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Abacus Global Management

ABXL · NYSE

$25.44+$0.005 (+0.02%)TodayMarket closed ·
Prev close $25.43

About ABXL

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

ABXL key statistics

Market cap
832.21M
Price-earnings ratio
0.00
Dividend yield
2.40%
Average volume
12.23K
Volume
1.58K
Open price
$25.47
High today
$25.48
Low today
$25.44
52 Week high
$26.48
52 Week low
$24.92

Abacus Global Management (ABXL) at a glance

Abacus Global Management (ABXL) last traded at $25.44, with a market cap of 832.21M, a price-to-earnings ratio of 0.00 and a dividend yield of 2.40%.

Today the stock has traded between $25.44 and $25.48. The current price is 0.0% above the day's low and 0.2% below its high.

Volume so far is 1.58K shares, below the average of 12.23K shares a day.

Over the past year Abacus Global Management has ranged from $24.92 to $26.48, and now sits 33% 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.

ABXL 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

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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.