DOWLING & PARTN Has Negative Outlook for OSG FY2026 Earnings

Octave Specialty Group, Inc. (NYSE:OSG) – Equities research analysts at DOWLING & PARTN reduced their FY2026 earnings per share (EPS) estimates for shares of Octave Specialty Group in a report issued on Friday, August 7th. DOWLING & PARTN analyst D. Lukpanov now forecasts that the company will earn $0.25 per share for the year, down from their prior forecast of $0.50. The consensus estimate for Octave Specialty Group’s current full-year earnings is $0.45 per share. DOWLING & PARTN also issued estimates for Octave Specialty Group’s FY2027 earnings at $0.50 EPS and FY2028 earnings at $0.85 EPS.

Octave Specialty Group (NYSE:OSG) last posted its quarterly earnings data on Thursday, August 6th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.03). Octave Specialty Group had a negative net margin of 51.10% and a positive return on equity of 0.44%. The firm had revenue of $83.00 million for the quarter, compared to analysts’ expectations of $22.79 million.

A number of other brokerages have also commented on OSG. Zacks Research lowered shares of Octave Specialty Group from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Weiss Ratings cut Octave Specialty Group from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Thursday, August 6th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Octave Specialty Group has an average rating of “Hold” and a consensus target price of $15.00.

Octave Specialty Group Price Performance

Shares of OSG stock opened at $4.55 on Wednesday. The firm has a fifty day simple moving average of $5.80 and a 200-day simple moving average of $5.46. The company has a market capitalization of $205.21 million, a PE ratio of -1.25 and a beta of 0.85. Octave Specialty Group has a twelve month low of $3.88 and a twelve month high of $10.38. The company has a current ratio of 1.03, a quick ratio of 1.05 and a debt-to-equity ratio of 0.19.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp bought a new stake in shares of Octave Specialty Group in the 2nd quarter worth about $842,000. Versant Capital Management Inc acquired a new position in Octave Specialty Group in the second quarter worth about $52,000. Parallel Advisors LLC increased its holdings in Octave Specialty Group by 4,186.8% in the first quarter. Parallel Advisors LLC now owns 6,473 shares of the company’s stock valued at $30,000 after buying an additional 6,322 shares during the last quarter. Lazard Asset Management LLC acquired a new stake in Octave Specialty Group during the first quarter valued at approximately $136,000. Finally, RIHO Partners LLC bought a new position in Octave Specialty Group during the 1st quarter worth approximately $2,542,000. 80.92% of the stock is owned by institutional investors and hedge funds.

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.