NASDAQ:MGI - Moneygram International Stock Price, News, & Analysis

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$2.14 -0.11 (-4.89 %)
(As of 03/25/2019 03:46 AM ET)
Previous Close$2.14
Today's Range$2.11 - $2.24
52-Week Range$1.59 - $9.09
Volume318,155 shs
Average Volume370,959 shs
Market Capitalization$119.99 million
P/E Ratio4.98
Dividend YieldN/A
Beta1.71
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. The Financial Paper Products segment provides money orders to consumers through its agents and financial institutions; and official check outsourcing services for financial institutions. This segment sells its money orders under the MoneyGram brand and on a private label or co-branded basis with retail and financial institution. The company also offers digital solutions, such as moneygram.com, mobile solutions, account deposit, and kiosk-based services. MoneyGram International, Inc. was founded in 1940 and is based in Dallas, Texas.

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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$2.8919 per share
Book Value($8.14) per share

Profitability

Net Income$-24,000,000.00

Miscellaneous

Employees2,436
Market Cap$119.99 million
Next Earnings Date5/6/2019 (Estimated)
OptionableOptionable

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) posted its quarterly earnings results on Monday, February, 11th. The financial services provider reported $0.01 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.01) by $0.02. The financial services provider earned $345.80 million during the quarter, compared to analysts' expectations of $345.31 million. Moneygram International had a negative net margin of 1.66% and a negative return on equity of 6.98%. 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 Monday, May 6th 2019. View Earnings Estimates for Moneygram International.

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

Moneygram International issued an update on its FY 2019 earnings guidance on Monday, February, 11th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.39-1.419 billion, compared to the consensus revenue estimate of $1.43 billion.

What price target have analysts set for MGI?

3 analysts have issued twelve-month target prices for Moneygram International's stock. Their forecasts range from $2.00 to $6.50. On average, they expect Moneygram International's share price to reach $4.25 in the next year. This suggests a possible upside of 98.6% 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 hold rating for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Moneygram International.

Has Moneygram International been receiving favorable news coverage?

Media headlines about MGI stock have been trending neutral this week, according to InfoTrie. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Moneygram International earned a daily sentiment score of 0.2 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an effect on the company's share price in the near term.

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), Range Resources (RRC), Micron Technology (MU), Alibaba Group (BABA), General Electric (GE), Chesapeake Energy (CHK), Novavax (NVAX), Trevena (TRVN), Advanced Micro Devices (AMD) and Albemarle (ALB).

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)
  • Mr. Francis Aaron Henry, Exec. VP, Gen. Counsel & Corp. Sec. (Age 53)
  • Mr. Grant A. Lines, Global Chief Revenue Officer (Age 54)
  • Ms. Kamila K. Chytil, Chief Global Operations Officer (Age 39)

Who are Moneygram International's major shareholders?

Moneygram International's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (3.97%), Beach Point Capital Management LP (3.30%), D. E. Shaw & Co. Inc. (2.29%), Dimensional Fund Advisors LP (2.12%), Dimensional Fund Advisors LP (2.12%) and Acadian Asset Management LLC (1.36%). 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 D. E. Shaw & Co. Inc., Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, GABELLI & Co INVESTMENT ADVISERS INC., Connor Clark & Lunn Investment Management Ltd., Citigroup Inc., Bank of New York Mellon Corp and Geode Capital Management LLC. 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 Beach Point Capital Management LP, Acadian Asset Management LLC, Alambic Investment Management L.P., Teton Advisors Inc., Two Sigma Investments LP, ETF Managers Group LLC, Meeder Asset Management Inc. and Gamco Investors INC. ET AL. 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, Scottrade, Fidelity and Charles Schwab.

What is Moneygram International's stock price today?

One share of MGI stock can currently be purchased for approximately $2.14.

How big of a company is Moneygram International?

Moneygram International has a market capitalization of $119.99 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.

What is Moneygram International's official website?

The official website for Moneygram International is http://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]


MarketBeat Community Rating for Moneygram International (NASDAQ MGI)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  311 (Vote Outperform)
Underperform Votes:  423 (Vote Underperform)
Total Votes:  734
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 3/25/2019 by MarketBeat.com Staff

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