NYSE:MBIMBIA Stock Price, Forecast & News

MBIA's stock was trading at $7.13 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, MBI shares have decreased by 0.7% and is now trading at $7.08. View which stocks have been most impacted by Coronavirus.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MBIA in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for MBIA.

MBIA is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for MBIA.

MBIA Inc. (NYSE:MBI) released its quarterly earnings data on Monday, May, 11th. The insurance provider reported ($0.65) earnings per share for the quarter, missing the consensus estimate of ($0.17) by $0.48. The insurance provider had revenue of ($6) million for the quarter, compared to analysts' expectations of $44.63 million. MBIA had a negative net margin of 128.21% and a negative return on equity of 11.99%. During the same quarter in the previous year, the company posted $0.45 EPS. View MBIA's earnings history.

1 equities research analysts have issued 1 year price targets for MBIA's stock. Their forecasts range from $14.00 to $14.00. On average, they expect MBIA's stock price to reach $14.00 in the next twelve months. This suggests a possible upside of 97.7% from the stock's current price. View analysts' price targets for MBIA.

News articles about MBI stock have been trending negative recently, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. MBIA earned a media sentiment score of -2.6 on InfoTrie's scale. They also gave media coverage about the insurance provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutMBIA.

MBIA saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 7,140,000 shares, an increase of 6.9% from the April 30th total of 6,680,000 shares. Based on an average daily trading volume, of 862,000 shares, the short-interest ratio is currently 8.3 days. Currently, 10.4% of the shares of the stock are short sold. View MBIA's Current Options Chain.

Some companies that are related to MBIA include Berkshire Hathaway (BRK.B), Progressive (PGR), Allstate (ALL), Travelers Companies (TRV), Markel (MKL), Arch Capital Group (ACGL), W. R. Berkley (WRB), Cincinnati Financial (CINF), Fidelity National Financial (FNF), Erie Indemnity (ERIE), Cna Financial (CNA), First American Financial (FAF), Old Republic International (ORI), Hanover Insurance Group (THG) and RLI (RLI). View all competitors.

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), Cleveland-Cliffs (CLF), FireEye (FEYE), Chesapeake Energy (CHK), Energy Transfer LP Unit (ET), Ford Motor (F), Glu Mobile (GLUU) and General Motors (GM).

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

MBIA's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.97%), Kahn Brothers Group Inc. DE (6.69%), London Co. of Virginia (5.17%), EJF Capital LLC (5.01%), State Street Corp (2.19%) and Geode Capital Management LLC (1.48%). Company insiders that own MBIA stock include Fine Capital Partners, LP, Richard C Vaughan and Theodore Shasta. View institutional ownership trends for MBIA.

MBI stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, X Square Capital LLC, Kahn Brothers Group Inc. DE, BlackRock Inc., JPMorgan Chase & Co., State Street Corp, Parametric Portfolio Associates LLC, and Invesco Ltd.. Company insiders that have sold MBIA company stock in the last year include Richard C Vaughan, and Theodore Shasta. View insider buying and selling activity for MBIA.

MBI stock was acquired by a variety of institutional investors in the last quarter, including EJF Capital LLC, Valueworks LLC, Geode Capital Management LLC, South Dakota Investment Council, Headinvest LLC, Envestnet Asset Management Inc., KBC Group NV, and SG Americas Securities LLC. View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of MBI stock can currently be purchased for approximately $7.08.

MBIA has a market capitalization of $479.32 million and generates $280 million in revenue each year. MBIA employs 96 workers across the globe.

The official website for MBIA is www.mbia.com.

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.