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NASDAQ:ABL

Abacus Life (ABL) Stock Price, News & Analysis

$11.41
+1.36 (+13.53%)
(As of 05/31/2024 ET)
Today's Range
$10.03
$11.89
50-Day Range
$10.05
$12.21
52-Week Range
$5.47
$13.25
Volume
28,193 shs
Average Volume
24,176 shs
Market Capitalization
$729.38 million
P/E Ratio
570.79
Dividend Yield
N/A
Price Target
$16.00

Abacus Life MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
40.2% Upside
$16.00 Price Target
Short Interest
Bearish
17.64% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.41mentions of Abacus Life in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.95 out of 5 stars

Finance Sector

811th out of 883 stocks

Investment Advice Industry

47th out of 49 stocks

ABL stock logo

About Abacus Life Stock (NASDAQ:ABL)

Abacus Life, Inc. operates as an alternative asset manager specializing in life insurance products. It purchases life insurance policies from consumers seeking liquidity and manages policies over time via trading, holding, and/or servicing. The company was founded in 2004 and is based in Orlando, Florida.

ABL Stock Price History

ABL Stock News Headlines

Abacus Life (NASDAQ:ABL) Research Coverage Started at B. Riley
Head to Head Survey: Abacus Life (ABL) vs. The Competition
Head to Head Comparison: Abacus Life (ABL) vs. The Competition
Abacus Life (NASDAQ:ABL) Trading 7.7% Higher
Reviewing Abacus Life (ABL) & Its Competitors
Video Highlights from 2023 CorpGov Palm Beach Forum
Abacus Life Reports First Quarter 2024 Earnings
Abacus Life Reports First Quarter 2024 Results
Abacus Life Inc (ABL)
Abacus Life, Inc. (ABL)
Abacus Life: Leader In Life Settlement Space
Abacus Life Reports Full Year 2023 Earnings
See More Headlines
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Company Calendar

Last Earnings
3/21/2024
Today
6/01/2024
Next Earnings (Estimated)
8/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Investment advice
Sub-Industry
N/A
Current Symbol
NASDAQ:ABL
Fax
N/A
Employees
102
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$16.00
High Stock Price Target
$16.00
Low Stock Price Target
$16.00
Potential Upside/Downside
+40.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$9.52 million
Pretax Margin
4.42%

Debt

Sales & Book Value

Annual Sales
$79.59 million
Cash Flow
$0.40 per share
Book Value
$2.59 per share

Miscellaneous

Free Float
33,867,000
Market Cap
$729.33 million
Optionable
Not Optionable
Beta
0.19
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Key Executives

  • Mr. Jay Jackson (Age 51)
    CEO, President & Chairman
    Comp: $310.18k
  • Mr. Todd McNealy (Age 57)
    Co-Founder, President, Managing Partner & Director
    Comp: $282.98k
  • Mr. William Hugh McCauley Jr. (Age 52)
    Chief Financial Officer
    Comp: $581.17k
  • Mr. Matthew A. Ganovsky (Age 58)
    Co-Founder, President & Managing Partner
    Comp: $210k
  • Mr. Kevin Scott Kirby (Age 56)
    Co-Founder, President & Managing Partner
    Comp: $210k
  • Krissy Lubrano
    Managing Director of Operations & HR
  • Mr. Christopher David Romaine (Age 52)
    General Counsel
  • Jeff Smith
    Vice President of Marketing
  • Stuart Little
    Managing Director of Sales
  • Nick Sawuk
    Managing Director

ABL Stock Analysis - Frequently Asked Questions

Should I buy or sell Abacus Life stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Abacus Life in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ABL shares.
View ABL analyst ratings
or view top-rated stocks.

What is Abacus Life's stock price target for 2024?

1 Wall Street research analysts have issued 12-month price targets for Abacus Life's stock. Their ABL share price targets range from $16.00 to $16.00. On average, they expect the company's stock price to reach $16.00 in the next year. This suggests a possible upside of 40.2% from the stock's current price.
View analysts price targets for ABL
or view top-rated stocks among Wall Street analysts.

How have ABL shares performed in 2024?

Abacus Life's stock was trading at $9.66 at the beginning of the year. Since then, ABL stock has increased by 18.1% and is now trading at $11.41.
View the best growth stocks for 2024 here
.

Are investors shorting Abacus Life?

Abacus Life saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 322,900 shares, an increase of 5.8% from the April 30th total of 305,200 shares. Based on an average trading volume of 27,300 shares, the days-to-cover ratio is currently 11.8 days. Currently, 17.6% of the shares of the stock are sold short.
View Abacus Life's Short Interest
.

When is Abacus Life's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 12th 2024.
View our ABL earnings forecast
.

How were Abacus Life's earnings last quarter?

Abacus Life, Inc. (NASDAQ:ABL) announced its quarterly earnings data on Thursday, March, 21st. The company reported ($0.10) EPS for the quarter. The business earned $23.65 million during the quarter. Abacus Life had a net margin of 0.11% and a trailing twelve-month return on equity of 4.96%.

Who are Abacus Life's major shareholders?

Abacus Life's stock is owned by a number of institutional and retail investors. Top institutional investors include Inscription Capital LLC (0.02%). Insiders that own company stock include Adam Samuel Gusky, Mary Beth Schulte and Sean Mcnealy.
View institutional ownership trends
.

How do I buy shares of Abacus Life?

Shares of ABL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ABL) was last updated on 6/2/2024 by MarketBeat.com Staff

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