Abacus Life Inc.

$5.80
(as of Jun 6, 9:30 AM EST)

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Ticker Information for Abacus Life Inc.

Stock Price
$5.80
Ticker Symbol
ABL
Exchange
NASDAQ

Industry Information for Abacus Life Inc.

Sector
Financial Services
Industry
Insurance - Life

Company Description for Abacus Life Inc.

Country
USA
Full Time Employees
157

Abacus Global Management, Inc. operates as an alternative asset manager and market maker in the United States. It operates in five segments: Active Management, Originations, Asset Management, Portfolio Servicing, and Technology Services. The Active Management segment is involved in the buying, selling, and trading of policies; and the maintenance of policies until receipt of death benefits. Its Originations segment originates life insurance policy settlements between investors or buyers, and the sellers, who are often the original policy owners. The Asset Management segment provides asset management services to investors investing in alternative investment and equity portfolio funds based on fund investment agreements. Its Portfolio Servicing segment offers policy services to customers on a contract basis. 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. It sells its products through financial advisors or agents, direct-to-consumer, and traditional life settlements intermediaries. The company was formerly known as Abacus Life, Inc. and changed its name to Abacus Global Management, Inc. in February 2025. Abacus Global Management, Inc. was founded in 2004 and is headquartered in Orlando, Florida.

Fundamentals for Abacus Life Inc.

Market Capitalization
$574,828,800
EBITDA
$34,825,524
Dividends per Share
P/E Ratio
Forward P/E Ratio
10.57
Earnings per Share
$-0.27
Earnings per Share Estimate Next Year
Profit Margin
-13.35%
Shares Outstanding
95,804,800
Percent Owned by Insiders
63.31%
Percent Owned by Institutions
28.63%
52-Week High
52-Week Low

Technical Indicators for Abacus Life Inc.

50-Day Moving Average
200-Day Moving Average
RSI
15.04
0.51

Analyst Ratings for Abacus Life Inc.

Strong Buy
3
Buy
2
Hold
0
Sell
0
Strong Sell
0

News About Abacus Life Inc.

Jun 5, 2025, 9:00 PM EST
NEW YORK, June 05, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Abacus Global Management, Inc. See more.
Jun 5, 2025, 4:45 PM EST
Investors can contact the law firm at no cost to learn more about recovering their losses See more.
Jun 4, 2025, 4:55 PM EST
ATLANTA, June 04, 2025 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether Abacus Global Management, Inc. See more.
Jun 4, 2025, 4:29 PM EST
NEW YORK, June 04, 2025 (GLOBE NEWSWIRE) -- Wolf Popper LLP is investigating potential claims on behalf of purchasers of Abacus Global Management, Inc. See more.