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

1 Wall Street equities research 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 equities research 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 Wall Street research analysts have issued 12 month price objectives for Ambac Financial Group's shares. Their AMBC share price targets range from $18.00 to $18.00. On average, they expect the company's share price to reach $18.00 in the next year. This suggests a possible upside of 25.7% 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 2024?

Ambac Financial Group's stock was trading at $16.48 at the start of the year. Since then, AMBC shares have decreased by 13.1% and is now trading at $14.32. View the best growth stocks for 2024 here .

Are investors shorting Ambac Financial Group?

Ambac Financial Group saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 1,640,000 shares, a decrease of 13.2% from the March 15th total of 1,890,000 shares. Based on an average daily volume of 371,100 shares, the days-to-cover ratio is currently 4.4 days. Currently, 4.0% of the company's shares 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 EPS for the quarter, beating analysts' consensus estimates of $0.03 by $0.29. The company earned $76 million during the quarter. Ambac Financial Group had a net margin of 1.48% and a trailing twelve-month return on equity of 6.99%. During the same quarter last year, the business earned $4.18 earnings per share.

What ETFs hold Ambac Financial Group's stock?

ETFs with the largest weight of Ambac Financial Group (NYSE:AMBC) stock in their portfolio include Invesco S&P SmallCap 600 Pure Growth ETF (RZG) and ETC 6 Meridian Small Cap Equity ETF (SIXS) . Invesco S&P SmallCap Value with Momentum ETF (XSVM) .

Who are Ambac Financial Group's major shareholders?

Ambac Financial Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.19%) and IMC Chicago LLC (0.00%). 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 .

NYSE:AMBC

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

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$14.32

-0.63 (-4.21%)

(As of 04/15/2024 ET)

Compare

Today's Range: $14.30
▼
$15.24
50-Day Range: $14.32
▼
$16.94
52-Week Range: $11.26
▼
$17.80

Volume: 437,380 shs
Average Volume: 377,503 shs
Market Capitalization: $647.62 million

P/E Ratio: 95.47
Dividend Yield: N/A
Price Target: $18.00

Get Ambac Financial Group alerts:

Ambac Financial Group MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 25.7% Upside
$18.00 Price Target
Short Interest: Healthy
4.00% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.53
Upright™ Environmental Score
News Sentiment: 0.98
Based on 5 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.

4.77 out of 5 stars

Finance Sector

235th out of 876 stocks

Surety Insurance Industry

3rd out of 8 stocks

3.5

Analyst's Opinion

Consensus Rating
Ambac Financial Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Ambac Financial Group has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
4.00% 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 4.4.
Change versus previous month
Short interest in Ambac Financial Group has recently decreased by 13.23%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

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.

2.5

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Ambac Financial Group has received a 12.67% net impact score from Upright. Ambac Financial seems to create the most significant positive value in categories "Taxes", "Societal infrastructure", and "Jobs". The positive contribution in the "Societal infrastructure" impact category is driven by its "Guarantee services for corporations", "Insurance underwriting services", and "Excess and surplus lines insurances" products. See details.
Environmental Sustainability
The Environmental Impact score for Ambac Financial Group is -0.53.

3.3

News and Social Media Coverage

News Sentiment
Ambac Financial Group has a news sentiment score of 0.98. 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 higher news sentiment than the 0.64 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Ambac Financial Group this week, compared to 2 articles on an average week.
Search Interest
1 people have searched for AMBC on MarketBeat in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ambac Financial Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.40% 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.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Ambac Financial Group are expected to grow by 33.33% in the coming year, from $0.45 to $0.60 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ambac Financial Group is 95.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.93.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ambac Financial Group is 95.47, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 57.82.
Price to Book Value per Share Ratio
Ambac Financial Group has a P/B Ratio of 0.46. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

AMBC Stock News Headlines

April 12, 2024 | americanbankingnews.com

Ambac Financial Group Target of Unusually Large Options Trading (NYSE:AMBC)

April 8, 2024 | americanbankingnews.com

Ambac Financial Group (NYSE:AMBC) Lifted to "Hold" at StockNews.com

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April 7, 2024 | americanbankingnews.com

