MGI - MoneyGram International, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
+0.11 (+1.88%)
As of 9:38AM EDT. Market open.
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Previous Close5.86
Bid5.60 x 800
Ask6.15 x 800
Day's Range5.85 - 6.04
52 Week Range5.82 - 17.07
Avg. Volume328,531
Market Cap332.29M
PE Ratio (TTM)N/A
EPS (TTM)-0.56
Earnings DateMar 16, 2017 - Mar 17, 2017
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2007-12-12
1y Target Est6.50
Trade prices are not sourced from all markets
  • Why PayPal Isn’t Panicked by Competition
    Market Realistyesterday

    Why PayPal Isn’t Panicked by Competition

    The digital payment industry has continued to attract more players, resulting in more competition, particularly for market leaders like PayPal (PYPL). PayPal’s confidence is based on the belief that the company has built a powerful two-sided network, which means reaching consumers and merchants at the same time. PayPal ended the second quarter with 244 million active customers globally, and about 20 million of them were merchants, according to the company’s chief financial officer, John Rainey.

  • Here's Why You Should Add MoneyGram (MGI) to Your Portfolio
    Zacks4 days ago

    Here's Why You Should Add MoneyGram (MGI) to Your Portfolio

    Investments in several growth areas position MoneyGram (MGI) for long-term growth.

  • Could Alibaba’s Ant Financial Be Building a War Chest?
    Market Realist4 days ago

    Could Alibaba’s Ant Financial Be Building a War Chest?

    Alibaba’s (BABA) finance affiliate, Ant Financial, has ambitious goals that could require deep pockets to bankroll. Its goal to shift its main focus to technology services and away from payments and consumer finance could require Ant to increase its research and development investments and opportunistic acquisitions to acquire technologies it may not want to build from scratch. Ant aims to reach 2.0 billion consumers globally with its Alipay payment service in future years, which could require launching Alipay in more countries.

  • JD Finance Raising $2 Billion to Fund Expansion
    Market Realist6 days ago

    JD Finance Raising $2 Billion to Fund Expansion’s (JD) financial services subsidiary, JD Finance, is raising nearly $2.0 billion at a valuation of ~$20.0 billion in a funding round. This funding round is expected to be completed by the end of September. JD Finance’s fundraising comes shortly after its rival Ant Financial did the same. Ant Financial, an affiliate of Alibaba (BABA) and the name behind the Alipay service, raised $14.0 billion in June at a valuation of more than $151.0 billion.

  • JD Is Buying a Smaller Stake in Allianz
    Market Realist6 days ago

    JD Is Buying a Smaller Stake in Allianz

    China recently cleared (JD) to purchase a large equity stake in the Chinese subsidiary of global insurance company Allianz SE. JD’s plan to invest in Allianz China was revealed in April, and at that time it was said JD would invest around $85.4 billion for a 33.0% stake in the business.

  • Thomson Reuters StreetEvents9 days ago

    Edited Transcript of MGI earnings conference call or presentation 3-Aug-18 1:00pm GMT

    Q2 2018 MoneyGram International Inc Earnings Call

  • MoneyGram (MGI) Q2 Earnings Top Estimates
    Zacks11 days ago

    MoneyGram (MGI) Q2 Earnings Top Estimates

    MoneyGram (MGI) delivered earnings and revenue surprises of 31.25% and -3.42%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?

  • Associated Press11 days ago

    MoneyGram: 2Q Earnings Snapshot

    On a per-share basis, the Dallas-based company said it had profit of 3 cents. Earnings, adjusted for one-time gains and costs, were 21 cents per share. The results exceeded Wall Street expectations. The ...

  • ACCESSWIRE11 days ago

    MoneyGram International, Inc. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / August 3, 2018 / MoneyGram International, Inc. (NASDAQ: MGI ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 3, 2018 at 9:00 AM Eastern ...

  • PR Newswire11 days ago

    MoneyGram International Reports Second Quarter 2018 Financial Results

    DALLAS , Aug. 3, 2018 /PRNewswire/ -- MoneyGram (NASDAQ:MGI) today reported financial results for its second quarter ending June 30, 2018. Business Highlights Expanded digital and mobile capabilities: ...

  • Benzinga12 days ago

    Earnings Outlook For MoneyGram International

    On Friday,  MoneyGram International (NASDAQ: MGI ) will release its latest earnings report. Check out Benzinga's report to understand the earnings report's implications. Earnings and Revenue MoneyGram ...

  • Are There Plans to Launch Square in More Markets?
    Market Realist12 days ago

    Are There Plans to Launch Square in More Markets?

    Square (SQ) has tried to keep the pace with its larger rival PayPal (PYPL) in many areas. Square inked three acquisition deals in the first half of 2018, and PayPal inked four acquisition deals in the period, according to Crunchbase data. Product choice is another area in which Square and PayPal have been actively competing.

