NASDAQ:MGI

MoneyGram International Stock Forecast, Price & News

$10.10
+0.35 (+3.59 %)
(As of 06/18/2021 11:39 AM ET)
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Today's Range
$9.84
$10.34
50-Day Range
$6.47
$11.25
52-Week Range
$2.61
$11.85
Volume201,800 shs
Average Volume3.04 million shs
Market Capitalization$804.71 million
P/E RatioN/A
Dividend YieldN/A
Beta1.72
30 days | 90 days | 365 days | Advanced Chart
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MoneyGram International logo

About MoneyGram International

MoneyGram International, Inc., together with its subsidiaries, provides cross-border peer-to-peer payments and 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 through third-party agents, including retail chains, independent retailers, post offices, banks, and other financial institutions; and digital solutions, such as moneygram.com, mobile solutions, digital partners, wallets, and account deposit services. The Financial Paper Products segment provides money orders to consumers through its agents and financial institutions under the MoneyGram brand and on a private label or co-branded basis with various agents and financial institutions; and official check outsourcing services for banks and credit unions. MoneyGram International, Inc. was incorporated in 2003 and is based in Dallas, Texas.

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MarketRank

Overall MarketRank

0.91 out of 5 stars

Finance Sector

1157th out of 1,974 stocks

Business Services, Not Elsewhere Classified Industry

104th out of 204 stocks

Analyst Opinion: 1.0Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 0.6 5 -4 -3 -2 -1 -
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MoneyGram International (NASDAQ:MGI) Frequently Asked Questions

Is MoneyGram International a buy right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MoneyGram International in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research 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.
View analyst ratings for MoneyGram International
or view top-rated stocks.

What stocks does MarketBeat like better than MoneyGram International?

Wall Street analysts have given MoneyGram International a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but MoneyGram International wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting MoneyGram International?

MoneyGram International saw a increase in short interest in May. As of May 14th, there was short interest totaling 5,330,000 shares, an increase of 24.0% from the April 29th total of 4,300,000 shares. Based on an average trading volume of 2,520,000 shares, the short-interest ratio is currently 2.1 days.
View MoneyGram International's Short Interest
.

When is MoneyGram International's next earnings date?

MoneyGram International is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for MoneyGram International
.

How were MoneyGram International's earnings last quarter?

MoneyGram International, Inc. (NASDAQ:MGI) posted its earnings results on Friday, May, 7th. The financial services provider reported ($0.06) EPS for the quarter, missing the consensus estimate of ($0.02) by $0.04. The financial services provider had revenue of $310.10 million for the quarter, compared to analyst estimates of $300.28 million. MoneyGram International had a negative trailing twelve-month return on equity of 5.24% and a negative net margin of 0.15%.
View MoneyGram International's earnings history
.

How has MoneyGram International's stock price been impacted by Coronavirus (COVID-19)?

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 shares have increased by 448.9% and is now trading at $10.10.
View which stocks have been most impacted by COVID-19
.

What guidance has MoneyGram International issued on next quarter's earnings?

MoneyGram International updated its second quarter 2021 earnings guidance on Friday, May, 28th. The company provided earnings per share (EPS) guidance of - for the period. The company issued revenue guidance of $315 million-$325 million, compared to the consensus revenue estimate of $312.90 million.

What price target have analysts set for MGI?

3 brokerages have issued 1 year target prices for MoneyGram International's stock. Their forecasts range from $6.00 to $10.00. On average, they expect MoneyGram International's stock price to reach $8.50 in the next year. This suggests that the stock has a possible downside of 15.8%.
View analysts' price targets for MoneyGram International
or view top-rated stocks among Wall Street analysts.

Who are MoneyGram International's key executives?

MoneyGram International's management team includes the following people:
  • Mr. W. Alexander Holmes, Chairman & CEO (Age 46, Pay $3.79M)
  • Mr. Lawrence Angelilli, Exec. VP & CFO (Age 65, Pay $1.4M)
  • Mr. Andres Villareal, Chief Compliance Officer (Age 56, Pay $1.19M)
  • Mr. Grant A. Lines, Chief Revenue Officer (Age 56, Pay $1.41M)
  • Ms. Hilary Jackson, Chief Operating Officer
  • Mr. Christopher H. Russell Jr., Chief Accounting Officer (Age 55)
  • Mr. Robert L. Villasenor, Chief Admin. Officer, Gen. Counsel & Corp. Sec. (Age 50)
  • Mr. Stephen Reiff, Head of Global Strategy & Corp. Communications
  • Ms. Kim Garner, Sr. VP of Global Security and Investigations
  • Mr. Yogesh Sangle, Head of Asia Pacific, Middle East & South Asia

What is Alex Holmes' approval rating as MoneyGram International's CEO?

