MBIA (MBI) Stock Forecast, Price & News

3 Wall Street equities research 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 equities research analysts is that investors should "buy" MBI shares.
View MBI analyst ratings or view top-rated stocks.

3 brokerages have issued twelve-month price targets 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 54.4% from the stock's current price.
View analysts price targets for MBI or view top-rated stocks among Wall Street analysts.

MBIA's stock was trading at $12.85 on January 1st, 2023. Since then, MBI shares have decreased by 34.5% and is now trading at $8.42.
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MBIA saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 2,420,000 shares, an increase of 23.5% from the April 30th total of 1,960,000 shares. Based on an average trading volume of 589,500 shares, the short-interest ratio is presently 4.1 days. Currently, 5.1% of the company's shares are sold short.
View MBIA's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our MBI earnings forecast.

MBIA Inc. (NYSE:MBI) issued its quarterly earnings data on Tuesday, May, 9th. The insurance provider reported ($0.03) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.46) by $0.43. The insurance provider earned $2 million during the quarter, compared to the consensus estimate of $24 million. During the same period in the prior year, the business posted ($1.94) earnings per share.

iShares U.S. Insurance ETF holds 32,673 shares of MBI stock, representing 0.07% of its portfolio.

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.

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).

MBIA trades on the New York Stock Exchange (NYSE) under the ticker symbol "MBI."

MBIA's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (6.77%), Dimensional Fund Advisors LP (4.63%), Hosking Partners LLP (3.23%), London Co. of Virginia (2.87%), Valueworks LLC (2.15%) and State Street Corp (1.92%). Insiders that own company stock include Charles R Rinehart, Richard C Vaughan, Steven J Gilbert, Theodore Shasta and William C Fallon.
View institutional ownership trends.

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.
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One share of MBI stock can currently be purchased for approximately $8.42.

MBIA (NYSE:MBI) has a market capitalization of $462.09 million and generates $154 million in revenue each year. The insurance provider earns $-203,000,000.00 in net income (profit) each year or ($4.30) on an earnings per share basis.

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.