NASDAQ:MGIMoneygram International Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Moneygram International Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $1.44 +0.11 (+8.27 %) (As of 04/9/2020 04:00 PM ET) Add Compare Share Today's Range$1.25Now: $1.44▼$1.4650-Day Range$1.18MA: $1.78▼$3.0052-Week Range$1.15Now: $1.44▼$6.70Volume2.61 million shsAverage Volume1.46 million shsMarket Capitalization$91.24 millionP/E RatioN/ADividend YieldN/ABeta2.48 ProfileAnalyst RatingsAdvanced ChartEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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 1940 and is based in Dallas, Texas.Read More Beat the Market (BTM) Rank™ 0.9 Analyst's Opinion Consensus RatingMoneygram International has received a consensus rating of Hold. The company's average rating score is 1.75, and is based on no buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $1.00, Moneygram International has a potential downside of 30.6% from its current price of $1.44.Amount of Analyst CoverageMoneygram International has only been the subject of 4 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesMoneygram International has received 381 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMoneygram International has received 507 “underperform” votes. (Add your “underperform” vote.)Community SentimentMoneygram International has received 57.09% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldMoneygram International does not currently pay a dividend.Dividend GrowthMoneygram International does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Moneygram International insiders have not sold or bought any company stock.Percentage Held by Insiders45.70% of the stock of Moneygram International is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 32.05% of the stock of Moneygram International is held by institutions. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Moneygram International are expected to decrease by -76.47% in the coming year, from ($0.17) to ($0.04) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Moneygram International is -1.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Moneygram International is -1.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next Analyst Opinion: 0.9Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™0.80 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Business services, not elsewhere classified Sub-IndustryData Processing & Outsourced Services SectorFinance Current SymbolNASDAQ:MGI Previous Symbol CUSIP60935Y20 CIK1273931 Webhttp://www.corporate.moneygram.com/ Phone214-999-7552Debt Debt-to-Equity RatioN/A Current Ratio0.04 Quick Ratio0.04Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$1.29 billion Price / Sales0.07 Cash Flow$2.25 per share Price / Cash Flow0.64 Book Value($6.84) per share Price / Book-0.21Profitability EPS (Most Recent Fiscal Year)($0.06) Net Income$-60,300,000.00 Net Margins-4.68% Return on EquityN/A Return on Assets-0.05%Miscellaneous Employees2,252 Outstanding Shares63,360,000Market Cap$91.24 million Next Earnings Date5/13/2020 (Estimated) OptionableOptionable Receive MGI News and Ratings via Email Sign-up to receive the latest news and ratings for MGI and its competitors with MarketBeat's FREE daily newsletter. NASDAQ:MGI Rates by TradingView Moneygram International (NASDAQ:MGI) Frequently Asked Questions How has Moneygram International's stock been impacted by COVID-19 (Coronavirus)? Moneygram International's stock was trading at $1.84 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MGI shares have decreased by 21.7% and is now trading at $1.44. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Moneygram International? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Moneygram International in the last year. There are currently 1 sell rating and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Moneygram International. When is Moneygram International's next earnings date? Moneygram International is scheduled to release its next quarterly earnings announcement on Wednesday, May 13th 2020. View our earnings forecast for Moneygram International. How were Moneygram International's earnings last quarter? Moneygram International Inc (NASDAQ:MGI) posted its quarterly earnings data on Monday, February, 24th. The financial services provider reported $0.01 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.03) by $0.04. The financial services provider had revenue of $323.70 million for the quarter, compared to the consensus estimate of $328.22 million. View Moneygram International's earnings history. What price target have analysts set for MGI? 4 brokerages have issued twelve-month price objectives for Moneygram International's shares. Their forecasts range from $1.00 to $1.00. On average, they anticipate Moneygram International's share price to reach $1.00 in the next year. This suggests that the stock has a possible downside of 30.6%. View analysts' price targets 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’s fourth-quarter 2019 adjusted income per share of 1 cent surpassed the Zacks Consensus Estimate of a loss of 2 cents. Its results reflected transaction growth outside the United States. 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. Shares have also outperformed its industry on a year-to-date basis. However, 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. The company’s high compliance costs are other headwinds." (3/5/2020) 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? Headlines about MGI stock have been trending very negative this week, InfoTrie Sentiment reports. The research group scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Moneygram International earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutMoneygram International. Are investors shorting Moneygram International? Moneygram International saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 6,302,300 shares, an increase of 15.2% from the February 27th total of 5,470,000 shares. Based on an average daily trading volume, of 1,477,600 shares, the days-to-cover ratio is presently 4.3 days. Approximately 12.7% of the company's stock are sold short. View Moneygram International's Current Options Chain. Who are some of Moneygram International's key competitors? Some companies that are related to Moneygram International include Visa (V), Mastercard (MA), Fidelity National Information Servcs (FIS), Fiserv (FISV), Automatic Data Processing (ADP), Global Payments (GPN), Total System Services (TSS), Paychex (PAYX), FleetCor Technologies (FLT), Jack Henry & Associates (JKHY), Broadridge Financial Solutions (BR), The Western Union (WU), Genpact (G), Euronet Worldwide (EEFT) and WEX (WEX). 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), AbbVie (ABBV), Alibaba Group (BABA), Ford Motor (F), General Electric (GE), NIO (NIO) and Amarin (AMRN). Who are Moneygram International's key executives? Moneygram International's management team includes the following 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) What is Moneygram International's stock symbol? Moneygram International trades on the NASDAQ under the ticker symbol "MGI." 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 $1.44. How big of a company is Moneygram International? Moneygram International has a market capitalization of $91.24 million and generates $1.29 billion in revenue each year. The financial services provider earns $-60,300,000.00 in net income (profit) each year or ($0.06) on an earnings per share basis. Moneygram International employs 2,252 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://www.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] This page was last updated on 4/9/2020 by MarketBeat.com StaffFeatured Article: What is channel trading?
