NYSE:AMBC Ambac Financial Group - AMBC Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Ambac Financial Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $17.08 -0.42 (-2.40%) (As of 01/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$17.06▼$17.5750-Day Range$14.92▼$17.5052-Week Range$7.24▼$17.59Volume259,331 shsAverage Volume416,593 shsMarket Capitalization$768.09 millionP/E Ratio2.39Dividend YieldN/APrice Target$13.50 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Ambac Financial Group MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside21.0% Downside$13.50 Price TargetShort InterestBearish6.20% of Float Sold ShortDividend StrengthN/ASustainability-0.16Upright™ Environmental ScoreNews Sentiment0.46Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.49 out of 5 starsFinance Sector858th out of 900 stocksSurety Insurance Industry7th out of 8 stocks 1.0 Analyst's Opinion Consensus RatingAmbac Financial Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.50, Ambac Financial Group has a forecasted downside of 21.0% from its current price of $17.08.Amount of Analyst CoverageAmbac Financial Group has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.20% of the float of Ambac Financial Group has been sold short.Short Interest Ratio / Days to CoverAmbac Financial Group has a short interest ratio ("days to cover") of 5.9.Change versus previous monthShort interest in Ambac Financial Group has recently increased by 14.23%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldAmbac Financial Group does not currently pay a dividend.Dividend GrowthAmbac Financial Group does not have a long track record of dividend growth. Previous Next 2.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreAmbac Financial Group has received a 12.94% net impact score from Upright. Ambac Financial seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Creating knowledge". The positive contribution in the "Societal infrastructure" impact category is driven by its "Insurance underwriting services", "Excess and surplus lines insurances", and "Guarantee services for corporations" products. See details.Environmental SustainabilityThe Environmental Impact score for Ambac Financial Group is -0.16. Previous Next 3.0 News and Social Media Coverage News SentimentAmbac Financial Group has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Ambac Financial Group this week, compared to 1 article on an average week.Search Interest2 people have searched for AMBC on MarketBeat in the last 30 days. MarketBeat Follows1 people have added Ambac Financial Group to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ambac Financial Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.70% of the stock of Ambac Financial Group is held by insiders.Percentage Held by Institutions69.84% of the stock of Ambac Financial Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Ambac Financial Group is 2.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.44.Price to Earnings Ratio vs. SectorThe P/E ratio of Ambac Financial Group is 2.39, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 182.19.Price to Book Value per Share RatioAmbac Financial Group has a P/B Ratio of 0.72. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Ambac Financial Group (NYSE:AMBC) StockAmbac Financial Group, Inc. is a holding company, which engages in the provision of financial guarantee insurance policies through its subsidiary, Ambac Assurance Corp. Its services include credit, insurance, asset management and other financial services. The company was founded on April 29, 1991 and is headquartered in New York, NY.Read More Receive AMBC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ambac Financial Group and its competitors with MarketBeat's FREE daily newsletter. Email Address AMBC Stock News HeadlinesJanuary 24, 2023 | americanbankingnews.comAmbac Financial Group, Inc. (NYSE:AMBC) Sees Large Decline in Short InterestJanuary 17, 2023 | finance.yahoo.comXchange Benefits Launches Xchange Re Underwriting Agency, LLCJanuary 28, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…January 6, 2023 | finance.yahoo.comXchange Benefits Launches Tennessee Captive Insurance