Abacus Life, Inc. (ABL)

Market Cap	664.26M
Revenue (ttm)	77.68M
Net Income (ttm)	82,378
Shares Out	75.48M
EPS (ttm)	-0.01
PE Ratio	n/a
Forward PE	14.52
Dividend	n/a
Ex-Dividend Date	n/a

Volume	93,119
Open	9.12
Previous Close	9.00
Day's Range	8.61 - 9.17
52-Week Range	5.47 - 13.25
Beta	0.17
Analysts	Strong Buy
Price Target	13.50 (+53.41%)
Earnings Date	Aug 12, 2024

About ABL

Abacus Life, Inc. operates as an alternative asset manager and market maker in the United States. It operates through three segments: Portfolio Servicing, Active Management, and Originations. The Portfolio Servicing segment provides policy services to customers on a contract basis. The Active Management segment is involved in buying, selling, and trading policies, as well as maintaining policies until receipt of death benefits. The Originations segment originates life insurance policy settlements between investors or buyers, and the sellers, wh...

• Industry: Insurance - Life
• Sector: Financials
• Founded: 2004
• Employees: 102
• Stock Exchange: NASDAQ
• Ticker Symbol: ABL

Financial Performance

In 2023, Abacus Life's revenue was $66.40 million, an increase of 48.50% compared to the previous year's $44.71 million. Earnings were $9.52 million, a decrease of -69.96%.

Analyst Forecast

According to 2 analysts, the average rating for ABL stock is "Strong Buy." The 12-month stock price forecast is $13.5, which is an increase of 53.41% from the latest price.

Price Target

$13.5

(53.41% upside)

Analyst Consensus: Strong Buy