With 1.36 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.34 million shares. During the session, the Insurance – Specialty company that operates in wider Financial sector, reached to the highest price of $6.11 whereas the lowest price it dropped to was $5.59. The 52-week range on MBI shows that it touched its highest point at $7.33 and its lowest point at $3.08 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 1.51.
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 up-trending over the past week, with a rise of 34.30%, but this was up by 54.62% over a month. Three-month performance surged to 56.22% while six-month performance rose 0.50%. The stock gained 89.10% in the past year, while it has lost -1.47% so far this year. A look at the trailing 12-month EPS for MBI yields -11.07 with Next year EPS estimates of -0.77. For the next quarter, that number is -0.29. This implies an EPS growth rate of 46.51% for this year and 58.75% 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 2024-10-31, short shares totaled 2.02 million, which was 395.0 higher than short shares on 1727654400. 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 0.47376 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 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With MBI analysts setting a high price target of 6.5 and a low target of 4.5, the average target price over the next 12 months is 5.5. Based on these targets, MBI could surge 7.79% to reach the target high and fall by -25.37% to reach the target low. Reaching the average price target will result in a decline of -8.79% from current levels.
Analysts have provided yearly estimates in a range of -$1.71579 being high and -$2.01755 being low. For MBI, this leads to a yearly average estimate of -$1.86667. The surprise factor in the prior quarter was -$0.19. Based on analyst estimates, the high estimate for the next quarter is -$0.13 and the low estimate is -$0.13. The average estimate for the next quarter is thus -$0.13.
