With 0.68 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.39 million shares. During the session, the Insurance – Specialty company that operates in wider Financial sector, reached to the highest price of $3.79 whereas the lowest price it dropped to was $3.4. The 52-week range on MBI shows that it touched its highest point at $7.33 and its lowest point at $2.68 during that stretch. It currently has a 1-year price target of $8.00. MBI paid its most recent dividend on 1703548800, while the ex-dividend date for that was 1702598400. Beta for the stock currently stands at 1.43.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MBI was down-trending over the past week, with a drop of -4.58%, but this was up by 4.17% over a month. Three-month performance dropped to -14.38% while six-month performance fell -45.01%. The stock gained 35.59% in the past year, while it has lost -38.73% so far this year. A look at the trailing 12-month EPS for MBI yields -13.83 with Next year EPS estimates of -0.90. For the next quarter, that number is -0.34. This implies an EPS growth rate of 44.13% for this year and 54.10% for next year. EPS is expected to grow by 10.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -25.09%.
Float and Shares Shorts:
At present, 50.86 million MBI shares are outstanding with a float of 43.73 million shares on hand for trading. On 2024-10-15, short shares totaled 2.03 million, which was 397.0 higher than short shares on 1726185600. In addition to Mr. William Charles Fallon as the firm’s CEO & Director, Mr. Daniel Michael Avitabile serves as its Assistant VP and MBIA Insurance’s President & Chief Risk Officer.
Institutional Ownership:
Through their ownership of 0.48174998 of MBI’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MBI since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.