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

$2.78
+0.04 (+1.46 %)
(As of 02/21/2020 08:06 AM ET)
Today's Range
$2.53
Now: $2.78
$2.78
50-Day Range
$2.06
MA: $2.40
$3.00
52-Week Range
$1.33
Now: $2.78
$6.70
Volume2.56 million shs
Average Volume1.97 million shs
Market Capitalization$172.53 million
P/E RatioN/A
Dividend YieldN/A
Beta2.6
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. Read More…

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$2.93 per share
Book Value($8.14) per share

Profitability

Net Income$-24,000,000.00

Miscellaneous

Employees2,436
Market Cap$172.53 million
Next Earnings Date2/25/2020 (Confirmed)
OptionableOptionable

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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 quarterly earnings data on Thursday, August, 1st. The financial services provider reported $0.12 EPS for the quarter, topping the Zacks' consensus estimate of $0.04 by $0.08. The financial services provider earned $323.80 million during the quarter, compared to the consensus estimate of $342.31 million. Moneygram International had a negative return on equity of 3.29% and a negative net margin of 4.65%. 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 Tuesday, February 25th 2020. View Earnings Estimates for Moneygram International.

How can I listen to Moneygram International's earnings call?

Moneygram International will be holding an earnings conference call on Tuesday, February 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for MGI?

2 Wall Street analysts have issued 12 month price targets for Moneygram International's shares. Their forecasts range from $3.50 to $3.50. On average, they anticipate Moneygram International's share price to reach $3.50 in the next year. This suggests a possible upside of 25.9% from the stock's current price. View Analyst Price Targets for Moneygram International.

What is the consensus analysts' recommendation for Moneygram International?

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

What are Wall Street analysts saying about Moneygram International stock?

Here are some recent quotes from research analysts about Moneygram International stock:
  • 1. According to Zacks Investment Research, "MoneyGram International’s shares have outperformed its industry in a year's time. The company's solid investments in digital platform, mobile and online businesses are likely to help it gain market share. Its partnership with Ripple will aid it to benefit from blockchain technology and grow its cross-border business. A decline in expenses is expected to drive margins. Also, its efforts to expand its services with Brightwell bode well in the long term. Nevertheless, its weakness in the money transfer business, impacted by a deliberate strategy of increasing compliance control and imposing limits on certain transactions and global economic softness are concerns. A stiff competition in its U.S. business took a toll on the company's overall performance." (1/17/2020)
  • 2. Northland Securities analysts commented, "We note Groupon and RetailMeNot as a couple examples in the affiliate program." (9/5/2019)

Has Moneygram International been receiving favorable news coverage?

Media coverage about MGI stock has trended somewhat positive recently, according to InfoTrie. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Moneygram International earned a media sentiment score of 1.3 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Moneygram International.

Are investors shorting Moneygram International?

Moneygram International saw a increase in short interest in January. As of January 31st, there was short interest totalling 4,110,000 shares, an increase of 8.7% from the January 15th total of 3,780,000 shares. Based on an average daily volume of 1,920,000 shares, the days-to-cover ratio is presently 2.1 days. Currently, 7.9% of the shares of the stock are sold short. View Moneygram International's Current Options Chain.

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), Advanced Micro Devices (AMD), Intuit (INTU), Micron Technology (MU), Alibaba Group (BABA), NIO (NIO), AbbVie (ABBV), Ford Motor (F), Pfizer (PFE) and Novavax (NVAX).

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 many different of retail and institutional investors. Top institutional investors include Beach Point Capital Management LP (3.04%), Great West Life Assurance Co. Can (1.98%), Emerald Mutual Fund Advisers Trust (1.03%), HarbourVest Partners LLC (0.91%), Athena Capital Advisors LLC (0.57%) and Spark Investment Management LLC (0.41%). Company insiders that own Moneygram International stock include Ripple Labs Inc and Thomas H Lee Advisors, Llc. View Institutional Ownership Trends for Moneygram International.

Which institutional investors are selling Moneygram International stock?

MGI stock was sold by a variety of institutional investors in the last quarter, including Beach Point Capital Management LP, Spark Investment Management LLC, Gabelli Funds LLC, CSat Investment Advisory L.P., Charles Schwab Investment Management Inc. and Barclays PLC. View Insider Buying and Selling for Moneygram International.

Which institutional investors are buying Moneygram International stock?

MGI stock was bought by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, HarbourVest Partners LLC, Athena Capital Advisors LLC, Credit Suisse AG, StepStone Group LP, Laurion Capital Management LP, Dynamic Technology Lab Private Ltd and AlpInvest Partners B.V.. 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, Robinhood, Fidelity and Charles Schwab.

What is Moneygram International's stock price today?

One share of MGI stock can currently be purchased for approximately $2.78.

How big of a company is Moneygram International?

Moneygram International has a market capitalization of $172.53 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.View Additional Information About Moneygram International.

What is Moneygram International's official website?

The official website for Moneygram International is http://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:  373 (Thanks for Voting!)
Underperform Votes:  495 (Thanks for Voting!)
Total Votes:  868
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 2/21/2020 by MarketBeat.com Staff

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