NASDAQ:ABL Abacus Life (ABL) Stock Price, News & Analysis $10.29 +0.08 (+0.78%) (As of 11:07 AM ET) Add Compare Share Share Today's Range$10.20▼$10.4050-Day Range$8.38▼$10.9852-Week Range$5.75▼$13.25Volume5,642 shsAverage Volume54,805 shsMarket Capitalization$657.79 millionP/E Ratio514.76Dividend YieldN/APrice Target$14.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Abacus Life alerts: Email Address Abacus Life MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside36.1% Upside$14.00 Price TargetShort InterestHealthy1.13% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.32Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth62.00%From $0.50 to $0.81 Per ShareSee Full Details Hide Full Details 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.3.57 out of 5 starsFinance Sector349th out of 863 stocksInvestment Advice Industry26th out of 49 stocks 3.5 Analyst's Opinion Consensus RatingAbacus Life has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageAbacus Life has only been the subject of 4 research reports in the past 90 days.Read more about Abacus Life's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.13% of the float of Abacus Life has been sold short.Short Interest Ratio / Days to CoverAbacus Life has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Abacus Life has recently decreased by 6.41%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldAbacus Life does not currently pay a dividend.Dividend GrowthAbacus Life does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ABL. Previous Next 2.4 News and Social Media Coverage News SentimentAbacus Life has a news sentiment score of 0.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Abacus Life this week, compared to 2 articles on an average week.Search Interest4 people have searched for ABL on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Abacus Life insiders have not sold or bought any company stock.Percentage Held by Insiders47.02% of the stock of Abacus Life is held by insiders. A high percentage of insider ownership can be a sign of company health.Read more about Abacus Life's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Abacus Life are expected to grow by 62.00% in the coming year, from $0.50 to $0.81 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Abacus Life is 514.76, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 145.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Abacus Life is 514.76, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 49.53.Price to Book Value per Share RatioAbacus Life has a P/B Ratio of 3.97. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Abacus Life's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchMillionaire Investor Warns: “Brace for Apple Collapse”Apple stock has quadrupled over the past five years. But now even Warren Buffett is pulling the plug. The Oracle of Omaha just sold HALF his stake – worth more than $75 billion in the iconic tech company.To watch his fascinating interview which has taken Wall Street by storm, click here. 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.Read More ABL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ABL Stock News HeadlinesAugust 19 at 8:00 AM | globenewswire.comAbacus Life and Lorisco Life Announce Launch of PREADISAN™ to Improve Health PredictionsAugust 18, 2024 | americanbankingnews.comAbacus Life (NASDAQ:ABL) Shares Down 4.1% August 22, 2024 | Stansberry Research (Ad)The Strange Disappearance of MILLIONS of American JobsA former hedge fund manager who bought Apple at a split-adjusted 35 cents and Amazon at $2.40 (split adjusted) just went issued a major warning.August 15, 2024 | americanbankingnews.comAbacus Life (NASDAQ:ABL) Trading Up 5.5% After Earnings BeatAugust 14, 2024 | seekingalpha.comAbacus Life, Inc. (ABL) Q2 2024 Earnings Call TranscriptAugust 14, 2024 | americanbankingnews.comAbacus Life (NASDAQ:ABL) Shares Gap Up Following Strong EarningsAugust 14, 2024 | americanbankingnews.comAbacus Life (NASDAQ:ABL) Announces Quarterly Earnings ResultsAugust 13, 2024 | msn.comAbacus Life, Inc. (NASDAQ:ABL) Q2 2024 Earnings Call TranscriptAugust 22, 2024 | Stansberry Research (Ad)The Strange Disappearance of MILLIONS of American JobsA former hedge fund manager who bought Apple at a split-adjusted 35 cents and Amazon at $2.40 (split adjusted) just went issued a major warning.August 12, 2024 | markets.businessinsider.comAbacus Life A earnings: here's what Wall Street expectsAugust 12, 2024 | globenewswire.comAbacus Life Reports Second Quarter 2024 ResultsAugust 9, 2024 | msn.comTD Cowen