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 year. 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 equities research analysts have issued 1 year price targets for Ambac Financial Group's shares. Their AMBC share price targets range from $18.00 to $18.00. On average, they predict the company's share price to reach $18.00 in the next year. This suggests a possible upside of 20.4% 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 shares have decreased by 14.3% and is now trading at $14.95. View the best growth stocks for 2023 here .

Are investors shorting Ambac Financial Group?

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

How were Ambac Financial Group's earnings last quarter?

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

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 declared that its Board of Directors has initiated a share buyback program on Wednesday, March 30th 2022, which allows the company to buyback $20,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 5% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's management believes its shares are undervalued.

Who are Ambac Financial Group's major shareholders?

Ambac Financial Group's stock is owned by a number of retail and institutional investors. Top institutional investors 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 .

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

$14.92

+0.08 (+0.54%)

(As of 02:39 PM ET)

Compare

Today's Range: $14.74
▼
$14.99
50-Day Range: $11.34
▼
$15.03
52-Week Range: $11.26
▼
$17.75

Volume: 221,251 shs
Average Volume: 418,969 shs
Market Capitalization: $674.23 million

P/E Ratio: 3.51
Dividend Yield: N/A
Price Target: $18.00

Ambac Financial Group MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 20.4% 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: 0.33
Based on 3 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.

2.11 out of 5 stars

Finance Sector

490th out of 825 stocks

Surety Insurance Industry

4th out of 8 stocks

2.3

Analyst's Opinion

Consensus Rating
Ambac Financial Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $18.00, Ambac Financial Group has a forecasted upside of 20.4% from its current price of $14.95.
Amount of Analyst Coverage
Ambac Financial Group has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
4.02% of the float of Ambac Financial Group has been sold short.
Short Interest Ratio / Days to Cover
Ambac Financial Group has a short interest ratio ("days to cover") of 4.2.
Change versus previous month
Short interest in Ambac Financial Group has recently decreased by 8.29%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Ambac Financial Group does not currently pay a dividend.
Dividend Growth
Ambac Financial Group does not have a long track record of dividend growth.

2.5

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Ambac Financial Group has received a 14.01% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is driven by its "Guarantee services for corporations", "Insurance underwriting services", and "Excess and surplus lines insurances" products. See details.
Environmental Sustainability
The Environmental Impact score for Ambac Financial Group is -0.75.

2.4

News and Social Media Coverage

News Sentiment
Ambac Financial Group has a news sentiment score of 0.33. 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 Week
MarketBeat has tracked 3 news articles for Ambac Financial Group this week, compared to 2 articles on an average week.
MarketBeat Follows
6 people have added Ambac Financial Group to their MarketBeat watchlist in the last 30 days. This is an increase of 500% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ambac Financial Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.40% of the stock of Ambac Financial Group is held by insiders.
Percentage Held by Institutions
81.68% 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.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Ambac Financial Group are expected to decrease by -66.67% in the coming year, from $1.80 to $0.60 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ambac Financial Group is 3.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.40.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ambac Financial Group is 3.52, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.62.
Price to Book Value per Share Ratio
Ambac Financial Group has a P/B Ratio of 0.52. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

30 days | 90 days | 365 days | Advanced Chart

AMBC Stock News Headlines

December 4, 2023 | americanbankingnews.com

StockNews.com Upgrades Ambac Financial Group (NYSE:AMBC) to Hold

November 29, 2023 | americanbankingnews.com

Ambac Financial Group (NYSE:AMBC) Lifted to "Hold" at StockNews.com

December 4, 2023 | DTI Trader (Ad)

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November 23, 2023 | finance.yahoo.com

Are Investors Undervaluing Ambac (AMBC) Right Now?

November 20, 2023 | finance.yahoo.com

The Zacks Analyst Blog Highlights Ambac, Pangaea Logistics Solutions, MoneyLion, OppFi and Carrols Restaurant Group

November 16, 2023 | msn.com

THG, SIGI, HCI nab Outperform ratings as Oppenheimer starts coverage

November 10, 2023 | finance.yahoo.com

As Ambac Financial Group (NYSE:AMBC) rallies 15% this past week, investors may now be noticing the company's five-year earnings growth

November 9, 2023 | finance.yahoo.com

Ambac Financial Group, Inc. (NYSE:AMBC) Q3 2023 Earnings Call Transcript

December 4, 2023 | Wealthpress (Ad)

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November 8, 2023 | seekingalpha.com

Ambac Financial Group, Inc. 2023 Q3 - Results - Earnings Call Presentation

November 7, 2023 | markets.businessinsider.com

Ambac Financial Group Inc. Bottom Line Retreats In Q3

November 7, 2023 | finance.yahoo.com

Ambac Reports Third Quarter 2023 Results

November 7, 2023 | finance.yahoo.com

Ambac Financial Group Inc (AMBC) Reports Mixed Third Quarter 2023 Results

October 26, 2023 | thestreet.com

Ambac Plunges on Debt Concerns

October 24, 2023 | finance.yahoo.com

Ambac to Release Third Quarter 2023 Results on November 7, 2023

September 24, 2023 | seekingalpha.com

Ambac Financial Group Inc: Debt Trap Disguised As Value Opportunity

August 20, 2023 | thestreet.com

Ambac Surges on Higher S&P View

August 10, 2023 | seekingalpha.com

Ambac Financial Group, Inc. 2023 Q2 - Results - Earnings Call Presentation

August 8, 2023 | finance.yahoo.com

Q2 2023 Ambac Financial Group Inc Earnings Call

August 8, 2023 | finance.yahoo.com

Ambac Reports Second Quarter 2023 Results

August 8, 2023 | finance.yahoo.com

Ambac Financial Group (AMBC) Q2 Earnings and Revenues Surpass Estimates

August 7, 2023 | finance.yahoo.com

Ambac Acquires Riverton Insurance Agency Corp.

