Open an account

Abacus Global Management

ABX · NYSE

$8.39+$0.54 (+6.88%)TodayMarket closed ·
Prev close $7.85

About ABX

Abacus Global Management, Inc. is a pioneering alternative asset manager specializing in uncorrelated financial products that leverage proprietary longevity data and actuarial technology. The company is headquartered in Orlando, Florida and currently employs 326 full-time employees. The company went IPO on 2020-07-23. The Company’s segments include Asset Management, Life Solutions and Technology Services. The Asset Management segment provides asset management services to primarily institutional investors alongside private clients investing in uncorrelated and longevity-based assets, fixed-income replacement strategies and free cash flow based investment solutions. The company also provides policy servicing activities to customers on a contract basis. The Life Solutions segment is engaged in buying, selling, and trading policies, and maintaining policies until receipt of death benefits. The Technology Services segment provides real-time mortality verification, missing participant verification, and other services specific to the life insurance market services to customers on a contract basis.

Employees
326
Headquarters
Orlando, Florida
Listed
Jul 23, 2020
Sector
Financials
Industry
Insurance
Website
abacusgm.com

ABX key statistics

Market cap
820.48M
Price-earnings ratio
29.07
Dividend yield
2.44%
Average volume
672.03K
Volume
899.72K
Open price
$7.90
High today
$8.43
Low today
$7.83
52 Week high
$12.44
52 Week low
$5.00

Abacus Global Management (ABX) at a glance

Abacus Global Management (ABX) last traded at $8.39, with a market cap of 820.48M, a price-to-earnings ratio of 29.07 and a dividend yield of 2.44%.

Today the stock has traded between $7.83 and $8.43. The current price is 7.2% above the day's low and 0.5% below its high.

Volume so far is 899.72K shares, above the average of 672.03K shares a day.

Over the past year Abacus Global Management has ranged from $5.00 to $12.44, and now sits 46% of the way up that range.

Abacus Global Management met or beat analyst EPS estimates in 7 of the last 8 quarters. In Q2 FY26 it reported $0.28 per share against an estimate of $0.2418.

The average analyst price target is $14.64, 74.5% above the current price, from 1 recent ratings.

Analyst ratings

Latest rating from each analyst over the past 12 months

0%of 1 analyst rating say Buy
  • Buy0.0%
  • Hold100.0%
  • Sell0.0%
Price target · 8 analystsAvg $14.64
Low
$12.12
Now
$8.39
High
$16.80

ABX earnings

Earnings per share, reported against the analyst estimate

Beat the estimate in 7 of the last 8 quarters, by 21.2% on average.

  1. Q3 FY24: reported $0.20 per share against an estimate of $0.1366
  2. Q4 FY24: reported $0.16 per share against an estimate of $0.1399
  3. Q1 FY25: reported $0.18 per share against an estimate of $0.1596
  4. Q2 FY25: reported $0.22 per share against an estimate of $0.1656
  5. Q3 FY25: reported $0.20 per share against an estimate of $0.1858
  6. Q4 FY25: reported $0.23 per share against an estimate of $0.1939
  7. Q1 FY26: reported $0.21 per share against an estimate of $0.2101
  8. Q2 FY26: reported $0.28 per share against an estimate of $0.2418

ABX news

  • Press releaseBusiness Wire

    Abacus Global Management to Announce Third Quarter 2026 Financial Results on Thursday, November 5, 2026

  • Press releaseBusiness Wire

    Abacus Global Management and Retirable Announce Partnership, Integrating Abacus LifeARC™ into Retirable Platform

  • Press releaseBusiness Wire

    Abacus Global Management to Participate in Virtual Fireside Chat Hosted by Autonomous Research

  • Press releaseBusiness Wire

    Abacus Founders Elect to Retain Substantial Ownership, Terminate 10b5-1 Trading Plans

  • Press releaseBusiness Wire

    Abacus Global Management Completes Landmark $400 Million Securitization

  • Press releaseBusiness Wire

    Abacus Global Management to Participate in the Barclays 24th Annual Global Financial Services Conference

  • Press releaseBusiness Wire

    Abacus Global Management Publishes CIO Analysis on Discount Rate Trends and Updated Valuation Methodology

  • Press releaseBusiness Wire

    Citing Continued Pattern of Misleading and Defamatory Statements, Abacus Moves to Amend Complaint and Seek Increased Damages Against Coventry and its Chairman, Alan Buerger

Similar companies

Companies in the same industry as Abacus Global Management

Most active stocks

Highest trading volume today

Newly listed

Companies that went public in the past six weeks

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.