Abacus Life
ABL
Market cap $709M

9.50 USD

-0.04

0.42%

At close Oct 3, 4:00 PM EDT

1 day

-0.42%

5 days

-9.09%

1 month

-6.59%

3 months

6.26%

6 months

-19.83%

Year to date

-7.5%

1 year

37.09%

5 years

-12.44%

About: Abacus Life Inc is a vertically integrated alternative asset manager specializing in investing in life insurance products throughout the lifecycle of a life insurance policy.

Employees: 102

Financials Investment Advice

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

2,268% more capital invested

Capital invested by funds: $4.31M [Q1] → $102M (+$97.8M) [Q2]

1,000% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 3

200% more funds holding

Funds holding: 15 [Q1] → 45 (+30) [Q2]

15.07% more ownership

Funds ownership: 0.56% [Q1] → 15.63% (+15.07%) [Q2]

0% more repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 4

See Fund Rankings

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$14

47%

upside

Avg. target

$15

58%

upside

High target

$16

68%

upside

2 analyst ratings

2 positive

100%

0 neutral

0%

0 negative

0%

B. Riley Securities Matt Howlett 30% 1-year accuracy 3 / 10 met price target	68%upside $16	Buy Reiterated	29 Aug 2024
TD Cowen Andrew Kilgerman 100% 1-year accuracy 2 / 2 met price target	47%upside $14	Buy Initiated	7 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 6 articles about ABL published over the past 30 days

Zacks Investment Research

What Makes Abacus Life, Inc. (ABL) a Strong Momentum Stock: Buy Now?

Does Abacus Life, Inc. (ABL) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Abacus Life, Inc. (ABL) a Strong Momentum Stock: Buy Now?

Zacks Investment Research

Buy 4 Low-Beta Stocks & Forget About Volatility: ERIE, SFM, AVO, ABL

It is imperative to build a portfolio of low-beta stocks to sail through a volatile market. ERIE, SFM, AVO & ABL are well-poised to gain.

Buy 4 Low-Beta Stocks & Forget About Volatility: ERIE, SFM, AVO, ABL

Zacks Investment Research

Strength Seen in Abacus Life, Inc. (ABL): Can Its 5.4% Jump Turn into More Strength?

Abacus Life, Inc. (ABL) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

Strength Seen in Abacus Life, Inc. (ABL): Can Its 5.4% Jump Turn into More Strength?

Zacks Investment Research

Does Abacus Life, Inc. (ABL) Have the Potential to Rally 34.62% as Wall Street Analysts Expect?

The mean of analysts' price targets for Abacus Life, Inc. (ABL) points to a 34.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Does Abacus Life, Inc. (ABL) Have the Potential to Rally 34.62% as Wall Street Analysts Expect?

Abacus Life Policy Value Calculator Surpasses Milestone of 150,000 Policy Valuations

ORLANDO, Fla., Sept. 18, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a leading global alternative asset manager focused on lifespan-based financial products, today announced that its popular Abacus Policy Value Calculator, which recently launched its newest generation, has surpassed 150,000 individual submissions from insureds, totaling more than $87 billion in face value.

Abacus Life Policy Value Calculator Surpasses Milestone of 150,000 Policy Valuations

Corey McLaren Joins Abacus Life (ABL) as Managing Director, Capital Markets

ORLANDO, Fla., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a leading global alternative asset manager focused on lifespan-based financial products, today announced that Corey McLaren has joined Abacus as Managing Director, Capital Markets.

Corey McLaren Joins Abacus Life (ABL) as Managing Director, Capital Markets

Zacks Investment Research

Can Abacus Life, Inc. (ABL) Run Higher on Rising Earnings Estimates?

Abacus Life, Inc. (ABL) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can Abacus Life, Inc. (ABL) Run Higher on Rising Earnings Estimates?

Zacks Investment Research

Wall Street Analysts Predict a 32.72% Upside in Abacus Life, Inc. (ABL): Here's What You Should Know

The consensus price target hints at a 32.7% upside potential for Abacus Life, Inc. (ABL). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Predict a 32.72% Upside in Abacus Life, Inc. (ABL): Here's What You Should Know

Abacus Life and Lorisco Life Announce Launch of PREADISAN™ to Improve Health Predictions

ORLANDO, Fla and NEW YORK, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus”) (NASDAQ: ABL), a pioneering alternative asset manager specializing in longevity and actuarial technology, and Lorisco Life LLC (“Lorisco”), a health prediction company using modern proteomics and machine learning to accurately forecast health events, today announced a new partnership and product launch to revolutionize longevity-based health prediction and actuarial technology.

Abacus Life and Lorisco Life Announce Launch of PREADISAN™ to Improve Health Predictions

Abacus Life, Inc. (ABL) Q2 2024 Earnings Call Transcript

Abacus Life, Inc. (NASDAQ:ABL ) Q2 2024 Earnings Conference Call August 12, 2024 9:00 AM ET Company Participants Garrett Edson - Managing Director ICR Jay Jackson - Chief Executive Officer Bill McCauley - Chief Financial Officer Conference Call Participants Crispin Love - Piper Sandler Andrew Kligerman - TD Securities Matthew Howlett - B. Riley Securities Operator Greetings and welcome to Abacus Life Second Quarter '24 Earnings Call.

Abacus Life, Inc. (ABL) Q2 2024 Earnings Call Transcript

See News Rankings

Charts implemented using Lightweight Charts™