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Last $9.47 USD
Change Today +1.67 / 21.41%
Volume 4.5M
MGI On Other Exchanges
Symbol
Exchange
NASDAQ GS
Frankfurt
As of 8:10 PM 05/6/15 All times are local (Market data is delayed by at least 15 minutes).

moneygram international inc (MGI) Snapshot

Open
$9.85
Previous Close
$7.80
Day High
$11.00
Day Low
$8.76
52 Week High
07/24/14 - $15.34
52 Week Low
01/14/15 - $7.55
Market Cap
503.8M
Average Volume 10 Days
713.3K
EPS TTM
$1.32
Shares Outstanding
53.2M
EX-Date
01/3/08
P/E TM
7.2x
Dividend
--
Dividend Yield
--
Current Stock Chart for MONEYGRAM INTERNATIONAL INC (MGI)

moneygram international inc (MGI) Related Businessweek News

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moneygram international inc (MGI) Details

MoneyGram International, Inc., together with its subsidiaries, provides money transfer and payment services in the United States and internationally. The company operates in two segments, Global Funds Transfer and Financial Paper Products. The Global Funds Transfer segment provides money transfer and bill payment services primarily to unbanked and under banked consumers. Its bill payment services allow consumers to make bill payments, pay routine bills, or load and reload prepaid debit cards to various billers in the credit card, mortgage, auto finance, telecommunications, corrections, satellite, health care, utilities, property management, prepaid card, and collections industries. This segment provides money transfer services through its network of agents, as well as through company- operated retail locations. It also offers money transfer services on the Internet through its MoneyGram Online service, as well as through kiosks, ATMs, prepaid cards, and direct-to-bank account products. The Financial Paper Products segment provides money orders to consumers through its retail and financial institution locations; and offers official check services to financial institutions. This segment sells its money orders under the MoneyGram brand, as well as on a private label or co-branded basis with retail and financial institution agents. MoneyGram International, Inc. was founded in 1926 and is headquartered in Dallas, Texas.

2,727 Employees
Last Reported Date: 03/3/15
Founded in 1926

moneygram international inc (MGI) Top Compensated Officers

Executive Chairman and Chief Executive Office...
Total Annual Compensation: $1.6M
Chief Financial Officer, Chief Operating Offi...
Total Annual Compensation: $637.6K
Executive Vice President, General Counsel and...
Total Annual Compensation: $508.9K
Executive Vice President of Human Resources a...
Total Annual Compensation: $357.7K
Compensation as of Fiscal Year 2014.

moneygram international inc (MGI) Key Developments

Western Union Reportedly In Talks To Acquire Moneygram

The Western Union Company (NYSE:WU) is in early-stage talks to acquire smaller rival Moneygram International Inc. (NasdaqGS:MGI) people with knowledge of the matter said. Representatives for Western Union and MoneyGram declined to comment.

Moneygram International Inc. Announces Unaudited Consolidated Earnings Results for First Quarter Ended March 31, 2015; Provides Earnings Guidance for Full Year 2015

Moneygram International Inc. announced unaudited consolidated earnings results for first quarter ended March 31, 2015. For the quarter, the company reported total revenue of $330.6 million, operating income of $1.7 million, loss before income taxes of $9.4 million, net loss of $72 million or $1.16 diluted per share EBITDA of $31.1 million, adjusted EBITDA of $54.6 million, cash payments for capital expenditures of $26.9 million compared to the total revenue of $374.9 million, operating income of $37 million, income before income taxes of $27.3 million, net income of $39 million or $0.54 diluted per share EBITDA of $61.9 million, adjusted EBITDA of $77.9 million, cash payments for capital expenditures of $17.1 million for the same quarter a year ago. The company's outlook for 2015 is unchanged. For the full-year 2015, the company estimates constant currency revenue growth to be approximately flat. For Adjusted EBITDA, the Company estimates a decline of approximately 8% to 12% on a constant currency basis for the full-year 2015. The company anticipates that its 2015 results for both revenue and Adjusted EBITDA will be lower in the first half of the year, improving to year-over-year double-digit constant currency growth in the fourth quarter.

MoneyGram Renews Agreement with TransNetwork Corporation to Continue Offering Services

MoneyGram has renewed its agreement with TransNetwork Corporation to continue offering services at Soriana and Grupo Famsa retail locations in Mexico. The agreement enables consumers to send and receive funds at an estimated 1,200 stores across Mexico.

 

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Industry Analysis

MGI

Industry Average

Valuation MGI Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.3x
Price/Book NM Not Meaningful
Price/Cash Flow 22.7x
TEV/Sales NM Not Meaningful
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