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How You Should Be Choosing Your Stocks (Ad)pixel
Saudi Arabia's triumphant week reclaims the West's embrace
Germany secures more gas shipments as Scholz visits Gulf
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Poverty, inflation, fear: Egypt's economy pushed to brink
Labour conference starts with focus on 'immoral' tax cuts
One Stock Doubles Your Money, During Crisis? (Ad)
Poverty and inflation: Egypt's economy hit by global turmoil
German leader continues Gulf tour with stops in UAE, Qatar
S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Get 1TB of Top-Rated Cloud Storage for Life for Just $112
How You Should Be Choosing Your Stocks (Ad)pixel
Saudi Arabia's triumphant week reclaims the West's embrace
Germany secures more gas shipments as Scholz visits Gulf
How You Should Be Choosing Your Stocks (Ad)pixel
Poverty, inflation, fear: Egypt's economy pushed to brink
Labour conference starts with focus on 'immoral' tax cuts
One Stock Doubles Your Money, During Crisis? (Ad)
Poverty and inflation: Egypt's economy hit by global turmoil
German leader continues Gulf tour with stops in UAE, Qatar
S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Get 1TB of Top-Rated Cloud Storage for Life for Just $112
How You Should Be Choosing Your Stocks (Ad)pixel
Saudi Arabia's triumphant week reclaims the West's embrace
Germany secures more gas shipments as Scholz visits Gulf
How You Should Be Choosing Your Stocks (Ad)pixel
Poverty, inflation, fear: Egypt's economy pushed to brink
Labour conference starts with focus on 'immoral' tax cuts
One Stock Doubles Your Money, During Crisis? (Ad)
Poverty and inflation: Egypt's economy hit by global turmoil
German leader continues Gulf tour with stops in UAE, Qatar
NASDAQ:MGI

MoneyGram International - MGI Stock Forecast, Price & News

$10.39
-0.07 (-0.67%)
(As of 09/23/2022 12:00 AM ET)
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Compare
Today's Range
$10.34
$10.42
50-Day Range
$10.13
$10.48
52-Week Range
$5.06
$10.87
Volume
885,656 shs
Average Volume
447,402 shs
Market Capitalization
$1.00 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.00

MoneyGram International MarketRank™ Forecast

Analyst Rating
Hold
1.67 Rating Score
Upside/​Downside
42.3% Downside
$6.00 Price Target
Short Interest
Bearish
7.95% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.23
Upright™ Environmental Score
News Sentiment
0.31mentions of MoneyGram International in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
56.67%
From $0.30 to $0.47 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.28 out of 5 stars

Finance Sector

871st out of 887 stocks

Business Services, Not Elsewhere Classified Industry

99th out of 100 stocks

MGI stock logo

About MoneyGram International (NASDAQ:MGI) Stock

MoneyGram International, Inc., together with its subsidiaries, provides cross-border peer-to-peer payments and 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 through third-party agents, including retail chains, independent retailers, post offices, banks, and other financial institutions; and digital solutions, such as moneygram.com, account deposit, and kiosk-based services, as well as mobile app solutions. The Financial Paper Products segment provides money orders to consumers through its agents and financial institutions under the MoneyGram brand and on a private label or co-branded basis with various agents and financial institutions; and official check outsourcing services for banks and credit unions. MoneyGram International, Inc. was incorporated in 2003 and is based in Dallas, Texas.

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MGI Stock News Headlines

MoneyGram International, Inc. (MGI)
MGI MoneyGram International, Inc.
MoneyGram International Inc
MoneyGram International Inc Stock News
MoneyGram names new CFO and COO from internal ranks
Viad Corp Reports Results for the 2022 Second Quarter
See More Headlines
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MGI Company Calendar

Last Earnings
10/29/2021
Today
9/25/2022
Next Earnings (Estimated)
10/27/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
Data Processing & Outsourced Services
Sector
Finance
Current Symbol
NASDAQ:MGI
CUSIP
60935Y20
Fax
N/A
Employees
3,072
Year Founded
1940

Price Target and Rating

Average Stock Price Forecast
$6.00
High Stock Price Forecast
$6.00
Low Stock Price Forecast
$6.00
Forecasted Upside/Downside
-42.3%
Consensus Rating
Hold
Rating Score (0-4)
1.67
Research Coverage
3 Analysts

Profitability

Net Income
$-37,900,000.00
Pretax Margin
-0.55%

Debt

Sales & Book Value

Annual Sales
$1.28 billion
Cash Flow
$1.58 per share
Book Value
($2.02) per share

Miscellaneous

Free Float
92,883,000
Market Cap
$1.00 billion
Optionable
Optionable
Beta
1.16

Social Links


Key Executives

  • Mr. W. Alexander HolmesMr. W. Alexander Holmes (Age 47)
    Chairman & CEO
    Comp: $3.25M
  • Mr. Lawrence Angelilli (Age 66)
    Exec. VP & CFO
    Comp: $1.5M
  • Mr. Robert L. VillasenorMr. Robert L. Villasenor (Age 51)
    Chief Admin. Officer, Gen. Counsel & Corp. Sec.
    Comp: $1.14M
  • Mr. Andres VillarealMr. Andres Villareal (Age 57)
    Chief Compliance Officer
    Comp: $1.35M
  • Mr. Grant A. LinesMr. Grant A. Lines (Age 57)
    Chief Revenue Officer
    Comp: $1.5M
  • Ms. Hilary Jackson (Age 41)
    Chief Operating Officer
  • Ms. Anna Greenwald (Age 44)
    Chief Operating Officer
  • Mr. Christopher H. Russell Jr. (Age 56)
    Chief Accounting Officer
  • Mr. Brian Johnson C.F.A.
    CVA, Head of Corp. Fin. & Global Treasurer
  • Mr. Stephen Reiff
    Head of Global Strategy & Corp. Communications













MGI Stock - Frequently Asked Questions

Should I buy or sell MoneyGram International stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MoneyGram International in the last year. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" MGI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MGI, but not buy additional shares or sell existing shares.
View MGI analyst ratings
or view top-rated stocks.

