NYSE:AMBC

Ambac Financial Group (AMBC) Stock Price, News & Analysis

$18.33
+0.01 (+0.05%)
(As of 05/9/2024 ET)
Today's Range
$18.11
$18.43
50-Day Range
$14.00
$18.33
52-Week Range
$11.26
$18.45
Volume
378,821 shs
Average Volume
388,180 shs
Market Capitalization
$828.97 million
P/E Ratio
122.21
Dividend Yield
N/A
Price Target
$19.00

Ambac Financial Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
3.7% Upside
$19.00 Price Target
Short Interest
Bearish
4.65% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.53
Upright™ Environmental Score
News Sentiment
0.80mentions of Ambac Financial Group in the last 14 days
Based on 25 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
33.33%
From $0.45 to $0.60 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.59 out of 5 stars

Finance Sector

384th out of 868 stocks

Surety Insurance Industry

4th out of 8 stocks

AMBC stock logo

About Ambac Financial Group Stock (NYSE:AMBC)

Ambac Financial Group, Inc. operates as a financial services holding company. It operates three businesses: Specialty Property and Casualty Insurance, Insurance Distribution, and Legacy Financial Guarantee (LFG) Insurance. The Specialty Property and Casualty Insurance business provides specialty property and casualty program insurance with a focus commercial and personal liability risks. The Insurance Distribution business includes the specialty property and casualty insurance distribution business, which includes managing general agents and underwriters, insurance wholesalers, brokers, and other distribution businesses. The LFG Insurance business offers financial guarantee insurance policies that provide an unconditional and irrevocable guarantee, which protects the holder of a debt obligation against non-payment when due of the principal and interest on the obligations guaranteed. Ambac Financial Group, Inc. was incorporated in 1991 and is headquartered in New York, New York.

AMBC Stock Price History

AMBC Stock News Headlines

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Ambac Reports First Quarter 2024 Results
Ambac Financial Group Inc
AMBC Apr 2024 18.000 put
AMBC Aug 2024 21.000 call
AMBC Apr 2024 15.000 call
AMBC Apr 2024 17.000 put
AMBC Apr 2024 21.000 call
Q4 2023 Ambac Financial Group Inc Earnings Call
See More Headlines
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Company Calendar

Last Earnings
5/06/2024
Today
5/10/2024
Next Earnings (Estimated)
8/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Surety insurance
Sub-Industry
N/A
Employees
178
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$19.00
High Stock Price Target
$19.00
Low Stock Price Target
$19.00
Potential Upside/Downside
+3.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$4 million
Pretax Margin
4.46%

Debt

Sales & Book Value

Annual Sales
$269 million
Cash Flow
$3.02 per share
Book Value
$31.31 per share

Miscellaneous

Free Float
43,687,000
Market Cap
$828.88 million
Optionable
Optionable
Beta
1.30
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Key Executives

  • Mr. Claude L. LeBlancMr. Claude L. LeBlanc (Age 59)
    President, CEO & Director
    Comp: $2.77M
  • Mr. David Trick (Age 53)
    Executive VP, CFO & Treasurer
    Comp: $1.43M
  • Mr. Stephen Michael Ksenak (Age 58)
    Senior MD & General Counsel
    Comp: $1.33M
  • Mr. David Peter Barranco (Age 53)
    Senior MD and Head of Risk Management
    Comp: $1.23M
  • Ms. Rhonta Sharon Smith (Age 53)
    Executive VP & Chief Strategy Officer
    Comp: $1.25M
  • Mr. Daniel Matthew McGinnis (Age 52)
    Senior MD & COO
  • Mr. Robert Bryan Eisman (Age 57)
    Senior MD, Chief Accounting Officer & Controller
    Comp: $894.25k
  • Mr. Charles Joseph Sebaski
    MD & Head of Investor Relation
  • Kate Smith
    Director of Corporate Communications
  • Mr. Miguel Antonio Sanchez
    Managing Director of Ambac UK & Europe

AMBC Stock Analysis - Frequently Asked Questions

Should I buy or sell Ambac Financial Group stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ambac Financial Group in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AMBC shares.
View AMBC analyst ratings
or view top-rated stocks.

What is Ambac Financial Group's stock price target for 2024?

1 brokers have issued 12 month price objectives for Ambac Financial Group's shares. Their AMBC share price targets range from $19.00 to $19.00. On average, they expect the company's share price to reach $19.00 in the next twelve months. This suggests a possible upside of 3.7% from the stock's current price.
View analysts price targets for AMBC
or view top-rated stocks among Wall Street analysts.

How have AMBC shares performed in 2024?

Ambac Financial Group's stock was trading at $16.48 at the beginning of 2024. Since then, AMBC stock has increased by 11.2% and is now trading at $18.33.
View the best growth stocks for 2024 here
.

Are investors shorting Ambac Financial Group?

Ambac Financial Group saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 1,910,000 shares, an increase of 16.5% from the March 31st total of 1,640,000 shares. Based on an average daily volume of 385,100 shares, the short-interest ratio is currently 5.0 days. Approximately 4.7% of the shares of the company are short sold.
View Ambac Financial Group's Short Interest
.

When is Ambac Financial Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 5th 2024.
View our AMBC earnings forecast
.

How were Ambac Financial Group's earnings last quarter?

Ambac Financial Group, Inc. (NYSE:AMBC) announced its earnings results on Monday, May, 6th. The company reported $0.82 EPS for the quarter, beating analysts' consensus estimates of $0.21 by $0.61. The company earned $103 million during the quarter. Ambac Financial Group had a trailing twelve-month return on equity of 6.99% and a net margin of 1.48%. During the same period in the prior year, the company posted ($0.30) earnings per share.

What ETFs hold Ambac Financial Group's stock?
Who are Ambac Financial Group's major shareholders?

Ambac Financial Group's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Principal Financial Group Inc. (0.52%), Empowered Funds LLC (0.34%), Russell Investments Group Ltd. (0.32%), Los Angeles Capital Management LLC (0.19%), IMC Chicago LLC (0.00%) and Texas Permanent School Fund Corp (0.09%). Insiders that own company stock include C James Prieur, Claude Leblanc, David Trick, Lisa G Iglesias and R Sharon Smith.
View institutional ownership trends
.

How do I buy shares of Ambac Financial Group?

Shares of AMBC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:AMBC) was last updated on 5/10/2024 by MarketBeat.com Staff

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