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OSGOctave Specialty Group, Inc.
$4.99$225M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
OSG logo

Octave Specialty Group, Inc.

OSG
NYSE
$4.99
At close - Nov 6, 4:00 PM EST - USD
Market Cap$225M
P/E-1.6x
52W High$10.38
Volume187.5K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2025Q3

Legacy Liabilities Obscure Ambac's Specialty Insurance Pivot

Ambac is currently navigating a complex structural transition from a legacy financial guarantee firm to a specialty MGA-focused insurance platform, a process currently hampered by significant earnings volatility and capital erosion.

GrowthMixed
ProfitabilityNegative
ValuationAttractive
TechnicalsNeutral
Explore valuation models
MARKET ACTION

OSG price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

7/12 Beats

EPS beat 7 of last 12 quarters

02

Valuation risk

-114% Peers

P/E is 114% below peer median

03

Market leadership

RS 12 · Lag

Laggard (Underperforming 88% of market)

04

Trend Check

N/A

Trend data unavailable

Next CatalystEstimated earnings · May 25

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
OSG-17.94%
S&P 500 (^GSPC)+7.63%
1-Year Return
OSG-25.06%
S&P 500 (^GSPC)+9.69%
3-Year Return
OSG-50.96%
S&P 500 (^GSPC)+68.76%
5-Year Return
OSG-64.99%
S&P 500 (^GSPC)+56.80%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
-1.6x
Forward P/E
92.0x
EV/EBITDA
N/A
FCF YieldCash Flow
N/A

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-1.6x
91.6x
0th· Low
EV/EBITDA
N/A
128.1x
N/A
Price/FCF
N/A
11.5x
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$251M+6.5% YoY
Net income FY25
-$241M+56.7% YoY
Free cash flow FY25
-$52M-6961.3% YoY
Operating margin FY25
-40.2%-14.8 pts YoY
ROIC (FY25)-6.2%
Avg ROIC 5Y-1.7%
ROE (TTM)-13.2%
Piotroski Score4 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate7/12 (58%)
Revenue Beat Rate6/12 (55%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q1 2026Latest
Feb 25, 2026
-$0.63-199.5%
vs -$0.21
$67M
vs —
Q4 2025
Nov 10, 2025
-$0.21+8.7%
vs -$0.23
$67M+17.3%
vs $57M
Q3 2025
Aug 7, 2025
-$0.22+8.3%
vs -$0.24
$55M-3.2%
vs $57M
Q2 2025
May 12, 2025
-$0.13-85.7%
vs -$0.07
$63M+90.2%
vs $33M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
04

Compare before deciding

Benchmark OSG against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Octave Specialty Group, Inc. (OSG)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
OSG logoOSGOctave Specialty Group, Inc.Current
$4.99$224.81M-1.606.53%-43.99%-13.19%—
MBI logoMBIMBIA Inc.
$4.62$235.32M-1.4490.48%-153.33%——
AGO logoAGOAssured Guaranty Ltd.
$73.45$3.25B9.98-3.19%36.84%5.83%1.87%
BAM logoBAMBrookfield Asset Management Ltd.
$52.95$84.55B153.1216.88%29.98%5.03%3.27%
RDN logoRDNRadian Group Inc.
$35.97$4.78B8.65-3.36%28.41%11.73%2.93%
ESNT logoESNTEssent Group Ltd.
$63.41$5.84B8.37-0.49%49.31%12%1.92%

Compare OSG vs Peers

Octave Specialty Group, Inc. (OSG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MBI

Most directly comparable listed peer for OSG.

Scale Benchmark

vs JPM

Larger-name benchmark to compare OSG against a more recognizable public peer.

Peer Set

Compare Top 5

vs MBI, AGO, BAM, RDN

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

OSG SEC Filings & Documents

Octave Specialty Group, Inc. (OSG) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 6, 2026·SEC

Material company update

May 29, 2026·SEC

Material company update

May 6, 2026·SEC

10-K Annual Reports

2
FY 2026

Mar 4, 2026·SEC

FY 2025

Mar 6, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 6, 2026·SEC

FY 2026

May 6, 2026·SEC

FY 2025

Nov 10, 2025·SEC

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OSG Frequently Asked Questions

Octave Specialty Group, Inc. (OSG) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Octave Specialty Group, Inc.'s revenue?

Octave Specialty Group, Inc. (OSG) reported $320.7M in revenue over the trailing twelve months. Revenue was $251.2M in fiscal year 2025. That is 45% less than the $452.9M of fiscal year 1996.

How fast is Octave Specialty Group, Inc. growing?

Octave Specialty Group, Inc. (OSG) grew revenue by 212.8% over the trailing twelve months, compared with the twelve months before.

Is OSG profitable?

No. Octave Specialty Group, Inc. (OSG) reported a net loss of $141.1M over the trailing twelve months.

Dividend & Returns
What is OSG's return on equity?

Octave Specialty Group, Inc. (OSG) had a return on equity (ROE) of -13.2% over the trailing twelve months. A negative ROE means the company lost money over the period.

What is Octave Specialty Group, Inc.'s free cash flow?

Octave Specialty Group, Inc. (OSG) had negative free cash flow of $62.1M over the trailing twelve months.

What if you invested $1,000 in OSG back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →