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
Stock Exchange NASDAQ
Industry Surety insurance
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:AMBC
CUSIPN/A
Phone212-658-7470
Debt
Debt-to-Equity Ratio6.90
Current Ratio0.99
Quick Ratio0.99
Price-To-Earnings
Trailing P/E Ratio4.54
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$621.25 million
Price / Sales1.60
Cash FlowN/A
Price / CashN/A
Book Value$36.36 per share
Price / Book0.60
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-328,710,000.00
Net Margins15.40%
Return on Equity11.70%
Return on Assets0.98%
Miscellaneous
Employees124
Outstanding Shares45,330,000
Market Cap$991.42 million
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) announced its earnings results on Wednesday, August, 8th. The financial services provider reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.21. The financial services provider had revenue of $150.64 million for 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 period in the previous year, the business earned $1.54 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 analysts have issued 1 year price objectives for Ambac Financial Group's shares. Their forecasts range from $20.00 to $20.00. On average, they expect Ambac Financial Group's share price to reach $20.00 in the next year. This suggests that the stock has a possible downside of 8.7%. 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)
Has Ambac Financial Group been receiving favorable news coverage?
Headlines about AMBC stock have trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ambac Financial Group earned a media and rumor sentiment score of 0.19 on Accern's scale. They also gave headlines about the financial services provider an impact score of 45.51 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future. View Recent Headlines for Ambac Financial Group.
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 Dimensional Fund Advisors LP (5.61%), BlackRock Inc. (4.66%), FMR LLC (4.55%), EJF Capital LLC (3.58%), Gendell Jeffrey L (2.67%) and Schwab Charles Investment Management Inc. (1.40%). 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 EJF Capital LLC, FMR LLC, Raffles Associates LP, Dimensional Fund Advisors LP, Gator Capital Management LLC, BlackRock Inc., Berson & Corrado Investment Advisors LLC and BNP Paribas Arbitrage SA. 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 Bank of New York Mellon Corp, Chicago Equity Partners LLC, Natixis, Schwab Charles Investment Management Inc., ING Groep NV, Gendell Jeffrey L, Canada Pension Plan Investment Board and Legal & General Group Plc. 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 $21.91.
How big of a company is Ambac Financial Group?
Ambac Financial Group has a market capitalization of $991.42 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 (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.
