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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NYSE:AMBC

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

$15.63
+0.46 (+3.03%)
(As of 03/28/2024 ET)
Today's Range
$15.20
$15.72
50-Day Range
$14.59
$16.94
52-Week Range
$11.26
$17.80
Volume
476,232 shs
Average Volume
377,156 shs
Market Capitalization
$706.32 million
P/E Ratio
104.21
Dividend Yield
N/A
Price Target
$18.00

Ambac Financial Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
15.2% Upside
$18.00 Price Target
Short Interest
Bearish
4.29% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.74
Upright™ Environmental Score
News Sentiment
0.02mentions of Ambac Financial Group in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
33.33%
From $0.45 to $0.60 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.

3.97 out of 5 stars

Finance Sector

368th out of 850 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

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AMBC Apr 2024 18.000 put
AMBC Aug 2024 21.000 call
AMBC Apr 2024 15.000 call
AMBC Apr 2024 17.000 put
AMBC Apr 2024 21.000 call
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Q4 2023 Ambac Financial Group Inc Earnings Call
Ambac Reports Fourth Quarter 2023 Results
Ambac Financial Group Inc. Q4 Earnings Summary
Ambac Reports Fourth Quarter 2023 Results
AMBC Apr 2024 17.000 call
AMBC Aug 2024 13.000 put
AMBC Aug 2024 17.000 call
AMBC Jan 2025 17.500 put
AMBC Aug 2024 15.000 put
AMBC Mar 2024 17.000 put
Should Value Investors Buy Ambac (AMBC) Stock?
Are Investors Undervaluing Ambac (AMBC) Right Now?
See More Headlines
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Company Calendar

Last Earnings
2/28/2024
Today
3/28/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Surety insurance
Sub-Industry
N/A
Employees
178
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$18.00
High Stock Price Target
$18.00
Low Stock Price Target
$18.00
Potential Upside/Downside
+16.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$4 million
Pretax Margin
4.46%

Debt

Sales & Book Value

Annual Sales
$269 million
Cash Flow
$2.51 per share
Book Value
$31.31 per share

Miscellaneous

Free Float
43,658,000
Market Cap
$697.73 million
Optionable
Optionable
Beta
1.30
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Key Executives

  • Mr. Claude L. LeBlancMr. Claude L. LeBlanc (Age 59)
    President, CEO & Director
    Comp: $2.77M
  • Mr. David Trick (Age 53)
    Executive VP, CFO & Treasurer
    Comp: $1.43M
  • Mr. Stephen Michael Ksenak (Age 58)
    Senior MD & General Counsel
    Comp: $1.33M
  • Mr. David Peter Barranco (Age 53)
    Senior MD and Head of Risk Management
    Comp: $1.23M
  • Ms. Rhonta Sharon Smith (Age 53)
    Executive VP & Chief Strategy Officer
    Comp: $1.25M
  • 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

Should I buy or sell Ambac Financial Group stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ambac Financial Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" AMBC shares.
View AMBC analyst ratings
or view top-rated stocks.

What is Ambac Financial Group's stock price target for 2024?

1 equities research analysts have issued twelve-month target prices for Ambac Financial Group's shares. Their AMBC share price targets range from $18.00 to $18.00. On average, they predict the company's share price to reach $18.00 in the next year. This suggests a possible upside of 15.2% 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 2024?

Ambac Financial Group's stock was trading at $16.48 at the beginning of the year. Since then, AMBC shares have decreased by 5.2% and is now trading at $15.63.
View the best growth stocks for 2024 here
.

Are investors shorting Ambac Financial Group?

Ambac Financial Group saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 1,890,000 shares, an increase of 9.9% from the February 29th total of 1,720,000 shares. Based on an average daily volume of 367,600 shares, the short-interest ratio is presently 5.1 days. Approximately 4.3% of the shares of the company 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 Tuesday, May 14th 2024.
View our AMBC earnings forecast
.

How were Ambac Financial Group's earnings last quarter?

Ambac Financial Group, Inc. (NYSE:AMBC) posted its quarterly earnings results on Wednesday, February, 28th. The company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.29. The firm had revenue of $76 million for the quarter. Ambac Financial Group had a trailing twelve-month return on equity of 6.99% and a net margin of 1.48%. During the same period in the prior year, the firm posted $4.18 earnings per share.

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 declared that its Board of Directors has authorized a share buyback plan on Wednesday, March 30th 2022, which authorizes the company to buyback $20,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 5% of its stock through open market purchases. Stock buyback plans are often an indication that the company's management believes its shares are undervalued.

Who are Ambac Financial Group's major shareholders?

Ambac Financial Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.70%), Vanguard Group Inc. (10.70%), Dimensional Fund Advisors LP (5.76%), Boussard & Gavaudan Investment Management LLP (1.89%), Nuveen Asset Management LLC (1.67%) and Goldman Sachs Group Inc. (1.44%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:AMBC) was last updated on 3/28/2024 by MarketBeat.com Staff

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