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NYSE:MBI

MBIA (MBI) Stock Price, News & Analysis

$3.33
-0.12 (-3.48%)
(As of 09/6/2024 ET)
Today's Range
$3.29
$3.46
50-Day Range
$3.33
$5.55
52-Week Range
$3.29
$14.37
Volume
398,241 shs
Average Volume
497,217 shs
Market Capitalization
$170.75 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.50

MBIA MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
65.2% Upside
$5.50 Price Target
Short Interest
Healthy
4.16% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$118,156 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($3.75) to ($0.75) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.89 out of 5 stars

Finance Sector

651st out of 871 stocks

Surety Insurance Industry

7th out of 8 stocks

MBI stock logo

About MBIA Stock (NYSE:MBI)

MBIA Inc. provides financial guarantee insurance services to public finance markets in the United States. It operates United States (U.S.) Public Finance Insurance, and International and Structured Finance Insurance segments. The company issues financial guarantees for municipal bonds, including tax-exempt and taxable indebtedness of the U.S. political subdivisions, as well as utility districts, airports, health care institutions, higher educational facilities, housing authorities, and other similar agencies and obligations issued by private entities. It also insures the non-U.S. public finance and global structured finance, including asset-backed obligations; and sovereign-related and sub-sovereign bonds, and privately issued bonds used for the financing for utilities, toll roads, bridges, public transportation facilities, and other types of infrastructure projects, as well as offers third-party reinsurance services. MBIA Inc. was founded in 1973 and is headquartered in Purchase, New York.

MBI Stock Price History

MBI Stock News Headlines

MBI Sep 2024 3.000 call (MBI240920C00003000)
Ex-CIA Advisor: “This is How Kamala will Rig the Election”
A former CIA advisor with close ties to the White House… Has just released this shocking expose on Kamala’s plan to stop Trump. Every American needs to prepare now…
MBI Sep 2024 4.000 call
MBI Sep 2024 6.000 put
KBW Reaffirms Their Buy Rating on Root (ROOT)
Kahn Brothers Reduces Stake in MBIA Inc.
MBIA Inc. (MBI) Q2 2024 Earnings Call Transcript
Ex-CIA Advisor: “This is How Kamala will Rig the Election”
A former CIA advisor with close ties to the White House… Has just released this shocking expose on Kamala’s plan to stop Trump. Every American needs to prepare now…
MBIA Q2 2024 Earnings Preview
MBIA Inc. Q1 Loss Decreases, But Misses Estimates
See More Headlines
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Company Calendar

Last Earnings
8/06/2024
Today
9/07/2024
Next Earnings (Estimated)
11/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Surety insurance
Sub-Industry
Property & Casualty Insurance
CUSIP
55262C10
Employees
80
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.50
High Stock Price Target
$6.50
Low Stock Price Target
$4.50
Potential Upside/Downside
+65.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$-487,000,000.00
Pretax Margin
-2,711.11%

Debt

Sales & Book Value

Annual Sales
$-48,000,000.00
Book Value
($38.90) per share

Miscellaneous

Free Float
44,826,000
Market Cap
$170.75 million
Optionable
Optionable
Beta
1.44
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Key Executives

  • Mr. William Charles Fallon (Age 64)
    CEO & Director
    Comp: $15.57M
  • Mr. Anthony Matthew McKiernan (Age 54)
    EVP, CFO & Treasurer
    Comp: $7.93M
  • Mr. Daniel Michael Avitabile (Age 50)
    Assistant VP and MBIA Insurance's President & Chief Risk Officer
    Comp: $5.04M
  • Mr. Adam Thomas Bergonzi (Age 61)
    Assistant VP & National's Chief Risk Officer
    Comp: $7.73M
  • Mr. Christopher Harris Young (Age 51)
    Assistant VP & National's Chief Financial Officer
    Comp: $5.2M
  • Mr. Joseph Ralph Schachinger Sr. (Age 55)
    Chief Accounting Officer, Assistant VP & Controller
  • Mr. Gregory R. Diamond
    MD and Head of Investor & Media Relations

MBI Stock Analysis - Frequently Asked Questions

How have MBI shares performed this year?

MBIA's stock was trading at $6.12 at the start of the year. Since then, MBI shares have decreased by 45.6% and is now trading at $3.33.
View the best growth stocks for 2024 here
.

How were MBIA's earnings last quarter?

MBIA Inc. (NYSE:MBI) announced its earnings results on Tuesday, August, 6th. The insurance provider reported ($2.90) EPS for the quarter, missing analysts' consensus estimates of ($0.15) by $2.75. The insurance provider had revenue of ($37) million for the quarter, compared to the consensus estimate of $29 million.

What is Jay Brown's approval rating as MBIA's CEO?

13 employees have rated MBIA Chief Executive Officer Jay Brown on Glassdoor.com. Jay Brown has an approval rating of 59% among the company's employees. This puts Jay Brown in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Who are MBIA's major shareholders?

MBIA's top institutional investors include Hosking Partners LLP (3.20%), Whitebox Advisors LLC (1.55%), Envestnet Asset Management Inc. (0.84%) and TCW Group Inc. (0.51%).
View institutional ownership trends
.

How do I buy shares of MBIA?

Shares of MBI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of MBIA own?

Based on aggregate information from My MarketBeat watchlists, some other companies that MBIA investors own include Hovnanian Enterprises (HOV), Genworth Financial (GNW), Freeport-McMoRan (FCX), Advanced Micro Devices (AMD), Ford Motor (F), FireEye (FEYE) and Chesapeake Energy (CHKAQ).

This page (NYSE:MBI) was last updated on 9/7/2024 by MarketBeat.com Staff

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