NASDAQ:MGIMoneygram International Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Moneygram International Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $3.63 -0.03 (-0.82 %) (As of 08/13/2020 10:54 AM ET) Add Compare Share Today's Range$3.59Now: $3.63▼$4.0050-Day Range$2.91MA: $3.24▼$3.7952-Week Range$1.15Now: $3.63▼$6.70Volume17,790 shsAverage Volume2.43 million shsMarket Capitalization$230.74 millionP/E RatioN/ADividend YieldN/ABeta2.58 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 0.9 Analyst's Opinion Consensus RatingMoneygram International has received a consensus rating of Hold. The company's average rating score is 1.75, and is based on no buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $1.00, Moneygram International has a potential downside of 73.5% from its current price of $3.77.Amount of Analyst CoverageMoneygram International has only been the subject of 1 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesMoneygram International has received 382 “outperform” votes. (Add your “outperform” vote.)Underperform VotesMoneygram International has received 512 “underperform” votes. (Add your “underperform” vote.)Community SentimentMoneygram International has received 57.27% “underperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldMoneygram International does not currently pay a dividend.Dividend GrowthMoneygram International does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Moneygram International insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.40% of the stock of Moneygram International is held by insiders.Percentage Held by InstitutionsOnly 26.34% of the stock of Moneygram International is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Moneygram International are expected to grow in the coming year, from ($0.02) to $0.23 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Moneygram International is -6.28, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Moneygram International is -6.28, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next Analyst Opinion: 0.9Community Rank: 2.1Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™0.72 out of 5 stars 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 CIK1273931 Webwww.corporate.moneygram.com Phone214-999-7552Debt Debt-to-Equity RatioN/A Current Ratio0.03 Quick Ratio0.03Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$1.29 billion Price / Sales0.18 Cash Flow$2.10 per share Price / Cash Flow1.73 Book Value($6.84) per share Price / Book-0.53Profitability EPS (Most Recent Fiscal Year)($0.06) Net Income$-60,300,000.00 Net Margins-3.75% Return on EquityN/A Return on Assets-0.25%Miscellaneous Employees2,252 Outstanding Shares63,564,000Market Cap$230.74 million Next Earnings Date10/29/2020 (Estimated) OptionableOptionable $3.63 -0.03 (-0.82 %) (As of 08/13/2020 10:54 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive MGI News and Ratings via Email Sign-up to receive the latest news and ratings for MGI and its competitors with MarketBeat's FREE daily newsletter. Moneygram International (NASDAQ:MGI) Frequently Asked Questions How has Moneygram International's stock been impacted by COVID-19? Moneygram International's stock was trading at $1.84 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MGI stock has increased by 97.3% and is now trading at $3.63. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Moneygram International? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Moneygram International in the last year. There are currently 1 sell rating and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Moneygram International. When is Moneygram International's next earnings date? Moneygram International is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020. View our earnings forecast for Moneygram International. How were Moneygram International's earnings last quarter? Moneygram International Inc (NASDAQ:MGI) posted its quarterly earnings results on Thursday, July, 30th. The financial services provider reported $0.01 EPS for the quarter, beating analysts' consensus estimates of ($0.13) by $0.14. The financial services provider earned $279.80 million during the quarter. View Moneygram International's earnings history. What guidance has Moneygram International issued on next quarter's earnings? Moneygram International issued an update on its second quarter 2020 Pre-Market earnings guidance on Wednesday, June, 17th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $275-275 million, compared to the consensus revenue estimate of $249.85 million. What price target have analysts set for MGI? 4 Wall Street analysts have issued 12 month price objectives for Moneygram International's stock. Their forecasts range from $1.00 to $1.00. On average, they expect Moneygram International's stock price to reach $1.00 in the next year. This suggests that the stock has a possible downside of 72.5%. View analysts' price targets for Moneygram International. What are Wall Street analysts