MBIA (US:MBI) ZACKS·2026-01-09 16:10Core Viewpoint - MBIA shares experienced a significant rally of 10.3% in the last trading session, closing at $7.6, following a period of 8.5% loss over the past four weeks, indicating notable trading volume and interest in the stock [1] Group 1: Company Performance - MBIA is benefiting from reduced losses and LAE related to National's PREPA exposure, with a focus on resolving this exposure [2] - The company reported a decline in net investment income due to a lower average invested asset base, primarily from dividend payments to National's ultimate parent [2] - The topline performance was positively influenced by favorable changes from net realized investment losses and revenues from consolidated VIEs [2] Group 2: Earnings Expectations - The upcoming quarterly report is expected to show a loss of $0.05 per share, reflecting a year-over-year change of +89.6%, with revenues projected at $20 million, down 31% from the previous year [3] - The consensus EPS estimate for MBIA has remained unchanged over the last 30 days, suggesting that stock price movements may not sustain without trends in earnings estimate revisions [4] Group 3: Industry Context - MBIA holds a Zacks Rank of 3 (Hold) within the Zacks Insurance - Multi line industry, while Fidelis Insurance Holdings, another company in the same sector, closed 0.8% higher at $19.27 and has returned 3% over the past month [5] - Fidelis Insurance's consensus EPS estimate has also remained unchanged at $0.93, representing a year-over-year change of +188.6%, but it currently holds a Zacks Rank of 4 (Sell) [6]