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
Stock Exchange NASDAQ
Industry Business services, not elsewhere classified
Sub-IndustryData Processing & Outsourced Services
SectorFinance
SymbolNASDAQ:MGI
CUSIP60935Y20
Phone214-999-7552
Debt
Debt-to-Equity Ratio-2.15
Current Ratio0.05
Quick Ratio0.05
Price-To-Earnings
Trailing P/E Ratio7.17
Forward P/E Ratio12.49
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.60 billion
Price / Sales0.22
Cash Flow$3.6193 per share
Price / Cash1.76
Book Value($7.91) per share
Price / Book-0.81
Profitability
EPS (Most Recent Fiscal Year)$0.88
Net Income$-29,800,000.00
Net Margins-2.27%
Return on Equity-8.32%
Return on Assets0.74%
Miscellaneous
Employees1,180
Outstanding Shares55,610,000
Market Cap$335.31 million
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) released its quarterly earnings data on Friday, August, 3rd. The financial services provider reported $0.21 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.15 by $0.06. The financial services provider had revenue of $374.60 million for the quarter, compared to the consensus estimate of $387.37 million. Moneygram International had a negative return on equity of 8.32% and a negative net margin of 2.27%. The company's revenue was down 8.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.27 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 price objectives for Moneygram International's shares. Their forecasts range from $6.50 to $6.50. On average, they anticipate Moneygram International's stock price to reach $6.50 in the next twelve months. This suggests a possible upside of 2.0% from the stock's current price. View Analyst Price Targets for Moneygram International.
What is the consensus analysts' recommendation for Moneygram International?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Moneygram International in the last year. There are currently 1 sell rating and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Moneygram International.
Who are some of Moneygram International's key competitors?
Some companies that are related to Moneygram International include Tabula Rasa HealthCare (TRHC), CBIZ (CBZ), Radware (RDWR), Viad (VVI), Emerald Expositions Events (EEX), CAPITA Grp/ADR (CTAGY), eXp World (EXPI), Cass Information Systems (CASS), Exela Technologies (XELA), Qiwi (QIWI), TechTarget (TTGT), QuinStreet (QNST), B. Riley Financial (RILY), Resources Connection (RECN) and Limelight Networks (LLNW).
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?
Press coverage about MGI stock has been trending somewhat negative on Monday, Accern reports. The research group ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Moneygram International earned a news and rumor sentiment score of -0.11 on Accern's scale. They also assigned headlines about the financial services provider an impact score of 47.02 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View Recent Headlines for Moneygram International.
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 State of Wisconsin Investment Board (3.94%), BlackRock Inc. (3.90%), Dimensional Fund Advisors LP (2.40%), Millennium Management LLC (0.98%), Gabelli Funds LLC (0.97%) and Migdal Insurance & Financial Holdings Ltd. (0.61%). 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 Millennium Management LLC, Renaissance Technologies LLC, State of Wisconsin Investment Board, Bank of America Corp DE, Engineers Gate Manager LP, NINE MASTS CAPITAL Ltd, Putnam Investments LLC and Paloma Partners Management Co. View Insider Buying and Selling for Moneygram International.
Which institutional investors are buying Moneygram International stock?
MGI stock was purchased by a variety of institutional investors in the last quarter, including Migdal Insurance & Financial Holdings Ltd., Gabelli Funds LLC, GABELLI & Co INVESTMENT ADVISERS INC., BlackRock Inc., Dimensional Fund Advisors LP, Alambic Investment Management L.P., LSV Asset Management and Teton Advisors Inc.. 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, Scottrade, Fidelity and Charles Schwab.
What is Moneygram International's stock price today?
One share of MGI stock can currently be purchased for approximately $6.37.
How big of a company is Moneygram International?
Moneygram International has a market capitalization of $335.31 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 (NASDAQ 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.
