MBIA Inc (NYSE:MBI) price on Friday, March 21, fall -1.44% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $5.46.
A look at the stock’s price movement, the close in the last trading session was $5.54, moving within a range at $5.395 and $5.54. The beta value (5-Year monthly) was 1.42. Turning to its 52-week performance, $7.46 and $3.22 were the 52-week high and 52-week low respectively. Overall, MBI moved -20.98% over the past month.
MBIA Inc’s market cap currently stands at around $278.30 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-26.
Analysts have a consensus estimate of 21M for the company’s revenue for the quarter, with a low and high estimate of 21M and 21M respectively. The average forecast suggests up to a 61.54% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 84M, representing a 100.00% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that MBI is a 50% Sell. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Buy category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend MBI as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
MBI’s current price about -4.89% and -12.72% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 39.86, while 7-day volatility ratio is 4.06% and 6.44% in the 30-day chart. Further, MBIA Inc (MBI) has a beta value of 1.76, and an average true range (ATR) of 0.33. Analysts have given the company’s stock an average 52-week price target of $14, forecast between a low of $14 and high of $14. Looking at the price targets, the low is -156.41% off current price level while to achieve the yearly target high, price needs to move -156.41%. Nonetheless, investors will most likely welcome a -156.41% jump to $14 which is the analysts’ median price.
If we refocus on MBIA Inc (NYSE:MBI), historical trading data shows that trading volumes averaged 0.29 over the past 10 days and 409.15K over the past 3 months. The company’s latest data on shares outstanding shows there are 50.97 million shares.
The 12.76% of MBIA Inc’s shares are in the hands of company insiders while institutional holders own 49.95% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.68 million on 2025-02-28, giving us a short ratio of 3.71. The data shows that as of 2025-02-28 short interest in MBIA Inc (MBI) stood at 382.0 of shares outstanding, with shares short falling to 1.72 million registered in 2025-01-31. Current price change has pushed the stock -15.48% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the MBI stock continues to rise going into the next quarter.
