Moneygram International Stock Price, News & Analysis (NASDAQ:MGI)

$4.86
-0.01 (-0.21 %)
(As of 09/20/2019 04:00 PM ET)
Today's Range
$4.7250
Now: $4.86
$5.00
50-Day Range
$2.56
MA: $4.02
$6.09
52-Week Range
$1.33
Now: $4.86
$6.70
Volume1.47 million shs
Average Volume2.57 million shs
Market Capitalization$301.56 million
P/E Ratio22.00
Dividend YieldN/A
Beta2.74
MoneyGram International, Inc, together with its subsidiaries, provides 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 primarily to unbanked and underbanked consumers. Read More…

Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryData Processing & Outsourced Services
SectorFinance
Current SymbolNASDAQ:MGI
CUSIP60935Y20
Phone214-999-7552

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.45 billion
Cash Flow$2.7771 per share
Book Value($8.14) per share

Profitability

Net Income$-24,000,000.00

Miscellaneous

Employees2,436
Market Cap$301.56 million
Next Earnings Date11/14/2019 (Estimated)
OptionableOptionable

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Moneygram International (NASDAQ:MGI) Frequently Asked Questions

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) issued its earnings results on Thursday, August, 1st. The financial services provider reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.08. The financial services provider had revenue of $323.80 million for the quarter, compared to analyst estimates of $342.31 million. Moneygram International had a negative return on equity of 3.29% and a negative net margin of 5.56%. View Moneygram International's Earnings History.

When is Moneygram International's next earnings date?

Moneygram International is scheduled to release their next quarterly earnings announcement on Thursday, November 14th 2019. View Earnings Estimates for Moneygram International.

What price target have analysts set for MGI?

3 analysts have issued 1-year price objectives for Moneygram International's stock. Their forecasts range from $3.50 to $7.00. On average, they anticipate Moneygram International's stock price to reach $5.25 in the next year. This suggests a possible upside of 8.0% from the stock's current price. View Analyst Price Targets for Moneygram International.

What is the consensus analysts' recommendation for Moneygram International?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Moneygram International in the last year. There are currently 2 sell ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Moneygram International.

What are Wall Street analysts saying about Moneygram International stock?

Here are some recent quotes from research analysts about Moneygram International stock:
  • 1. Northland Securities analysts commented, "We note Groupon and RetailMeNot as a couple examples in the affiliate program." (9/5/2019)
  • 2. According to Zacks Investment Research, "MoneyGram International’s earnings of 12 cents per share beat estimates by 50%, but were down 43% year over year. The decline was from slower U.S. outbound transaction along with stiff competition in the domestic market. This was partly offset by higher revenues from digital platform, growth in many key corridors led by a sequential increase in active, returning and new customers. Its investment in digital platform, mobile and online businesses should help it gain market share. A decline in expenses is expected to aid margins. The company’s partnership with Ripple will help it to gain from blockchain technology and grow its cross-border business. However, weakness in the money transfer business, high compliance costs and global economic weakness are concerns. Its stock has outperformed the industry year to date." (8/8/2019)

Has Moneygram International been receiving favorable news coverage?

News coverage about MGI stock has been trending negative recently, InfoTrie reports. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Moneygram International earned a daily sentiment score of -2.9 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Moneygram International.

Are investors shorting Moneygram International?

Moneygram International saw a decrease in short interest in August. As of August 31st, there was short interest totalling 3,964,400 shares, a decrease of 14.2% from the July 31st total of 4,620,200 shares. Based on an average daily trading volume, of 2,880,000 shares, the days-to-cover ratio is currently 1.4 days. Approximately 15.4% of the company's stock are short sold. View Moneygram International's Current Options Chain.

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), Alibaba Group (BABA), Intuit (INTU), Micron Technology (MU), NIO (NIO), Advanced Micro Devices (AMD), Tesla (TSLA), Range Resources (RRC), Trevena (TRVN) and General Electric (GE).

Who are Moneygram International's key executives?

Moneygram International's management team includes the folowing people:
  • Mr. W. Alexander Holmes, Chairman & CEO (Age 44)
  • Mr. Lawrence Angelilli, Exec. VP & CFO (Age 63)
  • Ms. Kamila K. Chytil, Chief Global Operations Officer (Age 39)
  • Mr. Francis Aaron Henry, Exec. VP, Gen. Counsel & Corp. Sec. (Age 53)
  • Mr. Grant A. Lines, Chief Revenue Officer (Age 54)

Who are Moneygram International's major shareholders?

Moneygram International's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (2.35%), AQR Capital Management LLC (2.22%), BlackRock Inc. (1.12%), D. E. Shaw & Co. Inc. (1.00%), Teton Advisors Inc. (1.03%) and Renaissance Technologies LLC (0.68%). View Institutional Ownership Trends for Moneygram International.

Which major investors are selling Moneygram International stock?

MGI stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., D. E. Shaw & Co. Inc., Parametric Portfolio Associates LLC, Gabelli Funds LLC, AQR Capital Management LLC, Vanguard Group Inc., Bank of New York Mellon Corp and Charles Schwab Investment Management Inc.. View Insider Buying and Selling for Moneygram International.

Which major investors are buying Moneygram International stock?

MGI stock was bought by a variety of institutional investors in the last quarter, including Toroso Investments LLC, CSat Investment Advisory L.P., Jane Street Group LLC, GSA Capital Partners LLP, Hennessy Advisors Inc., Paloma Partners Management Co, Centaurus Financial Inc. and Thoroughbred Financial Services LLC. View Insider Buying and Selling for Moneygram International.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Moneygram International's stock price today?

One share of MGI stock can currently be purchased for approximately $4.86.

How big of a company is Moneygram International?

Moneygram International has a market capitalization of $301.56 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.

What is Moneygram International's official website?

The official website for Moneygram International is http://corporate.moneygram.com/.

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]


MarketBeat Community Rating for Moneygram International (NASDAQ MGI)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  340 (Vote Outperform)
Underperform Votes:  455 (Vote Underperform)
Total Votes:  795
MarketBeat's community ratings are surveys of what our community members think about Moneygram International and other stocks. Vote "Outperform" if you believe MGI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MGI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/21/2019 by MarketBeat.com Staff

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