Profile
Sector:
Financial ServicesIndustry:
Insurance - SpecialtyCountry:
United StatesIPO:
01 May 2013Website:
http://www.ambac.comNext earnings report:
07 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Thu, 03 Oct 2024 22:49:01 GMTDividend
Analysts recommendations
Institutional Ownership
AMBC Latest News
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Ambac Financial Group, Inc.'s (NYSE: AMBC) legacy financial guarantee businesses to funds managed by Oaktree Capital Management, L.P. for $420 million in cash is fair to Ambac shareholders. Halper Sadeh encourages Ambac shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or zh.
NEW YORK--(BUSINESS WIRE)--Ambac Financial Group, Inc. to Sell Legacy Financial Guarantee Business.
Ambac (AMBC) has experienced significant changes in earnings estimates in the past month and is part of a robust industry.
Ambac Financial Group, Inc. (AMBC) Q4 2023 Earnings Call Transcript
In the stock market, pursuing high-growth stocks becomes a compelling venture, akin to searching for pearls in the vast sea of possibilities. The year 2024 unfolds with promises of prosperity and strategic opportunities, and within this realm, seven stocks emerge as yielders of potential riches.
Ambac is a complex company with a financial guarantees business and a new specialty P&C insurance business. We run a comparison with MBIA to compute releasable liquidity from the FG business that may be paid out as a special dividend. Ambac may benefit from a liquidity release or a sale, but the bulk of its value lies in its new businesses.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Ambac Financial Group (AMBC) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of a loss of $0.06 per share. This compares to earnings of $0.28 per share a year ago.
NEW YORK--(BUSINESS WIRE)--Ambac Financial Group, Inc. (NYSE: AMBC), a financial services holding company, today announced that it will release first quarter 2023 results on May 9, 2023, following the close of the market.
What type of business is Ambac Financial?
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.
What sector is Ambac Financial in?
Ambac Financial is in the Financial Services sector
What industry is Ambac Financial in?
Ambac Financial is in the Insurance - Specialty industry
What country is Ambac Financial from?
Ambac Financial is headquartered in United States
When did Ambac Financial go public?
Ambac Financial initial public offering (IPO) was on 01 May 2013
What is Ambac Financial website?
https://www.ambac.com
Is Ambac Financial in the S&P 500?
No, Ambac Financial is not included in the S&P 500 index
Is Ambac Financial in the NASDAQ 100?
No, Ambac Financial is not included in the NASDAQ 100 index
Is Ambac Financial in the Dow Jones?
No, Ambac Financial is not included in the Dow Jones index
When was Ambac Financial the previous earnings report?
No data
When does Ambac Financial earnings report?
The next expected earnings date for Ambac Financial is 07 November 2024