Ambac Financial Group (NYSE:AMBC) Stock Price Down 3.6%

April 5, 2024 | morningstar.com

Ambac Financial Group Inc

March 27, 2024 | seekingalpha.com

Ambac: Finally Shaking Off The Great Financial Crisis

March 27, 2024 | finance.yahoo.com

Ambac Announces Meeting and Record Date for 2024 Annual Meeting of Stockholders

March 16, 2024 | finance.yahoo.com

AMBC Apr 2024 18.000 put

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AMBC Aug 2024 21.000 call

March 16, 2024 | finance.yahoo.com

AMBC Apr 2024 15.000 call

March 15, 2024 | finance.yahoo.com

AMBC Apr 2024 17.000 put

March 15, 2024 | finance.yahoo.com

AMBC Apr 2024 21.000 call

March 1, 2024 | seekingalpha.com

Ambac Financial Group, Inc. (AMBC) Q4 2023 Earnings Call Transcript

February 29, 2024 | finance.yahoo.com

Q4 2023 Ambac Financial Group Inc Earnings Call

February 27, 2024 | uk.finance.yahoo.com

Ambac Financial Group Inc (AMBC) Reports Mixed Fourth Quarter 2023 Results

February 27, 2024 | finance.yahoo.com

Ambac Reports Fourth Quarter 2023 Results

February 27, 2024 | msn.com

Ambac Financial Group Non-GAAP EPS of $0.32 beats by $0.26, revenue of $30.5M misses by $36.5M

February 27, 2024 | markets.businessinsider.com

Ambac Financial Group Inc. Q4 Earnings Summary

February 27, 2024 | businesswire.com

Ambac Reports Fourth Quarter 2023 Results

February 22, 2024 | benzinga.com

Ambac Financial Group Stock (NYSE:AMBC), Short Interest Report

February 19, 2024 | finance.yahoo.com

AMBC Apr 2024 17.000 call

February 18, 2024 | finance.yahoo.com

AMBC Aug 2024 13.000 put

February 18, 2024 | ca.finance.yahoo.com

AMBC Aug 2024 17.000 call

February 18, 2024 | ca.finance.yahoo.com

AMBC Jan 2025 17.500 put

February 18, 2024 | finance.yahoo.com

AMBC Aug 2024 15.000 put

February 18, 2024 | finance.yahoo.com

AMBC Mar 2024 17.000 put

See More Headlines

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Company Calendar

Last Earnings: 2/28/2024
Today: 4/15/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Surety insurance
Sub-Industry: N/A
Current Symbol: NYSE:AMBC
CUSIP: N/A
CIK: 874501
Web: www.ambac.com
Phone: (212) 658-7470
Fax: 212-208-3414
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: +25.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.15
Trailing P/E Ratio: 95.47
Forward P/E Ratio: 31.82
P/E Growth: N/A
Net Income: $4 million
Net Margins: 1.48%
Pretax Margin: 4.46%
Return on Equity: 6.99%
Return on Assets: 1.15%

Debt

Debt-to-Equity Ratio: 2.46
Current Ratio: 0.72
Quick Ratio: 0.72

Sales & Book Value

Annual Sales: $269 million
Price / Sales: 2.41
Cash Flow: $2.32 per share
Price / Cash Flow: 6.18
Book Value: $31.31 per share
Price / Book: 0.46

Miscellaneous

Outstanding Shares: 45,220,000
Free Float: 43,687,000
Market Cap: $647.55 million
Optionable: Optionable
Beta: 1.30

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Key Executives

Mr. 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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

AMBC Stock Analysis - Frequently Asked Questions

Should I buy or sell Ambac Financial Group stock right now?: 1 Wall Street equities research 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 equities research 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 Wall Street research analysts have issued 12 month price objectives for Ambac Financial Group's shares. Their AMBC share price targets range from $18.00 to $18.00. On average, they expect the company's share price to reach $18.00 in the next year. This suggests a possible upside of 25.7% 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 2024?: Ambac Financial Group's stock was trading at $16.48 at the start of the year. Since then, AMBC shares have decreased by 13.1% and is now trading at $14.32.
View the best growth stocks for 2024 here.
Are investors shorting Ambac Financial Group?: Ambac Financial Group saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 1,640,000 shares, a decrease of 13.2% from the March 15th total of 1,890,000 shares. Based on an average daily volume of 371,100 shares, the days-to-cover ratio is currently 4.4 days. Currently, 4.0% of the company's shares 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 EPS for the quarter, beating analysts' consensus estimates of $0.03 by $0.29. The company earned $76 million during the quarter. Ambac Financial Group had a net margin of 1.48% and a trailing twelve-month return on equity of 6.99%. During the same quarter last year, the business earned $4.18 earnings per share.
What ETFs hold Ambac Financial Group's stock?: ETFs with the largest weight of Ambac Financial Group (NYSE:AMBC) stock in their portfolio include Invesco S&P SmallCap 600 Pure Growth ETF (RZG) and ETC 6 Meridian Small Cap Equity ETF (SIXS).Invesco S&P SmallCap Value with Momentum ETF (XSVM).
Who are Ambac Financial Group's major shareholders?: Ambac Financial Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.19%) and IMC Chicago LLC (0.00%). 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 4/16/2024 by MarketBeat.com Staff

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

Ambac Financial Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Ambac Financial Group Stock (NYSE:AMBC)

AMBC Stock Price History

AMBC Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

AMBC Stock Analysis - Frequently Asked Questions

Overall MarketRank^™