The Western Union Company (WU)
| Market Cap | 4.50B |
| Revenue (ttm) | 4.37B |
| Net Income (ttm) | 616.90M |
| Shares Out | 338.34M |
| EPS (ttm) | 1.69 |
| PE Ratio | 7.88 |
| Forward PE | 7.57 |
| Dividend | $0.94 (7.07%) |
| Ex-Dividend Date | Mar 14, 2024 |
| Volume | 1,928,120 |
| Open | 13.40 |
| Previous Close | 13.37 |
| Day's Range | 13.23 - 13.47 |
| 52-Week Range | 10.92 - 14.19 |
| Beta | 0.86 |
| Analysts | Hold |
| Price Target | 13.69 (+3.01%) |
| Earnings Date | Apr 24, 2024 |
About WU
The Western Union Company provides money movement and payment services worldwide. The company operates through Consumer Money Transfer and Consumer Services segments. The Consumer Money Transfer segment facilitates money transfers for international cross-border and intra-country transfers, primarily through a network of retail agent locations, as well as through websites and mobile devices. The Consumer Services segments offers bill payment services, which facilitate payments for consumers, businesses, and other organizations, as well as money ... [Read more]
Financial Performance
In 2023, WU's revenue was $4.36 billion, a decrease of -2.65% compared to the previous year's $4.48 billion. Earnings were $626.00 million, a decrease of -31.25%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for WU stock is "Hold." The 12-month stock price forecast is $13.69, which is an increase of 3.01% from the latest price.
News
Western Union Resumes Service Between the United States and Cuba
DENVER--(BUSINESS WIRE)--Western Union, in coordination with its processing partner Orbit S.A., today announced the resumption of its service from the United States to Cuba, effective immediately. Wit...
Western Union and Adonis Announce Strategic Alliance to Enhance Cross-Border Money Transfer Services in Canada
DENVER--(BUSINESS WIRE)--Western Union and Adonis supermarkets today announced a strategic alliance to help facilitate cross-border money transfer capabilities in Canada. The alliance benefits scores ...
Western Union to Present at the J.P. Morgan Global Technology, Media and Communications Conference on May 21
DENVER--(BUSINESS WIRE)--The Western Union Company (NYSE: WU) today announced that the Company will present at the J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 21...
Western Union's Digital Transactions Surge 13%
Western Union's first quarter results took note of continued shifts to digital channels to send money across borders. Branded digital transactions grew by 13% year over year (YoY), the company detaile...
Western Union Reports First Quarter 2024 Results
DENVER--(BUSINESS WIRE)--The Western Union Company (the “Company” or “Western Union”) (NYSE: WU) today reported first quarter 2024 financial results. The Company's first-quarter revenue of $1.05 billi...
Western Union to Release First Quarter 2024 Results on April 24
DENVER--(BUSINESS WIRE)--The Western Union Company (NYSE: WU) announced today that Chief Executive Officer Devin McGranahan and Chief Financial Officer Matt Cagwin will host a webcast and conference c...
CEO Devin McGranahan Selects Western Union Scholar of the Year
DENVER--(BUSINESS WIRE)--The Western Union Company (NYSE: WU) and the Western Union Foundation are proud to recognize Arian Hajihassani as our CEO Scholar of the Year, the organization's highest schol...
Visa and Western Union Announce Expanded Collaboration Transforming How Money Travels Cross-Border
SAN FRANCISCO & DENVER--(BUSINESS WIRE)--Today, Visa (NYSE: V) announced a 7-year agreement with Western Union (NYSE: WU). Under the new deal, Western Union customers will be able to send money to the...
Western Union to Present at the Wolfe Research FinTech Forum on March 14
DENVER--(BUSINESS WIRE)--The Western Union Company (NYSE: WU) today announced that the Company will present at the Wolfe Research FinTech Forum on Thursday, Mar. 14. The presentation will begin at 3:2...
Western Union to Present at the Citi FinTech Conference on February 27
DENVER--(BUSINESS WIRE)--The Western Union Company (NYSE: WU) today announced that the Company will present at the Citi FinTech Conference on Tuesday, Feb. 27. The presentation will begin at 1:15 p.m....
Burns Charest & Kick Law Firm: Lawsuit Alleges Western Union, MoneyGram Unlawfully Share Customers' Personal Information with Law Enforcement
LOS ANGELES--(BUSINESS WIRE)--A proposed class action filed yesterday in federal district court in Los Angeles alleges that international money transfer providers Western Union and MoneyGram have unla...
Western Union and Mercado Pago Alliance Extends to the United States and Canada
MEXICO CITY--(BUSINESS WIRE)--Western Union and Mercado Pago today announced growth in their existing relationship, giving United States and Canadian customers ability to send money from Western Union...
Western Union's Branded Digital Transactions Gain 13%
Western Union's latest results showed increased traction in digital channels, and management pointed to omnichannel efforts as a key avenue of promise in the months and years ahead.
Western Union Reports Fourth Quarter and Full Year 2023 Results
DENVER--(BUSINESS WIRE)--The Western Union Company (the “Company” or “Western Union”) (NYSE: WU) today reported fourth quarter and full year 2023 results. The Company's fourth-quarter revenue of $1.05...
Nominations Are Now Open for the 16th Annual Top 25 Canadian Immigrant Awards, Presented by Western Union
TORONTO--(BUSINESS WIRE)-- #togolfshow--With 1.5 million immigrants slated to arrive in Canada over the next three years, it's never been more important to be welcoming and supportive as they build th...
Western Union to Release Fourth Quarter and Full Year 2023 Results on February 6
DENVER--(BUSINESS WIRE)--The Western Union Company (NYSE: WU) announced today that Chief Executive Officer Devin McGranahan and Chief Financial Officer Matt Cagwin will host a webcast and conference c...
Western Union Appoints Finance Executive Julie Cameron-Doe to its Board of Directors
DENVER--(BUSINESS WIRE)--The Western Union Company (NYSE: WU) today announced the appointment of Julie Cameron-Doe to the Company's Board of Directors, effective December 12. “Julie's breadth of finan...
Western Union Announces $0.235 Quarterly Dividend
DENVER--(BUSINESS WIRE)--The Western Union Company (NYSE: WU) announced today that its board of directors declared a quarterly cash dividend of $0.235 per common share, payable December 29, 2023, to s...
KBW Announces Index Rebalancing for Fourth-Quarter 2023
NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...
Western Union Passes Through 8% Yield Mark
In trading on Thursday, shares of Western Union were yielding above the 8% mark based on its quarterly dividend (annualized to $0.94), with the stock changing hands as low as $11.73 on the day. Divide...
Western Union Marks 100 Concept Stores in Europe
Western Union says it has expanded its network of concept stores in Europe. The cross-border money transfer provider announced Wednesday (Dec. 6) that it now has 100 concept stores and “company-owned ...
Western Union to Present at the UBS Global Technology Conference on November 28
DENVER--(BUSINESS WIRE)--The Western Union Company (NYSE: WU) today announced that the Company will present at the UBS Global Technology Conference on Tuesday, Nov. 28. The presentation will begin at ...
Paysend and Western Union Partner on Cross-Border Money Transfer Services
Paysend, a card-to-card and international payments platform, and Western Union, a provider of cross-border money movement and payment services, have partnered on cross-border money transfer services. ...
CE 100 Loses 2.5% as Western Union Leads Payment Names Lower
The CE 100 Index lost 2.5%, as payment-related names led to the downside. The Pay and be Paid segment was the worst performing sector, sliding 4.9% through the week.