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MoneyGram International, Inc. (MGI)

Stock Price: $6.67 USD -0.17 (-2.49%)
Updated Feb 26, 2021 4:00 PM EST - Market closed
After-hours: $6.63 -0.04 (-0.60%) Feb 26, 7:59 PM
Market Cap 483.95M
Revenue (ttm) 1.22B
Net Income (ttm) -7.90M
Shares Out 77.80M
EPS (ttm) -0.10
PE Ratio n/a
Forward PE 49.51
Dividend $0.30
Dividend Yield 4.50%
Trading Day February 26
Last Price $6.67
Previous Close $6.84
Change ($) -0.17
Change (%) -2.49%
Day's Open 6.86
Day's Range 6.55 - 7.05
Day's Volume 2,586,729
52-Week Range 1.15 - 11.70

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Newsfile Corp - 10 hours ago

New York, New York--(Newsfile Corp. - February 27, 2021) - WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareh...

Business Wire - 1 day ago

LOS ANGELES--(BUSINESS WIRE)---- $MGI #MGI--INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against MoneyGram International, Inc.

Business Wire - 1 day ago

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of MoneyGram Internationa...

PRNewsWire - 2 days ago

DALLAS, Feb. 25, 2021 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, today announced the Company delivered 137% ...

PRNewsWire - 3 days ago

DALLAS, Feb. 24, 2021 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ: MGI) today announced the election of Alka Gupta, Co-Founder of and current Director at globaliD, Inc., a venture-ba...

Zacks Investment Research - 4 days ago

MoneyGram's (MGI) Q4 earnings reflect strong growth in digital business along with cost control that boosted margins.

The Motley Fool - 5 days ago

The financial payments company reports fourth-quarter results.

Zacks Investment Research - 5 days ago

MoneyGram (MGI) delivered earnings and revenue surprises of 50.00% and -1.00%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Benzinga - 5 days ago

Shares of MoneyGram (NASDAQ:MGI) rose 0.3% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 1100.00% year over year to $0.12, which bea...

PRNewsWire - 5 days ago

DALLAS, Feb. 22, 2021 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ: MGI) today reported financial results for its fourth quarter and full-year ended December 31, 2020. Fourth Quarter ...

Benzinga - 1 week ago

On Friday, February 19, MoneyGram Int (NASDAQ:MGI) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

The Motley Fool - 1 week ago

The jump may reflect investors' growing expectations that MoneyGram will report strong fourth-quarter earnings on Friday.

Zacks Investment Research - 2 weeks ago

MoneyGram (MGI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

The Motley Fool - 3 weeks ago

The money transfer stock rocketed more than 160% last year.

PYMNTS - 3 weeks ago

MoneyGram and Visa are collaborating to introduce a real-time peer-to-peer (P2P) payment solution to people in Vietnam.  “We've already hit the ground running in 2021, and this latest integrat...

Other stocks mentioned: V
PRNewsWire - 4 weeks ago

DALLAS, Jan. 29, 2021 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ: MGI) will announce its fourth quarter 2020 financial results on Friday, February 19, 2021. Alex Holmes, Chairman an...

Zacks Investment Research - 1 month ago

MoneyGram (MGI) partners with Checkout.com for facilitating real-time payments through Visa's debit card deposit service across Europe.

The Motley Fool - 1 month ago

The company is collaborating with Checkout.com and Visa on the effort.

The Motley Fool - 1 month ago

The digital payments specialist is expanding its service in Europe.

Zacks Investment Research - 1 month ago

MoneyGram's (MGI) digital business has been performing well throughout 2020 and the month of December being no exception.

PRNewsWire - 1 month ago

DALLAS, Jan. 5, 2021 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, today announced record online transactions d...

Zacks Investment Research - 1 month ago

MoneyGram International (MGI) has been struggling lately, but the selling pressure may be coming to an end soon.

Zacks Investment Research - 2 months ago

MoneyGram International (MGI) expands relationship with Canada Post for another five years for not only easing the money transfer process but also strengthening its foothold in Canada.

PRNewsWire - 2 months ago

DALLAS, Dec. 23, 2020 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, has issued a statement in light of the rece...

Zacks Investment Research - 2 months ago

MoneyGram (MGI) remains optimistic about customers sending higher remittances amid the 2020 holiday season, courtesy of the company's strong digital arm.

PRNewsWire - 2 months ago

DALLAS, Dec. 23, 2020 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, today announced a five-year extension to it...