August 6, 2023 | finance.yahoo.com

Ambac Financial Group, Inc. (NYSE:AMBC) is favoured by institutional owners who hold 87% of the company

August 3, 2023 | finance.yahoo.com

Outfront Media (OUT) Lags Q2 FFO and Revenue Estimates

August 1, 2023 | finance.yahoo.com

Allstate (ALL) Reports Q2 Loss, Lags Revenue Estimates

August 1, 2023 | thestreet.com

Ambac Financial Group Inc. Warrants

July 29, 2023 | finance.yahoo.com

AMBC - Ambac Financial Group, Inc.

See More Headlines

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Company Calendar

Last Earnings: 11/08/2023
Today: 12/04/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/27/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Surety insurance
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:AMBC
CUSIP: N/A
CIK: 874501
Web: www.ambac.com
Phone: (212) 658-7470
Fax: 212-208-3414
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: +21.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $4.25
Trailing P/E Ratio: 3.49
Forward P/E Ratio: 8.24
P/E Growth: N/A
Net Income: $521 million
Net Margins: 47.26%
Pretax Margin: 48.91%
Return on Equity: 20.87%
Return on Assets: 3.39%

Debt

Debt-to-Equity Ratio: 2.43
Current Ratio: 0.80
Quick Ratio: 0.80

Sales & Book Value

Annual Sales: $505 million
Price / Sales: 1.33
Cash Flow: $13.13 per share
Price / Cash Flow: 1.13
Book Value: $29.02 per share
Price / Book: 0.51

Miscellaneous

Outstanding Shares: 45,190,000
Free Float: 43,658,000
Market Cap: $670.62 million
Optionable: Optionable
Beta: 1.24

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Key Executives

Mr. Claude L. LeBlanc (Age 58)
President, CEO & Director
Comp: $2.77M
Mr. David Trick (Age 51)
Executive VP, CFO & Treasurer
Comp: $1.43M
Mr. Stephen Michael Ksenak (Age 57)
Senior MD & General Counsel
Comp: $1.33M
Mr. David Peter Barranco (Age 52)
Senior MD and Head of Risk Management
Comp: $1.23M
Ms. Rhonta Sharon Smith (Age 52)
Executive VP & Chief Strategy Officer
Comp: $1.25M
Mr. Daniel Matthew McGinnis (Age 51)
Senior MD & COO
Mr. Robert G. Donovan
Chief Investment Officer
Mr. Robert Bryan Eisman (Age 56)
Senior MD, Chief Accounting Officer & Controller
Comp: $894.25k
Mr. Charles Joseph Sebaski
MD & Head of Investor Relation
Kate Smith
Director of Corporate Communications

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

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 year. 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 equities research analysts have issued 1 year price targets for Ambac Financial Group's shares. Their AMBC share price targets range from $18.00 to $18.00. On average, they predict the company's share price to reach $18.00 in the next year. This suggests a possible upside of 20.4% 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 shares have decreased by 14.3% and is now trading at $14.95.
View the best growth stocks for 2023 here.
Are investors shorting Ambac Financial Group?: Ambac Financial Group saw a drop in short interest in November. As of November 15th, there was short interest totaling 1,770,000 shares, a drop of 8.3% from the October 31st total of 1,930,000 shares. Based on an average daily trading volume, of 418,200 shares, the short-interest ratio is currently 4.2 days. Currently, 4.0% of the company's shares 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 Tuesday, February 27th 2024.
View our AMBC earnings forecast.
How were Ambac Financial Group's earnings last quarter?: Ambac Financial Group, Inc. (NYSE:AMBC) issued its earnings results on Wednesday, November, 8th. The company reported $2.00 earnings per share for the quarter, beating the consensus estimate of ($0.10) by $2.10. The firm had revenue of $74 million for the quarter. Ambac Financial Group had a net margin of 47.26% and a trailing twelve-month return on equity of 20.87%. During the same period last year, the firm posted $7.37 EPS.

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 declared that its Board of Directors has initiated a share buyback program on Wednesday, March 30th 2022, which allows the company to buyback $20,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 5% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's management believes its shares are undervalued.
Who are Ambac Financial Group's major shareholders?: Ambac Financial Group's stock is owned by a number of retail and institutional investors. Top institutional investors 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 12/4/2023 by MarketBeat.com Staff

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

Ambac Financial Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Ambac Financial Group Stock (NYSE:AMBC)

AMBC Stock Price History

AMBC Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

AMBC Stock Analysis - Frequently Asked Questions

Overall MarketRank^™