenView Earnings Details
7/29/2016Q216$0.21$0.15$389.16 million$383.70 millionViewListenView Earnings Details
4/29/2016Q116$0.17$0.17$355.31 million$358.40 millionViewListenView Earnings Details
2/11/2016Q415$0.22$0.23$376.63 million$376.70 millionViewListenView Earnings Details
10/30/2015Q315$0.21$0.24$362.60 million$368.60 millionViewListenView Earnings Details
7/31/2015Q215$0.15$0.23$346.81 million$358.80 millionViewListenView Earnings Details
5/1/2015Q115$0.10$0.11$333.41 million$330.60 millionViewN/AView Earnings Details
2/12/2015Q414$0.22$0.18$345.10 million$349.60 millionViewN/AView Earnings Details
10/31/2014Q314$0.35$0.22$371.90 million$358.00 millionViewN/AView Earnings Details
8/1/2014Q214$0.33$0.28$371.57 million$328.30 millionViewN/AView Earnings Details
4/29/2014Q114$0.33$0.37$371.96 million$374.90 millionViewN/AView Earnings Details
2/11/2014Q413$0.35$0.39$389.34 million$385.80 millionViewN/AView Earnings Details
10/24/2013Q313$0.34$0.31$371.34 million$383.00 millionViewN/AView Earnings Details
7/25/2013Q2 2013$0.31$0.32$355.73 million$365.10 millionViewN/AView Earnings Details
5/2/2013Q1 2013$0.24$0.27$343.08 million$340.50 millionViewListenView Earnings Details
2/6/2013Q4 2012$0.26$0.28$345.98 million$354.40 millionViewListenView Earnings Details
11/9/2012Q312$0.27$0.28$343.28 million$338.60 millionViewN/AView Earnings Details
7/26/2012$0.23$0.23ViewN/AView Earnings Details
4/26/2012$0.20$0.22ViewN/AView Earnings Details
2/3/2012$0.21$0.04ViewN/AView Earnings Details
10/27/2011$0.03$0.03ViewN/AView Earnings Details
7/28/2011$0.02($1.37)ViewN/AView Earnings Details
4/28/2011$0.02($0.26)ViewN/AView Earnings Details
2/4/2011($0.35)($0.23)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Moneygram International (NASDAQ:MGI)
Current Year EPS Consensus Estimate: $0.82 EPS
Next Year EPS Consensus Estimate: $1.06 EPS

