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MoneyGram International, Inc.NasdaqGS:MGI Stock Report

Market Cap US$1.1b
Share Price
n/a
My Fair Value
n/a
1Y8.7%
7D0.09%
1D
Portfolio Value
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MoneyGram International, Inc.

NasdaqGS:MGI Stock Report

Market Cap: US$1.1b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

MoneyGram International (MGI) Stock Overview

MoneyGram International, Inc., together with its subsidiaries, provides cross-border peer-to-peer payments and money transfer services in the United States and internationally. More details

MGI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance3/6
Financial Health0/6
Dividends0/6

MGI Community Fair Values

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MoneyGram International, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for MoneyGram International
Historical stock prices
Current Share PriceUS$10.99
52 Week HighUS$11.00
52 Week LowUS$8.59
Beta0.99
1 Month Change0.55%
3 Month Change1.29%
1 Year Change8.70%
3 Year Change230.03%
5 Year Change60.44%
Change since IPO-92.96%

Recent News & Updates

Recent updates

Seeking Alpha Oct 04

MoneyGram partners with Jingle Pay to enable global money transfers

MoneyGram (NASDAQ:MGI) has teamed up with United Arab Emirates-located fintech startup Jingle Pay to allow consumers in the Middle Eastern country to send money globally via Jingle Pay's app. At the same time, MoneyGram (MGI) has taken a minority equity stake of 12% in Jingle Pay. "As the startup [Jingle Pay] continues to grow, MoneyGram's direct ownership in the company will strengthen our leading position in the Middle East and further accelerate our strategic goals to lead the evolution of digital payments," said MoneyGram CEO and Chairman Alex Holmes.  Jingle Pay is targeting expatriates in the UAE, totaling nearly 9M, and providing consumers with access to its multi-currency card and money transfer services. The move will extend Jingle Pay's network of global remittance destinations. Previously, (Sep. 20) MoneyGram expands partnership with UAE's e& international.
Seeking Alpha Sep 20

MoneyGram expands partnership with UAE's e& international

MoneyGram International (NASDAQ:MGI) said Tuesday it expanded its strategic partnership with e& international from UAE telecom operator e& (formerly called Etisalat). The expansion enables e& international's customer base of ~160M to use the e& money mobile wallet to send money around the world in near real-time. The service is now live throughout Saudi Arabia, the UAE and Afghanistan. It is expected to launch in Egypt, Pakistan and several other markets in Africa in the next few months.
Seeking Alpha Aug 04

MoneyGram picks CFO & COO from within internal officers

MoneyGram (NASDAQ:MGI) announced that Brian Johnson, who currently serves as Head of Corporate Finance and Global Treasurer, has been named CFO, effective Sep.1, 2022. He succeeds Larry Angelilli, who has been appointed Executive Vice Chairman of MoneyGram, effective on the same date. The company also announced that Anna Greenwald, who currently serves as Chief Readiness Officer, has been appointed  COO, effective immediately.
Seeking Alpha Jul 06

Wyre integrates with MoneyGram-powered crypto-to-cash service

Wyre, a cryptocurrency infrastructure provider, has integrated with a crypto-to-cash service powered by MoneyGram (NASDAQ:MGI) on the Stellar network (XLM-USD). Recall in June when MoneyGram (MGI) rolled out a crypto-to-cash service in a move that allows digital wallet users in certain countries to send stablecoin USDC (USDC-USD) payments to recipients who can withdraw as cash. Through the integration, Wyre will enable its over 15M end users with the ability to transition between cash and crypto. They can use fiat currencies like the U.S. dollar to load digital currencies such as bitcoin (BTC-USD) into their digital wallet, or cash-out their digital currencies. Moreover,  "this new integration with the MoneyGram service on Stellar creates a seamless and accessible experience for our users to make the most out of their assets in the least amount of steps," said Wyre CEO and Co-Founder Ioannis Giannaros. In October 2021, MoneyGram and Stellar Development Foundation, which supports the development and growth of Stellar (XLM-USD), to utilize blockchain technology.
Seeking Alpha Jun 14

Golden Age Of Merger Arb: MoneyGram

Time to put money to work. Merger arb spreads are wide. Here’s what you can buy now.
Seeking Alpha Feb 16

