MoneyGram International, Inc. (MoneyGram) is a global provider of money transfer services. The Company operates through two segments: Global Funds Transfer and Financial Paper Products. The Company offers its services under the MoneyGram brand. The Company's Global Funds Transfer Segment provides money transfer services and bill payment services primarily to unbanked and underbanked consumers. The Financial Paper Products Segment provides money orders to consumers through its agents and financial institutions located across the United States and Puerto Rico. The Company's offerings include money transfers, bill payment services, money order services and official check processing. The Company's money transfer services enable its consumers to send and receive funds across the world through its global network of locations. The Company also offers Digital/Self-Service solutions, such as moneygram.com, mobile solutions, account deposit and kiosk-based services.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Transaction & Payment Services
- Sub-Industry: Data Processing & Outsourced Services
- Symbol: NASDAQ:MGI
- CUSIP: 60935Y20
- Web: www.corporate.moneygram.com
Capitalization:- Market Cap: $877.02 million
- Outstanding Shares: 54,023,000
Average Prices:- 50 Day Moving Avg: $17.16
- 200 Day Moving Avg: $15.59
- 52 Week Range: $5.83 - $17.92
P/E:- Trailing P/E Ratio: 36.48
- Foreward P/E Ratio: 13.41
- P/E Growth: 1.07
Sales & Book Value:- Annual Revenue: $1.63 billion
- Price / Sales: 0.54
- Book Value: ($3.69) per share
- Price / Book: -4.40
Profitability:- EBIDTA: $218 million
- Net Margins: 1.87%
- Return on Equity: -12.41%
- Return on Assets: 1.10%
Debt:- Debt-to-Equity Ratio: -2.38%
- Current Ratio: 0.03%
- Quick Ratio: 0.03%
Misc:- Average Volume: 711,433 shs.
- Beta: 1.94
- Short Ratio: 7.3
Frequently Asked Questions for Moneygram International (NASDAQ:MGI)
What is Moneygram International's stock symbol?
Moneygram International trades on the NASDAQ under the ticker symbol "MGI."
How were Moneygram International's earnings last quarter?
Moneygram International, Inc. (NASDAQ:MGI) released its quarterly earnings data on Thursday, May, 4th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.05. The business had revenue of $386.10 million for the quarter, compared to analysts' expectations of $387.92 million. Moneygram International had a negative return on equity of 12.41% and a net margin of 1.87%. The firm's quarterly revenue was down .3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.17 EPS. View Moneygram International's Earnings History.
Where is Moneygram International's stock going? Where will Moneygram International's stock price be in 2017?
6 brokers have issued twelve-month price objectives for Moneygram International's stock. Their forecasts range from $8.00 to $18.00. On average, they anticipate Moneygram International's share price to reach $14.16 in the next year. View Analyst Ratings for Moneygram International.
Are investors shorting Moneygram International?
Moneygram International saw a increase in short interest during the month of June. As of June 15th, there was short interest totalling 3,693,343 shares, an increase of 48.4% from the May 31st total of 2,488,903 shares. Based on an average daily volume of 778,669 shares, the short-interest ratio is presently 4.7 days. Currently, 13.5% of the company's stock are sold short.
Who are some of Moneygram International's key competitors?
Some companies that are related to Moneygram International include Qiwi Plc (QIWI), Paypoint plc (PAY), Net 1 UEPS Technologies (UEPS), SafeCharge International Group Ltd (SCH), Newtek Business Services Corp. (NEWT), Planet Payment (PLPM), Earthport plc (EPO), CardConnect Corp (CCN), Heartland Payment Systems (HPY), Paysafe Group Plc (OPAY), WEX (WXS) and Xoom Corp (XOOM).
Who are Moneygram International's key executives?
Moneygram International's management team includes the folowing people:
- Pamela H. Patsley, Executive Chairman of the Board
- W. Alexander Holmes, Chief Executive Officer, Director
- Lawrence Angelilli, Chief Financial Officer
- Laura Gardiner, Chief Human Resource Officer
- Wayne F. McGurk, Chief Information Officer, Senior Vice President of Information Technology
- Kamila Chytil, Senior Vice President of key partnerships and Chief Global Operations Officer
- John D. Stoneham, Vice President, Corporate Controller and Principal Accounting Officer
- Juan C. Agualimpia, Chief Marketing Officer and Walmart Senior Leader
- Andres Villareal, Chief Compliance Officer
- Francis Aaron Henry, General Counsel, Corporate Secretary
Who owns Moneygram International stock?
Moneygram International's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Havens Advisors LLC (0.09%), Opera Trading Capital (0.03%) and Public Employees Retirement Association of Colorado (0.02%). Company insiders that own Moneygram International stock include Coley Clark, Michael P Rafferty, Peggy Vaughan and W Bruce Turner. View Institutional Ownership Trends for Moneygram International.