Dividends

Dividend History for Moneygram International (NASDAQ:MGI)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Moneygram International (NASDAQ:MGI)
Insider Ownership Percentage: 48.70%
Institutional Ownership Percentage: 83.86%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/3/2016Michael P. RaffertyDirectorBuy1,500$6.44$9,660.00View SEC Filing  
5/19/2016W Bruce TurnerDirectorBuy5,944$5.91$35,129.04View SEC Filing  
5/13/2016W Bruce TurnerDirectorBuy15,000$5.88$88,200.00View SEC Filing  
5/6/2016Michael P RaffertyDirectorBuy1,000$5.90$5,900.00View SEC Filing  
3/9/2016Peggy VaughanDirectorBuy8,284$6.04$50,035.36View SEC Filing  
2/23/2016W Bruce TurnerDirectorBuy14,675$5.04$73,962.00View SEC Filing  
2/22/2016Coley ClarkDirectorBuy5,000$5.42$27,100.00View SEC Filing  
8/29/2014Grant A LinesEVPBuy5,000$14.00$70,000.00View SEC Filing  
4/2/2014Thomas H. Lee Advisors, Llcmajor shareholderSell12,640,396$16.16$204,268,799.36View SEC Filing  
2/14/2014Jeffrey AllbackEVPSell6,328$19.22$121,624.16View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Moneygram International (NASDAQ:MGI)
DateHeadline
News IconAnalysts Set Moneygram International, Inc. (MGI) PT at the $10.00 - Petro Global News 24 (NASDAQ:MGI)
petroglobalnews24.com - February 25 at 8:12 AM
News IconThe Moneygram International, Inc. (MGI) Receives $10.81 Consensus PT from Brokerages - Petro Global News 24 (NASDAQ:MGI)
petroglobalnews24.com - February 25 at 8:12 AM
4-traders.com logoMoneyGram : SocioMX 2017 Tour Kicks off with First Match in Dallas (NASDAQ:MGI)
www.4-traders.com - February 22 at 6:39 PM
us.rd.yahoo.com logoMoneyGram SocioMX 2017 Tour Kicks off with First Match in Dallas (NASDAQ:MGI)
us.rd.yahoo.com - February 22 at 6:39 PM
News IconAnalysts Peer Into Their Crystal Balls For Moneygram International, Inc. (NASDAQ:MGI): Where Is It headed? - Winfield Review (NASDAQ:MGI)
winfieldreview.com - February 22 at 8:23 AM
thestreet.com logoAlibaba Continues Pushing Beyond E-Commerce With Two More Strategic Investments (NASDAQ:MGI)
www.thestreet.com - February 21 at 6:22 PM
prnewswire.com logoWEISSLAW LLP: MoneyGram International, Inc. Acquisition May Not Be in the Best Interests of MGI Shareholders - PR Newswire (press release) (NASDAQ:MGI)
www.prnewswire.com - February 16 at 6:05 PM
finance.yahoo.com logoZacks Industry Outlook Highlights: Western Union, MoneyGram International, Visa, MasterCard and WNS (NASDAQ:MGI)
finance.yahoo.com - February 16 at 6:05 PM
finance.yahoo.com logoZacks Industry Outlook Highlights: Western Union, MoneyGram International, Xerox and MITIE Group (NASDAQ:MGI)
finance.yahoo.com - February 16 at 6:05 PM
finance.yahoo.com logoScamAwareness.Org Alert: Don't Let Scammers Break Your Heart this Valentine's Day (NASDAQ:MGI)
finance.yahoo.com - February 14 at 8:04 PM
finance.yahoo.com logoWEISSLAW LLP: MoneyGram International, Inc. Acquisition May Not Be in the Best Interests of MGI Shareholders (NASDAQ:MGI)
finance.yahoo.com - February 14 at 8:04 PM
News IconAlibaba's Ant Financial to raise as much as $3 billion in debt (NASDAQ:MGI)
www.financialbuzz.com - February 9 at 7:32 PM
News IconNASDAQ:MGI Investor Notice: Investigation over Buyout of Moneygram International Inc (NASDAQ:MGI)
www.groundreport.com - February 9 at 7:32 PM
finance.yahoo.com logoAlibaba's Ant Financial to raise as much as $3 bln in debt -source (NASDAQ:MGI)
finance.yahoo.com - February 9 at 5:24 AM
finance.yahoo.com logoMoneyGram to Issue Fourth Quarter Earnings Release in Conjunction with SEC Filing (NASDAQ:MGI)
finance.yahoo.com - February 7 at 7:50 PM
businesswire.com logoINVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of MoneyGram International, Inc. And Encourages Investors To Contact The Firm For Additional ... (NASDAQ:MGI)
www.businesswire.com - February 6 at 6:37 PM
finance.yahoo.com logoINVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of MoneyGram International, Inc. And Encourages Investors To Contact The Firm For Additional Information (NASDAQ:MGI)
finance.yahoo.com - February 6 at 6:37 PM
finance.yahoo.com logoLifshitz & Miller LLP Announces Investigation of Anthera Pharmaceuticals, Inc., Arctic Cat Inc., Banc of California, Inc., Dollar General Corporation, MoneyGram International, Inc., QUALCOMM Incorporated, Stonegate Mortgage Corporation and (NASDAQ:MGI)
finance.yahoo.com - February 3 at 7:16 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of MoneyGram International, Inc. And Encourages Investors To Contact The Firm For Additional Information (NASDAQ:MGI)
finance.yahoo.com - February 2 at 7:20 PM
sbwire.com logoInvestor Investigation of Takeover of Moneygram International Inc (NASDAQ:MGI) by Ant Financial Services Group (NASDAQ:MGI)
www.sbwire.com - February 2 at 12:26 AM
News IconInvestor Investigation of Takeover of Moneygram International Inc (NASDAQ:MGI) by Ant Financial Services Group - Satellite PR News (press release) (NASDAQ:MGI)
www.satprnews.com - February 1 at 7:25 PM
businesswire.com logoBragar Eagel & Squire, P.C. Is Investigating the Board of Directors of MoneyGram International, Inc. (MGI) on Behalf ... - Business Wire (press release) (NASDAQ:MGI)
