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.
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Industry, Sector and Symbol
Industry Surety insurance
Sub-IndustryProperty & Casualty Insurance
SectorFinance
Phone914-273-4545
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$162 million
Profitability
Miscellaneous
Employees96
Next Earnings Date11/5/2019 (Estimated)
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 announced that its board has approved a stock buyback program 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 purchase shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company's leadership believes its stock is undervalued.
How were MBIA's earnings last quarter?
MBIA Inc. (NYSE:MBI) announced its quarterly earnings results on Tuesday, August, 6th. The insurance provider reported ($0.90) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.14) by $0.76. The insurance provider earned $30 million during the quarter, compared to analyst estimates of $51.43 million. During the same quarter in the previous year, the business posted ($0.58) EPS. View MBIA's Earnings History.
When is MBIA's next earnings date?
What price target have analysts set for MBI?
1 equities research analysts have issued 1 year price objectives for MBIA's stock. Their forecasts range from $14.00 to $14.00. On average, they anticipate MBIA's share price to reach $14.00 in the next twelve months. This suggests a possible upside of 43.1% from the stock's current price. View Analyst Price Targets for MBIA.
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 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for MBIA.
Has MBIA been receiving favorable news coverage?
Media coverage about MBI stock has been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of 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 nearest to five being the most favorable. MBIA earned a daily sentiment score of -1.9 on InfoTrie's scale. They also gave media headlines about the insurance provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for MBIA.
Are investors shorting MBIA?
MBIA saw a drop in short interest during the month of September. As of September 30th, there was short interest totalling 11,200,000 shares, a drop of 8.9% from the August 30th total of 12,290,000 shares. Based on an average daily volume of 762,800 shares, the short-interest ratio is currently 14.7 days. Approximately 14.3% of the company's shares are short sold. View MBIA's Current Options Chain.
Who are some of MBIA's key competitors?
What other stocks do shareholders of MBIA own?
Who are MBIA's key executives?
MBIA's management team includes the folowing people:
- Mr. William Charles Fallon, CEO & Director (Age 59)
- Mr. Anthony Matthew McKiernan, Exec. VP & CFO (Age 49)
- Mr. Jonathan Charles Harris, Gen. Counsel & Sec. (Age 47)
- Mr. Joseph Ralph Schachinger Sr., Assistant VP, Chief Accounting Officer & Controller (Age 50)
- Mr. Greg Diamond, Managing Director of Investor and Media Relations
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, Robinhood, Fidelity and Charles Schwab.
What is MBIA's stock price today?
One share of MBI stock can currently be purchased for approximately $9.78.
How big of a company is MBIA?
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.
