NYSE:MBI

MBIA (MBI) Stock Forecast, Price & News

$6.97

-0.24 (-3.33%)

(As of 11:15 AM ET)

Compare

Today's Range: $6.93
▼
$7.25
50-Day Range: $7.21
▼
$9.00
52-Week Range: $6.93
▼
$14.00

Volume: 173,056 shs
Average Volume: 405,135 shs
Market Capitalization: $362.02 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $13.00

MBIA MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 81.3% Upside
$13.00 Price Target
Short Interest: Bearish
3.88% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.60) to ($0.40) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.95 out of 5 stars

Finance Sector

702nd out of 879 stocks

Surety Insurance Industry

6th out of 8 stocks

3.5

Analyst's Opinion

Consensus Rating
MBIA has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $13.00, MBIA has a forecasted upside of 81.3% from its current price of $7.17.
Amount of Analyst Coverage
MBIA has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
3.88% of the float of MBIA has been sold short.
Short Interest Ratio / Days to Cover
MBIA has a short interest ratio ("days to cover") of 6.1.
Change versus previous month
Short interest in MBIA has recently increased by 16.11%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
MBIA does not currently pay a dividend.
Dividend Growth
MBIA does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MBI.

2.2

News and Social Media Coverage

News Sentiment
MBIA has a news sentiment score of 0.88. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.71 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 1 news article for MBIA this week, compared to 1 article on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, MBIA insiders have not sold or bought any company stock.
Percentage Held by Insiders
12.94% of the stock of MBIA is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
58.53% of the stock of MBIA is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for MBIA are expected to grow in the coming year, from ($0.60) to ($0.40) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of MBIA is -1.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of MBIA is -1.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

See Top Rated MarketRank™ Stocks Here

About MBIA (NYSE:MBI) Stock

MBIA Inc. provides financial guarantee insurance services to public finance markets. It operates through United States (U.S.) Public Finance Insurance, Corporate, 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 and territories, as well as utilities, 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, utilities, and privately issued bonds used for the financing of projects that include toll roads, bridges, airports, 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 Price History

30 days | 90 days | 365 days | Advanced Chart

MBI Stock News Headlines

September 29, 2023 | msn.com

Why billionaire investor Bill Ackman is a Warren Buffett devotee

September 23, 2023 | nypost.com

Hedge fund titan Bill Ackman tells The Post why he remains bullish on NYC, talks presidential picks

October 2, 2023 | PressReach (Ad)

Nuclear Revival Creates Opportunities for Uranium

Uranium companies set to benefit from increased demand for clean energy.

September 21, 2023 | msn.com

Hedge fund titan Bill Ackman remains bullish on NYC

September 1, 2023 | msn.com

Europa League and Conference League 2023-24 group stage draws – live

August 21, 2023 | uk.finance.yahoo.com

MBIA Inc. (MBI) interactive stock chart – Yahoo Finance

August 3, 2023 | seekingalpha.com

MBIA Non-GAAP EPS of -$0.45 misses by $0.35, revenue of $28M misses by $5M

August 3, 2023 | markets.businessinsider.com

MBIA Inc. Q2 Loss Increases, misses estimates

October 2, 2023 | PressReach (Ad)

Nuclear Revival Creates Opportunities for Uranium

Uranium companies set to benefit from increased demand for clean energy.

August 3, 2023 | finance.yahoo.com

MBIA Inc. Reports Second Quarter 2023 Financial Results

August 3, 2023 | finance.yahoo.com

MBIA (MBI) Reports Q2 Loss, Lags Revenue Estimates

July 26, 2023 | finance.yahoo.com

MBIA Inc. Investor Conference Call to Discuss Second Quarter 2023 Financial Results Scheduled for Thursday, August 3 at 8:00 A.M. Eastern Time

July 5, 2023 | msn.com

Kenya Power Condemns Rising Cases of Staff Attacks on Network Surveillance

July 4, 2023 | thestreet.com

MBIA Still Carries Complexity Discount: Street Whispers

July 3, 2023 | finance.yahoo.com

Here’s Why MBIA (MBI) Declined in Q1

June 28, 2023 | theguardian.com

UK business minister says Thames Water must survive; Bank of England governor understands criticism over rate hike – as it happened

June 28, 2023 | msn.com

UK business minister says Thames Water must survive; Bank of England governor understands criticism over rate hike – business live

June 28, 2023 | msn.com

UK looks at plans for possible bailout of Thames Water; Jeremy Hunt meets regulators amid profiteering concerns – business live

June 25, 2023 | cbsnews.com

US Coast Guard outlines conclusions to OceanGate sub investigation

June 12, 2023 | finance.yahoo.com

What’s Behind the Strong Performance of MBIA (MBI)?

