About Ambac Financial Group (NASDAQ:AMBC)
Ambac Financial Group, Inc., a financial services holding company, provides financial guarantees and other financial services to clients in both the public and private sectors worldwide. It operates through two segments, Financial Guarantee and Financial Services. The Financial Guarantee segment provides financial guarantees, including insurance policies and credit derivative contracts for public finance, structured finance, and international obligations. The Financial Services segment offers investment agreements, funding conduits, and interest rate swaps, principally to clients of the financial guarantee business. The company was founded in 1971 and is headquartered in New York, New York.
Industry, Sector and Symbol:
- Industry: Surety & Title Insurance
- Sub-Industry: N/A
- Sector: Finance
- Symbol: NASDAQ:AMBC
- CUSIP: N/A
- Web: www.ambac.com
- Debt-to-Equity Ratio: 7.46%
- Current Ratio: 0.38%
- Quick Ratio: 0.38%
Sales & Book Value:
- Annual Sales: $506.15 million
- Price / Sales: 1.25
- Cash Flow: $7.41 per share
- Price / Cash: 1.89
- Book Value: $39.16 per share
- Price / Book: 0.36
- Trailing EPS: ($8.90)
- Net Income: $74.84 million
- Net Margins: -60.33%
- Return on Equity: -9.68%
- Return on Assets: -0.80%
- Employees: 154
- Outstanding Shares: 45,250,000
Frequently Asked Questions for Ambac Financial Group (NASDAQ:AMBC)
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 data on Wednesday, November, 8th. The financial services provider reported ($3.30) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.92 by $4.22. The financial services provider had revenue of $132.97 million for the quarter, compared to analysts' expectations of $125.84 million. Ambac Financial Group had a negative net margin of 60.33% and a negative return on equity of 9.68%. Ambac Financial Group's revenue for the quarter was down 8.3% compared to the same quarter last year. During the same period last year, the company earned $3.23 earnings per share. View Ambac Financial Group's Earnings History.
Where is Ambac Financial Group's stock going? Where will Ambac Financial Group's stock price be in 2017?
2 brokers have issued 1 year target prices for Ambac Financial Group's stock. Their predictions range from $21.00 to $26.00. On average, they expect Ambac Financial Group's share 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?
Some companies that are related to Ambac Financial Group include Monmouth Real Estate Investment Corporation (MNR), CYS Investments (CYS), Hannon Armstrong Sustainable Infrastructure Capital (HASI), National Western Life Group (NWLI), St. Joe Company (The) (JOE), Safety Insurance Group (SAFT), TPG Specialty Lending (TSLX), AMERISAFE (AMSF), Beneficial Bancorp (BNCL), Lakeland Financial Corporation (LKFN), FB Financial Corporation (FBK), Fanhua (FANH), Kearny Financial (KRNY), Infinity Property and Casualty Corporation (IPCC), New York REIT (NYRT), United Fire Group (UFCS), Encore Capital Group (ECPG) and Marcus & Millichap (MMI).
Who owns Ambac Financial Group stock?
Ambac Financial Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (5.67%), EJF Capital LLC (5.24%), Evermore Global Advisors LLC (1.87%), Sessa Capital IM L.P. (1.33%), Schwab Charles Investment Management Inc. (0.84%) and California Public Employees Retirement System (0.57%). Company insiders that own Ambac Financial Group stock include Alexander David Greene, C James Prieur, Claude Leblanc, David L Herzog, Jeffrey Scott Stein and Tavakoli Nader. View Institutional Ownership Trends for Ambac Financial Group.
Who sold Ambac Financial Group stock? Who is selling Ambac Financial Group stock?
Ambac Financial Group's stock was sold by a variety of institutional investors in the last quarter, including Evermore Global Advisors LLC, Systematic Financial Management LP, First Trust Advisors LP, GSA Capital Partners LLP, California State Teachers Retirement System, Bank of New York Mellon Corp and Dimensional Fund Advisors LP. View Insider Buying and Selling for Ambac Financial Group.
Who bought Ambac Financial Group stock? Who is buying Ambac Financial Group stock?
Ambac Financial Group's stock was acquired by a variety of institutional investors in the last quarter, including EJF Capital LLC, JPMorgan Chase & Co., Chicago Equity Partners LLC, Schwab Charles Investment Management Inc., Wells Fargo & Company MN, Nine Chapters Capital Management LLC, Russell Investments Group Ltd. and California Public Employees Retirement System. Company insiders that have bought Ambac Financial Group stock in the last two years include Alexander David Greene, C James Prieur, Claude Leblanc, David L Herzog, Jeffrey Scott Stein and Tavakoli Nader. View Insider Buying and Selling for Ambac Financial Group.
