Equities

Ambac Financial Group Inc

Ambac Financial Group Inc

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FinancialsNon-life Insurance
  • Price (USD)12.97
  • Today's Change-0.34 / -2.55%
  • Shares traded753.78k
  • 1 Year change-9.62%
  • Beta1.2826
Data delayed at least 15 minutes, as of Jun 07 2024 21:10 BST.
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About the company

Ambac Financial Group, Inc. is a financial services holding company. It operates three principal businesses: Legacy Financial Guarantee (LFG) Insurance, Specialty Property and Casualty Insurance, and Insurance Distribution. The LFG Insurance includes the activities of Ambac Assurance Corporation (AAC) and its wholly owned subsidiaries, including Ambac Assurance UK Limited (Ambac UK) and Ambac Financial Services LLC (AFS). The Specialty Property and Casualty Insurance includes five admitted carriers and an excess and surplus lines (E&S or no admitted) insurer, Everspan Indemnity Insurance Company (all carriers collectively, Everspan). The Insurance Distribution includes the specialty property and casualty (P&C) insurance distribution business, which includes managing general agents and underwriters (collectively MGA/Us), insurance wholesalers, brokers, and other distribution businesses, which includes Xchange Benefits, LLC, a P&C MGA specializing in accident and health products.

  • Revenue in USD (TTM)302.00m
  • Net income in USD62.00m
  • Incorporated1991
  • Employees178.00
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
AMBC:NYQ since
announced
Transaction
value
Riverton Insurance Agency CorpDeal completed07 Aug 202307 Aug 2023Deal completed-7.69%--
Data delayed at least 15 minutes, as of Jun 07 2024 21:10 BST.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
NI Holdings Inc373.29m5.15m313.98m219.0060.501.2344.570.84110.25160.251617.6912.400.5732----1,704,511.000.87420.5825--------1.531.07----0.000.0015.7812.7089.69---8.90--
Investors Title Company227.04m25.03m328.51m545.0013.181.2911.211.4513.2313.23120.03134.800.6951----416,583.507.6612.19--------11.0214.69--2,043.530.00358.66-26.097.00-9.27-0.188937.652.83
Global Indemnity Group LLC489.51m33.86m425.14m266.0012.640.6486--0.86852.472.4735.7648.480.2793----1,840,248.001.961.07--------7.013.37----0.0070.57-19.341.132,037.13----0.00
Donegal Group Inc943.73m5.18m434.11m861.0084.450.901846.440.460.15510.155128.4014.530.4127----1,096,090.000.22641.20--------0.54863.05--261.730.067375.339.333.81325.86---15.793.53
Hippo Holdings Inc255.00m-238.90m435.83m516.00--1.24--1.71-10.08-10.0810.7014.390.1645----494,186.00-14.70-----------89.37------0.00--75.19--18.09------
United Fire Group Inc1.12bn-16.89m541.33m852.00--0.7347--0.4815-0.6848-0.684844.1229.130.3661----1,319,674.00-0.55-0.3378---------1.50-0.9336--69.460.0636--11.750.4684-297.59---19.92-11.96
Universal Insurance Holdings, Inc.1.44bn76.30m542.68m1.24k7.381.497.100.37612.562.5648.4512.680.6179----1,159,994.003.271.24--------5.292.27--49.210.218393.8613.8211.05400.05-10.61-21.05-3.38
American Coastal Insurance Corp269.43m75.43m548.11m71.006.972.696.372.031.641.445.904.270.2134----3,794,747.005.98-0.6897--------28.00-3.52--15.480.4217--6.21-16.92306.05209.38-45.48--
Ambac Financial Group, Inc.302.00m62.00m624.56m178.0010.490.45746.442.071.321.326.5530.190.0363----1,696,629.000.7088-0.2418--------19.54-9.66--2.140.7054---4.98-12.17-98.48-46.68----
International General Insuranc Hldgs Ltd508.77m116.50m644.12m401.005.181.16--1.272.692.6911.7512.020.2906----1,268,741.006.994.56--------24.0417.18--8.470.0011.4424.5420.5831.5034.0823.16--
Tiptree Inc1.77bn23.89m655.51m1.50k28.121.548.570.37130.63370.633746.8311.550.3718--5.091,173,954.001.110.46042.210.875163.5861.222.991.29----0.404121.2417.9821.38267.40--30.218.18
ProAssurance Corporation1.14bn-27.80m710.09m1.09k--0.6379--0.6232-0.541-0.54121.9321.820.1999----1,041,565.00-0.4879-0.263---------2.44-1.34--13.870.2776--2.725.25-9,502.99------
Bowhead Specialty Holdings Inc315.02m27.06m777.71m216.0029.553.9726.112.470.85820.85829.996.38------1,632,249.00------------8.59----1,423.560.00--51.06--122.52------
Amerisafe, Inc.304.27m61.69m831.80m350.0013.542.7613.182.733.213.2115.8315.740.2404----869,340.004.875.18--------20.2822.49----0.00129.340.9233-4.1511.70-2.81-13.269.10
Data as of Jun 07 2024. Currency figures normalised to Ambac Financial Group Inc's reporting currency: US Dollar USD

Institutional shareholders

49.15%Per cent of shares held by top holders
HolderShares% Held
BlackRock Fund Advisorsas of 31 Mar 20246.25m13.81%
The Vanguard Group, Inc.as of 31 Mar 20244.76m10.53%
Dimensional Fund Advisors LPas of 31 Mar 20242.87m6.34%
Fidelity Management & Research Co. LLCas of 31 Mar 20242.05m4.53%
SSgA Funds Management, Inc.as of 31 Mar 20241.65m3.64%
Invesco Capital Management LLCas of 31 Mar 20241.09m2.41%
Repertoire Partners LPas of 31 Mar 20241.00m2.22%
Geode Capital Management LLCas of 31 Mar 2024967.15k2.14%
Bracebridge Capital LLCas of 31 Mar 2024799.23k1.77%
Susquehanna Financial Group LLLPas of 31 Mar 2024797.11k1.76%
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Data from 31 Mar 2024 - 31 Mar 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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