MBIA Inc. is a holding company. The Company, through its subsidiaries, is engaged in the financial guarantee insurance businesses in the industry. The Company manages its business within three segments: United States (U.S.) public finance insurance; corporate, and international and structured finance insurance. The U.S. public finance insurance business is primarily operated through National Public Finance Guarantee Corporation. The corporate segment consists of general corporate activities, including providing general support services, including management, legal, accounting, treasury, information technology, and insurance portfolio surveillance, to other operating businesses, and asset and capital management. The international and structured finance insurance business is primarily operated through MBIA Insurance Corporation and its subsidiaries.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Property & Casualty Insurance - NEC
- Sub-Industry: Property & Casualty Insurance
- Symbol: NYSE:MBI
- CUSIP: 55262C10
- Web: www.mbia.com
Capitalization:- Market Cap: $1.34 billion
- Outstanding Shares: 129,428,000
Average Prices:- 50 Day Moving Avg: $9.21
- 200 Day Moving Avg: $9.35
- 52 Week Range: $7.14 - $11.65
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 35.62
- P/E Growth: 4.360
Sales & Book Value:- Annual Revenue: $277 million
- Price / Sales: 4.83
- Book Value: $24.73 per share
- Price / Book: 0.42
Profitability:- Return on Equity: 0.68%
- Return on Assets: 0.20%
Debt:- Debt-to-Equity Ratio: 1.01%
- Current Ratio: 2.31%
- Quick Ratio: 2.31%
Misc:- Average Volume: 1.99 million shs.
- Beta: 2.46
- Short Ratio: 8.5
Frequently Asked Questions for MBIA (NYSE:MBI)
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 of Directors has approved a share buyback program on Wednesday, June 28th 2017, which allows the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 21.7% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's leadership believes its stock is undervalued.
How were MBIA's earnings last quarter?
MBIA, Inc. (NYSE:MBI) posted its quarterly earnings data on Wednesday, May, 10th. The company reported $0.07 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.04 by $0.03. The business earned $77 million during the quarter, compared to analyst estimates of $95.20 million. During the same quarter in the previous year, the company posted ($0.58) EPS. View MBIA's Earnings History.
Where is MBIA's stock going? Where will MBIA's stock price be in 2017?
2 brokerages have issued 1-year price objectives for MBIA's stock. Their predictions range from $14.00 to $15.00. On average, they anticipate MBIA's stock price to reach $14.50 in the next twelve months. View Analyst Ratings for MBIA.
Who are some of MBIA's key competitors?
Some companies that are related to MBIA include RLI Corp. (RLI), Saga PLC (SAGA), Argo Group International Holdings (AGII), OneBeacon Insurance Group (OB), The Navigators Group (NAVG), Horace Mann Educators Corporation (HMN), Lancashire Holdings Limited (LRE), Employers Holdings (EIG), Esure Group PLC (ESUR), James River Group Holdings (JRVR), State Auto Financial Corporation (STFC), Universal Insurance Holdings (UVE), Kinsale Capital Group (KNSL), State National Companies (SNC), EMC Insurance Group (EMCI), First Financial Corporation Indiana (THFF), HCI Group (HCI) and Donegal Group (DGICA).
Who are MBIA's key executives?
MBIA's management team includes the folowing people:
- William C. Fallon, President, Chief Operating Officer
- Joseph W. Brown Jr., Chief Executive Officer, Director
- Anthony McKiernan, Chief Financial Officer, Executive Vice President
- Ram David Wertheim, Executive Vice President, Chief Legal Officer, Secretary
- Maryann Bruce, Independent Director
- Francis Y. Chin, Independent Director
- Keith D. Curry, Independent Director
- Steven J. Gilbert, Independent Director
- Charles R. Rinehart, Independent Director
Who owns MBIA stock?
