About MoneyGram International (NASDAQ:MGI)
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 1926 and is based in Dallas, Texas.
Industry, Sector and Symbol
Industry Business services, not elsewhere classified
Sub-IndustryData Processing & Outsourced Services
SectorFinance
SymbolNASDAQ:MGI
CUSIP60935Y20
Phone214-999-7552
Debt
Debt-to-Equity Ratio-2.12%
Current Ratio0.05%
Quick Ratio0.05%
Price-To-Earnings
Trailing P/E Ratio9.81
Forward P/E Ratio9.91
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.60 billion
Price / Sales0.30
Cash Flow$3.3804 per share
Price / Cash2.55
Book Value($7.91) per share
Price / Book-1.09
Profitability
EPS (Most Recent Fiscal Year)$0.88
Net Income$-29,800,000.00
Net Margins-1.86%
Return on Equity-14.43%
Return on Assets1.24%
Miscellaneous
Employees1,180
Outstanding Shares55,460,000
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) posted its quarterly earnings data on Friday, March, 16th. The financial services provider reported $0.26 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.26. The financial services provider earned $408.20 million during the quarter, compared to the consensus estimate of $404.69 million. MoneyGram International had a negative return on equity of 14.43% and a negative net margin of 1.86%. The firm's revenue was down 1.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.20 EPS. View MoneyGram International's Earnings History.
When is MoneyGram International's next earnings date?
What price target have analysts set for MGI?
3 equities research analysts have issued 1 year target prices for MoneyGram International's shares. Their forecasts range from $17.39 to $18.00. On average, they expect MoneyGram International's share price to reach $17.6950 in the next year. View Analyst Ratings for MoneyGram International.
Are investors shorting MoneyGram International?
MoneyGram International saw a decline in short interest during the month of March. As of March 29th, there was short interest totalling 759,280 shares, a decline of 27.9% from the March 15th total of 1,053,128 shares. Based on an average daily trading volume, of 555,126 shares, the days-to-cover ratio is presently 1.4 days. Currently, 2.7% of the shares of the stock are short sold.
Who are some of MoneyGram International's key competitors?
Some companies that are related to MoneyGram International include Tabula Rasa HealthCare (TRHC), eXp World (EXPI), Qiwi (QIWI), Cass Information Systems (CASS), B. Riley Financial (RILY), TechTarget (TTGT), Limelight Networks (LLNW), InnerWorkings (INWK), QuinStreet (QNST), Resources Connection (RECN), ServiceSource (SREV), NEWTEK Business Services (NEWT), Gravity (GRVY), Reis (REIS), Liquidity Services (LQDT), PFSweb (PFSW), Points International (PCOM) and Collectors Universe (CLCT).
Who are MoneyGram International's key executives?
MoneyGram International's management team includes the folowing people:
- Mr. W. Alexander Holmes, Chairman & CEO (Age 43)
- Mr. Lawrence Angelilli, Exec. VP & CFO (Age 62)
- Mr. Francis Aaron Henry, Exec. VP, Gen. Counsel & Corp. Sec. (Age 52)
- Mr. Grant A. Lines, Global Chief Revenue Officer (Age 53)
- Ms. Kamila K. Chytil, Chief Global Operations Officer (Age 38)
Has MoneyGram International been receiving favorable news coverage?
News stories about MGI stock have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. MoneyGram International earned a news impact score of 0.16 on Accern's scale. They also gave news stories about the financial services provider an impact score of 44.73 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
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 $8.62.
How big of a company is MoneyGram International?
MoneyGram International has a market capitalization of $483.62 million and generates $1.60 billion in revenue each year. The financial services provider earns $-29,800,000.00 in net income (profit) each year or $0.88 on an earnings per share basis. MoneyGram International employs 1,180 workers across the globe.
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 (MGI)
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.
