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

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.

Key Stats

• Today's Range: $12.32 to $12.67
• 50-Day Range: $10.97 to $12.89
• 52-Week Range: $10.12 to $18.45
• Volume: 508,133 shs
• Average Volume: 693,699 shs
• Market Capitalization: $595.37 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $17.00
• Consensus Rating: Buy

Ambac Financial Group Stock Analysis - MarketRank™

Ambac Financial Group scored higher than 77% of companies evaluated by MarketBeat, and ranked 313th out of 922 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.7 / 5
• Analyst Rating: Buy

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.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for Ambac Financial Group are expected to decrease in the coming year, from $0.60 to ($0.20) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Ambac Financial Group is -27.28, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ambac Financial Group is -27.28, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

9.15% 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 8.2.

Change versus previous month

Short interest in Ambac Financial Group has recently increased by 8.06%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

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.

Sustainability and ESG

• Score: 2.4 / 5
• Environmental Score: -0.55

Percentage of Shares Shorted

9.15% 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 8.2.

Change versus previous month

Short interest in Ambac Financial Group has recently increased by 8.06%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.3 / 5
• News Sentiment: N/A

News Sentiment

Ambac Financial Group has a news sentiment score of -0.62. 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 0.83 average news sentiment score of Finance companies.

News Coverage This Week

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

Search Interest

2 people have searched for AMBC on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

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 $30,429.00 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.

AMBC Stock Analysis - Frequently Asked Questions

How have AMBC shares performed this year?

Ambac Financial Group's stock was trading at $16.48 at the beginning of 2024. Since then, AMBC shares have decreased by 23.8% and is now trading at $12.55.
View the best growth stocks for 2024 here.

How were Ambac Financial Group's earnings last quarter?

Ambac Financial Group, Inc. (NYSE:AMBC) posted its quarterly earnings data on Monday, August, 5th. The company reported $0.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.19 by $0.01. The business had revenue of $105 million for the quarter. Ambac Financial Group had a positive trailing twelve-month return on equity of 2.51% and a negative net margin of 6.28%.

Who are Ambac Financial Group's major shareholders?

Ambac Financial Group's top institutional shareholders include FMR LLC (3.65%), State Street Corp (3.49%), Geode Capital Management LLC (2.17%) and Hotchkis & Wiley Capital Management LLC (1.57%). 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.

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.

What other stocks do shareholders of Ambac Financial Group own?

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: 11/23/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/25/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Surety insurance
• Sub-Industry: Insurance
• Current Symbol: NYSE:AMBC
• CUSIP: N/A
• CIK: 874501
• Web: www.ambac.com
• Phone: (212) 658-7470
• Fax: 212-208-3414
• 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: +35.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.46)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 20.92
• P/E Growth: N/A
• Net Income: $4 million
• Net Margins: -6.28%
• Pretax Margin: -3.77%
• Return on Equity: 2.51%
• Return on Assets: 0.43%

Debt

• Debt-to-Equity Ratio: 2.10
• Current Ratio: 0.58
• Quick Ratio: 0.58

Sales & Book Value

• Annual Sales: $269 million
• Price / Sales: 2.21
• Cash Flow: $2.47 per share
• Price / Cash Flow: 5.09
• Book Value: $35.20 per share
• Price / Book: 0.36

Miscellaneous

• Outstanding Shares: 47,440,000
• Free Float: 45,071,000
• Market Cap: $595.37 million
• Optionable: Optionable
• Beta: 1.22