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.

Who are some of MoneyGram International's key competitors?

What other stocks do shareholders of MoneyGram International own?

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).

What is MoneyGram International's stock symbol?

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

Who are MoneyGram International's major shareholders?

MoneyGram International's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.34%), Renaissance Technologies LLC (3.47%), Geode Capital Management LLC (1.32%), Point72 Asset Management L.P. (1.31%), Dimensional Fund Advisors LP (1.05%) and Quinn Opportunity Partners LLC (0.88%). Company insiders that own MoneyGram International stock include Ripple Labs Inc and Thomas H Lee Advisors, Llc.
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 Point72 Asset Management L.P., Morgan Stanley, Beach Point Capital Management LP, Arrowstreet Capital Limited Partnership, Cubist Systematic Strategies LLC, Squarepoint Ops LLC, Acadian Asset Management LLC, and Strs Ohio.
View insider buying and selling activity for MoneyGram International
or view top insider-selling stocks.

Which institutional investors are buying MoneyGram International stock?

MGI stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Quinn Opportunity Partners LLC, Archon Capital Management LLC, Gilder Gagnon Howe & Co. LLC, Federated Hermes Inc., Hennessy Advisors Inc., JPMorgan Chase & Co., and Clear Harbor Asset Management LLC.
View insider buying and selling activity for MoneyGram International
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is MoneyGram International's stock price today?

One share of MGI stock can currently be purchased for approximately $10.10.

How much money does MoneyGram International make?

MoneyGram International has a market capitalization of $804.71 million and generates $1.22 billion in revenue each year. The financial services provider earns $-7,900,000.00 in net income (profit) each year or $0.21 on an earnings per share basis.

How many employees does MoneyGram International have?

MoneyGram International employs 2,269 workers across the globe.

Does MoneyGram International have any subsidiaries?

The following companies are subsidiares of MoneyGram International: Ferrum Trust, MIL Overseas Limited, MIL Overseas Nigeria Limited, MONEYGRAM TURKEY ÖDEME HÝZMETLERÝ ANONÝM ÞÝRKETÝ, MPS France S.A., MPSG Holdings Limited, MPSG International Limited, MPSG Limited, MTI Money Transfer Limited, Money Globe Payment Institution S.A., MoneyGram Consulting (Shanghai) Co. Ltd., MoneyGram India Private Limited, MoneyGram International B.V., MoneyGram International Holdings Limited, MoneyGram International Limited, MoneyGram International Payment Systems Inc., MoneyGram International Pte. Ltd., MoneyGram International SAS, MoneyGram International SPRL, MoneyGram Mexico S.A. de C.V., MoneyGram Overseas (Pty) Limited, MoneyGram Payment Services GmbH, MoneyGram Payment Systems Belgium N.V., MoneyGram Payment Systems Brasil LTDA, MoneyGram Payment Systems Canada Inc., MoneyGram Payment Systems Greece S.A., MoneyGram Payment Systems Hong Kong Limited, MoneyGram Payment Systems Inc., MoneyGram Payment Systems Ireland Limited, MoneyGram Payment Systems Italy S.r.l., MoneyGram Payment Systems Malaysia Sdn. Bhd, MoneyGram Payment Systems Netherlands B.V., MoneyGram Payment Systems Nevada LLC, MoneyGram Payment Systems Poland sp. Zoo, MoneyGram Payment Systems South Africa Proprietary Limited, MoneyGram Payment Systems Spain S.A., MoneyGram Payment Systems Worldwide Inc., MoneyGram of New York LLC, Nexxo Financial, PT MoneyGram Payment Systems Indonesia, and Travelers Express Company (P.R.) Inc..

When was MoneyGram International founded?

MoneyGram International was founded in 1940.

What is MoneyGram International's official website?

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

Where are MoneyGram International's headquarters?

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

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]


This page was last updated on 6/18/2021 by MarketBeat.com Staff
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