AMBC - Ambac Financial Group Inc Stock Price, Fair Value and News

18.10USD+0.05 (+0.28%)Market Closed

Market Summary

USD18.10+0.05

Market Closed

0.28%

AMBC Alerts

Big jump in Revenue (Y/Y)

Big jump in Earnings (Y/Y)

AMBC Stock Price

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AMBC RSI Chart

AMBC Valuation

Market Cap

818.6M

Price/Earnings (Trailing)

14.24

Price/Sales (Trailing)

2.61

EV/EBITDA

7.81

Price/Free Cashflow

5.81

AMBC Price/Sales (Trailing)

AMBC Profitability

EBT Margin

21.34%

Return on Equity

4.06%

Return on Assets

0.68%

Free Cashflow Yield

17.23%

AMBC Fundamentals

AMBC Revenue

Revenue (TTM)

314.0M

Rev. Growth (Yr)

77.59%

Rev. Growth (Qtr)

37.33%

AMBC Earnings

Earnings (TTM)

57.5M

Earnings Growth (Yr)

160.61%

Earnings Growth (Qtr)

229.03%

Breaking Down AMBC Revenue

Last 7 days

-0.3%

Last 30 days

28.7%

Last 90 days

15.7%

Trailing 12 Months

23.9%

How does AMBC drawdown profile look like?

AMBC Financial Health

Debt/Equity

0.36

Debt/Cashflow

0.28

AMBC Investor Care

Buy Backs (1Y)

0.21%

Diluted EPS (TTM)

1.33

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	314.0M	0	0	0
2023	443.5M	419.5M	413.5M	269.0M
2022	272.0M	309.0M	338.0M	504.5M
2021	354.0M	328.0M	317.0M	282.0M
2020	0	470.5M	443.5M	315.5M
2019	523.3M	375.3M	457.3M	495.5M
2018	615.8M	609.7M	603.5M	597.3M
2017	535.6M	564.4M	593.2M	622.0M
2016	0	0	0	506.8M
2013	826.7M	0	0	0
2012	393.2M	490.7M	588.2M	685.7M
2011	483.4M	420.9M	358.3M	295.8M
2010	0	0	0	546.0M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Ambac Financial Group Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 08, 2024	eisman robert bryan	sold (taxes)	-1,338	15.38	-87.00	sr. md & cao
Mar 08, 2024	leblanc claude	sold (taxes)	-18,348	15.38	-1,193	chief executive officer
Mar 08, 2024	eisman robert bryan	acquired	-	-	87.00	sr. md & cao
Mar 08, 2024	leblanc claude	acquired	-	-	1,193	chief executive officer
Mar 08, 2024	smith r sharon	acquired	-	-	233	exec vp & chief strategy offr
Mar 08, 2024	ksenak stephen michael	acquired	-	-	218	sr. md & general counsel
Mar 08, 2024	trick david	sold (taxes)	-4,152	15.38	-270	exec vp, cfo & treasurer
Mar 08, 2024	barranco david	acquired	-	-	7,001	senior managing director
Mar 08, 2024	ksenak stephen michael	sold (taxes)	-3,352	15.38	-218	sr. md & general counsel
Mar 08, 2024	smith r sharon	sold (taxes)	-3,583	15.38	-233	exec vp & chief strategy offr

Which funds bought or sold AMBC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-5.29	-79,872	705,054	-%
May 16, 2024	KLCM Advisors, Inc.	unchanged	-	-11,900	218,820	0.03%
May 16, 2024	JANE STREET GROUP, LLC	reduced	-24.66	-936,477	2,344,020	-%
May 16, 2024	Wiser Advisor Group LLC	unchanged	-	-425	7,815	0.01%
May 16, 2024	COMERICA BANK	reduced	-9.15	-47,100	293,344	-%
May 15, 2024	Centiva Capital, LP	new	-	312,600	312,600	0.01%
May 15, 2024	GTS SECURITIES LLC	reduced	-50.75	-1,141,520	1,000,590	-%
May 15, 2024	Walleye Capital LLC	reduced	-82.83	-1,291,570	251,190	-%
May 15, 2024	Walleye Trading LLC	reduced	-87.98	-6,891,110	887,034	-%
May 15, 2024	Shay Capital LLC	new	-	1,094,100	1,094,100	0.17%

Are Funds Buying or Selling AMBC?

