FY2026 Earnings Estimate for OSG Issued By DOWLING & PARTN

Octave Specialty Group, Inc. (NYSE:OSG) – Research analysts at DOWLING & PARTN issued their FY2026 earnings per share (EPS) estimates for shares of Octave Specialty Group in a report released on Wednesday, May 20th. DOWLING & PARTN analyst D. Lukpanov forecasts that the company will post earnings per share of $0.50 for the year. The consensus estimate for Octave Specialty Group’s current full-year earnings is $0.40 per share. DOWLING & PARTN also issued estimates for Octave Specialty Group’s FY2027 earnings at $0.65 EPS.

Octave Specialty Group (NYSE:OSG) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.35. Octave Specialty Group had a negative return on equity of 0.55% and a negative net margin of 75.91%.The business had revenue of $104.17 million for the quarter, compared to the consensus estimate of $17.77 million.

A number of other analysts have also recently weighed in on the company. Weiss Ratings raised Octave Specialty Group from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Friday, May 22nd. Zacks Research raised Octave Specialty Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 11th. Finally, Wall Street Zen raised Octave Specialty Group from a “strong sell” rating to a “hold” rating in a research report on Saturday, February 28th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Octave Specialty Group presently has an average rating of “Moderate Buy” and an average price target of $15.00.

Octave Specialty Group Trading Down 3.2%

Shares of NYSE:OSG opened at $5.37 on Thursday. Octave Specialty Group has a 12-month low of $3.88 and a 12-month high of $10.38. The business’s fifty day simple moving average is $4.90 and its 200-day simple moving average is $5.84. The company has a market capitalization of $241.48 million, a PE ratio of -1.10 and a beta of 0.79. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.14.

Institutional Trading of Octave Specialty Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Western Standard LLC acquired a new stake in Octave Specialty Group during the 3rd quarter worth about $22,029,000. Continental General Insurance Co. lifted its position in Octave Specialty Group by 69.8% during the 3rd quarter. Continental General Insurance Co. now owns 2,068,349 shares of the company’s stock worth $17,250,000 after acquiring an additional 850,000 shares during the period. Wolf Hill Capital Management LP acquired a new stake in Octave Specialty Group during the 4th quarter worth about $14,696,000. Dimensional Fund Advisors LP acquired a new stake in Octave Specialty Group during the 4th quarter worth about $13,114,000. Finally, Gendell Jeffrey L acquired a new stake in Octave Specialty Group during the 4th quarter worth about $12,210,000. Institutional investors and hedge funds own 80.92% of the company’s stock.

Octave Specialty Group Company Profile

Ambac Financial Group, Inc (NYSE:AMBC) is a specialized financial services holding company headquartered in New York City. Through its principal subsidiary, Ambac Assurance Corporation, the company provides financial guarantee insurance and surety bonds designed to enhance the credit quality of public finance and structured finance transactions. Ambac’s offerings are tailored to municipal issuers, financial institutions and corporate borrowers, supporting infrastructure projects, energy and transportation initiatives, as well as asset-backed securities.

Ambac’s core business activities center on credit enhancement and risk-transfer solutions.