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MoneyGram International (MGI) Stock

Profile

Full Name:

MoneyGram International, Inc.

Country:

United States

IPO:

30 June 2004

Indexes:

Not included

Description:

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. The Financial Paper Products segment provides money orders to consumers through its agents and financial institutions under the MoneyGram brand and on a private label or co-branded basis with various agents and financial institutions; and official check outsourcing services for banks and credit unions. MoneyGram International, Inc. was founded in 1940 and is based in Dallas, Texas.

Events Calendar

Earnings

Next earnings date:

N/A

Recent quarterly earnings:

Aug 04, 2023

Recent annual earnings:

Feb 24, 2023
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Dec 12, 2007
Splits

Next split:

N/A

Recent split:

Nov 15, 2011

Analyst ratings

Recent major analysts updates

01 Nov '21 Barclays
Underweight
12 July '21 Barclays
Underweight
10 May '21 JP Morgan
Neutral
11 Jan '21 Northland Capital Markets
Outperform
03 Aug '20 Evercore ISI Group
In-Line
09 Sept '19 Barclays
Underweight
15 Nov '18 Barclays
Underweight
06 Aug '18 Morgan Stanley
Equal-Weight
12 Dec '17 JP Morgan
Underweight
12 July '16 JP Morgan
Neutral

Screeners with MGI included

No data

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Institutional Ownership

Similar stocks

Lawsuit Filed Against MoneyGram Over Data Breach That Compromised Customers' Personal and Financial Information
Lawsuit Filed Against MoneyGram Over Data Breach That Compromised Customers' Personal and Financial Information
Lawsuit Filed Against MoneyGram Over Data Breach That Compromised Customers' Personal and Financial Information
MGI
globenewswire.com14 January 2025

DALLAS, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Consumers have taken legal action against MoneyGram, filing a lawsuit against the money transfer services provider over a data breach that compromised customers' personal and financial information.

MoneyGram replaces CEO weeks after massive customer data breach
MoneyGram replaces CEO weeks after massive customer data breach
MoneyGram replaces CEO weeks after massive customer data breach
MGI
techcrunch.com29 October 2024

Money transfer giant MoneyGram has replaced its chief executive less than a month after confirming that hackers stole reams of customers' personal information and transaction records in a data breach.

DATA BREACH ALERT: Edelson Lechtzin LLP Is Investigating Claims On Behalf Of MoneyGram International Inc. Customers Whose Data May Have Been Compromised
DATA BREACH ALERT: Edelson Lechtzin LLP Is Investigating Claims On Behalf Of MoneyGram International Inc. Customers Whose Data May Have Been Compromised
DATA BREACH ALERT: Edelson Lechtzin LLP Is Investigating Claims On Behalf Of MoneyGram International Inc. Customers Whose Data May Have Been Compromised
MGI
accesswire.com13 October 2024

Edelson Lechtzin LLP is investigating claims regarding data privacy violations by MoneyGram International Inc. NEWTOWN, PA / ACCESSWIRE / October 13, 2024 / The law firm of Edelson Lechtzin LLP is investigating claims regarding data privacy violations by MoneyGram International Inc. ("MoneyGram"). MoneyGram learned of suspicious activity on or about September 27, 2024.

FeganScott Announces Investigation into MoneyGram Data Breach That Compromised Customers' Personal and Financial Information
FeganScott Announces Investigation into MoneyGram Data Breach That Compromised Customers' Personal and Financial Information
FeganScott Announces Investigation into MoneyGram Data Breach That Compromised Customers' Personal and Financial Information
MGI
businesswire.com11 October 2024

DALLAS--(BUSINESS WIRE)--FeganScott, a national law firm dedicated to protecting consumer rights, announced that it has launched an investigation into MoneyGram following confirmation from the financial services provider that an unauthorized third party illegally obtained customers' personal and financial information during a September cyberattack. In a recent statement, MoneyGram reported that the stolen customer information includes Social Security numbers, government identification documents.

MoneyGram says hackers stole customers' personal information and transaction data
MoneyGram says hackers stole customers' personal information and transaction data
MoneyGram says hackers stole customers' personal information and transaction data
MGI
techcrunch.com07 October 2024

U.S. money transfer giant MoneyGram has confirmed that hackers stole its customers' personal information and transaction data during a cyberattack last month.