MBIA's stock is owned by a number of of retail and institutional investors. Top institutional investors include Creative Planning (0.11%), Headinvest LLC (0.05%), Mount Vernon Associates Inc. MD (0.03%), Aperio Group LLC (0.02%) and Carl Domino Inc (0.01%). Company insiders that own MBIA stock include Charles R Rinehart, Iain Weir-Jones, Joseph W Brown, Keith D Curry, Ram D Wertheim, Richard C Vaughan, Sean Carney and Steven J Gilbert. View Institutional Ownership Trends for MBIA.
Who sold MBIA stock? Who is selling MBIA stock?
MBIA's stock was sold by a variety of institutional investors in the last quarter, including Mount Vernon Associates Inc. MD, Aperio Group LLC and Creative Planning. Company insiders that have sold MBIA stock in the last year include Joseph W Brown, Ram D Wertheim and Richard C Vaughan. View Insider Buying and Selling for MBIA.
How do I buy MBIA stock?
Shares of MBIA can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is MBIA's stock price today?
One share of MBIA stock can currently be purchased for approximately $10.33.
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for MBIA (NYSE:MBI) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Buy Ratings |
| Consensus Rating: | Buy (Score: 3.00) |
| Consensus Price Target: | $14.50 (40.37% upside) |
Analysts' Ratings History for MBIA (NYSE:MBI)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 7/14/2017 | BTIG Research | Reiterated Rating | Buy | $14.00 | Low |  |
| 3/2/2017 | MKM Partners | Reiterated Rating | Buy | $15.00 | N/A | |
| 6/15/2016 | S&P Equity Research | Reiterated Rating | Positive | | N/A | |
| 4/25/2016 | Keefe, Bruyette & Woods | Initiated Coverage | Market Perform | $8.50 | N/A | |
(Data available from 7/24/2015 forward)
Earnings History for MBIA (NYSE:MBI)Earnings History by Quarter for MBIA (NYSE MBI)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/10/2017 | Q1 2017 | $0.04 | $0.07 | $95.20 million | $77.00 million | View | N/A | |
| 3/1/2017 | Q416 | $0.11 | ($0.05) | $72.80 million | ($59.00) million | View | Listen | |
| 11/8/2016 | Q316 | $0.12 | $0.04 | $70.60 million | $203.00 million | View | Listen | |
| 8/8/2016 | Q216 | $0.10 | $0.12 | $75.25 million | $118.00 million | View | N/A | |
| 5/9/2016 | Q116 | $0.13 | $0.12 | $136.60 million | $32.00 million | View | N/A | |
| 2/29/2016 | Q415 | $0.12 | $0.07 | $81.30 million | $297.00 million | View | Listen | |
| 11/4/2015 | Q315 | $0.12 | $0.15 | $82.50 million | $92.00 million | View | N/A | |
| 8/4/2015 | Q215 | $0.09 | $0.11 | $150.60 million | $245.00 million | View | N/A | |
| 5/11/2015 | Q115 | $0.16 | $0.37 | $111.90 million | $219.00 million | View | N/A | |
| 3/2/2015 | Q414 | $0.02 | $0.10 | $79.90 million | $215.00 million | View | N/A | |
| 11/5/2014 | Q314 | $0.04 | $0.80 | $90.90 million | $291.00 million | View | N/A | |
| 8/6/2014 | Q214 | $0.07 | $0.45 | $94.20 million | $187.00 million | View | N/A | |
| 5/12/2014 | Q114 | $0.06 | $1.32 | $93.45 million | $88.00 million | View | N/A | |
| 3/3/2014 | Q413 | $0.06 | $0.68 | $102.15 million | | View | N/A | |
| 11/12/2013 | Q313 | ($0.03) | $0.67 | $107.50 million | $74.00 million | View | Listen | |
