Stocks Raising Investors Eye Brows: Manulife Financial Corporation (NYSE:MFC), MBIA Inc. (NYSE:MBI)

Following previous ticker characteristics, Manulife Financial Corporation (NYSE:MFC) also run on active notice, stock price knocked down -0.28% after traded at $18.06 in most recent trading session.

Manulife recently reported that James D. Gallagher has been appointed Executive Vice President and General Counsel, effective immediately. Mr. Gallagher has been serving as Interim General Counsel since Oct. 20, and succeeds Stephen Sigurdson, who passed away last month. Mr. Gallagher becomes a permanent member of the Executive Committee, and will remain a member of Manulife’s global leadership team.

MFC has price to earnings ratio of 15.95 and the price to current year EPS stands at -41.50%. Whereas the traders who further want to see about this, may be interested to see Price to next year’s EPS that would be 17.21%. The earning yield also gives right direction to lure investment, as the co has 3.03% dividend yield. The debt to equity ratio appeared as 0.34 for seeing its liquidity position.

Taking notice on volatility measures, price volatility of stock was 1.20% for a week and 1.79% for a month. The price volatility’s Average True Range for 14 days was 0.33. On these bases, analysts would recommend this stock as an “Active Revolving Stocks.” The firm attains analyst recommendation of 1.80 out of 1-5 scale with week’s performance of -1.95%. MFC’s institutional ownership was registered as 53.70%.

MBIA Inc. (NYSE:MBI) persists its position slightly strong in context of buying side, while shares price eased up 0.90% during latest trading session.

Moody’s Investors Service, has affirmed the insurance financial strength (IFS) rating of MBIA Insurance Corporation (MBIA) at Caa1, and changed the outlook to developing from negative. MBIA Corp., which is in run-off, is a wholly owned subsidiary of MBIA Inc. The rating action follows an anticipated improvement in the liquidity position of MBIA Corp., largely as a result of a financing facility to be provided by certain holders of MBIA Corp.’s outstanding surplus notes and MBIA Inc.

Given the de-linkage of MBIA Corp. from the rest of the MBIA entities, the rating action on MBIA Corp. has no impact on the ratings of its parent, MBIA Inc., National Public Finance Guarantee Corporation, its sister company which writes financial guaranty insurance in the US public finance market, or MBIA UK Insurance Limited, its UK-based subsidiary.

Generally, it indicates good short-term financial strength. Street is more conscious on this after SunEdison, Inc. case.  In addition, the firm has debt to equity ratio of 1.54, sometimes its remain same with long term debt to equity ratio.

 

About Aaron Smithies

Aaron Smithies has a wide look on current monetary and financial events. He is an editor and a writer. His views; At Streetwise Report, we think the best opportunities arise from a complete understanding of all investing disciplines in order to identify the most attractive stocks at any given time. Interests: Biotech, Finical markets, Dividend stock ideas & income, Energy stocks, Consumer goods stocks

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