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 Ratio2.34
Current Ratio1.83
Quick Ratio1.83
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 / Sales1.97
Cash FlowN/A
Price / CashN/A
Book Value$15.52 per share
Price / Book0.61
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-1,605,000,000.00
Net Margins-380.19%
Return on Equity-30.18%
Return on Assets-5.15%
Miscellaneous
Employees103
Outstanding Shares90,480,000
Market Cap$849.62
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 declared that its Board of Directors has initiated a share repurchase plan on Wednesday, November 8th 2017, which allows the company to repurchase $250,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.
How were MBIA's earnings last quarter?
MBIA Inc. (NYSE:MBI) released its quarterly earnings data on Wednesday, May, 9th. The insurance provider reported ($0.69) earnings per share for the quarter, missing the consensus estimate of ($0.29) by $0.40. The insurance provider had revenue of $73 million for the quarter, compared to analysts' expectations of $76.60 million. MBIA had a negative net margin of 380.19% and a negative return on equity of 30.18%. The firm's quarterly revenue was down 5.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.07 earnings per share. View MBIA's Earnings History.
When is MBIA's next earnings date?
What price target have analysts set for MBI?
3 brokerages have issued 1-year price targets for MBIA's stock. Their forecasts range from $14.00 to $15.00. On average, they expect MBIA's stock price to reach $14.50 in the next year. This suggests a possible upside of 53.9% from the stock's current price. View Analyst Ratings 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."
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?
Headlines about MBI stock have trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research firm identifies negative and positive news 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 media sentiment score of 0.12 on Accern's scale. They also assigned headlines about the insurance provider an impact score of 47.75 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
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 $9.42.
How big of a company is MBIA?
MBIA has a market capitalization of $849.62 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.