| 8/7/2013 | Q2 2013 | $0.19 | ($0.92) | $100.25 million | | View | N/A | |
| 5/9/2013 | Q1 2013 | $0.23 | $0.84 | $104.00 million | $219.00 million | View | N/A | |
| 2/27/2013 | Q4 2012 | $0.16 | $3.26 | $107.50 million | | View | N/A | |
| 11/7/2012 | | $0.18 | $0.04 | $106.25 million | | View | N/A | |
| 8/8/2012 | | $0.20 | $2.98 | | | View | N/A | |
| 5/10/2012 | | $0.18 | $0.05 | | | View | N/A | |
| 2/29/2012 | | $0.21 | ($3.23) | | | View | N/A | |
| 11/9/2011 | | $0.30 | $2.26 | | | View | N/A | |
| 8/9/2011 | | ($0.15) | $0.68 | | | View | N/A | |
| 5/10/2011 | | $0.21 | ($5.68) | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for MBIA (NYSE:MBI)Current Year EPS Consensus Estimate: $0.24 EPS
Next Year EPS Consensus Estimate: $0.29 EPS
Dividend History for MBIA (NYSE:MBI)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for MBIA (NYSE:MBI)Insider Ownership Percentage: 4.11%
Institutional Ownership Percentage: 89.84%
Insider Trades by Quarter for MBIA (NYSE:MBI)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 6/28/2017 | Charles R Rinehart | Director | Buy | 40,000 | $9.25 | $370,000.00 | |
| 6/21/2017 | Steven J Gilbert | Director | Buy | 87,033 | $8.86 | $771,112.38 | |
| 6/19/2017 | Steven J Gilbert | Director | Buy | 50,000 | $8.96 | $448,000.00 | |
| 3/22/2017 | Keith D Curry | Director | Buy | 2,000 | $8.12 | $16,240.00 | |
| 2/17/2017 | Iain Weir-Jones | Director | Buy | 150,000 | $0.04 | $6,000.00 | |
| 12/8/2016 | Ram D. Wertheim | EVP | Sell | 60,000 | $10.95 | $657,000.00 | |
| 11/28/2016 | Joseph W. Brown | CEO | Sell | 248,433 | $10.10 | $2,509,173.30 | |
| 8/11/2016 | Richard C Vaughan | Director | Sell | 3,000 | $8.21 | $24,630.00 | |
| 12/31/2015 | Iain Weir-Jones | Director | Buy | 54,000 | $0.05 | $2,700.00 | |
| 12/31/2015 | Joseph W Brown | CEO | Sell | 30,000 | $6.49 | $194,700.00 | |
| 12/29/2015 | Keith D Curry | Director | Buy | 5,000 | $6.57 | $32,850.00 | |
| 8/24/2015 | Keith D Curry | Director | Buy | 5,000 | $6.29 | $31,450.00 | |
| 8/13/2015 | Sean Carney | Director | Sell | 18,372,877 | $6.39 | $117,402,684.03 | |
| 6/19/2015 | Joseph W Brown | CEO | Buy | 75,000 | $8.98 | $673,500.00 | |
| 6/5/2015 | Toby Weir-Jones | Director | Buy | 1,000 | $0.06 | $58.80 | |
| 5/22/2015 | Pincus Private Equity Warburg | Major Shareholder | Sell | 27,250,000 | $8.73 | $237,892,500.00 | |
| 4/7/2015 | Toby Weir-Jones | Director | Buy | 35,000 | $0.07 | $2,485.00 | |
| 12/12/2014 | Joseph W Brown | CEO | Sell | 75,000 | $9.28 | $696,000.00 | |
| 6/3/2014 | Joseph W Brown | CEO | Buy | 62,165 | $11.71 | $727,952.15 | |
| 5/23/2013 | Joseph W Brown | CEO | Sell | 749,000 | $14.50 | $10,860,500.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for MBIA (NYSE:MBI)
Latest Headlines for MBIA (NYSE:MBI)
| Source: |
|
| Date | Headline |
|---|
 | 11.7% of VFH Holdings Seeing Recent Insider Buys
www.nasdaq.com - July 24 at 12:57 PM |
 | MBIA Sees Unusually High Options Volume (NYSE:MBI)
www.americanbankingnews.com - July 21 at 7:18 AM |
 | National Public Finance Guarantee Corporation Takes Legal Action to Lift the PROMESA Stay to Seek the Appointment of a Receiver and Compel a Rate Increase in Accordance with ...