How do I buy Ambac Financial Group stock?
Shares of Ambac Financial Group 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 Ambac Financial Group stock can currently be purchased for approximately $14.00.
How big of a company is Ambac Financial Group?
Ambac Financial Group has a market capitalization of $644.83 million and generates $506.15 million in revenue each year. The financial services provider earns $74.84 million in net income (profit) each year or ($8.90) on an earnings per share basis. Ambac Financial Group employs 154 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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Ambac Financial Group (NASDAQ:AMBC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 1 Hold Rating, 1 Buy Rating, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 2.50)|
|Consensus Price Target: ||$23.50 (67.86% upside)|
Consensus Price Target History for Ambac Financial Group (NASDAQ:AMBC)
Analysts' Ratings History for Ambac Financial Group (NASDAQ:AMBC)
(Data available from 11/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/5/2017||MKM Partners||Reiterated Rating||Hold||N/A|
|7/22/2017||BTIG Research||Reiterated Rating||Buy||$26.00||Low|
Earnings History and Estimates Chart for Ambac Financial Group (NASDAQ:AMBC)
Earnings History by Quarter for Ambac Financial Group (NASDAQ AMBC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/8/2017||Q3 2017||$0.92||($3.30)||$125.84 million||$132.97 million||View||N/A|
|8/9/2017||Q2 2017||$1.22||$1.54||$127.75 million||$172.85 million||View||Listen|
|5/10/2017||Q1 2017||$3.01||($2.01)||$136.46 million||$126.20 million||View||N/A|
|2/28/2017||Q4 2016||$0.63||($0.28)||$127.58 million||$237.49 million||View||N/A|
|11/3/2016||Q3||$0.52||$3.23||$110.15 million||$144.10 million||View||N/A|
|8/9/2016||Q216||$1.05||$2.54||$119.30 million||$106.70 million||View||Listen|
|5/10/2016||Q1||$1.04||$4.82||$126.90 million||$16.90 million||View||Listen|
|2/18/2016||Q4||$1.15||$10.64||$123.80 million||$170.70 million||View||Listen|
|11/9/2015||Q315||$0.90||$3.77||$129.34 million||$87.69 million||View||N/A|
|8/10/2015||Q215||$0.90||$5.70||$130.15 million||$230.75 million||View||Listen|
|5/11/2015||Q115||$0.98||$5.27||$120.60 million||$155.49 million||View||N/A|
|3/2/2015||Q414||$0.25||$10.22||$144.60 million||$6.86 million||View||N/A|
|11/10/2014||Q314||$0.43||$1.77||$128.80 million||$155.34 million||View||N/A|
|8/11/2014||Q214||$0.59||($2.51)||$131.00 million||$57.33 million||View||N/A|
|5/12/2014||Q114||$1.01||$3.31||$123.30 million||$109.14 million||View||N/A|
|11/14/2013||Q313||($0.22)||$4.17||$147.25 million||$171.70 million||View||N/A|
|8/14/2013||Q2 2013||$2.04||$4.42||$242.80 million||View||N/A|
Earnings Estimates for Ambac Financial Group (NASDAQ:AMBC)
No earnings estimates for this company have been tracked by MarketBeat.com
Dividend History for Ambac Financial Group (NASDAQ:AMBC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Ambac Financial Group (NASDAQ AMBC)
Insider Ownership Percentage: 0.61%
Institutional Ownership Percentage: 72.85%
Insider Trades by Quarter for Ambac Financial Group (NASDAQ AMBC)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/13/2017||C James Prieur||Director||Buy||10,000||$14.02||$140,200.00|| |
|10/4/2017||Claude Leblanc||CEO||Buy||15,000||$16.64||$249,600.00|| |
|5/18/2017||Claude Leblanc||CEO||Buy||7,500||$16.45||$123,375.00|| |
|5/15/2017||Claude Leblanc||CEO||Buy||5,000||$17.32||$86,600.00|| |
|3/17/2017||Claude Leblanc||CEO||Buy||20,000||$19.55||$391,000.00|| |
|9/20/2016||Tavakoli Nader||CEO||Buy||12,000||$18.06||$216,720.00|| |
