Ambac Financial Group Reports Strong Revenue Growth Amid Strategic Transformation
TipRanks (Thu, 27-Feb 11:54 PM ET)
Ambac Financial Group’s Earnings Call: Growth Amid Challenges
TipRanks (Thu, 27-Feb 9:12 PM ET)
Ambac Financial (AMBC) Receives a Buy from Roth MKM
TipRanks (Thu, 27-Feb 12:35 AM ET)
Ambac Financial Group Non-GAAP EPS of -$0.12 misses by $0.18
Seeking Alpha News (Wed, 26-Feb 5:08 PM ET)
Ambac Reports Fourth Quarter and Full Year 2024 Results
Business Wire (Wed, 26-Feb 4:05 PM ET)
Here are the major earnings after the close today
Seeking Alpha News (Wed, 26-Feb 10:00 AM ET)
Ambac to Release Fourth Quarter 2024 Results on February 26, 2025
Business Wire (Wed, 12-Feb 8:30 AM ET)
Ambac Financial Group Inc is a financial services holding company. The business operations of the company include Legacy Financial Guarantee Insurance, Specialty Property and Casualty Insurance and Insurance Distribution. The Company has three reportable segments namely Legacy Financial Guarantee Insurance, Specialty Property and Casualty Insurance and Insurance Distribution. Majority of revenues are earned from Legacy Financial Guarantee Insurance segment.
Ambac Financial Group trades on the NYSE stock market under the symbol AMBC.
As of March 3, 2025, AMBC stock price declined to $9.30 with 1,343,048 million shares trading.
AMBC has a beta of 1.03, meaning it tends to be more sensitive to market movements. AMBC has a correlation of 0.07 to the broad based SPY ETF.
AMBC has a market cap of $441.20 million. This is considered a Small Cap stock.
In the last 3 years, AMBC traded as high as $18.45 and as low as $7.24.
The top ETF exchange traded funds that AMBC belongs to (by Net Assets): IJR, VTI, IWM, VXF, AVUV.
AMBC has underperformed the market in the last year with a price return of -45.1% while the SPY ETF gained +16.7%. AMBC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -26.8% and -20.2%, respectively, while the SPY returned -2.2% and -4.3%, respectively.
AMBC support price is $9.51 and resistance is $9.91 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AMBC shares will trade within this expected range on the day.