MBIA Inc (MBI): Today's Featured Financial Laggard

MBIA ( MBI) pushed the Financial sector lower today making it today's featured Financial laggard. The sector as a whole closed the day up 0.6%. By the end of trading, MBIA fell $0.17 (-1.2%) to $13.70 on light volume. Throughout the day, 1,071,921 shares of MBIA exchanged hands as compared to its average daily volume of 5,758,100 shares. The stock ranged in price between $13.66-$13.95 after having opened the day at $13.93 as compared to the previous trading day's close of $13.87. Other companies within the Financial sector that declined today were: Siebert Financial Corporation ( SIEB), down 7.5%, Broadway Financial ( BYFC), down 7.1%, InnSuites Hospitality ( IHT), down 6.7% and Sussex Bancorp ( SBBX), down 6.7%.

MBIA Inc., together with its subsidiaries, provides financial guarantee insurance and related reinsurance, advisory, and portfolio services for the public and structured finance markets; and asset management advisory services in the United States and internationally. MBIA has a market cap of $2.6 billion and is part of the insurance industry. Shares are up 72.2% year to date as of the close of trading on Friday. Currently there are no analysts that rate MBIA a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates MBIA as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, notable return on equity and solid stock price performance. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet.

On the positive front, Taylor Capital Group ( TAYC), up 19.0%, Altis Resident ( RESI), up 17.3%, Bank Bradesco ( BBDO), up 16.3% and Crawford & Company ( CRD.B), up 15.6% , were all gainers within the financial sector with Bank of New York Mellon ( BK) being today's featured financial sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

null

More from Markets

Video: Jim Cramer Reveals Why He's Cautious on Stocks

Video: Jim Cramer Reveals Why He's Cautious on Stocks

Stocks Slide Amid a Rise in Bond Yields, Strong Earnings

Stocks Slide Amid a Rise in Bond Yields, Strong Earnings

Jim Cramer on Earnings: All Stories Aren't Equal

Jim Cramer on Earnings: All Stories Aren't Equal

4 Stocks Making Important Moves Wednesday

4 Stocks Making Important Moves Wednesday

Dow Futures Turn Positive After Boeing Earnings Blowout; Twitter Boosts Nasdaq

Dow Futures Turn Positive After Boeing Earnings Blowout; Twitter Boosts Nasdaq