NASDAQ:AMBC - Ambac Financial Group Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$20.07 +0.05 (+0.25 %)
(As of 10/23/2018 04:00 PM ET)
Previous Close$20.02
Today's Range$19.64 - $20.16
52-Week Range$13.17 - $23.34
Volume523,400 shs
Average Volume472,782 shs
Market Capitalization$888.51 million
P/E Ratio4.07
Dividend YieldN/A
Beta1.75
Ambac Financial Group, Inc., a financial services holding company, provides financial guarantees to clients in public and private sectors worldwide. It offers financial guarantee insurance policies and credit derivative contracts for public finance, structured finance, and international finance. The company was founded in 1971 and is headquartered in New York, New York.

Receive AMBC News and Ratings via Email

Sign-up to receive the latest news and ratings for AMBC and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Surety insurance
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:AMBC
Previous Symbol
CUSIPN/A
Phone212-658-7470

Debt

Debt-to-Equity Ratio6.90
Current Ratio0.99
Quick Ratio0.99

Price-To-Earnings

Trailing P/E Ratio4.07
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$621.25 million
Price / Sales1.46
Cash FlowN/A
Price / CashN/A
Book Value$36.36 per share
Price / Book0.55

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$-328,710,000.00
Net Margins15.40%
Return on Equity11.70%
Return on Assets0.98%

Miscellaneous

Employees124
Outstanding Shares45,330,000
Market Cap$888.51 million
OptionableN/A

Ambac Financial Group (NASDAQ:AMBC) Frequently Asked Questions

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) posted its quarterly earnings results on Wednesday, August, 8th. The financial services provider reported $0.78 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.57 by $0.21. The financial services provider earned $150.64 million during the quarter, compared to the consensus estimate of $146.37 million. Ambac Financial Group had a net margin of 15.40% and a return on equity of 11.70%. The company's revenue was down 12.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.54 earnings per share. View Ambac Financial Group's Earnings History.

When is Ambac Financial Group's next earnings date?

Ambac Financial Group is scheduled to release their next quarterly earnings announcement on Wednesday, November 7th 2018. View Earnings Estimates for Ambac Financial Group.

What price target have analysts set for AMBC?

2 analysts have issued 1 year price targets for Ambac Financial Group's shares. Their predictions range from $20.00 to $20.00. On average, they expect Ambac Financial Group's stock price to reach $20.00 in the next year. This suggests that the stock has a possible downside of 0.3%. View Analyst Price Targets for Ambac Financial Group.

What is the consensus analysts' recommendation for Ambac Financial Group?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ambac Financial Group in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ambac Financial Group.

Who are some of Ambac Financial Group's key competitors?

Who are Ambac Financial Group's key executives?

Ambac Financial Group's management team includes the folowing people:
  • Mr. Claude L. LeBlanc, Pres, CEO & Director (Age 53)
  • Mr. David Trick, Exec. VP, CFO & Treasurer (Age 46)
  • Mr. Robert Bryan Eisman, Sr. MD, Chief Accounting Officer & Controller (Age 51)
  • Mr. Stephen Michael Ksenak, Sr. MD & Gen. Counsel (Age 52)
  • Mr. David Barranco, Sr. Managing Director of Restructuring & Corp. Devel. (Age 47)

Who are Ambac Financial Group's major shareholders?

Ambac Financial Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Corrado Advisors LLC (0.17%). Company insiders that own Ambac Financial Group stock include C James Prieur and Claude Leblanc. View Institutional Ownership Trends for Ambac Financial Group.

Which institutional investors are selling Ambac Financial Group stock?

AMBC stock was sold by a variety of institutional investors in the last quarter, including Corrado Advisors LLC. View Insider Buying and Selling for Ambac Financial Group.

How do I buy shares of Ambac Financial Group?

Shares of AMBC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market 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 AMBC stock can currently be purchased for approximately $20.07.

How big of a company is Ambac Financial Group?

Ambac Financial Group has a market capitalization of $888.51 million and generates $621.25 million in revenue each year. Ambac Financial Group employs 124 workers across the globe.

What is Ambac Financial Group's official website?

The official website for Ambac Financial Group is http://www.ambac.com.

How can I contact Ambac Financial Group?

Ambac Financial Group's mailing address is ONE STATE ST PLZ, NEW YORK NY, 10004. The financial services provider can be reached via phone at 212-658-7470 or via email at [email protected]


MarketBeat Community Rating for Ambac Financial Group (NASDAQ AMBC)

Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  85 (Vote Outperform)
Underperform Votes:  188 (Vote Underperform)
Total Votes:  273
MarketBeat's community ratings are surveys of what our community members think about Ambac Financial Group and other stocks. Vote "Outperform" if you believe AMBC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe AMBC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/23/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel