Insurance Expertise, M&A, And Divestures Make Ambac A Buy
Ambac Financial Group is significantly undervalued, trading at less than 0.5x its book value and at its lowest PE ratio in a decade. The company expects $420 million from selling its legacy financial guarantee business, potentially boosting liquidity for acquisitions and organic growth. Ambac's deep domain expertise and recent acquisitions are projected to deliver $80 million in EBITDA by 2028, enhancing future operating performance.
Ambac: Despite EPS Miss, It's A Growth Company
Ambac Financial Group saw a stock decline after an earnings miss for Q4. Such a sell-off overlooks the fundamental improvements: profitable underwriting and the build-out of a higher-ROE distribution platform. The sale of the legacy business remains to be approved by Wisconsin, creating a thorn in AMBC's side for the moment.
Ambac Financial Group, Inc. (AMBC) Q4 2024 Earnings Call Transcript
Ambac Financial Group, Inc. (NYSE:AMBC ) Q4 2024 Earnings Conference Call February 27, 2025 8:30 AM ET Company Participants Charles Sebaski - Managing Director and Head of Investor Relations Claude LeBlanc - President and Chief Executive Officer David Trick - Chief Financial Officer Conference Call Participants Deepak Sarpangal - Repertoire Partners LP Operator Ladies and gentlemen, good morning, and welcome to the Ambac Financial Group Fourth Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Ambac Financial: Don't Get Lost In The Weeds; It's Working
Ambac Financial Group has shifted from guarantee insurance to specialty property-casualty insurance and distribution. Despite a drop in tangible book value per share, the sale of the legacy business and recent acquisitions are expected to improve financials and boost earnings. Ambac Financial faces risks from recent hurricanes and potential delays in the legacy business sale approval, but overall outlook remains positive.
Ambac Financial Group Inc (AMBC) Q3 2024 Earnings Call Transcript
Ambac Financial Group Inc (NYSE:AMBC ) Q3 2024 Earnings Conference Call November 13, 2024 8:30 AM ET Company Participants Charles Sebaski - MD & Head of Investor Relation Claude LeBlanc - President, CEO & Director David Trick - Executive VP, CFO & Treasurer Conference Call Participants Mark Hughes - Truist Securities Dennis Chua - Repertoire Partners Harry Fong - Roth MKM Operator Greetings, and welcome to Ambac Financial Group, Inc. Third quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
New Strong Sell Stocks for September 19th
AZUL, ARCH and AMBC have been added to the Zacks Rank #5 (Strong Sell) List on September 19 2024.
Ambac Financial Group Will Be Better Positioned Once Sale Of Financial Guarantee Business Closes, Analyst Says
After declining since the beginning of 2024, shares of Ambac Financial Group, Inc. AMBC have risen by almost 10% over the past five trading sessions.
New Strong Sell Stocks for September 4th
AMBC, BZH and PMTS have been added to the Zacks Rank #5 (Strong Sell) List on September 4, 2024.
