Ambac Financial Group, Inc., a financial services holding company, provides financial guarantees and other financial services to clients in both the public and private sectors worldwide. It operates through two segments, Financial Guarantee and Financial Services. The Financial Guarantee segment provides financial guarantees, including insurance policies and credit derivative contracts for public finance, structured finance, and international obligations. The Financial Services segment offers investment agreements, funding conduits, and interest rate swaps, principally to clients of the financial guarantee business. The company was founded in 1971 and is headquartered in New York, New York.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Surety & Title Insurance
- Sub-Industry: N/A
- Symbol: NASDAQ:AMBC
- CUSIP: N/A
- Web: www.ambac.com
Capitalization:- Market Cap: $802.3 million
- Outstanding Shares: 45,251,000
Average Prices:- 50 Day Moving Avg: $18.62
- 200 Day Moving Avg: $18.35
- 52 Week Range: $15.67 - $27.25
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 4.25
- P/E Growth: 1.01
Sales & Book Value:- Annual Revenue: $578.75 million
- Price / Sales: 1.39
- Book Value: $37.00 per share
- Price / Book: 0.48
Profitability:- EBIDTA: $115.78 million
- Net Margins: -16.39%
- Return on Equity: 5.74%
- Return on Assets: 0.50%
Debt:- Debt-to-Equity Ratio: 6.65%
- Current Ratio: 0.33%
- Quick Ratio: 0.33%
Misc:- Average Volume: 289,048 shs.
- Beta: 1.97
- Short Ratio: 5.66
Frequently Asked Questions for Ambac Financial Group (NASDAQ:AMBC)
What is Ambac Financial Group's stock symbol?
Ambac Financial Group trades on the NASDAQ under the ticker symbol "AMBC."
How were Ambac Financial Group's earnings last quarter?
Ambac Financial Group, Inc. (NASDAQ:AMBC) released its quarterly earnings results on Wednesday, August, 9th. The company reported $1.54 EPS for the quarter, beating the Zacks' consensus estimate of $1.22 by $0.32. The company had revenue of $172.85 million for the quarter, compared to analyst estimates of $127.75 million. Ambac Financial Group had a negative net margin of 16.39% and a positive return on equity of 5.74%. The company's quarterly revenue was up 36.9% compared to the same quarter last year. During the same quarter last year, the firm posted $2.54 earnings per share. View Ambac Financial Group's Earnings History.
When will Ambac Financial Group make its next earnings announcement?
Where is Ambac Financial Group's stock going? Where will Ambac Financial Group's stock price be in 2017?
2 analysts have issued twelve-month target prices for Ambac Financial Group's shares. Their forecasts range from $21.00 to $26.00. On average, they anticipate Ambac Financial Group's stock price to reach $23.50 in the next twelve months. View Analyst Ratings for Ambac Financial Group.
Who are some of Ambac Financial Group's key competitors?
Some companies that are related to Ambac Financial Group include Boardwalk Real Estate Investment Trust (BOWFF), Independent Bank Group (IBTX), Summit Hotel Properties (INN), Seritage Growth Properties (SRG), First Financial Bancorp. (FFBC), Four Corners Property Trust (FCPT), Artisan Partners Asset Management (APAM), Horace Mann Educators Corporation (HMN), Waddell & Reed Financial (WDR), CenterState Banks (CSFL), NBT Bancorp (NBTB), Chesapeake Lodging Trust (CHSP), OM Asset Management PLC (OMAM), Sabra Healthcare REIT (SBRA), Third Point Reinsurance (TPRE), Washington Prime Group (WPG), Walker & Dunlop (WD) and Virtu Financial (VIRT).
Who owns Ambac Financial Group stock?
Ambac Financial Group's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (5.68%), FMR LLC (4.95%), Vanguard Group Inc. (4.17%), Alden Global Capital LLC (2.88%), Evermore Global Advisors LLC (2.13%) and State Street Corp (1.98%). Company insiders that own Ambac Financial Group stock include Alexander David Greene, Claude Leblanc, David L Herzog, Jeffrey Scott Stein and Tavakoli Nader. View Institutional Ownership Trends for Ambac Financial Group.
Who sold Ambac Financial Group stock? Who is selling Ambac Financial Group stock?
Ambac Financial Group's stock was sold by a variety of institutional investors in the last quarter, including Numeric Investors LLC, JPMorgan Chase & Co., Royce & Associates LP, Russell Investments Group Ltd., GSA Capital Partners LLP, Schwab Charles Investment Management Inc., Quantitative Investment Management LLC and Sterling Capital Management LLC. View Insider Buying and Selling for Ambac Financial Group.
Who bought Ambac Financial Group stock? Who is buying Ambac Financial Group stock?
