MBIA (MBI) Expected to Announce Earnings on Thursday

MBIA (NYSE:MBI - Get Free Report) is expected to release its Q1 2025 earnings data before the market opens on Thursday, May 8th. Analysts expect MBIA to post earnings of ($0.07) per share and revenue of $21.00 million for the quarter.

MBIA (NYSE:MBI - Get Free Report) last posted its earnings results on Thursday, February 27th. The insurance provider reported ($0.48) EPS for the quarter, missing the consensus estimate of ($0.31) by ($0.17). The firm had revenue of $29.00 million for the quarter, compared to analysts' expectations of $28.70 million. On average, analysts expect MBIA to post $-4 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

MBIA Price Performance

MBI stock traded down $0.04 during trading on Tuesday, reaching $4.65. The company had a trading volume of 193,400 shares, compared to its average volume of 448,830. MBIA has a 52 week low of $3.22 and a 52 week high of $7.46. The business has a 50 day moving average of $4.84 and a 200 day moving average of $5.65. The company has a market cap of $234.23 million, a P/E ratio of -0.41 and a beta of 1.88.

Analysts Set New Price Targets

MBI has been the topic of several research reports. Keefe, Bruyette & Woods dropped their price target on MBIA from $9.00 to $8.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 29th. StockNews.com cut shares of MBIA from a "hold" rating to a "sell" rating in a research report on Wednesday, January 8th.

MBIA Company Profile

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.