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Last $8.47 USD
Change Today +0.1125 / 1.35%
Volume 1.7K
As of 9:30 AM 09/2/15 All times are local (Market data is delayed by at least 15 minutes).

moneygram international inc (MGI) Snapshot

Previous Close
Day High
Day Low
52 Week High
09/19/14 - $15.02
52 Week Low
01/14/15 - $7.55
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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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

Moneygram International, Inc Introduces New Account Deposit Product

Moneygram International Inc. announced the launch of a new account deposit product that allows customers to send money directly to all Banco de Occidente accounts in Honduras. Banco de Occidente is one of the and most trusted banks in Honduras. Banco de Occidente and MoneyGram have worked together to ensure customers in Honduras receive money between friends and family. The new deposit to account service gives customers a more convenient choice to access their funds. Once the money is sent to an account, the funds are typically available to customers in minutes subject to the bank's operating hours.

MoneyGram Launches Money Transfer Services in Iraq

MoneyGram announced that it is expanding its global network to Iraq to provide its money transfer services to customers through an agreement with Al Noor. MoneyGram customers will now be able to send and receive funds at Al Noor locations in Baghdad, Basrah and Najaf.

Moneygram International Inc. Announces Resignation of Angela Mcquien as Senior Vice President and Corporate Controller, Effective August 20, 2015

On August 4, 2015, Angela McQuien resigned as the Senior Vice President and Corporate Controller of MoneyGram International Inc., effective as of August 20, 2015. In such capacity, Ms. McQuien served as the company’s principal accounting officer.


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Industry Average

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

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