Who sold Moneygram International stock? Who is selling Moneygram International stock?
Who bought Moneygram International stock? Who is buying Moneygram International stock?
Moneygram International's stock was bought by a variety of institutional investors in the last quarter, including Havens Advisors LLC. Company insiders that have bought Moneygram International stock in the last two years include Coley Clark, Michael P Rafferty, Peggy Vaughan and W Bruce Turner. View Insider Buying and Selling for Moneygram International.
How do I buy Moneygram International stock?
Shares of Moneygram International can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Moneygram International's stock price today?
One share of Moneygram International stock can currently be purchased for approximately $16.23.
MarketBeat Community Rating for Moneygram International (NASDAQ MGI)MarketBeat's community ratings are surveys of what our community members think about Moneygram International and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Moneygram International (NASDAQ:MGI) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 5 Hold Ratings |
| Consensus Rating: | Hold (Score: 1.83) |
| Consensus Price Target: | $14.16 (12.75% downside) |
Analysts' Ratings History for Moneygram International (NASDAQ:MGI)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 6/30/2017 | Northland Securities | Reiterated Rating | Hold | $17.39 | Low |  |
| 6/19/2017 | Morgan Stanley | Reiterated Rating | Equal Weight | $15.00 -> $18.00 | Low | |
| 4/17/2017 | Feltl & Co. | Downgrade | Hold -> Sell | | Low | |
| 1/26/2017 | First Analysis | Downgrade | Overweight -> Equal Weight | | N/A | |
| 1/26/2017 | William Blair | Downgrade | Outperform -> Market Perform | | N/A | |
| 10/11/2016 | Compass Point | Reiterated Rating | Neutral | $8.00 | N/A | |
| 7/12/2016 | J P Morgan Chase & Co | Downgrade | Overweight -> Neutral | $8.00 | N/A | |
| 8/3/2015 | Evercore ISI | Upgrade | Sell -> Hold | $7.00 -> $10.00 | N/A | |
(Data available from 7/27/2015 forward)
Earnings History for Moneygram International (NASDAQ:MGI)Earnings History by Quarter for Moneygram International (NASDAQ MGI)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/4/2017 | Q1 2017 | $0.21 | $0.26 | $387.92 million | $386.10 million | View | N/A | |
| 3/15/2017 | Q4 2016 | $0.24 | $0.20 | $397.07 million | $416.20 million | View | N/A | |
| 10/28/2016 | Q316 | $0.15 | $0.25 | $389.53 million | $383.10 million | View | Listen | |
| 7/29/2016 | Q216 | $0.21 | $0.15 | $389.16 million | $383.70 million | View | Listen | |
| 4/29/2016 | Q116 | $0.17 | $0.17 | $355.31 million | $358.40 million | View | Listen | |
| 2/11/2016 | Q415 | $0.22 | $0.23 | $376.63 million | $376.70 million | View | Listen | |
| 10/30/2015 | Q315 | $0.21 | $0.24 | $362.60 million | $368.60 million | View | Listen | |
| 7/31/2015 | Q215 | $0.15 | $0.23 | $346.81 million | $358.80 million | View | Listen | |
| 5/1/2015 | Q115 | $0.10 | $0.11 | $333.41 million | $330.60 million | View | N/A | |
| 2/12/2015 | Q414 | $0.22 | $0.18 | $345.10 million | $349.60 million | View | N/A | |
| 10/31/2014 | Q314 | $0.30 | $0.22 | $371.90 million | $358.00 million | View | N/A | |
| 8/1/2014 | Q214 | $0.32 | $0.23 | $371.57 million | $328.30 million | View | N/A | |
| 4/29/2014 | Q114 | $0.28 | $0.37 | $371.96 million | $374.90 million | View | N/A | |
| 2/11/2014 | Q413 | $0.35 | $0.39 | $389.34 million | $385.80 million | View | N/A | |
| 10/24/2013 | Q313 | $0.34 | $0.31 | $371.34 million | $383.00 million | View | N/A | |