MoneyGram International (NASDAQ:MGI) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
3 Wall Street analysts have issued ratings and price targets for MoneyGram International in the last 12 months. Their average twelve-month price target is $17.6950, suggesting that the stock has a possible upside of 105.28%. The high price target for MGI is $18.00 and the low price target for MGI is $17.39. There are currently 1 sell rating and 2 hold ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 1.67 | 1.50 | 1.67 | 1.80 |
| Ratings Breakdown: | 1 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
4 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
4 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $17.6950 | $17.6950 | $16.2133 | $16.2133 |
| Price Target Upside: | 105.28% upside | 35.59% upside | 24.24% upside | 3.40% upside |
MoneyGram International (NASDAQ:MGI) Consensus Price Target History
MoneyGram International (NASDAQ:MGI) Analyst Ratings History
Show:
(Data available from 4/23/2016 forward)
MoneyGram International (NASDAQ:MGI) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
MoneyGram International (NASDAQ MGI) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 45.40%
Institutional Ownership Percentage: 86.96%
MoneyGram International (NASDAQ MGI) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 8/3/2016 | Michael P. Rafferty | Director | Buy | 1,500 | $6.44 | $9,660.00 | |  |
| 5/19/2016 | W Bruce Turner | Director | Buy | 5,944 | $5.91 | $35,129.04 | 91,725 | |
| 5/13/2016 | W Bruce Turner | Director | Buy | 15,000 | $5.88 | $88,200.00 | 71,725 | |
| 5/6/2016 | Michael P Rafferty | Director | Buy | 1,000 | $5.90 | $5,900.00 | 5,000 | |
| 3/9/2016 | Peggy Vaughan | Director | Buy | 8,284 | $6.04 | $50,035.36 | 27,849 | |
| 2/23/2016 | W Bruce Turner | Director | Buy | 14,675 | $5.04 | $73,962.00 | | |
| 2/22/2016 | Coley Clark | Director | Buy | 5,000 | $5.42 | $27,100.00 | | |
| 8/29/2014 | Grant A Lines | EVP | Buy | 5,000 | $14.00 | $70,000.00 | | |
| 4/2/2014 | Thomas H. Lee Advisors, Llc | major shareholder | Sell | 12,640,396 | $16.16 | $204,268,799.36 | | |
| 2/14/2014 | Jeffrey Allback | EVP | Sell | 6,328 | $19.22 | $121,624.16 | 44,272 | |
(Data available from 1/1/2013 forward)
MoneyGram International (NASDAQ MGI) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | What You Need to Know about Alibaba’s Recent Investment in Ofo
finance.yahoo.com - April 18 at 8:10 AM |
 | MoneyGram International (MGI) Downgraded by BidaskClub to Sell
www.americanbankingnews.com - April 17 at 1:54 PM |
| MoneyGram International (MGI) and Mastercard (MA) Financial Survey
www.americanbankingnews.com - April 16 at 1:17 PM |
 | Mid-Morning Market Update: Markets Mixed; International Speedway Posts Mixed Q1 Results
www.benzinga.com - April 16 at 8:10 AM |
| Why Is MoneyGram International (MGI) Down 16.8% Since Its Last Earnings Report?
finance.yahoo.com - April 16 at 8:10 AM |
| Short Interest in MoneyGram International Inc (MGI) Decreases By 27.9%
www.americanbankingnews.com - April 15 at 1:59 AM |
| MoneyGram International Inc (MGI) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - April 15 at 1:20 AM |
| Lebara hooks up with WorldRemit in money transfer pact
finance.yahoo.com - April 11 at 8:20 AM |
| Moneygram International (MGI) Rating Lowered to Hold at ValuEngine
www.americanbankingnews.com - April 8 at 11:48 AM |
| $385.72 Million in Sales Expected for Moneygram International Inc (MGI) This Quarter
www.americanbankingnews.com - April 8 at 2:10 AM |
| Moneygram International Inc (MGI) Expected to Announce Earnings of $0.26 Per Share
www.americanbankingnews.com - April 6 at 7:17 PM |
 | MoneyGram and Walmart launch new service
seekingalpha.com - April 3 at 5:41 PM |
| Walmart Takes on Amazon Again, Look What It's Done This Time
finance.yahoo.com - April 3 at 5:41 PM |
| Moneygram International (MGI) Downgraded to "Hold" at ValuEngine
www.americanbankingnews.com - April 3 at 12:11 PM |
| MoneyGram and Walmart Launch Walmart2World, Powered by MoneyGram
finance.yahoo.com - April 3 at 8:14 AM |
| Walmart takes its money transfer service global
finance.yahoo.com - April 3 at 8:14 AM |
 | Free Research Reports on These Credit Services Stocks -- China Commercial Credit, LM Funding America, MoneyGram, and American Express
www.bizjournals.com - March 26 at 8:14 AM |
| TheStreet Lowers Moneygram International (MGI) to D+
www.americanbankingnews.com - March 24 at 12:28 AM |
| Moneygram International Inc Expected to Post Q1 2018 Earnings of $0.25 Per Share (MGI)
www.americanbankingnews.com - March 22 at 8:33 AM |
| Zacks: Brokerages Expect Moneygram International Inc (MGI) Will Announce Quarterly Sales of $384.60 Million
www.americanbankingnews.com - March 22 at 2:30 AM |
| Equities Analysts Offer Predictions for Moneygram International Inc's FY2019 Earnings (MGI)
www.americanbankingnews.com - March 21 at 2:03 PM |
| When Will MoneyGram International Inc (NASDAQ:MGI) Become Profitable?