|6/27/2016||Tavakoli Nader||CEO||Buy||20,000||$15.07||$301,400.00|| |
|6/14/2016||Tavakoli Nader||CEO||Buy||38,855||$15.98||$620,902.90|| |
|5/20/2016||Tavakoli Nader||CEO||Buy||16,400||$16.15||$264,860.00|| |
|4/6/2016||Alexander David Greene||Director||Buy||10,000||$15.05||$150,500.00|| |
|4/6/2016||Tavakoli Nader||CEO||Buy||16,200||$14.84||$240,408.00|| |
|3/31/2016||David L Herzog||Director||Buy||12,820||$15.84||$203,068.80|| |
|3/31/2016||Tavakoli Nader||CEO||Buy||28,390||$15.98||$453,672.20|| |
|1/8/2016||Tavakoli Nader||CEO||Buy||61,496||$12.82||$788,378.72|| |
|1/7/2016||Jeffrey Scott Stein||Director||Buy||4,500||$12.88||$57,960.00|| |
|12/14/2015||Tavakoli Nader||Insider||Buy||16,100||$13.22||$212,842.00|| |
|11/12/2015||Tavakoli Nader||Insider||Buy||31,325||$15.04||$471,128.00|| |
|7/8/2015||Alexander David Greene||Director||Buy||3,000||$17.69||$53,070.00|| |
|7/7/2015||Tavakoli Nader||Insider||Buy||15,000||$16.54||$248,100.00|| |
Latest Headlines for Ambac Financial Group (NASDAQ AMBC)
|Zacks: Brokerages Set $19.00 Target Price for Ambac Financial Group, Inc. (AMBC)|
www.americanbankingnews.com - November 17 at 7:12 PM
|Earnings Review and Free Research Report: Fidelity National Financial’s Revenue Grew 1.9%; EPS Advanced 6.8%|
finance.yahoo.com - November 16 at 11:06 AM
|Ambac Financial Group, Inc. (AMBC) Director Purchases $140,200.00 in Stock|
www.americanbankingnews.com - November 14 at 8:52 PM
|Ambac Financial Group Sees Unusually Large Options Volume (AMBC)|
www.americanbankingnews.com - November 12 at 4:04 AM
|Ambac Financial Group Target of Unusually Large Options Trading (AMBC)|
www.americanbankingnews.com - November 12 at 1:56 AM
|Edited Transcript of AMBC earnings conference call or presentation 9-Nov-17 1:30pm GMT|
finance.yahoo.com - November 11 at 9:00 AM
|Ambac Financial's (AMBC) CEO Claude LeBlanc on Q3 2017 Results - Earnings Call Transcript|
seekingalpha.com - November 10 at 2:25 PM
|Ambac Financial Group, Inc. :AMBC-US: Earnings Analysis: Q3, 2017 By the Numbers : November 10, 2017|
finance.yahoo.com - November 10 at 2:25 PM
|Ambac Financial Group, Inc. (AMBC) Releases Earnings Results, Misses Expectations By $4.22 EPS|
www.americanbankingnews.com - November 10 at 12:51 PM
|Ambac reports 3Q loss|
finance.yahoo.com - November 9 at 4:51 PM
|Ambac Announces Third Quarter 2017 Results|
finance.yahoo.com - November 8 at 8:43 PM
|Bond insurer MBIA stock price rises sharply after third-quarter earnings|
www.reuters.com - November 8 at 3:42 PM
|ETFs with exposure to Ambac Financial Group, Inc. : November 7, 2017|
finance.yahoo.com - November 7 at 5:26 PM
|Ambac Financial Group, Inc. (AMBC) to Release Earnings on Wednesday|
www.americanbankingnews.com - October 25 at 6:30 AM
|Ambac to Release Third Quarter 2017 Earnings on November 8, 2017|
finance.yahoo.com - October 16 at 4:37 PM
|Trump Claims Puerto Rico's Bond Debt Will Be 'Wiped Out,' Here's Who'd Lose Big|
finance.yahoo.com - October 9 at 4:51 PM
|Ambac Financial Group, Inc. (AMBC) CEO Purchases $249,600.00 in Stock|
www.americanbankingnews.com - October 5 at 7:46 PM
|Ambac Financial Group, Inc. (AMBC) Stock Rating Reaffirmed by MKM Partners|
www.americanbankingnews.com - October 5 at 3:38 PM
|Trump’s Puerto Rico Comments Rocked These Markets|
www.bloomberg.com - October 5 at 1:22 PM
|ETFs with exposure to Ambac Financial Group, Inc. : October 5, 2017|
finance.yahoo.com - October 5 at 1:22 PM
|Trump's Puerto Rico Comments Hit Bond Insurer Stocks|
finance.yahoo.com - October 4 at 2:32 PM
|Notable Thursday Option Activity: AMBC, FINL, ICPT|
