A downtrend has been apparent in MBIA (MBI) lately with too much selling pressure. The stock has declined 29.5% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Here is How to Spot Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting wh ...

Financial Data and Key Metrics Changes - The company reported a consolidated GAAP net loss of $51 million or a negative $1.07 per share for Q4 2024, compared to a net loss of $138 million or a negative $2.94 per share for Q4 2023, indicating a significant improvement in financial performance [11] - For the full year 2024, the consolidated GAAP net loss was $447 million or a negative $9.43 per share, compared to a net loss of $491 million or a negative $10.18 per share for 2023, reflecting a reduction in losses [15] - The adjusted net loss for full year 2024 was $184 million or a negative $3.90 per share, compared to an adjusted net loss of $169 million or a negative $3.49 per share for 2023, showing a slight deterioration in adjusted performance [16] Business Line Data and Key Metrics Changes - National's insured portfolio gross par amount declined by approximately $3.1 billion from year-end 2023 to about $25 billion at the end of 2024, indicating a reduction in exposure [9] - The Corporate segment had total assets of approximately $707 million as of December 31, 2024, with unencumbered cash and liquid assets totaling $380 million, down from $411 million at year-end 2023 [18] Market Data and Key Metrics Changes - National reported total claims paying resources of $1.5 billion, down $174 million from December 31, 2023, reflecting a decrease in financial strength [21] - MBIA Insurance Corp.'s insured gross par outstanding was $2.3 billion as of December 31, 2024, down about 18% from year-end 2023, driven by regular amortization and proactive derisking [24] Company Strategy and Development Direction - The company continues to prioritize resolving National's PREPA exposure, which is critical for maximizing shareholder value [7] - Management indicated that while they are open to more frequent, smaller special capital releases, they prefer to wait for more certainty regarding PREPA before pursuing such actions [30] Management Comments on Operating Environment and Future Outlook - Management expressed that the path and timing for resolving PREPA's outstanding debt remain uncertain, with ongoing developments but significant challenges ahead [8] - The management highlighted the importance of both recovery amount and timing in their strategy regarding PREPA, indicating alignment with other bondholders on these objectives [32] Other Important Information - The company's book value per share decreased by 8.43% to a negative $40.99 per share as of December 31, 2024, primarily due to the consolidated net loss for the year [16][17] - National's statutory capital as of December 31, 2024, was $912 million, down $205 million compared to the previous year, largely due to its statutory net loss [21] Q&A Session Summary Question: Can you discuss the strategy for releasing capital beyond the regular dividend? - Management confirmed that it is possible to work with the regulator for more frequent special capital releases, but they prefer to wait for more certainty around PREPA before proceeding [28][30] Question: What is MBIA's position within the creditor group regarding PREPA? - Management stated that both recovery amount and timing are important, and they are aligned with other bondholders on these objectives, emphasizing the need for resolution [32][34] Question: Is there a possibility to exclude PREPA obligations in a sale process? - Management indicated that while it is possible to carve out PREPA obligations, previous offers have been deemed inadequate for shareholders [43][45]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-09583 MBIA INC. (Exact name of registrant as specified in its charter) Connecticut 06-1185706 (State of incorporation) (I.R.S. Employer Identifi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 27, 2025 MBIA Inc. (Exact name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of Incorporation) 1 Manhattanville Road Suite 301 Purchase, New York 10577 (Address of Principal Executive Offices) (Zip Code) Connecticut 001-09583 06-1185706 (Commission File Number ...

MBIA (MBI) shares ended the last trading session 15.4% higher at $7.11. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 10.7% loss over the past four weeks.MBI is poised to grow on the insurer’s focus to improve revenues while lower expenses. While  lower losses related to variable interest entities associated with MBIA Insurance Corp. should drive revenues, lower loss and loss adjustment expense should favor expen ...

Shares of MBIA (MBI) have gained 67.2% over the past four weeks to close the last trading session at $6.89, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $8.83 indicates a potential upside of 28.2%.The average comprises three short-term price targets ranging from a low of $4.50 to a high of $13, with a standard deviation of $4.25. While the lowest estimate indicates a decline ...

MBIA (MBI) closed the last trading session at $5.98, gaining 53.3% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $8 indicates a 33.8% upside potential.The mean estimate comprises three short-term price targets with a standard deviation of $4.44. While the lowest estimate of $4.50 indicates a 24.8% decline from the current price level, the most optimistic analyst expects the stock ...

Analyst’s Disclosure: I/we have a beneficial long position in the shares of MBI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. I am also an Assured Guaranty (AGO) shareholderSeeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendatio ...

MBIA Inc. (NYSE:MBI) Q3 2024 Earnings Conference Call November 8, 2024 8:00 AM ET Company Participants Greg Diamond - Managing Director, Investor and Media Relations Bill Fallon - Chief Executive Officer Joe Schachinger - Executive Vice President and Chief Financial Officer Conference Call Participants Tommy McJoynt - KBW Jordan Hymowitz - Philadelphia Financial John Staley - Staley Capital Advisors Operator Welcome to the MBIA Inc. Third Quarter 2024 Financial Results Conference Call. I would now like to t ...

MBIA (MBI) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $2.92 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 100%. A quarter ago, it was expected that this insurance and reinsurance company would post a loss of $0.09 per share when it actually produced a loss of $2.90, delivering a surprise of -3,122.22%.Over the last four quarters, the compa ...