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) posted its quarterly earnings data on Monday, May, 7th. The financial services provider reported $0.15 EPS for the quarter, missing the Zacks' consensus estimate of $0.26 by $0.11. The financial services provider earned $380 million during the quarter, compared to analyst estimates of $386.34 million. MoneyGram International had a negative return on equity of 11.96% and a negative net margin of 1.97%. MoneyGram International's revenue was down 1.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.26 earnings per share. 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 equities research analysts have issued 1 year price objectives for MoneyGram International's stock. Their predictions range from $17.39 to $18.00. On average, they expect MoneyGram International's stock price to reach $17.6950 in the next year. View Analyst Ratings for MoneyGram International.

MoneyGram International saw a drop in short interest in 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 days-to-cover ratio is presently 0.9 days. Approximately 2.0% of the company's stock are sold short.

Some companies that are related to MoneyGram International include Lending Club (LC), COMSCORE (SCOR), Cardtronics (CATM), CBIZ (CBZ), eXp World (EXPI), Viad (VVI), Radware (RDWR), Tabula Rasa HealthCare (TRHC), Qiwi (QIWI), Cass Information Systems (CASS), TechTarget (TTGT), Exela Technologies (XELA), QuinStreet (QNST), B. Riley Financial (RILY) and Limelight Networks (LLNW).

News coverage about MGI stock has trended somewhat positive on Sunday, according to Accern. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. MoneyGram International earned a coverage optimism score of 0.03 on Accern's scale. They also assigned news articles about the financial services provider an impact score of 44.96 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

MoneyGram International's stock is owned by a variety of of retail and institutional investors. Top institutional investors 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 $6.61.

MoneyGram International has a market capitalization of $367.09 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]