Media headlines about MBIA (NYSE:MBI) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing 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 one, with scores nearest to one being the most favorable. MBIA earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave news stories about the insurance provider an impact score of 45.405798000804 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:
MBIA stock opened at $9.18 on Tuesday. 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 1 year low of $6.04 and a 1 year high of $10.97.
MBIA (NYSE:MBI) last posted its quarterly earnings results on Thursday, March 1st. The insurance provider reported ($1.52) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.09 by ($1.61). MBIA had a negative return on equity of 19.69% and a negative net margin of 370.67%. The business had revenue of $251.00 million during the quarter, compared to the consensus estimate of $76.19 million. During the same quarter in the previous year, the business posted ($0.05) earnings per share. The company’s quarterly revenue was down 525.4% compared to the same quarter last year.
Several research analysts have weighed in on MBI shares. ValuEngine lowered shares of MBIA from a “buy” rating to a “hold” rating in a report on Saturday, April 7th. Keefe, Bruyette & Woods assumed coverage on shares of MBIA in a report on Monday, February 5th. They set a “market perform” rating for the company. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average 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.
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