MoneyGram International: The Jack Ryan Memo

Yesterday, Madison Dearborn Partners announced a deal to acquire Money Gram International for $11 per share. Leading up to the finalization of this deal, there were multiple Reuters articles suggesting that buyout was in motion. Remarkably, despite the January 25th article, the market was incorrectly skeptical. Incidentally, I wrote the Jack Ryan memo, on Seeking Alpha's free site, back on November 4, 2021, when MGI shares were trading at $5.20. That is a 100%+ return.
Analysis Article Dec 29

Returns On Capital At MoneyGram International (NASDAQ:MGI) Have Hit The Brakes

What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
Seeking Alpha Nov 04

MoneyGram International: Only A Matter Of Time Before An Activist Gets Involved

In July 2021, both the Financial Times and Bloomberg reported that private equity rockstar, Advent International, was seriously considering bidding for MoneyGram. On the July 30, 2021 Q2 FY 2021 conference call, CEO, Alex Holmes, dashed the market hopes, as he signaled 'we won't go quietly into the night and sellout' speech. Despite resolving the DPA agreement, refinancing its debt at attractive rates, and spitting off strong free cash flow, the market is giving Alex Holmes a 'no confidence vote'. As a contrarian and value investor, it doesn't take an overly active imagination to work out an activist hedge fund could get involved here.
Analysis Article Sep 22

Returns Are Gaining Momentum At MoneyGram International (NASDAQ:MGI)

There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
Analysis Article May 25

MoneyGram International (NASDAQ:MGI) Shareholders Will Want The ROCE Trajectory To Continue

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Apr 29

Increases to MoneyGram International, Inc.'s (NASDAQ:MGI) CEO Compensation Might Cool off for now

In the past three years, the share price of MoneyGram International, Inc. ( NASDAQ:MGI ) has struggled to generate...
Analysis Article Apr 05

Breakeven On The Horizon For MoneyGram International, Inc. (NASDAQ:MGI)

MoneyGram International, Inc. ( NASDAQ:MGI ) is possibly approaching a major achievement in its business, so we would...
Analysis Article Mar 08

The MoneyGram International (NASDAQ:MGI) Share Price Has Gained 213%, So Why Not Pay It Some Attention?

It might be of some concern to shareholders to see the MoneyGram International, Inc. ( NASDAQ:MGI ) share price down...
Analysis Article Feb 08

What Is The Ownership Structure Like For MoneyGram International, Inc. (NASDAQ:MGI)?

Every investor in MoneyGram International, Inc. ( NASDAQ:MGI ) should be aware of the most powerful shareholder groups...
Analysis Article Jan 11

What We Make Of MoneyGram International's (NASDAQ:MGI) Returns On Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...
Analysis Article Dec 14

When Will MoneyGram International, Inc. (NASDAQ:MGI) Breakeven?

MoneyGram International, Inc. ( NASDAQ:MGI ) is possibly approaching a major achievement in its business, so we would...

Shareholder Returns

MGIUS Diversified FinancialUS Market
7D0.09%1.5%1.7%
1Y8.7%-6.4%25.1%

Return vs Industry: MGI exceeded the US Diversified Financial industry which returned 1.3% over the past year.

Return vs Market: MGI exceeded the US Market which returned 2.4% over the past year.

Price Volatility

Is MGI's price volatile compared to industry and market?
MGI volatility
MGI Average Weekly Movement5.0%
Diversified Financial Industry Average Movement5.8%
Market Average Movement7.2%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: MGI has not had significant price volatility in the past 3 months.

Volatility Over Time: MGI's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19403,186Alex Holmescorporate.moneygram.com

MoneyGram International, Inc., together with its subsidiaries, provides cross-border peer-to-peer payments and money transfer services in the United States and internationally. It 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.

MoneyGram International, Inc. Fundamentals Summary

How do MoneyGram International's earnings and revenue compare to its market cap?
MGI fundamental statistics
Market capUS$1.07b
Earnings (TTM)US$34.10m
Revenue (TTM)US$1.34b
31.5x
P/E Ratio
0.8x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MGI income statement (TTM)
RevenueUS$1.34b
Cost of RevenueUS$706.70m
Gross ProfitUS$633.30m
Other ExpensesUS$599.20m
EarningsUS$34.10m

Last Reported Earnings

Mar 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.35
Gross Margin47.26%
Net Profit Margin2.54%
Debt/Equity Ratio-547.4%

How did MGI perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/06/03 00:49
End of Day Share Price 2023/05/31 00:00
Earnings2023/03/31
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

MoneyGram International, Inc. is covered by 16 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ramsey El-AssalBarclays
Sara GubinsBofA Global Research
David ScharfCitizens JMP Securities, LLC