MoneyGram blames ‘cybersecurity issue' for ongoing days-long outage
MoneyGram blames ‘cybersecurity issue' for ongoing days-long outage
MoneyGram blames ‘cybersecurity issue' for ongoing days-long outage
MGI
techcrunch.com24 September 2024

U.S.-based money transfer giant MoneyGram has blamed an unspecified “cybersecurity issue” for an ongoing days-long outage affecting the company and its users.

Delaware settles dispute with other states over unclaimed MoneyGram funds
Delaware settles dispute with other states over unclaimed MoneyGram funds
Delaware settles dispute with other states over unclaimed MoneyGram funds
MGI
reuters.com29 August 2024

Thirty states are set to receive more than $102 million from Delaware after the U.S. Supreme Court last year unanimously ruled that it had no right to keep hundreds of millions of dollars in uncashed MoneyGram checks for itself.

MoneyGram Appoints Driven Brands Veteran Gary W. Ferrera as CFO
MoneyGram Appoints Driven Brands Veteran Gary W. Ferrera as CFO
MoneyGram Appoints Driven Brands Veteran Gary W. Ferrera as CFO
MGI
pymnts.com10 June 2024

MoneyGram International has appointed former Driven Brands chief financial officer (CFO) Gary W. Ferrera as its CFO.

Report: MoneyGram Fails to Secure Lower Borrowing Costs on Leveraged Loan
Report: MoneyGram Fails to Secure Lower Borrowing Costs on Leveraged Loan
Report: MoneyGram Fails to Secure Lower Borrowing Costs on Leveraged Loan
MGI
pymnts.com24 May 2024

MoneyGram International reportedly failed to secure lower borrowing costs on a $398 million leveraged loan before a deadline on Thursday (May 23).

Trustly and MoneyGram Launch Cardless Cross-Border Payments in Europe
Trustly and MoneyGram Launch Cardless Cross-Border Payments in Europe
Trustly and MoneyGram Launch Cardless Cross-Border Payments in Europe
MGI
PYMNTS20 March 2024

Trustly and MoneyGram International have partnered to enable millions of MoneyGram users in Europe to make cardless international money transfers. With the service enabled by this collaboration, users can pay directly from their bank accounts when sending international money transfers through MoneyGram Online (MGO), the companies said in a Wednesday (March 20) press release.

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FAQ

  • What is the primary business of MoneyGram International?
  • What is the ticker symbol for MoneyGram International?
  • Does MoneyGram International pay dividends?
  • What sector is MoneyGram International in?
  • What industry is MoneyGram International in?
  • What country is MoneyGram International based in?
  • When did MoneyGram International go public?
  • Is MoneyGram International in the S&P 500?
  • Is MoneyGram International in the NASDAQ 100?
  • Is MoneyGram International in the Dow Jones?
  • When was MoneyGram International's last earnings report?
  • When does MoneyGram International report earnings?
  • Should I buy MoneyGram International stock now?

What is the primary business of MoneyGram International?

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. The Financial Paper Products segment provides money orders to consumers through its agents and financial institutions under the MoneyGram brand and on a private label or co-branded basis with various agents and financial institutions; and official check outsourcing services for banks and credit unions. MoneyGram International, Inc. was founded in 1940 and is based in Dallas, Texas.

What is the ticker symbol for MoneyGram International?

The ticker symbol for MoneyGram International is NASDAQ:MGI

Does MoneyGram International pay dividends?

No, MoneyGram International does not pay dividends

What sector is MoneyGram International in?

MoneyGram International is in the Financial Services sector

What industry is MoneyGram International in?

MoneyGram International is in the Credit Services industry

What country is MoneyGram International based in?

MoneyGram International is headquartered in United States

When did MoneyGram International go public?

MoneyGram International's initial public offering (IPO) was on 30 June 2004

Is MoneyGram International in the S&P 500?

No, MoneyGram International is not included in the S&P 500 index

Is MoneyGram International in the NASDAQ 100?

No, MoneyGram International is not included in the NASDAQ 100 index

Is MoneyGram International in the Dow Jones?

No, MoneyGram International is not included in the Dow Jones index

When was MoneyGram International's last earnings report?

MoneyGram International's most recent earnings report was on 4 August 2023

When does MoneyGram International report earnings?

The date for MoneyGram International's next earnings report has not been announced yet

Should I buy MoneyGram International stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions