Equities

Ambac Financial Group Inc

Ambac Financial Group Inc

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FinancialsNon-life Insurance
  • Price (USD)14.67
  • Today's Change-0.22 / -1.48%
  • Shares traded288.22k
  • 1 Year change-3.87%
  • Beta1.2578
Data delayed at least 15 minutes, as of May 03 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)260.00m
  • Net income in USD9.00m
  • 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 completed4.41%--
Data delayed at least 15 minutes, as of May 03 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)
James River Group Holdings Ltd812.01m50.71m332.16m649.006.540.6216.500.40911.35-3.1421.5018.050.1553----1,251,170.001.170.2227--------7.541.49--7.580.3245376.9422.75-1.7294.23-4.50---30.12
Investors Title Company231.74m21.69m346.65m545.0013.911.2013.431.5011.4611.46122.39133.030.6914----425,212.806.4712.19--------9.3614.69--4.880.001858.66-26.097.00-9.27-0.188937.652.83
Global Indemnity Group LLC528.13m24.99m438.29m266.0017.740.6798--0.82991.821.8238.4147.830.2992----1,985,447.001.441.07--------4.813.37----0.0070.57-19.341.132,037.13----0.00
Hippo Holdings Inc209.70m-273.00m445.88m516.00--1.17--2.13-11.62-11.628.8915.650.1356----406,395.30-17.00-----------125.37------0.00--75.19--18.09------
Donegal Group Inc943.73m5.18m448.30m861.0098.960.931347.960.4750.13690.136927.6114.550.4127----1,096,090.000.22641.20--------0.54863.05--261.730.067375.339.333.81325.86---15.793.53
American Coastal Insurance Corp286.54m82.20m493.77m71.005.552.865.321.721.867.096.463.610.147----4,035,817.004.22-0.6897--------28.69-3.52--17.120.4684--6.21-16.92306.05209.38-45.48--
Universal Insurance Holdings, Inc.1.44bn76.30m569.72m1.24k7.751.567.450.39482.562.5648.4512.680.6179----1,159,994.003.271.24--------5.292.27--49.210.218393.8613.8211.05400.05-10.61-21.05-3.38
United Fire Group Inc1.10bn-29.70m572.48m852.00--0.7797--0.5226-1.18-1.1843.1329.040.3636----1,285,759.00-0.9857-0.3378---------2.71-0.9336--63.970.0638--11.750.4684-297.59---19.92-11.96
Tiptree Inc1.77bn23.89m612.41m1.50k26.271.448.000.34690.63370.633746.8311.550.3718--5.091,173,954.001.110.46042.210.875163.5861.222.991.29----0.404121.2417.9821.38267.40--30.218.18
International General Insuranc Hldgs Ltd495.97m110.80m621.08m401.005.281.11--1.252.562.5611.4512.140.2902----1,236,821.006.924.56--------23.8517.18--11.770.0011.4424.5420.5831.5034.0823.16--
Ambac Financial Group, Inc.260.00m9.00m663.45m178.0091.530.48717.932.550.16030.16035.6630.120.0317----1,460,674.000.061-0.2418--------1.92-9.66--1.260.7083---4.98-12.17-98.48-46.68----
ProAssurance Corporation1.13bn-38.60m747.77m1.09k--0.6339--0.6597-0.7458-0.745821.5221.820.2001----1,036,136.00-0.6813-0.263---------3.41-1.34--10.110.2775--2.725.25-9,502.99------
Trupanion Inc1.11bn-44.69m833.60m1.14k--2.74--0.7519-1.08-1.0826.757.261.52--4.43970,757.40-6.15-5.33-10.89-8.6911.8214.02-4.03-3.68---3.290.298--22.4729.54-0.047---20.33--
Amerisafe, Inc.304.27m61.69m901.64m350.0014.682.9914.292.963.213.2115.8315.740.2404----869,340.004.875.18--------20.2822.49----0.00129.340.9233-4.1511.70-2.81-13.269.10
Data as of May 03 2024. Currency figures normalised to Ambac Financial Group Inc's reporting currency: US Dollar USD

Institutional shareholders

48.08%Per cent of shares held by top holders
HolderShares% Held
BlackRock Fund Advisorsas of 31 Dec 20236.39m14.13%
The Vanguard Group, Inc.as of 31 Dec 20234.76m10.54%
Dimensional Fund Advisors LPas of 31 Dec 20232.60m5.76%
Fidelity Management & Research Co. LLCas of 31 Dec 20232.08m4.59%
SSgA Funds Management, Inc.as of 31 Dec 20231.63m3.60%
Invesco Capital Management LLCas of 31 Dec 20231.03m2.27%
Geode Capital Management LLCas of 31 Dec 2023946.18k2.09%
Boussard & Gavaudan Investment Management LLPas of 31 Dec 2023853.53k1.89%
Bracebridge Capital LLCas of 31 Dec 2023799.23k1.77%
Charles Schwab Investment Management, Inc.as of 31 Dec 2023649.58k1.44%
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Data from 31 Dec 2023 - 31 Dec 2023Source: FactSet Research Systems Inc.
Data Provided by LSEG
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