In the last trading session, 0.13 million shares of the MBIA Inc (NYSE:MBI) were traded, and its beta was 1.89. Most recently the company’s share price was $4.35, and it changed around $0.12 or 2.84% from the last close, which brings the market valuation of the company to $219.11M. MBI currently trades at a discount to its 52-week high of $7.46, offering almost -71.49% off that amount. The share price’s 52-week low was $3.22, which indicates that the current value has risen by an impressive 25.98% since then.
MBIA Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.33. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 1 recommended MBI as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. MBIA Inc is expected to report earnings per share of -0.08 for the current quarter.
MBIA Inc (NYSE:MBI) trade information
Instantly MBI has showed a green trend with a performance of 2.84% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 4.65 on recent trading dayincreased the stock’s daily price by 6.45%. The company’s shares are currently down -32.66% year-to-date, but still down -6.25% over the last five days. On the other hand, MBIA Inc (NYSE:MBI) is -6.85% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $14, which translates to bulls needing to increase their stock price by 68.93% from its current value. Analyst projections state that MBI is forecast to be at a low of $14 and a high of $14.
MBIA Inc (MBI) estimates and forecasts
The year-over-year growth rate is expected to be -19.19%, down from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 21M in revenue for the current quarter. 1 analysts expect MBIA Inc to make 21M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 23M and 27M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -8.70%. Forecasts for the next quarter put sales growth at -22.22%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -16.29%. MBIA Inc earnings are expected to increase by 85.73% in 2025, but the outlook is positive 47.02% per year for the next five years.
MBI Dividends
MBIA Inc’s next quarterly earnings report is expected to be released in June.
BLACKROCK INC., with 7.0972% or 3.32 million shares worth $18.24 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF were the top two Mutual Funds as of Dec 31, 2024 . The former held 1.38 shares worth $6.02 million, making up 2.75% of all outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held roughly 1.25 shares worth around $5.45 million, which represents about 2.49% of the total shares outstanding.
