NASDAQ:MGI - MoneyGram International Stock Price, Price Target & More

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

MoneyGram International Inc (NASDAQ:MGI) issued its quarterly earnings results on Monday, May, 7th. The financial services provider reported $0.15 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.26 by $0.11. The financial services provider earned $380 million during the quarter, compared to the consensus estimate of $386.34 million. MoneyGram International had a negative net margin of 1.97% and a negative return on equity of 11.96%. The company's revenue for the quarter was down 1.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.26 EPS. View MoneyGram International's Earnings History.

MoneyGram International is scheduled to release their next quarterly earnings announcement on Monday, August, 6th 2018. View Earnings Estimates for MoneyGram International.

3 Wall Street analysts have issued 12-month price targets for MoneyGram International's shares. Their forecasts range from $17.39 to $18.00. On average, they expect MoneyGram International's share price to reach $17.6950 in the next year. View Analyst Ratings for MoneyGram International.

MoneyGram International saw a decline in short interest during the month of April. As of April 13th, there was short interest totalling 568,446 shares, a decline of 25.1% from the March 30th total of 759,280 shares. Based on an average daily trading volume, of 611,174 shares, the days-to-cover ratio is presently 0.9 days. Approximately 2.0% of the shares of the stock are sold short.

Some companies that are related to MoneyGram International include Emerald Expositions (EEX), Lending Club (LC), Capita (CTAGY), Cardtronics (CATM), comScore (SCOR), CBIZ (CBZ), Radware (RDWR), Viad (VVI), Tabula Rasa HealthCare (TRHC), eXp World (EXPI), Qiwi (QIWI), Cass Information Systems (CASS), Exela Technologies (XELA), TechTarget (TTGT) and QuinStreet (QNST).

News headlines about MGI stock have trended somewhat positive this week, Accern Sentiment reports. The research firm ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. MoneyGram International earned a news sentiment score of 0.01 on Accern's scale. They also assigned news coverage about the financial services provider an impact score of 45.81 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

MoneyGram International's stock is owned by a variety 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.

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.

MGI stock was purchased 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.

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.

One share of MGI stock can currently be purchased for approximately $6.92.

MoneyGram International has a market capitalization of $384.31 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.

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]