  • PR Newswire13 days ago

    MoneyGram and Grupo Elektra Extend Partnership in Mexico

    DALLAS, Aug. 1, 2018 /PRNewswire/ -- MoneyGram (MGI) and Grupo Elektra, have extended their agreement to provide money transfer services inside nearly 2,000 Elektra locations in Mexico through 2021. The partnership strengthens MoneyGram's position in the dynamically growing market - with over $30 billion inflows in 2017, the U.S. to Mexico is the largest remittance corridor in the world. Grupo Elektra is Latin America's leading specialty retailer and financial services company and the largest non-bank provider of cash advance services in the United States.

  • How PayPal Could Drive Venmo’s Growth
    Market Realist20 days ago

    How PayPal Could Drive Venmo’s Growth

    The partnership with Uber to introduce Venmo as a payment option for riders is part of the efforts PayPal (PYPL) is making to both drive the adoption of the mobile payment service and enlarge its monetization potential.

  • PayPal Nets $6.9 Billion from Synchrony Deal
    Market Realist21 days ago

    PayPal Nets $6.9 Billion from Synchrony Deal

    PayPal (PYPL) is set to report its second-quarter results after recently closing the deal to sell its US consumer lending business to Synchrony Financial (SYF). PayPal said it received $6.9 billion in total consideration from Synchrony at closing. Before the deal closed, PayPal had estimated that the sale of its US consumer lending business would boost its projected 2018 revenue by about 3.5%.

  • MoneyGram (MGI) Ramps Up Digital Service Across the Globe
    Zacks26 days ago

    MoneyGram (MGI) Ramps Up Digital Service Across the Globe

    MoneyGram (MGI) provides digital services in five new countries.

  • TheStreet.com27 days ago

    How to Fill Out a Money Order: 5 Simple Steps

    Money orders don't require a bank account, offer protection to the person making the payment, and are quite simple to fill out as long as you know the steps. There are different places you can get a money order and different things to know about each one. What Is a Money Order?

  • MoneyGram Expands Digital Service Across the Globe
    PR Newswire27 days ago

    MoneyGram Expands Digital Service Across the Globe

    Customers in Australia, the Netherlands, Belgium, Portugal and Austria can now send money 24/7 directly to more than two billion bank accounts and mobile wallets or to any MoneyGram location in more than 200 countries and territories. According to World Bank's Findex report, digital payments are on the rise. Between 2014 and 2017 the share of adults around the world making or receiving digital payments increased by 11 percent, to reach 52 percent.

  • MoneyGram Renews Ties With UK Post Office to Expand Services
    Zackslast month

    MoneyGram Renews Ties With UK Post Office to Expand Services

    MoneyGram (MGI) expands partnership with Post Office to provide customers with money transfer services in multiple UK Post Office locations.

  • PR Newswirelast month

    MoneyGram to Release Second Quarter 2018 Results

    Conference call scheduled for August 3 at 9:00 a.m. ET DALLAS , July 10, 2018 /PRNewswire/ --  MoneyGram (NASDAQ: MGI) will announce its second quarter 2018 financial results on Friday, August 3 , 2018.  ...

  • PR Newswirelast month

    MoneyGram and UK Post Office Extend Long-Term Partnership

    DALLAS, July 10, 2018 /PRNewswire/ -- MoneyGram (MGI) and Post Office Limited have extended their agreement to provide money transfer services inside thousands of UK Post Office locations through 2021. "For more than two decades, MoneyGram and UK Post Office have partnered to drive financial inclusion in one of the most diverse regions in the world by offering our customers convenient and reliable financial services," said Alex Holmes, chairman and chief executive officer at MoneyGram.

  • ACCESSWIRElast month

    Free Research Reports on LendingClub and Three More Credit Services Stocks

    Stock Research Monitor: EZPW, EFX, and MGI LONDON, UK / ACCESSWIRE / July 9, 2018 / If you want a free Stock Review on LC sign up now at . Pre-market today, ...

  • GlobeNewswire2 months ago

    Report: Exploring Fundamental Drivers Behind MSC Industrial Direct, Timken, CoreLogic, Genesco, MoneyGram International, and RingCentral — New Horizons, Emerging Trends, and Upcoming Developments

    NEW YORK, June 28, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of MSC ...

  • China’s financial payments giant is coming for Western Union
    Quartz2 months ago

    China’s financial payments giant is coming for Western Union

    On Monday (June 25) Ant Financial, the payments and financial services arm of Chinese e-commerce giant Alibaba, unveiled a cross-border remittance service powered by blockchain technology. Its release marks the company’s expansion into the global remittance market, after an attempt to purchase an American remittance company failed due to political pushback. The feature is only…

  • The Wall Street Journal2 months ago

    Jack Ma Slams Bitcoin Speculation While Launching Remittance Service Built on Blockchain

    HONG KONG—Chinese billionaire Jack Ma criticized people who have been speculating on bitcoin, pledging to avoid the asset class and saying the blockchain technology underpinning it should be instead used to solve social problems. Mr. Ma, who is executive chairman of Alibaba Group Holding Ltd., was speaking at an event held on Monday by Ant Financial Services Group, a financial-technology affiliate of the e-commerce giant. An Ant joint venture in Hong Kong launched the same day a cross-border remittance service that uses blockchain technology to help people send money to the Philippines at transaction fees that are much lower than what banks and other money-transfer firms charge.