PYMNTS - 2 months ago

MoneyGram International is putting its muscle behind U.S. regulators' proposal to tighten financial reporting required of financial institutions (FIs). The Wall Street Journal reported that th...

Seeking Alpha - 2 months ago

Empowered by the partnership with Ripple, cost reductions and currency gains, MoneyGram has significantly improved both the top line and bottom line for the third quarter. Digital transformati...

The Motley Fool - 2 months ago

Both of these stay-at-home stocks have great long-term potential

Other stocks mentioned: ZNGA
PRNewsWire - 2 months ago

DALLAS, Dec. 16, 2020 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, today announced the results of a customer s...

Zacks Investment Research - 2 months ago

MoneyGram (MGI) experiences consistent growth in its cross-border transactions and MoneyGram Online business.

InvestorPlace - 2 months ago

Ripple is likely to volatile in the short-run, but increased partnership with global financial institutions should add value to the cryptocurrency in the long-run The post With Ripple This Hot...

Other stocks mentioned: BLCN, BLOK, IWC
PRNewsWire - 2 months ago

DALLAS, Dec. 9, 2020 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, today announced the Company delivered 136% y...

InvestorPlace - 2 months ago

Ripple announced on Nov. 27 it was selling one-third of its stake in Moneygram it acquired in June 2019. Is Ripple a buy or sell on the news?

Zacks Investment Research - 3 months ago

MoneyGram (MGI) saw a big move last session, as its shares jumped nearly 8% on the day, amid huge volumes.

The Motley Fool - 3 months ago

The peer-to-peer payments company's digital transactions are booming.

Zacks Investment Research - 3 months ago

The strong performance of MoneyGram's (MGI) digital platform drives overall growth.

PRNewsWire - 3 months ago

DALLAS, Nov. 12, 2020 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, today announced the Company delivered 150% ...

Business Insider - 3 months ago

The legacy remittance firms posted promising performances in Q3 2020 despite the coronavirus pandemic, thanks in part to their booming digital remittance businesses. 

Other stocks mentioned: WU
Seeking Alpha - 3 months ago

MoneyGram International, Inc. (MGI) CEO Alex Holmes on Q3 2020 Results - Earnings Call Transcript

PYMNTS - 3 months ago

MoneyGram International Inc. reported on Friday (Oct. 30) as part of its earnings announcement that its online direct-to-consumer channel (MGO) saw 111 percent year-over-year transaction growt...

The Motley Fool - 3 months ago

The money transfer specialist got a huge boost this morning from investors who were pleased with its earnings release. Here's a quick look at why.

PRNewsWire - 3 months ago

DALLAS, Oct. 29, 2020 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ: MGI) today reported financial results for its third quarter ended September 30, 2020. Third Quarter 2020 Business H...

Zacks Investment Research - 3 months ago

MoneyGram (MGI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Zacks Investment Research - 4 months ago

MoneyGram (MGI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

The Motley Fool - 4 months ago

The stock is adding to a nearly 40% rise since the start of October.

Zacks Investment Research - 4 months ago

MoneyGram (MGI) to provide real-time money transfer service to PayMaya customers in the Philippines.

Business Wire - 4 months ago

HONG KONG--(BUSINESS WIRE)--LuLu Money and MoneyGram Expand Partnership in Hong Kong

Zacks Investment Research - 4 months ago

MoneyGram's (MGI) digital money transfer continues to witness solid growth, led by coronavirus-induced shift of money movement to online mode.

The Motley Fool - 4 months ago

The money transfer and payments company released a strong September business update.

About MGI

MoneyGram International, 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 primarily to unbanked and underbanked consumers through third-party agents, including retail chains, independent retailers, post offices, and other financial institutions; and digital solutions... [Read more...]

Industry
Credit Services
Founded
1940
CEO
W. Alexander Holmes
Employees
2,269
Stock Exchange
NASDAQ
Ticker Symbol
MGI
Full Company Profile

Financial Performance

In 2020, MGI's revenue was $1.22 billion, a decrease of -5.28% compared to the previous year's $1.29 billion. Losses were -$7.90 million, -86.90% less than in 2019.

Financial Statements

Analyst Forecasts

According to 7 analysts, the average rating for MGI stock is "Hold." The 12-month stock price forecast is 6.83, which is an increase of 2.40% from the latest price.

Price Target
$6.83
(2.40% upside)
Analyst Consensus: Hold