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.
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
Phone214-999-7552
Debt
Debt-to-Equity RatioN/A
Current Ratio0.06
Quick Ratio0.06
Price-To-Earnings
Trailing P/E Ratio2.14
Forward P/E Ratio3.92
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.60 billion
Price / Sales0.07
Cash Flow$3.3571 per share
Price / Cash Flow0.56
Book Value($7.91) per share
Price / Book-0.24
Profitability
EPS (Most Recent Fiscal Year)$0.88
Net Income$-29,800,000.00
Net Margins-4.24%
Return on Equity-10.35%
Return on Assets0.96%
Miscellaneous
Employees1,180
Outstanding Shares55,620,000
Market Cap$105.67 million
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) released its quarterly earnings results on Thursday, November, 8th. The financial services provider reported $0.24 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.16 by $0.08. The financial services provider had revenue of $347.20 million for the quarter, compared to analyst estimates of $378.73 million. Moneygram International had a negative return on equity of 10.35% and a negative net margin of 4.24%. The company's quarterly revenue was up 14.1% on a year-over-year basis. View Moneygram International's Earnings History.
When is Moneygram International's next earnings date?
What guidance has Moneygram International issued on next quarter's earnings?
Moneygram International updated its FY 2018 earnings guidance on Friday, November, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.442-1.442 billion, compared to the consensus revenue estimate of $1.52 billion.
What price target have analysts set for MGI?
3 brokers have issued 1-year price targets 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 twelve months. This suggests a possible upside of 126.1% 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 stories about MGI stock have trended somewhat positive recently, according to InfoTrie. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources. 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 news sentiment score of 0.8 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an effect on the company's share price in the next few days.
Are investors shorting Moneygram International?
Moneygram International saw a increase in short interest in November. As of November 30th, there was short interest totalling 1,059,439 shares, an increase of 64.4% from the November 15th total of 644,452 shares. Based on an average daily trading volume, of 543,287 shares, the days-to-cover ratio is currently 2.0 days. Approximately 3.7% of the company's stock are short sold. View Moneygram International's Current Options Chain.
Who are some of Moneygram International's key competitors?
Some companies that are related to Moneygram International include International Money Express (IMXI), NEWTEK Business Services (NEWT), TechTarget (TTGT), Rimini Street (RMNI), Limelight Networks (LLNW), Gravity (GRVY), China Customer Relations Centers (CCRC), Liquidity Services (LQDT), InnerWorkings (INWK), Points International (PCOM), Solbright Group (SBRT), Marchex (MCHX), Collectors Universe (CLCT), PFSweb (PFSW) and Steel Connect (STCN).
Who are Moneygram International's key executives?
Moneygram International's management team includes the folowing people:
- Mr. W. Alexander Holmes, Chairman & CEO (Age 43)
- Mr. Lawrence Angelilli, Exec. VP & CFO (Age 62)
- Mr. Francis Aaron Henry, Exec. VP, Gen. Counsel & Corp. Sec. (Age 52)
- Mr. Grant A. Lines, Global Chief Revenue Officer (Age 53)
- Ms. Kamila K. Chytil, Chief Global Operations Officer (Age 38)
Who are Moneygram International's major shareholders?
Moneygram International's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc (3.79%), Vanguard Group Inc. (3.79%), Dimensional Fund Advisors LP (2.48%), Gabelli Funds LLC (0.99%), FMR LLC (0.96%) and Man Group plc (0.90%). View Institutional Ownership Trends for Moneygram International.
Which institutional investors are selling Moneygram International stock?
MGI stock was sold by a variety of institutional investors in the last quarter, including Marshall Wace North America L.P., Vanguard Group Inc., Vanguard Group Inc, Man Group plc, Alambic Investment Management L.P., Havens Advisors LLC, Renaissance Technologies LLC and AQR Capital Management LLC. View Insider Buying and Selling for Moneygram International.
Which institutional investors are buying Moneygram International stock?
MGI stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Acadian Asset Management LLC, Martingale Asset Management L P, Teton Advisors Inc., Marshall Wace LLP, Thrivent Financial for Lutherans, Migdal Insurance & Financial Holdings Ltd. and Schroder Investment Management Group. 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 $1.88.
How big of a company is Moneygram International?
Moneygram International has a market capitalization of $105.67 million and generates $1.60 billion in revenue each year. The financial services provider earns $-29,800,000.00 in net income (profit) each year or $0.88 on an earnings per share basis. Moneygram International employs 1,180 workers across the globe.
What is Moneygram International's official website?
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)
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.
