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
Current SymbolNYSE:MBI
Previous Symbol
CUSIP55262C10
Phone914-273-4545
Debt
Debt-to-Equity Ratio4.67
Current Ratio1.75
Quick Ratio1.75
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 / Sales1.88
Cash FlowN/A
Price / Cash FlowN/A
Book Value$15.52 per share
Price / Book0.58
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-1,605,000,000.00
Net Margins-73.92%
Return on Equity-25.28%
Return on Assets-3.55%
Miscellaneous
Employees103
Outstanding Shares90,690,000
Market Cap$796.26 million
OptionableOptionable
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 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 usually 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 results on Tuesday, November, 6th. The insurance provider reported ($0.35) earnings per share for the quarter, missing the consensus estimate of ($0.34) by $0.01. The insurance provider earned $105 million during the quarter, compared to analyst estimates of $58.50 million. MBIA had a negative net margin of 73.92% and a negative return on equity of 25.28%. The firm's quarterly revenue was up 218.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.91) earnings per share. View MBIA's Earnings History.
When is MBIA's next earnings date?
What is the consensus analysts' recommendation for MBIA?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MBIA in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for MBIA.
Has MBIA been receiving favorable news coverage?
News coverage about MBI stock has been trending somewhat positive this week, InfoTrie reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. MBIA earned a media sentiment score of 1.2 on InfoTrie's scale. They also gave news headlines about the insurance provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future.
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)
Who are MBIA's major shareholders?
MBIA's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc (8.64%), Vanguard Group Inc. (8.64%), Dimensional Fund Advisors LP (7.78%), BlackRock Inc. (6.68%), Kahn Brothers Group Inc. DE (5.02%) and Royce & Associates LP (4.08%). Company insiders that own MBIA stock include Charles R Rinehart, Fine Capital Partners, LP, Iain Weir-Jones, Joseph W Brown, Keith D Curry 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 Dimensional Fund Advisors LP, Royce & Associates LP, Thompson Siegel & Walmsley LLC, Morgan Stanley, Nordea Investment Management AB, Chou Associates Management Inc., Lombard Odier Asset Management USA Corp and Kahn Brothers Group Inc. DE. 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 Rubric Capital Management LP, Vanguard Group Inc, Vanguard Group Inc., Commonwealth Bank of Australia, Russell Investments Group Ltd., Teachers Advisors LLC, Man Group plc and Wagner Bowman Management Corp. 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 $8.99.
How big of a company is MBIA?
MBIA has a market capitalization of $796.26 million and generates $433 million in revenue each year. MBIA employs 103 workers across the globe.
What is MBIA's official website?
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.
