Reading the tape
NYSE: OSG
Octave Specialty Group, Inc.
Financial Services · Insurance - Specialty
Market Cap
$197.16M
52w High
$10.38
52w Low
$3.88
P/E
-0.78
Volume
337.27K
Outstanding Shares
45.01M
Price vs Fundamentals
Why The Stock Is Moving
Likely multiple compressionModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: -45.32%Revenue (TTM): 194.14%FCF (TTM): -115.73%P/E: 0th pct
What changed
The stock fell 45.32% over the last year. Revenue grew 194.14% over the trailing twelve months. Operating margin moved from -116.61% to -40.21%. Free cash flow declined 115.73% over the trailing twelve months.
What the market seems to be pricing
Visible fundamentals weakened far less than the stock price, and the shares now sit around the 0th percentile of their historical P/E range. That looks more like a rerating of the multiple than a collapse in the business.
What would invalidate this read
This read changes if operating margin (currently -40.21%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.
Company profile
Octave Specialty Group, Inc. operates as a financial services holding company.
CEOClaude LeBlanc
SectorFinancial Services
IndustryInsurance - Specialty
Employees380
IPO dateMay 1, 2013
Valuation
Forward P/E—
EV/EBITDA-10.54
Enterprise value$426.04M
Price / Book0.28
Stock splits
Dec 13, 2000↑ Forward
Every 2 shares became 3
Sep 11, 1997↑ Forward
Every 1 shares became 2
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Revenue growth-178.54%
Gross margin81.21%▲94.14%vs FY2024
Operating margin-40.21%▼58.44%vs FY2024
ROE-33.66%▲48.17%vs FY2024
Analyst consensus
RatingHold
Target price$14.00▲219.63%
5
Buy
6
Hold
2
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 6, 2026
Q2 FY26 · EPS est $0.02 · Revenue est $17.77M
View