Ambac Financial Group's stock was purchased by a variety of institutional investors in the last quarter, including Evermore Global Advisors LLC, Sound Point Capital Management LP, Candlewood Investment Group LP, Systematic Financial Management LP, Arrowstreet Capital Limited Partnership, TIAA CREF Investment Management LLC, Bank of Nova Scotia and Parametric Portfolio Associates LLC. Company insiders that have bought Ambac Financial Group stock in the last two years include Alexander David Greene, Claude Leblanc, David L Herzog, Jeffrey Scott Stein and Tavakoli Nader. View Insider Buying and Selling for Ambac Financial Group.
How do I buy Ambac Financial Group stock?
Shares of Ambac Financial Group can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Ambac Financial Group's stock price today?
One share of Ambac Financial Group stock can currently be purchased for approximately $17.73.
MarketBeat Community Rating for Ambac Financial Group (NASDAQ AMBC)MarketBeat's community ratings are surveys of what our community members think about Ambac Financial Group and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Ambac Financial Group (NASDAQ:AMBC) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Hold Rating, 1 Buy Rating |
| Consensus Rating: | Buy (Score: 2.50) |
| Consensus Price Target: | $23.50 (32.54% upside) |
Analysts' Ratings History for Ambac Financial Group (NASDAQ:AMBC)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 7/25/2017 | MKM Partners | Reiterated Rating | Neutral | $17.00 -> $21.00 | Low |  |
| 7/22/2017 | BTIG Research | Reiterated Rating | Buy | $26.00 | Low | |
(Data available from 9/20/2015 forward)
Earnings History for Ambac Financial Group (NASDAQ:AMBC)Earnings History by Quarter for Ambac Financial Group (NASDAQ AMBC)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 11/1/2017 | | $0.92 | | | | | N/A | |
| 8/9/2017 | Q2 2017 | $1.22 | $1.54 | $127.75 million | $172.85 million | View | Listen | |
| 5/10/2017 | Q1 2017 | $3.01 | ($2.01) | $136.46 million | $126.20 million | View | N/A | |
| 2/28/2017 | Q4 2016 | $0.63 | ($0.28) | $127.58 million | $237.49 million | View | N/A | |
| 11/3/2016 | Q3 | $0.52 | $3.23 | $110.15 million | $144.10 million | View | N/A | |
| 8/9/2016 | Q216 | $1.05 | $2.54 | $119.30 million | $106.70 million | View | Listen | |
| 5/10/2016 | Q1 | $1.04 | $4.82 | $126.90 million | $16.90 million | View | Listen | |
| 2/18/2016 | Q4 | $1.15 | $10.64 | $123.80 million | $170.70 million | View | Listen | |
| 11/9/2015 | Q315 | $0.90 | $3.77 | $129.34 million | $87.69 million | View | N/A | |
| 8/10/2015 | Q215 | $0.90 | $5.70 | $130.15 million | $230.75 million | View | Listen | |
| 5/11/2015 | Q115 | $0.98 | $5.27 | $120.60 million | $155.49 million | View | N/A | |
| 3/2/2015 | Q414 | $0.25 | $10.22 | $144.60 million | $6.86 million | View | N/A | |
| 11/10/2014 | Q314 | $0.43 | $1.77 | $128.80 million | $155.34 million | View | N/A | |
| 8/11/2014 | Q214 | $0.59 | ($2.51) | $131.00 million | $57.33 million | View | N/A | |
| 5/12/2014 | Q114 | $1.01 | $3.31 | $123.30 million | $109.14 million | View | N/A | |
| 3/3/2014 | Q413 | $1.21 | $1.49 | $161.60 million | | View | N/A | |
| 11/14/2013 | Q313 | ($0.22) | $4.17 | $147.25 million | $171.70 million | View | N/A | |
| 8/14/2013 | Q2 2013 | $2.04 | $4.42 | | $242.80 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Ambac Financial Group (NASDAQ:AMBC)Current Year EPS Consensus Estimate: $1.63 EPS
Next Year EPS Consensus Estimate: $4.17 EPS
Dividend History for Ambac Financial Group (NASDAQ:AMBC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Ambac Financial Group (NASDAQ:AMBC)Insider Ownership Percentage: 0.61%
Institutional Ownership Percentage: 72.95%
Insider Trades by Quarter for Ambac Financial Group (NASDAQ:AMBC)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 5/18/2017 | Claude Leblanc | CEO | Buy | 7,500 | $16.45 | $123,375.00 | |
