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

$2.61

+0.01 (+0.38 %)

(As of 01/24/2020 09:34 AM ET)

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Today's Range

$2.59

Now: $2.61▼

$2.62

50-Day Range

$2.06

MA: $2.30▼

$2.72

52-Week Range

$1.33

Now: $2.61▼

$6.70

Volume28,422 shs

Average Volume2.01 million shs

Market Capitalization$161.98 million

P/E RatioN/A

Dividend YieldN/A

Beta2.58

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

Stock Exchange NASDAQ

Industry Business services, not elsewhere classified

Sub-IndustryData Processing & Outsourced Services

SectorFinance

Current SymbolNASDAQ:MGI

Previous Symbol

CUSIP60935Y20

CIK1273931

Webhttp://corporate.moneygram.com/

Phone214-999-7552

Debt

Debt-to-Equity RatioN/A

Current Ratio0.03

Quick Ratio0.03

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.45 billion

Price / Sales0.11

Cash Flow$2.81 per share

Price / Cash Flow0.93

Book Value($8.14) per share

Price / Book-0.32

Profitability

EPS (Most Recent Fiscal Year)$0.43

Net Income$-24,000,000.00

Net Margins-4.65%

Return on Equity-3.29%

Return on Assets-0.06%

Miscellaneous

Employees2,436

Outstanding Shares62,060,000

Market Cap$161.98 million

Next Earnings Date2/10/2020 (Estimated)

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) released its quarterly earnings data on Thursday, October, 31st. The financial services provider reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by $0.06. The financial services provider had revenue of $324.60 million for the quarter, compared to the consensus estimate of $328.99 million. Moneygram International had a negative net margin of 4.65% and a negative return on equity of 3.29%. 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, February 10th 2020. View Earnings Estimates for Moneygram International.

What price target have analysts set for MGI?

2 analysts have issued 12-month target prices for Moneygram International's shares. Their forecasts range from $3.50 to $3.50. On average, they expect Moneygram International's stock price to reach $3.50 in the next year. This suggests a possible upside of 34.1% 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?

News stories about MGI stock have been trending very positive on Friday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Moneygram International earned a coverage optimism score of 3.9 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Moneygram International.

Are investors shorting Moneygram International?

Moneygram International saw a decline in short interest during the month of December. As of December 31st, there was short interest totalling 3,780,000 shares, a decline of 12.9% from the December 15th total of 4,340,000 shares. Based on an average daily trading volume, of 1,720,000 shares, the days-to-cover ratio is currently 2.2 days. Currently, 7.3% of the company's shares 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), Worldpay (WP), Paychex (PAYX), FleetCor Technologies (FLT), Total System Services (TSS), Broadridge Financial Solutions (BR), The Western Union (WU), Jack Henry & Associates (JKHY), WEX (WEX) and Euronet Worldwide (EEFT).

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

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)

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 $2.61.

How big of a company is Moneygram International?

Moneygram International has a market capitalization of $161.98 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 ( )
Outperform Votes:		365 (Vote Outperform)
Underperform Votes:		489 (Vote Underperform)
Total Votes:		854

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 1/24/2020 by MarketBeat.com Staff

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