Are funds buying AMBC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own AMBC

No. of Funds

Unveiling Ambac Financial Group Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 05, 2024	king theodore walker cheng-de	6.26%	3,017,400	SC 13G
Feb 13, 2024	vanguard group inc	10.70%	4,835,365	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	5.8%	2,603,679	SC 13G
Jan 22, 2024	blackrock inc.	16.1%	7,285,404	SC 13G/A
Feb 09, 2023	vanguard group inc	11.09%	4,987,974	SC 13G/A
Jan 26, 2023	blackrock inc.	14.8%	6,663,545	SC 13G/A
Jan 20, 2023	blackrock inc.	14.8%	6,663,545	SC 13G
Feb 09, 2022	vanguard group inc	10.76%	4,981,390	SC 13G/A
Jan 27, 2022	blackrock inc.	13.9%	6,453,584	SC 13G/A
Jan 25, 2022	blackrock inc.	13.9%	6,453,584	SC 13G/A

Recent SEC filings of Ambac Financial Group Inc

View All Filings

Date Filed	Form Type	Document
May 06, 2024	10-Q	Quarterly Report
May 06, 2024	8-K	Current Report
Apr 26, 2024	ARS	ARS
Apr 26, 2024	DEF 14A	DEF 14A
Apr 08, 2024	PRE 14A	PRE 14A
Apr 05, 2024	SC 13G	Major Ownership Report
Apr 01, 2024	4	Insider Trading
Apr 01, 2024	4	Insider Trading
Apr 01, 2024	4	Insider Trading
Apr 01, 2024	4	Insider Trading

Peers (Alternatives to Ambac Financial Group Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ARGO	1.1T	1.3B	1.56%	3220.84%	-5.4K	851.43	-10.27%	-34.69%
AJG	56.3B	10.6B	11.80%	20.14%	51.57	5.3	20.42%	-6.05%
AIG	53.5B	48.4B	11.01%	48.35%	11.07	1.1	-4.15%	-20.63%
TRV	50.3B	42.9B	6.36%	19.84%	16.03	1.17	13.52%	12.15%
AFL	50.2B	19.3B	10.10%	32.07%	9.39	2.6	3.03%	17.35%
ACGL	37.9B	14.4B	11.43%	34.12%	7.82	2.63	32.92%	143.01%
AFG	11.2B	8.0B	7.21%	13.44%	12.7	1.4	11.14%	7.56%
MID-CAP
UNM	10.1B	12.6B	5.84%	14.37%	7.61	0.8	4.24%	-13.40%
AIZ	9.1B	11.4B	3.23%	33.23%	11.93	0.8	9.81%	217.29%
LNC	5.1B	11.9B	12.70%	41.34%	3.81	0.43	-33.27%	234.43%
AEL	3.9B	3.2B	-0.20%	45.14%	5.55	1.23	64.05%	-35.60%
SMALL-CAP
BRP	2.0B	1.3B	23.61%	49.66%	-37.13	1.59	18.74%	30.90%
AMSF	887.3M	308.9M	-4.69%	-15.41%	14.38	2.87	3.79%	10.94%
AMBC	818.6M	314.0M	28.73%	23.89%	14.24	2.61	-29.20%	-88.19%
AAME	35.5M	187.5M	-11.22%	-20.55%	-49.09	0.19	2.74%	73.83%

