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

Sign in or create an account to add this stock to your watchlist.
$2.50 +0.06 (+2.46 %)
(As of 02/21/2019 03:18 AM ET)
Previous Close$2.44
Today's Range$2.44 - $2.55
52-Week Range$1.59 - $11.66
Volume426,400 shs
Average Volume507,512 shs
Market Capitalization$139.04 million
P/E Ratio5.77
Dividend YieldN/A
Beta1.66
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.

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.

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$3.5211 per share
Book Value($7.91) per share

Profitability

Net Income$-24,000,000.00

Miscellaneous

Employees1,180
Market Cap$139.04 million
OptionableOptionable

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 results on Monday, February, 11th. The financial services provider reported $0.01 earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.01) by $0.02. The financial services provider had revenue of $345.80 million for the quarter, compared to the consensus estimate of $345.31 million. Moneygram International had a negative return on equity of 7.09% and a negative net margin of 1.66%. 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 Monday, May 6th 2019. View Earnings Estimates for Moneygram International.

What guidance has Moneygram International issued on next quarter's earnings?

Moneygram International updated its FY 2019 earnings guidance on Monday, February, 11th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.39-1.419 billion, compared to the consensus revenue estimate of $1.43 billion.

What price target have analysts set for MGI?

3 brokerages have issued 12 month target prices for Moneygram International's shares. Their predictions range from $2.00 to $6.50. On average, they anticipate Moneygram International's share price to reach $4.25 in the next twelve months. This suggests a possible upside of 70.0% 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 2 sell ratings and 1 hold rating for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Moneygram International.

Has Moneygram International been receiving favorable news coverage?

Media headlines about MGI stock have been trending somewhat positive on Thursday, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news 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 news sentiment score of 1.7 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days.

Are investors shorting Moneygram International?

Moneygram International saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 1,391,499 shares, an increase of 42.6% from the January 15th total of 975,717 shares. Based on an average trading volume of 505,503 shares, the days-to-cover ratio is presently 2.8 days. Currently, 4.9% of the shares of the company are sold short. View Moneygram International's Current Options Chain.

Who are some of Moneygram International's key competitors?

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)
  • Mr. Francis Aaron Henry, Exec. VP, Gen. Counsel & Corp. Sec. (Age 53)
  • Mr. Grant A. Lines, Global Chief Revenue Officer (Age 54)
  • Ms. Kamila K. Chytil, Chief Global Operations Officer (Age 39)

Who are Moneygram International's major shareholders?

Moneygram International's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (3.97%), Beach Point Capital Management LP (3.30%), D. E. Shaw & Co. Inc. (2.29%), Dimensional Fund Advisors LP (2.12%), Acadian Asset Management LLC (1.36%) and Gabelli Funds LLC (0.97%). View Institutional Ownership Trends for Moneygram International.

Which major investors are selling Moneygram International stock?

MGI stock was sold by a variety of institutional investors in the last quarter, including D. E. Shaw & Co. Inc., Dimensional Fund Advisors LP, GABELLI & Co INVESTMENT ADVISERS INC., Connor Clark & Lunn Investment Management Ltd., Citigroup Inc., Bank of New York Mellon Corp, Geode Capital Management LLC and Gabelli Funds LLC. View Insider Buying and Selling for Moneygram International.

Which major investors are buying Moneygram International stock?

MGI stock was purchased by a variety of institutional investors in the last quarter, including Beach Point Capital Management LP, Acadian Asset Management LLC, Alambic Investment Management L.P., Teton Advisors Inc., Two Sigma Investments LP, ETF Managers Group LLC, Meeder Asset Management Inc. and Gamco Investors INC. ET AL. 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 $2.50.

How big of a company is Moneygram International?

Moneygram International has a market capitalization of $139.04 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 1,180 workers across the globe.

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]


MarketBeat Community Rating for Moneygram International (NASDAQ MGI)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  306 (Vote Outperform)
Underperform Votes:  417 (Vote Underperform)
Total Votes:  723
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 2/21/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel