MoneyGram International Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MoneyGram International in the last twelve months. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" MoneyGram International stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MGI, but not buy additional shares or sell existing shares.
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Wall Street analysts have given MoneyGram International a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but MoneyGram International wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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MoneyGram International saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 4,220,000 shares, an increase of 26.3% from the December 31st total of 3,340,000 shares. Based on an average daily trading volume, of 3,820,000 shares, the days-to-cover ratio is currently 1.1 days.
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MoneyGram International is scheduled to release its next quarterly earnings announcement on Friday, May 7th 2021.
View our earnings forecast for MoneyGram International.

MoneyGram International, Inc. (NASDAQ:MGI) announced its quarterly earnings results on Sunday, February, 21st. The financial services provider reported $0.12 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.05 by $0.07. MoneyGram International had a negative trailing twelve-month return on equity of 1.48% and a negative net margin of 2.23%.
View MoneyGram International's earnings history.

MoneyGram International's stock was trading at $1.84 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MGI stock has increased by 270.1% and is now trading at $6.81.
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MoneyGram International issued an update on its first quarter 2021 Pre-Market earnings guidance on Monday, February, 22nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $300-300 million, compared to the consensus revenue estimate of $298.53 million.

3 brokerages have issued 12 month target prices for MoneyGram International's stock. Their forecasts range from $6.00 to $9.50. On average, they expect MoneyGram International's share price to reach $7.75 in the next twelve months. This suggests a possible upside of 13.8% from the stock's current price.
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140 employees have rated MoneyGram International CEO Alex Holmes on Glassdoor.com. Alex Holmes has an approval rating of 65% among MoneyGram International's employees.

Some companies that are related to MoneyGram International include Visa (V), Mastercard (MA), Fidelity National Information Services (FIS), Fiserv (FISV), Automatic Data Processing (ADP), Global Payments (GPN), Paychex (PAYX), FLEETCOR Technologies (FLT), Broadridge Financial Solutions (BR), Jack Henry & Associates (JKHY), The Western Union (WU), WEX (WEX), Euronet Worldwide (EEFT), Genpact (G) and CoreLogic (CLGX).
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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), Ford Motor (F), Pfizer (PFE), Coty (COTY), NIO (NIO), AbbVie (ABBV), Sorrento Therapeutics (SRNE), Alibaba Group (BABA) and General Electric (GE).

MoneyGram International trades on the NASDAQ under the ticker symbol "MGI."

MoneyGram International's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.68%), Engle Capital Management L.P. (2.22%), Beach Point Capital Management LP (2.10%), Morgan Stanley (1.66%), Toroso Investments LLC (1.02%) and Dimensional Fund Advisors LP (0.98%). Company insiders that own MoneyGram International stock include Ripple Labs Inc and Thomas H Lee Advisors, Llc.
View institutional ownership trends for MoneyGram International.

MGI stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Beach Point Capital Management LP, Dynamic Technology Lab Private Ltd, Teton Advisors Inc., HighTower Advisors LLC, Fuller & Thaler Asset Management Inc., Gabelli Funds LLC, and New York State Common Retirement Fund.
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MGI stock was purchased by a variety of institutional investors in the last quarter, including Engle Capital Management L.P., Toroso Investments LLC, Renaissance Technologies LLC, Morgan Stanley, Squarepoint Ops LLC, Engineers Gate Manager LP, Granite Point Capital Management L.P., and JPMorgan Chase & Co..
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Shares of MGI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MGI stock can currently be purchased for approximately $6.81.

MoneyGram International has a market capitalization of $494.01 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.

The official website for MoneyGram International is www.corporate.moneygram.com.

MoneyGram International is headquartered at 2828 NORTH HARWOOD STREET 15TH FLOOR, DALLAS TX, 75201.

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]