| 7/25/2013 | Q2 2013 | $0.31 | $0.32 | $355.73 million | $365.10 million | View | N/A | |
| 5/2/2013 | Q1 2013 | $0.24 | $0.27 | $343.08 million | $340.50 million | View | Listen | |
| 2/6/2013 | Q4 2012 | $0.26 | $0.28 | $345.98 million | $354.40 million | View | Listen | |
| 11/9/2012 | Q312 | $0.27 | $0.28 | $343.28 million | $338.60 million | View | N/A | |
| 7/26/2012 | | $0.23 | $0.23 | | | View | N/A | |
| 4/26/2012 | | $0.20 | $0.22 | | | View | N/A | |
| 2/3/2012 | | $0.21 | $0.04 | | | View | N/A | |
| 10/27/2011 | | $0.03 | $0.03 | | | View | N/A | |
| 7/28/2011 | | $0.02 | ($1.37) | | | View | N/A | |
| 4/28/2011 | | $0.02 | ($0.26) | | | View | N/A | |
| 2/4/2011 | | ($0.35) | ($0.23) | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Moneygram International (NASDAQ:MGI)Current Year EPS Consensus Estimate: $1.05 EPS
Next Year EPS Consensus Estimate: $1.21 EPS
Dividend History for Moneygram International (NASDAQ:MGI)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Moneygram International (NASDAQ:MGI)Insider Ownership Percentage: 49.50%
Institutional Ownership Percentage: 89.91%
Insider Trades by Quarter for Moneygram International (NASDAQ:MGI)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/3/2016 | Michael P. Rafferty | Director | Buy | 1,500 | $6.44 | $9,660.00 | |
| 5/19/2016 | W Bruce Turner | Director | Buy | 5,944 | $5.91 | $35,129.04 | |
| 5/13/2016 | W Bruce Turner | Director | Buy | 15,000 | $5.88 | $88,200.00 | |
| 5/6/2016 | Michael P Rafferty | Director | Buy | 1,000 | $5.90 | $5,900.00 | |
| 3/9/2016 | Peggy Vaughan | Director | Buy | 8,284 | $6.04 | $50,035.36 | |
| 2/23/2016 | W Bruce Turner | Director | Buy | 14,675 | $5.04 | $73,962.00 | |
| 2/22/2016 | Coley Clark | Director | Buy | 5,000 | $5.42 | $27,100.00 | |
| 8/29/2014 | Grant A Lines | EVP | Buy | 5,000 | $14.00 | $70,000.00 | |
| 4/2/2014 | Thomas H. Lee Advisors, Llc | major shareholder | Sell | 12,640,396 | $16.16 | $204,268,799.36 | |
| 2/14/2014 | Jeffrey Allback | EVP | Sell | 6,328 | $19.22 | $121,624.16 | |
(Data available from 1/1/2013 forward)
Headline Trends for Moneygram International (NASDAQ:MGI)
Latest Headlines for Moneygram International (NASDAQ:MGI)
| Source: |
|
| Date | Headline |
|---|
 | MoneyGram (MGI) Issues Letter to Employees
www.streetinsider.com - July 26 at 5:14 AM |
 | [$$] U.S. Message to China: Hands Off Our Companies
finance.yahoo.com - July 22 at 6:26 AM |
 | Moneygram International, Inc. (NASDAQ:MGI) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - July 14 at 10:18 AM |
| Exclusive: Ant Financial refiles for U.S. approval of MoneyGram deal - sources
finance.yahoo.com - July 12 at 3:27 AM |
| MoneyGram International, Inc. breached its 50 day moving average in a Bullish Manner : MGI-US : July 10, 2017
finance.yahoo.com - July 11 at 1:43 AM |
| Zacks: Brokerages Anticipate Moneygram International, Inc. (MGI) Will Post Quarterly Sales of $417.61 Million
www.americanbankingnews.com - July 8 at 10:56 AM |
| Brokerages Anticipate Moneygram International, Inc. (MGI) Will Post Earnings of $0.16 Per Share
www.americanbankingnews.com - July 6 at 7:36 AM |
| Moneygram International's (MGI) Hold Rating Reaffirmed at Northland Securities
www.americanbankingnews.com - June 30 at 1:20 PM |
| Moneygram International, Inc. (MGI) Short Interest Up 48.4% in June
www.americanbankingnews.com - June 30 at 7:07 AM |
| MoneyGram International, Inc. breached its 50 day moving average in a Bullish Manner : MGI-US : June 29, 2017
finance.yahoo.com - June 30 at 1:32 AM |
 | Daily Technical Summary Reports on Credit Services Stocks -- Blackhawk Network, MoneyGram, OneMain, and PHH Corp.