www.businesswire.com - July 18 at 11:09 PM |
 | National Public Finance Guarantee Corporation Takes Legal Action to Lift the PROMESA Stay to Seek the Appointment of a Receiver and Compel a Rate Increase in Accordance with Puerto Rico law and PREPA’s Trust Agreement
finance.yahoo.com - July 18 at 11:09 PM |
| [$$] Puerto Rico's Troubles Create New Opportunities for Investors
finance.yahoo.com - July 17 at 1:13 PM |
| MBIA's (NYSE:MBI) "Buy" Rating Reiterated at BTIG Research
www.americanbankingnews.com - July 14 at 7:58 PM |
| ETFs with exposure to MBIA, Inc. : July 13, 2017
finance.yahoo.com - July 14 at 6:20 AM |
| 'Unshackled' from Rating Agencies, MBIA Seems Ready to Return Capital to Shareholders
finance.yahoo.com - July 13 at 6:39 AM |
| MBIA, Inc. (NYSE:MBI) Raised to "Hold" at BidaskClub
www.americanbankingnews.com - July 8 at 6:00 PM |
| After S&P Downgrade, MBIA to Stop Seeking New Business
finance.yahoo.com - July 5 at 9:43 PM |
| MBIA Target of Unusually High Options Trading (MBI)
www.americanbankingnews.com - July 1 at 7:18 AM |
 | Puerto Rico's Oversight Board Seeks Bankruptcy for Power Company
www.bloomberg.com - July 1 at 5:39 AM |
| National Criticizes Puerto Rico Oversight Board For Its Improper and Unfortunate Decision to Authorize Title III Bankruptcy Filing for PREPA
finance.yahoo.com - July 1 at 12:37 AM |
| MBIA, Inc. (MBI) Director Charles R. Rinehart Purchases 40,000 Shares
www.americanbankingnews.com - June 30 at 2:09 PM |
| WISE 2006-1 PLC -- Moody's places on review for upgrade GBP 30M notes issued by WISE 2006-1 PLC
finance.yahoo.com - June 30 at 1:22 AM |
| National Takes Action to Extend PREPA Restructuring Support Agreement
finance.yahoo.com - June 30 at 1:22 AM |
| MBIA, Inc. (MBI) Rating Increased to Sell at BidaskClub
www.americanbankingnews.com - June 29 at 7:56 PM |
 | MBIA's National Public Finance Guarantee (MBI) Issues Statement on Puerto Rico Oversight Board Decision to Not Approve PREPA RSA
www.streetinsider.com - June 28 at 8:08 PM |
| National Public Finance Guarantee Corporation Issues Statement on Puerto Rico Oversight Board Decision to Not Approve PREPA RSA
finance.yahoo.com - June 28 at 8:08 PM |
| MBIA Target of Unusually Large Options Trading (MBI)
www.americanbankingnews.com - June 28 at 7:24 PM |
| MBIA (MBI) to Repurchase $250.00 million in Outstanding Stock
www.americanbankingnews.com - June 28 at 11:12 AM |
 | Puerto Rico oversight board rejects $9 bln debt restructuring deal -WSJ
www.businessinsider.com - June 28 at 7:56 AM |
 | BRIEF-MBIA says board approved new share repurchase authorization for co
www.reuters.com - June 28 at 7:56 AM |
 | National Public Finance Guarantee Corporation Files Lawsuit to Ensure Viability of Puerto Rico Electric Power Authority
www.marketwatch.com - June 27 at 6:34 PM |
| MBIA's (MBI) Buy Rating Reaffirmed at BTIG Research
www.americanbankingnews.com - June 27 at 8:06 AM |
