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

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$2.20 -0.06 (-2.65 %)
(As of 01/18/2019 04:00 PM ET)
Previous Close$2.20
Today's Range$2.17 - $2.28
52-Week Range$1.59 - $13.23
Volume192,447 shs
Average Volume501,253 shs
Market Capitalization$125.69 million
P/E Ratio3.32
Dividend YieldN/A
Beta1.7
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$1.60 billion
Cash Flow$3.3333 per share
Book Value($7.91) per share

Profitability

Net Income$-29,800,000.00

Miscellaneous

Employees1,180
Market Cap$125.69 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) announced its quarterly earnings data on Thursday, November, 8th. The financial services provider reported $0.24 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.16 by $0.08. The financial services provider earned $347.20 million during the quarter, compared to analyst estimates of $378.73 million. Moneygram International had a negative net margin of 4.24% and a negative return on equity of 10.35%. The firm's 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?

Moneygram International is scheduled to release their next quarterly earnings announcement on Friday, March 15th 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 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 Wall Street analysts have issued 12 month price targets for Moneygram International's shares. Their predictions 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 93.2% 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?

News headlines about MGI stock have been trending somewhat positive on Saturday, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by reviewing 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 nearest to five being the most favorable. Moneygram International earned a coverage optimism score of 1.7 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days.

Who are some of Moneygram International's key competitors?

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 variety of of institutional and retail investors. Top institutional shareholders include Meeder Asset Management Inc. (0.08%). 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 Meeder Asset Management Inc.. 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 $2.20.

How big of a company is Moneygram International?

Moneygram International has a market capitalization of $125.69 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?

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:  301 (Vote Outperform)
Underperform Votes:  412 (Vote Underperform)
Total Votes:  713
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 1/19/2019 by MarketBeat.com Staff

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