MBIA Inc.


MBI

Price

6.82


Change

0.49


High

6.83


Low

6.27


Avg Volume

354,141


PE Ratio

-0.67


52 Week High

7.33


52 Week Low

2.65



Profile

MBIA, Inc. is a financial services company. It was founded in 1973 as the Municipal Bond Insurance Association. It is headquartered in Purchase, New York, and as of January 1, 2015 had approximately 180 employees. MBIA is the largest bond insurer. MBIA is a monoline insurer primarily of municipal bonds and on asset-backed securities and mortgage-backed securities. Financial insurance or Financial Guarantees are a form of credit enhancement. It also provides a fixed-income asset management service with about forty billion dollars under management.


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