June 8, 2023 | finance.yahoo.com

Wall Street Analysts Think MBIA (MBI) Could Surge 40.52%: Read This Before Placing a Bet

June 2, 2023 | fool.com

MBIA (NYSE: MBI)

May 23, 2023 | msn.com

Keefe, Bruyette & Woods Maintains MBIA (MBI) Outperform Recommendation

May 12, 2023 | finance.yahoo.com

Down -27.46% in 4 Weeks, Here's Why MBIA (MBI) Looks Ripe for a Turnaround

May 10, 2023 | finance.yahoo.com

Q1 2023 MBIA Inc Earnings Call

May 10, 2023 | markets.businessinsider.com

MBIA Inc. Q1 Loss Increases, but beats estimates

May 10, 2023 | msn.com

MBIA: Q1 Earnings Insights

See More Headlines

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MBI Company Calendar

Last Earnings: 8/02/2023
Today: 10/02/2023
Next Earnings (Estimated): 11/01/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Surety insurance
Sub-Industry: Property & Casualty Insurance
Sector: Finance
Current Symbol: NYSE:MBI
CUSIP: 55262C10
CIK: 814585
Web: www.mbia.com
Phone: (914) 273-4545
Fax: 914-765-3177
Employees: 75
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $13.00
High Stock Price Forecast: $14.00
Low Stock Price Forecast: $12.00
Forecasted Upside/Downside: +81.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($5.04)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-203,000,000.00
Net Margins: -243.27%
Pretax Margin: -192.31%
Return on Equity: N/A
Return on Assets: -0.80%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.50
Quick Ratio: 1.50

Sales & Book Value

Annual Sales: $154 million
Price / Sales: 2.42
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($15.96) per share
Price / Book: -0.45

Miscellaneous

Outstanding Shares: 51,940,000
Free Float: 45,215,000
Market Cap: $372.41 million
Optionable: Optionable
Beta: 1.24

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Key Executives

Mr. William Charles Fallon (Age 63)
CEO & Director
Comp: $2.43M

Mr. Anthony Matthew McKiernan (Age 53)
EVP, CFO & Treasurer
Comp: $1.3M

Mr. Jonathan Charles Harris (Age 51)
Gen. Counsel & Sec.
Comp: $885.67k

Mr. Daniel Michael Avitabile (Age 49)
Assistant VP and MBIA Insurance's Pres & Chief Risk Officer
Comp: $806.58k

Mr. Adam Thomas Bergonzi (Age 60)
Assistant VP & National's Chief Risk Officer
Comp: $1.26M

Mr. Christopher Harris Young (Age 50)
Assistant VP & National's Chief Financial Officer
Comp: $791.58k

Mr. Joseph Ralph Schachinger Sr. (Age 54)
Chief Accounting Officer, Assistant VP & Controller

Mr. Gregory R. Diamond
MD and Head of Investor & Media Relations

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

MBI Stock - Frequently Asked Questions

Should I buy or sell MBIA stock right now?: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MBIA in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MBI shares.
View MBI analyst ratings or view top-rated stocks.
What is MBIA's stock price forecast for 2023?: 3 Wall Street analysts have issued 1 year target prices for MBIA's shares. Their MBI share price forecasts range from $12.00 to $14.00. On average, they expect the company's stock price to reach $13.00 in the next year. This suggests a possible upside of 81.3% from the stock's current price.
View analysts price targets for MBI or view top-rated stocks among Wall Street analysts.
How have MBI shares performed in 2023?: MBIA's stock was trading at $12.85 at the beginning of the year. Since then, MBI shares have decreased by 44.2% and is now trading at $7.17.
View the best growth stocks for 2023 here.
When is MBIA's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our MBI earnings forecast.
How were MBIA's earnings last quarter?: MBIA Inc. (NYSE:MBI) released its quarterly earnings results on Wednesday, August, 2nd. The insurance provider reported ($0.45) EPS for the quarter, missing analysts' consensus estimates of ($0.24) by $0.21. The insurance provider earned $28 million during the quarter, compared to analysts' expectations of $31 million. During the same quarter last year, the firm posted ($0.93) earnings per share.
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.

What other stocks do shareholders of MBIA own?: Based on aggregate information from My MarketBeat watchlists, some companies that other MBIA investors own include Hovnanian Enterprises (HOV), Genworth Financial (GNW), Freeport-McMoRan (FCX), Advanced Micro Devices (AMD), Ford Motor (F), FireEye (FEYE), Chesapeake Energy (CHKAQ), Cleveland-Cliffs (CLF), Energy Transfer (ET) and Glu Mobile (GLUU).
What is MBIA's stock symbol?: MBIA trades on the New York Stock Exchange (NYSE) under the ticker symbol "MBI."
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is MBIA's stock price today?: One share of MBI stock can currently be purchased for approximately $7.17.
How much money does MBIA make?: MBIA (NYSE:MBI) has a market capitalization of $372.41 million and generates $154 million in revenue each year. The insurance provider earns $-203,000,000.00 in net income (profit) each year or ($5.04) on an earnings per share basis.
How can I contact MBIA?: MBIA's mailing address is 1 MANHATTANVILLE ROAD SUITE 301, PURCHASE NY, 10577. The official website for the company is www.mbia.com. The insurance provider can be reached via phone at (914) 273-4545, via email at greg.diamond@mbia.com, or via fax at 914-765-3177.

This page (NYSE:MBI) was last updated on 10/2/2023 by MarketBeat.com Staff

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