MoneyGram International, Inc. (MGI)
| Market Cap | 963.75M |
| Revenue (ttm) | 1.28B |
| Net Income (ttm) | -17.40M |
| Shares Out | 96.28M |
| EPS (ttm) | -0.19 |
| PE Ratio | n/a |
| Forward PE | 23.04 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 200,351 |
| Open | 10.06 |
| Previous Close | 10.00 |
| Day's Range | 9.98 - 10.06 |
| 52-Week Range | 5.06 - 12.36 |
| Beta | 1.31 |
| Analysts | Sell |
| Price Target | 13.52 (+35.1%) |
| Earnings Date | May 5, 2022 |
About MGI
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 de...
Financial Performance
In 2021, MGI's revenue was $1.28 billion, an increase of 5.46% compared to the previous year's $1.22 billion. Losses were -$37.90 million, 379.7% more than in 2020.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for MGI stock is "Sell." The 12-month stock price forecast is 13.52, which is an increase of 35.06% from the latest price.
News
MoneyGram Stockholders Overwhelmingly Approve Merger Transaction with Madison Dearborn Partners
Provides Update on Progress to Close Transaction DALLAS , May 23, 2022 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ: MGI) (the "Company"), a global leader in the evolution of digital P2P paymen...
MoneyGram (MGI) Down 3.1% Since Q1 Earnings & Sales Miss
MoneyGram International's (MGI) Money Transfer business continues to perform well on the back of its rising cross-border transactions.
MoneyGram (MGI) Misses Q1 Earnings and Revenue Estimates
MoneyGram (MGI) delivered earnings and revenue surprises of -18.18% and 2.75%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
MoneyGram International Reports First Quarter 2022 Results
Digital revenue reached an all-time high of $83 million reaching 40% of money transfer transactions at the end of the first quarter Digital transactions increased 33% over the prior year MoneyGram Onlin...
MoneyGram Responds to Recent Inflammatory and Misleading Statements by the CFPB and Its Director
DALLAS , May 2, 2022 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ: MGI), a global leader in the evolution of digital P2P payments, today responded to several inflammatory and misleading stateme...
SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates RCM, SAVE, ZWS, MGI
NEW YORK , April 26, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches ...
MoneyGram Gets Ready to Fight ‘Meritless Lawsuit'
Global money transfer company MoneyGram is getting ready to fight a civil lawsuit filed by the director of the Consumer Financial Protection Bureau (CFPB) and the New York Attorney General (NYAG) that a...
MoneyGram Responds to Baseless Litigation and Claims by the Consumer Financial Protection Bureau Director and the NY ...
MoneyGram is the Industry Leader in Compliance and Has Invested Heavily to Protect Consumers and Underprivileged Communities Against Harm Regulators' Unreasonable Demands Forced the Company to Litigate,...
CFPB and New York AG Sue MoneyGram
The federal Consumer Financial Protection Bureau (CFPB) and New York's attorney general filed a federal lawsuit against MoneyGram International, Inc. and MoneyGram Payment Systems, Inc., alleging the co...
MoneyGram sued by US, New York over remittance transfers
MoneyGram, one of the largest US providers of remittance transfers, was sued in Manhattan federal court by the Consumer Financial Protection Bureau and New York Attorney General Letitia James.
U.S. regulators sue MoneyGram for illegally holding up customer funds and ‘leaving families high and dry'
The Consumer Financial Protection Bureau and the Attorney General of New York sued payments company MoneyGram International Inc. MGI, -5.96% Thursday for allegedly breaking consumer protection laws that...
MoneyGram is sued by U.S., New York regulators over remittance transfers
MoneyGram International Inc was sued on Thursday by the U.S. Consumer Financial Protection Bureau and New York Attorney General Letitia James for violating a federal rule designed to make remittance tra...
SHAREHOLDER ALERT: Weiss Law Reminds VWTR, CCHWF, MGI, and TVTY Shareholders About Its Ongoing Investigations
NEW YORK , April 21, 2022 /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights ...
SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates LAX, ZWS, MGI, SAVE, HBP
NEW YORK , April 13, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches ...
MONEYGRAM INVESTOR ALERT By The Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of...
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of MoneyGram Internat...
SHAREHOLDER ALERT: Weiss Law Reminds HBP, EMCF, CCHWF, and MGI Shareholders About Its Ongoing Investigations
NEW YORK , April 5, 2022 /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights ...
MoneyGram to Pay $8.25M Fine in NYDFS Settlement
MoneyGram announced Wednesday (March 16) that it has reached a final agreement to settle a legacy enforcement matter with the New York Department of Financial Services, a company release said, and will...
MoneyGram Agrees to Settle Legacy Enforcement Matter with New York Department of Financial Services
DALLAS , March 16, 2022 /PRNewswire/ -- MoneyGram (NASDAQ: MGI) today announced it has reached a final agreement to settle its previously disclosed legacy enforcement matter with the New York Department...
MoneyGram Suspends Service in Russia
MoneyGram plans to quit offering its services in Russia over that country's ongoing invasion of Ukraine, a company statement said Friday (March 11). The statement noted that the company joins “many voic...
MoneyGram to Suspend Services in Russia
DALLAS, March 11, 2022 /PRNewswire/ -- MoneyGram International Inc. (NASDAQ: MGI) today issued the following statement: We have been closely monitoring the situation in Ukraine with great concern for al...
MoneyGram, Stellar Foundation Team with Techstars on a LatAm Blockchain Accelerator
The Stellar Development Foundation (SDF) and MoneyGram International Inc. (MG) have formed a partnership with Techstars, the global network that helps entrepreneurs succeed with investments of capital, ...
Stellar Development Foundation and MoneyGram Partner with Techstars to Spur Innovation on Blockchain-Based Cross-Bord...
SAN FRANCISCO and DALLAS, March 11, 2022 /PRNewswire/ -- Stellar Development Foundation and MoneyGram International, Inc. (NASDAQ: MGI) today announced a new partnership with Techstars, a global investm...
INVESTIGATION ALERT: Kaskela Law LLC Announces Stockholder Investigation of MoneyGram International, Inc. (MGI) Follo...
Philadelphia, Pennsylvania--(Newsfile Corp. - March 6, 2022) - Investor protection law firm Kaskela Law LLC announces that it is investigating MoneyGram International, Inc. ("MoneyGram") (NASDAQ: MGI) o...
MoneyGram (MGI) Q4 Earnings Beat on Strong Digital Business
MoneyGram International (MGI) expects digital transactions to grow through 2022. The diversification of product and service offerings is likely to be a major theme going ahead.
MoneyGram (MGI) Q4 Earnings Top Estimates
MoneyGram (MGI) delivered earnings and revenue surprises of 69.23% and 0.12%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?