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

Moneygram International trades on the NASDAQ under the ticker symbol "MGI."

Moneygram International Inc (NASDAQ:MGI) released its quarterly earnings data on Thursday, August, 1st. The financial services provider reported $0.12 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 4.65%. View Moneygram International's Earnings History.

Moneygram International is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Moneygram International.

Moneygram International will be holding an earnings conference call on Tuesday, February 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

2 brokerages have issued 1-year price targets for Moneygram International's stock. Their forecasts range from $3.50 to $3.50. On average, they anticipate Moneygram International's share price to reach $3.50 in the next twelve months. This suggests a possible upside of 32.1% from the stock's current price. View Analyst Price Targets for Moneygram International.

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

News coverage about MGI stock has been trending somewhat positive this week, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Moneygram International earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an effect on the stock's share price in the next few days. View News Stories for Moneygram International.

Moneygram International saw a increase in short interest in January. As of January 31st, there was short interest totalling 4,110,000 shares, an increase of 8.7% from the January 15th total of 3,780,000 shares. Based on an average daily volume of 1,920,000 shares, the days-to-cover ratio is presently 2.1 days. Currently, 7.9% of the company's shares are sold short. View Moneygram International's Current Options Chain.

Some companies that are related to Moneygram International include Visa (V), Mastercard (MA), Fidelity National Information Servcs (FIS), Fiserv (FISV), Automatic Data Processing (ADP), Global Payments (GPN), Worldpay (WP), Paychex (PAYX), FleetCor Technologies (FLT), Total System Services (TSS), Broadridge Financial Solutions (BR), Jack Henry & Associates (JKHY), The Western Union (WU), WEX (WEX) and Genpact (G).

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), Intuit (INTU), Micron Technology (MU), Alibaba Group (BABA), NIO (NIO), AbbVie (ABBV), Ford Motor (F), Pfizer (PFE) and Novavax (NVAX).

Moneygram International's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Beach Point Capital Management LP (3.04%), Great West Life Assurance Co. Can (1.98%), Emerald Mutual Fund Advisers Trust (1.03%), HarbourVest Partners LLC (0.91%), Athena Capital Advisors LLC (0.57%) and Spark Investment Management LLC (0.41%). 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 Beach Point Capital Management LP, Spark Investment Management LLC, Gabelli Funds LLC, CSat Investment Advisory L.P., Charles Schwab Investment Management Inc. and Barclays PLC. View Insider Buying and Selling for Moneygram International.

MGI stock was bought by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, HarbourVest Partners LLC, Athena Capital Advisors LLC, Credit Suisse AG, StepStone Group LP, Laurion Capital Management LP, Dynamic Technology Lab Private Ltd and AlpInvest Partners B.V.. View Insider Buying and Selling for 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.

One share of MGI stock can currently be purchased for approximately $2.65.

Moneygram International has a market capitalization of $164.46 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.

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

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]