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.
Industry, Sector and Symbol
Industry N/A
Sub-IndustryN/A
SectorFinance
Phone212-658-7470
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$510.66 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date5/14/2019 (Estimated)
OptionableOptionable
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) issued its quarterly earnings data on Wednesday, November, 7th. The financial services provider reported ($1.66) EPS for the quarter, missing the Zacks' consensus estimate of $0.30 by $1.96. The financial services provider earned $134 million during the quarter, compared to analyst estimates of $96.21 million. Ambac Financial Group had a net margin of 36.37% and a return on equity of 15.84%. Ambac Financial Group's revenue was up .8% on a year-over-year basis. During the same period in the previous year, the company posted ($3.30) earnings per share. View Ambac Financial Group's Earnings History.
When is Ambac Financial Group's next earnings date?
What price target have analysts set for AMBC?
1 brokerages have issued 1-year price targets for Ambac Financial Group's stock. Their forecasts range from $20.00 to $20.00. On average, they anticipate Ambac Financial Group's stock price to reach $20.00 in the next year. This suggests a possible upside of 0.9% from the stock's current price. View Analyst Price Targets for Ambac Financial Group.
What is the consensus analysts' recommendation for Ambac Financial Group?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ambac Financial Group in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ambac Financial Group.
Has Ambac Financial Group been receiving favorable news coverage?
News headlines about AMBC stock have trended somewhat positive this week, according to InfoTrie Sentiment. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ambac Financial Group earned a news impact score of 1.1 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next several days.
Who are some of Ambac Financial Group's key competitors?
Some companies that are related to Ambac Financial Group include Weingarten Realty Investors (WRI), BankUnited (BKU), Two Harbors Investment (TWO), CHIMERA INVT CO/SH NEW (CIM), LaSalle Hotel Properties (LHO), Glacier Bancorp (GBCI), Rexford Industrial Realty (REXR), Investors Bancorp (ISBC), Valley National Bancorp (VLY), DNP Select Income Fund (DNP), Bank of Hawaii (BOH), Paramount Group (PGRE), FS KKR Capital (FSK), Banco Macro (BMA) and Sunstone Hotel Investors (SHO).
What other stocks do shareholders of Ambac Financial Group own?
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 54)
- Mr. David Trick, Exec. VP, CFO & Treasurer (Age 47)
- Mr. Robert Bryan Eisman, Sr. MD, Chief Accounting Officer & Controller (Age 52)
- Mr. Stephen Michael Ksenak, Sr. MD & Gen. Counsel (Age 53)
- Mr. David Barranco, Sr. Managing Director of Restructuring & Corp. Devel. (Age 48)
Who are Ambac Financial Group's major shareholders?
Ambac Financial Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.65%), Dimensional Fund Advisors LP (4.90%), Dimensional Fund Advisors LP (4.90%), EJF Capital LLC (4.62%), Bank of America Corp DE (4.46%) and Raging Capital Management LLC (3.34%). 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 Gendell Jeffrey L, LSV Asset Management, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Bank of America Corp DE, Barrow Hanley Mewhinney & Strauss LLC, Barclays PLC and Canada Pension Plan Investment Board. View Insider Buying and Selling for Ambac Financial Group.
Which institutional investors are buying Ambac Financial Group stock?
AMBC stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Raging Capital Management LLC, EJF Capital LLC, Nordea Investment Management AB, ClariVest Asset Management LLC, United Services Automobile Association, Bank of New York Mellon Corp and Squarepoint Ops LLC. Company insiders that have bought Ambac Financial Group stock in the last two years include C James Prieur and Claude Leblanc. 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 $19.82.
How big of a company is Ambac Financial Group?
Ambac Financial Group has a market capitalization of $898.68 million and generates $510.66 million in revenue each year.
What is Ambac Financial Group's official website?
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)
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.
