NYSE:MBI

MBIA (MBI) Stock Price, News & Analysis

$6.29
+0.21 (+3.45%)
(As of 04/23/2024 ET)
Today's Range
$6.11
$6.29
50-Day Range
$6.05
$6.88
52-Week Range
$5.21
$14.37
Volume
500,612 shs
Average Volume
321,834 shs
Market Capitalization
$322.55 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.25

MBIA MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
15.3% Upside
$7.25 Price Target
Short Interest
Healthy
3.70% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($0.30) to ($0.35) 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.

0.72 out of 5 stars

Finance Sector

795th out of 846 stocks

Surety Insurance Industry

8th 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

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Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
MBI Apr 2024 7.000 call
MBIA Inc. (MBI) Q4 2023 Earnings Call Transcript
Bitcoin Rockets To Record High But Buy THIS Instead
Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
Q4 2023 MBIA Inc Earnings Call
MBIA: Q4 Earnings Insights
MBIA: Q4 Earnings Snapshot
MBIA's Earnings Outlook
Here's what Wall Street expects from MBIA's earnings
MBIA Q4 2023 Earnings Preview
MBIA Stock (NYSE:MBI), Short Interest Report
MBIA (MBI) Rose on Dividend Announcement
MBI Jan 2024 12.000 put
MBIA Inc. (MBI)
See More Headlines
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Company Calendar

Last Earnings
2/28/2024
Today
4/24/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Surety insurance
Sub-Industry
Property & Casualty Insurance
CUSIP
55262C10
Employees
61
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.25
High Stock Price Target
$7.50
Low Stock Price Target
$7.00
Potential Upside/Downside
+15.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$-487,000,000.00
Net Margins
-425.26%
Pretax Margin
-6,914.29%

Debt

Sales & Book Value

Annual Sales
$7 million
Book Value
($32.21) per share

Miscellaneous

Free Float
44,205,000
Market Cap
$322.55 million
Optionable
Optionable
Beta
1.46
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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

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 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" MBI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MBI, but not buy additional shares or sell existing shares.
View MBI analyst ratings
or view top-rated stocks.

What is MBIA's stock price target for 2024?

3 brokers have issued twelve-month price targets for MBIA's shares. Their MBI share price targets range from $7.00 to $7.50. On average, they predict the company's share price to reach $7.25 in the next year. This suggests a possible upside of 15.3% 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 2024?

MBIA's stock was trading at $6.12 at the beginning of 2024. Since then, MBI shares have increased by 2.8% and is now trading at $6.29.
View the best growth stocks for 2024 here
.

When is MBIA's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our MBI earnings forecast
.

How were MBIA's earnings last quarter?

MBIA Inc. (NYSE:MBI) released its quarterly earnings results on Wednesday, February, 28th. The insurance provider reported ($0.16) earnings per share for the quarter, missing analysts' consensus estimates of $0.04 by $0.20. The insurance provider had revenue of ($31) million for the quarter, compared to analysts' expectations of $32 million. During the same period in the prior year, the firm earned $0.30 earnings per share.

How often does MBIA pay dividends? What is the dividend yield for MBIA?

MBIA announced a dividend on Thursday, December 7th. Stockholders of record on Monday, December 18th will be paid a dividend of $8.00 per share on Friday, December 22nd. The ex-dividend date of this dividend is Tuesday, December 26th.
Read our dividend analysis for MBI
.

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?
Who are MBIA's major shareholders?

MBIA's stock is owned by a number of institutional and retail investors. Top institutional investors include Park Avenue Securities LLC (0.05%). Insiders that own company stock include Richard C Vaughan, Steven J Gilbert and Theodore Shasta.
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.

This page (NYSE:MBI) was last updated on 4/24/2024 by MarketBeat.com Staff

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