Core Viewpoint - Western Union is expected to report a decline in quarterly earnings and revenues, indicating potential challenges in its financial performance [1]. Financial Performance Estimates - Analysts predict quarterly earnings of $0.43 per share, a decrease of 6.5% year-over-year [1]. - Revenue is forecasted at $1.02 billion, reflecting a year-over-year decrease of 1.4% [1]. - The consensus EPS estimate has remained unchanged over the past 30 days, indicating a stable outlook among analysts [2]. Key Metrics Analysis - Estimated 'Revenue- Consumer Services' is projected at $127.65 million, showing a significant increase of 23% from the previous year [5]. - 'Revenue- Consumer Money Transfer' is expected to be $890.79 million, which represents a decline of 4.4% compared to the prior-year quarter [5]. - Total 'Consumer Money Transfer transactions' are estimated to be 71.50 million, down from 72.60 million a year ago [6]. Market Performance - Over the past month, Western Union shares have increased by 1.8%, outperforming the Zacks S&P 500 composite, which rose by 1.1% [6]. - The company holds a Zacks Rank of 4 (Sell), suggesting it may underperform the overall market in the near future [6].

Core Insights - During market turbulence, investors often seek dividend-yielding stocks, which typically have high free cash flows and offer substantial dividends [1] Group 1: Company Ratings and Analyst Insights - PennyMac Mortgage Investment Trust (NYSE:PMT) has a dividend yield of 13.50%. Analyst Bose George from Keefe, Bruyette & Woods downgraded the stock from Outperform to Market Perform, reducing the price target from $14.5 to $13.5 [7] - KKR Real Estate Finance Trust Inc (NYSE:KREF) has a dividend yield of 11.64%. JP Morgan analyst Richard Shane maintained an Overweight rating but decreased the price target from $11.5 to $9.5 [7] - Western Union Co (NYSE:WU) has a dividend yield of 11.55%. Keefe, Bruyette & Woods analyst Sanjay Sakhrani maintained a Market Perform rating and cut the price target from $10 to $9 [7] Group 2: Recent Company News - PennyMac Mortgage Investment Trust announced that Kevin Ryan will join as senior managing director and chief strategy officer [7] - KKR Real Estate Finance Trust is set to release its financial results for the third quarter on October 21 [7] - Western Union will announce its third quarter results on October 23 [7]

Core Insights - During market turbulence, investors often seek dividend-yielding stocks, which typically have high free cash flows and offer substantial dividends [1] Group 1: PennyMac Mortgage Investment Trust (PMT) - PMT has a dividend yield of 13.50% [7] - Analyst Bose George from Keefe, Bruyette & Woods downgraded PMT from Outperform to Market Perform, reducing the price target from $14.5 to $13.5 [7] - Analyst Mike Kaye from Wells Fargo maintained an Equal-Weight rating and cut the price target from $14 to $13 [7] - Recent news includes the appointment of Kevin Ryan as senior managing director and chief strategy officer [7] Group 2: KKR Real Estate Finance Trust Inc (KREF) - KREF has a dividend yield of 11.64% [7] - Analyst Richard Shane from JP Morgan maintained an Overweight rating and decreased the price target from $11.5 to $9.5 [7] - Analyst Jade Rahmani from Keefe, Bruyette & Woods maintained an Outperform rating and cut the price target from $13 to $12.25 [7] - KREF is set to release its financial results for Q3 on October 21 [7] Group 3: Western Union Co (WU) - WU has a dividend yield of 11.55% [7] - Analyst Sanjay Sakhrani from Keefe, Bruyette & Woods maintained a Market Perform rating and cut the price target from $10 to $9 [7] - Analyst Ramsey El-Assal from Barclays maintained an Underweight rating and slashed the price target from $10 to $8 [7] - WU will release its third-quarter results on October 23 [7]

Core Viewpoint - The expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act is a significant regulatory milestone for Western Union's planned acquisition of Intermex, which is expected to close in mid-2026, pending other regulatory approvals and stockholder consent [1][2]. Company Overview Western Union - Western Union is a global leader in cross-border, cross-currency money movement and digital financial services, operating in over 200 countries and territories with more than 130 currencies [3]. - The company aims to provide accessible financial services to help individuals and communities prosper [3]. Intermex - Intermex, founded in 1994, utilizes proprietary technology to facilitate money transfers from the U.S., Canada, Spain, Italy, the U.K., and Germany to over 60 countries [4]. - The company operates through a network of agent retailers, company-operated stores, mobile apps, and websites, fulfilling transactions via thousands of retail and bank locations globally [4].

