About Ambac Financial Group (NASDAQ:AMBC)
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
Trailing P/E Ratio3.61
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$621.25 million
Price / Sales1.47
Price / CashN/A
Book Value$36.36 per share
Price / Book0.56
EPS (Most Recent Fiscal Year)N/A
Return on Equity13.71%
Return on Assets1.11%
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 Tuesday, May, 8th. The financial services provider reported $7.22 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.09 by $6.13. The financial services provider earned $174.10 million during the quarter, compared to analysts' expectations of $106.34 million. Ambac Financial Group had a return on equity of 13.71% and a net margin of 15.31%. The company's revenue was up 38.0% on a year-over-year basis. During the same quarter in the previous year, the business earned ($2.01) 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?
2 Wall Street analysts have issued 1-year price objectives for Ambac Financial Group's shares. Their predictions range from $21.00 to $26.00. On average, they anticipate Ambac Financial Group's stock price to reach $23.50 in the next year. 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?
Press coverage about AMBC stock has been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ambac Financial Group earned a coverage optimism score of 0.08 on Accern's scale. They also gave media coverage about the financial services provider an impact score of 47.03 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.
Who are Ambac Financial Group's major shareholders?
Ambac Financial Group's stock is owned by a number of 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 bought 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 $20.21.
How big of a company is Ambac Financial Group?
Ambac Financial Group has a market capitalization of $914.35 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.