MBIA Inc. which can be found using ticker (MBI) have now 3 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The range between the high target price and low target price is between 18 and 12 and has a mean target at $14.67. Now with the previous closing price of $10.67 this now indicates there is a potential upside of 37.5%. Also worth taking note is the 50 day moving average now sits at $11.33 and the 200 moving average now moves to $11.71. The market capitalization for the company is $583m. Find out more information at: https://www.mbia.com
The potential market cap would be $801m based on the market consensus.
MBIA Inc. provides financial guarantee insurance services to public finance markets. It operates through United States (U.S.) Public Finance Insurance, Corporate, and International and Structured Finance Insurance segments. The company issues financial guarantees for municipal bonds, including tax-exempt and taxable indebtedness of the U.S. political subdivisions and territories, as well as utilities, airports, health care institutions, higher educational facilities, housing authorities, and other similar agencies and obligations issued by private entities. It also insures the 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 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.
The company is not paying dividends at this time.
