FY2026 Earnings Estimate for OSG Issued By DOWLING & PARTN

Octave Specialty Group, Inc. (NYSE:OSGFree Report) – Equities researchers at DOWLING & PARTN issued their FY2026 earnings estimates for shares of Octave Specialty Group in a research note issued on Wednesday, May 20th. DOWLING & PARTN analyst D. Lukpanov anticipates that the company will earn $0.50 per share 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.

Several other research analysts also recently commented on OSG. Weiss Ratings upgraded Octave Specialty Group from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, May 22nd. Zacks Research upgraded Octave Specialty Group from a “hold” rating to a “strong-buy” rating in a report on Monday, May 11th. Finally, Wall Street Zen upgraded Octave Specialty Group from a “strong sell” rating to a “hold” rating in a report on Saturday, February 28th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Octave Specialty Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $15.00.

Get Our Latest Stock Report on Octave Specialty Group

Octave Specialty Group Trading Down 3.2%

OSG opened at $5.37 on Thursday. The stock’s fifty day moving average is $4.90 and its two-hundred day moving average is $5.84. The company has a market capitalization of $241.48 million, a P/E ratio of -1.10 and a beta of 0.79. Octave Specialty Group has a 52 week low of $3.88 and a 52 week high of $10.38. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.14.

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

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Parallel Advisors LLC increased its holdings in shares of Octave Specialty Group by 4,186.8% in the 1st quarter. Parallel Advisors LLC now owns 6,473 shares of the company’s stock valued at $30,000 after acquiring an additional 6,322 shares during the period. Federated Hermes Inc. purchased a new position in shares of Octave Specialty Group in the 4th quarter valued at $34,000. Russell Investments Group Ltd. increased its holdings in shares of Octave Specialty Group by 613.5% in the 3rd quarter. Russell Investments Group Ltd. now owns 4,916 shares of the company’s stock valued at $41,000 after acquiring an additional 4,227 shares during the period. CWM LLC purchased a new position in shares of Octave Specialty Group in the 4th quarter valued at $44,000. Finally, Aire Advisors LLC purchased a new position in shares of Octave Specialty Group in the 1st quarter valued at $63,000. 80.92% of the stock is currently owned by hedge funds and other institutional investors.

About Octave Specialty Group

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Octave Specialty Group (NYSE:OSG)

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