MBIA Inc. provides financial guarantee insurance services to public finance markets. It operates through 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 and territories, as well as utilities, airports, health care institutions, higher educational facilities, student loan issuers, 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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Surety insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
SymbolNYSE:MBI
CUSIP55262C10
Phone914-273-4545
Debt
Debt-to-Equity Ratio4.91
Current Ratio1.79
Quick Ratio1.79
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$433 million
Price / Sales2.31
Cash FlowN/A
Price / CashN/A
Book Value$15.52 per share
Price / Book0.71
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-1,605,000,000.00
Net Margins-148.51%
Return on Equity-28.41%
Return on Assets-4.33%
Miscellaneous
Employees103
Outstanding Shares90,690,000
Market Cap$975.82 million
MBIA (NYSE:MBI) Frequently Asked Questions
What is MBIA's stock symbol?
MBIA trades on the New York Stock Exchange (NYSE) under the ticker symbol "MBI."
How will MBIA's stock buyback program work?
MBIA announced that its board has approved a stock buyback program on Wednesday, November 8th 2017, which authorizes the company to buyback $250,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's management believes its stock is undervalued.
How were MBIA's earnings last quarter?
MBIA Inc. (NYSE:MBI) issued its earnings results on Wednesday, August, 8th. The insurance provider reported ($0.58) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.34) by $0.24. The insurance provider earned $12 million during the quarter, compared to the consensus estimate of $62.27 million. MBIA had a negative net margin of 148.51% and a negative return on equity of 28.41%. During the same period in the prior year, the company earned ($1.09) EPS. View MBIA's Earnings History.
When is MBIA's next earnings date?
What price target have analysts set for MBI?
3 analysts have issued 12 month target prices for MBIA's stock. Their predictions range from $14.00 to $14.00. On average, they anticipate MBIA's stock price to reach $14.00 in the next twelve months. This suggests a possible upside of 27.2% from the stock's current price. View Analyst Price Targets for MBIA.
What is the consensus analysts' recommendation for MBIA?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MBIA in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for MBIA.
Are investors shorting MBIA?
MBIA saw a decline in short interest in July. As of July 31st, there was short interest totalling 23,116,290 shares, a decline of 3.1% from the July 13th total of 23,851,448 shares. Based on an average trading volume of 985,705 shares, the short-interest ratio is currently 23.5 days. Approximately 27.2% of the shares of the company are short sold. View MBIA's Current Options Chain.
Who are some of MBIA's key competitors?
Who are MBIA's key executives?
MBIA's management team includes the folowing people:
- Mr. William Charles Fallon, CEO & Director (Age 58)
- Mr. Anthony Matthew McKiernan, Exec. VP & CFO (Age 48)
- Mr. Jonathan Charles Harris, Gen. Counsel & Sec. (Age 46)
- Mr. Daniel Michael Avitabile, Assistant VP (Age 44)
- Mr. Adam Thomas Bergonzi, Assistant VP (Age 55)
Has MBIA been receiving favorable news coverage?
News coverage about MBI stock has trended somewhat positive this week, Accern reports. The research firm identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. MBIA earned a coverage optimism score of 0.16 on Accern's scale. They also assigned press coverage about the insurance provider an impact score of 45.56 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future. View Recent Headlines for MBIA.
Who are MBIA's major shareholders?
MBIA's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.53%), BlackRock Inc. (6.68%), Kahn Brothers Group Inc. DE (5.10%), OppenheimerFunds Inc. (5.08%), Royce & Associates LP (4.31%) and Russell Investments Group Ltd. (2.51%). Company insiders that own MBIA stock include Charles R Rinehart, Fine Capital Partners, LP, Iain Weir-Jones, Joseph W Brown, Keith D Curry, Ram D Wertheim and Steven J Gilbert. View Institutional Ownership Trends for MBIA.
Which major investors are selling MBIA stock?
MBI stock was sold by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Thompson Siegel & Walmsley LLC, Russell Investments Group Ltd., Royce & Associates LP, Proxima Capital Management LLC, BlackRock Inc., California Public Employees Retirement System and Taylor Asset Management Inc.. View Insider Buying and Selling for MBIA.
Which major investors are buying MBIA stock?
MBI stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Schwab Charles Investment Management Inc., Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, GSA Capital Partners LLP, KBC Group NV and Cubist Systematic Strategies LLC. Company insiders that have bought MBIA stock in the last two years include Charles R Rinehart, Iain Weir-Jones, Joseph W Brown, Keith D Curry and Steven J Gilbert. View Insider Buying and Selling for MBIA.
How do I buy shares of MBIA?
Shares of MBI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is MBIA's stock price today?
One share of MBI stock can currently be purchased for approximately $11.01.
How big of a company is MBIA?
MBIA has a market capitalization of $975.82 million and generates $433 million in revenue each year. MBIA employs 103 workers across the globe.
How can I contact MBIA?
MBIA's mailing address is 1 MANHATTANVILLE ROAD SUITE 301, PURCHASE NY, 10577. The insurance provider can be reached via phone at 914-273-4545.
MarketBeat Community Rating for MBIA (NYSE MBI)
MarketBeat's community ratings are surveys of what our community members think about MBIA and other stocks. Vote "Outperform" if you believe MBI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MBI will underperform the S&P 500 over the long term. You may vote once every thirty days.
