MBIA (MBI) Receiving Somewhat Favorable Press Coverage, Report Finds

Media stories about MBIA (NYSE:MBI) have trended somewhat positive this week, according to Accern. The research group rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MBIA earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned news articles about the insurance provider an impact score of 45.1220068906754 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the news articles that may have impacted Accern Sentiment’s analysis:

Shares of MBI opened at $9.60 on Thursday. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 3.63. MBIA has a 12 month low of $6.04 and a 12 month high of $10.72.

MBIA (NYSE:MBI) last issued its quarterly earnings data on Thursday, March 1st. The insurance provider reported ($1.52) EPS for the quarter, missing the Zacks’ consensus estimate of $0.09 by ($1.61). The company had revenue of $251.00 million for the quarter, compared to the consensus estimate of $76.19 million. MBIA had a negative return on equity of 19.69% and a negative net margin of 370.67%. MBIA’s quarterly revenue was down 525.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.05) earnings per share.

A number of brokerages recently commented on MBI. Keefe, Bruyette & Woods began coverage on MBIA in a research note on Monday, February 5th. They set a “market perform” rating for the company. ValuEngine upgraded MBIA from a “hold” rating to a “buy” rating in a research note on Wednesday, March 7th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. MBIA presently has an average rating of “Hold” and a consensus price target of $14.50.

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MBIA Company Profile

MBIA, Inc operates as holding company, which through its subsidiaries, provides financial guarantee insurance, as well as related reinsurance, advisory and portfolio services and asset management advisory services, for the public and structured finance markets. It operates through the following business segments: U.S.

Insider Buying and Selling by Quarter for MBIA (NYSE:MBI)

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