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
- Sub-Industry: Property & Casualty Insurance
- Symbol: NYSE:MBI
- CUSIP: 55262C10
- Web: www.mbia.com
Capitalization:- Market Cap: $1.21413 billion
- Outstanding Shares: 125,816,000
Average Prices:- 50 Day Moving Avg: $10.12
- 200 Day Moving Avg: $9.18
- 52 Week Range: $7.14 - $11.65
P/E:- Trailing P/E Ratio: N/A
- P/E Growth: -1.27
Sales & Book Value:- Annual Revenue: $237 million
- Price / Sales: 5.35
- Book Value: $15.45 per share
- Price / Book: 0.65
Profitability:- Return on Equity: -4.33%
- Return on Assets: -1.20%
Debt:- Debt-to-Equity Ratio: 1.69%
- Current Ratio: 2.37%
- Quick Ratio: 2.37%
Misc:- Average Volume: 1.83 million shs.
- Beta: 2.45
- 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 has authorized a stock buyback program on Wednesday, June 28th 2017, which authorizes the company to repurchase $250,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 21.7% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board believes its shares are undervalued.
How were MBIA's earnings last quarter?
MBIA, Inc. (NYSE:MBI) released its quarterly earnings data on Tuesday, August, 8th. The company reported ($1.09) EPS for the quarter, missing analysts' consensus estimates of $0.01 by $1.10. The company had revenue of $72 million for the quarter, compared to the consensus estimate of $87.85 million. MBIA's revenue for the quarter was down 39.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.12 EPS. View MBIA's Earnings History.
When will MBIA make its next earnings announcement?
Where is MBIA's stock going? Where will MBIA's stock price be in 2017?
2 analysts have issued 12-month 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 year. 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), Employers Holdings (EIG), Lancashire Holdings Limited (LRE), James River Group Holdings (JRVR), Esure Group PLC (ESUR), United Fire Group (UFCS), State Auto Financial Corporation (STFC), Kinsale Capital Group (KNSL), State National Companies (SNC), Universal Insurance Holdings (UVE), United Insurance Holdings Corp. (UIHC), EMC Insurance Group (EMCI) and First Financial Corporation Indiana (THFF).
Who are MBIA's key executives?
MBIA's management team includes the folowing people:
- William C. Fallon, President, Chief Executive Officer, Chief Operating Officer, Director
- Joseph W. Brown Jr., Director
- Anthony McKiernan, Chief Financial Officer, Executive Vice President
- Ram David Wertheim, Executive Vice President, Chief Legal Officer, Secretary
- Francis Y. Chin, Independent Director
- Steven J. Gilbert, Independent Director
- Charles R. Rinehart, Independent Director
- Theodore E. Shasta, Independent Director
- Richard C. Vaughan, Independent Director
Who owns MBIA stock?
MBIA's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.85%), Vanguard Group Inc. (8.03%), Hosking Partners LLP (4.54%), Fine Capital Partners L.P. (3.67%), Kahn Brothers Group Inc. DE (3.46%) and Royce & Associates LP (2.99%). 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 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 Russell Investments Group Ltd., GSA Capital Partners LLP, Royce & Associates LP, Ameriprise Financial Inc., California Public Employees Retirement System, Vanguard Group Inc., Stifel Financial Corp and California State Teachers Retirement System. Company insiders that have sold MBIA stock in the last year include Joseph W Brown and Ram D Wertheim. View Insider Buying and Selling for MBIA.
Who bought MBIA stock? Who is buying MBIA stock?
MBIA's stock was acquired by a variety of institutional investors in the last quarter, including Fine Capital Partners L.P., Nordea Investment Management AB, Proxima Capital Management LLC, Taylor Asset Management Inc., Thompson Siegel & Walmsley LLC, Clear Harbor Asset Management LLC, GLG Partners LP and State Street Corp. Company insiders that have bought MBIA stock in the last two years include Charles R Rinehart, Iain Weir-Jones, Keith D Curry and Steven J Gilbert. 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 $10.08.
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 (43.85% upside) |
Analysts' Ratings History for MBIA (NYSE:MBI)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 9/6/2017 | BTIG Research | Reiterated Rating | Buy | $14.00 | Medium |  |
| 8/11/2017 | MKM Partners | Reiterated Rating | Buy | $15.00 | Medium | |
| 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 9/23/2015 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 |
|---|
| 11/7/2017 | | $0.10 | | | | | N/A | |
| 8/8/2017 | Q2 2017 | $0.01 | ($1.09) | $87.85 million | $72.00 million | View | Listen | |
| 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)No earnings estimates for this company have been tracked by MarketBeat.com
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: 92.03%
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 |
|---|
 | MBIA, Inc. breached its 50 day moving average in a Bearish Manner : MBI-US : September 22, 2017
finance.yahoo.com - September 23 at 8:03 AM |
| Is It The Right Time To Buy MBIA Inc (MBI)?
