ABL

Abacus Life Inc

ABL
Open
$8.20
Open
-$0.04(-0.42%)

Today

About

Abacus Global Management, Inc. is an integrated alternative asset manager, which engages in the business of investing in force life insurance products. The company is headquartered in Orlando, Florida and currently employs 157 full-time employees. The company went IPO on 2020-07-23. The company is specialized in alternative asset management, data-driven wealth solutions, technology innovations, and institutional services. Its divisions include Abacus Life Solutions, Abacus Asset Group, ABL Wealth, and ABL Tech. The Abacus Life Solutions division is specialized in helping consumers achieve financial security through retirement products while serving as a solutions' provider to institutions. The Abacus Asset Group division primarily serves institutional investors alongside select private clients, providing excess returns across the risk-reward spectrum. Its ABL Wealth helps financial advisors create customized plans based on clients' health, longevity, and overall financial wellbeing. The ABL Tech division has developed platforms that conduct real-time mortality verification, locate missing participants, and service the secondary life insurance market.
Country

US

CEO

Mr. Jay Jackson

IPO date

2020

Employees

102

ISIN

US00258Y1047

Key stats

Open

$7.85

Volume

431.24K

Market cap

$798.07M

Prev. close

$8.24

Impl / hst vl

-

Open interest

$0.00

$0.00

Day’s Range

$0.00

$6.34

52W Range

$12.40

Valuation

56
Valuation score
Fairly Valued
P/E
-
P/S
6.57
P/B
1.73
Current ratio
2.55
Debt / Equity
0.59
ROE
-8.68%
Gross margin
88.80%
Income growth
256.23%
FCF growth
75.32

Analysts estimates

Consensus rating
Buy

The average rating from top 8 analysts indicates that stock is expected to perform in line with the market

Str. Sell
Sell
Hold
Buy
Str. Buy
Avg. price target
$13.77
The top 5 analysts forecasts that 12-month price may increase by 67.93%, with a low of $11.62 and a high of $15.75
$11.62
Low
$13.77
Avg
$15.75
High
Current price

Earnings

Q4 ‘24 revenue
$33.21M
Q4 ‘24 net income
-$18.26M
Revenue
Net income
Previous EPS
-
Estimate EPS
$0.20
Actual EPS
Estimate EPS