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

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

Moneygram International Inc (NASDAQ:MGI) issued its quarterly earnings results on Thursday, October, 31st. The financial services provider reported ($0.04) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.02 by $0.06. The financial services provider earned $324.60 million during the quarter, compared to analyst estimates 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.

Moneygram International is scheduled to release their next quarterly earnings announcement on Monday, February 10th 2020. View Earnings Estimates for Moneygram International.

2 Wall Street analysts have issued 1 year price targets for Moneygram International's stock. Their forecasts range from $3.50 to $3.50. On average, they anticipate Moneygram International's stock price to reach $3.50 in the next twelve months. This suggests a possible upside of 38.3% from the stock's current price. View Analyst Price Targets 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.

News coverage about MGI stock has trended very negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Moneygram International earned a daily sentiment score of -3.0 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Moneygram International.

Moneygram International saw a decrease in short interest during the month of December. As of December 31st, there was short interest totalling 3,780,000 shares, a decrease 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 presently 2.2 days. Currently, 7.3% of the shares of the company 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), FleetCor Technologies (FLT), Total System Services (TSS), Broadridge Financial Solutions (BR), Jack Henry & Associates (JKHY), The Western Union (WU), WEX (WEX) and Euronet Worldwide (EEFT).

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), Ford Motor (F), Pfizer (PFE), Range Resources (RRC) and Micron Technology (MU).

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 $2.53.

Moneygram International has a market capitalization of $157.01 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.

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]