Initiates Coverage of Abacus Life (ABL) with Buy RecommendationAugust 8, 2024 | nasdaq.comAbacus Life Rings the Opening BellAugust 7, 2024 | finance.yahoo.comAbacus Life Announces Agreement to Acquire FCF AdvisorsJuly 24, 2024 | msn.comUnionized Tongyang, ABL Life workers demand continued employmentJuly 20, 2024 | marketwatch.comAbacus Life Shares Rise Following AcquisitionJuly 18, 2024 | globenewswire.comAbacus Life Provides Preliminary Second Quarter 2024 ResultsJuly 18, 2024 | globenewswire.comAbacus Life Announces Agreement to Acquire Carlisle Management Company SCASee More Headlines Receive ABL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Abacus Life and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings8/12/2024Today8/22/2024Next Earnings (Estimated)11/11/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Investment advice Sub-IndustryTrading Current SymbolNASDAQ:ABL CUSIPN/A CIK1814287 Webabacuslife.com Phone561-826-3620FaxN/AEmployees82Year FoundedN/APrice Target and Rating Average Stock Price Target$14.00 High Stock Price Target$15.00 Low Stock Price Target$12.00 Potential Upside/Downside+37.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.02 Trailing P/E Ratio510.76 Forward P/E Ratio20.42 P/E GrowthN/ANet Income$9.52 million Net Margins0.11% Pretax Margin4.42% Return on Equity4.96% Return on Assets2.52% Debt Debt-to-Equity Ratio1.03 Current Ratio3.12 Quick Ratio3.12 Sales & Book Value Annual Sales$95.38 million Price / Sales6.84 Cash Flow$0.37 per share Price / Cash Flow27.50 Book Value$2.59 per share Price / Book3.94Miscellaneous Outstanding Shares63,925,000Free Float33,867,000Market Cap$652.67 million OptionableOptionable Beta0.12 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Jay Jackson (Age 51)CEO, President & Chairman Comp: $310.18kMr. Todd McNealy (Age 57)Co-Founder, President, Managing Partner & Director Comp: $282.98kMr. William Hugh McCauley Jr. (Age 52)Chief Financial Officer Comp: $581.17kMr. Matthew A. Ganovsky (Age 58)Co-Founder, President & Managing Partner Comp: $210kMr. Kevin Scott Kirby (Age 56)Co-Founder, President & Managing Partner Comp: $210kKrissy LubranoManaging Director of Operations & HRMr. Christopher David Romaine (Age 52)General Counsel Jeff SmithVice President of MarketingStuart LittleManaging Director of SalesNick SawukManaging DirectorMore ExecutivesKey CompetitorsMoneyLionNYSE:MLSpire GlobalNYSE:SPIRDesktop MetalNYSE:DMCuriosityStreamNASDAQ:CURILandBridgeNYSE:LBView All CompetitorsInsiders & InstitutionsPoint72 Asset Management L.P.Bought 600,000 shares on 8/19/2024Ownership: 0.939%Quarry LPBought 36,780 shares on 8/16/2024Ownership: 0.058%Sei Investments Co.Bought 48,272 shares on 8/13/2024Ownership: 0.076%Renaissance Technologies LLCBought 12,200 shares on 8/9/2024Ownership: 0.019%Levin Capital Strategies L.P.Bought 15,000 shares on 8/7/2024Ownership: 0.023%View All Insider TransactionsView All Institutional Transactions ABL Stock Analysis - Frequently Asked Questions How have ABL shares performed this year? Abacus Life's stock was trading at $9.66 at the beginning of the year. Since then, ABL stock has increased by 6.5% and is now trading at $10.29. View the best growth stocks for 2024 here. How were Abacus Life's earnings last quarter? Abacus Life, Inc. (NASDAQ:ABL) released its quarterly earnings results on Monday, August, 12th. The company reported $0.18 EPS for the quarter, topping the consensus estimate of $0.13 by $0.05. The firm had revenue of $29.08 million for the quarter, compared to the consensus estimate of $28.57 million. 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 top institutional shareholders include Allspring Global Investments Holdings LLC (1.79%), Principal Financial Group Inc. (1.47%), Point72 Asset Management L.P. (0.94%) and Stieven Capital Advisors L.P. (0.51%). Insiders that own company stock include Sean Mcnealy and Mary Beth Schulte. 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 8/22/2024 by MarketBeat.com Staff From Our PartnersWhat Is the $7,882 Stimulus Payment 2024?Biden’s government just announced a new government "stimulus program"... And it could hand you a payment fo...Angel Publishing | SponsoredAir Force quietly working with sub $10 stock on new techThere is a little-known energy technology stock that has made an incredible breakthrough… Which could becom...DTI | SponsoredMillionaire Investor Warns: “Brace for Apple Collapse”Apple stock has quadrupled over the past five years. But now even Warren Buffett is pulling the plug. 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