S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way

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

$16.42
+1.43 (+9.54%)
(As of 12/8/2023 ET)
Compare
Today's Range
$15.61
$16.60
50-Day Range
$11.34
$16.42
52-Week Range
$11.26
$17.75
Volume
1.39 million shs
Average Volume
365,173 shs
Market Capitalization
$742.02 million
P/E Ratio
3.86
Dividend Yield
N/A
Price Target
$18.00

Ambac Financial Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
9.6% Upside
$18.00 Price Target
Short Interest
Healthy
4.02% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.75
Upright™ Environmental Score
News Sentiment
0.34mentions of Ambac Financial Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-66.67%
From $1.80 to $0.60 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.81 out of 5 stars

Finance Sector

666th out of 801 stocks

Surety Insurance Industry

6th out of 7 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. The company was incorporated in 1991 and is headquartered in New York, New York.

AMBC Stock Price History

AMBC Stock News Headlines

Ambac Financial Group (NYSE:AMBC) Shares Gap Up to $14.99
StockNews.com Upgrades Ambac Financial Group (NYSE:AMBC) to Hold
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Are Investors Undervaluing Ambac (AMBC) Right Now?
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Ambac Financial Group Inc. Bottom Line Retreats In Q3
Ambac Reports Third Quarter 2023 Results
Ambac Plunges on Debt Concerns
Ambac Surges on Higher S&P View
Q2 2023 Ambac Financial Group Inc Earnings Call
Ambac Reports Second Quarter 2023 Results
Ambac Acquires Riverton Insurance Agency Corp.
Outfront Media (OUT) Lags Q2 FFO and Revenue Estimates
Allstate (ALL) Reports Q2 Loss, Lags Revenue Estimates
Ambac Financial Group Inc. Warrants
AMBC - Ambac Financial Group, Inc.
See More Headlines
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Company Calendar

Last Earnings
11/08/2023
Today
12/10/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/27/2024

Industry, Sector and Symbol

Industry
Surety insurance
Sub-Industry
N/A
Sector
Finance
Employees
155
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$18.00
High Stock Price Target
$18.00
Low Stock Price Target
$18.00
Potential Upside/Downside
+9.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$521 million
Pretax Margin
48.91%

Debt

Sales & Book Value

Annual Sales
$505 million
Cash Flow
$14.40 per share
Book Value
$29.02 per share

Miscellaneous

Free Float
43,658,000
Market Cap
$742.02 million
Optionable
Optionable
Beta
1.24
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Key Executives















AMBC Stock Analysis - Frequently Asked Questions

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

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

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

2 brokerages have issued 12 month price objectives for Ambac Financial Group's stock. Their AMBC share price targets range from $18.00 to $18.00. On average, they expect the company's share price to reach $18.00 in the next year. This suggests a possible upside of 9.6% 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 2023?

Ambac Financial Group's stock was trading at $17.44 at the beginning of the year. Since then, AMBC stock has decreased by 5.8% and is now trading at $16.42.
View the best growth stocks for 2023 here
.

Are investors shorting Ambac Financial Group?

Ambac Financial Group saw a decrease in short interest in November. As of November 15th, there was short interest totaling 1,770,000 shares, a decrease of 8.3% from the October 31st total of 1,930,000 shares. Based on an average trading volume of 418,200 shares, the days-to-cover ratio is currently 4.2 days. Approximately 4.0% of the shares of the company 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 Tuesday, February 27th 2024.
View our AMBC earnings forecast
.

How were Ambac Financial Group's earnings last quarter?

Ambac Financial Group, Inc. (NYSE:AMBC) announced its quarterly earnings data on Wednesday, November, 8th. The company reported $2.00 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.10) by $2.10. The company had revenue of $74 million for the quarter. Ambac Financial Group had a trailing twelve-month return on equity of 20.87% and a net margin of 47.26%. During the same period in the previous year, the company posted $7.37 earnings per share.

What ETF holds Ambac Financial Group's stock ?

Invesco S&P SmallCap Value with Momentum ETF holds 545,868 shares of AMBC stock, representing 1.17% of its portfolio.

How will Ambac Financial Group's stock buyback program work?

Ambac Financial Group announced that its board has authorized a share repurchase program on Wednesday, March 30th 2022, which allows the company to repurchase $20,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 5% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's leadership believes its shares are undervalued.

Who are Ambac Financial Group's major shareholders?

Ambac Financial Group's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include FMR LLC (4.47%), Invesco Ltd. (1.96%), Charles Schwab Investment Management Inc. (1.41%), AQR Capital Management LLC (1.11%), Bank of New York Mellon Corp (1.04%) and American Century Companies Inc. (0.95%). 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.

This page (NYSE:AMBC) was last updated on 12/10/2023 by MarketBeat.com Staff

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