www.businesswire.com - February 1 at 12:27 AM
News IconCan Penn National Gaming Inc. (NASDAQ:PENN) Show Upward Trend after Earnings? (NASDAQ:MGI)
mundoaguaysaneamiento.net - January 31 at 7:26 PM
finance.yahoo.com logoMoneyGram Cancels Fourth Quarter and Full Year 2016 Conference Call and Webcast (NASDAQ:MGI)
finance.yahoo.com - January 31 at 7:26 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Into Whether the Sale of MoneyGram International, Inc. to Ant Financial Services Group for $13.25 Per Share is Fair to Shareholders -- MGI (NASDAQ:MGI)
finance.yahoo.com - January 31 at 7:26 PM
finance.yahoo.com logoBragar Eagel & Squire, P.C. Is Investigating the Board of Directors of MoneyGram International, Inc. (MGI) on Behalf of Stockholders and Encourages Investors to Contact the Firm (NASDAQ:MGI)
finance.yahoo.com - January 31 at 7:26 PM
News IconChecking Indicator Levels for Moneygram International Inc. (MGI) - Springdale Times (NASDAQ:MGI)
springdaletimes.com - January 31 at 5:16 AM
News IconMoneygram International Inc (MGI) is Downgraded by Feltl & Co. to " Hold" - Highland Mirror (NASDAQ:MGI)
www.highlandmirror.com - January 31 at 5:16 AM
seekingalpha.com logoCFIUS Wild Card In Ant Financial Acquisition Of MoneyGram - Seeking Alpha (NASDAQ:MGI)
seekingalpha.com - January 31 at 5:16 AM
finance.yahoo.com logoMoneygram downgraded by Feltl & Co. (NASDAQ:MGI)
finance.yahoo.com - January 30 at 7:13 PM
businesswire.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Announces an Investigation Into Whether the Sale of MoneyGram International, Inc. to Ant Financial Services Group for $13.25 Per Share is ... (NASDAQ:MGI)
www.businesswire.com - January 28 at 5:13 AM
thecountrycaller.com logoAlibaba Group Financial Arm to Buy Moneygram International (NASDAQ:MGI)
www.thecountrycaller.com - January 28 at 5:13 AM
prnewswire.com logoKahn Swick & Foti, LLC (NASDAQ:MGI)
www.prnewswire.com - January 28 at 5:13 AM
us.rd.yahoo.com logoMoneygram (MGI) to be Adopted by Jack Ma's Ant Financial (NASDAQ:MGI)
us.rd.yahoo.com - January 28 at 5:13 AM
finance.yahoo.com logoMONEYGRAM INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of MoneyGram International, Inc. (NASDAQ:MGI)
finance.yahoo.com - January 28 at 5:13 AM
News IconStock on the Move: Moneygram International, Inc. (NASDAQ:MGI), Transocean Ltd. (NYSE:RIG) - The Newburgh Press (NASDAQ:MGI)
newburghpress.com - January 28 at 12:04 AM
smarteranalyst.com logoSell-Side Analysts Take Action on Two Rising Stocks: Avinger Inc (AVGR), Moneygram International Inc (MGI) - Smarter Analyst (NASDAQ:MGI)
www.smarteranalyst.com - January 28 at 12:04 AM
News IconThe Technical Facts on MoneyGram International, Inc. (MGI) - The USA Commerce (NASDAQ:MGI)
theusacommerce.com - January 28 at 12:04 AM
finance.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Announces an Investigation Into Whether the Sale of MoneyGram International, Inc. to Ant Financial Services Group for $13.25 Per Share is Fair to Shareholders (NASDAQ:MGI)
finance.yahoo.com - January 28 at 12:04 AM
finance.yahoo.com logoMoneyGram International, Inc. Shareholder Alert: Former SEC Attorney Willie Briscoe Investigates Merger with Ant Financial Services Group (NASDAQ:MGI)
finance.yahoo.com - January 28 at 12:04 AM
finance.yahoo.com logoRM LAW Announces Investigation of MoneyGram International, Inc. (NASDAQ:MGI)
finance.yahoo.com - January 28 at 12:04 AM
finance.yahoo.com logoSHAREHOLDER ALERT: Brodsky & Smith, LLC Announces an Investigation of The Board of Directors of MoneyGram International, Inc. - MGI (NASDAQ:MGI)
finance.yahoo.com - January 28 at 12:04 AM
feeds.benzinga.com logoWall Street's M&A Chatter From January 26 (NASDAQ:MGI)
feeds.benzinga.com - January 27 at 8:12 AM
fortune.com logoAlibaba's Online Payments Arm Is Buying a US Money-Transfer Giant - Fortune (NASDAQ:MGI)
fortune.com - January 27 at 6:42 AM
nasdaq.com logoREFILE-UPDATE 3-Alibaba's Ant Financial in overseas push with MoneyGram deal (NASDAQ:MGI)
www.nasdaq.com - January 27 at 2:30 AM
finance.yahoo.com logoMoneyGram Agrees to Merge with Ant Financial (NASDAQ:MGI)
finance.yahoo.com - January 27 at 2:30 AM
benzinga.com logoWhat Will Alibaba Do With MoneyGram? (NASDAQ:MGI)
www.benzinga.com - January 27 at 2:30 AM
News IconAlibaba affiliate Ant Financial agrees to buy MoneyGram (NASDAQ:MGI)
www.inewsguyana.com - January 27 at 2:30 AM
us.rd.yahoo.com logoHarwood Feffer LLP Announces Investigation of MoneyGram International, Inc. (NASDAQ:MGI)
us.rd.yahoo.com - January 27 at 2:30 AM
nasdaq.com logoBUZZ-U.S. STOCKS ON THE MOVE-Mattel, MoneyGram, eBay ... - Nasdaq (NASDAQ:MGI)
www.nasdaq.com - January 26 at 9:28 PM

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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.

Moneygram International (NASDAQ:MGI) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Moneygram International (NASDAQ:MGI)

Earnings History Chart

Earnings by Quarter for Moneygram International (NASDAQ:MGI)

Dividend History Chart

Dividend Payments by Quarter for Moneygram International (NASDAQ:MGI)

Last Updated on 2/25/2017 by MarketBeat.com Staff