Ambac Financial Group Inc News

Latest updates

Ambac Financial Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	37.3%	103	75.00	74.00	62.00	58.00	220	80.00	86.00	119	53.00	51.00	49.00	129	88.00	62.00	75.00	91.00	216	89.00	100	52.00
Operating Expenses	-	-	-	-	-	-	35.00	37.00	-	-	16.00	32.00	-	-	-	-	-	-	-	-	-	-
S&GA Expenses	-100.0%	-	35.00	49.00	36.00	36.00	51.00	31.00	30.00	29.00	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	46.5%	0.42*	0.29*	0.68*	1.40*	1.43*	1.38*	1.52*	0.60*	0.62*	0.68*	0.64*	0.25*	-	-	-	-	-	-	-	-	-
Interest Expenses	0%	16.00	16.00	16.00	16.00	16.00	30.00	49.00	45.00	44.00	43.00	44.00	50.00	50.00	50.00	50.00	58.00	66.00	67.00	67.00	68.00	66.00
Income Taxes	-	5.00	-	1.00	2.00	4.00	-1.50	2.00	1.00	-	3.00	2.00	11.00	2.00	2.00	-	2.00	-1.00	3.00	28.00	2.00	-1.81
Earnings Before Taxes	262.5%	26.00	-16.00	68.00	-11.00	-29.00	174	342	6.00	3.00	-18.50	19.00	-18.00	19.00	-12.00	-108	-33.00	-111	69.00	-100	-41.00	-22.00
EBT Margin	378.3%	0.21*	0.04*	0.49*	1.13*	1.11*	1.04*	0.98*	0.03*	-0.05*	0.01*	0.03*	-0.36*	-	-	-	-	-	-	-	-	-
Net Income	229.0%	20.00	-15.50	66.00	-13.00	-33.00	175	340	5.00	2.00	-22.00	17.00	-29.00	17.00	-14.00	-108	-35.00	-110	66.00	-128	-43.00	-20.00
Net Income Margin	994.6%	0.18*	0.02*	0.47*	1.12*	1.10*	1.03*	0.96*	0.01*	-0.12*	-0.06*	-0.03*	-0.41*	-	-	-	-	-	-	-	-	-
Free Cashflow	-79.5%	18.00	88.00	11.00	24.00	77.00	1,276	48.00	2.00	9.00	5.00	-53.00	-43.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.0%	8,429	8,428	7,847	8,132	8,219	7,973	9,412	10,061	11,531	12,303	12,228	12,907	12,840	13,220	12,812	12,761	12,777	13,320	13,451	14,713	15,023
Cash Equivalents	1750.0%	296	16.00	302	309	304	31.00	38.00	39.00	116	17.00	14.00	13.00	23.00	35.00	37.00	17.00	58.00	81.00	52.00	18.00	22.00
Goodwill	0%	70.00	70.00	70.00	61.00	61.00	61.00	46.00	46.00	46.00	46.00	-	-	-	46.00	-	-	-	-	-	-	-
Liabilities	-0.1%	6,993	6,997	6,507	6,809	6,892	6,647	8,324	9,198	10,538	11,187	11,088	11,764	11,697	12,074	11,718	11,632	11,716	11,783	11,822	13,160	13,357
Long Term Debt	0.8%	512	508	505	501	497	639	2,201	2,189	2,242	2,230	2,215	2,671	2,661	2,739	2,737	2,749	2,760	2,822	2,955	2,947	2,929
Shareholder's Equity	4.1%	1,418	1,362	1,265	1,303	1,307	1,252	1,071	846	974	1,098	1,121	1,123	1,123	1,140	1,095	1,129	1,062	1,536	1,629	1,553	1,666
Retained Earnings	1.6%	1,266	1,246	1,257	1,191	1,206	1,245	1,068	728	723	726	746	732	761	759	773	881	917	1,203	1,313	1,247	1,376
Additional Paid-In Capital	-0.3%	291	292	286	283	278	274	270	267	262	257	253	249	246	242	240	237	235	232	229	227	224
Shares Outstanding	0.1%	45.00	45.00	45.00	45.00	45.00	46.00	46.00	46.00	47.00	47.00	47.00	46.00	-	-	-	-	-	-	-	-	-
Minority Interest	0%	53.00	53.00	53.00	53.00	53.00	53.00	62.00	62.00	60.00	60.00	60.00	60.00	60.00	60.00	60.00	60.00	60.00	60.00	60.00	60.00	44.00
Float	-	-	-	-	623	-	-	-	510	-	-	-	723	-	-	-	656	-	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-79.5%	18,000	88,000	11,000	24,000	77,000	1,276,000	48,000	2,000	9,000	5,000	-53,000	-43,000	-40,000	-8,000	-55,000	-25,000	-87,000	-15,000	-31,000	-170,000	-95,000
Share Based Compensation	-100.0%	-	5,000	4,000	5,000	3,000	3,500	4,000	5,000	5,000	4,000	4,000	2,000	4,000	2,500	3,000	3,000	3,000	2,500	2,000	3,000	4,000
Cashflow From Investing	159.3%	51,000	-86,000	32,000	48,000	441,000	431,000	-5,000	304,000	136,000	31,000	558,000	71,000	116,000	36,000	126,000	26,000	244,000	209,000	478,000	201,000	112,000
Cashflow From Financing	-51.6%	-47,000	-31,000	-49,000	-67,000	-276,000	-1,684,000	-45,000	-382,000	-52,000	-34,000	-516,000	-38,000	-69,000	-43,000	-55,000	-59,000	-146,000	-180,000	-426,000	-9,000	-76,000