What is MoneyGram International's stock price forecast for 2022?

3 brokerages have issued 1 year price objectives for MoneyGram International's shares. Their MGI share price forecasts range from $6.00 to $6.00. On average, they predict the company's share price to reach $6.00 in the next twelve months. This suggests that the stock has a possible downside of 42.3%.
View analysts price targets for MGI
or view top-rated stocks among Wall Street analysts.

How have MGI shares performed in 2022?

MoneyGram International's stock was trading at $7.89 at the beginning of 2022. Since then, MGI stock has increased by 31.7% and is now trading at $10.39.
View the best growth stocks for 2022 here
.

When is MoneyGram International's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our MGI earnings forecast
.

How were MoneyGram International's earnings last quarter?

MoneyGram International, Inc. (NASDAQ:MGI) announced its earnings results on Friday, October, 29th. The financial services provider reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.05. The financial services provider earned $319.60 million during the quarter, compared to the consensus estimate of $330.31 million. MoneyGram International had a negative net margin of 0.25% and a negative trailing twelve-month return on equity of 22.87%. During the same period in the previous year, the company earned $0.15 EPS.

What is Alex Holmes' approval rating as MoneyGram International's CEO?

140 employees have rated MoneyGram International Chief Executive Officer Alex Holmes on Glassdoor.com. Alex Holmes has an approval rating of 65% among the company's employees.

What other stocks do shareholders of MoneyGram International own?

Based on aggregate information from My MarketBeat watchlists, some companies that other MoneyGram International investors own include Western Union (WU), Advanced Micro Devices (AMD), Ford Motor (F), Pfizer (PFE), Coty (COTY), NIO (NIO), AbbVie (ABBV), Sorrento Therapeutics (SRNE), Alibaba Group (BABA) and General Electric (GE).

What is MoneyGram International's stock symbol?

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

Who are MoneyGram International's major shareholders?

MoneyGram International's stock is owned by many different institutional and retail investors. Top institutional investors include Pentwater Capital Management LP (6.08%), Westchester Capital Management LLC (2.91%), Goldman Sachs Group Inc. (2.02%), State Street Corp (1.91%), Healthcare of Ontario Pension Plan Trust Fund (1.51%) and Alpine Associates Management Inc. (1.25%). Insiders that own company stock include Adrianna E Greenwald, Andres Villareal, Francisco Lorca, Grant A Lines, Peggy Vaughan, Ripple Labs Inc, Robert L Villasenor, Thomas H Lee Advisors, Llc, W Alexander Holmes and W Bruce Turner.
View institutional ownership trends
.

How do I buy shares of MoneyGram International?

Shares of MGI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is MoneyGram International's stock price today?

One share of MGI stock can currently be purchased for approximately $10.39.

How much money does MoneyGram International make?

MoneyGram International (NASDAQ:MGI) has a market capitalization of $1.00 billion and generates $1.28 billion in revenue each year. The financial services provider earns $-37,900,000.00 in net income (profit) each year or ($0.04) on an earnings per share basis.

How many employees does MoneyGram International have?

The company employs 3,072 workers across the globe.

Does MoneyGram International have any subsidiaries?
The following companies are subsidiares of MoneyGram International: Ferrum Trust, MIL Overseas Limited, MIL Overseas Nigeria Limited, MONEYGRAM TURKEY ÖDEME HÝZMETLERÝ ANONÝM ÞÝRKETÝ, MPS France S.A., MPSG Holdings Limited, MPSG International Limited, MPSG Limited, MTI Money Transfer Limited, Money Globe Payment Institution S.A., MoneyGram Consulting (Shanghai) Co. Ltd., MoneyGram India Private Limited, MoneyGram International B.V., MoneyGram International Holdings Limited, MoneyGram International Limited, MoneyGram International Payment Systems Inc., MoneyGram International Pte. Ltd., MoneyGram International SAS, MoneyGram International SPRL, MoneyGram Mexico S.A. de C.V., MoneyGram Overseas (Pty) Limited, MoneyGram Payment Services GmbH, MoneyGram Payment Systems Belgium N.V., MoneyGram Payment Systems Brasil LTDA, MoneyGram Payment Systems Canada Inc., MoneyGram Payment Systems Greece S.A., MoneyGram Payment Systems Hong Kong Limited, MoneyGram Payment Systems Inc., MoneyGram Payment Systems Ireland Limited, MoneyGram Payment Systems Italy S.r.l., MoneyGram Payment Systems Malaysia Sdn. Bhd, MoneyGram Payment Systems Netherlands B.V., MoneyGram Payment Systems Nevada LLC, MoneyGram Payment Systems Poland sp. Zoo, MoneyGram Payment Systems South Africa Proprietary Limited, MoneyGram Payment Systems Spain S.A., MoneyGram Payment Systems Worldwide Inc., MoneyGram of New York LLC, Nexxo Financial, PT MoneyGram Payment Systems Indonesia, and Travelers Express Company (P.R.) Inc..
Read More
How can I contact MoneyGram International?

MoneyGram International's mailing address is 2828 NORTH HARWOOD STREET 15TH FLOOR, DALLAS TX, 75201. The official website for the company is www.corporate.moneygram.com. The financial services provider can be reached via phone at (214) 999-7552 or via email at ir@moneygram.com.

This page (NASDAQ:MGI) was last updated on 9/25/2022 by MarketBeat.com Staff

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