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MarketBeat Week in Review – 1/23- 1/27
Lots of sound and fury on US debt, but not a crisis — yet
The Next Big Crisis Is Here (Ad)
Italy's premier visits Libya for talks on energy, migration
Japan firm opens whale meat vending machines to push sales
The Next Big Crisis Is Here (Ad)
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
Online system to seek asylum in US is quickly overwhelmed
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
The Next Big Crisis Is Here (Ad)
MarketBeat Week in Review – 1/23- 1/27
Lots of sound and fury on US debt, but not a crisis — yet
The Next Big Crisis Is Here (Ad)
Italy's premier visits Libya for talks on energy, migration
Japan firm opens whale meat vending machines to push sales
The Next Big Crisis Is Here (Ad)
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
Online system to seek asylum in US is quickly overwhelmed
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
The Next Big Crisis Is Here (Ad)
MarketBeat Week in Review – 1/23- 1/27
Lots of sound and fury on US debt, but not a crisis — yet
The Next Big Crisis Is Here (Ad)
Italy's premier visits Libya for talks on energy, migration
Japan firm opens whale meat vending machines to push sales
The Next Big Crisis Is Here (Ad)
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
Online system to seek asylum in US is quickly overwhelmed
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
The Next Big Crisis Is Here (Ad)
MarketBeat Week in Review – 1/23- 1/27
Lots of sound and fury on US debt, but not a crisis — yet
The Next Big Crisis Is Here (Ad)
Italy's premier visits Libya for talks on energy, migration
Japan firm opens whale meat vending machines to push sales
The Next Big Crisis Is Here (Ad)
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
Online system to seek asylum in US is quickly overwhelmed
NYSE:AMBC

Ambac Financial Group - AMBC Stock Forecast, Price & News

$17.08
-0.42 (-2.40%)
(As of 01/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$17.06
$17.57
50-Day Range
$14.92
$17.50
52-Week Range
$7.24
$17.59
Volume
259,331 shs
Average Volume
416,593 shs
Market Capitalization
$768.09 million
P/E Ratio
2.39
Dividend Yield
N/A
Price Target
$13.50

Ambac Financial Group MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
21.0% Downside
$13.50 Price Target
Short Interest
Bearish
6.20% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.16
Upright™ Environmental Score
News Sentiment
0.46mentions of Ambac Financial Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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 stars

Finance Sector

858th out of 900 stocks

Surety Insurance Industry

7th out of 8 stocks


AMBC stock logo

About Ambac Financial Group (NYSE:AMBC) Stock

Ambac 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.

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AMBC Stock News Headlines

Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
Ambac Settles RMBS Litigation Against Nomura
The Next Big Crisis Is Here
You 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.
Ambac Reports Third Quarter 2022 Results
AMBC Ambac Financial Group, Inc.
See More Headlines
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AMBC Company Calendar

Last Earnings
11/08/2022
Today
1/28/2023
Next Earnings (Estimated)
2/23/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Surety insurance
Sub-Industry
N/A
Sector
Finance
Employees
132
Year Founded
N/A

Price 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 Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$-17,000,000.00
Pretax Margin
98.52%

Debt

Sales & Book Value

Annual Sales
$282 million
Cash Flow
$1.83 per share
Book Value
$23.71 per share

Miscellaneous

Free Float
43,757,000
Market Cap
$768.09 million
Optionable
Optionable
Beta
1.18

Key Executives

  • Claude L. LeBlancClaude L. LeBlanc
    President, Chief Executive Officer & Director
  • David Trick
    Chief Financial Officer, Treasurer & Executive VP
  • Michael Reilly
    Chief Information & Administrative Officer
  • David Peter Barranco
    Senior Managing Director & Head-Risk Management
  • Robert Bryan Eisman
    Chief Accounting Officer, Senior MD & Controller













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