www.nasdaq.com - September 22 at 2:34 PM
|CFPB Deal Could Mean Relief From Wall Street's Worst Student Loans|
www.bloomberg.com - September 15 at 9:05 PM
|BRIEF-Ambac Financial Group says revised initial dates of pre-trial hearing|
www.reuters.com - September 14 at 9:24 PM
|Court Dates Revised for Ambac's Segregated Account's Rehabilitation Hearings|
feeds.benzinga.com - September 13 at 6:23 PM
|Court Dates Revised for Ambac’s Segregated Account’s Rehabilitation Hearings|
finance.yahoo.com - September 13 at 4:54 PM
|ETFs with exposure to Ambac Financial Group, Inc. : September 9, 2017|
finance.yahoo.com - September 9 at 2:15 AM
|Ambac Financial Group, Inc. :AMBC-US: Earnings Analysis: Q2, 2017 By the Numbers : September 7, 2017|
finance.yahoo.com - September 7 at 3:45 PM
|Ambac Financial Group, Inc. – Value Analysis (NASDAQ:AMBC) : August 28, 2017|
finance.yahoo.com - August 28 at 8:55 PM
|Six Financials That Look Attractive After The Sector's Selloff|
finance.yahoo.com - August 22 at 4:33 PM
|Ambac Financial Group, Inc. breached its 50 day moving average in a Bearish Manner : AMBC-US : August 18, 2017|
finance.yahoo.com - August 18 at 3:55 PM
|See what the IHS Markit Score report has to say about Ambac Financial Group Inc.|
finance.yahoo.com - August 13 at 3:32 PM
|Ambac Financial's (AMBC) CEO Claude LeBlanc on Q2 2017 Results - Earnings Call Transcript|
seekingalpha.com - August 11 at 3:16 AM
|Edited Transcript of AMBC earnings conference call or presentation 10-Aug-17 12:30pm GMT|
finance.yahoo.com - August 10 at 10:14 PM
|Ambac Financial Group, Inc. (AMBC) Issues Quarterly Earnings Results|
www.americanbankingnews.com - August 9 at 10:05 PM
|Ambac Financial Reports Q2 Adj. EPS Of $1.54 - Quick Facts|
www.nasdaq.com - August 9 at 9:00 PM
|Ambac Announces Second Quarter 2017 Results|
finance.yahoo.com - August 9 at 9:00 PM
|Ambac posts 2Q profit|
finance.yahoo.com - August 9 at 9:00 PM
|Ambac Financial Group, Inc. (AMBC) to Release Earnings on Monday|
www.americanbankingnews.com - July 31 at 8:05 AM
|Ambac Financial Group, Inc. (NASDAQ:AMBC) Stock Rating Reaffirmed by MKM Partners|
www.americanbankingnews.com - July 25 at 12:53 PM
|Analyzing Ambac Financial Group (AMBC) and Fidelity National Financial (FNF)|
www.americanbankingnews.com - July 24 at 6:05 PM
|Ambac Financial Group's (NASDAQ:AMBC) Buy Rating Reiterated at BTIG Research|
www.americanbankingnews.com - July 22 at 2:08 PM
|Ambac Financial Group (NASDAQ:AMBC) & Fidelity National Financial (FNF) Financial Survey|
www.americanbankingnews.com - July 21 at 6:10 PM
|Ambac Financial Group (AMBC) Climbed To Over A 4-Month High|
www.rttnews.com - July 21 at 5:27 PM
|Ambac to Release Second Quarter 2017 Earnings on August 9, 2017|
finance.yahoo.com - July 21 at 5:27 PM
|Bloomberg Markets: Dave Wilson’s Stock of the Day for July 20|
www.bloomberg.com - July 20 at 10:16 PM
|Ambac Assurance Reaches Definitive Agreement On and Receives Confirmation of OCI Support for a Transformational Plan to Conclude the Segregated Account Rehabilitation|
finance.yahoo.com - July 20 at 3:03 AM
|Head-To-Head Review: Ambac Financial Group (AMBC) versus Fidelity National Financial (FNF)|
www.americanbankingnews.com - July 17 at 12:22 PM
|Financial Comparison: Fidelity National Financial (FNF) & Ambac Financial Group (AMBC)|
www.americanbankingnews.com - July 17 at 10:27 AM
|Ambac Comments on the Status of the Segregated Account Rehabilitation|
finance.yahoo.com - July 11 at 5:02 PM
Financials are not available for this stock.
Ambac Financial Group (NASDAQ AMBC) Chart for Wednesday, November, 22, 2017