MBIA Inc. (NYSE:MBI) moved up 2.45% and closed its last trading session at $10.87. This Finance Sector stock currently has the Market Capitalization of 1.52 Billion. The Average Volume for the stock is measured as 1.38 Million. The Stock has a 52-Week High of $11.65 and 52-Week Low of $6.34 following the dates, it touched its 52-Week High on Jan 24, 2017 and 52-Week Low on Jun 27, 2016. Currently, the Return on Assets value for the trailing twelve months is 0% with the Return on Equity and Return on Investment of 0.1% and 3.4% respectively. This firm currently has YTD (year to date) performance of 1.59 Percent which is awesome. The Short Ratio for the stock is 8.88.
MBIA Inc. (NYSE:MBI) Price to Earnings (P/E) ratio is 0. EPS or Earning per Share stands at $-0.02. The TTM operating margin is 40.7 percent.
MBIA Inc. (NYSE:MBI) reports its Earnings on Mon 6 Mar (In 11 Days). The estimated EPS for the current quarter is said to be $. Following Earnings result, share price were UP 14 times out of last 28 Qtrs. The stock has added about 36.2% since it reported its last earnings. The Closing price of MBIA Inc. (NYSE:MBI) at Last Earnings was $7.79 as compared to the previous closing price of $10.61. The Predicted Move on the 7th day after MBIA Inc. (NYSE:MBI) will release its earnings at about 9%.
By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, MBIA Inc. (NYSE:MBI) beats earnings by 0%, The Stock Missed Earnings 0 times and has met earnings 0 times.
We will discuss the past Quarters Earnings below:
MBIA Inc. (NYSE:MBI) reported its previous quarter on 11/08/2016 where it reported the Actual Earnings of $0.04. The Closing price before the company posted its earnings was $7.79. The Stock surged on the very next day of earnings and maintained its stock price at $8.3 by showing a % change of 6.55 percent from its previous closing price. The Next Day Volume after Earnings was reported as 2.66 Million. On the 7th day After Earnings Report, the stock hit its share price as $9.07 by showing 16.43% increase from the Stock price Before Earnings were reported.
On 08/08/2016, the stock reported the EPS of $0.12 where Analysts were projecting the EPS to be $0.1 showing a difference of $0.02. Thus Surprise Factor was there with 20 percent. Before Earnings Announcement on 08/08/2016, the firm had its stock price of $8.53. And immediately on the next day after earnings announcement, the stock declined -0.82% and closed its trading session at $8.46. On 7th Day after earnings release, MBIA Inc. (NYSE:MBI) dropped to -4.69% from $8.53 to $8.13.
On 05/09/2016, Analysts were suspecting EPS of $0.13/share where MBIA Inc. (NYSE:MBI) reported its Actual EPS of $0.12. Thus showing a Surprise of -7.7 percent. The Closing Price of the stock before earnings was $7.53 while on the Next day the stock closed its trading session at $7.68 with a percentage change of 1.99% from the price of 7.53 before Earnings. The Stock Closing Price on the 7th day of earnings was $6.79.
MBIA Inc. provides financial guarantee insurance services to public finance markets in the United States and internationally. It operates through three segments: U.S. Public Finance Insurance, International and Structured Finance Insurance, and Corporate. The company issues financial guarantees for municipal bonds, including tax-exempt and taxable indebtedness, as well as utilities, airports, health care institutions, higher educational facilities, student loan issuers, housing authorities, and other similar agencies and obligations issued by private entities. It also insures non-U.S. public finance and global structured finance, including asset-backed obligations; and sovereign-related and sub-sovereign bonds, utilities, and privately issued bonds used for the financing of projects that include utilities, toll roads, bridges, airports, public transportation facilities, and other types of infrastructure projects, as well as offers third-party reinsurance services. MBIA Inc. was founded in 1973 and is headquartered in Purchase, New York.