MBIA traded at $6.08 this Friday April 24th, increasing $0.05 or 0.83 percent since the previous trading session. Looking back, over the last four weeks, MBIA gained 5.01 percent. Over the last 12 months, its price rose by 27.73 percent. Looking ahead, we forecast MBIA to be priced at 6.08 by the end of this quarter and at 5.69 in one year, according to Trading Economics global macro models projections and analysts expectations.
MBIA Inc. is a provider of financial guarantee insurance to the United States’ public finance markets through its subsidiary National Public Finance Guarantee Corporation (National). The Company also provides financial guarantee insurance in the international and structured finance markets through its subsidiary MBIA Corp. The Company's segments include United States (U.S.) public finance insurance, Corporate, and International and Structured Finance Insurance. The U.S. Public Finance Insurance portfolio is managed through National. The financial guarantees issued by National provides irrevocable guarantees of the payment of the principal, and interest or other amounts owing on, U.S. public finance insured obligations when due. The Corporate segment consists of general corporate activities, including providing support services to MBIA Inc.’s subsidiaries as well as asset and capital management. The international and structured finance insurance segment is conducted through MBIA Corp.