Ambac (AMBC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
The mean of analysts' price targets for Ambac (AMBC) points to a 48% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Ambac Financial Group, Inc. ( AMBC ) Q3 2025 Earnings Call November 11, 2025 8:30 AM EST Company Participants Karen Beyer - MD & Head of Investor Relations Claude LeBlanc - President, CEO & Director David Trick - Executive VP, CFO & Treasurer Conference Call Participants Mark Hughes - Truist Securities, Inc., Research Division Presentation Operator Ladies and gentlemen, good morning, and welcome to the Octave Specialty Group's Third Quarter 2025 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.
| Financial Services Industry | Financials Sector | David Trick CEO | NYSE Exchange | 023139884 CUSIP |
| US Country | 380 Employees | - Last Dividend | - Last Split | 11 Jul 1991 IPO Date |
Ambac Financial Group, Inc. is a multifaceted financial services holding company with a diverse range of operations focused on meeting the needs of its clients in various financial aspects. Founded in 1991 and centrally headquartered in New York, New York, the company demonstrates its expertise across three main business areas: Specialty Property and Casualty Insurance, Insurance Distribution, and Legacy Financial Guarantee (LFG) Insurance. Each of these sectors plays a pivotal role in Ambac's comprehensive approach to offering financial security and insurance solutions. Through its dedicated services and products, Ambac aims to fulfill the financial assurance and risk management needs of its customers, which range from individuals to commercial entities.
This segment of Ambac provides clients with tailored specialty property and casualty program insurance solutions. The focus here is predominantly on managing commercial and personal liability risks. Ambac's expertise in this area ensures that clients receive coverage that is not only comprehensive but also carefully aligned with their specific needs and risk profiles, whether they are individuals or businesses seeking robust liability protection.
Ambac's Insurance Distribution operations include a wide range of activities related to the distribution of specialty property and casualty insurance products. This encompasses managing general agents and underwriters, insurance wholesalers, brokers, and other distribution businesses. This branch of Ambac functions as a vital artery in the insurance ecosystem, ensuring that specialized insurance products reach the market efficiently and effectively cater to the diverse needs of the policyholders.
The LFG Insurance business provides financial guarantee insurance policies. These policies serve as an unconditional and irrevocable safety net, safeguarding the holder of a debt obligation against the non-payment of principal and interest when due. By offering this level of guarantee, Ambac plays a crucial role in enhancing the creditworthiness of its clients' obligations, thus facilitating smoother transactions in the financial markets and fostering investor confidence.