finance.yahoo.com - September 23 at 8:03 AM |
 | Financial Contrast: MBIA (MBI) versus XL Group (XL)
www.americanbankingnews.com - September 22 at 12:18 PM |
 | MBI: Insiders vs. Shorts
www.nasdaq.com - September 21 at 6:00 PM |
| Stocks With Rising Relative Price Strength: MBIA
finance.yahoo.com - September 21 at 6:00 PM |
| MBIA Meets 80-Plus Relative Strength Rating Benchmark
finance.yahoo.com - September 18 at 8:16 PM |
| Critical Analysis: MBIA (MBI) & Federated National Holding (FNHC)
www.americanbankingnews.com - September 15 at 2:30 PM |
| MBIA, Inc. breached its 50 day moving average in a Bullish Manner : MBI-US : September 12, 2017
finance.yahoo.com - September 13 at 6:20 AM |
| Analyzing MBIA (MBI) and its Rivals
www.americanbankingnews.com - September 12 at 12:30 PM |
| Stocks Generating Improved Relative Strength: MBIA
finance.yahoo.com - September 11 at 11:47 PM |
| MBIA's (MBI) "Buy" Rating Reaffirmed at BTIG Research
www.americanbankingnews.com - September 10 at 6:34 PM |
| MBIA (MBI) and its Competitors Head to Head Contrast
www.americanbankingnews.com - September 9 at 4:28 PM |
| MBIA: It's Not All About Puerto Rico
finance.yahoo.com - September 7 at 1:02 AM |
| Is Margin of Safety Enough?
finance.yahoo.com - September 5 at 9:25 PM |
| MBIA, Inc. breached its 50 day moving average in a Bearish Manner : MBI-US : August 30, 2017
finance.yahoo.com - August 31 at 7:03 AM |
| ETFs with exposure to MBIA, Inc. : August 25, 2017
finance.yahoo.com - August 26 at 7:00 AM |
| See what the IHS Markit Score report has to say about MBIA Inc.
finance.yahoo.com - August 18 at 6:38 AM |
| Northwind Reinsurance Company -- Moody's affirms Unum's Northwind insurance-linked securities at Baa1(sf); stable outlook
finance.yahoo.com - August 18 at 6:38 AM |
| MBIA, Inc. :MBI-US: Earnings Analysis: Q2, 2017 By the Numbers : August 16, 2017
finance.yahoo.com - August 17 at 2:06 AM |
| MKM Partners Reaffirms Buy Rating for MBIA, Inc. (MBI)
www.americanbankingnews.com - August 11 at 5:36 PM |
 | MBIA's (MBI) CEO Joseph Brown on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 11 at 6:21 AM |
 | MBIA (MBI) on Watch After CEO Steps Down
www.streetinsider.com - August 11 at 6:21 AM |
| Investor Network: MBIA Inc. to Host Earnings Call
finance.yahoo.com - August 10 at 4:37 AM |
| Edited Transcript of MBI earnings conference call or presentation 9-Aug-17 12:00pm GMT
finance.yahoo.com - August 10 at 4:37 AM |
| MBIA, Inc. (NYSE:MBI) Announces Quarterly Earnings Results, Misses Expectations By $1.10 EPS
www.americanbankingnews.com - August 9 at 7:48 PM |
| National Public Finance Guarantee Corporation Files Adversary Complaint to Compel PREPA to Deposit Pledged Special Revenues with Bond Trustee
finance.yahoo.com - August 8 at 11:07 PM |
| MBIA Inc. Reports Second Quarter 2017 Financial Results
finance.yahoo.com - August 8 at 11:07 PM |
| Puerto Rico debt helps sink MBIA's Q2 loss to $1.2 bln
finance.yahoo.com - August 8 at 11:07 PM |
| MBIA reports 2Q loss
finance.yahoo.com - August 8 at 11:07 PM |
| Assurant (AIZ) Appoints Harriet Edelman and Debra Perry to Its Board of Directors
www.streetinsider.com - August 7 at 7:49 PM |
| MBIA Inc. (MBI) Downgraded to "Sell" at BidaskClub
www.americanbankingnews.com - August 5 at 7:26 PM |
| MBIA Inc. Investor Conference Call to Discuss Second Quarter 2017 Financial Results Scheduled for Wednesday, August 9 at 8:00 A.M. Eastern Time
finance.yahoo.com - August 4 at 1:17 AM |
 | BRIEF-MBIA Inc announces changes to its board of directors
www.reuters.com - July 31 at 8:05 PM |
| MBIA Inc. Announces Changes to its Board of Directors
finance.yahoo.com - July 31 at 8:05 PM |
| BRIEF-MBIA Inc in July 11 letter says ceased efforts to actively pursue writing new insurance policies for now at National Public Finance Guarantee
www.reuters.com - July 25 at 11:27 PM |
| 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 |
MBIA (MBI) Chart for Saturday, September, 23, 2017