| 5/15/2017 | Claude Leblanc | CEO | Buy | 5,000 | $17.32 | $86,600.00 | |
| 3/17/2017 | Claude Leblanc | CEO | Buy | 20,000 | $19.55 | $391,000.00 | |
| 9/20/2016 | Tavakoli Nader | CEO | Buy | 12,000 | $18.06 | $216,720.00 | |
| 6/27/2016 | Tavakoli Nader | CEO | Buy | 20,000 | $15.07 | $301,400.00 | |
| 6/14/2016 | Tavakoli Nader | CEO | Buy | 38,855 | $15.98 | $620,902.90 | |
| 5/20/2016 | Tavakoli Nader | CEO | Buy | 16,400 | $16.15 | $264,860.00 | |
| 4/6/2016 | Alexander David Greene | Director | Buy | 10,000 | $15.05 | $150,500.00 | |
| 4/6/2016 | Tavakoli Nader | CEO | Buy | 16,200 | $14.84 | $240,408.00 | |
| 3/31/2016 | David L Herzog | Director | Buy | 12,820 | $15.84 | $203,068.80 | |
| 3/31/2016 | Tavakoli Nader | CEO | Buy | 28,390 | $15.98 | $453,672.20 | |
| 1/8/2016 | Tavakoli Nader | CEO | Buy | 61,496 | $12.82 | $788,378.72 | |
| 1/7/2016 | Jeffrey Scott Stein | Director | Buy | 4,500 | $12.88 | $57,960.00 | |
| 12/14/2015 | Tavakoli Nader | Insider | Buy | 16,100 | $13.22 | $212,842.00 | |
| 11/12/2015 | Tavakoli Nader | Insider | Buy | 31,325 | $15.04 | $471,128.00 | |
| 7/8/2015 | Alexander David Greene | Director | Buy | 3,000 | $17.69 | $53,070.00 | |
| 7/7/2015 | Tavakoli Nader | Insider | Buy | 15,000 | $16.54 | $248,100.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Ambac Financial Group (NASDAQ:AMBC)
Latest Headlines for Ambac Financial Group (NASDAQ:AMBC)
| Source: |
|
| Date | Headline |
|---|
 | CFPB Deal Could Mean Relief From Wall Street's Worst Student Loans
www.bloomberg.com - September 15 at 9:05 PM |
 | BRIEF-Ambac Financial Group says revised initial dates of pre-trial hearing
www.reuters.com - September 14 at 9:24 PM |
 | Court Dates Revised for Ambac's Segregated Account's Rehabilitation Hearings
feeds.benzinga.com - September 13 at 6:23 PM |
 | Court Dates Revised for Ambac’s Segregated Account’s Rehabilitation Hearings
finance.yahoo.com - September 13 at 4:54 PM |
| ETFs with exposure to Ambac Financial Group, Inc. : September 9, 2017
finance.yahoo.com - September 9 at 2:15 AM |
| Ambac Financial Group, Inc. :AMBC-US: Earnings Analysis: Q2, 2017 By the Numbers : September 7, 2017
finance.yahoo.com - September 7 at 3:45 PM |
| Ambac Financial Group, Inc. – Value Analysis (NASDAQ:AMBC) : August 28, 2017
finance.yahoo.com - August 28 at 8:55 PM |
| Six Financials That Look Attractive After The Sector's Selloff
finance.yahoo.com - August 22 at 4:33 PM |
| Ambac Financial Group, Inc. breached its 50 day moving average in a Bearish Manner : AMBC-US : August 18, 2017
finance.yahoo.com - August 18 at 3:55 PM |
| See what the IHS Markit Score report has to say about Ambac Financial Group Inc.
finance.yahoo.com - August 13 at 3:32 PM |
 | Ambac Financial's (AMBC) CEO Claude LeBlanc on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 11 at 3:16 AM |
| Edited Transcript of AMBC earnings conference call or presentation 10-Aug-17 12:30pm GMT
finance.yahoo.com - August 10 at 10:14 PM |
 | Ambac Financial Group, Inc. (AMBC) Issues Quarterly Earnings Results
www.americanbankingnews.com - August 9 at 10:05 PM |
 | Ambac Financial Reports Q2 Adj. EPS Of $1.54 - Quick Facts
www.nasdaq.com - August 9 at 9:00 PM |
| Ambac Announces Second Quarter 2017 Results
finance.yahoo.com - August 9 at 9:00 PM |
| Ambac posts 2Q profit
finance.yahoo.com - August 9 at 9:00 PM |
| Ambac Financial Group, Inc. (AMBC) to Release Earnings on Monday
www.americanbankingnews.com - July 31 at 8:05 AM |
| Ambac Financial Group, Inc. (NASDAQ:AMBC) Stock Rating Reaffirmed by MKM Partners
www.americanbankingnews.com - July 25 at 12:53 PM |
| Analyzing Ambac Financial Group (AMBC) and Fidelity National Financial (FNF)
www.americanbankingnews.com - July 24 at 6:05 PM |
| Ambac Financial Group's (NASDAQ:AMBC) Buy Rating Reiterated at BTIG Research
