Abacus Global Management Inc ABL

$8.47 -0.03 (-0.35%)

Valuation

Market cap
827,968,000
Revenue TTM
$111,920,000
Net income TTM
$-23,960,000
P/E (trailing)
11.18
P/E (forward)
10.30
Profit margin
-21.41%
Debt to equity
0.93

Trading

Volume
775,100
Avg volume
790,288
Day's range
$8.27 – $8.59
Shares out
97,753,000
Stochastic %K
38%
Beta
-0.07
Analysts
Strong Buy
Price target
$13.08

Price

Company profile

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 o...

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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.

Industry
Insurance - Life
Sector
Financial Services
Phone
800 561 4148
Website
https://abacusgm.com
Address
2101 Park Center Drive, Suite 200, Orlando, United States

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