Logo image of ABL

ABACUS LIFE INC (ABL) Stock Price, Quote, News and Overview

NASDAQ:ABL - Nasdaq - US00258Y1047 - Common Stock - Currency: USD

7.69  -0.1 (-1.28%)

ABL Quote, Performance and Key Statistics

ABACUS LIFE INC

NASDAQ:ABL (2/5/2025, 12:40:23 PM)

7.69

-0.1 (-1.28%)

Sector
GICS SectorFinancials
GICS IndustryInsurance
GICS IndustryGroupInsurance
GICS SubIndustryInsurance Brokers
Statistics
52 Week High12.65
52 Week Low6.75
Market Cap722.01M
Shares93.89M
Float31.78M
Yearly DividendN/A
Dividend YieldN/A
PE19.72
Fwd PE10.22
Earnings (Next)N/A N/A
IPO07-23 2020-07-23


ABL short term performance overview.The bars show the price performance of ABL in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 -10 -20

ABL long term performance overview.The bars show the price performance of ABL in the last 1, 2 and 3 years. 1 year 2 years 3 years -10 -20 -30

The current stock price of ABL is 7.69 USD. In the past month the price decreased by -1.39%. In the past year, price decreased by -32.61%.

ABACUS LIFE INC / ABL Daily stock chart

ABL Latest News, Press Releases and Analysis

News Image
2 months ago - Abacus Life Settlements

Abacus Life Closes $150 Million Debt Financing Facility to Support Continued Growth

ORLANDO, Fla., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering global alternative asset...

News Image
2 months ago - Abacus Life Settlements

Abacus Life Completes Acquisition of FCF Advisors

News Image
2 months ago - Abacus Life Settlements

Abacus Life Completes Acquisition of FCF Advisors

ORLANDO, Fla., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering global alternative asset...

ABL Competitors/Peers

The largest stocks on the US markets in the "Insurance Brokers" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
MMC MARSH & MCLENNAN COS 25.43 109.89B
AON AON PLC-CLASS A 24.23 82.44B
AJG ARTHUR J GALLAGHER & CO 31 78.52B
WTW WILLIS TOWERS WATSON PLC 19.13 32.56B
BRO BROWN & BROWN INC 27.63 30.34B
RYAN RYAN SPECIALTY HOLDINGS INC 40.21 17.79B
BWIN BALDWIN INSURANCE GROUP INC/ 30.17 4.86B
GSHD GOOSEHEAD INSURANCE INC -A 71.55 3.96B
HGTY HAGERTY INC-A 41.25 3.38B
ABLLL ABACUS LIFE INC - ABL 9 7/8 11/15/28 69.64 2.55B
SLQT SELECTQUOTE INC N/A 770.89M
HIPO HIPPO HOLDINGS INC N/A 740.79M

About ABL

Company Profile

ABL logo image Abacus Life, Inc. is an integrated alternative asset manager, which engages in the business of investing in inforce life insurance products. The company is headquartered in Orlando, Florida and currently employs 102 full-time employees. The company went IPO on 2020-07-23. The Company’s Portfolio Servicing segment provides policy services to customers on a contract basis. Its Active Management segment buys, sells and trades policies and maintains policies until receipt of death benefits. Its Originations segment originates life insurance policy settlements between investors or buyers, and the sellers, who is often the original policy owner. The policies are purchased from owners or other providers through advisors, brokers or directly through the owner. The company originates policies through three primary origination channels (Agents/Financial Advisors, Direct-to-Consumers, Life Settlement Brokers) and Third-Party Intermediaries, screens them for eligibility by verifying that the policy is in force, obtaining consents and disclosures, and submitting cases for life expectancy estimates.

Company Info

ABACUS LIFE INC

2101 Park Center Drive, Suite 200

Orlando FLORIDA US

Employees: 102

Company Website: https://eastresources.com/

Investor Relations: https://ir.abacuslifesettlements.com/

Phone: 18005614148

ABL FAQ

What is the stock price of ABL?

The current stock price of ABL is 7.69 USD.


What is the symbol for ABACUS LIFE INC stock?

The exchange symbol of ABACUS LIFE INC is ABL and it is listed on the Nasdaq exchange.


On which exchange is ABL stock listed?

ABL stock is listed on the Nasdaq exchange.


Is ABL a good stock to buy?

Always make your own analysis. On these pages you can find a full technical and fundamental analysis report for ABL, which may be a starting point for your analysis. You can also find the financials, news, analyst ratings and estimates here, which can be used to increase your understanding of ABL.


Does ABL stock pay dividends?

ABL does not pay a dividend.


What is the Price/Earnings (PE) ratio of ABL?

The PE ratio for ABL is 19.72. This is based on the reported non-GAAP earnings per share of 0.39 and the current share price of 7.69 USD.


What is the Short Interest ratio of ABL stock?

The outstanding short interest for ABL is 2.16% of its float.


ABL Technical Analysis


Chartmill TA Rating
Chartmill Setup Rating

ABL Fundamental Analysis

ChartMill assigns a fundamental rating of 3 / 10 to ABL. While ABL seems to be doing ok healthwise, there are quite some concerns on its profitability.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

ABL Financial Highlights

Over the last trailing twelve months ABL reported a non-GAAP Earnings per Share(EPS) of 0.39. The EPS decreased by -123.45% compared to the year before.


Industry RankSector Rank
PM (TTM) N/A
ROA -2.5%
ROE -4.62%
Debt/Equity 0.65
Chartmill High Growth Momentum
EPS Q2Q%1900%
Sales Q2Q%33.28%
EPS 1Y (TTM)-123.45%
Revenue 1Y (TTM)17.06%

ABL Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 80% to ABL. The Buy consensus is the average rating of analysts ratings from 8 analysts.

For the next year, analysts expect an EPS growth of 281.8% and a revenue growth 64.51% for ABL


Ownership
Inst Owners15.94%
Ins Owners67.65%
Short Float %2.16%
Short Ratio2.37
Analysts
Analysts80
Price Target14.15 (84.01%)
EPS Next Y281.8%
Revenue Next Year64.51%