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AMBC Income Statement

2024-03-31

Consolidated Statements of Total Comprehensive Income - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Net investment income:
Interest Income, Debt Securities, Available-for-Sale, Operating	$ 27	$ 21
Net investment income	42	34
Realized Investment Gains (Losses)	1	(4)
Change in fair value of credit derivatives:
Derivative, Gain (Loss) on Derivative, Net	2	(4)
Insurance Commissions and Fees	18	14
Other Operating Income (Expense), Net	3	3
Income (loss) on variable interest entities	3	(1)
Total revenues and other income	103	58
Policyholder Benefits and Claims Incurred, Net	(1)	18
Expenses:
Intangible amortization	12	7
General and Administrative Expense	36	36
Interest expense	16	16
Total expenses	77	86
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	26	(29)
Provision for income taxes	5	4
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest	(1)	(1)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	21	(33)
Net income (loss) attributable to common stockholders	20	(33)
Other comprehensive income (loss), after tax
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest	21	(33)
Other Comprehensive Income (Loss), Securities, Available-for-Sale, Unrealized Holding Gain (Loss) Arising During Period, after Tax	(7)	17
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax	(8)	16
Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, Unrealized Gain (Loss) Arising During Period, after Tax	0	0
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	0	3
Total other comprehensive income (loss), net of income tax	(15)	36
Total comprehensive income, net of income tax	5	3
Less: comprehensive (gain) loss attributable to the noncontrolling interest
Total comprehensive income attributable to common stockholders	5	3
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest	$ (1)	$ (1)
Earnings Per Share, Basic	$ 0.44	$ (0.73)
Earnings Per Share, Diluted	$ 0.43	$ (0.73)
Weighted Average Number of Shares Outstanding, Basic	45,827,076	45,564,276
Weighted Average Number of Shares Outstanding, Diluted	46,348,776	45,564,276
Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, Unrealized Gain (Loss) Arising During Period, Tax	$ 0	$ 0
Gain (loss) on foreign currency translation, taxes	0	0
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Plan Amendments, Tax Effect	0	0
Premiums Earned, Net	33	14
Contractually Specified Servicing Fee, Late Fee, and Ancillary Fee Earned in Exchange for Servicing Financial Asset	3	1
Deferred Policy Acquisition Costs, Amortization Expense	4	1
General and Administrative Expense	36	36
Insurance Commissions	10	8
Unrealized (loss) gain on securities, taxes	0	1
Other Comprehensive Income (Loss), Financial Liability, Fair Value Option, Unrealized Gain (Loss) Arising During Period, Tax	0	0
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Plan Amendments, Tax Effect	0	0
Gain (loss) on foreign currency translation, taxes	$ 0	$ 0

