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

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$19.95 +0.08 (+0.40 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$19.87
Today's Range$19.84 - $20.18
52-Week Range$13.96 - $23.34
Volume139,900 shs
Average Volume210,514 shs
Market Capitalization$904.45 million
P/E Ratio3.11
Dividend YieldN/A
Beta1.21
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.

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Industry, Sector and Symbol

Industry Surety insurance
Sub-IndustryN/A
SectorFinance
Current SymbolNASDAQ:AMBC
CUSIPN/A
Phone212-658-7470

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$621.25 million
Book Value$36.36 per share

Profitability

Net Income$-328,710,000.00

Miscellaneous

Employees124
Market Cap$904.45 million
Next Earnings Date2/28/2019 (Confirmed)
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 earnings results on Wednesday, November, 7th. The financial services provider reported ($1.66) earnings per share (EPS) for the quarter, missing the Thomson Reuters' 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 28.81% and a return on equity of 15.53%. The company's revenue for the quarter was up .8% on a year-over-year basis. During the same quarter last year, the business posted ($3.30) 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 Thursday, February 28th 2019. View Earnings Estimates for Ambac Financial Group.

How can I listen to Ambac Financial Group's earnings call?

Ambac Financial Group will be holding an earnings conference call on Friday, March 1st at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8774079716.

What price target have analysts set for AMBC?

2 brokerages have issued 12-month price objectives for Ambac Financial Group's stock. Their forecasts 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 a possible upside of 0.3% from the stock's current price. 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.

Has Ambac Financial Group been receiving favorable news coverage?

Media stories about AMBC stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog 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 sentiment score of 1.7 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 media coverage is extremely likely to have an effect on the company's share price in the near future.

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

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 many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.65%), Dimensional Fund Advisors LP (4.90%), EJF Capital LLC (4.62%), Bank of America Corp DE (4.46%), Raging Capital Management LLC (3.34%) and Gendell Jeffrey L (1.90%). Company insiders that own Ambac Financial Group stock include C James Prieur and Claude Leblanc. 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 Gendell Jeffrey L, LSV Asset Management, Dimensional Fund Advisors LP, Bank of America Corp DE, Barrow Hanley Mewhinney & Strauss LLC, Barclays PLC, Canada Pension Plan Investment Board and MetLife Investment Advisors LLC. View Insider Buying and Selling for Ambac Financial Group.

Which major 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 $19.95.

How big of a company is Ambac Financial Group?

Ambac Financial Group has a market capitalization of $904.45 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:  98 (Vote Outperform)
Underperform Votes:  216 (Vote Underperform)
Total Votes:  314
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 2/23/2019 by MarketBeat.com Staff

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