Company, Distribution ReJanuary 5, 2023 | finance.yahoo.comEverspan Names Darwin Lucas Chief Underwriting and Reinsurance OfficerJanuary 3, 2023 | finance.yahoo.comAmbac Settles RMBS Litigation Against NomuraDecember 30, 2022 | finance.yahoo.comFinancial Stocks Show Bullish Growth Spurts: SCHW, AMBC, IMXI and FOUR Join IBD 50December 8, 2022 | finance.yahoo.comAmbac Releases Statement Regarding Speculative Acquisition ReportJanuary 28, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.November 10, 2022 | finance.yahoo.comAmbac Financial Group Third Quarter 2022 Earnings: Beats ExpectationsNovember 10, 2022 | seekingalpha.comAmbac Financial Group, Inc. (AMBC) Q3 2022 Earnings Call TranscriptNovember 8, 2022 | finance.yahoo.comAmbac Reports Third Quarter 2022 ResultsNovember 8, 2022 | finance.yahoo.comAmbac Acquires Specialty Insurance MGU All Trans Risk Solutions, LLC and Wholesale Broker Capacity Marine CorporationOctober 25, 2022 | finance.yahoo.comAmbac to Release Third Quarter 2022 Results on November 8, 2022October 11, 2022 | seekingalpha.comAMBC Ambac Financial Group, Inc.October 10, 2022 | finance.yahoo.comBofA (BAC) Agrees to Settle Mortgage Crisis Suit With AmbacOctober 7, 2022 | markets.businessinsider.comAmbac Financial Adds 10% After Its Unit Settles Claims With Bank Of AmericaOctober 7, 2022 | finance.yahoo.comBofA Settles Ambac Subprime Mortgage Case for $1.8 BillionOctober 7, 2022 | finance.yahoo.comBank of America to Pay $1.84 Billion to Settle Last Major Mortgage-Crisis SuitSeptember 19, 2022 | finance.yahoo.comWith 77% institutional ownership, Ambac Financial Group, Inc. (NYSE:AMBC) is a favorite amongst the big gunsSeptember 12, 2022 | finance.yahoo.comEverspan Partners with Centrex Underwriters on Hospitality-Focused Liability ProgramsSeptember 8, 2022 | investing.comBofA tells court Ambac cannot prove $2.7 billion mortgage caseSeptember 7, 2022 | reuters.comAmbac says 'greed' drove BofA lending in $2.7 bln mortgage caseSeptember 1, 2022 | nasdaq.comAmbac Gets Trial Date In Fraud Case Against Countrywide And Bank Of AmericaAugust 31, 2022 | finance.yahoo.comAmbac Defeats Summary Judgment Motion and Obtains Trial Date in Fraud Case Against Countrywide and Bank of AmericaAugust 31, 2022 | finance.yahoo.comAmbac Financial Group mortgage suit against Countrywide, Bank of America cleared to go to jury trialAugust 23, 2022 | finance.yahoo.comAmbac Establishes Strategic Partnership with Embrace Partners, a Minority-Owned Specialty Insurance MGU and DE&I PlatformSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive AMBC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ambac Financial Group and its competitors with MarketBeat's FREE daily newsletter. Email Address AMBC Company Calendar Last Earnings11/08/2022Today1/28/2023Next Earnings (Estimated)2/23/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Surety insurance Sub-IndustryN/A SectorFinance Current SymbolNYSE:AMBC CUSIPN/A CIK874501 Webwww.ambac.com Phone(212) 658-7470Fax212-208-3414Employees132Year FoundedN/APrice Target and Rating Average Stock Price Forecast$13.50 High Stock Price Forecast$18.00 Low Stock Price Forecast$9.00 Forecasted Upside/Downside-21.0%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$7.14 Trailing P/E Ratio2.39 Forward P/E RatioN/A P/E GrowthN/ANet Income$-17,000,000.00 Net Margins96.15% Pretax Margin98.52% Return on Equity35.58% Return on Assets3.28% Debt Debt-to-Equity Ratio4.62 Current Ratio1.47 Quick Ratio1.47 Sales & Book Value Annual Sales$282 million Price / Sales2.72 Cash Flow$1.83 per share Price / Cash Flow9.31 Book Value$23.71 per share Price / Book0.72Miscellaneous Outstanding Shares44,970,000Free Float43,757,000Market Cap$768.09 million OptionableOptionable Beta1.18 Key ExecutivesClaude L. LeBlancPresident, Chief Executive Officer & DirectorDavid TrickChief Financial Officer, Treasurer & Executive VPMichael ReillyChief Information & Administrative OfficerDavid Peter BarrancoSenior Managing Director & Head-Risk ManagementRobert Bryan EismanChief Accounting Officer, Senior MD & ControllerKey CompetitorsMBIANYSE:MBINMINASDAQ:NMIHUnited Fire GroupNASDAQ:UFCSBlackRock MuniYield Quality Fund IIINYSE:MYIiStarNYSE:STARView