| National Public Finance Guarantee Corporation Comments on Standard & Poor's Downgrade of National's Financial Strength Rating
www.nasdaq.com - June 27 at 2:22 AM |
| National Public Finance Guarantee Corporation Comments on Standard & Poor’s Downgrade of National’s Financial Strength Rating
finance.yahoo.com - June 27 at 2:22 AM |
| Insider Buying: MBIA, Inc. (MBI) Director Purchases 50,000 Shares of Stock
www.americanbankingnews.com - June 21 at 10:26 PM |
| MBIA, Inc. (MBI) Director Steven J. Gilbert Purchases 87,033 Shares
www.americanbankingnews.com - June 21 at 7:22 PM |
| Servicing transfer to SLS from Ditech on three HELOC RMBS has no negative ratings impact
finance.yahoo.com - June 20 at 7:22 PM |
 | Northeastern's new business school dean has his eyes on growth
www.bizjournals.com - June 14 at 9:53 AM |
| MBIA, Inc. breached its 50 day moving average in a Bullish Manner : MBI-US : June 8, 2017
finance.yahoo.com - June 8 at 10:28 AM |
| MBIA Inc. Responds to S&P Placing National’s Rating on CreditWatch Negative
finance.yahoo.com - June 6 at 7:09 PM |
| MBIA Inc. (MBI) Stock Rating Reaffirmed by BTIG Research
www.americanbankingnews.com - May 27 at 7:00 PM |
| MBIA (MBI): Company Expects No Hit To Liquidity Despite Puerto Rico Issues - BTIG
www.streetinsider.com - May 24 at 6:30 PM |
| Seattle (City of) WA -- Moody's Assigns Aa1 to Seattle (WA) Drainage and Wastewater Revenue Bonds
finance.yahoo.com - May 23 at 10:35 AM |
| ETFs with exposure to MBIA, Inc. : May 15, 2017
finance.yahoo.com - May 15 at 5:50 PM |
| Edited Transcript of MBI earnings conference call or presentation 11-May-17 12:00pm GMT
finance.yahoo.com - May 12 at 7:04 PM |
| MBIA, Inc. breached its 50 day moving average in a Bullish Manner : MBI-US : May 12, 2017
finance.yahoo.com - May 12 at 7:04 PM |
| MBIA, Inc. :MBI-US: Earnings Analysis: Q1, 2017 By the Numbers : May 12, 2017
finance.yahoo.com - May 12 at 7:04 PM |
| MBIA Inc. (MBI) Given $12.00 Average Target Price by Analysts
www.americanbankingnews.com - May 12 at 2:38 PM |
 | MBIA's (MBI) CEO Joseph Brown on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 12 at 1:58 AM |
| MBIA Inc. (MBI) Issues Quarterly Earnings Results
www.americanbankingnews.com - May 11 at 11:34 PM |
| MBIA Inc. (MBI) Given "Buy" Rating at BTIG Research
www.americanbankingnews.com - May 11 at 7:52 PM |
 | Why MBIA Inc. Stock Just Jumped 10%
www.fool.com - May 11 at 4:16 PM |
 | MBIA Inc. Reveals 44% Drop In Q1 Profit
www.rttnews.com - May 11 at 4:02 AM |
| BRIEF-MBIA Q1 gaap loss per share $0.55
www.businessinsider.com - May 11 at 4:02 AM |
| Bond insurer MBIA's quarterly loss narrows
finance.yahoo.com - May 10 at 5:59 PM |
| MBIA reports 1Q loss
finance.yahoo.com - May 10 at 5:59 PM |
| MBIA Inc. Investor Conference Call To Discuss First Quarter 2017 Financial Results Scheduled for Thursday, May 11 at 8:00 A.M. Eastern Time
finance.yahoo.com - May 5 at 6:24 PM |
MBIA (MBI) Chart for Monday, July, 24, 2017
