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NYSE:AMBC

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

$12.85
+0.18 (+1.42%)
(As of 07/26/2024 ET)
Today's Range
$12.69
$12.93
50-Day Range
$12.10
$17.72
52-Week Range
$11.26
$18.45
Volume
353,451 shs
Average Volume
423,133 shs
Market Capitalization
$581.08 million
P/E Ratio
9.81
Dividend Yield
N/A
Price Target
$19.00

Ambac Financial Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
47.9% Upside
$19.00 Price Target
Short Interest
Bearish
7.30% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.55
Upright™ Environmental Score
News Sentiment
0.26mentions of Ambac Financial Group in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-17.24%
From $1.45 to $1.20 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.84 out of 5 stars

Finance Sector

290th out of 898 stocks

Surety Insurance Industry

4th out of 8 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. Ambac Financial Group, Inc. was incorporated in 1991 and is headquartered in New York, New York.

AMBC Stock Price History

AMBC Stock News Headlines

625,000% Gain
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Ambac Financial Group, Inc. (AMBC)
625,000% Gain
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Ambac Reports First Quarter 2024 Results
Ambac Financial Group Inc
AMBC Apr 2024 18.000 put
See More Headlines
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Company Calendar

Last Earnings
5/06/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Surety insurance
Sub-Industry
Insurance
Employees
130
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$19.00
High Stock Price Target
$19.00
Low Stock Price Target
$19.00
Potential Upside/Downside
+47.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$4 million
Pretax Margin
21.27%

Debt

Sales & Book Value

Annual Sales
$269 million
Cash Flow
$2.49 per share
Book Value
$31.31 per share

Miscellaneous

Free Float
42,964,000
Market Cap
$581.08 million
Optionable
Optionable
Beta
1.24
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Key Executives

  • Mr. Claude L. LeBlancMr. Claude L. LeBlanc (Age 59)
    President, CEO & Director
    Comp: $2.79M
  • Mr. David Trick (Age 53)
    Executive VP, CFO & Treasurer
    Comp: $1.46M
  • Mr. Stephen Michael Ksenak (Age 58)
    Senior MD & General Counsel
    Comp: $1.28M
  • Mr. David Peter Barranco (Age 53)
    Senior MD & Head of Risk Management
    Comp: $1.22M
  • Ms. Rhonta Sharon Smith (Age 53)
    Executive VP & Chief Strategy Officer
    Comp: $1.23M
  • Mr. Daniel Matthew McGinnis (Age 52)
    Senior MD & COO
  • Mr. Robert Bryan Eisman (Age 57)
    Senior MD, Chief Accounting Officer & Controller
    Comp: $894.25k
  • Mr. Charles Joseph Sebaski
    MD & Head of Investor Relation
  • Kate Smith
    Director of Corporate Communications
  • Mr. Miguel Antonio Sanchez
    Managing Director of Ambac UK & Europe

AMBC Stock Analysis - Frequently Asked Questions

How have AMBC shares performed this year?

Ambac Financial Group's stock was trading at $16.48 on January 1st, 2024. Since then, AMBC stock has decreased by 22.0% and is now trading at $12.85.
View the best growth stocks for 2024 here
.

How were Ambac Financial Group's earnings last quarter?

Ambac Financial Group, Inc. (NYSE:AMBC) issued its quarterly earnings results on Monday, May, 6th. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.61. The firm earned $103 million during the quarter. Ambac Financial Group had a trailing twelve-month return on equity of 10.69% and a net margin of 18.09%.

Who are Ambac Financial Group's major shareholders?

Ambac Financial Group's top institutional investors include Concourse Financial Group Securities Inc.. Insiders that own company stock include Claude Leblanc, R Sharon Smith, Lisa G Iglesias, C James Prieur and David Trick.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:AMBC) was last updated on 7/26/2024 by MarketBeat.com Staff

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