NYSE:AMBC Ambac Financial Group (AMBC) Stock Forecast, Price & News $12.50 -0.17 (-1.34%) (As of 11:03 AM ET) Add Compare Share Share Today's Range$12.44▼$12.6750-Day Range$12.50▼$14.4652-Week Range$12.03▼$17.75Volume57,194 shsAverage Volume412,379 shsMarket Capitalization$566.25 millionP/E Ratio1.22Dividend YieldN/APrice Target$18.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Ambac Financial Group MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside41.7% Upside$18.00 Price TargetShort InterestBearish5.14% of Float Sold ShortDividend StrengthN/ASustainability-0.84Upright™ Environmental ScoreNews Sentiment0.32Based on 2 Articles This WeekInsider TradingAcquiring Shares$33,225 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($0.40) to $0.45 Per ShareSee 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.2.50 out of 5 starsFinance Sector345th out of 848 stocksSurety Insurance Industry3rd out of 8 stocks 3.3 Analyst's Opinion Consensus RatingAmbac 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/DownsideAccording to analysts' consensus price target of $18.00, Ambac Financial Group has a forecasted upside of 41.7% from its current price of $12.70.Amount of Analyst CoverageAmbac Financial Group has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.14% 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 6.Change versus previous monthShort interest in Ambac Financial Group has recently decreased by 3.40%, indicating that investor sentiment is improving. 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 13.44% 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 SustainabilityThe Environmental Impact score for Ambac Financial Group is -0.84. Previous Next 2.4 News and Social Media Coverage News SentimentAmbac Financial Group has a news sentiment score of 0.32. 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 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Ambac Financial Group this week, compared to 2 articles on an average week.Search Interest1 people have searched for AMBC on MarketBeat in the last 30 days. MarketBeat Follows2 people have added Ambac Financial Group to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ambac Financial Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $33,225.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 3.40% of the stock of Ambac Financial Group is held by insiders.Percentage Held by Institutions81.68% 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Ambac Financial Group are expected to grow in the coming year, from ($0.40) to $0.45 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ambac Financial Group is 1.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.31.Price to Earnings Ratio vs. SectorThe P/E ratio of Ambac Financial Group is 1.24, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 80.58.Price to Book Value per Share RatioAmbac Financial Group has a P/B Ratio of 0.44. 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. 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.Read More AMBC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart AMBC Stock News HeadlinesSeptember 24, 2023 | seekingalpha.comAmbac Financial Group Inc: Debt Trap Disguised As Value OpportunityAugust 20, 2023 | thestreet.comAmbac Surges on Higher S&P ViewSeptember 26, 2023 | Edge On The Street (Ad)Gold Could Be Heading for Record Highs - But How to Play It?According to FX Empire, the gold forecast is now bullish, with support for a $3,000 target in 2024. The big question is how to play it. Some investors are discovering a unique gold investment alternative that sidesteps the major issues with gold mining stocks or physical gold. August 10, 2023 | seekingalpha.comAmbac Financial Group, Inc. 2023 Q2 - Results - Earnings Call PresentationAugust 8, 2023 | finance.yahoo.comQ2 2023 Ambac Financial Group Inc Earnings CallAugust 8, 2023 | finance.yahoo.comAmbac Reports Second Quarter 2023 ResultsAugust 8, 2023 | finance.yahoo.comAmbac Financial Group (AMBC) Q2 Earnings and Revenues Surpass EstimatesAugust 7, 2023 | finance.yahoo.comAmbac Acquires Riverton Insurance Agency Corp.September 26, 2023 | Edge On The Street (Ad)Gold Could Be Heading for Record Highs - But How to Play It?According to FX Empire, the gold forecast is now bullish, with support for a $3,000 target in 2024. The big question is how to play it. Some investors are discovering a unique gold investment alternative that sidesteps the major issues with gold mining stocks or physical gold. August 6, 2023 | finance.yahoo.comAmbac Financial Group, Inc. (NYSE:AMBC) is favoured by institutional owners who hold 87% of the companyAugust 3, 2023 | finance.yahoo.comOutfront Media (OUT) Lags Q2 FFO and Revenue EstimatesAugust 1, 2023 | finance.yahoo.comAllstate (ALL) Reports Q2 Loss, Lags Revenue EstimatesAugust 1, 2023 | thestreet.comAmbac Financial Group Inc. WarrantsJuly 29, 2023 | finance.yahoo.comAMBC - Ambac Financial Group, Inc.July 24, 2023 | finance.yahoo.comAmbac to Release Second Quarter 2023 Results on August 7, 2023June 26, 2023 | thestreet.comAmbac Main Unit Posts Loss; Premiums FallJune 22, 2023 | finance.yahoo.comAmbac Appoints Kristi A. Matus and Michael D. Price to Its Board of DirectorsJune 16, 2023 | finance.yahoo.comProAssurance (PRA) and Caresyntax Unite for Better Health OutcomeJune 14, 2023 | finance.yahoo.comTop Financial Stocks for June 2023June 14, 2023 | seekingalpha.comAmbac Remains Discounted By An Apprehensive MarketJune 13, 2023 | benzinga.comAM Best Affirms Credit Ratings of