NASDAQ:MGI - MoneyGram International Stock Price, Price Target & More

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

MoneyGram International Inc (NASDAQ:MGI) released its quarterly earnings results on Monday, May, 7th. The financial services provider reported $0.15 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.26 by $0.11. The financial services provider had revenue of $380 million for the quarter, compared to analysts' expectations of $386.34 million. MoneyGram International had a negative return on equity of 11.96% and a negative net margin of 1.97%. The company's quarterly revenue was down 1.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.26 EPS. View MoneyGram International's Earnings History.

MoneyGram International is scheduled to release their next quarterly earnings announcement on Monday, August, 6th 2018. View Earnings Estimates for MoneyGram International.

3 Wall Street analysts have issued 12 month price objectives for MoneyGram International's shares. Their predictions range from $17.39 to $18.00. On average, they expect MoneyGram International's share price to reach $17.6950 in the next year. View Analyst Ratings for MoneyGram International.

MoneyGram International saw a drop in short interest in the month of April. As of April 13th, there was short interest totalling 568,446 shares, a drop of 25.1% from the March 30th total of 759,280 shares. Based on an average daily trading volume, of 611,174 shares, the short-interest ratio is currently 0.9 days. Currently, 2.0% of the company's shares are short sold.

Some companies that are related to MoneyGram International include Emerald Expositions (EEX), Lending Club (LC), Capita (CTAGY), Cardtronics (CATM), comScore (SCOR), CBIZ (CBZ), Radware (RDWR), Viad (VVI), Tabula Rasa HealthCare (TRHC), eXp World (EXPI), Qiwi (QIWI), Cass Information Systems (CASS), Exela Technologies (XELA), TechTarget (TTGT) and QuinStreet (QNST).

Media coverage about MGI stock has trended somewhat positive on Monday, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. MoneyGram International earned a news impact score of 0.22 on Accern's scale. They also gave news headlines about the financial services provider an impact score of 45.67 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

MoneyGram International's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State of Wisconsin Investment Board (4.24%), BlackRock Inc. (3.68%), Millennium Management LLC (2.64%), Dimensional Fund Advisors LP (2.17%), NINE MASTS CAPITAL Ltd (0.61%) and Gabelli Funds LLC (0.43%). View Institutional Ownership Trends for MoneyGram International.

MGI stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, OMERS ADMINISTRATION Corp, JPMorgan Chase & Co., Candriam Luxembourg S.C.A., SG Americas Securities LLC, NINE MASTS CAPITAL Ltd, State of Wisconsin Investment Board and Alpine Global Management LLC. View Insider Buying and Selling for MoneyGram International.

MGI stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Dimensional Fund Advisors LP, Brookfield Asset Management Inc., Spark Investment Management LLC, Amplify Investments LLC, Engineers Gate Manager LP, Citadel Advisors LLC and NJ State Employees Deferred Compensation Plan. 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, Scottrade, Fidelity and Charles Schwab.

One share of MGI stock can currently be purchased for approximately $6.87.

MoneyGram International has a market capitalization of $384.31 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.

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]