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 Surety insurance
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:AMBC
CUSIPN/A
Phone212-658-7470
Debt
Debt-to-Equity Ratio7.22
Current Ratio0.91
Quick Ratio0.91
Price-To-Earnings
Trailing P/E Ratio3.56
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$621.25 million
Price / Sales1.45
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 Margins15.31%
Return on Equity13.71%
Return on Assets1.11%
Miscellaneous
Employees124
Outstanding Shares45,330,000
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) released its quarterly earnings results on Tuesday, May, 8th. The financial services provider reported $7.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.09 by $6.13. The financial services provider earned $174.10 million during the quarter, compared to the consensus estimate of $106.34 million. Ambac Financial Group had a return on equity of 13.71% and a net margin of 15.31%. The business's revenue was up 38.0% on a year-over-year basis. During the same quarter in the previous year, the company posted ($2.01) EPS. View Ambac Financial Group's Earnings History.
When is Ambac Financial Group's next earnings date?
What price target have analysts set for AMBC?
2 Wall Street analysts have issued 1-year target prices for Ambac Financial Group's stock. Their forecasts range from $21.00 to $26.00. On average, they expect 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?
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)
Has Ambac Financial Group been receiving favorable news coverage?
Headlines about AMBC stock have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Ambac Financial Group earned a media sentiment score of 0.13 on Accern's scale. They also assigned news articles about the financial services provider an impact score of 46.32 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.
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 BlackRock Inc. (4.69%), Gendell Jeffrey L (2.37%), Rubric Capital Management LP (1.24%), Schwab Charles Investment Management Inc. (1.04%), LSV Asset Management (0.83%) and Gator Capital Management LLC (0.73%). Company insiders that own Ambac Financial Group stock include C James Prieur, Claude Leblanc and Tavakoli Nader. View Institutional Ownership Trends for Ambac Financial Group.
Which major investors are selling Ambac Financial Group stock?
AMBC stock was sold by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, GSA Capital Partners LLP, BlackRock Inc., LSV Asset Management, Teacher Retirement System of Texas, BB&T Securities LLC, UBS Group AG and Barclays PLC. View Insider Buying and Selling for Ambac Financial Group.
Which major investors are buying Ambac Financial Group stock?
AMBC stock was acquired by a variety of institutional investors in the last quarter, including Gendell Jeffrey L, Rubric Capital Management LP, Gator Capital Management LLC, Schwab Charles Investment Management Inc., CQS Cayman LP, X Square Capital LLC, Wells Fargo & Company MN and Swiss National Bank. Company insiders that have bought Ambac Financial Group stock in the last two years include C James Prieur, Claude Leblanc and Tavakoli Nader. 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 $900.30 million and generates $621.25 million in revenue each year. Ambac Financial Group employs 124 workers across the globe.
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 (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.
