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
Industry Business services, not elsewhere classified
Sub-IndustryData Processing & Outsourced Services
SectorFinance
SymbolNASDAQ:MGI
CUSIP60935Y20
Phone214-999-7552
Debt
Debt-to-Equity Ratio-2.18
Current Ratio0.05
Quick Ratio0.05
Price-To-Earnings
Trailing P/E Ratio8.41
Forward P/E Ratio15.42
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.60 billion
Price / Sales0.26
Cash Flow$3.4742 per share
Price / Cash2.13
Book Value($7.91) per share
Price / Book-0.94
Profitability
EPS (Most Recent Fiscal Year)$0.88
Net Income$-29,800,000.00
Net Margins-1.97%
Return on Equity-11.96%
Return on Assets1.04%
Miscellaneous
Employees1,180
Outstanding Shares55,540,000
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 data on Monday, May, 7th. The financial services provider reported $0.15 EPS for the quarter, missing the Zacks' consensus estimate of $0.26 by $0.11. The financial services provider had revenue of $380 million for the quarter, compared to analyst estimates of $386.34 million. Moneygram International had a negative net margin of 1.97% and a negative return on equity of 11.96%. Moneygram International's revenue was down 1.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.26 EPS. View Moneygram International's Earnings History.
When is Moneygram International's next earnings date?
What price target have analysts set for MGI?
3 brokers have issued 12 month price targets for Moneygram International's shares. Their predictions range from $17.39 to $18.00. On average, they anticipate Moneygram International's share price to reach $17.6950 in the next twelve months. View Analyst Ratings for Moneygram International.
Who are some of Moneygram International's key competitors?
Some companies that are related to Moneygram International include Emerald Expositions Events (EEX), CBIZ (CBZ), Tabula Rasa HealthCare (TRHC), Viad (VVI), Radware (RDWR), Cardtronics (CATM), eXp World (EXPI), Cass Information Systems (CASS), Exela Technologies (XELA), TechTarget (TTGT), Qiwi (QIWI), QuinStreet (QNST), Limelight Networks (LLNW), Resources Connection (RECN) and B. Riley Financial (RILY).
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 trended somewhat positive on Tuesday, according to Accern Sentiment. The research group rates the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Moneygram International earned a coverage optimism score of 0.18 on Accern's scale. They also assigned news articles about the financial services provider an impact score of 45.35 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are Moneygram International's major shareholders?
Moneygram International's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include State of Wisconsin Investment Board (4.24%), BlackRock Inc. (3.68%), Millennium Management LLC (2.64%), Dimensional Fund Advisors LP (2.17%), NINE MASTS CAPITAL Ltd (0.61%) and Gabelli Funds LLC (0.43%). 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 UBS Group AG, OMERS ADMINISTRATION Corp, JPMorgan Chase & Co., Candriam Luxembourg S.C.A., SG Americas Securities LLC, NINE MASTS CAPITAL Ltd, State of Wisconsin Investment Board and Alpine Global Management LLC. 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 Millennium Management LLC, Dimensional Fund Advisors LP, Brookfield Asset Management Inc., Spark Investment Management LLC, Amplify Investments LLC, Engineers Gate Manager LP, Citadel Advisors LLC and NJ State Employees Deferred Compensation Plan. 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 $7.40.
How big of a company is Moneygram International?
Moneygram International has a market capitalization of $404.30 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 (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.
