MoneyGram International Stock Forecast, Price & News

3 Wall Street equities research 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 equities 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.
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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.
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MoneyGram International saw a increase in short interest in the month of 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 daily trading volume, of 2,520,000 shares, the days-to-cover ratio is presently 2.1 days.
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MoneyGram International is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for MoneyGram International.

MoneyGram International, Inc. (NASDAQ:MGI) issued its quarterly earnings data on Friday, May, 7th. The financial services provider reported ($0.06) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.02) by $0.04. The financial services provider earned $310.10 million during the quarter, compared to the consensus estimate 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.

MoneyGram International's stock was trading at $1.84 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MGI shares have increased by 460.3% and is now trading at $10.31.
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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.

3 brokerages have issued 12-month price targets for MoneyGram International's shares. 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 twelve months. This suggests that the stock has a possible downside of 17.6%.
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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), Automatic Data Processing (ADP), Fiserv (FISV), Global Payments (GPN), Paychex (PAYX), FLEETCOR Technologies (FLT), Broadridge Financial Solutions (BR), Jack Henry & Associates (JKHY), The Western Union (WU), WEX (WEX), Genpact (G), Euronet Worldwide (EEFT) 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. (4.34%), 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.

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.

MGI stock was purchased 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.
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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 $10.31.

MoneyGram International has a market capitalization of $821.44 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.

MoneyGram International employs 2,269 workers across the globe.

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..

MoneyGram International was founded in 1940.

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]