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

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

Moneygram International Inc (NASDAQ:MGI) released its quarterly earnings results on Monday, February, 24th. The financial services provider reported $0.01 EPS for the quarter, topping analysts' consensus estimates of ($0.03) by $0.04. The financial services provider had revenue of $323.70 million for the quarter, compared to analyst estimates of $328.22 million. Moneygram International had a negative net margin of 4.68% and a negative return on equity of 3.29%. View Moneygram International's Earnings History.

Moneygram International is scheduled to release their next quarterly earnings announcement on Wednesday, May 13th 2020. View Earnings Estimates for Moneygram International.

4 brokers have issued twelve-month target prices for Moneygram International's shares. Their forecasts range from $3.50 to $3.50. On average, they anticipate Moneygram International's share price to reach $3.50 in the next twelve months. This suggests a possible upside of 62.0% from the stock's current price. View Analyst Price Targets for 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, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Moneygram International.

Media stories about MGI stock have trended very negative on Saturday, InfoTrie reports. The research group rates the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Moneygram International earned a coverage optimism score of -4.0 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the stock's share price in the next several days. View News Stories for Moneygram International.

Moneygram International saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 4,110,000 shares, an increase of 8.7% from the January 15th total of 3,780,000 shares. Based on an average trading volume of 1,920,000 shares, the short-interest ratio is presently 2.1 days. Currently, 7.9% of the company's stock are sold short. View Moneygram International's Current Options Chain.

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), Total System Services (TSS), FleetCor Technologies (FLT), Broadridge Financial Solutions (BR), Jack Henry & Associates (JKHY), The Western Union (WU), WEX (WEX) and Genpact (G).

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), Alibaba Group (BABA), NIO (NIO), AbbVie (ABBV), Ford Motor (F), Pfizer (PFE) and Novavax (NVAX).

Moneygram International's stock is owned by a number of of institutional and retail investors. Top institutional investors include Beach Point Capital Management LP (3.04%), Great West Life Assurance Co. Can (1.98%), Emerald Mutual Fund Advisers Trust (1.03%), HarbourVest Partners LLC (0.91%), Athena Capital Advisors LLC (0.57%) and Spark Investment Management LLC (0.41%). 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 Beach Point Capital Management LP, Spark Investment Management LLC, Gabelli Funds LLC, CSat Investment Advisory L.P., Charles Schwab Investment Management Inc. and Barclays PLC. View Insider Buying and Selling for Moneygram International.

MGI stock was acquired by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, HarbourVest Partners LLC, Athena Capital Advisors LLC, Credit Suisse AG, StepStone Group LP, Laurion Capital Management LP, Dynamic Technology Lab Private Ltd and AlpInvest Partners B.V.. View Insider Buying and Selling for 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.

One share of MGI stock can currently be purchased for approximately $2.16.

Moneygram International has a market capitalization of $134.05 million and generates $1.29 billion in revenue each year. The financial services provider earns $-24,000,000.00 in net income (profit) each year or ($0.06) on an earnings per share basis. Moneygram International employs 2,436 workers across the globe.View Additional Information About Moneygram International.

The official website for Moneygram International is http://corporate.moneygram.com/.

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]