Last $8.88 USD
Change Today +0.385 / 4.53%
Volume 415.7K
MGI On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 5:20 PM 03/2/15 All times are local (Market data is delayed by at least 15 minutes).

moneygram international inc (MGI) Snapshot

Open
$8.50
Previous Close
$8.49
Day High
$8.91
Day Low
$8.38
52 Week High
03/7/14 - $19.74
52 Week Low
01/14/15 - $7.55
Market Cap
479.2M
Average Volume 10 Days
373.6K
EPS TTM
$1.93
Shares Outstanding
54.0M
EX-Date
01/3/08
P/E TM
4.6x
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, utilities, property management, prepaid card, and collections industries. This segment provides money transfer services through its network of agents, as well as through company-owned retail locations. It also offers money transfer services on the Internet via 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 agent locations; and offers official check services for 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.

moneygram international inc (MGI) Top Compensated Officers

Executive Chairman, Chief Executive Officer, ...
Total Annual Compensation: $909.5K
Chief Financial Officer, Chief Operating Offi...
Total Annual Compensation: $363.1K
Executive Vice President of Human Resources a...
Total Annual Compensation: $357.7K
Compensation as of Fiscal Year 2013.

moneygram international inc (MGI) Key Developments

MoneyGram International, Inc. Renews Agreement with Kyongnam Bank to Provide Money Transfer Services

MoneyGram International Inc. has renewed its agreement with Kyongnam Bank to provide money transfer services at the bank's 150 locations throughout South Korea.

MoneyGram International Inc. Announces Agreement with Landbank of the Philippines to Offer Money Transfer Services

MoneyGram announced a new agreement with Landbank of the Philippines to offer international money transfer services at more than 300 strategically located Landbank branches throughout the country. Landbank's vision is to deliver innovative financial services in all provinces, cities and municipalities, and adding MoneyGram money transfers helps fulfill that vision. To receive money in the Philippines, customers can walk into any MoneyGram agent location, complete a simple form, indicate their reference number and show a photo identification to receive their remittances. The funds will be ready to collect within minutes upon sending, subject to agent availability, hours of operation and local laws and regulations.

Moneygram Seeks Acquisitions

Moneygram International Inc. (NasdaqGS:MGI) is looking for acquisition opportunities. Pamela H. Patsley, Chairman and Chief Executive Officer of MoneyGram, said, ""We expect 2015 to be a transitional year for MoneyGram as we complete the repositioning of our U.S. to U.S. corridor and continue our investments in self-service products, marketing, agent productivity and global consumer acquisition strategies."

 

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MGI:US $8.88 USD +0.385

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Industry Analysis

MGI

Industry Average

Valuation MGI Industry Range
Price/Earnings 7.7x
Price/Sales 0.4x
Price/Book NM Not Meaningful
Price/Cash Flow 3.6x
TEV/Sales -- Not Meaningful
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