Theodore Shasta - MBIA Independent Director

MBI Stock  USD 6.89  0.06  0.86%   

Director

Mr. Theodore E. Shasta is Independent Director of MBIA Inc. Mr. Shasta was elected to the Board of Directors in August 2009. Mr. Shasta is a former Senior Vice President and Partner of Wellington Management Company, a global investment advisor. At Wellington Management Company, Mr. Shasta specialized in the financial analysis of publicly traded insurance companies, including both propertycasualty and financial guarantee insurers. Mr. Shasta joined Wellington Management Company in March 1996 as a global industry analyst responsible for the insurance industry. In January 2008, Mr. Shasta became a portfolio advisor responsible for seniorlevel relationship management for existing institutional clients and consultants as well as development of new business, a position that he held until June 2009. In addition, effective January 1999, Mr. Shasta was elected Partner and was promoted to Senior Vice President, and served in such positions until he withdrew from the partnership in June 2009. He also served on Wellington Managements Audit Committee from January 2004 to June 2009 and was Chair of that Committee from January 2008 until June 2009. Prior to joining Wellington Management Company, Mr. Shasta was a Senior Vice President with Loomis, Sayles Company where he was an industry analyst responsible for the automotive, freight transportation and insurance industries. Before that, he served in various capacities with Dewey Square Investors and Bank of Boston. Mr. Shasta earned his Chartered Financial Analyst designation in 1986. Mr. Shasta is a member of the Board of Directors of Chubb Limited and serves as a member of its Audit Committee. since 2009.
Age 70
Tenure 15 years
Address 1 Manhattanville Road, Purchase, NY, United States, 10577
Phone914 273 4545
Webhttps://www.mbia.com

Latest Insider Transactions

2024-06-13Disposed of 21405 shares @ 5.52View

Theodore Shasta Latest Insider Activity

Tracking and analyzing the buying and selling activities of Theodore Shasta against MBIA stock is an integral part of due diligence when investing in MBIA. Theodore Shasta insider activity provides valuable insight into whether MBIA is net buyers or sellers over its current business cycle. Note, MBIA insiders must abide by specific rules, including filing SEC forms every time they buy or sell MBIA'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

MBIA Management Efficiency

The company has Return on Asset of (0.0726) % which means that on every $100 spent on assets, it lost $0.0726. This is way below average. MBIA's management efficiency ratios could be used to measure how well MBIA manages its routine affairs as well as how well it operates its assets and liabilities. The MBIA's current Return On Equity is estimated to increase to 0.31, while Return On Tangible Assets are forecasted to increase to (0.18). As of now, MBIA's Other Assets are decreasing as compared to previous years. The MBIA's current Intangibles To Total Assets is estimated to increase to 0.02, while Total Assets are projected to decrease to under 2.5 B.
MBIA Inc has 3.16 B in debt. MBIA Inc has a current ratio of 3.51, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for MBIA to invest in growth at high rates of return.

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MBIA Inc. provides financial guarantee insurance services to public finance markets. MBIA Inc. was founded in 1973 and is headquartered in Purchase, New York. MBIA operates under InsuranceSpecialty classification in the United States and is traded on New York Stock Exchange. It employs 87 people. MBIA Inc (MBI) is traded on New York Stock Exchange in USA. It is located in 1 Manhattanville Road, Purchase, NY, United States, 10577 and employs 61 people. MBIA is listed under Property & Casualty Insurance category by Fama And French industry classification.

Management Performance

MBIA Inc Leadership Team

Elected by the shareholders, the MBIA's board of directors comprises two types of representatives: MBIA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MBIA. The board's role is to monitor MBIA's management team and ensure that shareholders' interests are well served. MBIA's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MBIA's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jonathan Harris, General Counsel, Secretary
Christopher Young, Assistant Vice President, and Chief Financial Officer of National
Charles Rinehart, Independent Chairman of the Board
William Fallon, Chief Executive Officer, Director
William Rizzo, CoGeneral Counsel
Diane Dewbrey, Independent Director
Theodore Shasta, Independent Director
Adam Bergonzi, Assistant Vice President and Chief Risk Officer of National
Joseph Schachinger, Controller
Gregory Diamond, MD Relations
Joseph Sr, Assistant Officer
Steven Gilbert, Independent Director
Daniel Avitabile, Assistant Vice President and President and Chief Risk Officer of MBIA Corporate
Janice Thompsonas, Independent Director
Anthony McKiernan, Chief Financial Officer, Executive Vice President
Richard Vaughan, Independent Director
Shengying Yu, Controller Officer

MBIA Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is MBIA a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether MBIA Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MBIA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mbia Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mbia Inc Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MBIA Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MBIA. If investors know MBIA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MBIA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(11.19)
Revenue Per Share
(0.28)
Quarterly Revenue Growth
(0.44)
Return On Assets
(0.07)
The market value of MBIA Inc is measured differently than its book value, which is the value of MBIA that is recorded on the company's balance sheet. Investors also form their own opinion of MBIA's value that differs from its market value or its book value, called intrinsic value, which is MBIA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MBIA's market value can be influenced by many factors that don't directly affect MBIA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MBIA's value and its price as these two are different measures arrived at by different means. Investors typically determine if MBIA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MBIA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.