saying about Moneygram International stock? Here are some recent quotes from research analysts about Moneygram International stock: 1. According to Zacks Investment Research, "Shares of MoneyGram have outperformed its industry in a year. The company’s digital platform continues to be driven by market expansion, high customer retention rates, and strong demand for the MoneyGram app. Its steady investments in digital platform, mobile and online businesses are likely to help it gain market share. The company is focusing on diversifying revenue mix geographically to align with the global remittance market growth rate and pursue higher margin corridors. But MoneyGram’s top line has been impacted by a deliberate strategy of increasing compliance control and imposing limits on certain transactions. The company also faces high compliance costs, which can weigh on margins. Its high leverage does not bode well at a time when the company’s revenues are under pressure. Weak ROE remains a concern." (7/24/2020) 2. Northland Securities analysts commented, "We note Groupon and RetailMeNot as a couple examples in the affiliate program." (9/5/2019) Has Moneygram International been receiving favorable news coverage? News stories about MGI stock have trended extremely negative this week, according to InfoTrie Sentiment. The research group ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Moneygram International earned a coverage optimism score of -4.1 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the near term. View the latest news about Moneygram International. Are investors shorting Moneygram International? Moneygram International saw a increase in short interest in June. As of June 30th, there was short interest totaling 3,860,000 shares, an increase of 32.2% from the June 15th total of 2,920,000 shares. Based on an average trading volume of 3,120,000 shares, the short-interest ratio is currently 1.2 days. Approximately 7.7% of the shares of the company are sold short. View Moneygram International's Short Interest. Who are some of Moneygram International's key competitors? Some companies that are related to Moneygram International include Visa (V), Mastercard (MA), Fidelity National Information Servcs (FIS), Fiserv (FISV), Automatic Data Processing (ADP), Global Payments (GPN), Paychex (PAYX), FleetCor Technologies (FLT), Broadridge Financial Solutions (BR), Jack Henry & Associates (JKHY), The Western Union (WU), Genpact (G), WEX (WEX), Euronet Worldwide (EEFT) and Corelogic (CLGX). View all competitors. 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 Chesapeake Energy (CHKAQ), Chesapeake Energy (CHKAQ), Ford Motor (F), The Western Union (WU), AbbVie (ABBV), Advanced Micro Devices (AMD), Coty (COTY), NIO (NIO), Alibaba Group (BABA) and General Electric (GE). Who are Moneygram International's key executives? Moneygram International's management team includes the following people: Mr. W. Alexander Holmes, Chairman & CEO (Age 44)Mr. Lawrence Angelilli, Exec. VP & CFO (Age 63)Ms. Kamila K. Chytil, Chief Global Operations Officer (Age 39)Mr. Francis Aaron Henry, Exec. VP, Gen. Counsel & Corp. Sec. (Age 53)Mr. Grant A. Lines, Chief Revenue Officer (Age 54) 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 shareholders include Lindbrook Capital LLC (0.37%), Bank of New York Mellon Corp (0.35%), California Public Employees Retirement System (0.20%), UBS Group AG (0.14%), New York State Common Retirement Fund (0.09%) and Virtu Financial LLC (0.09%). Company insiders that own Moneygram International stock include Ripple Labs Inc and Thomas H Lee Advisors, Llc. View institutional ownership trends for Moneygram International. Which major investors are selling Moneygram International stock? MGI stock was sold by a variety of institutional investors in the last quarter, including Lindbrook Capital LLC, and Quilter Plc. View insider buying and selling activity 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 Bank of New York Mellon Corp, California Public Employees Retirement System, New York State Common Retirement Fund, Virtu Financial LLC, American International Group Inc., SG Americas Securities LLC, CAPROCK Group Inc., and UBS Group AG. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Moneygram International's stock price today? One share of MGI stock can currently be purchased for approximately $3.63. How big of a company is Moneygram International? Moneygram International has a market capitalization of $230.74 million and generates $1.29 billion in revenue each year. The financial services provider earns $-60,300,000.00 in net income (profit) each year or ($0.06) on an earnings per share basis. Moneygram International employs 2,252 workers across the globe. What is Moneygram International's official website? The official website for Moneygram International is 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] This page was last updated on 8/13/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