finance.yahoo.com - March 21 at 8:38 AM |
| Moneygram International Inc (MGI) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - March 21 at 3:46 AM |
 | Why MoneyGram's (MGI) Stock Fell More Than 40% in a Year?
www.msn.com - March 20 at 5:23 PM |
| Why MoneyGram's (MGI) Stock Fell More Than 40% in a Year?
finance.yahoo.com - March 20 at 5:23 PM |
| MoneyGram (MGI) Q4 Earnings Beat, Revenues Miss Estimates
finance.yahoo.com - March 19 at 5:23 PM |
| Moneygram International (MGI) Issues Earnings Results
www.americanbankingnews.com - March 16 at 9:09 PM |
| MoneyGram International Reports Fourth Quarter and Full Year 2017 Financial Results
finance.yahoo.com - March 16 at 6:35 PM |
| MoneyGram reports 4Q loss
finance.yahoo.com - March 16 at 6:35 PM |
| Glancy Prongay & Murray LLP Commences Investigation on Behalf of MoneyGram International, Inc. Investors (MGI)
finance.yahoo.com - March 14 at 7:15 PM |
| Bitcoin start-ups in Asia take aim at remittances market
finance.yahoo.com - March 13 at 8:15 AM |
| Analysts Expect Moneygram International Inc (MGI) Will Announce Quarterly Sales of $402.93 Million
www.americanbankingnews.com - March 5 at 4:36 AM |
| Moneygram International Inc (MGI) Stake Boosted by Quinn Opportunity Partners LLC
www.americanbankingnews.com - March 4 at 2:54 PM |
| Moneygram International Inc (MGI) Position Lowered by Sand Grove Capital Management LLP
www.americanbankingnews.com - March 1 at 4:44 PM |
| NINE MASTS CAPITAL Ltd Invests $5.61 Million in Moneygram International Inc (MGI) Stock
www.americanbankingnews.com - February 27 at 2:30 PM |
| Moneygram International Inc (MGI) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - February 24 at 3:58 AM |
| Seven Cryptocurrencies That Pay Dividends
finance.yahoo.com - February 16 at 8:12 AM |
| Brokerages Expect Moneygram International Inc (MGI) Will Post Quarterly Sales of $402.93 Million
www.americanbankingnews.com - February 16 at 1:56 AM |
| Moneygram International Inc (MGI) Expected to Post Earnings of $0.26 Per Share
www.americanbankingnews.com - February 14 at 11:16 PM |
| Western Union Is Testing Ripple and XRP for Money Transfers
finance.yahoo.com - February 14 at 3:42 PM |
| Recent Analysis Shows M/I Homes, Halyard Health, Moneygram International, World Fuel Services, Amedisys, and Civeo Market Influences — Renewed Outlook, Key Drivers of Growth
finance.yahoo.com - February 13 at 9:03 AM |
| Moneygram International Inc (MGI) Short Interest Update
www.americanbankingnews.com - February 12 at 4:08 AM |
| Ripple CEO Brad Garlinghouse: 'There's a lot of FUD about XRP'
finance.yahoo.com - February 11 at 3:49 PM |
| MoneyGram and GCash Drive Financial Inclusion in the Philippines
finance.yahoo.com - February 8 at 8:07 AM |
 | Alibaba Shares Slump After Q4 Earnings Report, Ant Financial Stake Plans
www.thestreet.com - February 1 at 3:38 PM |
| 3 Cryptocurrencies Processing 1,500 (or More) Transactions Per Second
finance.yahoo.com - February 1 at 9:01 AM |
| Will China miss out on fintech-related investments?
finance.yahoo.com - January 30 at 8:40 AM |
| Moneygram International Inc (MGI) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - January 30 at 3:46 AM |
| $402.93 Million in Sales Expected for Moneygram International Inc (MGI) This Quarter
www.americanbankingnews.com - January 30 at 1:52 AM |
| In Their Own Words: Real Companies Talk Ripple XRP Pilots
finance.yahoo.com - January 29 at 8:58 AM |
MoneyGram International (NASDAQ:MGI) SEC Filings
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MoneyGram International (NASDAQ:MGI) Income Statement, Balance Sheet and Cash Flow Statement
MoneyGram International (NASDAQ MGI) Stock Chart for Monday, April, 23, 2018
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