MoneyGram International, Inc. (MGI)
| 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 |
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...
LOS ANGELES--(BUSINESS WIRE)---- $MGI #MGI--INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against MoneyGram International, Inc.
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...
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% ...
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...
MoneyGram's (MGI) Q4 earnings reflect strong growth in digital business along with cost control that boosted margins.
The financial payments company reports fourth-quarter results.
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?
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...
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 ...
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 jump may reflect investors' growing expectations that MoneyGram will report strong fourth-quarter earnings on Friday.
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.
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...
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...
MoneyGram (MGI) partners with Checkout.com for facilitating real-time payments through Visa's debit card deposit service across Europe.
The company is collaborating with Checkout.com and Visa on the effort.
MoneyGram's (MGI) digital business has been performing well throughout 2020 and the month of December being no exception.
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...
MoneyGram International (MGI) has been struggling lately, but the selling pressure may be coming to an end soon.
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.
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...
MoneyGram (MGI) remains optimistic about customers sending higher remittances amid the 2020 holiday season, courtesy of the company's strong digital arm.
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...
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...
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...
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...
MoneyGram (MGI) experiences consistent growth in its cross-border transactions and MoneyGram Online business.
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...
MoneyGram Mobile App Demand and Customer Retention Powers Digital P2P Transaction Growth in November
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...
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?
MoneyGram (MGI) saw a big move last session, as its shares jumped nearly 8% on the day, amid huge volumes.
The peer-to-peer payments company's digital transactions are booming.
The strong performance of MoneyGram's (MGI) digital platform drives overall growth.
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% ...
The legacy remittance firms posted promising performances in Q3 2020 despite the coronavirus pandemic, thanks in part to their booming digital remittance businesses.
MoneyGram International, Inc. (MGI) CEO Alex Holmes on Q3 2020 Results - Earnings Call Transcript
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 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.
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...
MoneyGram (MGI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
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 stock is adding to a nearly 40% rise since the start of October.
MoneyGram (MGI) to provide real-time money transfer service to PayMaya customers in the Philippines.
HONG KONG--(BUSINESS WIRE)--LuLu Money and MoneyGram Expand Partnership in Hong Kong
MoneyGram's (MGI) digital money transfer continues to witness solid growth, led by coronavirus-induced shift of money movement to online mode.
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 |
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.
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.