www.bizjournals.com - June 20 at 7:52 AM |
| Moneygram International, Inc. (MGI) Earns Equal Weight Rating from Morgan Stanley
www.americanbankingnews.com - June 19 at 5:38 PM |
| MoneyGram Wins the Asian Banker's Technology Innovation Award
finance.yahoo.com - June 19 at 11:36 AM |
| Moneygram International, Inc. (MGI) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - June 19 at 9:24 AM |
| Contrasting The Western Union Company (WU) and Moneygram International (MGI)
www.americanbankingnews.com - June 14 at 10:32 PM |
| Moneygram International, Inc. (MGI) Expected to Announce Quarterly Sales of $417.61 Million
www.americanbankingnews.com - June 14 at 1:44 PM |
| Moneygram International, Inc. (MGI) Sees Large Growth in Short Interest
www.americanbankingnews.com - June 13 at 7:12 AM |
| Moneygram International, Inc. (MGI) Expected to Post Earnings of $0.16 Per Share
www.americanbankingnews.com - June 12 at 8:38 AM |
| MoneyGram International, Inc. breached its 50 day moving average in a Bearish Manner : MGI-US : June 8, 2017
finance.yahoo.com - June 8 at 10:23 AM |
| Zacks Industry Outlook Highlights: Western Union, MoneyGram International, Acacia Research, Avis Budget Group and PRGX Global
finance.yahoo.com - June 8 at 10:23 AM |
| Obafemi Martins Opened MoneyGram GOAL Tournament
finance.yahoo.com - June 6 at 9:30 AM |
| Moneygram International Inc (MGI) Stock Rating Upgraded by ValuEngine
www.americanbankingnews.com - June 4 at 8:06 AM |
| Moneygram International Inc (MGI) Short Interest Up 60.7% in May
www.americanbankingnews.com - May 28 at 7:02 AM |
| MoneyGram International, Inc. breached its 50 day moving average in a Bullish Manner : MGI-US : May 24, 2017
finance.yahoo.com - May 24 at 10:44 AM |
| Cricket Fans to Compete for Cash during 2017 MoneyGram Cricket Bee™
finance.yahoo.com - May 24 at 10:44 AM |
| Moneygram International Inc (MGI) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - May 23 at 7:48 AM |
| [$$] Compliance officers find themselves in line of fire
finance.yahoo.com - May 22 at 10:10 AM |
 | Risk Arbitrage Today: Another Bidding War?
seekingalpha.com - May 18 at 8:34 AM |
| Moneygram International Inc (MGI) Expected to Post Quarterly Sales of $417.61 Million
www.americanbankingnews.com - May 17 at 9:46 AM |
| Moneygram International Inc (MGI) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - May 16 at 1:34 PM |
| MoneyGram Stockholders Overwhelmingly Approve Merger with Ant Financial
finance.yahoo.com - May 16 at 10:30 AM |
| Brokerages Anticipate Moneygram International Inc (MGI) Will Announce Earnings of $0.17 Per Share
www.americanbankingnews.com - May 15 at 6:22 PM |
 | Lawmakers Sound Alarm on MoneyGram Takeover (MGI, BABA)
www.investopedia.com - May 15 at 5:56 PM |
| ETFs with exposure to MoneyGram International, Inc. : May 9, 2017
finance.yahoo.com - May 9 at 6:13 PM |
| Ant Financial Launches MoneyGram Transaction Website
finance.yahoo.com - May 9 at 11:49 AM |
| MoneyGram International, Inc. :MGI-US: Earnings Analysis: Q1, 2017 By the Numbers : May 8, 2017
finance.yahoo.com - May 8 at 12:33 PM |
 | MoneyGram International Inc Reports 59% Advance In Q1 Profit
www.rttnews.com - May 6 at 9:06 AM |
| MoneyGram (MGI) Beats Q1 Earnings Estimates, Merger on Track
finance.yahoo.com - May 5 at 6:46 PM |
| MoneyGram tops 1Q profit forecasts
finance.yahoo.com - May 5 at 9:11 AM |
| Ant Financial Sees MoneyGram Deal Boosting Valuation
finance.yahoo.com - May 4 at 11:37 PM |
| Moneygram International Inc (MGI) Posts Earnings Results, Beats Expectations By $0.05 EPS
www.americanbankingnews.com - May 4 at 11:32 PM |
| Moneygram International (MGI) Receiving Somewhat Negative Media Coverage, Report Finds
www.americanbankingnews.com - May 4 at 7:20 PM |
| Former MoneyGram exec settles closely watched U.S. money laundering case
finance.yahoo.com - May 4 at 6:35 PM |
| China's Ant set to ink $3.5 billion loan to help fund MoneyGram bid - Basis Point
finance.yahoo.com - May 4 at 11:39 AM |
| Euronet Worldwide Keeps Its Acquisition Powder Dry
finance.yahoo.com - May 1 at 5:32 PM |
 | With MoneyGram Up For Grabs, Will M&A Take Hold In The Money Transfer Space?
feeds.benzinga.com - April 29 at 6:48 PM |
| Moneygram International (MGI) Given Daily Coverage Optimism Rating of -0.22
www.americanbankingnews.com - April 29 at 7:49 AM |
| Moneygram International (MGI) Earning Somewhat Positive Media Coverage, Report Finds
www.americanbankingnews.com - April 25 at 9:26 PM |
| Moneygram International Inc (MGI) Expected to Announce Earnings of $0.15 Per Share
www.americanbankingnews.com - April 25 at 12:26 AM |
| China's Ant Financial hunts Japan partner amid Asia expansion
finance.yahoo.com - April 24 at 3:47 PM |
Moneygram International (MGI) Chart for Thursday, July, 27, 2017