Western Union (WU) ended the recent trading session at $8.08, demonstrating a +1.13% change from the preceding day's closing price. This change outpaced the S&P 500's 0.34% gain on the day. On the other hand, the Dow registered a gain of 0.09%, and the technology-centric Nasdaq increased by 0.42%. Prior to today's trading, shares of the money transfer company had lost 8.69% lagged the Business Services sector's gain of 0.7% and the S&P 500's gain of 3.54%.The investment community will be paying close attent ...

Group 1 - The Western Union Company has experienced a 75% decline in share price over the past five and a half years, primarily due to competitive pressures affecting its business [2] - The company operates in the cross-border money transfer sector, which has seen increased competition impacting its market position [2] Group 2 - The Insiders Forum focuses on small and mid-cap stocks with significant insider purchases, aiming to outperform the Russell 2000 benchmark [2]

Group 1 - The Western Union Company has experienced a 75% decline in its share price over the past five and a half years, primarily due to competitive pressures affecting its business [2] - The company operates in the cross-border money transfer sector, which has seen increased competition impacting its market position [2] - The Insiders Forum focuses on small and mid-cap stocks with significant insider purchases, aiming to outperform the Russell 2000 benchmark [2]

Company Overview - The Western Union Company (NYSE: WU) provides global money transfer and payment solutions through various channels including retail agents, digital platforms, and mobile services [1] - The company offers a range of services such as bill payments, money orders, prepaid cards, foreign exchange, and digital wallet services [1] Recent Developments - On September 9, Western Union formed a partnership with dLocal (NASDAQ: DLO) to enhance digital payment options for money transfers in Latin America [1] - This partnership allows customers to utilize local payment methods like bank transfers and cards on Western Union's online platforms, resulting in increased choice, faster transfers, and lower costs [1] - The deal aligns with the region's growing shift towards digital services, following record remittance levels of $161 billion in 2024 [1] Market Sentiment - Jim Cramer expressed a negative outlook on Western Union, highlighting the lack of growth despite its high yield, indicating a preference for investments that offer growth and compounded income [1]

Company Insights - Western Union announced the acquisition of Intermex for approximately $500 million, aimed at strengthening its position in the high-growth Latin American markets [1] - Johnson Controls raised its dividend from 37 cents to 40 cents per share on September 10 [2] - MNTN reported a second-quarter loss of 65 cents per share, an improvement from a loss of 69 cents per share a year ago, with quarterly sales of $68.460 million, exceeding analyst estimates of $64.483 million [2] - Nordic American Tankers posted weaker-than-expected quarterly sales on August 28, leading to a negative outlook from analysts [3] - Occidental Petroleum maintained a Neutral rating from UBS, with a price target increase from $45 to $46 [3][4] - Kenvue received a Neutral rating from Citigroup, with a price target reduction from $22 to $20 [4] Stock Performance - Western Union shares fell 1.7% to settle at $8.20 [7] - Johnson Controls shares gained 1% to close at $108.48 [7] - MNTN shares rose 0.1% to settle at $20.08 [7] - Nordic American shares fell 0.3% to $3.30 [7] - Occidental Petroleum shares rose 0.4% to close at $47.36 [7] - Kenvue shares fell 1.3% to settle at $18.10 [7]

Group 1: Western Union - Western Union announced the acquisition of Intermex for approximately $500 million to strengthen its position in high-growth Latin American markets [1] - Western Union shares fell 1.7% to settle at $8.20 [7] Group 2: Johnson Controls - Johnson Controls raised its dividend from 37 cents to 40 cents per share [2] - Johnson Controls shares gained 1% to close at $108.48 [7] Group 3: MNTN, Inc. - MNTN reported a second-quarter loss of 65 cents per share, an improvement from a loss of 69 cents per share a year ago, with quarterly sales of $68.460 million, exceeding analyst estimates of $64.483 million [2] - MNTN shares rose 0.1% to settle at $20.08 [7] Group 4: Nordic American Tankers - Nordic American Tankers posted weaker-than-expected quarterly sales, leading to a negative outlook [3] - Nordic American shares fell 0.3% to $3.30 [7] Group 5: Occidental Petroleum - UBS analyst maintained Occidental Petroleum with a Neutral rating and raised the price target from $45 to $46 [3] - Occidental Petroleum shares rose 0.4% to close at $47.36 [7] Group 6: Kenvue Inc. - Kenvue was maintained with a Neutral rating by Citigroup, with the price target lowered from $22 to $20 [4] - Kenvue shares fell 1.3% to settle at $18.10 [7]