Ambac Financial Group, Inc.

AMBC

US0231398845

Property & Casualty Insurance

Market Closed - Nyse Other stock markets 04:00:02 2024-04-26 pm EDT			5-day change	1st Jan Change
14.59 ^USD	+1.46%		+1.32%	-11.47%

Feb. 28	Transcript : Ambac Financial Group, Inc., Q4 2023 Earnings Call, Feb 28, 2024
Feb. 27	Earnings Flash (AMBC) AMBAC FINANCIAL GROUP Reports Q4 Revenue $75.5M, vs. Street Est of $67M	MT

Tranche Update on Ambac Financial Group, Inc.'s Equity Buyback Plan announced on March 30, 2022.

November 07, 2023 at 04:20 pm EST

From July 1, 2023 to September 30, 2023, the company has repurchased 120,068 shares, representing 0.27% for $1.55 million. With this, the company has completed the repurchase of 1,945,329 shares, representing 4.2% for $18.91 million under the buyback announced on March 30, 2022.

Latest news about Ambac Financial Group, Inc.

Transcript : Ambac Financial Group, Inc., Q4 2023 Earnings Call, Feb 28, 2024	Feb. 28
Earnings Flash (AMBC) AMBAC FINANCIAL GROUP Reports Q4 Revenue $75.5M, vs. Street Est of $67M	Feb. 27	MT
Earnings Flash (AMBC) AMBAC FINANCIAL GROUP Posts Q4 EPS $0.32	Feb. 27	MT
Ambac Financial Group, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 27	CI
Ambac Financial Group, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 27	CI
Transcript : Ambac Financial Group, Inc., Q3 2023 Earnings Call, Nov 08, 2023	Nov. 08
Earnings Flash (AMBC) AMBAC FINANCIAL GROUP Reports Q3 EPS $2	Nov. 07	MT
Earnings Flash (AMBC) AMBAC FINANCIAL GROUP Posts Q3 Revenue $73.8M, vs. Street Est of $60.9M	Nov. 07	MT
Tranche Update on Ambac Financial Group, Inc.'s Equity Buyback Plan announced on March 30, 2022.	Nov. 07	CI
Ambac Financial Group, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 07	CI
Transcript : Ambac Financial Group, Inc., Q2 2023 Earnings Call, Aug 08, 2023	23-08-08
Earnings Flash (AMBC) AMBAC FINANCIAL GROUP Reports Q2 Revenue $62.2M, vs. Street Est of $55M	23-08-07	MT
Earnings Flash (AMBC) AMBAC FINANCIAL GROUP Posts Q2 EPS $0.07, vs. Street Est of $-0.06	23-08-07	MT
Tranche Update on Ambac Financial Group, Inc.'s Equity Buyback Plan announced on March 30, 2022.	23-08-07	CI
Ambac Financial Group, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-07	CI
Sector Update: Financial Stocks Rising Late Monday	23-08-07	MT
Sector Update: Financial Stocks Advancing Monday Afternoon	23-08-07	MT
Ambac Financial Acquires Majority Stake in Riverton Insurance Agency	23-08-07	MT
Ambac Financial Group, Inc. (NYSE: AMBC) acquired an unknown majority stake in Riverton Insurance Agency, Corp.	23-08-06	CI
Ambac Financial Group, Inc. Announces Board Appointments	23-06-22	CI
Transcript : Ambac Financial Group, Inc., Q1 2023 Earnings Call, May 10, 2023	23-05-10
Tranche Update on Ambac Financial Group, Inc.'s Equity Buyback Plan announced on March 30, 2022.	23-05-09	CI
Ambac Financial Group, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-09	CI
Earnings Flash (AMBC) AMBAC FINANCIAL GROUP Posts Q1 Revenue $57.5M, vs. Street Est of $58.1M	23-05-09	MT
Ambac Financial Group, Inc. Announces Board Changes	23-03-07	CI

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Company Profile

Ambac Financial Group, Inc. is a financial services holding company. It operates three principal businesses: Legacy Financial Guarantee (LFG) Insurance, Specialty Property and Casualty Insurance, and Insurance Distribution. The LFG Insurance includes the activities of Ambac Assurance Corporation (AAC) and its wholly owned subsidiaries, including Ambac Assurance UK Limited (Ambac UK) and Ambac Financial Services LLC (AFS). The Specialty Property and Casualty Insurance includes five admitted carriers and an excess and surplus lines (E&S or no admitted) insurer, Everspan Indemnity Insurance Company (all carriers collectively, Everspan). The Insurance Distribution includes the specialty property and casualty (P&C) insurance distribution business, which includes managing general agents and underwriters (collectively MGA/Us), insurance wholesalers, brokers, and other distribution businesses, which includes Xchange Benefits, LLC, a P&C MGA specializing in accident and health products.

Sector

Property & Casualty Insurance

Calendar

2024-05-05 - Q1 2024 Earnings Release

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Russell 2000

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

14.59 USD

Average target price

17 USD

Spread / Average Target

+16.52%

Consensus

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Quarterly earnings - Rate of surprise

Company calendar

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Other Property & Casualty Insurance

Ambac Financial Group, Inc.

Equities

AMBC

US0231398845

Property & Casualty Insurance

Tranche Update on Ambac Financial Group, Inc.'s Equity Buyback Plan announced on March 30, 2022.

Latest news about Ambac Financial Group, Inc.

Chart Ambac Financial Group, Inc.

Company Profile

Income Statement Evolution

Analysts' Consensus

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Property & Casualty Insurance