Everspan Indemnity Insurance Company and Its AffiliatesJune 7, 2023 | finance.yahoo.comCNO Financial (CNO) Subsidiary Launches New Accident InsuranceJune 6, 2023 | finance.yahoo.comAegon (AEG) Concludes EUR 200M Stock Repurchase ProgramJune 6, 2023 | finance.yahoo.comAIG Seeks to Sell 65M Corebridge Shares in Secondary OfferingJune 1, 2023 | finance.yahoo.comRenaissanceRe (RNR) Prices Senior Notes Offering Worth $750MMay 29, 2023 | finance.yahoo.comProAssurance (PRA) Suspends Quarterly Dividends: Here's WhyMay 25, 2023 | finance.yahoo.comXchange Benefits to host Experience Xchange educational symposiumSee More Headlines 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 Earnings8/08/2023Today9/26/2023Next Earnings (Estimated)11/14/2023Fiscal 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) 658-7470Fax212-208-3414Employees155Year FoundedN/APrice Target and Rating Average Stock Price Forecast$18.00 High Stock Price Forecast$18.00 Low Stock Price Forecast$18.00 Forecasted Upside/Downside+41.7%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$10.25 Trailing P/E Ratio1.24 Forward P/E RatioN/A P/E GrowthN/ANet Income$521 million Net Margins111.98% Pretax Margin113.60% Return on Equity41.52% Return on Assets6.14% Debt Debt-to-Equity Ratio2.65 Current Ratio0.74 Quick Ratio0.74 Sales & Book Value Annual Sales$505 million Price / Sales1.14 Cash Flow$13.23 per share Price / Cash Flow0.96 Book Value$29.02 per share Price / Book0.44Miscellaneous Outstanding Shares45,300,000Free Float43,764,000Market Cap$575.31 million OptionableOptionable Beta1.14 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Claude L. LeBlanc (Age 58)Pres, CEO & Director Comp: $2.77MMr. David Trick (Age 51)Exec. VP, CFO & Treasurer Comp: $1.43MMr. Stephen Michael Ksenak (Age 57)Sr. MD & Gen. Counsel Comp: $1.33MMr. David Peter Barranco (Age 52)Sr. MD and Head of Risk Management Comp: $1.23MMs. Rhonta Sharon Smith (Age 52)Exec. VP & Chief Strategy Officer Comp: $1.25MMr. Daniel Matthew McGinnis (Age 51)Sr. MD & COO Mr. Robert G. DonovanChief Investment OfficerMr. Robert Bryan Eisman (Age 56)Sr. MD, Chief Accounting Officer & Controller Mr. Charles Joseph SebaskiMD & Head of Investor RelationKate SmithDirector of Corp. CommunicationsMore ExecutivesKey CompetitorsMBIANYSE:MBIGreat Southern BancorpNASDAQ:GSBCAdams Natural Resources FundNYSE:PEOHBT FinancialNASDAQ:HBTCoastal FinancialNASDAQ:CCBView All CompetitorsInsiders & InstitutionsClaude LeblancBought 2,500 shares on 9/1/2023Total: $33,225.00 ($13.29/share)Wolverine Trading LLCBought 203,700 shares on 8/23/2023Ownership: 0.000%California State Teachers Retirement SystemSold 1,391 shares on 8/21/2023Ownership: 0.120%Teachers Retirement System of The State of KentuckyBought 789 shares on 8/21/2023Ownership: 0.027%Repertoire Partners LPSold 3,559 shares on 8/15/2023Ownership: 4.950%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 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street 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 forecast for 2023? 2 brokers have issued 12-month price objectives for Ambac Financial Group's stock. Their AMBC share price forecasts range from $18.00 to $18.00. On average, they expect the company's stock price to reach $18.00 in the next year. This suggests a possible upside of 41.7% 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 2023? Ambac Financial Group's stock was trading at $17.44 at the start of the year. Since then, AMBC shares have decreased by 27.2% and is now trading at $12.70. View the best growth stocks for 2023 here. When is Ambac Financial Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023. View our AMBC earnings forecast. How were Ambac Financial Group's earnings last quarter? Ambac Financial Group, Inc. (NYSE:AMBC) released its quarterly earnings results on Tuesday, August, 8th. The company reported $0.07 earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.13. The firm had revenue of $62 million for the quarter, compared to analyst estimates of $48.80 million. Ambac Financial Group had a trailing twelve-month return on equity of 41.52% and a net margin of 111.98%. During the same quarter in the previous year, the firm earned $0.28 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 announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, March 30th 2022, which permits the company to buyback $20,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 5% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's management believes its shares are 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 a variety of retail and institutional investors. Top institutional shareholders include Repertoire Partners LP (4.95%), Dimensional Fund Advisors LP (4.79%), State Street Corp (3.39%), Geode Capital Management LLC (1.93%), Charles Schwab Investment Management Inc. (1.38%) and Nuveen Asset Management LLC (1.26%). 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 $12.70. How much money does Ambac Financial Group make? Ambac Financial Group (NYSE:AMBC) has a market capitalization of $575.31 million and generates $505 million in revenue each year. The company earns $521 million in net income (profit) each year or $10.25 on an earnings per share basis. How many employees does Ambac Financial Group have? The company employs 155 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 9/26/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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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