Investor’s Delight: MBIA Inc (MBI) Closes Strong at 4.91, Up 1.87

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The closing price of MBIA Inc (NYSE: MBI) was $4.91 for the day, up 1.87% from the previous closing price of $4.82. In other words, the price has increased by $1.87 from its previous closing price. On the day, 0.64 million shares were traded. MBI stock price reached its highest trading level at $4.945 during the session, while it also had its lowest trading level at $4.77.

Ratios:

Our analysis of MBI’s different ratios will help us gain a deeper understanding of the company.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, ROTH MKM on December 08, 2023, Downgraded its rating to Neutral and sets its target price to $15 from $12 previously.

On April 21, 2023, Compass Point Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $14.

On November 28, 2022, Compass Point started tracking the stock assigning a Neutral rating and target price of $14.Compass Point initiated its Neutral rating on November 28, 2022, with a $14 target price.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 13 ’24 when Shasta Theodore sold 21,405 shares for $5.52 per share. The transaction valued at 118,156 led to the insider holds 82,625 shares of the business.

VAUGHAN RICHARD C sold 12,000 shares of MBI for $75,720 on Dec 27 ’23. The Director now owns 88,184 shares after completing the transaction at $6.31 per share. On Dec 28 ’23, another insider, VAUGHAN RICHARD C, who serves as the Director of the company, sold 3,000 shares for $6.08 each. As a result, the insider received 18,240 and left with 85,184 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MBI now has a Market Capitalization of 250557776 and an Enterprise Value of 3121557760. Its current Enterprise Value per Revenue stands at -240.12.

Stock Price History:

Over the past 52 weeks, MBI has reached a high of $7.33, while it has fallen to a 52-week low of $3.04. The 50-Day Moving Average of the stock is 30.32%, while the 200-Day Moving Average is calculated to be -5.02%.

Shares Statistics:

MBI traded an average of 303.59K shares per day over the past three months and 423790 shares per day over the past ten days. A total of 50.86M shares are outstanding, with a floating share count of 43.73M. Insiders hold about 14.31% of the company’s shares, while institutions hold 46.13% stake in the company. Shares short for MBI as of 1730332800 were 2015193 with a Short Ratio of 6.64, compared to 1727654400 on 1879073. Therefore, it implies a Short% of Shares Outstanding of 2015193 and a Short% of Float of 4.58.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 3.85.

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