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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.
NEW YORK--(BUSINESS WIRE)--Ambac to Release First Quarter 2025 Earnings on May 12, 2025.
NEW YORK--(BUSINESS WIRE)--Ambac Financial Group Provides Update on the Sale of its Legacy Financial Guarantee Business.
NEW YORK--(BUSINESS WIRE)--Ambac Announces Meeting and Record Date for 2025 Annual Meeting of Stockholders.
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. (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.
CHARLOTTE, N.C.--(BUSINESS WIRE)--Beat Capital Partners launches proRISE Insurance Services.
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.
AMBC, BZH and PMTS have been added to the Zacks Rank #5 (Strong Sell) List on September 4, 2024.
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Ambac Financial Group, Inc.'s (NYSE: AMBC) legacy financial guarantee businesses to funds managed by Oaktree Capital Management, L.P. for $420 million in cash is fair to Ambac shareholders. Halper Sadeh encourages Ambac shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zh.