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NYSE:AMBC

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

Ambac Financial Group logo
$11.25
+0.04 (+0.36%)
(As of 11/5/2024 ET)

About Ambac Financial Group Stock (NYSE:AMBC)

Key Stats

Today's Range
$11.04
$11.31
50-Day Range
$10.62
$12.00
52-Week Range
$10.12
$18.45
Volume
581,705 shs
Average Volume
450,120 shs
Market Capitalization
$533.70 million
P/E Ratio
7.12
Dividend Yield
N/A
Price Target
$17.00
Consensus Rating
Buy

Company Overview

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.

Ambac Financial Group Stock Analysis - MarketRank™

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81st Percentile Overall Score

AMBC MarketRank™: 

Ambac Financial Group scored higher than 81% of companies evaluated by MarketBeat, and ranked 283rd out of 938 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Ambac Financial Group has received a consensus rating of Buy. The company's average rating score is 3.33, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Ambac Financial Group has only been the subject of 2 research reports in the past 90 days.

  • Read more about Ambac Financial Group's stock forecast and price target.
  • Earnings Growth

    Earnings for Ambac Financial Group are expected to decrease in the coming year, from $1.30 to ($0.10) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Ambac Financial Group is 7.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.47.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Ambac Financial Group is 7.12, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.35.

  • Price to Book Value per Share Ratio

    Ambac Financial Group has a P/B Ratio of 0.36. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Ambac Financial Group's valuation and earnings.
  • Percentage of Shares Shorted

    8.47% 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 7.2.
  • Change versus previous month

    Short interest in Ambac Financial Group has recently increased by 21.62%, indicating that investor sentiment is decreasing significantly.
  • 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.

  • Percentage of Shares Shorted

    8.47% 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 7.2.
  • Change versus previous month

    Short interest in Ambac Financial Group has recently increased by 21.62%, indicating that investor sentiment is decreasing significantly.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Ambac Financial Group this week, compared to 2 articles on an average week.
  • MarketBeat Follows

    Only 1 people have added Ambac Financial Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Ambac Financial Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $407,445.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    Only 5.00% of the stock of Ambac Financial Group is held by insiders.

  • Percentage Held by Institutions

    84.49% 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.

  • Read more about Ambac Financial Group's insider trading history.
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AMBC Stock News Headlines

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AMBC Stock Analysis - Frequently Asked Questions

Ambac Financial Group's stock was trading at $16.48 at the beginning of 2024. Since then, AMBC shares have decreased by 31.7% and is now trading at $11.25.
View the best growth stocks for 2024 here
.

Ambac Financial Group, Inc. (NYSE:AMBC) posted its earnings results on Monday, August, 5th. The company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.19 by $0.01. The firm earned $105 million during the quarter. Ambac Financial Group had a trailing twelve-month return on equity of 10.79% and a net margin of 19.27%.

Top institutional investors of Ambac Financial Group include Exchange Traded Concepts LLC (0.35%), SG Americas Securities LLC (0.04%), Mraz Amerine & Associates Inc. (0.03%) and Creative Planning (0.03%). Insiders that own company stock include Claude Leblanc, David Trick, Stephen Michael Ksenak, R Sharon Smith, Jeffrey Scott Stein, Lisa G Iglesias and C James Prieur.
View institutional ownership trends
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Ambac Financial Group investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

Last Earnings
8/05/2024
Today
11/05/2024
Next Earnings (Confirmed)
11/12/2024
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
$17.00
High Stock Price Target
$19.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+51.1%
Consensus Rating
Buy
Rating Score (0-4)
3.33
Research Coverage
3 Analysts

Profitability

Net Income
$4 million
Pretax Margin
22.35%

Debt

Sales & Book Value

Annual Sales
$269 million
Cash Flow
$2.43 per share
Book Value
$31.31 per share

Miscellaneous

Free Float
45,069,000
Market Cap
$533.70 million
Optionable
Optionable
Beta
1.22
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This page (NYSE:AMBC) was last updated on 11/5/2024 by MarketBeat.com Staff
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