www.americanbankingnews.com - July 22 at 2:08 PM |
| Ambac Financial Group (NASDAQ:AMBC) & Fidelity National Financial (FNF) Financial Survey
www.americanbankingnews.com - July 21 at 6:10 PM |
 | Ambac Financial Group (AMBC) Climbed To Over A 4-Month High
www.rttnews.com - July 21 at 5:27 PM |
| Ambac to Release Second Quarter 2017 Earnings on August 9, 2017
finance.yahoo.com - July 21 at 5:27 PM |
| Zacks: Ambac Financial Group, Inc. (AMBC) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - July 21 at 11:20 AM |
| Bloomberg Markets: Dave Wilson’s Stock of the Day for July 20
www.bloomberg.com - July 20 at 10:16 PM |
| Ambac Assurance Reaches Definitive Agreement On and Receives Confirmation of OCI Support for a Transformational Plan to Conclude the Segregated Account Rehabilitation
finance.yahoo.com - July 20 at 3:03 AM |
| Head-To-Head Review: Ambac Financial Group (AMBC) versus Fidelity National Financial (FNF)
www.americanbankingnews.com - July 17 at 12:22 PM |
| Financial Comparison: Fidelity National Financial (FNF) & Ambac Financial Group (AMBC)
www.americanbankingnews.com - July 17 at 10:27 AM |
| Ambac Comments on the Status of the Segregated Account Rehabilitation
finance.yahoo.com - July 11 at 5:02 PM |
| Ambac Financial Group, Inc. – Value Analysis (NASDAQ:AMBC) : July 3, 2017
finance.yahoo.com - July 3 at 8:39 PM |
| Ambac Financial Group, Inc. breached its 50 day moving average in a Bullish Manner : AMBC-US : June 30, 2017
finance.yahoo.com - June 30 at 3:48 PM |
| Zacks: Ambac Financial Group, Inc. (AMBC) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - June 29 at 8:34 PM |
| Head to Head Review: Fidelity National Financial (FNF) and Ambac Financial Group (AMBC)
www.americanbankingnews.com - June 26 at 12:10 AM |
| Ambac Financial Group's (AMBC) Buy Rating Reaffirmed at BTIG Research
www.americanbankingnews.com - June 25 at 2:30 PM |
| Ambac Assurance Granted Extension to Continue Negotiations Regarding a Plan to Support a Resolution for the Segregated Account Rehabilitation
finance.yahoo.com - June 20 at 9:05 PM |
| Analyzing Ambac Financial Group (AMBC) & NMI Holdings (NMIH)
www.americanbankingnews.com - June 14 at 4:08 PM |
| Ambac’s Segregated Account Rehabilitator Files 2017 Annual Report
finance.yahoo.com - June 5 at 11:30 PM |
| ETFs with exposure to Ambac Financial Group, Inc. : June 2, 2017
finance.yahoo.com - June 2 at 4:42 PM |
| Ambac Financial Group, Inc. :AMBC-US: Earnings Analysis: Q1, 2017 By the Numbers : June 1, 2017
finance.yahoo.com - June 1 at 3:42 PM |
| Puerto Rico's Cofina Bond Payments Suspended by Judge
finance.yahoo.com - May 31 at 8:32 PM |
| Zacks: Ambac Financial Group, Inc. (AMBC) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - May 29 at 8:50 PM |
| Ambac Financial Group, Inc. (AMBC) Short Interest Update
www.americanbankingnews.com - May 28 at 7:04 AM |
| Ambac Financial Group Inc (AMBC) CEO Claude Leblanc Bought $123,375 of Shares
finance.yahoo.com - May 23 at 7:24 AM |
| Ambac Financial Group, Inc. (AMBC) CEO Claude Leblanc Purchases 7,500 Shares
www.americanbankingnews.com - May 22 at 8:14 PM |
| Ambac Names R. Sharon Smith Senior Managing Director, Chief of Staff
finance.yahoo.com - May 17 at 12:29 PM |
| [$$] Bond Insurer's Appetite for Puerto Rico Debt Hasn't Waned
finance.yahoo.com - May 16 at 8:33 PM |
| Ambac Financial Group, Inc. (AMBC) CEO Buys $86,600.00 in Stock
www.americanbankingnews.com - May 16 at 8:22 PM |
| MKM Partners Upgrades Ambac Financial Group, Inc. (AMBC) to Neutral
www.americanbankingnews.com - May 13 at 10:56 AM |
| Ambac Financial Group's (AMBC) "Buy" Rating Reiterated at BTIG Research
www.americanbankingnews.com - May 11 at 9:36 PM |
| Edited Transcript of AMBC earnings conference call or presentation 11-May-17 12:30pm GMT
finance.yahoo.com - May 11 at 8:49 PM |
Ambac Financial Group (AMBC) Chart for Wednesday, September, 20, 2017