AMBC Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Millions	3 Months Ended
Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Assets:
Fixed maturity securities, at fair value	$ 2,095
Total investments (net of allowance for credit losses of $2 and $3)	2,682	$ 2,664
Restricted Cash	11	12
Premiums Receivable, Net	299	290
Premium Receivable, Allowance for Credit Loss	3	4
Reinsurance Recoverables on Unpaid Losses, Allowance	0	0
Reinsurance Recoverables, Including Reinsurance Premium Paid	224	195
Deferred ceded premium	217	204
Subrogation recoverable	130	137
Derivative assets	21	26
Intangible assets, less accumulated amortization	293	307
Goodwill	70	70	$ 61
Other assets	129	129
Total assets	8,429	8,428
Liabilities:
Unearned premiums	429	422
Liability for Claims and Claims Adjustment Expense	851	893
Ceded premiums payable	110	90
Long-term debt	512	508
Accrued interest payable	487	475
Derivative Liability	29	35
Other liabilities	259	199
Total liabilities	6,993	6,997
Redeemable Noncontrolling Interest, Equity, Redemption Value	17
Redeemable Noncontrolling Interest, Equity, Carrying Amount	17	17	20
Liabilities	6,993	6,997
Stockholders’ equity:
Preferred stock, par value $0.01 per share; 20,000,000 shares authorized; issued and outstanding shares—none	0	0
Common Stock, Value, Issued	0	0
Additional paid-in capital	291	292
Accumulated other comprehensive income	(175)	(160)	(253)
Retained earnings	1,266	1,246
Treasury stock, shares at cost: 0 and 8,202	(17)	(17)
Total Ambac Financial Group, Inc. stockholders’ equity	1,365	1,362
Noncontrolling interest	53	53
Total stockholders’ equity	1,418	1,415	1,305
Total liabilities and stockholders’ equity	8,429	8,428
Debt Securities, Available-for-sale, Allowance for Credit Loss	2	3
Debt Securities, Available-for-sale, Amortized Cost	2,135	2,197
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	296	274	$ 61
Deferred Policy Acquisition Cost	12	11
Capitalized Contract Cost, Net	$ 7	$ 6
Treasury Stock, Common, Shares	1,434,172	1,463,774
Preferred Stock, Shares Issued	0	0
Afg [Member]
Stockholders’ equity:
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$ 44	$ 28
Short-term Investments [Member]
Assets:
Fixed maturity securities, at fair value	382	426
Stockholders’ equity:
Debt Securities, Available-for-sale, Allowance for Credit Loss	0	0
Debt Securities, Available-for-sale, Amortized Cost	382	426
Variable Interest Entity, Primary Beneficiary [Member]
Assets:
Fixed maturity securities, at fair value	2,162	2,167
Restricted Cash	252	246
Derivative assets	221	226
Other assets	92	92
Total assets	4,330	4,394
Liabilities:
Long-term debt	2,925	2,967
Derivative Liability	1,170	1,197
Other Sundry Liabilities, Current	245	240
Other liabilities	6	5
Total liabilities	4,340	4,404
Liabilities	4,340	4,404
Stockholders’ equity:
Financing Receivable, after Allowance for Credit Loss	1,604	1,663
Gross Investment Income, Operating	3
Derivative and other assets	313	318
Fixed Income Securities [Member]
Assets:
Fixed maturity securities, at fair value	1,687	1,710
Stockholders’ equity:
Debt Securities, Available-for-sale, Allowance for Credit Loss	2	3
Debt Securities, Available-for-sale, Amortized Cost	1,726	1,744
Debt Securities, Available-for-Sale, Excluding Accrued Interest	1,687	1,710
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, before Allowance for Credit Loss	1,726	1,744
Short-term Investments [Member]
Assets:
Fixed maturity securities, at fair value	382	426
Stockholders’ equity:
Gross Investment Income, Operating	5
Other Investments [Member]
Stockholders’ equity:
Other Investment Not Readily Marketable, Fair Value	558	475
Gross Investment Income, Operating	13
Fixed Income Securities, Trading
Stockholders’ equity:
Gross Investment Income, Operating	2
Debt Securities, Available-for-Sale, Excluding Accrued Interest	29	27
Collateral Pledged [Member] \| Fixed Income Securities [Member]
Assets:
Fixed maturity securities, at fair value	26	27
Stockholders’ equity:
Debt Securities, Available-for-sale, Amortized Cost	27	0
Collateral Pledged [Member] \| Fixed Income Securities [Member] \| Short-term Investments [Member]
Assets:
Fixed maturity securities, at fair value	0	27
Stockholders’ equity:
Debt Securities, Available-for-sale, Allowance for Credit Loss	0	0
Debt Securities, Available-for-sale, Amortized Cost	0	27
Collateral Pledged [Member] \| Short-term Investments
Stockholders’ equity:
Debt Securities, Available-for-sale, Amortized Cost	0	27
Collateralized Securities \| Fixed Income Securities [Member]
Stockholders’ equity:
Debt Securities, Available-for-Sale, Excluding Accrued Interest	26	0
Collateralized Securities \| Short-term Investments [Member]
Assets:
Fixed maturity securities, at fair value	$ 0	$ 27

About Ambac Financial Group Inc

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. The company was incorporated in 1991 and is headquartered in New York, New York.

CEO	Mr. Claude L. LeBlanc
WEBSITE	ambac.com
INDUSTRY	Insurance Property & Casualty
EMPLOYEES	155

Ambac Financial Group Inc Frequently Asked Questions

What is the ticker symbol for Ambac Financial Group Inc? What does AMBC stand for in stocks?

AMBC is the stock ticker symbol of Ambac Financial Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Ambac Financial Group Inc (AMBC)?

As of Fri May 17 2024, market cap of Ambac Financial Group Inc is 818.57 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of AMBC stock?

You can check AMBC's fair value in chart for subscribers.

What is the fair value of AMBC stock?

You can check AMBC's fair value in chart for subscribers. The fair value of Ambac Financial Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Ambac Financial Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for AMBC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Ambac Financial Group Inc a good stock to buy?

The fair value guage provides a quick view whether AMBC is over valued or under valued. Whether Ambac Financial Group Inc is cheap or expensive depends on the assumptions which impact Ambac Financial Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for AMBC.

What is Ambac Financial Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, AMBC's PE ratio (Price to Earnings) is 14.24 and Price to Sales (PS) ratio is 2.61. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. AMBC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Ambac Financial Group Inc's stock?

In the past 10 years, Ambac Financial Group Inc has provided -0.045 (multiply by 100 for percentage) rate of return.