NASDAQ:MGI

MoneyGram International Stock Forecast, Price & News

$7.27

+0.24 (+3.41 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$6.90

Now: $7.27▼

$7.43

50-Day Range

$5.30

MA: $6.37▼

$7.42

52-Week Range

$1.15

Now: $7.27▼

$8.93

Volume3.01 million shs

Average Volume3.51 million shs

Market Capitalization$527.21 million

P/E RatioN/A

Dividend YieldN/A

Beta1.95

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 primarily to unbanked and underbanked consumers through third-party agents, including retail chains, independent retailers, post offices, 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 financial institutions. MoneyGram International, Inc. is based in Dallas, Texas.

MarketRank^™

Overall MarketRank^™

1.16 out of 5 stars

Finance Sector

883rd out of 1,704 stocks

Business Services, Not Elsewhere Classified Industry

74th out of 148 stocks

1.0 Analyst's Opinion

Consensus Rating
MoneyGram International has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $5.25, MoneyGram International has a forecasted downside of 27.8% from its current price of $7.27.
Amount of Analyst Coverage
MoneyGram International has only been the subject of 2 research reports in the past 90 days.

2.1 Community Rank

Outperform Votes
MoneyGram International has received 387 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
MoneyGram International has received 515 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
MoneyGram International has received 57.10% “underperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
MoneyGram International does not currently pay a dividend.
Dividend Growth
MoneyGram International does not have a long track record of dividend growth.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, MoneyGram International insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.40% of the stock of MoneyGram International is held by insiders.
Percentage Held by Institutions
36.01% of the stock of MoneyGram International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for MoneyGram International are expected to grow by 107.69% in the coming year, from $0.13 to $0.27 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of MoneyGram International is -19.13, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of MoneyGram International is -19.13, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Business services, not elsewhere classified

Sub-IndustryData Processing & Outsourced Services

SectorFinance

Current SymbolNASDAQ:MGI

Previous Symbol

CUSIP60935Y20

CIK1273931

Webwww.corporate.moneygram.com

Phone214-999-7552

Employees2,252

Debt

Debt-to-Equity RatioN/A

Current Ratio0.04

Quick Ratio0.04

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio55.92

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.29 billion

Price / Sales0.41

Cash Flow$2.20 per share

Price / Cash Flow3.30

Book Value($6.84) per share

Price / Book-1.06

Profitability

EPS (Most Recent Fiscal Year)($0.06)

Net Income$-60,300,000.00

Net Margins-2.23%

Return on Equity-1.48%

Return on Assets0.14%

Miscellaneous

Outstanding Shares72,518,000

Market Cap$527.21 million

Next Earnings Date2/22/2021 (Estimated)

OptionableOptionable

$7.27

+0.24 (+3.41 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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MoneyGram International (NASDAQ:MGI) Frequently Asked Questions

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

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 295.1% and is now trading at $7.27.
View which stocks have been most impacted by COVID-19.

Is MoneyGram International a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MoneyGram International in the last twelve months. There are currently 1 sell rating, 2 hold ratings 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 MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than MoneyGram International?

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

When is MoneyGram International's next earnings date?

MoneyGram International is scheduled to release its next quarterly earnings announcement on Monday, February 22nd 2021.
View our earnings forecast for MoneyGram International.

How were MoneyGram International's earnings last quarter?

MoneyGram International, Inc. (NASDAQ:MGI) announced its quarterly earnings data on Thursday, October, 29th. The financial services provider reported $0.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.02 by $0.14. The financial services provider had revenue of $323.20 million for the quarter, compared to analysts' expectations of $308.40 million. MoneyGram International had a negative net margin of 2.23% and a negative return on equity of 1.48%.
View MoneyGram International's earnings history.

What price target have analysts set for MGI?

4 analysts have issued 1 year target prices for MoneyGram International's shares. Their forecasts range from $1.00 to $9.50. On average, they expect MoneyGram International's stock price to reach $5.25 in the next twelve months. This suggests that the stock has a possible downside of 27.8%.
View analysts' price targets for MoneyGram International or view Wall Street analyst' top-rated stocks.

Who are some of MoneyGram International's key competitors?

Some companies that are related to MoneyGram International include Visa (V), Mastercard (MA), Fidelity National Information Services (FIS), Fiserv (FISV), Automatic Data Processing (ADP), 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).
View all of MGI's 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).

Who are MoneyGram International's key executives?

MoneyGram International's management team includes the following people:

Mr. W. Alexander Holmes, Chairman & CEO (Age 45, Pay $2.65M)
Mr. Lawrence Angelilli, Exec. VP & CFO (Age 64, Pay $963.34k)
Ms. Kamila K. Chytil, Chief Operating Officer (Age 40, Pay $1.01M)
Mr. Andres Villareal, Chief Compliance Officer (Age 55, Pay $841.19k)
Mr. Grant A. Lines, Chief Revenue Officer (Age 55, Pay $1.05M)
Mr. Christopher H. Russell Jr., Chief Accounting Officer (Age 54)
Mr. Robert L. Villasenor, Gen. Counsel & Corp. Sec. (Age 49)
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 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 many different retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (0.05%). 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 major investors are buying MoneyGram International stock?

MGI stock was acquired by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC.
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.

What is MoneyGram International's stock price today?

One share of MGI stock can currently be purchased for approximately $7.27.

How big of a company is MoneyGram International?

MoneyGram International has a market capitalization of $527.21 million and generates $1.29 billion in revenue each year. The financial services provider earns $-60,300,000.00 in net income (profit) each year or ($0.06) on an earnings per share basis. MoneyGram International employs 2,252 workers across the globe.

What is MoneyGram International's official website?

The official website for MoneyGram International is www.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].com.

This page was last updated on 1/18/2021 by MarketBeat.com Staff

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