All CompetitorsInsiders & InstitutionsNatixis Advisors L.P.Bought 12,112 shares on 1/27/2023Ownership: 0.027%Comerica BankSold 7,970 shares on 1/26/2023Ownership: 0.059%Counterpoint Mutual Funds LLCBought 6,251 shares on 1/19/2023Ownership: 0.032%Exchange Traded Concepts LLCBought 2,124 shares on 1/18/2023Ownership: 0.142%Mraz Amerine & Associates Inc.Sold 2,500 shares on 1/12/2023Ownership: 0.062%View All Insider TransactionsView All Institutional Transactions AMBC Stock - Frequently Asked Questions Should I buy or sell Ambac Financial Group stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ambac Financial Group in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" AMBC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AMBC, but not buy additional shares or sell existing shares. View AMBC analyst ratings or view top-rated stocks. What is Ambac Financial Group's stock price forecast for 2023? 2 Wall Street analysts have issued 12 month price objectives for Ambac Financial Group's shares. Their AMBC share price forecasts range from $9.00 to $18.00. On average, they anticipate the company's stock price to reach $13.50 in the next twelve months. This suggests that the stock has a possible downside of 21.0%. View analysts price targets for AMBC or view top-rated stocks among Wall Street analysts. How have AMBC shares performed in 2023? Ambac Financial Group's stock was trading at $17.44 at the beginning of the year. Since then, AMBC shares have decreased by 2.1% and is now trading at $17.08. View the best growth stocks for 2023 here. Are investors shorting Ambac Financial Group? Ambac Financial Group saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 2,730,000 shares, an increase of 14.2% from the December 31st total of 2,390,000 shares. Based on an average daily volume of 462,000 shares, the days-to-cover ratio is presently 5.9 days. Currently, 6.2% of the company's stock are sold short. 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 Thursday, February 23rd 2023. 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 Tuesday, November, 8th. The company reported $7.37 EPS for the quarter. The company earned $80 million during the quarter. Ambac Financial Group had a trailing twelve-month return on equity of 35.58% and a net margin of 96.15%. How will Ambac Financial Group's stock buyback program work? Ambac Financial Group declared that its board has authorized a share buyback program on Wednesday, March 30th 2022, which permits the company to buyback $20,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 5% of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its stock is undervalued. What is Ambac Financial Group's stock symbol? Ambac Financial Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "AMBC." Who are Ambac Financial Group's major shareholders? Ambac Financial Group's stock is owned by many different retail and institutional investors. Top institutional investors include Exchange Traded Concepts LLC (0.14%), Yousif Capital Management LLC (0.06%), Mraz Amerine & Associates Inc. (0.06%), Comerica Bank (0.06%), Counterpoint Mutual Funds LLC (0.03%) and Natixis Advisors L.P. (0.03%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Ambac Financial Group's stock price today? One share of AMBC stock can currently be purchased for approximately $17.08. How much money does Ambac Financial Group make? Ambac Financial Group (NYSE:AMBC) has a market capitalization of $768.09 million and generates $282 million in revenue each year. The company earns $-17,000,000.00 in net income (profit) each year or $7.14 on an earnings per share basis. How many employees does Ambac Financial Group have? The company employs 132 workers across the globe. How can I contact Ambac Financial Group? Ambac Financial Group's mailing address is ONE WORLD TRADE CENTER, NEW YORK NY, 10007. The official website for the company is www.ambac.com. The company can be reached via phone at (212) 658-7470, via email at agoldstein@ambac.com, or via fax at 212-208-3414. This page (NYSE:AMBC) was last updated on 1/28/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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